
Europe Pen Needles Market Size, Share & Industry Trends Analysis Report By Type, By Setting, By Application, By Length (8mm, 6mm, 5mm, 10mm, 12mm, and 4mm), By Mode of Purchase, By Country and Growth Forecast, 2023 - 2030
Description
Europe Pen Needles Market Size, Share & Industry Trends Analysis Report By Type, By Setting, By Application, By Length (8mm, 6mm, 5mm, 10mm, 12mm, and 4mm), By Mode of Purchase, By Country and Growth Forecast, 2023 - 2030
The Europe Pen Needles Market would witness market growth of 9.0% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 18,166.7 thousand Units, showcasing a growth of 8.9% (2019-2022).
In certain medical conditions, patients may need to self-administer biologic drugs and specialty medications via subcutaneous injection. Pen needles are suitable for these applications because they provide a relatively painless and convenient way to deliver these medications. In some cases, subcutaneous vaccinations may be administered using pen needles, especially for vaccines requiring a subcutaneous administration route. It can be used in various other medical conditions requiring subcutaneous injections. These may include autoimmune diseases, multiple sclerosis, and certain chronic illnesses.
One of the significant advantages of pen needles is their suitability for home healthcare. Patients can easily and safely self-administer medication without the need for healthcare professionals, which improves their quality of life and adherence to treatment plans. The application of pen needles is expanding beyond diabetes management to include various medical conditions, making them a versatile and essential medical device in the healthcare industry. Healthcare professionals and patients need to be well-informed about the proper use of pen needles to ensure effective and safe treatment.
According to Destatis, by the middle of the 2030s, the number of Germans of retirement age (67 or older) will increase by approximately 4 million to at least 20 million. There will be between 5.8 and 6.7 million people aged 80 or older by the middle of the 2030s. Older adults often have more complex healthcare needs, and chronic conditions like diabetes require regular monitoring and treatment. The convenience and ease of use of pen needles are beneficial for seniors who need to self-administer insulin. The aforementioned factors will boost market growth in this region.
The Germany market dominated the Europe Pen Needles Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $203.7 million by 2030. The UK market is showcasing a CAGR of 8.1% during (2023 - 2030). Additionally, The France market would register a CAGR of 9.8% during (2023 - 2030).
Based on Type, the market is segmented into Standard Pen Needles, and Safety Pen Needles. Based on Setting, the market is segmented into Homecare, Hospitals & Clinics, and Others. Based on Application, the market is segmented into Insulin, Glucagon-like-Peptide-1 (GLP-1), Growth Hormone, Osteoporosis, and Others. Based on Length, the market is segmented into 8mm, 6mm, 5mm, 10mm, 12mm, and 4mm. Based on Mode of Purchase, the market is segmented into Over the Counter, Prescription-based, Online Purchase, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Embecta Corp., Novo Nordisk A/S, Ypsomed AG, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Owen Mumford Limited, Arkray, Inc., UltiMed, Inc. and Allison Medical, Inc.
Scope of the Study
Market Segments covered in the Report:
By Type (Volume, Thousand Units, USD Billion/Million, 2019-2030)
- Standard Pen Needles
- Safety Pen Needles
- Homecare
- Hospitals & Clinics
- Others
- Insulin
- Glucagon-like-Peptide-1 (GLP-1)
- Growth Hormone
- Osteoporosis
- Others
- 8mm
- 6mm
- 5mm
- 10mm
- 12mm
- 4mm
- Over the Counter
- Prescription-based
- Online Purchase
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Embecta Corp.
- Novo Nordisk A/S
- Ypsomed AG
- B. Braun Melsungen AG
- Terumo Corporation
- Nipro Corporation
- Owen Mumford Limited
- Arkray, Inc.
- UltiMed, Inc.
- Allison Medical, Inc.
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
260 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Pen Needles Market, by Type
- 1.4.2 Europe Pen Needles Market, by Setting
- 1.4.3 Europe Pen Needles Market, by Application
- 1.4.4 Europe Pen Needles Market, by Length
- 1.4.5 Europe Pen Needles Market, by Mode of Purchase
- 1.4.6 Europe Pen Needles Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.3 Market Share Analysis, 2022
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Feb – 2023, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Pen Needles Market by Type
- 5.1 Europe Standard Pen Needles Market by Country
- 5.2 Europe Safety Pen Needles Market by Country
- Chapter 6. Europe Pen Needles Market by Setting
- 6.1 Europe Homecare Market by Country
- 6.2 Europe Hospitals & Clinics Market by Country
- 6.3 Europe Others Market by Country
- Chapter 7. Europe Pen Needles Market by Application
- 7.1 Europe Insulin Market by Country
- 7.2 Europe Glucagon-like-Peptide-1 (GLP-1) Market by Country
- 7.3 Europe Growth Hormone Market by Country
- 7.4 Europe Osteoporosis Market by Country
- 7.5 Europe Others Market by Country
- Chapter 8. Europe Pen Needles Market by Length
- 8.1 Europe 8mm Market by Country
- 8.2 Europe 6mm Market by Country
- 8.3 Europe 5mm Market by Country
- 8.4 Europe 10mm Market by Country
- 8.5 Europe 12mm Market by Country
- 8.6 Europe 4mm Market by Country
- Chapter 9. Europe Pen Needles Market by Mode of Purchase
- 9.1 Europe Over the Counter Market by Country
- 9.2 Europe Prescription-based Market by Country
- 9.3 Europe Online Purchase Market by Country
- 9.4 Europe Others Market by Country
- Chapter 10. Europe Pen Needles Market by Country
- 10.1 Germany Pen Needles Market
- 10.1.1 Germany Pen Needles Market by Type
- 10.1.2 Germany Pen Needles Market by Setting
- 10.1.3 Germany Pen Needles Market by Application
- 10.1.4 Germany Pen Needles Market by Length
- 10.1.5 Germany Pen Needles Market by Mode of Purchase
- 10.2 UK Pen Needles Market
- 10.2.1 UK Pen Needles Market by Type
- 10.2.2 UK Pen Needles Market by Setting
- 10.2.3 UK Pen Needles Market by Application
- 10.2.4 UK Pen Needles Market by Length
- 10.2.5 UK Pen Needles Market by Mode of Purchase
- 10.3 France Pen Needles Market
- 10.3.1 France Pen Needles Market by Type
- 10.3.2 France Pen Needles Market by Setting
- 10.3.3 France Pen Needles Market by Application
- 10.3.4 France Pen Needles Market by Length
- 10.3.5 France Pen Needles Market by Mode of Purchase
- 10.4 Russia Pen Needles Market
- 10.4.1 Russia Pen Needles Market by Type
- 10.4.2 Russia Pen Needles Market by Setting
- 10.4.3 Russia Pen Needles Market by Application
- 10.4.4 Russia Pen Needles Market by Length
- 10.4.5 Russia Pen Needles Market by Mode of Purchase
- 10.5 Spain Pen Needles Market
- 10.5.1 Spain Pen Needles Market by Type
- 10.5.2 Spain Pen Needles Market by Setting
- 10.5.3 Spain Pen Needles Market by Application
- 10.5.4 Spain Pen Needles Market by Length
- 10.5.5 Spain Pen Needles Market by Mode of Purchase
- 10.6 Italy Pen Needles Market
- 10.6.1 Italy Pen Needles Market by Type
- 10.6.2 Italy Pen Needles Market by Setting
- 10.6.3 Italy Pen Needles Market by Application
- 10.6.4 Italy Pen Needles Market by Length
- 10.6.5 Italy Pen Needles Market by Mode of Purchase
- 10.7 Rest of Europe Pen Needles Market
- 10.7.1 Rest of Europe Pen Needles Market by Type
- 10.7.2 Rest of Europe Pen Needles Market by Setting
- 10.7.3 Rest of Europe Pen Needles Market by Application
- 10.7.4 Rest of Europe Pen Needles Market by Length
- 10.7.5 Rest of Europe Pen Needles Market by Mode of Purchase
- Chapter 11. Company Profiles
- 11.1 Embecta Corp.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Regional Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.6 SWOT Analysis
- 11.2 Owen Mumford Limited
- 11.2.1 Company Overview
- 11.2.2 Recent strategies and developments:
- 11.2.2.1 Partnerships, Collaborations, and Agreements:
- 11.2.2.2 Product Launches and Product Expansions:
- 11.2.3 SWOT Analysis
- 11.3 Novo Nordisk A/S
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental & Regional Analysis
- 11.3.4 Research & Development Expenses
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations, and Agreements:
- 11.3.5.2 Acquisition and Mergers:
- 11.3.5.3 Geographical Expansions:
- 11.3.6 SWOT Analysis
- 11.4 Ypsomed AG
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Recent strategies and developments:
- 11.4.4.1 Partnerships, Collaborations, and Agreements:
- 11.4.4.2 Product Launches and Product Expansions:
- 11.4.5 SWOT Analysis
- 11.5 B. Braun Melsungen AG
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expenses
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Partnerships, Collaborations, and Agreements:
- 11.5.5.2 Acquisition and Mergers:
- 11.5.6 SWOT Analysis
- 11.6 Terumo Corporation
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.5.2 Product Launches and Product Expansions:
- 11.6.6 SWOT Analysis
- 11.7 Nipro Corporation
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expenses
- 11.7.5 Recent strategies and developments:
- 11.7.5.1 Partnerships, Collaborations, and Agreements:
- 11.8 Arkray, Inc.
- 11.8.1 Company Overview
- 11.8.2 SWOT Analysis
- 11.9 UltiMed, Inc.
- 11.9.1 Company Overview
- 11.10. Allison Medical, Inc.
- 11.10.1 Company Overview
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.