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Injection Pens Market to Grow Approximately 7.62% through 2024 The injection pens market is estimated to witness a CAGR of 7.62% to reach US$37.512 billion in 2024 from US$24.148 billion in 2018. The increasing investments by companies for technological innovations for improving convenience and ease of administration of parenteral therapeutics is expected to drive the injection pens market.