Global Injection Pen Market By Type (Disposable Injection Pen, Reusable Injection Pen), Therapy (Diabetes, Growth Hormone Therapy, Osteoporosis, Fertility, Other Therapies), End Use (Hospitals & Clinics, Home Care), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry trends & Forecast to 2027
Market Analysis and Insights: Global Injection Pen Market
Injection pen market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 64.15 billion by 2027 growing at a CAGR of 6.87% in the above-mentioned forecast period. The growth of the injection pen market is due to increasing occurrence of diseases such as diabetes and arthritis will fuel the growth of the market.
The increasing prevalence of chronic diseases is expected to raise the growth of the injection pen market in the forecast period of 2020-2027. Rise in the reimbursement policies and further support of the government will acts as a factor growth in the market. Increasing number of regulatory approval from the medical authorities will surge the market growth of injection pens. On the other hand, increasing expiry of biologics will further create new opportunities for the growth of the injection pens market in the forecast period 2020-2027.
Injection pens market report provides details of market share, new developments, product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions and technological innovations in the injection pens market. To understand the analysis and the injection pens market scenario contact us for an Analyst Brief our team will help you create a revenue impact solution to achieve your desired goal.
Global Injection Pens Market Scope and Market Size
Injection pens market is segmented of the basis of type, therapy and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the global injection pen market is segmented into disposable injection pen and reusable injection pen. Disposable injection pens will hold the largest market share due to the benefits provide such as portability, easy to use and low possibility of infection.
- Injection pen market has also been segmented based on the therapy into diabetes, growth hormone therapy, osteoporosis, fertility, other therapies. Diabetes are further segmented into insulin and glucagon-like peptide-1. Other therapies are further segmented into multiple sclerosis, cardiovascular diseases, migraines, rheumatoid arthritis, obesity, Crohn's disease, and cancer. Diabetes will hold the largest share in the market due to the increasing number of people suffering from diabetes across the globe.
- On the basis on end-use, the injection pen market is segmented into home care and hospitals and clinics. Home care segment holds the largest share in the market due to the increasing demand of the self-administration drug delivery device and growing prevalence of chronic diseases.
Injection Pens Market Country Level Analysis
Injection pen market is analysed and market size insights and trends are provided by country, type, therapy and end use as referenced above.
The countries covered in the injection pen market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the large market share of U.S. in the injection pen market due to the high occurrence of diabetes and favourable reimbursement policies while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period 2020 to 2027 because of rising population and adoption of advanced technology while improving the healthcare infrastructure.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Injection pen market report also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for injection pen market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the injection pen market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Injection Pen Market Share Analysis
Injection pen market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to injection pen market.
The major players covered in the injection pen market report are Novo Nordisk A/S, Sanofi, Eli Lilly and Company, Merck & Co., Inc., Ypsomed India Private Ltd, AstraZeneca, F. Hoffmann-La Roche Ltd, BD, Owen Mumford, Pfizer Inc., Haselmeier, WOCKHARDT, DuPont., Companion Medical, Montméd, STAT Medical Devices, DIAMESCO Co.,Ltd., Emperra GmbH E-Health Technologies, among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Injection Pen Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.