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Monday, May 1, 2023

Standard pen needles is expected to remain the largest segment in the global pen needle market

An exciting new study from the team of Lucintel found that pen needle market is expected to reach $6.2 billion by 2028 with a CAGR of 12.0%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/pen-needle-market.aspx.

The pen needle market is segmented based on product, therapy, and region. In this market, standard pen needle is expected to remain the largest product, and insulin segment is expected to remain the largest therapy. Players can benefit from the available opportunities like increasing health expenditure and rising prevalence of the diabetes in this region.

Novo Nordisk, Becton Dickinson and Company, Terumo Corp, Owen Mumford, Ypsomed, B. Braun Melsungen, HTL-STREFA, UltiMed, Allison Medical, and Artsana S.p.A are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/pen-needle-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the pen needle market by product (standard pen needles and safety pen needles), therapy (insulin, glucagon-like-peptide-1, and growth hormone therapy), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the pen needle market?

Q.4 What are some changing demands of customers in the pen needle market?

Q.5 What are the new developments in the pen needle market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this pen needle area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this pen needle market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: 
roy.almaguer@lucintel.com
Tel. 972.636.5056

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