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Global Smart Insulin Pen Market By Product (Second Generation Pens,-Bluetooth-Enabled, USB Connected; First Generation), Usability (Reusable, Prefilled), End User (Hospitals & Clinics, Ambulatory Surgical Centers, Home Care Settings) and Regional Forecasts 2021-2027

May 2021 | 200 pages | ID: G3328BFA3B23EN
Bizwit Research & Consulting LLP

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Global Smart Insulin Pens s valued approximately USD 89.53 million in 2020and is anticipated to grow with a healthy growth rate of more than 10.77% over the forecast period 2021-2027.Diabetes is a major health problem that is rapidly increasing in the global population; therefore, the use of good internal secretion pens is significantfor the safe and effective administration of internal secretion to individuals suffering from polygenic disorder. Internal secretion pens are used to deliver internal secretion outwardly, provides higher polygenic diabetes management system. The increase in polygenic disorder cases boost the market growth. One of the key factors working in favour of the global market is the growing number of diabetics as a result of obesity, inactive lifestyles, and ageing. Fatness has emerged as one of the leading causes of polygenic disorder in people. Undernutrition are the first links to polygenic disorder cases, which are increasing at epidemic proportions. As a result of the large number of people affected by polygenic disorder, the market for sensible internal secretion pens is expanding globally.Smart insulin pens support in calculating personalized doses, continuously tracking glucose, and connecting with smartphone apps to visualize data. Moreover, Novo Nordisk and Abbott collaborated in 2019 to integrate insulin dose data into digital health tools, with the goal of connecting key technologies such as continuous glucose monitoring and insulin pen market size worldwide.Strict government regulations and high cost are the restraining factors of the market. North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa make up the global smart insulin pens industry. North America is the industry leader for smart insulin pens, accounting for more than half of overall sales in 2017. Furthermore, North America generates the most sales due to the involvement of major players and a high rate of adoption of technologically advanced products. Furthermore, Asia Pacific is expected to expand rapidly over the forecast period. This is due to a rise in the number of geriatrics with diabetes, which is fueling the growth of the smart insulin pens market in this area.

Major market player included in this report are:
Companion Medical Inc.
Digital Medics Ptd Ltd.
Eli Lilly and Company
Novo Nordisk A/S
Diamesco Co., Ltd.
F. Hoffmann-La Roche AG
Insulet Corporation
Emperra GmbH E-Health Technologies
Jiangsu Delfu medical device Co. Ltd.
Bigfoot biomedica.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Second Generation Pens
USB Connected Smart Insulin Pen
Bluetooth-Enabled Smart Insulin Pen
First Generation Pens

By Usability
Prefilled
Reusable

By End User
Hospitals & Clinics
Ambulatory Surgical Centers
Home care settings
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Smart Insulin Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1.EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
  1.2.1. Smart Insulin Pen Market, by Region, 2019-2027 (USD Million)
  1.2.2. Smart Insulin Pen Market, by Product,2019-2027 (USD Million)
  1.2.3. Smart Insulin Pen Market, by Usability,2019-2027 (USD Million)
  1.2.4. Smart Insulin Pen Market, by End-user,2019-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SMART INSULIN PEN MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SMART INSULIN PEN MARKET DYNAMICS

3.1. Smart Insulin Pen Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Increase in Polygenic Disorder
    3.1.1.2. Future go far Beyond Memory Storage
  3.1.2. Market Challenges
    3.1.2.1. Strict Product Approval Process
    3.1.2.2. High Manufacturing Costing
  3.1.3. Market Opportunities
    3.1.3.1. Establishing Online Distribution Channels

CHAPTER 4. GLOBAL SMART INSULIN PEN MARKETINDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL SMART INSULIN PEN MARKET, BY PRODUCT

5.1. Market Snapshot
5.2. Global Smart Insulin Pen Market by Product, Performance - Potential Analysis
5.3. Global Smart Insulin Pen Market Estimates & Forecasts by Product2018-2027 (USD Million)
5.4. Smart Insulin Pen Market, Sub Segment Analysis
  5.4.1. Second Generation pens
  5.4.2. USB Connected Smart Insulin pens
  5.4.3. Bluetooth-Enabled Smart Insulin pens
  5.4.4. First Generation pens

CHAPTER 6. GLOBAL SMART INSULIN PEN MARKET, BYUSABILITY

6.1. Market Snapshot
6.2. Global Smart Insulin Pen Market by Usability, Performance - Potential Analysis
6.3. Global Smart Insulin Pen Market Estimates & Forecasts by Usability2018-2027 (USD Million)
6.4. Smart Insulin Pen Market, Sub Segment Analysis
  6.4.1. Pre-Filled Smart Insulin Pen
  6.4.2. Reusable Owned Smart Insulin Pen

CHAPTER 7. GLOBAL SMART INSULIN PEN MARKET, BY END-USER

7.1. Market Snapshot
7.2. Global Smart Insulin Pen Market by End-user, Performance - Potential Analysis
7.3. Global Smart Insulin Pen Market Estimates & Forecasts by End-user 2018-2027 (USD Million)
7.4. Smart Insulin Pen Market, Sub Segment Analysis
  7.4.1. Hospitals and clinic
  7.4.2. Ambulatory surgical centers
  7.4.3. Home care settings

CHAPTER 8. GLOBAL SMART INSULIN PEN MARKET, REGIONAL ANALYSIS

8.1. Smart Insulin Pen Market, Regional Market Snapshot
8.2. North America Smart Insulin Pen Market
  8.2.1. U.S. Smart Insulin Pen Market
    8.2.1.1. Productbreakdown estimates & forecasts, 2018-2027
    8.2.1.2. Usabilitybreakdown estimates & forecasts, 2018-2027
    8.2.1.3. End-userbreakdown estimates & forecasts, 2018-2027
  8.2.2. Canada Smart Insulin Pen Market
8.3. Europe Smart Insulin Pen Market Snapshot
  8.3.1. U.K. Smart Insulin Pen Market
  8.3.2. Germany Smart Insulin Pen Market
  8.3.3. France Smart Insulin Pen Market
  8.3.4. Spain Smart Insulin Pen Market
  8.3.5. Italy Smart Insulin Pen Market
  8.3.6. Rest of Europe Smart Insulin Pen Market
8.4. Asia-Pacific Smart Insulin Pen Market Snapshot
  8.4.1. China Smart Insulin Pen Market
  8.4.2. India Smart Insulin Pen Market
  8.4.3. Japan Smart Insulin Pen Market
  8.4.4. Australia Smart Insulin Pen Market
  8.4.5. South Korea Smart Insulin Pen Market
  8.4.6. Rest of Asia Pacific Smart Insulin Pen Market
8.5. Latin America Smart Insulin Pen Market Snapshot
  8.5.1. Brazil Smart Insulin Pen Market
  8.5.2. Mexico Smart Insulin Pen Market
8.6. Rest of The World Smart Insulin Pen Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Companion Medical Inc.
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Digital Medics Ptd Ltd.
  9.2.3. Eli Lilly and Company
  9.2.4. Novo Nordisk A/S
  9.2.5. Diamesco Co., Ltd.
  9.2.6. F. Hoffmanna-La Roche AG
  9.2.7. Insulet Corporation
  9.2.8. Emperra GmbH E-Health Technologies
  9.2.9. Jiangsu Delfu Medical Device Co. Ltd.
  9.2.10. Bigfoot Biomedica

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Insulin Pen market, report scope
TABLE 2. Global Smart Insulin Pen market estimates & forecasts by Region 2018-2027 (USDMillion)
TABLE 3. Global Smart Insulin Pen market estimates & forecasts byProduct2018-2027 (USDMillion)
TABLE 4. Global Smart Insulin Pen market estimates & forecasts byUsability2018-2027 (USDMillion)
TABLE 5. Global Smart Insulin Pen market estimates & forecasts byEnd-user 2018-2027 (USDMillion)
TABLE 6.
TABLE 7. Global Smart Insulin Pen market by segment, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 8. Global Smart Insulin Pen market by region, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 9. Global Smart Insulin Pen market by segment, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 10. Global Smart Insulin Pen market by region, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 11. Global Smart Insulin Pen market by segment, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 12. Global Smart Insulin Pen market by region, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 13. Global Smart Insulin Pen market by segment, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 14. Global Smart Insulin Pen market by region, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 15. Global Smart Insulin Pen market by segment, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 16. Global Smart Insulin Pen market by region, estimates & forecasts, 2018-2027 (USDMillion)
TABLE 17. U.S. Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 18. U.S. Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 19. U.S. Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 20. Canada Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 21. Canada Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 22. Canada Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 23. UK Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 24. UK Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 25. UK Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 26. Germany Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 27. Germany Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 28. Germany Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 29. RoE Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 30. RoE Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 31. RoE Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 32. China Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 33. China Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 34. China Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 35. India Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 36. India Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 37. India Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 38. Japan Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 39. Japan Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 40. Japan Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 41. RoAPAC Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 42. RoAPAC Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 43. RoAPAC Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 44. Brazil Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 45. Brazil Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 46. Brazil Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 47. Mexico Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 48. Mexico Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 49. Mexico Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 50. RoLA Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 51. RoLA Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 52. RoLA Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 53. Row Smart Insulin Pen market estimates & forecasts, 2018-2027 (USDMillion)
TABLE 54. Row Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 55. Row Smart Insulin Pen market estimates & forecasts by segment 2018-2027 (USDMillion)
TABLE 56. List of secondary sources, used in the study of global Smart Insulin Pen market
TABLE 57. List of primary sources, used in the study of global Smart Insulin Pen market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered


LIST OF FIGURES

FIG 1. Global Smart Insulin Pen market, research methodology
FIG 2. Global Smart Insulin Pen market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Smart Insulin Pen market, key trends 2020
FIG 5. Global Smart Insulin Pen market, growth prospects 2021-2027
FIG 6. Global Smart Insulin Pen market, porters 5 force model
FIG 7. Global Smart Insulin Pen market, pest analysis
FIG 8. Global Smart Insulin Pen market, value chain analysis
FIG 9. Global Smart Insulin Pen market by segment, 2018& 2027 (USDMillion)
FIG 10. Global Smart Insulin Pen market by segment, 2018& 2027 (USDMillion)
FIG 11. Global Smart Insulin Pen market by segment, 2018& 2027 (USDMillion)
FIG 12. Global Smart Insulin Pen market by segment, 2018& 2027 (USDMillion)
FIG 13. Global Smart Insulin Pen market by segment, 2018& 2027 (USDMillion)
FIG 14. Global Smart Insulin Pen market, regional snapshot 2018& 2027
FIG 15. North America Smart Insulin Pen market2018& 2027 (USDMillion)
FIG 16. Europe Smart Insulin Pen market2018& 2027 (USDMillion)
FIG 17. Asia pacific Smart Insulin Pen market2018& 2027 (USDMillion)
FIG 18. Latin America Smart Insulin Pen market2018& 2027 (USDMillion)
FIG 19. Global Smart Insulin Pen market, company market share analysis (2020)


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