Pen Needles Market Scope, Analysis, and Trends by 2031
Pen Needles Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.33 Billion |
Market Size by 2031 | US$ 5.40 Billion |
Global CAGR (2023 - 2031) | 11.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Pen Needles Market News and Recent Developments
The pen needles market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the pen needles market are listed below:
- The U.S. Food and Drug Administration (FDA) approved Mounjaro (tirzepatide) injection, Eli Lilly and Company's new once-weekly GIP (glucose-dependent insulinotropic polypeptide) and GLP-1 (glucagon-like peptide-1) receptor agonist indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes. (Source: Eli Lilly and Company, Press Release, May 2022)
Pen Needles Market Report Coverage and Deliverables
The “Pen Needles Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Pen needles market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Pen needles market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Pen needles market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the pen needles market
- Detailed company profiles