Global Insulin Pen Market Outlook and Forecast Report 2022-2027 with Leading Vendors: Lilly, Medtronic, Novo Nordisk, and Sanofi

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“Insulin Pen Market – Global Outlook and Forecast 2022-2027” report was added to ResearchAndMarkets.com offering.

Insulin Pen Market is Expected to Grow at a CAGR of 6.26% During the Forecast Period

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, greater comfort and ease of use compared to conventional insulin pens. Apart from high-income countries with full diabetes insurance coverage, several middle-income countries have started to adopt it with advanced technologies.

In some countries in Europefor example, France, SpainY GermanyPhysicians largely prescribe insulin pens under health insurance coverage with reasonable reduction cost, making them more cost-effective than insulin syringes.

SEGMENTATION OF THE GLOBAL MARKET FOR INSULIN PENS

NAFA 2022-04- Classification of bodies

Traditional insulin pens dominated the market. However, smart insulin pens are expected to increase significantly in the forecast period around the world.

Hospitals and Clinics dominated the distribution channel segment due to easy access to insulin pens in hospital pharmacies and therefore more and more insulin pens are prescribed by doctors in high and low income countries.

GEOGRAPHICAL OVERVIEW

Europe dominated the market due to the high prevalence of diabetes in the region. The APAC region is expected to grow at a faster rate in the forecast period with a CAGR of 7.26% due to increased awareness and target population.

VENDOR LANDSCAPE

The industry leading suppliers of insulin pens are Lilly, Medtronic, Novo Nordisk and Sanofi. Competition in the market is based solely on quality, quantity, technology, safety and price.

KEY SUPPLIERS

  • lily

  • Medtronic

  • Novo Nordisk

  • Sanofi

OTHER FEATURED SELLERS

  • DB

  • biocon

  • diamesco

  • marmalade

  • Guangzhou Medsinglong Medical Equipment

  • HK Zion Industry

  • Jiangsu Delfu Medical Device

  • owen mumford

  • Shanghai Umitai Medical Technology

  • solar medical products

  • Suzhou Peng Ye Medical Technology Co., Ltd.

  • Triones Technology (Canton)

  • ypsomed

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope and Coverage

4.1 Market definition

4.2 Base Year

4.3 Scope of the Study

5 Report assumptions and caveats

5.1 Key Warnings

5.2 Currency conversion

5.3 Market drift

6 Market at a glance

7 Introduction

7.1 Summary

8 market opportunities and trends

8.1 Technological advances in insulin pens

8.2 Increasing demand for smart insulin pens

8.3 Introduction of integrated smartpen systems

9 market growth enablers

9.1 Increased prevalence of diabetes

9.2 Increased use of insulin pens in outpatient settings

9.3 Growth in product launches

10 Market Growth Constraints

10.1 Complications associated with insulin pens

10.2 High cost and lack of universal insurance coverage

10.3 Large populations with undiagnosed diabetes

11 Market Overview

11.1 Market Overview

11.2 Market Size and Forecast

11.3 Five Forces Analysis

12 product

12.1 Market Snapshot and Growth Driver

12.2 Market Overview

12.3 Traditional insulin pens

12.4 Smart insulin pens

13 Usage

13.1 Market Snapshot and Growth Driver

13.2 Market Summary

13.3 Disposable insulin pens

13.4 Reusable insulin pens

14 Distribution channel

14.1 Market Snapshot and Growth Driver

14.2 Market Overview

14.3 Hospitals and Clinics

14.4 Independent Pharmacies

14.5 Online

15 Geography

15.1 Geographic overview

15.2 Market Snapshot and Growth Driver

For more information on this report, please visit https://www.researchandmarkets.com/r/nvej10

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Source: Research and Markets

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