The global pen needles market is forecast to reach USD 2.48 Billion by 2026, according to a new report by Reports and Data. Pen needles are used for the drug administration for many diseases and are used by both healthcare professionals and patients themselves. They have become popularly accepted with the advancements in therapy and a supportive reimbursement structure in many nations.
According to the World Health Organization (WHO), from 2015 to 2050, the aged population across the globe will be rise from 12% to 22% of the total global population. Owing to this, the incidence of target diseases such as chronic diseases and cancer is expected to grow and, in return, will boost the demand. An increase in healthcare expenditure across the globe also supports the adoption of user-friendly technologies. According to the American Diabetes Association, the annual healthcare cost in the U.S. increased by 26% during the last five years due to increased diabetes incidences.
This is the latest report covering the impact of the global health crisis COVID-19 on the Pen Needles market. The pandemic has disrupted the supply chain, and the market dynamics changed the demand patterns and have financially impacted the market. The report provides extensive coverage of the impact analysis of the pandemic on the Pen Needles market and key segments.
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The report covers an analysis of the key players operating in the market along with their company profiles, product portfolio, and business expansion strategies. The key companies profiled in this report include Becton, Dickinson and Company, Novo Nordisk A/S, Ypsomed Holding AG, B. Braun Melsungen AG, HTL-Strefa S.A., Terumo Corporation, Owen Mumford Ltd., Allison Medical Inc., Ultimed, Inc., and Arkray, Inc., among others.
The report aims at providing a detailed analysis of the market size, market share, sales patterns, pricing analysis, production and consumption ratio, and the regional bifurcation. The key regions covered in the report include North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
For the purpose of this report, Reports and Data have segmented into the global Pen Needles market on the basis of type, length, therapy, usability, distribution channel, end-uses, and region:
Type Outlook (Revenue, USD Billion; 2016-2026)
Length Outlook (Revenue, USD Billion; 2016-2026)
Therapy Outlook (Revenue, USD Billion; 2016-2026)
Usability Outlook (Revenue, USD Billion; 2016-2026)
Distribution Channel Outlook (Revenue, USD Billion; 2016-2026)
End-Use Outlook (Revenue, USD Billion; 2016-2026)
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Key Questions Addressed in the Report:
Key features of the Report:
Table Of content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Indicative Metrics Chapter 4. Pen Needles Market Segmentation & Impact Analysis 4.1. Pen Needles Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis
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