Australia Pen Needles Market Size & Outlook, 2023-2030
Australia pen needles market, 2018-2030 (US$M)
Related Markets
Australia pen needles market highlights
- The Australia pen needles market generated a revenue of USD 87.2 million in 2023 and is expected to reach USD 198.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, standard pen needles was the largest revenue generating product in 2023.
- Safety Pen Needles is the most lucrative product segment registering the fastest growth during the forecast period.
Pen needles market data book summary
| Market revenue in 2023 | USD 87.2 million |
| Market revenue in 2030 | USD 198.8 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Standard pen needles |
| Fastest growing segment | Safety Pen Needles |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Standard Pen Needles, Safety Pen Needles |
| Key market players worldwide | Novo Nordisk A/S ADR, Becton Dickinson & Co, Terumo Corp, Owen Mumford, Ypsomed Holding AG, B. Braun, Artsana S.p.A. |
Other key industry trends
- In terms of revenue, Australia accounted for 2.4% of the global pen needles market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pen needles market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 686.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pen Needles Market Scope
Pen Needles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia pen needles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pen needles market will help companies and investors design strategic landscapes.
Standard pen needles was the largest segment with a revenue share of 90.71% in 2023. Horizon Databook has segmented the Australia pen needles market based on standard pen needles, safety pen needles covering the revenue growth of each sub-segment from 2018 to 2030.
- Australia Pen Needles Product Outlook (Revenue, USD Million, 2018-2030)
- Standard Pen Needles
- Safety Pen Needles
- Australia Pen Needles Needle Length Outlook (Revenue, USD Million, 2018-2030)
- 4mm
- 5mm
- 6mm
- 8mm
- 10mm
- 12mm
- Australia Pen Needles Therapy Outlook (Revenue, USD Million, 2018-2030)
- Insulin
- Glucagon-like-peptide-1
- Growth Hormone
Reasons to subscribe to Australia pen needles market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia pen needles market databook
-
Our clientele includes a mix of pen needles market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia pen needles market , including forecasts for subscribers. This country databook contains high-level insights into Australia pen needles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia pen needles market size, by product, 2018-2030 (US$M)
Australia Pen Needles Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
