The European injection pen market is anticipated to grow at a CAGR of 7.4% over the forecast period. The key factors that drive the growth of the market in the region include easy availability of these devices in the region owing to the presence of key players such as Sanofi SA, Novo Nordisk AS, F. Hoffmann-La Roche Ltd. among many others which are pioneers in innovation, design, and manufacture of the injection pen.
Some of the instances of the injection pen provided by the companies include the AllStar Pro pen injector which is a reusable pen injector for the drug delivery to the patient. Further, Novo Nordisk’s NovoPen 6 and NovoPen Echo Plus are connected pens are reusable and include a tiny screen that displays the last dose that is approved in Europe (CE marked) for the use. Hence, this is likely to drive the growth of the European injection pen industry over the forecast period.
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The major countries of Europe including the UK, France, Germany, Italy, Spain, and the Rest of Europe support the market growth. Increasing cases of diabetes in these countries has more individuals taking insulin, which could also be self-taken using an insulin pen. As per the Diabetes UK, in 2019, there were almost 3.7 million people who were diagnosed with diabetes in the country; IDF recorded more than 3 million cases of diabetes in France in 2019; as per a 2019 report by the German Diabetes Center (DDZ), more than 7.2% of the population in Germany suffers from diabetes. Thus, this creates a scope for market growth in the major economies of Europe over the forecast period.
Europe Injection Pen Market – Segmentation
By Type
- Reusable
- Disposable
By Disorder Type
- Autoimmune Disorders
- Hormonal Disorders
- Orphan Diseases
- Others
Europe Injection Pen Market – Countries Covered
- UK
- Germany
- France
- Italy
- Rest of Europe
A full report of European Injection Pen Market is available at: https://www.omrglobal.com/industry-reports/european-injection-pen-market
European Injection Pen Market– Segment by Region
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- AstraZeneca Plc
- Bayer AG
- Biocorp Production SA
- Eli Lilly and Co.
- Hoffmann-La Roche Ltd.
- Gerresheimer AG
- GlaxoSmithKline Plc
- Haselmeier GmbH
- Merck KGaA
- Mylan N.V.
- Novartis International AG
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