Pen needles are used to deliver the medication in combination with injection pens
A pen needle comprises of hollow needle attached to injection pen. Pen needles are available with varied needle lengths and are majorly utilized by diabetes patients.
(EMAILWIRE.COM, May 26, 2017 ) As per the syndicated report published by Market Data Forecast, Europe Pen Needles Market which is estimated to be USD 0.54 billion in 2016 and expected to grow at a CAGR of 10.0%, to reach USD 0.87 billion by 2021 with a cumulative growth rate of USD 0.33 billion in the span of five years. It can attributed to the factors such as growing rate of diabetic patients, existence of favourable regulatory policies to reduce needle stick injuries, increasing government focus on the utilization of safety devices, growing funding resources for diabetes care & research in the U.K., and presence of favourable reimbursement policies in Germany.
For Full Report refer to: http://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/
In addition, increasing number of aging population & availability of high insurance in France, growing number of diabetes awareness programs in Italy, and existence of regulations that mandate the utilization of safety pen needles & presence of huge diabetic population in Spain are further driving the growth of the market in Europe. However, lack of awareness on the pen needles utilization and presence of uncertain reimbursement policies across Europe are restraining the growth of pen needles market in Europe.
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Sterile, single-use pen needles are intended to be used with a pen injector device for the subcutaneous injection of insulin. They are commonly used by people with diabetes who often require multiple daily insulin injections. Insulin pen needles and syringes are the most commonly used device by diabetics for injecting insulin. Although injecting with the use of syringe is still the most predominant method, more people are seeing the benefits of using insulin pen device and diabetic pen needles. Pen needles used to be long and sharp. Thanks to advancements in technology, they are now small, thin and often painless. Universal pen needles fit almost all brands of pen.
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Europe Pen Needles Market is segmented based on therapy, type, needle length and mode of purchase below for obtaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Therapy
Insulin Therapy
GLP-1 Therapy
Growth Hormone Therapy
Type
Standard Needle
Safety Needle
Needle Length
4mm
6mm
8mm
10mm
12mm
Mode of Purchase
Retail
Non-Retail
Inquire before buying: http://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/inquire
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). Germany is estimated to account for the largest share of the Europe pen needles market in 2016, whereas France is estimated to grow at the highest CAGR during the forecast period 2016-2021.
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Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), and Ypsomed Holding AG (Switzerland) are the major players accounting for major share of the Europe pen needles market in 2016. Other players include UltiMed, Inc. (U.S.), Allison Medical, Inc. (U.S.), Owen Mumford, Ltd. (U.K.), B. Braun Melsungen (Germany), Artsana S.p.a. (Italy), HTL-STREFA S.A. (Poland), and Terumo Corporation (Japan), among others.
The Pen Needles market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
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
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Europe Medical Devices Segment:
Europe Cardiac Assist Devices Market: http://www.marketdataforecast.com/market-reports/europe-cardiac-assist-devices-market-30/
Europe Ablation Technologies Market: http://www.marketdataforecast.com/market-reports/europe-ablation-technologies-market-2192/
Europe Endoscopy Devices Market: http://www.marketdataforecast.com/market-reports/europe-endoscopy-devices-market-723/
About us:
The publisher of this report Market Data Forecast is well known for the services they render in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options.
For more info kindly visit, www.marketdataforecast.com
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
For Full Report refer to: http://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/
In addition, increasing number of aging population & availability of high insurance in France, growing number of diabetes awareness programs in Italy, and existence of regulations that mandate the utilization of safety pen needles & presence of huge diabetic population in Spain are further driving the growth of the market in Europe. However, lack of awareness on the pen needles utilization and presence of uncertain reimbursement policies across Europe are restraining the growth of pen needles market in Europe.
Request free sample: http://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/request-sample
Sterile, single-use pen needles are intended to be used with a pen injector device for the subcutaneous injection of insulin. They are commonly used by people with diabetes who often require multiple daily insulin injections. Insulin pen needles and syringes are the most commonly used device by diabetics for injecting insulin. Although injecting with the use of syringe is still the most predominant method, more people are seeing the benefits of using insulin pen device and diabetic pen needles. Pen needles used to be long and sharp. Thanks to advancements in technology, they are now small, thin and often painless. Universal pen needles fit almost all brands of pen.
Buy now: http://www.marketdataforecast.com/cart/buy-now/europe-pen-needles-market-179
Europe Pen Needles Market is segmented based on therapy, type, needle length and mode of purchase below for obtaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Therapy
Insulin Therapy
GLP-1 Therapy
Growth Hormone Therapy
Type
Standard Needle
Safety Needle
Needle Length
4mm
6mm
8mm
10mm
12mm
Mode of Purchase
Retail
Non-Retail
Inquire before buying: http://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/inquire
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). Germany is estimated to account for the largest share of the Europe pen needles market in 2016, whereas France is estimated to grow at the highest CAGR during the forecast period 2016-2021.
Request Discount: http://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/request-discount
Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), and Ypsomed Holding AG (Switzerland) are the major players accounting for major share of the Europe pen needles market in 2016. Other players include UltiMed, Inc. (U.S.), Allison Medical, Inc. (U.S.), Owen Mumford, Ltd. (U.K.), B. Braun Melsungen (Germany), Artsana S.p.a. (Italy), HTL-STREFA S.A. (Poland), and Terumo Corporation (Japan), among others.
The Pen Needles market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
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
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Europe Medical Devices Segment:
Europe Cardiac Assist Devices Market: http://www.marketdataforecast.com/market-reports/europe-cardiac-assist-devices-market-30/
Europe Ablation Technologies Market: http://www.marketdataforecast.com/market-reports/europe-ablation-technologies-market-2192/
Europe Endoscopy Devices Market: http://www.marketdataforecast.com/market-reports/europe-endoscopy-devices-market-723/
About us:
The publisher of this report Market Data Forecast is well known for the services they render in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options.
For more info kindly visit, www.marketdataforecast.com
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results