Pen Needles Market Analysis
Report ID: GMI7247
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Published Date: November 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2022
Companies covered: 12
Tables & Figures: 469
Countries covered: 22
Pages: 220
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Pen Needles Market Analysis
The market by product is categorized into standard pen needles and safety pen needles. The standard pen needles segment garnered around USD 1.8 billion revenue in 2022.
Based on application, the pen needles market is segmented into insulin, glucagon-like-peptide-1 (GLP-1), growth hormone, and other applications. The insulin segment accounted for over 82% business share in 2022 and is anticipated to witness significant growth during the forecast period.
Based on length, the pen needles market is segmented into 4 mm, 5 mm, 6 mm, 8 mm, 10 mm, and 12 mm. The 8 mm segment accounted for over 29% business share in 2022.
The pen needles market by distribution channel is categorized into hospital pharmacies, retail pharmacies, and online channels. The retail pharmacies segment accounted for around USD 1.2 billion revenue size in 2022.
Based on end-use, the pen needles market is segmented into hospitals and clinics, home care settings, and other end-use. The home care settings segment dominated the market and is anticipated to reach around USD 3 billion by 2032.
North America pen needles market accounted for over USD 875 million revenue in 2022 and is predicted to witness substantial market growth over the analysis timeline.