The market crossed US$ 38.0 billion mark in 2022 and is expected to hit US$ 58.0 billion by 2030, recording a CAGR of 7.5% during the forecast period.
The Injection pen Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Injection pen market growth.
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Key Players:
- Novo Nordisk A/S
- F.Hoffman-La-Roche
- Astrazeneca
- Eli Lilly and Company
- Novartis AG (Sanofi)
- Pfizer Inc.
- Merck KGaA
- Wilhelm Haselmeier GmbH & Co. KG
- Biocon Ltd
- Companion Medical
- SHL Medical AG
The injection pen market has been significantly growing with the increasing prevalence of chronic diseases
Additionally, the rise in reimbursement policies and further government support heighten the market’s overall growth. Further, the growing number of regulatory approvals from the medical authorities is expected to generate profitable opportunities for the market.
Within the report, the market is segmented into product, application, end-user, and geography. By product, the market is bifurcated into disposable and reusable. By application, the market is categorized into diabetes, growth hormone therapy, osteoporosis, fertility, and other therapies. Based on end-user, the market is bifurcated into hospitals and home care. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
In this report, the market has been segmented on the basis of:
- Product:
- Disposable
- Re-usable
- Application:
- Diabetes
- Growth hormone therapy
- Osteoporosis
- Fertility
- Other therapies
- End User:
- Hospitals
- Home care
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
Surge in Chronic diseases is one of the major factors accelerating market growth.
The prevalence of chronic disorders has been increasing rapidly in the past few years. Several disorders, such as diabetes, osteoporosis, cardiovascular disease (CVD), and multiple sclerosis, need every day or weekly injectable drug administration. Injection pens represent the new standard for injectable drug delivery systems. Their popularity has ascended attributable to their ease, dependability, and capability to be administered directly by the patient without the help of a healthcare professional. Therefore, the increasing prevalence of chronic diseases has led to a greater focus on injection pen technologies to effectively handle the rising patient population and increase patient compliance with therapies.
Companies Profiled in this report includes:
The report offers in-depth assessment of the growth and other aspects of the Injection pen market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
Injection pen Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.
Major Key Points of Injection pen Market
- Injection pen Market Overview
- Injection pen Market Competition
- Injection pen Market, Revenue and Price Trend
- Injection pen Market Analysis by Application
- Company Profiles and Key Figures in Injection pen Market
- Market Dynamics
- Methodology and Data Source
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape Injection pen market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
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