Smart insulin pen is an innovative product that is incorporated with the application. The smart insulin pen is operated by the Bluetooth that enables continues tracking, monitoring and measuring of the insulin in a diabetic patient. The features of the smart pen monitors each dose and the data is delivered through a smartphone application. It also reduces the manual tracking of the logbooks which becomes complicated for the patients.
MARKET DYNAMICS
The smart insulin pen market is expected to grow owing to the key factors such as rising incidences of diabetes among the population across the world, increasing population, growing obesity across the world and others. The market is expected to experience several growth opportunities due to the rising technological development in the insulin pen technologies and collaborations among the market players for the product development.
MARKET SCOPE
The "Global Smart Insulin Pen Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of smart insulin pen market with detailed market segmentation by application, connectivity type, distribution channel and geography. The global smart insulin pen market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart insulin pen market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global smart insulin pen market is segmented on the basis of application, connectivity type, and distribution channel. Based on the application the market is segmented as type 1 diabetes, and type 2 diabetes. Based on the connectivity type the market is classified as USB and Bluetooth. On the basis of distribution channel the market is categorized as retail pharmacies, hospitals pharmacies, and on-line distribution.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart insulin pen market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart insulin pen market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart insulin pen market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the smart insulin pen market in these regions.
MARKET PLAYERS
The reports cover key developments in the smart insulin pen market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from smart insulin pen market are anticipated to lucrative growth opportunities in the future with the rising demand for smart insulin pen market in the global market. Below mentioned is the list of few companies engaged in the smart insulin pen market.
The report also includes the profiles of key smart insulin pen market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Companion Medical
- Novo Novardisk A/S
- Emperra GmbH E-Health Technologies
- Diabnext
- Jiangsu Delfu Medical Device Co.Ltd
- BERLIN-CHEMIE AG
- DIAMESCO CO., Ltd.
- Big Foot Biomedical Inc.