| Title | Pen Needles Industry worth $2.5 billion by 2028, with a CAGR of 9.1% |
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| URL | https://www.marketsandmarketsblog.com/pen-needles-industry-worth-2-5-billion-by-2028-with-a-cagr-of-9-1.html |
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| Category | Fitness Health --> Health Articles |
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| Meta Keywords | Pen Needles Industry, Pen Needles Industry Size, Pen Needles Industry Trends |
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| Meta Description | North America dominates the pen needles market. The North American region is gaining traction with the increasing incidence and prevalence of chronic diseases. |
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| Owner | Healthcare101 |
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| Description |
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| The global pen needles market in terms of revenue was estimated to be worth $1.6 billion in 2023 and is poised to reach $2.5 billion by 2028, growing at a CAGR of 9.1% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market.
Various factors such as the increasing shift of therapy to home settings, growing preference for biosimilar drugs, and emerging markets are likely to accelerate the growth of the market. Moreover, the presence of well-established key players focusing on improving the awareness regarding insulin delivery devices and their home use are likely to propel the market growth during the forecast period. |
