Asia-Pacific Injection Pen Market Size, Share, Impressive Industry Growth, Report 2027

The Asia-Pacific injection pen market is anticipated to grow at a CAGR of 8.1% over the forecast period. The key factors that drive the growth of the injection pen industry in the Asia-Pacific region include the huge population and a large pool of diabetic patients in the region. As per the World Bank 2020, China is the second-largest economy after the US and has the world’s largest population of approximately 1.4 billion, followed by India of approximately 1.3 billion.

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Both economies hold nearly 40.0% of the total world population share. The United Nations Population Division projects that India’s population aged 50 years and older will reach 34.0% by 2050. Whereas, Beijing State Council Information Office projected that China’s aged population (above 60 years old) will reach 255 million by 2020. With a rise in the population along with the age dynamics, there is an increased chance of incidences of diabetes in the Asia-Pacific, which is expected to increase the market growth.

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Market Coverage

  • Market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Type, By Disorder Type
  • Regions Covered- Asia-Pacific
  • Competitive Landscape- Mylan N.V., Eli Lily & Co., F. Hoffmann-La Roche Ltd., Pfizer Inc., and GlaxoSmithKline Plc

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Asia-Pacific Injection Pen Market – Segmentation

By Type

  • Reusable
  • Disposable

By Disorder Type

  • Autoimmune Disorders
  • Hormonal Disorders
  • Orphan Diseases
  • Others

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