Pen Needles Market: Empowering Diabetic Care through Innovation and Accessibility"

The global pen needles market was valued at USD 1.5 billion in 2015, which is projected to grow at a CAGR of more than 13.0% during the forecast period.

According to the WHO, in 2014, 422 million people had diabetes and it is estimated that it would be the 7th leading cause of death in 2030.

Co. UK, obesity accounts for 80% to 85% chances of developing type 2 diabetes.

Short length pen needles can be easily used by everyone including overweight, children, and the patient with phobia of needles.

For instance, in 2014, Novo Nordisk made NovoFine Plus, the thinnest and shortest needle commercially available in the U.S.

It does not offer resistance while injecting and provides greater comfort as compared to other injections.

Pen Needle market manufacturers have developed needles to minimize pain and help to reduce skin trauma, majorly by innovating needle length and diameter, to maintain a sufficient inner lumen was the major challenge for needle manufacturers by maintaining acceptable low injection force.

To maintain sufficient inner lumen manufacturer made thin needle walls, which reduced the needles robustness and increased chances of needles tip damage during administration, re-usage and during cap removal or handling.Pen needles are used in pen devices to deliver injectable drug in diabetes and growth hormone deficiency to maintain blood sugar level.

The World Health Organization and international diabetes federation has projected more than 50% rise in number of diabetes patients by 2045.

Also, United Nation and World Health Organization has projected more than 100% rise in geriatric population in the globe, this rise will lead the global pen needles market.Asia-Pacific pen needles market is projected to register a healthy CAGR in the forecast period 2019 to 2026.This Asia-Pacific Pen Needles Market research report intensely analyses the potential of the market with respect to current scenario and the future prospects by considering several industry aspects of Cardinal Health industry.

The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market.

This Asia-Pacific Pen Needles Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in Healthcare industry.

The global insulin pen needles market is estimated to witness a significant growth in forthcoming years, says TMR.

In order increase their global reach, firms are investing heavily in the research and development activities.

The firms leading in the global pen needle market are Dickinson and Company, Becton, Novo Nordisk A/S, Ypsomed Holding AG, Ultimed, Inc., Artsana S.P.A., B. Braun Melsungen, Allison Medical, Inc., Terumo Corporation, Owen Mumford, Ltd., and Htl-Strefa S.A.

As per Transparency Market Research the global market of insulin pen needles is likely to expand at a steady CAGR of 8.0% during 2017 to 2026.

Request Brochure –https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=34937On the basis of application type, the segment of type II diabetes is foreseen to experience a strong rise as per the revenue, holding a value of more than US$ 1,000 mn by the end of forecast period.

Organizations in the medical sectors are primarily concentrating on creating therapeutic gadgets, for example, 'Timesulin', which is insulin pens that enables the patients to manage dose measurements through pumps.

Million Insights Market Research Released A New Research Report On Global Pen Needles Market - Forecast Up To 2025.

Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Co. UK, obesity accounts for 80% to 85% chances of developing type 2 diabetes.

The market players are majorly focusing on developing new products with respect to the length of the needle.

Short length pen needles can be easily used by everyone including overweight, children, and the patient with phobia of needles.

For instance, in 2014, Novo Nordisk made NovoFine Plus, the thinnest and shortest needle commercially available in the U.S.Pen needles when used in conjunction with insulin pens provide easy and convenient drug delivery process when compared to the traditional method of syringes and vials.

The Global Pen Needles Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the pen needles market.

The attractiveness analysis of this market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Browse the complete Global Pen Needles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/7656-pen-needles-market-reportThe report also covers the complete competitive landscape of the global Pen Needles market with company profiles of key players such as:Allison Medical, Inc.Artsana S.P.A.B.

Braun MelsungenBecton, Dickinson and CompanyHTL-Strefa S.A.Novo Nordisk A/SOwen Mumford, Ltd.Terumo CorporationUltimed, Inc.Ypsomed Holding AGSEGMENTATIONS IN REPORT:Pen Needles Market Analysis by Type:Standard Pen NeedlesSafety Pen NeedlesPen Needles Market Analysis by Needle Length:4mm5mm6mm8mm10mm12mmPen Needles Market Analysis by Therapy:InsulinGLP-1Growth HormonesPen Needles Market Analysis by Mode of Purchase:RetailNon-RetailPen Needles Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Pen Needles Market @ https://www.decisiondatabases.com/contact/download-sample-7656The Global Pen Needles Market has been exhibited in detail in the following chapters –Chapter 1 Pen Needles Market PrefaceChapter 2 Executive SummaryChapter 3 Pen Needles Industry AnalysisChapter 4 Pen Needles Market Value Chain AnalysisChapter 5 Pen Needles Market Analysis By TypeChapter 6 Pen Needles Market Analysis By Needle LengthChapter 7 Pen Needles Market Analysis By TherapyChapter 8 Pen Needles Market Analysis By Mode of PurchaseChapter 9 Pen Needles Market Analysis By GeographyChapter 10 Competitive Landscape Of Pen Needles CompaniesChapter 11 Company Profiles Of Pen Needles IndustryPurchase the complete Global Pen Needles Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-7656Other Reports by DecisionDatabases.com:Global Hypodermic Needles And Syringes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Surgical Needle Holders Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Needle Free Injection Device Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

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Pen needles, as compared to traditional syringes and vials, provide a convenient, easier and more accurate dosage.

Such needles do not require to be pushed through the rubber vial stopper and thus tend to retain their sharpness and lubrication.

Such needles, on account of accidental strokes, possess a high risk of secondary infections, which can be reduced by the use of pen needles.

Thus, this market possesses a lucrative potential.Insulin pens are the most convenient and fastest mode of injecting drug delivery.

Pen needles are highly demanded in conjunction with growing need for insulin pens for people suffering from diabetes.

These devices used with insulin pens help in delivering the dosage of the drug to the patient.Request Exclusive Free Sample of Pen Needles Market Report @ https://dataintelo.com/request-sample/?reportId=551Insulin pens coupled with needles are considered as an improved alternative drug delivery process in comparison to syringes and vials.

28 January 2020 - The Global Pen Needles Market was valued at USD 1.5 billion in 2015, which is projected to grow at a CAGR of more than 13.0% during the forecast period.

According to the WHO, in 2014, 422 million people had diabetes and it is estimated that it would be the 7th leading cause of death in 2030.

Co. UK, obesity accounts for 80% to 85% chances of developing type 2 diabetes.

Excess abdominal fat, increases the chances of having this type of disorder.Pen needles helps in easy delivery of drug to the patient.

Short length pen needles can be easily used by everyone including overweight, children, and the patient with phobia of needles.

For instance, in 2014, Novo Nordisk made NovoFine Plus, the thinnest and shortest needle commercially available in the U.S.Pen needles when used in conjunction with insulin pens provide easy and convenient drug delivery process when compared to the traditional method of syringes and vials.

Emergen Research’s latest document, titled ‘Global Diabetic Care Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Diabetic Care market.

The report’s authors have offered necessary details on the latest Diabetic Care market trends and the crucial parameters impacting both short-term and long-term market growth.

Its panoramic view of the Diabetic Care industry entails useful insights into the estimated Diabetic Care market size, revenue share, and sales & distribution networks.The global Diabetic Care Market will be worth USD 41.71 billion by 2027, according to a current analysis by Emergen Research.

There has been a potential increase within the incidents of polygenic disease on a global scale, as a result of the rising level of inactive lifestyles and obesity in the global population.

The submarkets like analogues and human insulin are likely to keep up dominance throughout the global diabetic treatment market.Market Drivers:The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years.

The report studies the extensive business expansion plans and advancements in R activities and product portfolio.