March 28, 2024

Smart Insulin Pens Market Size to Hit Around US$ 305.87 million by 2030

Precedence Research a new report on smart insulin pens market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global smart insulin pens market size was valued at US$ 97.6 million in 2021. The global smart insulin pens market is projected to reach US$ 305.87 million by 2030, registering a compound annual growth rate (CAGR) of 13.53% during the forecast period from 2022 to 2030.

 

Smart Insulin Pens Market

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The global smart insulin pens market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per smart insulin pens, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Smart Insulin Pens Market Report Scope 
Report Coverage Details
Market Size in 2022 USD 110.81 Million
Market Size by 2030 USD 305.87 Million
Growth Rate from 2022 to 2030 CAGR of 13.53%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Usability, Product, Connectivity Type, Indication, End User, Geography

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Read Also@ Diabetic Foot Ulcer Treatment Market is Anticipated to Grow US$ 14.8 Billion By 2030

Some of the prominent players in the smart insulin pens market include:

  • Emperra GmbH
  • Bigfoot Biomedical
  • Digital Medics Pty Ltd.
  • Jiangsu Deflu Medical Device Co.
  • Medtronic plc
  • Eli Lilly and Company
  • Novo Nordisk
  • Pendiq
  • Sanofi
  • Berlin-Chemie

Smart Insulin Pens Market Segmentation

By Type

  • First Generation Pens
  • Second Generation Pens

By Usability

  • Prefilled
  • Reusable

By Product

  • Smart Insulin Pen
  • Adaptors for Conventional Pen

By Connectivity Type

  • Bluetooth
  • USB

By Indication

By End User

  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Home Care Settings

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

  • What are the key factors influencing the smart insulin pens market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2022 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global smart insulin pens market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global smart insulin pens market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global smart insulin pens market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global smart insulin pens market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for smart insulin pens are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. End User Procurement Analysis

4.3.2. Sales and Distribution Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smart Insulin Pens Market 

5.1. COVID-19 Landscape: Smart Insulin Pens Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smart Insulin Pens Market, By Type

8.1. Smart Insulin Pens Market, by Type, 2022-2030

8.1.1. First Generation Pens

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Second Generation Pens

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Smart Insulin Pens Market, By Usability

9.1. Smart Insulin Pens Market, by Usability, 2022-2030

9.1.1. Prefilled

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Reusable

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Smart Insulin Pens Market, By Product

10.1. Smart Insulin Pens Market, by Product, 2022-2030

10.1.1. Smart Insulin Pen

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Adaptors for Conventional Pen

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Smart Insulin Pens Market, By Connectivity Type

11.1. Smart Insulin Pens Market, by Connectivity Type, 2022-2030

11.1.1. Bluetooth

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. USB

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Smart Insulin Pens Market, By Indication

12.1. Smart Insulin Pens Market, by Indication, 2022-2030

12.1.1. Type 1 Diabetes

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Type 2 Diabetes

12.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Smart Insulin Pens Market, By End User

13.1. Smart Insulin Pens Market, by End User, 2022-2030

13.1.1. Hospitals and Clinics

13.1.1.1. Market Revenue and Forecast (2017-2030)

13.1.2. Ambulatory Surgical Centers

13.1.2.1. Market Revenue and Forecast (2017-2030)

13.1.3. Home Care Settings

13.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 14. Global Smart Insulin Pens Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Type (2017-2030)

14.1.2. Market Revenue and Forecast, by Usability (2017-2030)

14.1.3. Market Revenue and Forecast, by Product (2017-2030)

14.1.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.1.5. Market Revenue and Forecast, by Indication (2017-2030)

14.1.6. Market Revenue and Forecast, by End User (2017-2030)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Type (2017-2030)

14.1.7.2. Market Revenue and Forecast, by Usability (2017-2030)

14.1.7.3. Market Revenue and Forecast, by Product (2017-2030)

14.1.7.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.1.8. Market Revenue and Forecast, by Indication (2017-2030)

14.1.8.1. Market Revenue and Forecast, by End User (2017-2030)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Type (2017-2030)

14.1.9.2. Market Revenue and Forecast, by Usability (2017-2030)

14.1.9.3. Market Revenue and Forecast, by Product (2017-2030)

14.1.9.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.1.10. Market Revenue and Forecast, by Indication (2017-2030)

14.1.11. Market Revenue and Forecast, by End User (2017-2030)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Type (2017-2030)

14.2.2. Market Revenue and Forecast, by Usability (2017-2030)

14.2.3. Market Revenue and Forecast, by Product (2017-2030)

14.2.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.2.5. Market Revenue and Forecast, by Indication (2017-2030)

14.2.6. Market Revenue and Forecast, by End User (2017-2030)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Type (2017-2030)

14.2.8.2. Market Revenue and Forecast, by Usability (2017-2030)

14.2.8.3. Market Revenue and Forecast, by Product (2017-2030)

14.2.9. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.2.10. Market Revenue and Forecast, by Indication (2017-2030)

14.2.10.1. Market Revenue and Forecast, by End User (2017-2030)

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Type (2017-2030)

14.2.11.2. Market Revenue and Forecast, by Usability (2017-2030)

14.2.11.3. Market Revenue and Forecast, by Product (2017-2030)

14.2.12. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.2.13. Market Revenue and Forecast, by Indication (2017-2030)

14.2.14. Market Revenue and Forecast, by End User (2017-2030)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Type (2017-2030)

14.2.15.2. Market Revenue and Forecast, by Usability (2017-2030)

14.2.15.3. Market Revenue and Forecast, by Product (2017-2030)

14.2.15.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.2.16. Market Revenue and Forecast, by Indication (2017-2030)

14.2.16.1. Market Revenue and Forecast, by End User (2017-2030)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Type (2017-2030)

14.2.17.2. Market Revenue and Forecast, by Usability (2017-2030)

14.2.17.3. Market Revenue and Forecast, by Product (2017-2030)

14.2.17.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.2.18. Market Revenue and Forecast, by Indication (2017-2030)

14.2.18.1. Market Revenue and Forecast, by End User (2017-2030)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Type (2017-2030)

14.3.2. Market Revenue and Forecast, by Usability (2017-2030)

14.3.3. Market Revenue and Forecast, by Product (2017-2030)

14.3.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.3.5. Market Revenue and Forecast, by Indication (2017-2030)

14.3.6. Market Revenue and Forecast, by End User (2017-2030)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Type (2017-2030)

14.3.7.2. Market Revenue and Forecast, by Usability (2017-2030)

14.3.7.3. Market Revenue and Forecast, by Product (2017-2030)

14.3.7.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.3.8. Market Revenue and Forecast, by Indication (2017-2030)

14.3.9. Market Revenue and Forecast, by End User (2017-2030)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Type (2017-2030)

14.3.10.2. Market Revenue and Forecast, by Usability (2017-2030)

14.3.10.3. Market Revenue and Forecast, by Product (2017-2030)

14.3.10.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.3.11. Market Revenue and Forecast, by Indication (2017-2030)

14.3.11.1. Market Revenue and Forecast, by End User (2017-2030)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Type (2017-2030)

14.3.12.2. Market Revenue and Forecast, by Usability (2017-2030)

14.3.12.3. Market Revenue and Forecast, by Product (2017-2030)

14.3.12.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.3.12.5. Market Revenue and Forecast, by Indication (2017-2030)

14.3.12.6. Market Revenue and Forecast, by End User (2017-2030)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Type (2017-2030)

14.3.13.2. Market Revenue and Forecast, by Usability (2017-2030)

14.3.13.3. Market Revenue and Forecast, by Product (2017-2030)

14.3.13.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.3.13.5. Market Revenue and Forecast, by Indication (2017-2030)

14.3.13.6. Market Revenue and Forecast, by End User (2017-2030)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Type (2017-2030)

14.4.2. Market Revenue and Forecast, by Usability (2017-2030)

14.4.3. Market Revenue and Forecast, by Product (2017-2030)

14.4.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.4.5. Market Revenue and Forecast, by Indication (2017-2030)

14.4.6. Market Revenue and Forecast, by End User (2017-2030)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Type (2017-2030)

14.4.7.2. Market Revenue and Forecast, by Usability (2017-2030)

14.4.7.3. Market Revenue and Forecast, by Product (2017-2030)

14.4.7.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.4.8. Market Revenue and Forecast, by Indication (2017-2030)

14.4.9. Market Revenue and Forecast, by End User (2017-2030)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Type (2017-2030)

14.4.10.2. Market Revenue and Forecast, by Usability (2017-2030)

14.4.10.3. Market Revenue and Forecast, by Product (2017-2030)

14.4.10.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.4.11. Market Revenue and Forecast, by Indication (2017-2030)

14.4.12. Market Revenue and Forecast, by End User (2017-2030)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Type (2017-2030)

14.4.13.2. Market Revenue and Forecast, by Usability (2017-2030)

14.4.13.3. Market Revenue and Forecast, by Product (2017-2030)

14.4.13.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.4.13.5. Market Revenue and Forecast, by Indication (2017-2030)

14.4.13.6. Market Revenue and Forecast, by End User (2017-2030)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Type (2017-2030)

14.4.14.2. Market Revenue and Forecast, by Usability (2017-2030)

14.4.14.3. Market Revenue and Forecast, by Product (2017-2030)

14.4.14.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.4.14.5. Market Revenue and Forecast, by Indication (2017-2030)

14.4.14.6. Market Revenue and Forecast, by End User (2017-2030)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Type (2017-2030)

14.5.2. Market Revenue and Forecast, by Usability (2017-2030)

14.5.3. Market Revenue and Forecast, by Product (2017-2030)

14.5.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.5.5. Market Revenue and Forecast, by Indication (2017-2030)

14.5.6. Market Revenue and Forecast, by End User (2017-2030)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Type (2017-2030)

14.5.7.2. Market Revenue and Forecast, by Usability (2017-2030)

14.5.7.3. Market Revenue and Forecast, by Product (2017-2030)

14.5.7.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.5.8. Market Revenue and Forecast, by Indication (2017-2030)

14.5.8.1. Market Revenue and Forecast, by End User (2017-2030)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Type (2017-2030)

14.5.9.2. Market Revenue and Forecast, by Usability (2017-2030)

14.5.9.3. Market Revenue and Forecast, by Product (2017-2030)

14.5.9.4. Market Revenue and Forecast, by Connectivity Type (2017-2030)

14.5.9.5. Market Revenue and Forecast, by Indication (2017-2030)

14.5.9.6. Market Revenue and Forecast, by End User (2017-2030)

Chapter 15. Company Profiles

15.1. Emperra GmbH

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Bigfoot Biomedical

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Digital Medics Pty Ltd.

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Jiangsu Deflu Medical Device Co.

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Medtronic plc

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Eli Lilly and Company

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Novo Nordisk

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Pendiq

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Sanofi

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Berlin-Chemie

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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