
Latin America: pen needles revenue 2020-2025
By 2025, the forecasted value of the pen needle market in Latin America is expected to rise to about 250 million U.S. dollars, an increase of over 60 percent from 150 million U.S. dollars in 2020. Pen needles combined with injection pens are used to deliver medicine such as growth hormones, insulin, and GLP-1. Types of pen needles include safety pen needles, standard pen needles, various needle lengths, and modes of purchase.