Smart Insulin Pen Market Robust Demand Aided Revenue Growth | AOSense, Inc., Apogee Instruments Inc., M Squared Ltd, Muquans SAS
Research Reports
May 28, 2021
Global Smart Insulin Pen Market By Product (Second Generation Pens,-Bluetooth-Enabled, USB Connected; First Generation), Usability (Reusable, Prefilled), End User (Hospitals & Clinics, Ambulatory Surgical Centers, Home Care Settings) and Regional Forecasts 2021-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Smart Insulin Pen market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Smart Insulin Pen market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Key Segments Studied in the Global Smart Insulin Pen Market
Global Smart Insulin Pens s valued approximately USD 89.53 million in 2020and is anticipated to grow with a healthy growth rate of more than 10.77% over the forecast period 2021-2027.Diabetes is a major health problem that is rapidly increasing in the global population; therefore, the use of good internal secretion pens is significantfor the safe and effective administration of internal secretion to individuals suffering from polygenic disorder. Internal secretion pens are used to deliver internal secretion outwardly, provides higher polygenic diabetes management system. The increase in polygenic disorder cases boost the market growth. One of the key factors working in favour of the global market is the growing number of diabetics as a result of obesity, inactive lifestyles, and ageing. Fatness has emerged as one of the leading causes of polygenic disorder in people. Undernutrition are the first links to polygenic disorder cases, which are increasing at epidemic proportions. As a result of the large number of people affected by polygenic disorder, the market for sensible internal secretion pens is expanding globally.Smart insulin pens support in calculating personalized doses, continuously tracking glucose, and connecting with smartphone apps to visualize data. Moreover, Novo Nordisk and Abbott collaborated in 2019 to integrate insulin dose data into digital health tools, with the goal of connecting key technologies such as continuous glucose monitoring and insulin pen market size worldwide.Strict government regulations and high cost are the restraining factors of the market. North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa make up the global smart insulin pens industry. North America is the industry leader for smart insulin pens, accounting for more than half of overall sales in 2017. Furthermore, North America generates the most sales due to the involvement of major players and a high rate of adoption of technologically advanced products. Furthermore, Asia Pacific is expected to expand rapidly over the forecast period. This is due to a rise in the number of geriatrics with diabetes, which is fueling the growth of the smart insulin pens market in this area.
Major market player included in this report are:
- Companion Medical Inc.
- Digital Medics Ptd Ltd.
- Eli Lilly and Company
- Novo Nordisk A/S
- Diamesco Co., Ltd.
- Hoffmann-La Roche AG
- Insulet Corporation
- Emperra GmbH E-Health Technologies
- Jiangsu Delfu medical device Co. Ltd.
- Bigfoot biomedica.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
- Second Generation Pens
- USB Connected Smart Insulin Pen
- Bluetooth-Enabled Smart Insulin Pen
- First Generation Pens
By Usability
- Prefilled
- Reusable
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Home care settings
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario |
Market Behavior/ Level of Risk and Opportunity |
End Industry Behavior/ Opportunity Assessment |
Expected Industry Recovery Timeline |
Business Impact Horizon |
Opening of Economy by Q3 2020 |
xx |
xx |
xx |
xx |
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 |
xx |
xx |
xx |
xx |
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Smart Insulin Pen Market Report:
Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
1.2.1. Smart Insulin Pen Market, by Region, 2019-2027 (USD Million)
1.2.2. Smart Insulin Pen Market, by Product,2019-2027 (USD Million)
1.2.3. Smart Insulin Pen Market, by Usability,2019-2027 (USD Million)
1.2.4. Smart Insulin Pen Market, by End-user,2019-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Insulin Pen Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Insulin Pen Market Dynamics
3.1. Smart Insulin Pen Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increase in Polygenic Disorder
3.1.1.2. Future go far Beyond Memory Storage
3.1.2. Market Challenges
3.1.2.1. Strict Product Approval Process
3.1.2.2. High Manufacturing Costing
3.1.3. Market Opportunities
3.1.3.1. Establishing Online Distribution Channels
Chapter 4. Global Smart Insulin Pen MarketIndustry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Insulin Pen Market, by Product
5.1. Market Snapshot
5.2. Global Smart Insulin Pen Market by Product, Performance – Potential Analysis
5.3. Global Smart Insulin Pen Market Estimates & Forecasts by Product2018-2027 (USD Million)
5.4. Smart Insulin Pen Market, Sub Segment Analysis
5.4.1. Second Generation pens
5.4.2. USB Connected Smart Insulin pens
5.4.3. Bluetooth-Enabled Smart Insulin pens
5.4.4. First Generation pens
Chapter 6. Global Smart Insulin Pen Market, byUsability
6.1. Market Snapshot
6.2. Global Smart Insulin Pen Market by Usability, Performance – Potential Analysis
6.3. Global Smart Insulin Pen Market Estimates & Forecasts by Usability2018-2027 (USD Million)
6.4. Smart Insulin Pen Market, Sub Segment Analysis
6.4.1. Pre-Filled Smart Insulin Pen
6.4.2. Reusable Owned Smart Insulin Pen
Chapter 7. Global Smart Insulin Pen Market, by End-user
7.1. Market Snapshot
7.2. Global Smart Insulin Pen Market by End-user, Performance – Potential Analysis
7.3. Global Smart Insulin Pen Market Estimates & Forecasts by End-user 2018-2027 (USD Million)
7.4. Smart Insulin Pen Market, Sub Segment Analysis
7.4.1. Hospitals and clinic
7.4.2. Ambulatory surgical centers
7.4.3. Home care settings
Chapter 8. Global Smart Insulin Pen Market, Regional Analysis
8.1. Smart Insulin Pen Market, Regional Market Snapshot
8.2. North America Smart Insulin Pen Market
8.2.1. U.S. Smart Insulin Pen Market
8.2.1.1. Productbreakdown estimates & forecasts, 2018-2027
8.2.1.2. Usabilitybreakdown estimates & forecasts, 2018-2027
8.2.1.3. End-userbreakdown estimates & forecasts, 2018-2027
8.2.2. Canada Smart Insulin Pen Market
8.3. Europe Smart Insulin Pen Market Snapshot
8.3.1. U.K. Smart Insulin Pen Market
8.3.2. Germany Smart Insulin Pen Market
8.3.3. France Smart Insulin Pen Market
8.3.4. Spain Smart Insulin Pen Market
8.3.5. Italy Smart Insulin Pen Market
8.3.6. Rest of Europe Smart Insulin Pen Market
8.4. Asia-Pacific Smart Insulin Pen Market Snapshot
8.4.1. China Smart Insulin Pen Market
8.4.2. India Smart Insulin Pen Market
8.4.3. Japan Smart Insulin Pen Market
8.4.4. Australia Smart Insulin Pen Market
8.4.5. South Korea Smart Insulin Pen Market
8.4.6. Rest of Asia Pacific Smart Insulin Pen Market
8.5. Latin America Smart Insulin Pen Market Snapshot
8.5.1. Brazil Smart Insulin Pen Market
8.5.2. Mexico Smart Insulin Pen Market
8.6. Rest of The World Smart Insulin Pen Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Companion Medical Inc.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Digital Medics Ptd Ltd.
9.2.3. Eli Lilly and Company
9.2.4. Novo Nordisk A/S
9.2.5. Diamesco Co., Ltd.
9.2.6. F. Hoffmanna-La Roche AG
9.2.7. Insulet Corporation
9.2.8. Emperra GmbH E-Health Technologies
9.2.9. Jiangsu Delfu Medical Device Co. Ltd.
9.2.10. Bigfoot Biomedica
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
……..and view more in complete table of Contents
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