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(Wireless-NewsWire.Com, April 06, 2018 ) Pen Needles are the attachments to the insulin pen injectors and are used for insulin delivery. These needles are manufactured for one time use and need to be disposed after every use. These devices are available in various lengths and gauge sizes for different patient requirements. Insulin pens are most commonly used devices for insulin delivery with high adoption rates in the developed regions.
Increasing prevalence of diabetes, technological advancements in safety pen needles, rising adoption of insulin pens, and decreasing re-usage rate of pen needles are likely to aid the growth of market during the forecast period. Regulations limiting the re-use of insulin pens and pen needles in the US and Europe are expected to add new opportunities for this market in the coming years.
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The “Global Pen Needles Market Analysis to 2025” is a specialized and in-depth study of the pen needles industry with a focus on the global market trend. The report aims to provide an overview of global pen needles market with detailed market segmentation by type, therapy, length, and geography. The global pen needles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global pen needles market based on type, therapy, and length. It also provides market size and forecast till 2025 for overall pen needles market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The report also includes the profiles of key pen needles manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Novo Nordisk A/S, Becton, Dickinson and Company, Ypsomed Holding AG, Owen Mumford, Ltd., HTL-Strefa S.A., B. Braun Melsungen, Ultimed, Inc. (LDI, Ltd.), Terumo Corporation, Allison Medical, Inc., and Artsana S.P.A. among others.
List of Companies
1. Novo Nordisk A/S
2. Becton, Dickinson and Company
3. Ypsomed Holding AG
4. Owen Mumford, Ltd.
5. HTL-Strefa S.A.
6. B. Braun Melsungen
7. Ultimed, Inc. (LDI, Ltd.)
8. Terumo Corporation
9. Allison Medical, Inc.
10. Artsana S.P.A.
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