Smart Insulin Pens Market Size 2022: Leading Players, Demands, Future Trends, Growth Factors, Strategy, Price and Gross Margin till 2027

The Smart Insulin Pens Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Smart Insulin Pens market growth.

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Market Overview:

Global Smart Insulin Pens Market was valued at $57 million in 2016, and is estimated to reach $117 million by 2023, growing at a CAGR of 10.7% from 2017 to 2023. Smart insulin pens are used for external insulin delivery thus offering an easy to carry solution to diabetes management. The demand for the insulin pens has increased considerably in the recent years owing to the increase in incidence of diabetic patients coupled with their cost-effective nature as compared to insulin pumps. In addition, their simple functioning and accuracy related to insulin dosing further stimulates their demand. However, there are certain disadvantages associated with the use of insulin pen such as two types of insulin cannot be mixed in an insulin pen, thus increasing the frequency of injections needed. This in turn impedes the market growth.

Top Leading Companies:

Emperra, Roche, Diamesco, Companion Medical, Patients Pending, Common Sensing, Jiangsu Delfu, Dnurse

Recent Development:

Roche Holding AG has acquired 42 companies, including 12 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 2 assets. Roche Holding AG’s largest acquisition to date was in 2009, when it acquired Genentech for $46.8B. Roche Holding AG has acquired in 9 different US states, and 9 countries. The Company’s most targeted sectors include life science (67%) and medical products (13%).
Common Sensing, an evidence-based, data-driven injectable-medicine healthcare company, today announced the close of a $6.6 million USD Series A financing. The round was led by Waterline Ventures. New World Health, Royal Philips, Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Sanofi Ventures, and Haselmeier joined the round as well. The funds will be used to accelerate Common Sensing's manufacturing and commercial operations for Gocap™, an IP-protected dose monitoring solution enabling patients and providers to better utilize injectable medicine, including insulin, fertility medications, growth hormones, and others.

Smart Insulin Pens Market Segmentation by Type:

Smart Insulin Pens
Smart Pen Caps

Smart Insulin Pens Market Segmentation by Application:

Home Care Settings
Hospitals & Clinics
Others

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Regional Smart Insulin Pens Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Smart Insulin Pens Market Report:

Detailed overview of Smart Insulin Pens Market
Changing the Smart Insulin Pens market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Smart Insulin Pens market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Smart Insulin Pens Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Smart Insulin Pens Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Smart Insulin Pens industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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