Summary
The global Safety Insulin Pen Needles Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2020.
Overview
Insulin pen injections are convenient, effective, and have been proven safe and reliable in clinical trials. These injections provide the most precise type of insulin when compared to the subcutaneous injection of standard insulin and have no side effects. The results are immediate and the dosage is specifically designed for the patient's weight and blood glucose level at the time of injection. Most insulin pen needles will deliver over-the-counter insulin and can be used by people with various needs for their treatment. For instance, there are needle-less needles available for people with hypoglycemic conditions and those who need extra insulin immediately after eating a meal. The global safety insulin pen needles market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global safety insulin pen needles market is expected to witness significant growth during the forecast period, owing to favorable reimbursement in select countries.
Market Drivers
Increasing prevalence of chronic diabetes is expected to drive growth of the global safety insulin pen needles market during the forecast period. According to the World Health Organization (WHO), the number of people with diabetes has increased from 108 million in 1980 to 422 million in 2014. Such a high prevalence of diabetes has increased the demand for insulin pens. Hence, these factors are expected to drive growth of the global safety insulin pen needles market during the forecast period. Furthermore, favorable reimbursement in select countries is expected to propel the global safety insulin pen needles market growth over the forecast period.
Market Restraints
Preference for alternative modes of drug delivery and needle anxiety is expected to hinder the global safety insulin pen needles market growth over the forecast period.
Regional Insights
Among regions, Europe is expected to witness significant growth in the global safety insulin pen needles market during the forecast period. This is owing to rising prevalence of the target disease in the region. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to growing awareness regarding the benefits of insulin pens and improving healthcare infrastructure across the region.
Competitive Section
Key players operating in the global safety insulin pen needles market are BD, Arstana, Ulticare, Terumo, Novo Nordisk, HTL-Strefa, Owen Mumford, Beipu, and B.Braun.
For instance, in November 2020, Medtronic launched the first integrated smart insulin pen InPen for diabetics with real-time Guardian Connect CGM data.
The Safety Insulin Pen Needles Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Safety Insulin Pen Needles Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- BD
- Novo Nordisk
- Artsana
- B. Braun
- Terumo
- Ypsomed
- Owen Mumford
- HTL-Strefa
- Beipu
- Kangdelai
- Ulticare
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Home Use
- Medical Institutions
- Others
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
The objective of the Safety Insulin Pen Needles Market Report:
- To assess the size of the market by value and volume
- Analyze the Safety Insulin Pen Needles Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Safety Insulin Pen Needles Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Safety Insulin Pen Needles Market
The Safety Insulin Pen Needles Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Safety Insulin Pen Needles Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Safety Insulin Pen Needles Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Safety Insulin Pen Needles Market Share by Application: 2020 VS 2026
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Safety Insulin Pen Needles Market
1.6.1 How the Covid-19 is Affecting the Safety Insulin Pen Needles Market
1.6.1.1 Safety Insulin Pen Needles Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Safety Insulin Pen Needles Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Safety Insulin Pen Needles Market Perspective (2015-2026)
2.2 Safety Insulin Pen Needles Market Growth Trends by Regions
2.2.1 Safety Insulin Pen Needles Market Size by Regions: 2015 VS 2020 VS 2026
2.2.2 Safety Insulin Pen Needles Market Historic Market Share by Regions (2015-2020)
2.2.3 Safety Insulin Pen Needles Market Forecasted Market Size by Regions (2021-2026)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Safety Insulin Pen Needles Market Growth Strategy
2.3.6 Primary Interviews with Key Safety Insulin Pen Needles Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Safety Insulin Pen Needles Market Players by Market Size
3.1.1 Global Top Safety Insulin Pen Needles Market Players by Revenue (2015-2020)
3.1.2 Global Safety Insulin Pen Needles Market Revenue Market Share by Players (2015-2020)
3.1.3 Global Safety Insulin Pen Needles Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Safety Insulin Pen Needles Market Concentration Ratio
3.2.1 Global Safety Insulin Pen Needles Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Safety Insulin Pen Needles Market Revenue in 2019
3.3 Safety Insulin Pen Needles Market Key Players Head office and Area Served
3.4 Key Players Safety Insulin Pen Needles Market Product Solution and Service
3.5 Date of entering into Safety Insulin Pen Needles Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
4.1 Global Safety Insulin Pen Needles Market Historic Market Size by Type (2015-2020)
4.2 Global Safety Insulin Pen Needles Market Forecasted Market Size by Type (2021-2026)
5 Safety Insulin Pen Needles Market Breakdown Data by Application (2015-2026)
5.1 Global Safety Insulin Pen Needles Market Size by Application (2015-2020)
5.2 Global Safety Insulin Pen Needles Market Forecasted Market Size by Application (2021-2026)
6 North America
6.1 North America Safety Insulin Pen Needles Market Size (2015-2020)
6.2 Safety Insulin Pen Needles Market Key Players in North America (2019-2020)
6.3 North America Safety Insulin Pen Needles Market Size by Type (2015-2020)
6.4 North America Safety Insulin Pen Needles Market Size by Application (2015-2020)
7 Europe
7.1 Europe Safety Insulin Pen Needles Market Size (2015-2020)
7.2 Safety Insulin Pen Needles Market Key Players in Europe (2019-2020)
7.3 Europe Safety Insulin Pen Needles Market Size by Type (2015-2020)
7.4 Europe Safety Insulin Pen Needles Market Size by Application (2015-2020)
8 China
8.1 China Safety Insulin Pen Needles Market Size (2015-2020)
8.2 Safety Insulin Pen Needles Market Key Players in China (2019-2020)
8.3 China Safety Insulin Pen Needles Market Size by Type (2015-2020)
8.4 China Safety Insulin Pen Needles Market Size by Application (2015-2020)
9 Japan
9.1 Japan Safety Insulin Pen Needles Market Size (2015-2020)
9.2 Safety Insulin Pen Needles Market Key Players in Japan (2019-2020)
9.3 Japan Safety Insulin Pen Needles Market Size by Type (2015-2020)
9.4 Japan Safety Insulin Pen Needles Market Size by Application (2015-2020)
10 Southeast Asia
10.1 Southeast Asia Safety Insulin Pen Needles Market Size (2015-2020)
10.2 Safety Insulin Pen Needles Market Key Players in Southeast Asia (2019-2020)
10.3 Southeast Asia Safety Insulin Pen Needles Market Size by Type (2015-2020)
10.4 Southeast Asia Safety Insulin Pen Needles Market Size by Application (2015-2020)
11 India
11.1 India Safety Insulin Pen Needles Market Size (2015-2020)
11.2 Safety Insulin Pen Needles Market Key Players in India (2019-2020)
11.3 India Safety Insulin Pen Needles Market Size by Type (2015-2020)
11.4 India Safety Insulin Pen Needles Market Size by Application (2015-2020)
12 Central & South America
12.1 Central & South America Safety Insulin Pen Needles Market Size (2015-2020)
12.2 Safety Insulin Pen Needles Market Key Players in Central & South America (2019-2020)
12.3 Central & South America Safety Insulin Pen Needles Market Size by Type (2015-2020)
12.4 Central & South America Safety Insulin Pen Needles Market Size by Application (2015-2020)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Safety Insulin Pen Needles Market Introduction
13.4 Safety Insulin Pen Needles Market Business (2015-2020)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Safety Insulin Pen Needles Market Key Market Segments
Table 2. Key Players Covered: Ranking by Safety Insulin Pen Needles Market Revenue
Table 3. Ranking of Global Top Safety Insulin Pen Needles Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Safety Insulin Pen Needles Market Size Growth Rate by Type (US$ Million): 2020 VS 2026
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Safety Insulin Pen Needles Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Safety Insulin Pen Needles Market Players to Combat Covid-19 Impact
Table 10. Global Safety Insulin Pen Needles Market Size Growth by Application (US$ Million): 2020 VS 2026
Table 11. Global Safety Insulin Pen Needles Market Size by Regions (US$ Million): 2020 VS 2026
Table 12. Global Safety Insulin Pen Needles Market Size by Regions (2015-2020) (US$ Million)
Table 13. Global Safety Insulin Pen Needles Market Share by Regions (2015-2020)
Table 14. Global Safety Insulin Pen Needles Market Forecasted Market Size by Regions (2021-2026) (US$ Million)
Table 15. Global Safety Insulin Pen Needles Market Share by Regions (2021-2026)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Safety Insulin Pen Needles Market Growth Strategy
Table 20. Main Points Interviewed from Key Safety Insulin Pen Needles Market Players
Table 21. Global Safety Insulin Pen Needles Market Revenue by Players (2015-2020) (Million US$)
Table 22. Global Safety Insulin Pen Needles Market Share by Players (2015-2020)
Table 23. Global Top Safety Insulin Pen Needles Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Safety Insulin Pen Needles Market as of 2019)
Table 24. Global Safety Insulin Pen Needles Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Safety Insulin Pen Needles Market Product Solution and Service
Table 27. Date of entering into Safety Insulin Pen Needles Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 30. Global Safety Insulin Pen Needles Market Size Share by Type (2015-2020)
Table 31. Global Safety Insulin Pen Needles Market Revenue Market Share by Type (2021-2026)
Table 31. Global Safety Insulin Pen Needles Market Size Share by Application (2015-2020)
Table 33. Global Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 34. Global Safety Insulin Pen Needles Market Size Share by Application (2021-2026)
Table 35. North America Key Players Safety Insulin Pen Needles Market Revenue (2019-2020) (Million US$)
Table 36. North America Key Players Safety Insulin Pen Needles Market Share (2019-2020)
Table 37. North America Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 38. North America Safety Insulin Pen Needles Market Share by Type (2015-2020)
Table 39. North America Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 40. North America Safety Insulin Pen Needles Market Share by Application (2015-2020)
Table 41. Europe Key Players Safety Insulin Pen Needles Market Revenue (2019-2020) (Million US$)
Table 42. Europe Key Players Safety Insulin Pen Needles Market Share (2019-2020)
Table 43. Europe Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 44. Europe Safety Insulin Pen Needles Market Share by Type (2015-2020)
Table 45. Europe Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 46. Europe Safety Insulin Pen Needles Market Share by Application (2015-2020)
Table 47. China Key Players Safety Insulin Pen Needles Market Revenue (2019-2020) (Million US$)
Table 48. China Key Players Safety Insulin Pen Needles Market Share (2019-2020)
Table 49. China Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 50. China Safety Insulin Pen Needles Market Share by Type (2015-2020)
Table 51. China Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 52. China Safety Insulin Pen Needles Market Share by Application (2015-2020)
Table 53. Japan Key Players Safety Insulin Pen Needles Market Revenue (2019-2020) (Million US$)
Table 54. Japan Key Players Safety Insulin Pen Needles Market Share (2019-2020)
Table 55. Japan Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 56. Japan Safety Insulin Pen Needles Market Share by Type (2015-2020)
Table 57. Japan Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 58. Japan Safety Insulin Pen Needles Market Share by Application (2015-2020)
Table 59. Southeast Asia Key Players Safety Insulin Pen Needles Market Revenue (2019-2020) (Million US$)
Table 60. Southeast Asia Key Players Safety Insulin Pen Needles Market Share (2019-2020)
Table 61. Southeast Asia Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 62. Southeast Asia Safety Insulin Pen Needles Market Share by Type (2015-2020)
Table 63. Southeast Asia Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 64. Southeast Asia Safety Insulin Pen Needles Market Share by Application (2015-2020)
Table 65. India Key Players Safety Insulin Pen Needles Market Revenue (2019-2020) (Million US$)
Table 66. India Key Players Safety Insulin Pen Needles Market Share (2019-2020)
Table 67. India Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 68. India Safety Insulin Pen Needles Market Share by Type (2015-2020)
Table 69. India Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 70. India Safety Insulin Pen Needles Market Share by Application (2015-2020)
Table 71. Central & South America Key Players Safety Insulin Pen Needles Market Revenue (2019-2020) (Million US$)
Table 72. Central & South America Key Players Safety Insulin Pen Needles Market Share (2019-2020)
Table 73. Central & South America Safety Insulin Pen Needles Market Size by Type (2015-2020) (Million US$)
Table 74. Central & South America Safety Insulin Pen Needles Market Share by Type (2015-2020)
Table 75. Central & South America Safety Insulin Pen Needles Market Size by Application (2015-2020) (Million US$)
Table 76. Central & South America Safety Insulin Pen Needles Market Share by Application (2015-2020)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Safety Insulin Pen Needles Market Business (2015-2020) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Safety Insulin Pen Needles Market Share by Type: 2020 VS 2026
Figure 2. Global Safety Insulin Pen Needles Market Share by Application: 2020 VS 2026
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Safety Insulin Pen Needles Market Report Years Considered
Figure 8. Global Safety Insulin Pen Needles Market Size YoY Growth 2015-2026 (US$ Million)
Figure 9. Global Safety Insulin Pen Needles Market Share by Regions: 2020 VS 2026
Figure 10. Global Safety Insulin Pen Needles Market Share by Regions (2021-2026)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Safety Insulin Pen Needles Market Share by Players in 2019
Figure 13. Global Top Safety Insulin Pen Needles Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Safety Insulin Pen Needles Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Safety Insulin Pen Needles Market Revenue in 2019
Figure 15. North America Safety Insulin Pen Needles Market Size YoY Growth (2015-2020) (Million US$)
Figure 16. Europe Safety Insulin Pen Needles Market Size YoY Growth (2015-2020) (Million US$)
Figure 17. China Safety Insulin Pen Needles Market Size YoY Growth (2015-2020) (Million US$)
Figure 18. Japan Safety Insulin Pen Needles Market Size YoY Growth (2015-2020) (Million US$)
Figure 19. Southeast Asia Safety Insulin Pen Needles Market Size YoY Growth (2015-2020) (Million US$)
Figure 20. India Safety Insulin Pen Needles Market Size YoY Growth (2015-2020) (Million US$)
Figure 21. Central & South America Safety Insulin Pen Needles Market Size YoY Growth (2015-2020) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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