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Smart Insulin Pens Market Research Till 2023-Top Key Players Companion Medical Inc, Digital Medics Ptd Ltd, Eli Lilly and Company, Novo Nordisk A/S, DIAMESCO, Among Others

04-17-2018 02:20 PM CET | Health & Medicine

Press release from: Research for Markets

/ PR Agency: Research for Markets
Smart Insulin Pens Market

Smart Insulin Pens Market

According to Research for Markets, 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.

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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
o USB connected pens
o 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

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

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Short review On Table Of Content-

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
13.6 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

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About Us:

Research For Markets indulge in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East And Africa.

Contact Us:

Mr. A Naidu

Research for Markets


+44 8000-4182-37

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