Asia Pacific Lancet Pen Needels Market

ID: MRFR/MED/0187-HCR

90 Pages

Kinjoll Dey

October 2025

Lancet and Pen Needles Market Research Report, By Therapy (Insulin, (GLP-1), Growth Hormones), Gauge (17/18G, 21G, 23G), Needle Length (4mm, 8mm, 12mm), And End Users (Medical Institutions & Research Organizations) – The Asia Pacific Forecast till 2035

Asia Pacific Lancet Pen Needels Market Infographic

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Summary Table of Contents Segmentation Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Asia Pacific Lancet Pen Needels Market Summary

The Asia-Pacific Lancet and Pen Needles market is projected to grow significantly from 1.95 USD Billion in 2024 to 4.93 USD Billion by 2035.

Key Market Trends & Highlights

Asia Pacific Lancet and Pen Needles Key Trends and Highlights

The market is expected to expand at a compound annual growth rate (CAGR) of 8.81% from 2025 to 2035.
By 2035, the market value is anticipated to reach 4.93 USD Billion, indicating robust growth potential.
In 2024, the market is valued at 1.95 USD Billion, laying a strong foundation for future expansion.
Growing adoption of advanced pen needle technology due to increasing prevalence of diabetes is a major market driver.

Asia Pacific Lancet Pen Needels Market

CAGR

8.81%

Market Size & Forecast

2024 Market Size	1.95 (USD Billion)
2035 Market Size	4.93 (USD Billion)
CAGR (2025-2035)	8.81%

Major Players

BD. (U.S.), Novo Nordisk A/S (Europe), Ypsomed (Europe), B. Braun Melsungen AG (Europe), HTL-STREFA (Europe), Terumo Corporation (Asia Pacific), Artsana S.p.A. (Europe), Owen Mumford Ltd. (Europe)

Key Companies in the Asia Pacific Lancet Pen Needels Market market include

Industry Developments

February 2024: Eli Lilly hopes to launch its bestselling antidiabetic medication, specified as Mounjaro (tripeptide), which will be around early next year. Indian health regulatory bodies, including Mounjaro, are currently investigating this.

According to Minister Mykhailo Fedorov for Digital Transformation in Ukraine, contracts will be signed first about the mass production of attack drones similar to Russian Lancet drones in February 2024. Among them is the kamikaze drone Lancet manufactured by ZALA Aero Group, which has a range of forty kilometers and belongs to Kalashnikov Concern’s large enterprise division, Russian Armaments Manufacturer.

June 2023: Shilpa Biologicals Private Limited (SBPL), a wholly owned subsidiary of Shilpa Medicare Limited (SML), was granted marketing authorization for its Adalimumab injection in prefilled syringe (PFS). It is a biosimilar for high concentration adalimumab formulation for rheumatoid arthritis treatment.

During CPHI Japan 2023, SHL Medical introduced Molly modular platform autoinjectors with pre-installed Needle Isolation Technology (NIT).

September 2022: The Microsoft and Novo Nordisk partnership was announced in September 2022, merging computational services, cloud computing AI and knowledge thirst in drug development as well as Novo Nordisk’s data engineering services.

On September 2022, Novo Nordisk acquired Forma Therapeutics. That company is committed to changing lives of Sickle cell disease (SCD) patients among other rare blood diseases.

Market Segmentation

Intended Audience

Pharmaceutical companies
Biotechnological institutes
Government and Private Laboratories
Research and Development (R&D) Companies
Medical Research Laboratories
Market Research and Consulting Service Providers

Asia Pacific Lancet and Pen Needles Market Overview

Pharmaceutical companies
Biotechnological institutes
Government and Private Laboratories
Research and Development (R&D) Companies
Medical Research Laboratories
Market Research and Consulting Service Providers

Key Players for Asia Pacific Lancet and Pen Needles Market

BD. (U.S.)
Novo Nordisk A/S (Europe)
Ypsomed (Europe)
B. Braun Melsungen AG (Europe)
HTL-STREFA (Europe)
Terumo Corporation (Asia Pacific)
Artsana S.p.A. (Europe)
Owen Mumford Ltd. (Europe)

Report Scope

Attribute/Metric	Details
Market Size 2030	USD 3.45 Billion 2032
Compound Annual Growth Rate (CAGR)	12.67% 2032
Base Year	2021
Market Forecast Period	2024-2032
Historical Data	2018 - 2021
Market Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Product, technology, application, and end-users.
Geographies Covered	Americas, Europe, Asia Pacific and the Middle East and Africa
Countries Covered	China, Japan, India, Australia, South Korea, Australia, Rest of Asia-Pacific
Key Companies Profiled	BD. (U.S.), Novo Nordisk A/S (Europe), Ypsomed (Europe), B. Braun Melsungen AG (Europe), HTL-STREFA (Europe), Terumo Corporation (Asia Pacific), Artsana S.p.A. (Europe), Owen Mumford Ltd. (Europe).
Key Market Opportunities	Key market opportunities in the Asia Pacific lancet and pen needles market include rising diabetes prevalence, increasing healthcare expenditure, and growing awareness about advanced diabetes management technologies.
Key Market Dynamics	The key market dynamics for the Asia Pacific lancet and pen needles market include rising diabetes prevalence, increasing adoption of self-monitoring blood glucose devices, technological advancements in needle design, growing awareness and patient education, and expanding healthcare infrastructure.

Market Highlights

Author

Kinjoll Dey

Research Analyst Level I

He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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