(MENAFN- America News Hour) Kenneth Research recently added a report on 'Pen Needles Market' in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Pen Needles Market, along with the compound growth rate (CAGR) of the market for a projected period between 2021 2025. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter's five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
Global Pen Needles Market Analysis
The Global Pen Needles Market was valued at USD 1.94 Billion in 2017 and is projected to reach USD 4.40 Billion by 2026, growing at a CAGR of 10.8% from 2018 to 2025.
The Final Report will cover the impact analysis of COVID-19 on this industry:
Request for Full Sample Report@
What is pen needles?
Pen needles are commonly used in conjunction with injection pens in order to deliver injectable medications into the human body. It comprises of a hollow needle that is embedded in a plastic hub and attaches to injection pens. Pen needles are available in variety of needle length and diameters and is generally used by healthcare professional to provide injection of a variety of medications to their patients. The most common applications of these pen needles is by diabetic patients who often require multiple daily insulin injections.
Global Pen Needles Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Factors such as rising prevalence of chronic diseases such as diabetes, favorable reimbursement in selected countries along with huge technological advancements contributes in driving the Global Pen Needles Market. On the other hand, Preference for Alternative Drug Delivery modes might act as a restraint for the overall market.
The report contains a quantitative and qualitative estimation of market elements which interests the client. The 'Global Pen Needles Market' is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Pen Needles Market Competitive Landscape
The 'Global Pen Needles Market' study report will provide a valuable insight with an emphasis on global market including some of the major players such as 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. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Pen Needles Market , By Length
• 4mm
• 5mm
• 6mm
• 8mm
• 10mm
• 12mm
Global Pen Needles Market , By Type
• Standard Pen Needles
• Safety Pen Needles
Global Pen Needles Market , By Therapy
• Insulin Therapy
• Glucagon-Like Peptide-1 (GLP-1) Therapy
• Growth Hormone Therapy
• Other Therapies
Global Pen Needles Market , By Mode of Purchase
• Retail
• Non-Retail
Global Pen Needles Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World
Read More@
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support
Customization of the Report
• In case of any queries or customization requirements please connect with our sales team, who will ensure that your requirements are met.
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
Kenneth Research
Email :
Phone: +1 313 462 0609
Darlene Dooley
Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.
MENAFN13042021004545010068ID1101906430
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.