Smart Insulin Pens Market Research by Product Type (First Generation Pens & Others), Usability (Disposable Pens & Others), and Distribution Channel (Online Medical Stores, Retail Pharmacies, Hospital Pharmacies, & Others), Global Industry Share, Technology, Future Trends, Growth Analysis, Top Players and Regions–Global Forecast till 2023
The global smart insulin pens market size is expected to exhibit 10.4% CAGR during the forecast period (2018-2023) due to high prevalence of diabetes.
Furthermore, the use of these devices for the management of diabetes by the general populace in developing countries can bode well for the market during the forecast period.
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Awareness of advanced drug delivery methods need for modern treatments, and the alarming cases of diabetes can bolster the global market demand till 2023. These devices used to deliver the accurate dose of insulin to diabetics at the appropriate time. They have gained traction among diabetics due to its simplistic nature and easy to handle mechanism compared to traditional syringes.
Competition Outlook
Top Manufacturers are launching new iterations of smart insulin pens for recording the proper dosage amounts and reminders of taking insulin shots at the appropriate time. These are Some notable players of the global smart insulin pens market as Follows, Novo Nordisk A/S, Sanofi-Aventis US LLC., Lilly USA, LLC, Digital Medics Pty Ltd., Emperra GmbH E-Health Technologies, Companion Medical, Biocorp, Diamesco Co., Ltd., Smiths Medical, NIPRO Medical Corporation, and InjexUK.
Smart Insulin Pens Market Segmentation
The global smart insulin pens market has been segmented on the basis of product type, usability, and distribution channel.
the smart insulin pens market On the basis of product type into first-generation pens and second-generation pens. The second-generation pens segment has been further divided into Bluetooth-enabled and USB connected.
the smart insulin pens market By usability segments into disposable pens and reusable pens. Reusable insulin pens segment is likely to be the fastest growing segment during the forecast period.
the smart insulin pens market has been segmented by distribution channel into retail pharmacies, diabetes clinics, online medical stores, and hospital pharmacies.
TABLE OF CONTENTS:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Smart Insulin Pens Market, by Product Type
6.1 Introduction
6.2 First Generation Pens
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
6.3 Second Generation Pens
6.3.1 Bluetooth-Enabled
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
6.3.2 USB Connected
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
Chapter 7. Global Smart Insulin Pens Market, by Usability
7.1 Introduction
7.2 Disposable Pens
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
7.3 Reusable Pens
…Continued.
This can spark the demand for smart insulin pens for proper management of diabetes. Co-pay assistance and medical reimbursement policies covering the purveying of these devices can ensure the continuous sales.
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Global Smart Insulin Pens Market, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
Americas
North America
US
Canada
South America
Europe
Western Europe
Germany
France
Italy
Spain
UK
Rest of Western Europe
Eastern Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Middle East
Africa
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