Smart Insulin Pens - Global Market Outlook (2017-2023)

October 2017 | 185 pages | ID: SB1A5E288D7EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Smart Insulin Pens Market is accounted for $58 million in 2016 and expected to grow at a CAGR of 12.2% to reach $130 million by 2023. Factors influencing the market growth are concerns for continuous glucose monitoring, introducing devices with smart connectivity and increasing diabetic patient pool. In addition, demand for personalized or patient centric devices and preventing the needle stick injury provide opportunity for the market. However, blood sugar control is the most challenging aspect as well as security concern and high costs of smart pens are restraining the market growth.

Based on type, Bluetooth connected smart insulin pens logs injected insulin doses directly to the patient’s digital blood glucose through the Bluetooth wireless interface. The software records each dose accurately and transfers readings into MRAM, and waits for activation of the Bluetooth Smart radio. If, the insulin delivery data doesn’t transfer to the phone then, it’s stored in the pen, gets ready for the next attempt as soon as the capacitor is recharged. Bluetooth Smart SoC is a unique and effective concept for insulin delivery pens. The pen has combination with other electronic tools, which can lead to glucose control accessible and affordable, which in turn assists in reducing complications and helps patients lead longer lives. BULE (or Bluetooth Smart) technology provides secure 128 bit encrypted data transfer capabilities.

North America dominated the smart insulin pens market owing to high persistence of obsolete syringe technology and rising prevalence of diabetes. However, Asia Pacific is the fastest growing market due to increase in prevalence with age and provides new treatment opportunities.

Some of the key players in the Global Smart Insulin Pens market are Companion Medical Inc, Digital Medics Ptd Ltd, Eli Lilly and Company, Novo Nordisk A/S, DIAMESCO, Roche, Insulet, Cardiocomm Solutions, BioSampling, Megasan Medical, Emperra GmbH E-Health Technologies, Nipro, Jiangsu Delfu medical device Co.,Ltd and Sanofi Diabetes.

Usabilities Covered:

• Reusable Pens
• Pre-Filled Pens

Indications Covered:

• Diabetes Type I
• Diabetes Type II

Types Covered:

• Second Generation Pens
• USB connected pens
• Bluetooth-enabled pens
• First Generation Pens

Distribution Channels Covered:

• Ambulatory Surgical Centers
• Home Care Settings
• Hospitals & Clinics
• Retail Pharmacies
• e-Commerce

Fabrications Covered:

• Plastic
• Metal

Technologies Covered:

• Bluetooth
• Jet Injectors
• Spring loaded

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL SMART INSULIN PENS MARKET, BY USABILITY

5.1 Introduction
5.2 Reusable Pens
5.3 Pre-Filled Pens

6 GLOBAL SMART INSULIN PENS MARKET, BY INDICATION

6.1 Introduction
6.2 Diabetes Type I
6.3 Diabetes Type II

7 GLOBAL SMART INSULIN PENS MARKET, BY TYPE

7.1 Introduction
7.2 Second Generation Pens
  7.2.1 USB connected pens
  7.2.2 Bluetooth-enabled pens
7.3 First Generation Pens

8 GLOBAL SMART INSULIN PENS MARKET, BY DISTRIBUTION CHANNEL

8.1 Introduction
8.2 Ambulatory Surgical Centers
8.3 Home Care Settings
8.4 Hospitals & Clinics
8.5 Retail Pharmacies
8.6 e-Commerce

9 GLOBAL SMART INSULIN PENS MARKET, BY FABRICATION

9.1 Introduction
9.2 Plastic
9.3 Metal

10 GLOBAL SMART INSULIN PENS MARKET, BY TECHNOLOGY

10.1 Introduction
10.2 Bluetooth
10.3 Jet Injectors
10.4 Spring loaded

11 GLOBAL SMART INSULIN PENS MARKET, BY GEOGRAPHY

11.1 Introduction
11.2 North America
  11.2.1 US
  11.2.2 Canada
  11.2.3 Mexico
11.3 Europe
  11.3.1 Germany
  11.3.2 UK
  11.3.3 Italy
  11.3.4 France
  11.3.5 Spain
  11.3.6 Rest of Europe
11.4 Asia Pacific
  11.4.1 Japan
  11.4.2 China
  11.4.3 India
  11.4.4 Australia
  11.4.5 New Zealand
  11.4.6 South Korea
  11.4.7 Rest of Asia Pacific
11.5 South America
  11.5.1 Argentina
  11.5.2 Brazil
  11.5.3 Chile
  11.5.4 Rest of South America
11.6 Middle East & Africa
  11.6.1 Saudi Arabia
  11.6.2 UAE
  11.6.3 Qatar
  11.6.4 South Africa
  11.6.5 Rest of Middle East & Africa

12 KEY DEVELOPMENTS

12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 COMPANY PROFILING

13.1 Companion Medical Inc
13.2 Digital Medics Ptd Ltd
13.3 Eli Lilly and Company
13.4 Novo Nordisk A/S
13.5 DIAMESCO
13.6 Roche
13.7 Insulet
13.8 Cardiocomm Solutions
13.9 BioSampling
13.10 Megasan Medical
13.11 Emperra GmbH E-Health Technologies
13.12 Nipro
13.13 Jiangsu Delfu medical device Co.,Ltd
13.14 Sanofi Diabetes

List Of Tables

LIST OF TABLES

Table 1 Global Smart Insulin Pens Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Smart Insulin Pens Market Outlook, By Usability (2014-2023) ($MN)
Table 3 Global Smart Insulin Pens Market Outlook, By Reusable Pens (2014-2023) ($MN)
Table 4 Global Smart Insulin Pens Market Outlook, By Pre-Filled Pens (2014-2023) ($MN)
Table 5 Global Smart Insulin Pens Market Outlook, By Indication (2014-2023) ($MN)
Table 6 Global Smart Insulin Pens Market Outlook, By Diabetes Type I (2014-2023) ($MN)
Table 7 Global Smart Insulin Pens Market Outlook, By Diabetes Type II (2014-2023) ($MN)
Table 8 Global Smart Insulin Pens Market Outlook, By Type (2014-2023) ($MN)
Table 9 Global Smart Insulin Pens Market Outlook, By Second Generation Pens (2014-2023) ($MN)
Table 10 Global Smart Insulin Pens Market Outlook, By USB connected pens (2014-2023) ($MN)
Table 11 Global Smart Insulin Pens Market Outlook, By Bluetooth-enabled pens (2014-2023) ($MN)
Table 12 Global Smart Insulin Pens Market Outlook, By First Generation Pens (2014-2023) ($MN)
Table 13 Global Smart Insulin Pens Market Outlook, By Distribution Channel (2014-2023) ($MN)
Table 14 Global Smart Insulin Pens Market Outlook, By Ambulatory Surgical Centers (2014-2023) ($MN)
Table 15 Global Smart Insulin Pens Market Outlook, By Home Care Settings (2014-2023) ($MN)
Table 16 Global Smart Insulin Pens Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 17 Global Smart Insulin Pens Market Outlook, By Retail Pharmacies (2014-2023) ($MN)
Table 18 Global Smart Insulin Pens Market Outlook, By e-Commerce (2014-2023) ($MN)
Table 19 Global Smart Insulin Pens Market Outlook, By Fabrication (2014-2023) ($MN)
Table 20 Global Smart Insulin Pens Market Outlook, By Plastic (2014-2023) ($MN)
Table 21 Global Smart Insulin Pens Market Outlook, By Metal (2014-2023) ($MN)
Table 22 Global Smart Insulin Pens Market Outlook, By Technology (2014-2023) ($MN)
Table 23 Global Smart Insulin Pens Market Outlook, By Bluetooth (2014-2023) ($MN)
Table 24 Global Smart Insulin Pens Market Outlook, By Jet Injectors (2014-2023) ($MN)
Table 25 Global Smart Insulin Pens Market Outlook, By Spring loaded (2014-2023) ($MN)
Table 26 North America Smart Insulin Pens Market Outlook, By Country (2014-2023) ($MN)
Table 27 North America Smart Insulin Pens Market Outlook, By Usability (2014-2023) ($MN)
Table 28 North America Smart Insulin Pens Market Outlook, By Reusable Pens (2014-2023) ($MN)
Table 29 North America Smart Insulin Pens Market Outlook, By Pre-Filled Pens (2014-2023) ($MN)
Table 30 North America Smart Insulin Pens Market Outlook, By Indication (2014-2023) ($MN)
Table 31 North America Smart Insulin Pens Market Outlook, By Diabetes Type I (2014-2023) ($MN)
Table 32 North America Smart Insulin Pens Market Outlook, By Diabetes Type II (2014-2023) ($MN)
Table 33 North America Smart Insulin Pens Market Outlook, By Type (2014-2023) ($MN)
Table 34 North America Smart Insulin Pens Market Outlook, By Second Generation Pens (2014-2023) ($MN)
Table 35 North America Smart Insulin Pens Market Outlook, By USB connected pens (2014-2023) ($MN)
Table 36 North America Smart Insulin Pens Market Outlook, By Bluetooth-enabled pens (2014-2023) ($MN)
Table 37 North America Smart Insulin Pens Market Outlook, By First Generation Pens (2014-2023) ($MN)
Table 38 North America Smart Insulin Pens Market Outlook, By Distribution Channel (2014-2023) ($MN)
Table 39 North America Smart Insulin Pens Market Outlook, By Ambulatory Surgical Centers (2014-2023) ($MN)
Table 40 North America Smart Insulin Pens Market Outlook, By Home Care Settings (2014-2023) ($MN)
Table 41 North America Smart Insulin Pens Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 42 North America Smart Insulin Pens Market Outlook, By Retail Pharmacies (2014-2023) ($MN)
Table 43 North America Smart Insulin Pens Market Outlook, By e-Commerce (2014-2023) ($MN)
Table 44 North America Smart Insulin Pens Market Outlook, By Fabrication (2014-2023) ($MN)
Table 45 North America Smart Insulin Pens Market Outlook, By Plastic (2014-2023) ($MN)
Table 46 North America Smart Insulin Pens Market Outlook, By Metal (2014-2023) ($MN)
Table 47 North America Smart Insulin Pens Market Outlook, By Technology (2014-2023) ($MN)
Table 48 North America Smart Insulin Pens Market Outlook, By Bluetooth (2014-2023) ($MN)
Table 49 North America Smart Insulin Pens Market Outlook, By Jet Injectors (2014-2023) ($MN)
Table 50 North America Smart Insulin Pens Market Outlook, By Spring loaded (2014-2023) ($MN)
Table 51 Europe Smart Insulin Pens Market Outlook, By Country (2014-2023) ($MN)
Table 52 Europe Smart Insulin Pens Market Outlook, By Usability (2014-2023) ($MN)
Table 53 Europe Smart Insulin Pens Market Outlook, By Reusable Pens (2014-2023) ($MN)
Table 54 Europe Smart Insulin Pens Market Outlook, By Pre-Filled Pens (2014-2023) ($MN)
Table 55 Europe Smart Insulin Pens Market Outlook, By Indication (2014-2023) ($MN)
Table 56 Europe Smart Insulin Pens Market Outlook, By Diabetes Type I (2014-2023) ($MN)
Table 57 Europe Smart Insulin Pens Market Outlook, By Diabetes Type II (2014-2023) ($MN)
Table 58 Europe Smart Insulin Pens Market Outlook, By Type (2014-2023) ($MN)
Table 59 Europe Smart Insulin Pens Market Outlook, By Second Generation Pens (2014-2023) ($MN)
Table 60 Europe Smart Insulin Pens Market Outlook, By USB connected pens (2014-2023) ($MN)
Table 61 Europe Smart Insulin Pens Market Outlook, By Bluetooth-enabled pens (2014-2023) ($MN)
Table 62 Europe Smart Insulin Pens Market Outlook, By First Generation Pens (2014-2023) ($MN)
Table 63 Europe Smart Insulin Pens Market Outlook, By Distribution Channel (2014-2023) ($MN)
Table 64 Europe Smart Insulin Pens Market Outlook, By Ambulatory Surgical Centers (2014-2023) ($MN)
Table 65 Europe Smart Insulin Pens Market Outlook, By Home Care Settings (2014-2023) ($MN)
Table 66 Europe Smart Insulin Pens Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 67 Europe Smart Insulin Pens Market Outlook, By Retail Pharmacies (2014-2023) ($MN)
Table 68 Europe Smart Insulin Pens Market Outlook, By e-Commerce (2014-2023) ($MN)
Table 69 Europe Smart Insulin Pens Market Outlook, By Fabrication (2014-2023) ($MN)
Table 70 Europe Smart Insulin Pens Market Outlook, By Plastic (2014-2023) ($MN)
Table 71 Europe Smart Insulin Pens Market Outlook, By Metal (2014-2023) ($MN)
Table 72 Europe Smart Insulin Pens Market Outlook, By Technology (2014-2023) ($MN)
Table 73 Europe Smart Insulin Pens Market Outlook, By Bluetooth (2014-2023) ($MN)
Table 74 Europe Smart Insulin Pens Market Outlook, By Jet Injectors (2014-2023) ($MN)
Table 75 Europe Smart Insulin Pens Market Outlook, By Spring loaded (2014-2023) ($MN)
Table 76 Asia Pacific Smart Insulin Pens Market Outlook, By Country (2014-2023) ($MN)
Table 77 Asia Pacific Smart Insulin Pens Market Outlook, By Usability (2014-2023) ($MN)
Table 78 Asia Pacific Smart Insulin Pens Market Outlook, By Reusable Pens (2014-2023) ($MN)
Table 79 Asia Pacific Smart Insulin Pens Market Outlook, By Pre-Filled Pens (2014-2023) ($MN)
Table 80 Asia Pacific Smart Insulin Pens Market Outlook, By Indication (2014-2023) ($MN)
Table 81 Asia Pacific Smart Insulin Pens Market Outlook, By Diabetes Type I (2014-2023) ($MN)
Table 82 Asia Pacific Smart Insulin Pens Market Outlook, By Diabetes Type II (2014-2023) ($MN)
Table 83 Asia Pacific Smart Insulin Pens Market Outlook, By Type (2014-2023) ($MN)
Table 84 Asia Pacific Smart Insulin Pens Market Outlook, By Second Generation Pens (2014-2023) ($MN)
Table 85 Asia Pacific Smart Insulin Pens Market Outlook, By USB connected pens (2014-2023) ($MN)
Table 86 Asia Pacific Smart Insulin Pens Market Outlook, By Bluetooth-enabled pens (2014-2023) ($MN)
Table 87 Asia Pacific Smart Insulin Pens Market Outlook, By First Generation Pens (2014-2023) ($MN)
Table 88 Asia Pacific Smart Insulin Pens Market Outlook, By Distribution Channel (2014-2023) ($MN)
Table 89 Asia Pacific Smart Insulin Pens Market Outlook, By Ambulatory Surgical Centers (2014-2023) ($MN)
Table 90 Asia Pacific Smart Insulin Pens Market Outlook, By Home Care Settings (2014-2023) ($MN)
Table 91 Asia Pacific Smart Insulin Pens Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 92 Asia Pacific Smart Insulin Pens Market Outlook, By Retail Pharmacies (2014-2023) ($MN)
Table 93 Asia Pacific Smart Insulin Pens Market Outlook, By e-Commerce (2014-2023) ($MN)
Table 94 Asia Pacific Smart Insulin Pens Market Outlook, By Fabrication (2014-2023) ($MN)
Table 95 Asia Pacific Smart Insulin Pens Market Outlook, By Plastic (2014-2023) ($MN)
Table 96 Asia Pacific Smart Insulin Pens Market Outlook, By Metal (2014-2023) ($MN)
Table 97 Asia Pacific Smart Insulin Pens Market Outlook, By Technology (2014-2023) ($MN)
Table 98 Asia Pacific Smart Insulin Pens Market Outlook, By Bluetooth (2014-2023) ($MN)
Table 99 Asia Pacific Smart Insulin Pens Market Outlook, By Jet Injectors (2014-2023) ($MN)
Table 100 Asia Pacific Smart Insulin Pens Market Outlook, By Spring loaded (2014-2023) ($MN)
Table 101 South America Smart Insulin Pens Market Outlook, By Country (2014-2023) ($MN)
Table 102 South America Smart Insulin Pens Market Outlook, By Usability (2014-2023) ($MN)
Table 103 South America Smart Insulin Pens Market Outlook, By Reusable Pens (2014-2023) ($MN)
Table 104 South America Smart Insulin Pens Market Outlook, By Pre-Filled Pens (2014-2023) ($MN)
Table 105 South America Smart Insulin Pens Market Outlook, By Indication (2014-2023) ($MN)
Table 106 South America Smart Insulin Pens Market Outlook, By Diabetes Type I (2014-2023) ($MN)
Table 107 South America Smart Insulin Pens Market Outlook, By Diabetes Type II (2014-2023) ($MN)
Table 108 South America Smart Insulin Pens Market Outlook, By Type (2014-2023) ($MN)
Table 109 South America Smart Insulin Pens Market Outlook, By Second Generation Pens (2014-2023) ($MN)
Table 110 South America Smart Insulin Pens Market Outlook, By USB connected pens (2014-2023) ($MN)
Table 111 South America Smart Insulin Pens Market Outlook, By Bluetooth-enabled pens (2014-2023) ($MN)
Table 112 South America Smart Insulin Pens Market Outlook, By First Generation Pens (2014-2023) ($MN)
Table 113 South America Smart Insulin Pens Market Outlook, By Distribution Channel (2014-2023) ($MN)
Table 114 South America Smart Insulin Pens Market Outlook, By Ambulatory Surgical Centers (2014-2023) ($MN)
Table 115 South America Smart Insulin Pens Market Outlook, By Home Care Settings (2014-2023) ($MN)
Table 116 South America Smart Insulin Pens Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 117 South America Smart Insulin Pens Market Outlook, By Retail Pharmacies (2014-2023) ($MN)
Table 118 South America Smart Insulin Pens Market Outlook, By e-Commerce (2014-2023) ($MN)
Table 119 South America Smart Insulin Pens Market Outlook, By Fabrication (2014-2023) ($MN)
Table 120 South America Smart Insulin Pens Market Outlook, By Plastic (2014-2023) ($MN)
Table 121 South America Smart Insulin Pens Market Outlook, By Metal (2014-2023) ($MN)
Table 122 South America Smart Insulin Pens Market Outlook, By Technology (2014-2023) ($MN)
Table 123 South America Smart Insulin Pens Market Outlook, By Bluetooth (2014-2023) ($MN)
Table 124 South America Smart Insulin Pens Market Outlook, By Jet Injectors (2014-2023) ($MN)
Table 125 South America Smart Insulin Pens Market Outlook, By Spring loaded (2014-2023) ($MN)
Table 126 Middle East and Africa Smart Insulin Pens Market Outlook, By Country (2014-2023) ($MN)
Table 127 Middle East and Africa Smart Insulin Pens Market Outlook, By Usability (2014-2023) ($MN)
Table 128 Middle East and Africa Smart Insulin Pens Market Outlook, By Reusable Pens (2014-2023) ($MN)
Table 129 Middle East and Africa Smart Insulin Pens Market Outlook, By Pre-Filled Pens (2014-2023) ($MN)
Table 130 Middle East and Africa Smart Insulin Pens Market Outlook, By Indication (2014-2023) ($MN)
Table 131 Middle East and Africa Smart Insulin Pens Market Outlook, By Diabetes Type I (2014-2023) ($MN)
Table 132 Middle East and Africa Smart Insulin Pens Market Outlook, By Diabetes Type II (2014-2023) ($MN)
Table 133 Middle East and Africa Smart Insulin Pens Market Outlook, By Type (2014-2023) ($MN)
Table 134 Middle East and Africa Smart Insulin Pens Market Outlook, By Second Generation Pens (2014-2023) ($MN)
Table 135 Middle East and Africa Smart Insulin Pens Market Outlook, By USB connected pens (2014-2023) ($MN)
Table 136 Middle East and Africa Smart Insulin Pens Market Outlook, By Bluetooth-enabled pens (2014-2023) ($MN)
Table 137 Middle East and Africa Smart Insulin Pens Market Outlook, By First Generation Pens (2014-2023) ($MN)
Table 138 Middle East and Africa Smart Insulin Pens Market Outlook, By Distribution Channel (2014-2023) ($MN)
Table 139 Middle East and Africa Smart Insulin Pens Market Outlook, By Ambulatory Surgical Centers (2014-2023) ($MN)
Table 140 Middle East and Africa Smart Insulin Pens Market Outlook, By Home Care Settings (2014-2023) ($MN)
Table 141 Middle East and Africa Smart Insulin Pens Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 142 Middle East and Africa Smart Insulin Pens Market Outlook, By Retail Pharmacies (2014-2023) ($MN)
Table 143 Middle East and Africa Smart Insulin Pens Market Outlook, By e-Commerce (2014-2023) ($MN)
Table 144 Middle East and Africa Smart Insulin Pens Market Outlook, By Fabrication (2014-2023) ($MN)
Table 145 Middle East and Africa Smart Insulin Pens Market Outlook, By Plastic (2014-2023) ($MN)
Table 146 Middle East and Africa Smart Insulin Pens Market Outlook, By Metal (2014-2023) ($MN)
Table 147 Middle East and Africa Smart Insulin Pens Market Outlook, By Technology (2014-2023) ($MN)
Table 148 Middle East and Africa Smart Insulin Pens Market Outlook, By Bluetooth (2014-2023) ($MN)
Table 149 Middle East and Africa Smart Insulin Pens Market Outlook, By Jet Injectors (2014-2023) ($MN)
Table 150 Middle East and Africa Smart Insulin Pens Market Outlook, By Spring loaded (2014-2023) ($MN)