Report Title: Global Pen Needles Market Research Report 2020
The Pen Needles Market report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Pen Needles by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
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Scope of the Pen Needles Market Report:
Insulin Pen needles are used in conjunction with injection pens to deliver injectable medications into the body. An insulin pen needle consists of a hollow needle which is embedded in a plastic hub and attaches to injection pens. Pen needles come in a variety of needle lengths and diameters and are used by both health professionals and patients for injection of a variety of medications. They are commonly used by people with diabetes who often require multiple daily insulin injections.
After several months of survey and research, research group obtains the following conclusions:
1. In the last several years, Global market of Insulin Pen Needles developed rapidly, with an average growth rate of 4.87%. In 2016, Global Revenue of Insulin Pen Needles is nearly 1456 M USD; the actual production is about 12333 M Unit.
2. The global average price of Insulin Pen Needles is in the decreasing trend, from 121.7 USD/K Unit in 2012 to 118.0 USD/K Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
3. The classification of Insulin Pen Needles includes Standard Insulin Pen Needles and Safety Insulin Pen Needles, and the proportion of Standard Insulin Pen Needles in 2016 is about 95%, and the proportion is in decreasing trend from 2012 to 2016.
Insulin Pen Needles is widely used for Home and Medical Institutions. The most proportion of Insulin Pen Needles is for home use, and the proportion in 2016 is about 92%.
4. North America is the largest supplier of Insulin Pen Needles, with a production market share nearly 43.5% in 2016. Europe is the second largest supplier of Insulin Pen Needles Media, enjoying production market share nearly 38.7% in 2016.
5. Europe is the largest consumption place, with a consumption market share nearly 41% in 2016. Following Europe, North America is the second largest consumption place with the consumption market share of 30%.
6. Market competition is not intense. BD, Novo Nordisk, Artsana, B. Braun, Terumo, Ypsomed, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Market Analysis and Insights: Global Pen Needles Market
The global Pen Needles market is valued at 1685.1 million USD in 2020 is expected to reach 2348.2 million USD by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
Global Pen Needles Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market experts opinions have been taken to understand the market bette
In this study, 2019 has been considered as the base year and 2020 to 2026 as the forecast period to estimate the market size for Pen Needles. This report researches the worldwide Pen Needles market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
Pen Needles Market Segment by Product Types considering Production, Revenue (Value), Price Trends:
- Standard Insulin Pen Needles
- Safety Insulin Pen Needles
Market Segment by Applications considering Consumption Growth Rate and Market Share:
- Home Use
- Medical Institutions
Major Key Players of Pen Needles Market Report:
- Novo Nordisk
- B. Braun
- Owen Mumford
- Allison Medical
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Further in the Pen Needles Market research reports, following points are included along with in-depth study of each point:
- Production Analysis– Production of the Pen Needles is analyzed with respect to different regions, types and applications. Here, price analysis of various Pen Needles Market key players is also covered.
- Supply and Consumption– In continuation with sales, this section studies supply and consumption for the Pen Needles Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.
- Key Strategic Developments– The study also includes the key strategic developments of the Pen Needles market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a global and regional scale.
Pen Needles Market Report Includes:
- Industry Trends:Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
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Table of Contents
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
6 North America Pen Needles Market by Countries
7 Europe Pen Needles Market by Countries
8 Asia Pacific Pen Needles Market by Countries
9 Central & South America Pen Needles Market by Countries
10 Middle East and Africa Pen Needles Market by Countries
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis and many more
Name: Mr. Ajay More
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