Insulin Pens Market to 2027 - Global Analysis and Forecasts By Product Type (Disposable, Reusable and Smart Insulin Pen Caps); Application (Diabetes Type-1 and Diabetes Type-2); Distribution Channel (Hospital Pharmacies, Retail Pharmacies and e-Commerce) and Geography
- THE3479228
- 144 Pages
- January 2020
- Medical Devices
The global insulin pens market is expected to reach US$ 8,862.0 Mn in 2027 from US$ 4,199.7 in 2018. The market is estimated to grow with a CAGR of 8.8% from 2019-2027.
The key factors that are driving the growth of the market are rising incidence of diabetes, growing geriatric population, and increasing adoption of insulin pens over conventional vials and syringes. However, the factors restraining the market growth are high cost of insulin pens and the availability of alternatives to insulin pens in the market. On the other hand, the high potential for market growth in emerging economies is one of the growth opportunities for market players.
In recent years, there has been considerable development in the field of medical drug delivery devices. Insulin administration is a standard procedure in the diabetic population. Traditional insulin syringes have several disadvantages that include the experience of pain by patients due to repeated pricks, discomfort in carrying both insulin bottle as well as a syringe, risk of needle re-use associated infections and needle-stick injuries as well as difficulty in delivering a mixture of two or more liquids together in one syringe. Additionally, self-administration of insulin through syringes and vials is time-taking and difficult that has reduced the adoption of conventional insulin injection methods over the past years and led to increased adoption of injection pens. Thus, the inclination of patients towards insulin injection pens over syringes is expected to be a driving factor to foster the growth of insulin pens market.
Global insulin pens market was segmented by product type, application, and end user. The insulin pens market on the basis of product type is segmented in to disposable and reusable. In 2018, the reusable segment held the largest share of the market, by product type. Moreover, the smart insulin pen caps segment of insulin pens market is expected to witness growth in its demand at a fastest CAGR of 9.9% during 2019 to 2027. Various start-ups and established manufacturers are coming up with the concepts of smart insulin pen caps that turns conventional pen injectors into connected devices that helps to capture treatment information such as date, dose and time of the injection. The ability of these devices to convert traditional pens into technologically advanced injection pens are expected to account for the growth of the segment in the global insulin pens market.
Some of the major primary and secondary sources included in the report for the insulin pens market are World Health Organization, American Diabetes Association, National Institute of Diabetes and Digestive and Kidney Diseases, Diabetes UK, Centers for Disease Control and Prevention, Chinese Diabetes Society, International Diabetes Federation, and others.
1. Introduction
1.1 Scope of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Insulin Pens Market – By Product Type
1.3.2 Global Insulin Pens Market – By Application
1.3.3 Global Insulin Pens Market – By Distribution Channel
1.3.4 Global Insulin Pen market – By Geography
2. Insulin Pen Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Insulin Pens– Market Landscape
4.1 Overview
4.2 Pest Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East & Africa – PEST Analysis
4.2.5 South & Central America – PEST Analysis
5. Insulin Pens Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Incidence of Diabetes
5.1.2 Growing Geriatric Population
5.1.3 Rising Adoption of Insulin Injection Pens over Vials & Syringes
5.2 Key Market Restraints
5.2.1 Availability of Alternatives for Drug Delivery
5.2.2 Limitations Associated with Insulin Pens
5.3 Key Market Opportunity
5.3.1 Growing Market In Developing Economies
5.4 Future Trend
5.4.1 Growing Product Innovations through Collaborative Research
5.5 Impact Analysis
6. Insulin Pens Market – Global Analysis
6.1 Global Insulin Pens Market Revenue Forecasts And Analysis
6.2 Global Insulin Pens Market, By Geography - Forecasts And Analysis
6.3 Performance of Key Players
6.3.1 Novo Nordisk A/S
6.3.2 Eli Lilly and Company
7. Global Insulin Pens Market Analysis And Forecasts To 2027 – Product Type
7.1 Overview
7.2 Insulin Pens Market Revenue And Forecasts Analysis, By Product Type (US$ Mn)
7.3 Reusable Market
7.3.1 Overview
7.3.2 Global Reusable Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Disposable Market
7.4.1 Overview
7.4.2 Global Disposable Market Revenue and Forecast to 2027 (US$ Mn)
7.5 Smart Insulin Pen Caps Market
7.5.1 Overview
7.5.2 Global Smart Insulin Pen Caps Market Revenue and Forecast to 2027 (US$ Mn)
8. Global Insulin Pens Market Analysis And Forecasts To 2027 – Application
8.1 Overview
8.2 Insulin Pens Market Revenue And Forecasts Analysis, By Application (US$ Mn)
8.3 Type-1 Diabetes Market
8.3.1 Overview
8.3.2 Global Type-1 Diabetes Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Type-2 Diabetes Market
8.4.1 Overview
8.4.2 Global Type-2 Diabetes Market Revenue and Forecast to 2027 (US$ Mn)
9. Global Insulin Pens Market Analysis– By Distribution Channel
9.1 Overview
9.2 Insulin Pens Market Revenue And Forecasts Analysis, By Distribution Channel (US$ Mn)
9.3 Hospitals Pharmacies Market
9.3.1 Overview
9.3.2 Global Hospital Pharmacies Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Retail Pharmacies Market
9.4.1 Overview
9.4.2 Global Retail Pharmacies Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 E-Commerce Market
9.5.1 Overview
9.5.2 Global e-Commerce Market Revenue and Forecasts to 2027 (US$ Mn)
10. Insulin Pens Market Revenue And Forecasts To 2027 – Geographical Analysis
10.1 North America Insulin Pens Market
10.1.1 Overview
10.1.2 North America Insulin Pens Market Revenue And Forecasts to 2027 (US$ MN)
10.1.3 North America Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.1.4 North America Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.5 North America Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.1.6 North America Insulin Pens Market Revenue and Forecasts to 2027, By Country (%)
10.1.7 US Insulin Pens Market
10.1.7.1 US Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.7.2 US Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.1.7.3 US Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.7.4 US Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.1.8 Canada Insulin Pens Market
10.1.8.1 Canada Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.8.2 Canada Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.1.8.3 Canada Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.8.4 Canada Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.1.9 Mexico Insulin Pens Market
10.1.9.1 Mexico Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.9.2 Mexico Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.1.9.3 Mexico Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.9.4 Mexico Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.2 Europe Insulin Pens Market
10.2.1 Overview
10.2.2 Europe Insulin Pens Market Revenue And Forecasts to 2027 (US$ Mn)
10.2.3 Europe Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.2.4 Europe Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.2.5 Europe Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.2.6 Europe Insulin Pens Market Revenue and Forecasts to 2027, By Country (%)
10.2.7 Germany Insulin Pens Market
10.2.7.1 Germany Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.7.2 Germany Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.2.7.3 Germany Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.2.7.4 Germany Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.2.8 UK Insulin Pens Market
10.2.8.1 UK Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.8.2 UK Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.2.8.3 UK Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.2.8.4 UK Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.2.9 France Insulin Pens Market
10.2.9.1 France Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.9.2 France Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.2.9.3 France Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.2.9.4 France Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.2.10 Spain Insulin Pens Market
10.2.10.1 Spain Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.10.2 Spain Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.2.10.3 Spain Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.2.10.4 Spain Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.2.11 Italy Insulin Pens Market
10.2.11.1 Italy Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.2.11.2 Italy Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.2.11.3 Italy Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.2.11.4 Italy Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.3 Asia Pacific Insulin Pens Market
10.3.1 Overview
10.3.2 Asia Pacific Insulin Pens Market Revenue And Forecasts to 2027 (US$ Mn)
10.3.3 Asia Pacific Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.3.4 Asia Pacific Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.3.5 Asia Pacific Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.3.6 Asia Pacific Insulin Pens Market Revenue and Forecasts to 2027, By Country (%)
10.3.7 China Insulin Pens Market
10.3.7.1 China Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.7.2 China Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.3.7.3 China Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.3.7.4 China Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.3.8 Japan Insulin Pens Market
10.3.8.1 Japan Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.8.2 Japan Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.3.8.3 Japan Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.3.8.4 Japan Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.3.9 India Insulin Pens Market
10.3.9.1 India Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.9.2 India Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.3.9.3 India Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.3.9.4 India Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.3.10 Australia Insulin Pens Market
10.3.10.1 Australia Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.10.2 Australia Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.3.10.3 Australia Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.3.10.4 Australia Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.3.11 South Korea Insulin Pens Market
10.3.11.1 South Korea Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.3.11.2 South Korea Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.3.11.3 South Korea Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.3.11.4 South Korea Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.4 Middle East And Africa Insulin Pens Market
10.4.1 Overview
10.4.2 Middle East & Africa Insulin Pens Market Revenue And Forecasts to 2027 (US$ Mn)
10.4.3 Middle East & Africa Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.4.4 Middle East & Africa Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.4.5 Middle East & Africa Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.4.6 Middle East & Africa Insulin Pens Market Revenue and Forecasts to 2027, By Country (%)
10.4.7 UAE Insulin Pens Market
10.4.7.1 UAE Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.4.7.2 UAE Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.4.7.3 UAE Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.4.7.4 UAE Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.4.8 Saudi Arabia Insulin Pens Market
10.4.8.1 Saudi Arabia Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.4.8.2 Saudi Arabia Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.4.8.3 Saudi Arabia Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.4.8.4 Saudi Arabia Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.4.9 South Africa Insulin Pens Market
10.4.9.1 South Africa Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.4.9.2 South Africa Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.4.9.3 South Africa Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.4.9.4 South Africa Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.5 South And Central America Insulin Pens Market
10.5.1 Overview
10.5.2 South & Central America Insulin Pens Market Revenue And Forecasts to 2027 (US$ Mn)
10.5.3 South & Central America Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.5.4 South & Central America Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.5.5 South & Central America Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.5.6 South & Central America Insulin Pens Market Revenue and Forecasts to 2027, By Country (%)
10.5.7 Brazil Insulin Pens Market
10.5.7.1 Brazil Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.5.7.2 Brazil Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.5.7.3 Brazil Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.5.7.4 Brazil Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
10.5.8 Argentina Insulin Pens Market
10.5.8.1 Argentina Insulin Pens Market Revenue and Forecasts to 2027 (US$ Mn)
10.5.8.2 Argentina Insulin Pens Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)
10.5.8.3 Argentina Insulin Pens Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.5.8.4 Argentina Insulin Pens Market Revenue And Forecasts to 2027, By Distribution Channel (US$ Mn)
11. Insulin Pens Market – Industry Landscape
11.1 Overview
11.2 Comparative Company Analysis
11.3 Growth Strategies Done By The Companies In The Market, (%)
11.4 Organic Developments
11.4.1 Overview
11.5 Inorganic Developments
11.5.1 Overview
12. Insulin Pens Market–Key Company Profiles
12.1 Owen Mumford, Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 Product Portfolio
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Novo Nordisk A/S
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 Product Portfolio
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Companion Medical
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 Product Portfolio
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Berlin-Chemie Ag
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Information
12.4.4 Product Portfolio
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Pendiq Gmbh
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Information
12.5.4 Product Portfolio
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Emperra Gmbh E-Health Technologies
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Information
12.6.4 Product Portfolio
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Eli Lilly And Company
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 Product Portfolio
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Ypsomed Ag
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 Product Portfolio
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Sanofi
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 Product portfolio
12.9.5 SWOT ANALYSIS
12.9.6 KEY DEVELOPMENTS
12.10 Biocon
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 Product Portfolio
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary Of Terms
Similar Reports
Medical implants are permanent devices such as pacemakers or temporary devices such as fracture plates which are removed once their function is completed. These implants are made up of bone, tissue, skin, ceramics, metals, plastics, and other natural materials...
- Publish Date: August 21, 2016
- $5370
Ostomy is a surgery wherein an artificial opening, known as stoma, is created from the colon in the human body to eliminate body wastes such as urine, mucus, and stools, which are collected in artificial bags called ostomy drainage bags. These plastic/rub...
- Publish Date: December 1, 2016
- $5370
Laparoscopy is a minimally invasive procedure used to examine organs inside the abdomen or pelvic cavities by inserting a laparoscope through a small incision in the abdomen. A laparoscope comprises a long, thin tube with high-intensity light, and high-re...
- Publish Date: April 24, 2017
- $5370
