Global Insulin Pen Market will be US$ 35 Billion by 2025 | Renub Research
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There are three types of insulin pens available: Disposable, Reusable and Smart Insulin Pen. A disposable pen is prefilled with insulin; it is used only once after using the entire pen is disposed. A reusable insulin pen has an insulin cartridge which can be replaced, and it is also known as a durable insulin pen. The third type of insulin pen is smart with the use of advanced technologies such as Bluetooth or IoT; it can record the time and date of insulin at which dose was delivered, nowadays these smart insulin pens are also called as "Connected Insulin Pen"
The Impact of COVID-19 on Insulin Pen Market
Healthcare industry is facing significant challenges due to the outbreak of Coronavirus. Most of the countries were in total lockdown in the first half of the year 2020. Major healthcare companies are focusing on the vaccine of this deadly virus, and investment for the treatment of other diseases has been stopped. The market for the year 2020 is forecasted to decline as people are avoiding visiting any healthcare centre and purchasing medical supplies other than medicine and medical devices related to COVID-19. According to Renub Research analysis, the market will grow from the year 2021 to its natural pace as it was in previous years.
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By Diabetes Population: This research report has covered the population of Type 1 Diabetes and Type 2 Diabetes for (United States, Germany, Sweden, United Kingdom, Australia, India, China, Brazil, Saudi Arabia, Netherlands, and Switzerland)
By Types: The market of Disposable, Reusable, Smart is analyzed in this research report. According to Renub Research analysis, Disposable insulin pen has the most significant market share.
By Company: This research report provides Overview, Recent Developments and Sales Analysis of B.Braun Melsungen AG, Eli Lilly and Company, Artsana S.p.A., BD (Becton Dickinson), Novo Nordisk A/S, Mumford Ltd.
Industry Related Opportunity:
Blood Glucose Device Market: https://www.renub.com/blood-glucose-device-market-and-forecast-smbg-test-strips-lancet-meter-worldwide-analysis-977-p.php
Biopsy Devices Market: https://www.renub.com/biopsy-devices-market-global-forecast-p.php
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