According to The Insight Partners market research study titled ‘Pen Needles Market to 2025 – Global Analysis and Forecasts by Type, Therapy, and Length the global pen needles market was valued at US$ 1,603.8 Mn in 2017 and is estimated to reach US$ 2,280.6 Mn by 2025. The report highlights the trends prevalent in the global pen needles market and the factors driving the market along with those that act as deterrents to its growth. The rising number of patients suffering with diabetes and adoption of injection pens over traditional syringes and vials is expected to increase the demand for pen needles over the forecast period. However, the high penetration of alternate drug delivery devices is expected to restrict the market growth.
The key players operating in the field of pen needles worldwide include BD, Novo Nordisk A/S, YPSOMED AG, B. Braun Melsungen AG, Owen Mumford, Ltd., HTL-Strefa S.A., Ultimed, Inc., Terumo Corporation, Allison Medical, Inc., and Artsana S.p.A. among others.
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What questions does the Pen Needles Market report answer about theregional reach of the industry
The report claims to split the regional scope of the Pen Needles Marketinto North America, Europe, Asia-Pacific, South America & Middle East and
Africa. Which among these regions has been touted to amass the largest market
share over the anticipated duration
· How do the sales figureslook at present How does the sales scenario look for the future
· Considering the presentscenario, how much revenue will each region attain by the end of the forecast
period
· How much is the marketshare that each of these regions has accumulated presently How much is the growth rate that each topography will depict over thepredicted timeline
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