
Insulin Pens Market - Global Outlook & Forecast 2022-2027
Description
Insulin Pens Market - Global Outlook & Forecast 2022-2027
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Insulin Pens Market Report
There will be an increase in demand for Insulin Pens in the forecast period due to its long-term cost-effectiveness and other advantages such as accuracy, better convenience, and ease of use over conventional insulin pens. Other than high-income countries with full diabetes insurance coverage, several middle-income countries have started adopting it with advanced technologies. In some countries in Europe, for example, France, Spain, and Germany, doctors highly prescribe insulin pens under the health insurance coverage with a reasonable cutting cost, which makes it more cost-effective than insulin syringes.
The insulin pens market is expected to grow at a CAGR of 6.26% during the forecast period
GLOBAL INSULIN PENS MARKET SEGMENTATION
Lilly Medtronic Novo Nordisk Sanofi OTHER PROMINENT VENDORS
1. The analysis of the global Insulin Pens market provides market size and growth rate for the forecast period 2022-2027.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global Insulin Pens market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of the global Insulin Pens market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and critical market strategies to gain competitive advantage.
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Insulin Pens Market Report
There will be an increase in demand for Insulin Pens in the forecast period due to its long-term cost-effectiveness and other advantages such as accuracy, better convenience, and ease of use over conventional insulin pens. Other than high-income countries with full diabetes insurance coverage, several middle-income countries have started adopting it with advanced technologies. In some countries in Europe, for example, France, Spain, and Germany, doctors highly prescribe insulin pens under the health insurance coverage with a reasonable cutting cost, which makes it more cost-effective than insulin syringes.
The insulin pens market is expected to grow at a CAGR of 6.26% during the forecast period
GLOBAL INSULIN PENS MARKET SEGMENTATION
- The traditional insulin pens dominated the market. However, smart insulin pens are expected to increase significantly in the forecast period across the globe.
- Hospitals & Clinics dominated the distribution channel segment because of the easy access to insulin pens in the hospital pharmacies and thus doctors are increasingly prescribing insulin pens in both high- and low-income countries.
- Traditional
- Smart
- Disposable
- Reusable
- Hospitals & Clinics
- Standalone Pharmacies
- Online
- Europe dominated the market due to high prevalence of diabetes in the region. APAC region is expected to grow at faster rate in the forecast period with the CAGR of 7.26% because of the increase in awareness and the target population.
- Europe
- Germany
- UK
- France
- Spain
- Italy
- North America
- US
- Canada
- APAC
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Turkey
- South Africa
- Saudi Arabia
- UAE
- The leading vendors in the insulin pen industry are Lilly, Medtronic, Novo Nordisk, and Sanofi. The market competition is solely based on quality, quantity, technology, safety, and price.
- BD
- Biocon
- Diamesco
- Emperra
- Guangzhou Medsinglong Medical Equipment
- HK Zion Industry
- Jiangsu Delfu Medical Device
- Owen Mumford
- Shanghai Umitai Medical Technology
- Sun Medical Products
- Suzhou Peng Ye Medical Technology Co., Ltd.
- Triones Technology (Guangzhou)
- Ypsomed
1. The analysis of the global Insulin Pens market provides market size and growth rate for the forecast period 2022-2027.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global Insulin Pens market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of the global Insulin Pens market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and critical market strategies to gain competitive advantage.
Table of Contents
260 Pages
- 1 RESEARCH METHODOLOGY
- 2 RESEARCH OBJECTIVES
- 3 RESEARCH PROCESS
- 4 SCOPE & COVERAGE
- 4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
- 4.2 BASE YEAR
- 4.3 SCOPE OF THE STUDY
- 4.3.1 MARKET SEGMENTATION BY PRODUCT
- 4.3.2 MARKET SEGMENTATION BY USAGE
- 4.3.3 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- 4.3.4 MARKET SEGMENTATION BY GEOGRAPHY
- 5 REPORT ASSUMPTIONS & CAVEATS
- 5.1 KEY CAVEATS
- 5.2 CURRENCY CONVERSION
- 5.3 MARKET DERIVATION
- 6 MARKET AT A GLANCE
- 7 INTRODUCTION
- 7.1 OVERVIEW
- 8 MARKET OPPORTUNITIES & TRENDS
- 8.1 TECHNOLOGICAL ADVANCEMENTS IN INSULIN PENS
- 8.2 INCREASED DEMAND FOR SMART INSULIN PENS
- 8.3 INTRODUCTION OF INTEGRATED SMART PEN SYSTEMS
- 9 MARKET GROWTH ENABLERS
- 9.1 RISING PREVALENCE OF DIABETES
- 9.2 INCREASED USE OF INSULIN PENS IN AMBULATORY SETTINGS
- 9.3 GROWTH IN PRODUCT LAUNCHES
- 10 MARKET GROWTH RESTRAINTS
- 10.1 COMPLICATIONS ASSOCIATED WITH INSULIN PENS
- 10.2 HIGH COST & LACK OF UNIVERSAL INSURANCE COVERAGE
- 10.3 LARGE POPULATIONS WITH UNDIAGNOSED DIABETES
- 11 MARKET LANDSCAPE
- 11.1 MARKET OVERVIEW
- 11.2 MARKET SIZE & FORECAST
- 11.2.1 PRODUCT INSIGHTS
- 11.2.2 USAGE INSIGHTS
- 11.2.3 DISTRIBUTION CHANNEL INSIGHTS
- 11.2.4 GEOGRAPHY INSIGHTS
- 11.3 FIVE FORCES ANALYSIS
- 11.3.1 THREAT OF NEW ENTRANTS
- 11.3.2 BARGAINING POWER OF SUPPLIERS
- 11.3.3 BARGAINING POWER OF BUYERS
- 11.3.4 THREAT OF SUBSTITUTES
- 11.3.5 COMPETITIVE RIVALRY
- 12 PRODUCT
- 12.1 MARKET SNAPSHOT & GROWTH ENGINE
- 12.2 MARKET OVERVIEW
- 12.3 TRADITIONAL INSULIN PENS
- 12.3.1 MARKET OVERVIEW
- 12.3.2 MARKET SIZE & FORECAST
- 12.3.3 TRADITIONAL INSULIN PENS BY GEOGRAPHY
- 12.4 SMART INSULIN PENS
- 12.4.1 MARKET OVERVIEW
- 12.4.2 MARKET SIZE & FORECAST
- 12.4.3 SMART INSULIN PENS BY GEOGRAPHY
- 13 USAGE
- 13.1 MARKET SNAPSHOT & GROWTH ENGINE
- 13.2 MARKET OVERVIEW
- 13.3 DISPOSABLE INSULIN PENS
- 13.3.1 MARKET OVERVIEW
- 13.3.2 MARKET SIZE & FORECAST
- 13.3.3 DISPOSABLE INSULIN PENS BY GEOGRAPHY
- 13.4 REUSABLE INSULIN PENS
- 13.4.1 MARKET OVERVIEW
- 13.4.2 MARKET SIZE & FORECAST
- 13.4.3 REUSABLE INSULIN PENS BY GEOGRAPHY
- 14 DISTRIBUTION CHANNEL
- 14.1 MARKET SNAPSHOT & GROWTH ENGINE
- 14.2 MARKET OVERVIEW
- 14.3 HOSPITALS & CLINICS
- 14.3.1 MARKET OVERVIEW
- 14.3.2 MARKET SIZE & FORECAST
- 14.3.3 HOSPITALS & CLINICS BY GEOGRAPHY
- 14.4 STANDALONE PHARMACIES
- 14.4.1 MARKET OVERVIEW
- 14.4.2 MARKET SIZE & FORECAST
- 14.4.3 STANDALONE PHARMACIES BY GEOGRAPHY
- 14.5 ONLINE
- 14.5.1 MARKET OVERVIEW
- 14.5.2 MARKET SIZE & FORECAST
- 14.5.3 ONLINE BY GEOGRAPHY
- 15 GEOGRAPHY
- 15.1 GEOGRAPHIC OVERVIEW
- 15.2 MARKET SNAPSHOT & GROWTH ENGINE
- 16 EUROPE
- 16.1 MARKET OVERVIEW
- 16.2 MARKET SIZE & FORECAST
- 16.3 EUROPE: MARKET BY PRODUCT
- 16.4 EUROPE: MARKET BY USAGE
- 16.5 EUROPE: DISTRIBUTION CHANNEL
- 16.7 KEY COUNTRIES
- 16.7.1 GERMANY: MARKET SIZE & FORECAST
- 16.7.2 FRANCE: MARKET SIZE & FORECAST
- 16.7.3 UK: MARKET SIZE & FORECAST
- 16.7.4 ITALY: MARKET SIZE & FORECAST
- 16.7.5 SPAIN: MARKET SIZE & FORECAST
- 17 NORTH AMERICA
- 17.1 MARKET OVERVIEW
- 17.2 MARKET SIZE & FORECAST
- 17.3 NORTH AMERICA: MARKET BY PRODUCT
- 17.4 NORTH AMERICA: MARKET BY USAGE
- 17.5 NORTH AMERICA: MARKET BY DISTRIBUTION CHANNEL
- 17.7 KEY COUNTRIES
- 17.7.1 US: MARKET SIZE & FORECAST
- 17.7.2 CANADA: MARKET SIZE & FORECAST
- 18 APAC
- 18.1 MARKET OVERVIEW
- 18.2 MARKET SIZE & FORECAST
- 18.3 APAC: MARKET BY PRODUCT
- 18.4 APAC: MARKET BY USAGE
- 18.5 APAC: MARKET BY DISTRIBUTION CHANNEL
- 18.6 KEY COUNTRIES
- 18.6.1 CHINA: MARKET SIZE & FORECAST
- 18.6.2 JAPAN: MARKET SIZE & FORECAST
- 18.6.3 INDIA: MARKET SIZE & FORECAST
- 18.6.4 SOUTH KOREA: MARKET SIZE & FORECAST
- 18.6.5 AUSTRALIA: MARKET SIZE & FORECAST
- 19 LATIN AMERICA
- 19.1 MARKET OVERVIEW
- 19.2 MARKET SIZE & FORECAST
- 19.3 LATIN AMERICA: MARKET BY PRODUCT
- 19.4 LATIN AMERICA: MARKET BY USAGE
- 19.5 LATIN: MARKET BY DISTRIBUTION CHANNEL
- 19.6 KEY COUNTRIES
- 19.6.1 BRAZIL: MARKET SIZE & FORECAST
- 19.6.2 MEXICO: MARKET SIZE & FORECAST
- 19.6.3 ARGENTINA: MARKET SIZE & FORECAST
- 20 MIDDLE EAST & AFRICA
- 20.1 MARKET OVERVIEW
- 20.2 MARKET SIZE & FORECAST
- 20.3 MIDDLE EAST & AFRICA: MARKET BY PRODUCT
- 20.4 MIDDLE EAST & AFRICA: MARKET BY USAGE
- 20.5 MIDDLE EAST & AFRICA: MARKET BY DISTRIBUTION CHANNEL
- 20.6 KEY COUNTRIES
- 20.6.1 TURKEY: MARKET SIZE & FORECAST
- 20.6.2 SOUTH AFRICA: MARKET SIZE & FORECAST
- 20.6.3 SAUDI ARABIA: MARKET SIZE & FORECAST
- 20.6.4 UAE: MARKET SIZE & FORECAST
- 21 COMPETITIVE LANDSCAPE
- 21.1 COMPETITION OVERVIEW
- 21.2 MARKET SHARE ANALYSIS
- 21.2.1 LILLY
- 21.2.2 MEDTRONIC
- 21.2.3 NOVO NORDISK
- 21.2.4 SANOFI
- 22 KEY COMPANY PROFILES
- 22.1 LILLY
- 22.1.1 BUSINESS OVERVIEW
- 22.1.2 PRODUCT OFFERINGS
- 22.1.3 KEY STRATEGIES
- 22.1.4 KEY STRENGTHS
- 22.1.5 KEY OPPORTUNITIES
- 22.2 MEDTRONIC
- 22.2.1 BUSINESS OVERVIEW
- 22.2.2 PRODUCT OFFERINGS
- 22.2.3 KEY STRATEGIES
- 22.2.4 KEY STRENGTHS
- 22.2.5 KEY OPPORTUNITIES
- 22.3 NOVO NORDISK
- 22.3.1 BUSINESS OVERVIEW
- 22.3.2 PRODUCT OFFERINGS
- 22.3.3 KEY STRATEGIES
- 22.3.4 KEY STRENGTHS
- 22.3.5 KEY OPPORTUNITIES
- 22.4 SANOFI
- 22.4.1 BUSINESS OVERVIEW
- 22.4.2 PRODUCT OFFERINGS
- 22.4.3 KEY STRATEGIES
- 22.4.4 KEY STRENGTHS
- 22.4.5 KEY OPPORTUNITIES
- 23 OTHER PROMINENT VENDORS
- 23.1 BD
- 23.1.1 BUSINESS OVERVIEW
- 23.1.2 PRODUCT OFFERINGS
- 23.2 BIOCON
- 23.2.1 BUSINESS OVERVIEW
- 23.2.2 PRODUCT OFFERINGS
- 23.3 EMPERRA GMBH E-HEALTH TECHNOLOGIES
- 23.3.1 BUSINESS OVERVIEW
- 23.3.2 PRODUCT OFFERINGS
- 23.4 GUANGZHOU MEDSINGLONG MEDICAL EQUIPMENT
- 23.4.1 BUSINESS OVERVIEW
- 23.4.2 PRODUCT OFFERINGS
- 23.5 HK ZION INDUSTRY
- 23.5.1 BUSINESS OVERVIEW
- 23.5.2 PRODUCT OFFERINGS
- 23.6 JIANGSU DELFU MEDICAL DEVICE
- 23.6.1 BUSINESS OVERVIEW
- 23.6.2 PRODUCT OFFERINGS
- 23.7 OWEN MUMFORD
- 23.7.1 BUSINESS OVERVIEW
- 23.7.2 PRODUCT OFFERINGS
- 23.8 PENDIQ
- 23.8.1 BUSINESS OVERVIEW
- 23.8.2 PRODUCT OFFERINGS
- 23.9 SHANGHAI UMITAI MEDICAL TECHNOLOGY
- 23.9.1 BUSINESS OVERVIEW
- 23.9.2 PRODUCT OFFERINGS
- 23.10 SUN MEDICAL PRODUCTS
- 23.10.1 BUSINESS OVERVIEW
- 23.10.2 PRODUCT OFFERINGS
- 23.11 SUZHOU PENG YE MEDICAL DEVICES
- 23.11.1 BUSINESS OVERVIEW
- 23.11.2 PRODUCT OFFERINGS
- 23.12 TRIONES TECHNOLOGY
- 23.12.1 BUSINESS OVERVIEW
- 23.12.2 PRODUCT OFFERINGS
- 23.13 YPSOMED
- 23.13.1 BUSINESS OVERVIEW
- 23.13.2 PRODUCT OFFERINGS
- 24 REPORT SUMMARY
- 24.1 KEY TAKEAWAYS
- 24.2 STRATEGIC RECOMMENDATIONS
- 25 QUANTITATIVE SUMMARY
- 25.1 MARKET BY GEOGRAPHY
- 25.2 MARKET BY PRODUCT
- 25.3 MARKET BY USAGE
- 25.4 MARKET BY DISTRIBUTION CHANNEL
- 25.5 NORTH AMERICA: MARKET BY PRODUCT
- 25.6 NORTH AMERICA: MARKET BY USAGE
- 25.7 NORTH AMERICA: MARKET BY DISTRIBUTION CHANNEL
- 25.8 APAC: MARKET BY PRODUCT
- 25.9 APAC: MARKET BY USAGE
- 25.10 APAC: MARKET BY DISTRIBUTION CHANNEL
- 25.11 EUROPE: MARKET BY PRODUCT
- 25.12 EUROPE: MARKET BY USAGE
- 25.13 EUROPE: MARKET BY DISTRIBUTION CHANNEL
- 25.14 LATIN AMERICA: MARKET BY PRODUCT
- 25.15 LATIN AMERICA: MARKET BY USAGE
- 25.16 LATIN AMERICA: MARKET BY DISTRIBUTION CHANNEL
- 25.17 MIDDLE EAST & AFRICA: MARKET BY PRODUCT
- 25.18 MIDDLE EAST & AFRICA: MARKET BY USAGE
- 25.19 MIDDLE EAST & AFRICA: MARKET BY DISTRIBUTION CHANNEL
- 26 APPENDIX
- 26.1 ABBREVIATIONS
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.