The worldwide Insulin Pens Market was valued at USD 6.31 Billion in 2022 and is anticipated to reach USD 12.51 Billion by 2032, exhibiting a rapid compound annual growth rate (CAGR) of 7.9% during the forecast period. The growth in market revenue is primarily attributed to several factors, including the rising number of elderly individuals, the increasing prevalence of diabetes on a global scale, and advancements in insulin delivery techniques. Insulin pens have gained popularity among patients due to their practicality, accuracy, and discreetness in treating diabetes. Additionally, the market is being propelled by the ease of use, portability, and precision of insulin pens compared to conventional insulin delivery devices.

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