One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
  • Report Library
  • Who Trust Us
  • inquiry@market.us
  • +1 718 618 4351 (International)
  • +91 78878 22626 (Asia)

More Results

One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
  • Report Library
  • Who Trust Us
Home » Pen Needles Market
Pen Needles Market
Pen Needles Market
Published date: Nov 2021 •Formats:
Request Sample Schedule a Call
  • Home » Pen Needles Market

Global Pen Needles Market By Product Type (Standard Pen Needles and Safety Pen Needles), By Needles Length (5 mm, 6 mm, 8 mm, and Other Needles Length), By Therapy (Insulin, Growth Hormone, and Glucagon-like-Peptide-1 (GLP-1)), and by Region and Companies Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032.

  • Published date: Nov 2021
  • Report ID: 20487
  • Number of Pages: 232
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
  • Request a Sample
  • Pen Needles Market Overview:

    The global pen needles market was valued at USD 1,500 million in 2021. It is expected to show attractive growth over the forecast period.

    Pen needles are in high demand due to the rising prevalence of diabetes. According to the International Diabetes Federation, 650 million people will have diabetes by 2040. The target market for diabetes will grow due to the increasing number of people with the disease.

    Global Pen Needles Market Scope:

    Product Type Analysis:

    Standard pen needles were the most popular in 2021. This was due to their daily use by diabetic patients, who used larger amounts of them. These needles are often used by people with dexterity issues. These needles are not recommended as they can cause needle stick injuries. This makes it difficult to use pen needles safely.

    They are therefore expected to be in low demand in the future. This segment is supported by the rising diabetic population and increased awareness regarding insulin pen usage. The technological advances in safety pen needles will lead to a lucrative growth rate over the forecast period. These devices allow patients to avoid needle stick injuries.

     

    pen needles market 2

    Needle Length Analysis:

    The largest market for pen needles in 2021 was 8 mm. These needles are prescribed most often to patients with the target disease, including those who are overweight. A short needle length of 4mm will see a high CAGR during the forecast period. Patients are using the shortest and thinnest needles more often than injections due to their greater comfort. Their thin layer allows for easy access to the patient’s subcutaneous tissue.

    Therapy Analysis

    The market for pen needles has been divided into three segments based on therapy type: insulin, GLP-1, and growth hormone. In 2015, the insulin therapy segment was the dominant market and will continue to grow over the forecast period. This is due to increasing awareness of self-administration insulin therapy among type 1 and 2 diabetic patients. GLP-1 therapy will also see significant growth in the future. GLP-1 therapy is able to lower blood glucose levels in patients with type 2 diabetes. Novo Nordisk also plans to expand the GLP-1 market.

    Маrkеt Ѕеgmеntѕ:

    By Product Type

    • Standard Pen Needles
    • Safety Pen Needles

    By Needle Length

    • 5 mm
    • 6 mm
    • 8 mm
    • 10 mm
    • Other Needle lengths

    By Therapy

    • Insulin
    • Growth Hormone
    • Glucagon-like-Peptide-1 (GLP-1)

    Market Dynamics:

    This product is commonly used for injections of insulin or other injectable medications by diabetic patients. People who are obese are more likely to develop diabetes. Insulin pen delivery is the fastest and most convenient method of drug injection. Due to the increasing demand for insulin pens, pen needles are in high demand. These devices are used in conjunction with insulin pens to deliver the medication to the patient.

    Regional Analysis

    North America will be the market leader in pen needles by 2021. North America was the dominant market for pen needles. Market growth is being driven by the growing prevalence of diabetes and favorable reimbursement for pen needles. Federal initiatives to increase awareness about injection techniques, increased market penetration by top players, and improved pen needle technology is all driving US market growth.

    pen needle market value regional share

    Кеу Regions and Countries covered іn thе rероrt:

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Russia
      • Spain
      • Rest of Europe
    • APAC
      • China
      • Japan
      • South Korea
      • India
      • Rest of Asia-Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • MEA
      • GCC
      • South Africa
      • Israel
      • Rest of MEA

    Market Share & Key Players Analysis:

    Novo Nordisk A/S, Becton, Dickinson and Company, TERUMO CORPORATION, Owen Mumford Ltd., Ypsomed, B. Braun Melsungen AG, HTL-STREFA, UltiMed, Inc., Allison Medical, Inc., and Artsana S.p.a. are some of the major players in this market. These companies are involved in product development, regional expansion, mergers, and acquisitions to address the unmet needs of diabetic patients. In the U.K. and Ireland, Becton, Dickinson, and Company introduced the BD Auto shield Dual Safety Pen Needle. This helps to minimize needle stick injuries.

    pen needle market company share analysis

    Маrkеt Кеу Рlауеrѕ:

    • Novo Nordisk A/S
    • Becton
    • Dickinson and Company
    • TERUMO CORPORATION
    • Owen Mumford Ltd.
    • Ypsomed
    • B. Braun Melsungen AG
    • HTL-STREFA
    • UltiMed Inc.
    • Allison Medical Inc.
    • Other Key Players

    For the Pen Needles Market research study, the following years have been considered to estimate the market size:

    AttributeReport Details

    Historical Years

    2016-2020

    Base Year

    2021

    Estimated Year

    2022

    Short Term Projection Year

    2028

    Projected Year

    2023

    Long Term Projection Year

    2032

    Report Coverage

    Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.

    Regional Scope

    North America, Europe, Asia-Pacific, South America, Middle East & Africa

    Country Scope

    United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa

    Share
    Tweet
    Share
    Pin
    0 Shares

    Frequently Asked Questions (FAQ)

    Q: What is the pen needles market size in 2021?

    A: The pen needles market size is US$ 1,500 million in 2021.

    Q: What is the CAGR for the pen needles market?

    A: The pen needles market is expected to grow at a CAGR of 11.5 % during 2023-2032.

    Q: What are the segments covered in the pen needles market report?

    A: Market.US has segmented the Global pen needles Market Value (US$ Mn) Analysis by Region, 2022 market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Product Type, market has been segmented into standard pen needles and safety pen needles. By Needle Length, market has been further divided into 5 mm, 6 mm, 8mm, 10 mm, and other needle length. By Therapy, market has been further divided into Insulin, Growth hormone, and Glucagon-like-Peptide-1 (GLP-1).

    Q: Who are the key players in the pen needles market?

    A: Novo Nordisk A/S, Becton, Dickinson and Company, TERUMO CORPORATION, Owen Mumford Ltd., Ypsomed, B. Braun Melsungen AG, HTL-STREFA, Other Key Players are the key vendors in the Pen needles market.

    Q: Which region is more attractive for vendors in the pen needles market?

    A: North America is expected to account for the highest revenue share of 45% among the other regions. Therefore, the pen needles market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

    Q: What are the key markets for pen needles?

    A: Key markets for pen needles are the U.S., Canada, the U.K., Germany, Japan, India, China, Brazil, Mexico, and South Africa.

    Q: Which segment has the largest share in the pen needles market?

    A: In the pen needles market, vendors should focus on grabbing business opportunities from the 8 mm Needle length segment as it accounted for the largest market share in the base year.

    Pen Needles Market
    Pen Needles Market
    Published date: Nov 2021
    add_shopping_cartBuy Now get_appDownload Sample
    keyboard_arrow_up
    • Novo Nordisk A/S Company Profile
    • Becton, Dickinson and Company Profile
    • Dickinson and Company
    • Terumo Corporation Company Profile
    • Owen Mumford Ltd.
    • Ypsomed
    • B. Braun Melsungen AG Company Profile
    • HTL-STREFA
    • UltiMed Inc.
    • Allison Medical Inc.
    • Other Key Players
  • settingsSettings

Related Reports

  • Prurigo Nodularis Treatment and Management Market
  • Inhalation Therapy Nebulizer Market
  • Pharmaceutical Membrane Filters Market
  • Dyspnea Treatment Market
  • Laser Displacement Sensor Sales Market
  • Artificial Intelligence Chipsets Market

Our Clients

  • Our Clients
Inquiry Before Buying

Pen Needles Market
  • 20487
  • Nov 2021
    • ★★★★★
      ★★★★★
    • (30)
  • US $5,999
    US $2,999
  • US $7,999
    US $3,499
  • US $12,999
    US $4,499
Buy Now
✖
Request a Sample Report
We'll get back to you as quickly as possible

Single User
$5,999
$2,999
USD / per unit
save 50%
Multi User
$7,999
$3,499
USD / per unit
save 55%
Corporate User
$12,999
$4,499
USD / per unit
save 65%
e-Access
Data Set (Excel)
Print
Company Profile Library Access
Interactive Dashboard
Free Custumization No up to 10 hrs work up to 30 hrs work
Accessibility 1 User 2-5 User Unlimited
Analyst Support up to 20 hrs up to 40 hrs up to 50 hrs
Benefit Up to 20% off on next purchase Up to 25% off on next purchase Up to 30% off on next purchase
Buy Now ($ 2,999)Buy Now ($ 3,499)Buy Now ($ 4,499)
  • Facebook Logo
  • Twitter Logo
  • LinkedIn Logo
auto undefined
af Afrikaanssq Albanianam Amharicar Arabichy Armenianaz Azerbaijanieu Basquebe Belarusianbn Bengalibs Bosnianbg Bulgarianca Catalanceb Cebuanony Chichewazh-CN Chinese (Simplified)zh-TW Chinese (Traditional)co Corsicanhr Croatiancs Czechda Danishnl Dutchen Englisheo Esperantoet Estoniantl Filipinofi Finnishfr Frenchfy Frisiangl Galicianka Georgiande Germanel Greekgu Gujaratiht Haitian Creoleha Hausahaw Hawaiianiw Hebrewhi Hindihmn Hmonghu Hungarianis Icelandicig Igboid Indonesianga Irishit Italianja Japanesejw Javanesekn Kannadakk Kazakhkm Khmerko Koreanku Kurdish (Kurmanji)ky Kyrgyzlo Laola Latinlv Latvianlt Lithuanianlb Luxembourgishmk Macedonianmg Malagasyms Malayml Malayalammt Maltesemi Maorimr Marathimn Mongolianmy Myanmar (Burmese)ne Nepalino Norwegianps Pashtofa Persianpl Polishpt Portuguesepa Punjabiro Romanianru Russiansm Samoangd Scottish Gaelicsr Serbianst Sesothosn Shonasd Sindhisi Sinhalask Slovaksl Slovenianso Somalies Spanishsu Sundanesesw Swahilisv Swedishtg Tajikta Tamilte Teluguth Thaitr Turkishuk Ukrainianur Urduuz Uzbekvi Vietnamesecy Welshxh Xhosayi Yiddishyo Yorubazu Zulu
Find Help
  • Contact Us
  • How to Order
Legal
  • Privacy Policy
  • Refund Policy
  • Frequently Asked Questions
  • Terms and Conditions
Explore
  • About Us
  • All Reports
  • All Sectors
  • Infographics
  • Statistics and Facts
  • Companies
  • Report Library

© 2025 Market.Us. All Rights Reserved.