Europe Pen Needles Market is expected to grow at a CAGR of 10.0% to reach a market value of USD 1.07 Million by 2023.
Europe Pen Needles Market By Therapy (Growth Hormone, Insulin, & GLP-1), Type (Safety Pen Needles, Standard Pen Needles,), Needle Length (4mm, 6mm, 8mm, 10mm, & 12mm)
(EMAILWIRE.COM, September 21, 2018 ) In the year 2018, Europe Pen Needles Market was valued at USD 0.67 Billion. By the year 2023, it is expected to reach USD 1.07 Million at pace of 10.0% CAGR.
Pen needles are used in conjunction with injection pens to deliver medications into the body. These needles offers many benefits when compared to other conventional needle and syringe device as they reduce the pain, self-administration and do not require expertise. A pen needle comprises of hollow needle attached to injection pen and these needles are available with various needle lengths.
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Underlying Causes
The growth for Pen Needles market is driven due to factors like rising prevalence of diabetes and obesity diseases, increasing aging and obese population, increasing healthcare expenditure, and increasing government focus on the utilization of safety devices. In addition, favorable insurance policies, increasing investments for R&D activities, advancement of technologies, introduction of new products, and growing number of diabetes awareness programs in Italy, and existence of regulations that mandate the utilization of safety pen needles are expected to drive the market growth.
To know more read: https://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/
Geographic Segmentation:
Based on geography the Europe Pen Needles market has been primarily divided into United Kingdom, France, Spain, Germany and Italy. Germany holds the largest market share in the Europe Pen Needles Market due to advancement of technologies, increasing of chronic diseases, and well-established healthcare facilities. France is expected to grow at the highest CAGR during the forecast period.
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Key Players:
Leading companies for Europe Pen Needles market are Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), and Ypsomed Holding AG (Switzerland), 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)
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626
Pen needles are used in conjunction with injection pens to deliver medications into the body. These needles offers many benefits when compared to other conventional needle and syringe device as they reduce the pain, self-administration and do not require expertise. A pen needle comprises of hollow needle attached to injection pen and these needles are available with various needle lengths.
View sample and decide: https://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/request-sample
Underlying Causes
The growth for Pen Needles market is driven due to factors like rising prevalence of diabetes and obesity diseases, increasing aging and obese population, increasing healthcare expenditure, and increasing government focus on the utilization of safety devices. In addition, favorable insurance policies, increasing investments for R&D activities, advancement of technologies, introduction of new products, and growing number of diabetes awareness programs in Italy, and existence of regulations that mandate the utilization of safety pen needles are expected to drive the market growth.
To know more read: https://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/
Geographic Segmentation:
Based on geography the Europe Pen Needles market has been primarily divided into United Kingdom, France, Spain, Germany and Italy. Germany holds the largest market share in the Europe Pen Needles Market due to advancement of technologies, increasing of chronic diseases, and well-established healthcare facilities. France is expected to grow at the highest CAGR during the forecast period.
Get your customized report: https://www.marketdataforecast.com/market-reports/europe-pen-needles-market-179/customize-report
Key Players:
Leading companies for Europe Pen Needles market are Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), and Ypsomed Holding AG (Switzerland), 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)
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
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Market Data Forecast.
Abhishek Shukla
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