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(Medical-NewsWire.com, February 23, 2017 ) According to the report Latin America Pen Needles Market, published by market Data Forecast, the market is projected to reach USD 0.21 billion by 2021, at a CAGR of 11.25% from 2016 to 2021.
For full report refer to http://www.marketdataforecast.com/market-reports/latin-america-pen-needles-market-181/
Needles used to be sharp in the past which was quite troubling for diabetes patients who require Multiple insulin Infusion every day. Technology has improved to the point that needles are replaced by pen needles which are short and pain free. These are used along with Infusion pen
Free sample for the report is available at http://www.marketdataforecast.com/market-reports/latin-america-pen-needles-market-181/request-sample
Increasing number of aging population & diabetes patient population, rising number of technological advancements for insulin delivery, and government initiatives towards the diabetes conditions are driving the growth of Latin America pen needles market.
Enquire more about the report at http://www.marketdataforecast.com/market-reports/latin-america-pen-needles-market-181/inquire
Market Segmentation:
On the basis of Therapy
Insulin Therapy
GLP-1 Therapy
Growth Hormone Therapy
On the basis of Type
Standard Needles
Safety Needles
On the basis of Needle Length
4mm
6mm
8mm
10mm
12mm
On the basis of Mode of Purchase
Retail
Non-retail
Becton, Dickinson and Company, Novo Nordisk A/S, and Ypsomed Holding AG are the major players accounting for major share of the pen needles market in 2016. Other players include UltiMed, Inc., Allison Medical, Inc., Owen Mumford, Ltd., B. Braun Melsungen, Artsana S.p.a., HTL-STREFA S.A. ,and Terumo Corporation among others.
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The Latin America Pen Needles market study offers the following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Market Data Forecast
Abhishek
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Source: EmailWire.Com 
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