Global Diabetes Injection Pens Market: Industry Analysis, Trends, Market Size and Forecasts up to 2024 – ResearchAndMarkets.com

The “Diabetes
Injection Pens Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s
offering.

The report on global diabetes injection pens market provides qualitative
and quantitative analysis for the period of 2016 to 2024. The report
predicts the global diabetes injection pens market to grow with a CAGR
of 8.3% over the forecast period of 2018-2024.

Insulin Pen Needles are used in conjunction with an Insulin pen for the
injection of insulin. They come in a variety of needle lengths and
diameters and are individually wrapped to keep them sterile. Diabetic
Insulin pens resemble that of a pen one uses to write. Their working is
similar to that of insulin syringes.

They come in both reusable and disposable versions. Reusable models use
a cartridge filled with insulin. Disposable pens come pre-filled with
insulin. Major advantages of using an insulin pen include memory storage
and being easy & convenient to use.

The increasing demand for next generation insulin pens/intelligent pens
is driving the diabetes injection pen market; intelligent pens are the
most common and preferred for insulin injecting. These pens are simple
to use and come in both disposable and reusable versions.

North America accounted for the largest market share in 2017, followed
by Europe. Presence of major medical devices companies and presence of
specialty clinics for diabetics’ management in these two regions have
driven the growth in these regions over the past couple of years.
Furthermore, increased awareness about diabetes self-management
education would also augment market growth.

The Asia-Pacific region is projected to grow at a swifter rate compared
to other regions, on the backdrop of propelling per capita healthcare
expenditure, growing healthcare infrastructure and rising awareness
level about the usage of injection pens in the primary markets of
Asia-Pacific such as India, China and South East Asian countries.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/k5f4mc/global_diabetes?w=44

View source version on businesswire.com: https://www.businesswire.com/news/home/20180713005440/en/

Leave a Comment