The injection pen market witnessed maximum growth in the growth hormone product segment in 2020. Based on geography, North America occupied about 44% of the market share in 2020. The growth of the market in North America can be attributed to factors such as the increasing incidence of diabetes.
Injection Pen Market: Major Growth Drivers
The injection pen market report the following factors as major growth drivers during the forecast period:
- Rising prevalence of chronic diseases
- Increasing incidence of diabetes
- Growing number of regulatory approvals
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Injection Pen Market: Key Vendor Offerings
- AstraZeneca Plc: The company offers different types of injection pens under the brand name the Fasenra Pen.
- Becton Dickinson and Co: The company offers different types of injection pens for Injecting Insulin.
- Eli Lilly and Co: The company offers different types of Digital Insulin Pen With Memory under the brand name MEMOIR.
Reasons to Buy Injection Pen Market Report:
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist injection pen market growth during the next five years
- Estimation of the injection pen market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the injection pen market across North America, Europe, Asia, and ROW
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of injection pen market vendors
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Injection Pen Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 7.40% |
Market growth 2021-2025 |
USD 17.67 billion |
Market structure |
Fragmented |
YoY growth (%) |
10.33 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 44% |
Key consumer countries |
US, China, Canada, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AstraZeneca Plc, Becton Dickinson and Co., Eli Lilly and Co., F. Hoffmann-La Roche Ltd., Merck KGaA, Novartis AG, Novo Nordisk AS, Owen Mumford Ltd., Sanofi SA, and Ypsomed Holding AG |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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