Drug Delivery Devices
Global Pen Needles Market to 2032
Revenue, 2024 (USD Million)
7,261.35
Forecast, 2032 (USD Million)
11,210.30
CAGR, 2024 - 2032
4.13%
Report Coverage
Global
Global Pen Needles Market 2018-2032 USD Million
Global Pen Needles Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 7,261.35 USD Million
- Projected Market Size (2032): 11,210.30 USD Million
- CAGR (2024-2032): 4.13%
Key Findings of Global Pen Needles Market
- The Global Pen Needles Market is likely to grow at a CAGR of 4.13% during the forecast period of 2024 to 2032.
- Global Pen Needles Marketsize was valued at 7,261.35 USD Million in 2024.
- In 2024, Diabetes segment dominated the market with the largest market share.
- Safety Pen Needles in the product segment is expected to witness the fastest growth during the forecast period.
Global Pen Needles Market Scope
Global Pen Needles Market Segmentation & Scope
Therapy
- Growth Hormones
- Others
- Glucagon-Like Peptide-1
- Insulin
Application
- Growth Hormone Deficiency
- Others
- Diabetes
Usability
- Disposable
- Reusable
Product Length
- Long length
- Nano length
- Medium length
Product Type
- Safety Pen Needles
- Standard Pen Needles
End User
- Others
- Clinics
- Hospitals
- Home Healthcare
Global Pen Needles Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 7,261.35 USD Million |
| Market Value in 2032 | 11,210.30 USD Million |
| CAGR (2024-2032) | 4.13% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Therapy,Application,Usability,Product Length,Product Type,End User |
| Largest Segment | Diabetes |
| Fastest Growing Segment | Safety Pen Needles |
| Major Players |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Diabetes
- Fastest Growing Segment (2024-2032): Safety Pen Needles
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: U.S., leading in terms of revenue and market share by 2032.
Global Pen Needles Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Pen Needles Market Geographical Sales Distribution, 2018-2032 USD Million
Global Pen Needles Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Pen Needles Market is segmented based on Segmentation Therapy,Application,Usability,Product Length,Product Type,End User.
Global Pen Needles Market was valued at USD 7,261.35(Revenue in USD Million) in 2022.
Global Pen Needles Market is projected to grow at a CAGR of 4.13% during the forecast period of 2024 to 2032.
The estimated market value of the Global Pen Needles Market for final year is USD 11,210.30 (USD Million).
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