A pen needle comprises of an empty needle which is inserted in a plastic hub and connects to infusion pens. Pen needles arrive in an variety of needle lengths and diameters across and are utilized by health experts and patients for infusion of various drugs. They are ordinarily utilized by individuals with diabetes who frequently require multiple insulin infusions daily.
Growing annual health care expenditure, increasing public & private organizations involvement towards the diabetes awareness programs, and rising demand for advanced insulin delivery devices are driving the growth of Middle East & Africa pen needles market.
Market Segmentation: On the basis of Therapy Insulin Therapy GLP-1 Therapy Growth Hormone Therapy On the basis of Type Standard Needles Safety Needles On the basis of Needle Length 4mm 6mm 8mm 10mm 12mm
On the basis of Mode of Purchase Retail Non-retail
Becton, Dickinson and Company, Novo Nordisk A/S, and Ypsomed Holding AG are the major players accounting for major share of the pen needles market in 2016. Other players include UltiMed, Inc., Allison Medical, Inc., Owen Mumford, Ltd., B. Braun Melsungen, Artsana S.p.a., HTL-STREFA S.A. ,and Terumo Corporation among others.
The Middle east and Africa Pen Needles market study offers the following deliverables: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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