Pen Needles Market Flourishes, Approaching US $2 Bn in 2021 : Fairfield Market Research
Rising Chronic Diseases Drive Pen Needles Market Growth
The global pen needles market, valued at nearly $2 billion in 2021, is rapidly expanding due to the increasing popularity of alternative drug delivery methods. The prevalence of chronic diseases such as diabetes, cardiovascular disorders, multiple sclerosis, and osteoporosis has created a demand for frequent drug administration, often through pen injectors, which are a novel addition to the injectable drug delivery domain. These devices, known for their simplicity, ease of use, flexibility, convenience, and reliability, have witnessed widespread adoption. Patients can administer medications through pen injectors without the need for medical professionals, significantly influencing the sales of pen needles, which are integral removabl...