Global Pen Needles Market 2023-2029

According to latest analysis, the global pen needles market was USD 1,267 million in 2022 and is expected to reach USD 1,953 million in 2029 and register a CAGR of 6.4% during the forecast period, 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global pen needles market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, length, therapy, distribution channel, and region. The global market for pen needles can be segmented by product: safety pen needles, standard pen needles. The standard pen needles segment held the largest share of the global pen needles market in 2022 and is anticipated to hold its share during the forecast period. Pen needles market is further segmented by length: long needles, short needles. Globally, the short needles segment made up the largest share of the pen needles market. Based on therapy, the pen needles market is segmented into: insulin, non-insulin. The insulin segment was the largest contributor to the global pen needles market in 2022. On the basis of distribution channel, the pen needles market also can be divided into: online, retail. The retail segment is estimated to account for the largest share of the global pen needles market. Pen needles market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

Market Segmentation
By product: safety pen needles, standard pen needles
By length: long needles, short needles
By therapy: insulin, non-insulin
By distribution channel: online, retail
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The global pen needles market report offers detailed information on several market vendors, including B. Braun Melsungen AG, Becton, Dickinson and Company, Lepu Medical Technology ( Beijing ) Co., Ltd., Nipro Corporation, Novo Nordisk A/S, Owen Mumford Ltd., Shanghai Kindly Enterprise Development Group Co., Ltd., Sinocare Inc., Terumo Corporation, Ypsomed AG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global pen needles market.
• To classify and forecast the global pen needles market based on product, length, therapy, distribution channel, region.
• To identify drivers and challenges for the global pen needles market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global pen needles market.
• To identify and analyze the profile of leading players operating in the global pen needles market.

Why Choose This Report
• Gain a reliable outlook of the global pen needles market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.