The pen needles market is estimated to account for US$ 2,280.6 Mn by the end of 2025, escalating at a CAGR of 4.6% during the forecast period from 2018 to 2025, rising from US$ 1,603.8 Mn in 2017.
The rise in the number patients suffering from diabetes as well as increasing obese population that is at high risk of diabetes are expected to fuel the growth of global pen needles market.

The global market for pen needles on the basis of therapy is segmented into insulin therapy, GLP-1 and growth hormone. The insulin therapy is expected to be the largest as well as fastest growing segment in the market. Insulin is the most widely recommended and common biologic required by an individual suffering from diabetes. In addition, increasing adoption of self-administration of insulin among diabetic patients is also expected to showcase lucrative growth rates for insulin therapy segment over other segments in the forecast years.

On the basis of length, the global pen needles market is segmented into 4mm, 5mm, 6mm, 8mm, 10mm, and 12mm. The 4mm segment is expected to contribute a dominant share in the global pen needles market. This attributes to the effective delivery offered by 4mm needles over other lengths. Moreover, these needles are ideal to be used by individuals of all age groups as well as skin thickness and BMI ratios. Several other benefits offered by 4mm pen needles includes higher level of comfort, easy penetration of insulin and easy availability which is likely to propel the demand for 4mm over the forecast period.

Key Topics Covered:

1 Introduction

2 Key Takeaways

3 Pen Needles Market Landscape

4 Pen Needles Market – Key Industry Dynamics

5 Pen Needles Market Analysis- Global

6 Pen Needles Market -Global Regulatory Scenario

7 Pen Needles Market Revenue and Forecasts to 2025 – Type (US$ MN)

8 Pen Needles Market Revenue and Forecasts to 2025 – Therapy (US$ MN)

9 Pen Needles Market Revenue and Forecasts to 2025 – Length (US$ MN)

10 North America Pen Needles Market Revenue and Forecasts to 2025 – Country Analysis

11 Europe Pen Needles Market Revenue and Forecasts to 2025 – Country Analysis

12 Asia Pacific Pen Needles Market Revenue and Forecasts to 2025 – Country Analysis

13 Middle East and Africa (MEA) Pen Needles Market Revenue and Forecasts to 2025 – Geographical Analysis

14 South and Central America Pen Needles Market Revenue and Forecasts to 2025 – Geographical Analysis

15 Industry Landscape

16 Pen Needles Market, Key Company Profiles

  • BD
  • Novo Nordisk A/S
  • YPSOMED AG
  • B. Braun Melsungen AG
  • Owen Mumford, Ltd.
  • HTL-Strefa S.A.
  • Ultimed, Inc.
  • Terumo Corporation
  • Allison Medical, Inc.
  • Artsana S.p.A.
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