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:
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Injection Pen Market: Key Vendor Offerings
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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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SOURCE Technavio
More:
- Characterization and Regulation of the Neonatal Growth Hormone Surge - Endocrine Society - December 23rd, 2024
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- Normal Physiology of Growth Hormone in Adults - Endotext - NCBI Bookshelf - November 19th, 2023
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- Growth Hormone Deficiency (GHD): Symptoms & Treatment - Cleveland Clinic - January 28th, 2023
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