Injection Pen Industry Trends 2019 Increasing Demand For Drug Delivery Devices To Propel The Growth in Global Market

Feb 6, 2019

Injection Pen Market Exhibit Notable Expansion at a CAGR of 6.5% during the forecast period of 2018-2023

Pune, India - February 6, 2019 /MarketersMedia/ —

Injection Pen Market: Synopsis

The report published by Market Research Future (MRFR) projects that the global injection pen market is marked to exhibit notable expansion at a CAGR of 6.5% during the forecast period of 2018-2023.

Injection pens are extensively used for self-drug delivery by the patients suffering from chronic diseases. High prevalence of chronic diseases and increasing demand for self-drug administration systems in the healthcare sector of various regions are majorly propelling the growth of the global injection pen market. Increasing availability of affordable medical devices is also fueling the growth of the global injection pen market.

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Global Injection Pen Market: Industry Updates

In January 2019, Johnson & Johnson has announced that it has received FDA approval for its patient-controlled injector for Tremfya which is used for treating moderate to severe plaque psoriasis for adults.

In January 2019, BD has announced the launch of new Nano pen needle which is designed for accurate subcutaneous insulin injection pens. This needle is built with ergonomic pen needle technology.

Global Injection Pen Market: Key Players

The prime players profiled by MRFR that are operating in the global injection pen market are Novo Nordisk (Denmark), Eli Lilly (the U.S.), Sanofi (France), Merck (the U.S.), Ypsomed (Switzerland), AstraZeneca (the U.K.), F.Hoffman-La Roche (Switzerland), Becton Dickinson and Company (the U.S.), Owen Mumford (the U.K.), Novartis (Switzerland), Pfizer (the U.S.), Haselmeier (Switzerland), Jiangsu Delfu medical device Co. Ltd (China), and Biocon Ltd (India).

Global Injection Pen Market: Segmental Analysis

The global injection pen market has been segmented on the basis of type, product, therapy, distribution channel, and end-user. Based on type, the global injection pen market has been segmented into disposable injection pens and reusable injection pens. Based on product, the global injection pen market has been segmented into insulin pens and pen needles. Based on therapy, the global injection pen market has been segmented into diabetes, growth hormone therapy, fertility, osteoporosis, multiple sclerosis, cardiovascular diseases, rheumatoid arthritis, obesity, Crohn’s disease, cancer, and others. The diabetes segment has been further sub-segmented into insulin and GLP-1. Based on distribution channel, the global injection pen market has been segmented into hospital pharmacies, retail pharmacies, online medical stores, and diabetes clinics. Based on end-user, the global injection pen market has been segmented into home care and hospitals and clinics.

Intended Audience

Injection pen manufacturing companies
Original equipment manufacturing companies
Suppliers and distributors of injection pen
Healthcare service providers
Teaching hospitals and academic medical centers
Health insurance players
Government bodies/municipal corporations
Regulatory bodies
Medical research institutes

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Global Injection Pen Market: Regional Analysis

Geographically, the global injection pen market has been segmented into four major regions such as Europe, The Americas, Asia Pacific (APAC), and the Middle East and Africa. The Americas command the dominant share of the global injection pen market owing to the rapid development of healthcare technology which is aiding in the development of innovative self-drug delivery systems, high demand for injection pens among the population as a result of growing prevalence of chronic diseases caused due to various factors such as changing lifestyle, unhealthy dietary habits, genetic disorders, environmental agents and others, and increased healthcare expenditure due to rise in disposable income of the population in this region. The Europe region commands the second largest share of the global injection pen market owing to the increased investments in the pharmaceutical industry to carry out research activities for the development of advanced treatment solutions, high demand for innovative drug administration systems and presence of well-developed healthcare infrastructure in this region. The Asia Pacific region is exhibiting fastest growth in the global injection pen market owing to the increasing availability of self-drug administration systems at affordable prices, rise in awareness regarding self-drug delivery injection pens and high prevalence of diabetes among the population of this region. Lack of awareness is restraining the growth of the injection pen market in the Middle East and Africa region

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Table Of Contents:
Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

Chapter 6. Global Injection Pen Market, By Type

Chapter 7. Global Injection Pen Market, By Product

Chapter 8. Global Injection Pen Market, By Therapy

Chapter 9. Global Injection Pen Market, By Distribution Channel

Chapter 10. Global Injection Pen Market, By End-Users

Chapter 11. Global Injection Pen Market, By Region

Chapter 12. Company Landscape

Chapter 13. Company Profiles

Chapter 14 MRFR Conclusion

Chapter 15 Appendix

LIST OF TABLES
LIST OF FIGURES

About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Info:
Name: Mr. Akash Anand
Organization: Market Research Future
Address: Magarpatta Road, Hadapsar, Pune
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/injection-pen-market-6146

Source URL: https://marketersmedia.com/injection-pen-industry-trends-2019-increasing-demand-for-drug-delivery-devices-to-propel-the-growth-in-global-market/479993

Source: MarketersMedia

Release ID: 479993

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