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Insulin Pen Needles - Global Market Trajectory & Analytics

  • ID: 5309890
  • Report
  • April 2021
  • Region: Global
  • 274 pages
  • Global Industry Analysts, Inc
Global Insulin Pen Needles Market to Reach $3.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Insulin Pen Needles estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 6.7% over the period 2020-2027. Standard Insulin Pen Needles, one of the segments analyzed in the report, is projected to record 6.3% CAGR and reach US$2.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Safety-Engineered Insulin Pen Needles segment is readjusted to a revised 7.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $579.7 Million, While China is Forecast to Grow at 10.2% CAGR

The Insulin Pen Needles market in the U.S. is estimated at US$579.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$732.4 Million by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Select Competitors (Total 43 Featured):
  • Becton, Dickinson & Company
  • Htl-Strefa S.A.
  • MedExel Co., Ltd.
  • Novo Nordisk, Inc.
  • Owen Mumford Ltd.
  • Vogt Medical Vertrieb GmbH
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 43
Note: Product cover images may vary from those shown
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