India Pen Needles Market (2025-2031) Outlook | Size, Companies, Forecast, Value, Share, Trends, Analysis, Industry, Revenue & Growth

Market Forecast By Type (Standard pen needles, Safety pen needles), By Length (4mm, 5mm, 6mm, 8mm, 10mm, 12mm), By Therapy (Insulin therapy, Glucagon-like Peptide-1 (GLP-1) therapy, Growth hormone therapy, Other therapies) And Competitive Landscape
Product Code: ETC4469725 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Pen Needles Market Import Shipment Trend (2020-2024)

The India pen needles market import shipments demonstrated a robust upward trajectory from 2020 to 2024, with a notable CAGR of 19.5%. Growth accelerated further between 2023 and 2024, with a significant rate of 31.7%. The market expanded consistently, indicating strong momentum and a positive overall trend.

Graph Showing India pen needles market Shipment Trend & Volume from 2020-2024

India Pen Needles Market Overview

Pen needles are an integral component of insulin delivery for diabetic patients. As the prevalence of diabetes increases in India, the demand for pen needles is on the rise. Pen needle manufacturers are offering advanced features such as ultra-thin needles and safety mechanisms to improve patient experience and safety.

Drivers of the Market

The India Pen Needles Market is witnessing growth driven by the increasing prevalence of diabetes and the shift toward self-administration of insulin by patients. Pen needles offer a convenient and less painful method for insulin delivery. The market is also being bolstered by technological advancements that improve needle design and ease of use.

Challenges of the Market

The India pen needles market confronts challenges related to healthcare access and affordability. While the demand for pen needles is growing due to the rising prevalence of diabetes, a significant portion of the India population still lacks access to quality healthcare. The cost of pen needles and related diabetes management products can be prohibitive for many. Furthermore, patient education and awareness about proper insulin delivery are essential challenges. Ensuring that patients are correctly using pen needles to manage their condition is vital for their health and the market`s growth.

COVID-19 Impact on the Market

The COVID-19 pandemic had a noticeable impact on the India pen needles market. The increased focus on self-administered medications and the management of chronic conditions led to higher demand for pen needles. As people sought to reduce the need for healthcare facility visits, the convenience and safety of pen needles became more apparent. This trend is expected to continue as healthcare consumers become more proactive in managing their health and medication needs.

Key Players in the Market

Companies like Becton Dickinson, Novo Nordisk, Ypsomed, and Terumo are significant in India pen needles market.

Key Highlights of the Report:

  • India Pen Needles Market Outlook
  • Market Size of India Pen Needles Market, 2024
  • Forecast of India Pen Needles Market, 2031
  • Historical Data and Forecast of India Pen Needles Revenues & Volume for the Period 2021-2031
  • India Pen Needles Market Trend Evolution
  • India Pen Needles Market Drivers and Challenges
  • India Pen Needles Price Trends
  • India Pen Needles Porter's Five Forces
  • India Pen Needles Industry Life Cycle
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Standard pen needles for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Safety pen needles for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Length for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By 4mm for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By 5mm for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By 6mm for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By 8mm for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By 10mm for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By 12mm for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Therapy for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Insulin therapy for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Glucagon-like Peptide-1 (GLP-1) therapy for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Growth hormone therapy for the Period 2021-2031
  • Historical Data and Forecast of India Pen Needles Market Revenues & Volume By Other therapies for the Period 2021-2031
  • India Pen Needles Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Length
  • Market Opportunity Assessment By Therapy
  • India Pen Needles Top Companies Market Share
  • India Pen Needles Competitive Benchmarking By Technical and Operational Parameters
  • India Pen Needles Company Profiles
  • India Pen Needles Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Pen Needles Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Pen Needles Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Pen Needles Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Pen Needles Market Revenues & Volume, 2021 & 2031F

3.3 India Pen Needles Market - Industry Life Cycle

3.4 India Pen Needles Market - Porter's Five Forces

3.5 India Pen Needles Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Pen Needles Market Revenues & Volume Share, By Length, 2021 & 2031F

3.7 India Pen Needles Market Revenues & Volume Share, By Therapy, 2021 & 2031F

4 India Pen Needles Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing prevalence of diabetes in India

4.2.2 Growing awareness about the importance of insulin delivery devices

4.2.3 Technological advancements in pen needle design and functionality

4.3 Market Restraints

4.3.1 Lack of proper healthcare infrastructure in rural areas

4.3.2 High cost associated with advanced pen needle devices

4.3.3 Stringent regulatory requirements for product approval

5 India Pen Needles Market Trends

6 India Pen Needles Market, By Types

6.1 India Pen Needles Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Pen Needles Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Pen Needles Market Revenues & Volume, By Standard pen needles, 2021-2031F

6.1.4 India Pen Needles Market Revenues & Volume, By Safety pen needles, 2021-2031F

6.2 India Pen Needles Market, By Length

6.2.1 Overview and Analysis

6.2.2 India Pen Needles Market Revenues & Volume, By 4mm, 2021-2031F

6.2.3 India Pen Needles Market Revenues & Volume, By 5mm, 2021-2031F

6.2.4 India Pen Needles Market Revenues & Volume, By 6mm, 2021-2031F

6.2.5 India Pen Needles Market Revenues & Volume, By 8mm, 2021-2031F

6.2.6 India Pen Needles Market Revenues & Volume, By 10mm, 2021-2031F

6.2.7 India Pen Needles Market Revenues & Volume, By 12mm, 2021-2031F

6.3 India Pen Needles Market, By Therapy

6.3.1 Overview and Analysis

6.3.2 India Pen Needles Market Revenues & Volume, By Insulin therapy, 2021-2031F

6.3.3 India Pen Needles Market Revenues & Volume, By Glucagon-like Peptide-1 (GLP-1) therapy, 2021-2031F

6.3.4 India Pen Needles Market Revenues & Volume, By Growth hormone therapy, 2021-2031F

6.3.5 India Pen Needles Market Revenues & Volume, By Other therapies, 2021-2031F

7 India Pen Needles Market Import-Export Trade Statistics

7.1 India Pen Needles Market Export to Major Countries

7.2 India Pen Needles Market Imports from Major Countries

8 India Pen Needles Market Key Performance Indicators

8.1 Adoption rate of pen needles among diabetes patients

8.2 Rate of new product launches and innovations in the pen needle market

8.3 Number of partnerships and collaborations between key players in the industry

9 India Pen Needles Market - Opportunity Assessment

9.1 India Pen Needles Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Pen Needles Market Opportunity Assessment, By Length, 2021 & 2031F

9.3 India Pen Needles Market Opportunity Assessment, By Therapy, 2021 & 2031F

10 India Pen Needles Market - Competitive Landscape

10.1 India Pen Needles Market Revenue Share, By Companies, 2024

10.2 India Pen Needles Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All