Market Research Reports- Consulting Analysis Crystal Market Research Pen Needle Market by Type, Needle Length, Therapy

Pen Needle Market Size Is Projected To Be
Around $4.9 Billion By 2025:
A research study titled, “Pen Needle Market by Type, Needle Length, Therapy and Mode of Purchase -
Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the pen
needle market is projected to be around $4.9 billion by 2025.
Diabetes is one of the most occurring chronic diseases characterized by either incapability of pancreas to produce
glucose or incapability of body to absorb glucose produced by pancreas. According to survey conducted by
International Diabetic Federation (IDF) in 2015, around 415 million are living with diabetes with proportion of type-
2 diabetics increasing globally. Largenumber of people aged 40 to 59 suffer from diabetes and related
complications. Diabetic people have high risk of developing several complications (such as vascular disorders,
kidney malfunctioning besides affecting eyes, nerves and teeth) due to high glucose level. Diabetes has long term
impact on health and economic condition of individual. Over a period of time, diabetes affect kidney, damages heart
vessels, and eyes, leading to malfunctioning of body. Besides, people with diabetes are likely to incur huge
expenditure causing financial burdens on them and family members. There are many methods to inject insulin in
body such as through syringes and pen needles. Withseveral risks (such as sharp injuries or rapture of blood vessels)
associated with the use of syringes; the demand for insulin syringes is expected to decline in near future. However,
this will provide ample growth opportunities for the pen needle market.
Browse full research report with TOC on “Pen Needle Market by Type, Needle Length, Therapy and Mode
of Purchase - Global Industry Analysis and Forecast to 2025” at:
http://www.crystalmarketresearch.com/report/pen-needle-market
Standard pen needles segment dominated the global market in 2016, due to growing awareness among consumers
about the availability of safe insulin delivery methods, increasing prevalence of diabetes with rise in geriatric
population, and standard pen needles being cost effective as compared to other insulin delivery methods. However,
standard pen needles are expected to witness decline in the growth during forecast period due to various risks of
needle related injuries such as rupture of blood vessel while injecting insulin in the body. Among various needles