Pen Needle Market by Type, Needle Length, Therapy and Mode of Purchase - Global Industry Analysis and Forecast to 2027
Published On : May 2022 Pages : 123 Category: Medical Devices Report Code : HC0515
Industry Trend Analysis
Global market for pen needle is projected to be around $4.9 billion in 2027. Rising incidence of diabetes worldwide is the major factor driving the market. According to International Diabetes Federation (IFD), approximately 415 million people were suffering from diabetes in 2017. Such a high occurrence of diabetes within people is the major factor that contributes to the market growth. In addition, increasing obesity and related disorders among population is another important factor for the market growth. Such population forms target customer for companies manufacturing pen needles.
Market is expected to grow further by technological advances and up gradation. Pen needle allow comfort and easy mode of insulin delivery which is one of the strong drivers for market growth. These devices are technologically advanced and provide superior alternative drug injection method in comparison to traditional syringes and vials.
Product Outlook and Trend Analysis
As of 2017, standard pen needle occupied the largest share in overall market. Growing diabetic population, increasing awareness about insulin delivery methods, and low cost as compared to safety needles are set to drive the market growth. 8mm needle accounted for the largest share of the global market. These pens are more prescribed to all patients including people with obesity and related problems whereas 4mm needle is expected to grow at fast rate till 2027, owing to its short length. Insulin therapy segment will dominate the market in coming years because of ease of usage, convenient and safe method to deliver insulin in body. Retail mode of purchase will be dominating market as more people tend to purchase insulin needles directly from pharmaceuticals, retail stores, and hospital pharmacy.
Reusable and disposable needle pen accounted for almost equal shares with reusable pens having slightly higher share in 2017. Disposable needle pen are mostly used in developing countries such as China and India whereas developed markets such as U.S. and UK prefer reusable needle pen.
Regional Outlook and Trend Analysis
Europe is expected to lead pen needle market with largest share of the overall market in 2017,followed by North America, Asia-Pacific and rest of the world. U.S. leads pen needle market in North American. This is attributed to increasing diabetic population, improving regulatory framework to minimize needle related injuries, increased utilization of engineered devices, funding for diabetes research, awareness campaigns and patients looking for easy methods for insulin delivery. Despite Europe having largest market share, it is expected to grow at slow rate as market is highly saturated. Asia-Pacific is projected to show high growth, due to increase ability of patients to pay for better healthcare facilities, growing awareness level and government initiatives to provide improved health care services will drive the market growth.
Competitive Analysis
Major players in the market are Terumo Corporation, Ulti Med, Inc., Allison Medical, Inc., Ypsomed Holding AG, Owen Mumford, Ltd., Becton, Dickinson and Company, Novo Nordisk A/S, HTL-STREFA S.A., and Artsana S.p.a. and B. Braun Melsungen. These players are highly focused on developing new products, improving existing products, expansions, mergers and acquisitions in order to expand their customer base and increase market share.
Market Opportunities
The pen needle market has witnessed fast growth due to technological up gradation and growing demand for safe, pain free needles and the need to minimize needle related injuries. Innovative products such as Easy Flow technology with 5mm compact needle for more comfort and digital pen needles with visual displays will be seen dominating the market in next few years.
Pen needle market is segmented on following basis:
By Type:
- Safety Pen Needles
- Standard Pen Needles
By Needle Length:
- 12mm
- 10mm
- 8mm
- 6mm
- 5mm
- 4mm
By Therapy:
- Glucagon-like-Peptide-1 (GLP-1)
- Insulin
- Growth Hormone
By Mode of Purchase:
- Retail
- Non-retail
By Region:
· North America
- U.S
- Canada
- Mexico
· Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
· Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
· Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- Turkey
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
· What was the market size in 2017 and forecast from 2022 to 2027?
· What will be the industry market growth from 2022 to 2027?
· What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
· What are the major segments leading the market growth and why?
· Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
- Pen Needle Market, By Type, Estimates and Forecast, 2017-2027 ($Million)
- Standard Pen Needles
- Safety Pen Needles
- Pen Needle Market, By Needle Length, Estimates and Forecast, 2017-2027 ($Million)
- 4 mm
- 5 mm
- 6 mm
- 8 mm
- 10 mm
- 12 mm
- Pen Needle Market, By Therapy, Estimates and Forecast, 2017-2027 ($Million).
- Insulin
- Glucagon-like-peptide-1
- Growth Hormone
- Pen Needle Market, By Mode of Purchase, Estimates and Forecast, 2017-2027 ($Million).
- Retail
- Non Retail
- Pen Needle Market, By Region, Estimates and Forecast, 2017-2027 ($Million)
- North America
- North America Pen Needle Market, By Country
- North America Pen Needle Market, By Type
- North America Pen Needle Market, By Needle Length
- North America Pen Needle Market, By Therapy
- North America Pen Needle Market, By Mode of Purchase
- U.S. Pen Needle Market, By Type
- U.S. Pen Needle Market, By Needle Length
- U.S. Pen Needle Market, By Therapy
- U.S. Pen Needle Market, By Mode of Purchase
- Canada Pen Needle Market, By Type
- Canada Pen Needle Market, By Needle Length
- Canada Pen Needle Market, By Therapy
- Canada Pen Needle Market, By Mode of Purchase
- Mexico Pen Needle Market, By Type
- Mexico Pen Needle Market, By Needle Length
- Mexico Pen Needle Market, By Therapy
- Mexico Pen Needle Market, By Mode of Purchase
-
- Europe
- Europe Pen Needle Market, By Country
- Europe Pen Needle Market, By Type
- Europe Pen Needle Market, By Needle Length
- Europe Pen Needle Market, By Therapy
- Europe Pen Needle Market, By Mode of Purchase
- Germany Pen Needle Market, By Type
- Germany Pen Needle Market, By Needle Length
- Germany Pen Needle Market, By Therapy
- Germany Pen Needle Market, By Mode of Purchase
- France Pen Needle Market, By Type
- France Pen Needle Market, By Needle Length
- France Pen Needle Market, By Therapy
- France Pen Needle Market, By Mode of Purchase
- UK Pen Needle Market, By Type
- UK Pen Needle Market, By Needle Length
- UK Pen Needle Market, By Therapy
- UK Pen Needle Market, By Mode of Purchase
- Italy Pen Needle Market, By Type
- Italy Pen Needle Market, By Needle Length
- Italy Pen Needle Market, By Therapy
- Italy Pen Needle Market, By Mode of Purchase
- Spain Pen Needle Market, By Type
- Spain Pen Needle Market, By Needle Length
- Spain Pen Needle Market, By Therapy
- Spain Pen Needle Market, By Mode of Purchase
- Rest of Europe Pen Needle Market, By Type
- Rest of Europe Pen Needle Market, By Needle Length
- Rest of Europe Pen Needle Market, By Therapy
- Rest of Europe Pen Needle Market, By Mode of Purchase
-
- Asia-Pacific
- Asia-Pacific Pen Needle Market, By Country
- Asia-Pacific Pen Needle Market, By Type
- Asia-Pacific Pen Needle Market, By Type
- Asia-Pacific Pen Needle Market, By Needle Length
- Asia-Pacific Pen Needle Market, By Therapy
- Asia-Pacific Pen Needle Market, By Mode of Purchase
- Japan Pen Needle Market, By Product Type
- Japan Pen Needle Market, By Needle Length
- Japan Pen Needle Market, By Therapy
- Japan Pen Needle Market, By Mode of Purchase
- China Pen Needle Market, By Product Type
- China Pen Needle Market, By Needle Length
- China Pen Needle Market, By Therapy
- China Pen Needle Market, By Mode of Purchase
- Australia Pen Needle Market, By Product Type
- Australia Pen Needle Market, By Needle Length
- Australia Pen Needle Market, By Therapy
- Australia Pen Needle Market, By Mode of Purchase
- India Pen Needle Market, By Product Type
- India Pen Needle Market, By Needle Length
- India Pen Needle Market, By Therapy
- India Pen Needle Market, By Mode of Purchase
- South Korea Pen Needle Market, By Product Type
- South Korea Pen Needle Market, By Needle Length
- South Korea Pen Needle Market, By Therapy
- South Korea Pen Needle Market, By Mode of Purchase
- Rest of Asia-Pacific Pen Needle Market, By Type
- Rest of Asia-Pacific Pen Needle Market, By Needle Length
- Rest of Asia-Pacific Pen Needle Market, By Therapy
- Rest of Asia-Pacific Pen Needle Market, By Mode of Purchase
- Asia-Pacific
-
- Rest of the World
- Rest of the World Pen Needle Market, By Country
- Rest of the World Pen Needle Market, By Product Type
- Rest of the World Pen Needle Market, By Needle Length
- Rest of the World Pen Needle Market, By Therapy
- Rest of the World Pen Needle Market, By Mode of Purchase
- Brazil Pen Needle Market, By Type
- Brazil Pen Needle Market, By Needle Length
- Brazil Pen Needle Market, By Therapy
- Brazil Pen Needle Market, By Mode of Purchase
- South Africa Pen Needle Market, By Type
- South Africa Pen Needle Market, By Needle Length
- South Africa Pen Needle Market, By Therapy
- South Africa Pen Needle Market, By Mode of Purchase
- Saudi Arabia Pen Needle Market, By Type
- Saudi Arabia Pen Needle Market, By Needle Length
- Saudi Arabia Pen Needle Market, By Therapy
- Saudi Arabia Pen Needle Market, By Mode of Purchase
- Turkey Pen Needle Market, By Type
- Turkey Pen Needle Market, By Needle Length
- Turkey Pen Needle Market, By Therapy
- Turkey Pen Needle Market, By Mode of Purchase
- United Arab Emirates Pen Needle Market, By Type
- United Arab Emirates Pen Needle Market, By Needle Length
- United Arab Emirates Pen Needle Market, By Therapy
- United Arab Emirates Pen Needle Market, By Mode of Purchase
- OthersPen Needle Market, By Type
- Others Pen Needle Market, By Needle Length
- Others Pen Needle Market, By Therapy
- Others Pen Needle Market, By Mode of Purchase
- Rest of the World
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. High Occurrence of Diabetes
3.3.1.2. Increasing Obesity
3.3.1.3. Technological Advancements
3.3.2. Restraints
3.3.2.1. Availability of Alternative Drug Delivery Methods
3.3.3. Opportunities
3.3.3.1. Emerging Market toOffer Lucrative Growth Opportunities
3.4. Industry Trends
3.5. Reimbursement Scenario
4. Pen Needle Market, By Type
4.1. Introduction
4.2. Pen Needle Market Assessment and Forecast, By Type, 2017-2027
4.3. Standard Pen Needles
4.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.4. Safety Pen Needles
4.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5. Pen Needle Market, By Needle Length
5.1. Introduction
5.2. Pen Needle Market Assessment and Forecast, By Needle Length, 2017-2027
5.3. 4 mm
5.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.4. 5 mm
5.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.5. 6 mm
5.5.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.6. 8 mm
5.6.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.7. 10 mm
5.7.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.8. 10 mm
5.8.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6. Pen Needle Market, By Therapy
6.1. Introduction
6.2. Pen Needle Market Assessment and Forecast, By Therapy, 2017-2027
6.3. Insulin
6.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6.4. Glucagon-like-peptide-1
6.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6.5. Growth Hormone
6.5.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
7. Pen Needle Market , By Mode of Purchase
7.1. Introduction
7.2. Pen Needle Market Assessment and Forecast, By Mode of Purchase, 2017-2027
7.3. Retail
7.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
7.4. Non-Retail
7.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
8. Pen Needle Market , By Region
8.1. Introduction
8.2. Pen Needle Market Assessment and Forecast, By Region, 2017-2027 ($Million)
8.3. North America
8.3.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
8.3.2. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.3.3. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.3.4. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.3.5. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.3.5.1. U.S.
8.3.5.1.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.3.5.1.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.3.5.1.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.3.5.1.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.3.5.2. Canada
8.3.5.2.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.3.5.2.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.3.5.2.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.3.5.2.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.3.5.3. Mexico
8.3.5.3.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.3.5.3.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.3.5.3.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.3.5.3.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4. Europe
8.4.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
8.4.2. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.3. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.4. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4.5.1. Germany
8.4.5.1.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.5.1.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.5.1.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.1.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4.5.2. France
8.4.5.2.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.5.2.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.5.2.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.2.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4.5.3. UK
8.4.5.3.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.5.3.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.5.3.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.3.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4.5.4. Italy
8.4.5.4.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.5.4.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.5.4.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.4.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4.5.4.5. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.5. Spain
8.4.5.5.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.5.5.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.5.5.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.5.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4.5.6. Russia
8.4.5.6.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.5.6.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.5.6.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.6.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.4.5.7. Rest of Europe
8.4.5.7.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.4.5.7.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.4.5.7.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.4.5.7.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5. Asia-Pacific
8.5.1.1.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.1.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.1.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.1.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5.1.2. Japan
8.5.1.2.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.2.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.2.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.2.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5.1.3. China
8.5.1.3.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.3.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.3.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.3.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5.1.4. Australia
8.5.1.4.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.4.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.4.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.4.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5.1.5. India
8.5.1.5.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.5.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.5.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.5.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5.1.6. South Korea
8.5.1.6.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.6.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.6.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.6.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5.1.7. Taiwan
8.5.1.7.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.7.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.7.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.7.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.5.1.8. Rest of Asia-Pacific
8.5.1.8.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.5.1.8.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.5.1.8.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.5.1.8.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.6. Rest of the World
8.6.1.1.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.6.1.1.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.6.1.1.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.6.1.1.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.6.1.2. Brazil
8.6.1.2.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.6.1.2.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.6.1.2.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.6.1.2.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.6.1.3. Turkey
8.6.1.3.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.6.1.3.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.6.1.3.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.6.1.3.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.6.1.4. Saudi Arabia
8.6.1.4.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.6.1.4.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.6.1.4.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.6.1.4.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.6.1.5. South Africa
8.6.1.5.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.6.1.5.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.6.1.5.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.6.1.5.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.6.1.6. United Arab Emirates
8.6.1.6.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.6.1.6.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.6.1.6.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.6.1.6.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
8.6.1.7. Others
8.6.1.7.1. Market Assessment and Forecast, By Type, 2017-2027 ($Million)
8.6.1.7.2. Market Assessment and Forecast, By Needle Length, 2017-2027 ($Million)
8.6.1.7.3. Market Assessment and Forecast, By Therapy, 2017-2027 ($Million)
8.6.1.7.4. Market Assessment and Forecast, By Mode of Purchase, 2017-2027 ($Million)
9. Company Profiles
9.1.1. Becton, Dickinson and Company
9.1.2. Business Overview
9.1.3. Product Portfolio
9.1.4. Key Financials
9.1.5. Strategic Developments
9.2. Novo Nordisk A/S
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Key Financials
9.2.4. Strategic Developments
9.3. Ypsomed Holding AG
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Key Financials
9.3.4. Strategic Developments
9.4. Owen Mumford, Ltd.
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Key Financials
9.4.4. Strategic Developments
9.5. HTL-STREFA S.A.
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Key Financials
9.5.4. Strategic Developments
9.6. Braun Melsungen
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Key Financials
9.6.4. Strategic Developments
9.7. Terumo Corporation
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Key Financials
9.7.4. Strategic Developments
9.8. ltiMed, Inc.
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Key Financials
9.8.4. Strategic Developments
9.9. Allison Medical, Inc.
9.9.1. Business Overview
9.9.2. Product Portfolio
9.9.3. Key Financials
9.9.4. Strategic Developments
9.10. Artsana S.p.a.
9.10.1. Business Overview
9.10.2. Product Portfolio
9.10.3. Key Financials
9.10.4. Strategic Developments
List of Tables
Table 1.Global Pen Needle Market, By Type ($Million), 2017-2025
Table 2.Standard Pen Needles Market, By Region ($Million), 2017-2025
Table 3.Safety Pen NeedlesMarket, By Region ($Million), 2017-2025
Table 4.Global Pen Needle Market, By Needle Length ($Million), 2017-2025
Table 5.4mm NeedleMarket, By Region ($Million), 2017-2025
Table 6.5mm Needle Market, By Region ($Million), 2017-2025
Table 7.6 mm Needle Market, By Region ($Million), 2017-2025
Table 8.8 mm Needle Market, By Region ($Million), 2017-2025
Table 9.10 mm Needle Market, By Region ($Million), 2017-2025
Table 10.12 mm Needle Market, By Region ($Million), 2017-2025
Table 11.Global Pen Needle Market,By Therapy ($Million), 2017-2025
Table 12.Insulin Market, By Region ($Million), 2017-2025
Table 13.Glucagon-like-peptide-1 Market, By Region ($Million), 2017-2025
Table 14.Growth Hormone Market, By Region ($Million), 2017-2025
Table 15.Global Pen Needle Market, By Mode of Purchase ($Million), 2017-2025
Table 16.Retail Market, By Region ($Million), 2017-2025
Table 17.No-Retail Market, By Region ($Million), 2017-2025
Table 18.NorthAmerica Pen Needle Market, By Country, 2017-2025 ($Million)
Table 19.North America Pen Needle Market, By Type, 2017-2025 ($Million)
Table 20.North America Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table21.North America Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table22.North America Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table23.U.S. Pen Needle Market,By Type, 2017-2025 ($Million)
Table24.U.S. Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table25.U.S. Pen Needle Market,By Therapy, 2017-2025 ($Million)
Table26.U.S. Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table27.Canada Pen Needle Market, By Type, 2017-2025 ($Million)
Table 28.Canada Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table29.Canada Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 30.Canada Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table31.Mexico Pen Needle Market, By Type, 2017-2025 ($Million)
Table32.Mexico Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table33.Mexico Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table34.Mexico Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table35.Europe Pen Needle Market, By Country, 2017-2025 ($Million)
Table36.Europe Pen Needle Market, By Type, 2017-2025 ($Million)
Table37.Europe Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table38.Europe Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 39.Europe Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table40.Germany Pen Needle Market, By Type, 2017-2025 ($Million)
Table41.Germany Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table42.Germany Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 43 Germany Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table 44.France Pen Needle Market, By Type, 2017-2025 ($Million)
Table 45.France Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 46.France Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 47.France Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table 48.UK Pen Needle Market, By Type, 2017-2025 ($Million)
Table 49.UK Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 50.UK Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 51.UK Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table52.Italy Pen Needle Market, By Type, 2017-2025 ($Million)
Table53.Italy Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table54.Italy Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table55.Italy Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table56.Spain Pen Needle Market, By Type, 2017-2025 ($Million)
Table 57.Spain Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 58.Spain Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 59.Spain Pen Needle Market, By Mode of Purchase, 2017-2025 ($Million)
Table 60.Russia Pen Needle Market, By Type, 2017-2025 ($Million)
Table 61.Russia Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 62.Russia Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 63.Russia Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 64.Rest of Europe Pen Needle Market, By Type, 2017-2025 ($Million)
Table 65.Rest of Europe Pen Needle Market, By Needle Length , 2017-2025 ($Million)
Table 66.Rest of Europe Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 67.Rest of Europe Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 68.Asia-Pacific Diabetes Devices Market, By Country, 2017-2025 ($Million)
Table 69.Asia-Pacific Pen Needle Market, By Type, 2017-2025 ($Million)
Table 70.Asia-Pacific Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 71.Asia-Pacific Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 72.Asia-Pacific Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 73.Japan Pen Needle Market, By Type, 2017-2025 ($Million)
Table 74.Japan Pen Needle Market, By Needle Length , 2017-2025 ($Million)
Table 75.Japan Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 76.Japan Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 77.China Pen Needle Market, By Type, 2017-2025 ($Million)
Table 78.China Pen Needle Market, By Needle Length , 2017-2025 ($Million)
Table 79.China Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 80.China Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 81.Australia Pen Needle Market, By Type, 2017-2025 ($Million)
Table 82.Australia Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 83.Australia Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 84.Australia Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 85.India Pen Needle Market, By Type, 2017-2025 ($Million)
Table 86.India Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 87.India Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 88.India Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table89.South Korea Pen Needle Market, By Type, 2017-2025 ($Million)
Table90.South Korea Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 91.South Korea Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 92.Soth Korea Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 93.Taiwan Pen Needle Market, By Type, 2017-2025 ($Million)
Table 94.Taiwan Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 95.Taiwan Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 96.Taiwan Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 97 Rest of Asia-Pacific Pen Needle Market, By Type, 2017-2025 ($Million)
Table 98 Rest of Asia-Pacific Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 99.Rest of Asia-Pacific Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 100.Rest of Asia-Pacific Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 101.Rest of the World Diabetes Devices Market, By Country, 2017-2025 ($Million)
Table 102.Rest of the World Pen Needle Market, By Type, 2017-2025 ($Million)
Table 103.Rest of the World Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 104.Rest of the World Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 105.Rest of the World Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 106.Brazil Pen Needle Market, By Type, 2017-2025 ($Million)
Table 107.Brazil Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 108.Brazil Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 109.Brazil Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 110.urkey Pen Needle Market, By Type, 2017-2025 ($Million)
Table111.Turkey Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table112.Turkey Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 113.TurkeyPen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 114.Saudi Arabia Pen Needle Market, By Type, 2017-2025 ($Million)
Table 115.Saudi Arabia Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 116.Saudi Arabia Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 117.Saudi ArabiaPen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 118.South Africa Pen Needle Market, By Type, 2017-2025 ($Million)
Table 119.South Africa Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 120.South Africa Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 121.South AfricaPen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table 122.United Arab Emirates Pen Needle Market, By Type, 2017-2025 ($Million)
Table 123.United Arab Emirates Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table 124.United Arab Emirates Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 125.United Arab EmiratesPen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table126.Others Pen Needle Market, By Type, 2017-2025 ($Million)
Table127.Others Pen Needle Market, By Needle Length, 2017-2025 ($Million)
Table128.Others Pen Needle Market, By Therapy, 2017-2025 ($Million)
Table 129.Others Pen Needle Market, Mode of Purchase, 2017-2025 ($Million)
Table130.Becton, Dickinson and Company. Key Strategic Developments, 2017-2017
Table131.Novo Nordisk A/S.: Key Strategic Developments, 2017-2017
Table 132.Ypsomed Holding AG: Key Strategic Developments, 2017-2017
Table 133.Owen Mumford, Ltd.: Key Strategic Developments, 2017-2017
Table134.HTL-STREFA S.A.: Key Strategic Developments, 2017-2017
Table135.Braun Melsungen: Key Strategic Developments, 2017-2017
Table136.Terumo Corporation Key Strategic Developments, 2017-2017
Table137.UltiMed, Inc.: Key Strategic Developments, 2017-2017
Table138.Allison Medical, Inc.: Key Strategic Developments, 2017-2017
Table139.Artsana S.p.a.: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Pen Needle Market Share, By Type, 2017 & 2025
Figure 2.Pen Needle Market Share, By Needle Length, 2017& 2025
Figure 3.Pen Needle Market Share, By Therapy, 2017& 2025
Figure 4.Pen Needle Market Share, By Mode of Purchase, 2017& 2025
Figure 5.Pen Needle Market, By Region, 2017 ($Million)
Figure 6.Becton, Dickinson and Company: Net Revenues, 2017-2017 ($Million)
Figure 7.Becton, Dickinson and Company: Net Revenue Share, By Segment, 2017
Figure 8.Becton, Dickinson and Company: Net Revenue Share, By Geography, 2017
Figure 9.Novo Nordisk A/S: Net Revenues, 2017-2017 ($Million)
Figure 10.Novo Nordisk A/S: Net Revenue Share, By Segment, 2017
Figure 11.Novo Nordisk A/S: Net Revenue Share, By Geography, 2017
Figure 12.Ypsomed Holding AG: Net Revenues, 2017-2017 ($Million)
Figure 13.Ypsomed Holding AG: Net Revenue Share, By Segment, 2017
Figure 14.Ypsomed Holding AG: Net Revenue Share, By Geography, 2017
Figure 15.Becton, Dickinson and Company: Net Revenues, 2017-2017 ($Million)
Figure 16.Becton, Dickinson and Company: Net Revenue Share, By Segment, 2017
Figure17.Becton, Dickinson and Company: Net Revenue Share, By Geography, 2017
Figure18.HTL-STREFA S.A.: Net Revenues, 2017-2017 ($Million)
Figure 19.HTL-STREFA S.A.: Net Revenue Share, By Segment, 2017
Figure20.HTL-STREFA S.A.: Net Revenue Share, By Geography, 2017
Figure21.Braun Melsungen: Net Revenues, 2017-2017 ($Million)
Figure 22.Braun Melsungen: Net Revenue Share, By Segment, 2017
Figure23.Braun Melsungen: Net Revenue Share, By Geography, 2017
Figure 24.Terumo Corporation: Net Revenues, 2017-2017 ($Million)
Figure 25.Terumo Corporation: Net Revenue Share, By Segment, 2017
Figure 26.Terumo Corporation: Net Revenue Share, By Geography, 2017
Figure 27.UltiMed, Inc.: Net Revenues, 2017-2017 ($Million)
Figure 28.UltiMed, Inc.: Net Revenue Share, By Segment, 2017
Figure 29 UltiMed, Inc.: Net Revenue Share, By Geography, 2017
Figure 30.Tandem Diabetes Care, Inc.: Net Revenues, 2017-2017 ($Million)
Figure 31.Tandem Diabetes Care, Inc.: Net Revenue Share, By Segment, 2017
Figure 32.Tandem Diabetes Care, Inc.: Net Revenue Share, By Geography, 2017
Figure 33.Allison Medical, Inc.: Net Revenues, 2017-2017 ($Million)
Figure 34.Allison Medical, Inc.: Net Revenue Share, By Segment, 2017
Figure 35.Allison Medical, Inc.: Net Revenue Share, By Geography, 2017
Figure 36.Artsana S.p.a.: Net Revenues, 2017-2017 ($Million)
Figure 37.Artsana S.p.a.: Net Revenue Share, By Segment, 2017
Figure38.Artsana S.p.a.: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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