European Pen Needle Market Size, Share, Future Prospects and Forecast 2020-2026

The European pen needle market is anticipated to grow at a CAGR of 7.7% during the forecast period. The lucrative growth of the region is attributed to the presence of key players such as B. Braun Melsungen AG, Novo Nordisk A/S, Smiths Group Plc., and Vygon SA, which are pioneers in innovation, design, and manufacture of pen needles. Additionally, easy availability of pen needle across the region also aid to the growing shares of the market.

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Furthermore, a rise in cases of needlestick injuries in the region is another major factor that fuels the demand for pen needles. For instance, according to the European Parliament, more than one million needlestick injuries are reported every year in Europe. Moreover, the surge in awareness related to the damage caused by needlestick injuries propels the growth of this market.

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European Pen Needle Market Segmentation

By Type

  • Standard Pen Needles
  • Safety Pen Needles

By Therapy

  • Insulin
  • GLP-1
  • Growth Hormones

By Mode of Purchase

  • Retail
  • Non-Retail

Regional Analysis

  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Company Profiles

  • B. Braun Melsungen AG
  • BIOCORP Production
  • Ipsen Pharma
  • Matzmedical
  • Novo Nordisk A/S
  • Owen Mumford, Ltd.,
  • Smiths Group Plc.,
  • Spirit Healthcare Ltd.
  • Vygon SA
  • Ypsomed AG

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