The insulin pens market was valued at $4.03 billion in 2023 and is projected to reach $6.73 billion by 2031, with an estimated value of $4.28 billion in 2024. This reflects a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2024 to 2031.Several factors are driving the market's growth. One of the key drivers is the rising prevalence of diabetes globally.
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