Global Pen Needles Market Analysis and Forecasts to 2025 -2013 by Type (Standard and Safety), by Length (4mm, 5mm, 6mm, 8mm, 10mm and 12mm), by End User (Hospitals, Clinics, & Ambulatory Centers and Patients), and by Geography (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) The market based on length can be segmented into 4mm, 5m, 6mm, 8mm, and 10mm & 12mm. Pen needles are available in various sizes to meet the requirements of patients from different regions and races. 6mm needles contribute to larger share of the market, owing to high efficiency of these needles to deliver the insulin into the sub-cutaneous layer. Smaller length pen needles that cause less pain while injecting are expected to witness a significant growth rate in the coming years. Many large and small manufacturers in the market are aiming to develop 4mm & 5mm pen needles and such developments are further expected to bolster the demand for these shorter needles in the coming years. Based on end user, the market can be segmented as, hospitals, clinics, & ambulatory centers and patients. Pen needles are highly used by patients to self-administer the insulin. Rise in number of diabetes cases across the globe and ease of insulin administration using insulin pens is expected to boost the demand for pen needles from patients in the coming years. However, the demand for safety pen needles from hospitals, clinics, & ambulatory centers is expected to rise during the forecast period, owing to regulations to decrease the needlestick injuries. To get a complete report sample from@ https://globalmarketforecasts.com/request-for-sample/17
The Pen needles market has been witnessing significant growth over the past few years owing to rise in diabetic population, increasing awareness on advantages of pen needles, availability of reimbursement in western countries, and growing geriatric population. In addition, mandates and regulations for the usage of safety pen needles in US and European countries is expected to bolster the market growth in the coming years. Furthermore, increasing interest of key players in the development of shorter needles for low cost is expected to offer significant growth opportunities during next few years. However, re-use of same pen needle in low-income countries and rising number of needle stick injuries are expected to restraint the market growth during the forecast period. Top Players:
Novo Nordisk
Ypsomed Holding AG
B. Braun Melsungen AG
HTL-Strefa S.A.
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And Others
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Market-Analysis-and-Forecasts-to-2025 The report provides forecast and analysis of the global pen needles market. It provides market overview of global pen needles market of in terms of revenue (in US$ mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the pen needles market and their impact on each country during the forecast period. About Global Market Forecasts Global Market Forecasts is a global business intelligence and consulting firm aimed at assisting our clients to make critical business decisions and achieve exponential growth in their business. We focus on emerging markets and technologies, and insights on niche markets. Our reports include information on recent trends and innovations. Our pool of more than 300 off-shelf reports in each industry and customized reports based on the client’s requirement aids our client in making faster business decisions. Contact Details Company Name: Global Market Forecasts Tel: +1-201-564-4683 / +44-33-0606-0991 Web: https://globalmarketforecasts.com