Global Pen Needles
Market Report
2025
The Pen Needles Market in terms of revenue was USD 1.44 billion in 2022 and is expected to grow to USD 2.21 billion by 2030, at a CAGR of approximately 11.4% during the forecast period.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Pen Needles Market Report 2025.
The Pen Needles Market in terms of revenue was USD 1.44 billion in 2022 and is expected to grow to USD 2.21 billion by 2030, at a CAGR of approximately 11.4% during the forecast period.
2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|
Global Pen Needles Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 11.4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by Application |
|
Market Split by Length |
|
Market Split by Therapy |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Pen Needles industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Pen Needles Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A pen needle (also called a medication pen) is a device used for injecting medication under the skin. Pen needles are designed to make injectable medication easier and more convenient to use, thus increasing patient adherence. The primary difference between pen needles and traditional needles is syringe administration is the easier use of pen needles as compared to traditional ones. Pen needles are commonly used for medications that are injected repeatedly by a person over a relatively short period of time, especially insulin and insulin analogs used in the treatment of diabetes. pen needles are manufactured at shorter needle lengths than required for typical vial and syringe administration, which decreases the pain associated with the injection. Pen needles are available in multiple lengths and gauges of the needle, including 3.5mm, 4mm, 5mm, and 8mm lengths, and 31 through 34 gauge. Pen needles have also had bevels designed which decrease the force required to penetrate the skin, which decreases the pain associated with injection and may increase the acceptability of self-injection. These needles are designed for insertion at a 90-degree angle to the skin, as opposed to normal syringes which are designed to be injected at an angle. Pen needles generally do not require pinching of the skin for proper administration. Factors like the rising prevalence of chronic diseases and increased focus on self-care management are expected to drive the global market for pen needles. The North American region is accounted for a major share of the pen needles market due to the increased adoption of insulin pens and the rise in awareness regarding the benefits of pen needles over traditional syringes.
The growth of the Pen Needle market is majorly driven by the increasing prevalence of chronic diseases across the globe. Such diseases include diabetes, cardiovascular diseases, Osteoporosis, and others require regular drug administration, maybe weekly or daily in which pen needles are mainly used. The popularity of pen needles is increasing due to their distinct features like simplicity and reliability. The demand for pen needles for chronic disease treatment is rising which is attributed to the ability of these needles that patients can directly use without the aid of any physician.
Growing advancement in pen needles, growing spending capacity of customers, and rising pen needle demand for diabetes are the factors majorly contributing to the growth of the pen needle market. In diabetes, patients prefer pen needles over traditional syringes due to technological advancement, less intrusive mechanisms, low level of injection pain, greater ease to use, and higher accuracy.
Rising preference for alternative drug delivery is hampering the growth of the pen needles market. Even pen needles carry benefits and are easy to administer but they also carry several risk factors while administration such as needlestick injuries and infections. To reduce the risk of hypoglycemia the shift in diabetic treatment from insulin pens to insulin pumps is lowering the demand for insulin pens.
Covid-19 impacted negatively the pen needles market. covid pandemic disrupted the supply chain & distribution channel and affected the demand for pen needles. However, the market is showing progress and recovering at a faster rate after covid-19, as the supply chain & distribution channels are normalizing and self-care medications among individuals are rising.
We have various report editions of Pen Needles Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
ARKRAY USA, Inc., a leader in diabetes care products, announced the US launch of the Asure ID Safety Pen Needles. These safety pen needles are designed to protect healthcare professionals and their patients from unintended needlesticks during the injection of insulin.
The Asure ID Safety Pen Needles use a shield that automatically locks after injection, helping to prevent accidental needle sticks. With a broad shield diameter that reduces pressure on the patient's skin. The Asure ID Safety Pen Needles are designed for smooth needle penetration, reducing discomfort for patients.
Becton, Dickinson, and Company, a leading global medical technology company, announced the U.S. Food and Drug Administration clearance of its second-generation BD Nano pen needle, designed for more reliable subcutaneous injection depth.
BD Nano 2nd gen pen needles offer people who inject diabetes medications a more reliable subcutaneous delivery of their medication, designed to help people better manage their diabetes.
UltiMed, Inc. introduces a new safety pen needle designed for safer injections.
The UltiMed safety pen needle is easier to use because there is no inner needle shield to manage and no-recapping necessary, allowing people to dispose of the pen needle into a sharps container when it’s convenient to help avoid the risk of an accidental needle stick injury. A shield automatically covers the needle before and after injection.
Top Companies Market Share in Pen Needles Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The North American region is expected to hold the largest share of the pen needles market. Rising incidences of hormonal disorders, autoimmune disorders, and a variety of other diseases are rising the demand for pen needles in North America. Changing eating habits, sedentary lifestyle, and obesity issues are some major causes resulting in the spread of these diseases in this region. Furthermore, increasing R&D activities and rapid technological activities in North America are expected to fuel industrial growth in the forecast period.
The current report Scope analyzes Pen Needles Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Pen Needles Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Pen Needles Industry growth. Pen Needles market has been segmented with the help of its Type, Application Length , and others. Pen Needles market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Among the types, the pen needle market is segmented into standard pen needles and safety pen needles. Standard pen needles are holding the major share of the market, due to the wide range of products available in the market from leading manufacturers. The availability of standard pen needles in different needle lengths, gauges and designs is able to fulfill the patient’s demand.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Pen Needles Industry. Request a Free Sample PDF!
By application he market is divided into Hospitals, Clinics, and Over-The-Counter (OTC). The OTC type is accounted for holding a major share of the market because of the advantages offered by drug stores and retail pharmacy stores as compared to other distribution channels. Patients can easily purchase the pen needle without the need for a prescription which makes it easier to manage their diabetes.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Among length, the market is segmented into short-length pen needles, medium-length pen needles, and long-length pen needles. The medium-length pen needles are holding the major share of the market due to the ability of these needles to easily penetrate the individual with thicker or more muscular bodies to deliver insulin more effectively.
By therapy, the market is divided into insulin therapy, growth hormone therapy, and glucagon-like peptide-1 therapy. Insulin therapy is holding the major share of the pen needle market by therapy, this is attributed to the rising prevalence of diabetes across the globe.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Pen Needles Market is witnessing significant growth in the near future.
In 2023, the Standard Pen Needles segment accounted for noticeable share of global Pen Needles Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Medtronic, Boston Scientific and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Standard Pen Needles, Safety Pen Needles |
Application | Hospitals, Clinics, Over-The-Counter (OTC) |
Length | short length needles, medium length needles, long length needles |
Therapy | Insulin Therapy, Growth Hormone Therapy, Glucagon-Like Peptide-1 Therapy |
List of Competitors | Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo Corporation, NIPRO Medical, B. Braun Melsungen AG, Medsurg, Allison Medical, Hamilton Syringes & Needles, Hi Tech Medicare Devices, Ypsomed Holding, Owen Mumford, Dongbao |
This chapter will help you gain GLOBAL Market Analysis of Pen Needles. Further deep in this chapter, you will be able to review Global Pen Needles Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Pen Needles. Further deep in this chapter, you will be able to review North America Pen Needles Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Pen Needles. Further deep in this chapter, you will be able to review Europe Pen Needles Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Pen Needles. Further deep in this chapter, you will be able to review Asia Pacific Pen Needles Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Pen Needles. Further deep in this chapter, you will be able to review South America Pen Needles Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Pen Needles. Further deep in this chapter, you will be able to review Middle East and Africa Pen Needles Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Pen Needles. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 7 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 8 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 9 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Length Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Therapy Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Pen Needles market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Standard Pen Needles have a significant impact on Pen Needles market? |
What are the key factors affecting the Standard Pen Needles and Safety Pen Needles of Pen Needles Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Pen Needles Market? |
Which region is expected to dominate the global Pen Needles Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|