Pen Needles Market Scrutinized in New Research

Pen needles are used to inject medication (most commonly to inject insulin in diabetic patients). Pen needles offer various advantages over conventional needle and syringe device such as they aid in self-administration of the medication and do not require expertise. Pen needles are screwed to injection pens through plastic hub and has the required quantity of medication in it. This gets injected through the pen. There are different sizes of pen needle available depending upon the length and gauge. Different length available are 4mm, 5mm, 6mm, 8mm, 10 mm, and 12mm. Gauge size decides the thickness of pen needle, higher the gauge number, lesser is the thickness. Various gauges with pen needles are 29G, 30G, 31G and 32G. Most advanced pen needles are ultra-fine needles, which are painless and reaches optimally in subcutaneous layer beneath skin, whereas larger size needles such as 8mm and 12 mm may have risk to reach intramuscular layer beneath skin if not inserted properly.

Get The Holistic SAMPLE With Research Methodology: https://www.coherentmarketinsights.com/insight/request-sample/1612

Pen Needles Market- Market Dynamics

Rising prevalence of diabetes is one of the major drivers for growth of the pen needles market. According to the International Diabetes Federation’s (IDF) Diabetes Atlas 2017, around 425 million patients were suffering from diabetes worldwide by end of 2017. By 2045, this figure is expected to reach around 629 million. Moreover, over 40% people are still undiagnosed with diabetes especially in regions such as Asia Pacific and Middle East and some part of North Africa. Some of these patients require insulin therapy, which in turn would propel growth of the market for pen needles. Diabetes is one of the top three cause of death from non-communicable disease as per World Health Organization (WHO) 2012 factsheet. The average patient with type-2 diabetes injects around 60,000 units over a period of 10-12 years of insulin treatment. Increasing geriatric population is expected to be another driver for pen needles market growth as older people need insulin therapy more often due to suppressed pancreatic activity with aging. As per current IDF estimation, there were 98 million diabetic people in 2017 over the age of 65 years, which is expected to rise to 191 million by 2045.

Click To Continue Reading On Pen Needles Market 

You may be interested

Power Management System Market by Products, End User, Global Forecast to 2026
Business
Business

Power Management System Market by Products, End User, Global Forecast to 2026

Sayali Tribhuvan - June 24, 2018

Power Management System Market Research Study provide detailed information about the key factors influencing the growth of the industry which include drivers, restraints, opportunities, and industry-specific challenges,…

Business

Hydrogen Vehicle Market Positive long-term growth outlook 2018-2025

Sayali Tribhuvan - June 24, 2018

Hydrogen Vehicle Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps Market participants in…

Hashgraph Market New Research Highlights the Current Trends, Opportunities And Challenges For Industry
Information Technology and Gadgets
Information Technology and Gadgets

Hashgraph Market New Research Highlights the Current Trends, Opportunities And Challenges For Industry

Sayali Tribhuvan - June 23, 2018

Hashgraph Market Report provides an analytical assessment of the prime challenges faced by this industry currently and in the coming years, which helps market participants in understanding…

Most from this category