Europe Pen Needles Market Size & Outlook, 2023-2030

The pen needles market in Europe is expected to reach a projected revenue of US$ 2,680.9 million by 2030. A compound annual growth rate of 10.6% is expected of Europe pen needles market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,322.2
Forecast, 2030 (US$M)
$2,680.9
CAGR, 2024 - 2030
10.6%
Report Coverage
Europe

Europe pen needles market highlights

  • The Europe pen needles market generated a revenue of USD 1,322.2 million in 2023.
  • The market is expected to grow at a CAGR of 10.6% 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.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 1,322.2 million
Market revenue in 2030USD 2,680.9 million
Growth rate10.6% (CAGR from 2023 to 2030)
Largest segmentStandard pen needles
Fastest growing segmentSafety Pen Needles
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStandard Pen Needles, Safety Pen Needles
Key market players worldwideNovo 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, Europe region accounted for 37.1% of the global pen needles market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,897.7 million by 2030.

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Pen Needles Market Companies

Name Profile # Employees HQ Website

Europe 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 86.27% in 2023. Horizon Databook has segmented the Europe pen needles market based on standard pen needles, safety pen needles covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Pen Needles Product Outlook (Revenue, USD Million, 2018-2030)
    • Standard Pen Needles
    • Safety Pen Needles
  • Europe Pen Needles Needle Length Outlook (Revenue, USD Million, 2018-2030)
    • 4mm
    • 5mm
    • 6mm
    • 8mm
    • 10mm
    • 12mm
  • Europe Pen Needles Therapy Outlook (Revenue, USD Million, 2018-2030)
    • Insulin
    • Glucagon-like-peptide-1
    • Growth Hormone

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Target buyers of Europe pen needles market databook

  • Our clientele includes a mix of pen needles market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pen needles market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pen needles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe pen needles market size, by country, 2018-2030 (US$M)

Europe Pen Needles Market Outlook Share, 2023 & 2030 (US$M)

Europe pen needles market size, by country, 2018-2030 (US$M)

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