Insulin Pen Needles Market Trends Implemented by Top Manufacturers Nevro, Terumo, Owen Mumford, Allison Medical, Cambridge Sensors
Global Insulin Pen Needles Market 2020 Industry research report an insulin pen is used to inject insulin for the treatment of diabetes. Insulin is a hormone produced by the pancreas. It is composed of an insulin cartridge (integrated or bought separately) and a dial to measure the dose, and is used with disposable pen needles to deliver the dose.
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Key players profiled in the report includes: BD, Novo Nordisk A/S, Ypsomed Holding AG B. Braun Melsungen AG, HTL-STREFA S.A., Nevro Corporation, Terumo Corporation, Owen Mumford, Allison Medical, Cambridge Sensors Ltd.
Some of the key factors driving the insulin pen needles market include increasing prevalence of diabetes, introduction of technologically advanced products, rise in awareness among the diabetic population for easy delivery of drugs, and inclination toward minimally invasive procedures. However, preference for alternative modes of drug delivery is the major challenge which may hinder the growth of the global market.
The regional analysis provided in the research study offers a complete study on the growth of the global Insulin Pen Needles market in different regions and countries. Readers are also provided with comprehensive competitive analysis, which includes detailed profiling of leading players operating in the global Insulin Pen Needles market. The report provides accurate data and insights related to the global Insulin Pen Needles market, which include CAGR, value, volume, consumption, production growth rate, and revenue.
No. of Pages 121
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Target Audience:
- Insulin Pen Needles Manufacturers
- Traders, Importers, and Exporters
- Raw Material Suppliers and Distributors
- Research and Consulting Firms
- Government and Research Organizations
- Associations and Industry Bodies.
Region wise, it is analyzed across North America, Europe, Asia-Pacific, South America, and MEA.
On the basis of type, the market is split into:
- Standard Pen Needles
- Safety Pen Needles
- Others
On the basis of length, the market is split into:
- 4mm
- 5mm
- 6mm
- Others
On the basis of application, the market is split into:
- Homecare Setting
- Hospitals & Clinics
- Other Applications.
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Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, research and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production trends were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIP), which typically include:
- Manufacturers
- Suppliers
- Distributors
- Government Body & Associations
- Research Institutes.
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