Market Overview:
The global single-use pen needles for subcutaneous injection market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising demand for self-injection devices, and technological advancements in single-use pen needles. Based on type, the global single-use pen needles for subcutaneous injection market is segmented into in-wall switch and stick-on switch. The stick-on switch segment is expected to grow at a higher CAGR than the in-wall switch segment during the forecast period from 2018 to 2030. This can be attributed to its growing popularity among consumers owing to its ease of use and convenience. Based on application, the global single-use pen needles for subcutaneous injection market is divided into residential and commercial applications.
Product Definition:
A single-use pen needle is a type of injection needle that is specifically designed for use with a pen injector. These needles are typically shorter in length than traditional needles, and they have a smaller diameter to allow them to fit more easily into the pen injector. Single-use needles are intended for one-time use only and should be disposed of after use.
In-Wall Switch:
In-wall switch is a device that enables the user to control the flow of fluid from one chamber to another without removing it from its holder. It is mainly used for switching between different injection modes in single-use pen needles for subcutaneous injections.
The global in-wall switch, also known as autoinjector or automatic injector, market size was valued at USD 648.1 million in 2018.
Stick-on Switch:
Stick-on switch is a safety device that prevents the accidental activation of the injection by moving the push button. It is an important element in single-use pen needles for subcutaneous injection. The stick on switch has two functions, it acts as a cap and also blocks any attempt to activate the auto-injector by accident.
The major advantages of using this product are prevention from cross contamination.
Application Insights:
In 2017, the commercial application segment dominated the global single-use pen needles for subcutaneous injection market with a share of over 80.0%. This can be attributed to growing investments in developing countries in Asia Pacific and Latin America. For instance, as per WHO estimates, investment in health infrastructure & services accounts for 6% of GDP in China and 9% of GDP in India. Such investments are expected to drive growth over the forecast period.
Single-use pen needle syringes are used for various applications including residential care homes and hospitals among others which require a high degree of hygiene while handling patients¢â‚¬â„¢ blood or other body fluids.
Regional Analysis:
North America dominated the global single-use pen needles for subcutaneous injection market in 2017. This can be attributed to factors such as high prevalence of chronic diseases, presence of advanced healthcare infrastructure and highly developed economy. Moreover, increasing demand for home healthcare services is also expected to drive the market growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising geriatric population and awareness about various treatment options available in this region. In addition, growing medical tourism industry due to low cost of treatment & surgery in countries such as India & China is further expected boost regional growth during the forecast period.
Growth Factors:
- Increasing prevalence of chronic diseases: The increasing prevalence of chronic diseases is one of the key growth drivers for the single-use pen needles for subcutaneous injection market. According to the World Health Organization, around 36 million people die every year due to chronic diseases, which is equivalent to approximately 60% of all deaths globally. This number is expected to increase in the coming years due to the rising incidence of lifestyle-related disorders such as obesity and diabetes. As a result, there will be an increased demand for single-use pen needles for subcutaneous injection products that can help in delivering medications effectively and safely into the body.
- Technological advancements: The development of innovative technologies has been a major driver for growth in several industries including healthcare and this trend is also being witnessed in the single-use pen needles market. Manufacturers are focusing on developing new products that are easier and faster to use with better safety features compared to traditional syringes and needles. This is likely to boost adoption rates among patients as well as healthcare professionals over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Single-Use Pen Needles for Subcutaneous Injection Market Research Report
By Type
In-Wall Switch, Stick-on Switch
By Application
Residential, Commercial
By Companies
Gosund Technology, Sonoff, Leviton Manufacturing, Legrand North America, LLC., Belkin International, Inc., Brilliant, TP-Link, GE, Philips, Eaton
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Single-Use Pen Needles for Subcutaneous Injection Market Report Segments:
The global Single-Use Pen Needles for Subcutaneous Injection market is segmented on the basis of:
Types
In-Wall Switch, Stick-on Switch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gosund Technology
- Sonoff
- Leviton Manufacturing
- Legrand North America, LLC.
- Belkin International, Inc.
- Brilliant
- TP-Link
- GE
- Philips
- Eaton
Highlights of The Single-Use Pen Needles for Subcutaneous Injection Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- In-Wall Switch
- Stick-on Switch
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Single-Use Pen Needles for Subcutaneous Injection Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Single-use pen needles for subcutaneous injection are used to inject medications into the skin. They have a thin, sharp point at one end and a blunt end at the other.
Some of the key players operating in the single-use pen needles for subcutaneous injection market are Gosund Technology, Sonoff, Leviton Manufacturing, Legrand North America, LLC., Belkin International, Inc., Brilliant, TP-Link, GE, Philips, Eaton.
The single-use pen needles for subcutaneous injection market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Single-Use Pen Needles for Subcutaneous Injection Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Single-Use Pen Needles for Subcutaneous Injection Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single-Use Pen Needles for Subcutaneous Injection Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Single-Use Pen Needles for Subcutaneous Injection Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Single-Use Pen Needles for Subcutaneous Injection Market Size & Forecast, 2020-2028
4.5.1 Single-Use Pen Needles for Subcutaneous Injection Market Size and Y-o-Y Growth
4.5.2 Single-Use Pen Needles for Subcutaneous Injection Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 In-Wall Switch
5.2.2 Stick-on Switch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single-Use Pen Needles for Subcutaneous Injection Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Single-Use Pen Needles for Subcutaneous Injection Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 In-Wall Switch
9.6.2 Stick-on Switch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 In-Wall Switch
10.6.2 Stick-on Switch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 In-Wall Switch
11.6.2 Stick-on Switch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 In-Wall Switch
12.6.2 Stick-on Switch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 In-Wall Switch
13.6.2 Stick-on Switch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Single-Use Pen Needles for Subcutaneous Injection Market: Competitive Dashboard
14.2 Global Single-Use Pen Needles for Subcutaneous Injection Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gosund Technology
14.3.2 Sonoff
14.3.3 Leviton Manufacturing
14.3.4 Legrand North America, LLC.
14.3.5 Belkin International, Inc.
14.3.6 Brilliant
14.3.7 TP-Link
14.3.8 GE
14.3.9 Philips
14.3.10 Eaton
