Smart Insulin Pens Market Size, Share, Trends, Growth and Forecast Upto 2022
The Smart Insulin Pens Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period (Upto 2022).
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The report on global smart insulin pens market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2015–2022. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
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The report classifies the market into different segments based on product, fabrication material, technology and end-user. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
A. Drivers :
– Increase in prevalence of diabetes among geriatric population
– Technology advancement in insulin delivery
– Accuracy with the device and awareness about diabetes care
B. Restraints :
– Cost of the pen is high compared to syringes, alternative treatment options
– Lack of dose flexibility for what patient need
– Device inaccuracy
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Emperra GmbH, Jiangsu Delfu medical device Co.,Ltd, Eli Lilly and Company, Novo Nordisk A/S and Digital Medics Ptd Ltd and Vigihealth. A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
C. SEGMENTATIONS IN THE REPORT :
1. By Product :
– Reusable/ Durable Insulin Pens
– Prefilled/ Disposable Insulin Pens
– Insulin Cartridge
– Pen Needles
– Timesulin Pen Cap
2. By Fabrication Material :
3. By Technology :
– Spring Loaded
– Jet Injectors
4. By End-User :
– Hospital Pharmacies
– Retail Pharmacies
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