Million Insights Market Research Released A New Research Report On Global Pen Needles Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.
Pune, India - Pen Needles Market was valued at USD 1.5 billion in 2015, which is projected to grow at a CAGR of more than 13.0% during the forecast period. Rising prevalence of diabetes has led to the rise in demand of pen needles. According to the WHO, in 2014, 422 million people had diabetes and it is estimated that it would be the 7th leading cause of death in 2030. With the increase in population of this disorder, the market is estimated to grow rapidly over forecast period. The rising number of overweight or obese people also contributes to the growth of the market. According to the Diabetes. Co. UK, obesity accounts for 80% to 85% chances of developing type 2 diabetes. Excess abdominal fat, increases the chances of having this type of disorder.
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Pen needles helps in easy delivery of drug to the patient. They are used in conjunction with insulin pens because of its accuracy in dosage delivery and can be easily used visually impaired and elderly people.
Technological advancements in pen needles are further expected to drive market growth. The market players are majorly focusing on developing new products with respect to the length of the needle. Short length pen needles can be easily used by everyone including overweight, children, and the patient with phobia of needles. For instance, in 2014, Novo Nordisk made NovoFine Plus, the thinnest and shortest needle commercially available in the U.S.
Pen needles when used in conjunction with insulin pens provide easy and convenient drug delivery process when compared to the traditional method of syringes and vials. Syringes are comparatively large and create difficulty in self-administration. On the contrary, pen needles have pointed tips, which penetrate easily into the muscle of the patient. It eliminates the risk of needle stick injuries.
Product Insights
In 2016, standard needles held the largest market share because of its daily usage by diabetic patients. People with dexterity and visually impaired patients use these products because it has a clear screen with clicks that are easy to hear and ensures that proper dosage is administered. However, these are expected to witness slow growth in near future owing to the high risk of needle stick injuries restricting the safe applicability of pen needles. Rising number of diabetes patient, cost effectiveness, and rising awareness level regarding the usage of these products contribute to the growth of this segment.
Safety pen needles are anticipated to witness attractive growth over the forecast period due to the growing technological advancements in this field. It helps to minimize the risk of needle stick injuries amongst patients. For instance, BD AutoShield Duo pen needle, has shields over front and back ends of needles and does not require pinch up, thus, reducing the risk of needlestick injury.
In 2016, Europe dominated the market because of the growing prevalence of diabetes in the region. According to Diabetes UK, 4 million people are found to be suffering with diabetes. Moreover, the UK government is taking initiatives to raise awareness among people and invest in diabetes care and research so that better treatment techniques and facilities are available for diabetic patients.
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Market Segment:
Pen Needles Product Outlook (Revenue, USD Million; 2014 - 2025)
- Standard Pen Needles
- Safety Pen Needles
Pen Needles Length Outlook (Revenue, USD Million; 2014 - 2025)
- 4mm
- 5mm
- 6mm
- 8mm
- 10mm
- 12mm
Pen Needles Therapy Outlook (Revenue, USD Million; 2014 - 2025)
- Insulin
- Glucagon-like-Peptide-1 (GLP-1)
- Growth Hormone
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Million Insights Market Research Released A New Research Report On Global Sorbitol Market - Forecast Up To 2025.
Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.
Pune, India: Oct. 30, 2019 - Sorbitol Market size was 1.96 million tons in 2015.
The increase of the food & beverage sector in China, India, and Brazil on account of growing number of retail stores and supportive regulations to promote investments will create immense market potential.To Get Sample Report visit @ https://www.millioninsights.com/industry-reports/sorbitol-market/request-sampleLiquid sorbitol was extensively used and accounted for 82.7% of the global volume in 2015.
Growing applications of the product in the formulation of syrups, solvents, and gels on account of its sweetening effect will propel market growth over the forecast period.
Moreover, its increasing use as an excipient for pan coatings in the healthcare sector as they exhibit excellent solubilizing property will promote demand.Crystal product forms are expected to witness moderate revenue growth owing to high usage in manufacturing mint tablets, chewing gum, polydextrose and other sugar free-foodstuff including dried squid thread, roasted fish fillet, shrimp ball and frozen raw fish.Application InsightsToothpaste is projected to witness volume gains at a CAGR of 3.9% owing to increasing consumption of sorbitol for preventing dental problems including tooth decay and cavity issues.Demand for personal care products was 656.2 kilo tons in 2015.
6th January 2020 – The global Electric Scooters Market is anticipated to reach USD 28.56 billion by 2025 at a 7.3% CAGR in the forecast period.
Reduced dependency on fossil fuels and inclination toward renewable sources of energy are likely to propel the market growth during the forecast period.
Segmentation by battery for electric scooters market includes Li-ion, NiMH and SLA.
By Voltage, the segmentation for electric scooters industry include 24V, 36V, and 48V.
Asia-Pacific regions such as China, Taiwan, Korea, and Japan are likely to gain a significant market share in the forecast period.
Consumer awareness is another aspect for the market growth.
Continuous research and development for innovative and more efficient systems, launch of new, improved products and technological advancements along with rising awareness about clean drinking water are the main reasons contributing to the CAGR.According to the current analysis of Reports and Data, the global Point of Use Water Treatment Systems Market was valued at USD 14.92 Billion in 2020 and is expected to reach USD 29.64 Billion by year 2028, at a CAGR of 10.5%.
Broadly speaking, water treatment systems are of two types namely, point of entry and point of use.
For instance, if one lives, either, in an apartment or a condo, a point of use water system is considered be the easiest to install.
Increasing water pollution and the rising awareness about clean drinking water have been the major driving factors of this market.
Increasing emphasis of governments across the globe increasing emphasis on renewable energy, including grid-connected and off-grid systems is expected to stimulate market growth during the forecast period.
Top companies profiled in the report include: Pentair, Honeywell, A.O.
Latest Report Available at Advance Market Analytics, “Digital Scent Technology Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.The digital smell is basically a hardware which includes a peripheral device called the Personal Scent Synthesizer.
The hardware of digital smell produces the smell, and the software evaluate the smell equation and produce specific signals for specific smell and finally that smell is formed by the device.
For this device there is also a driver program which evaluate the digital equation for generating specific gas.The Global Digital Scent Technology Market segments and Market Data Break Down are illuminated below: by Application (Multisensory Marketing, Communication, E-Commerce, Education, Medical, Ohers), Hardware Devices (Smell Synthesizer, ISmell, Catridge) The global Digital Scent Technology market focuses on encompassing major statistical evidence for the Digital Scent Technology industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market.
A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study.
In addition the Digital Scent Technology study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.
Key players in the global Digital Scent Technology market Smiths Detection Inc. (United States),Scent Sciences Corporation (United States),ams AG (Austria),Alpha MOS SA (France),Electronics Sensor Technology (United States),ScentSational Technologies LLC (United States),Scentcom Ltd. (Israel),AIRSENSE Analytics GmbH (Germany),The eNose Company (Netherlands),Scentcom Ltd. (Israel)Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/6927-global-digital-scent-technology-market What's Trending in Market:Continuous Improvement on Digital Scent Technology SystemsChallenges:High Prices of Digital ScentRestraints:Exact Replicas Cannot Be ProducedMarket Growth Drivers:Rising Implementation of E-Nose Applications for Clinical Diagnosis The Digital Scent Technology industry report further exhibits a pattern of analyzing previous data sources gathered from reliable sources and sets a precedent growth trajectory for the Digital Scent Technology market.
SEP 30 2020: Psychiatrists Global Market Opportunities And Strategies To 2023 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global Psychiatrists market.Description:Where is the largest and fastest growing market for the Psychiatrists market?
How does the market relate to the overall economy, demography and other similar markets?
The global Psychiatrists market opportunities and strategies to 2023 report from the Business Research Company answers all these questions and many more.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/psychiatrists-global-market-opportunities-and-strategies-to-2023/request-sampleThe report covers the following chaptersExecutive Summary - The executive summary section of the report gives a brief overview and summary of the reportReport Structure - This section gives the structure of the report and the information covered in the various sections.Introduction - This section gives the segmentation of the psychiatrists market by geography, by type of mental disorder and by patient type covered in this report.Market Characteristics - The market characteristics section of the report defines and explains the psychiatrists market.
This chapter includes different goods covered in the report and basic definitions.Supply Chain - The supply chain section of the report defines and explains the key players in the psychiatrists industry supply chain.Customer Information - This chapters covers recent customers’ trends/preferences in the global psychiatrists market.Trends And Strategies - This chapter describes the major trends shaping the global psychiatrists market.
This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.PESTEL Analysis - This chapter provides the market opportunity assessment using PESTEL analysis of the global psychiatrists market.Global Market Size And Growth - This section contains the global historic (2015 - 2019) and forecast (2019 - 2023) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.Regional Analysis - This section contains the historic (2015 - 2019), forecast (2019 - 2023) market value and growth and market share comparison by region.Segmentation - This section contains the market values (2015 - 2023) and analysis for different segments in the market.Global Macro Comparison - The global psychiatrists market comparison with macro-economic factors gives the psychiatrists market size, percentage of GDP, and average psychiatrists market expenditure.Regional Market Size and Growth - This section contains the region’s market size (2019), historic and forecast (2015 - 2023) market values, and growth and market share comparison of major countries within the region.
This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.Conclusions And Recommendations - This section includes conclusions and recommendations based on findings of the research.
