Title: Insulin Pen Market Global Forecast by Diabetes Population & Type - Renub Research
1Insulin Pen Market
Insulin Pen Market
2Report Description and Highlights
- An insulin pen is a medical device that is used
by diabetic people to inject insulin. The device
is consists of an insulin cartridge, a dial to
measure the dose, and disposable pen needles to
deliver the dose. Currently, there are 3 types of
insulin pens available in the market (Disposable,
Reusable, and Smart) insulin pen. According to
Renub Research report, the Global Insulin Pen
Market is expected to surpass US 35 Billion by
the end of the year 2025. - Types of Insulin Pens
- A disposable insulin pen comes with pre-filled
insulin. Once the insulin cartridge is over than
the entire insulin pen is disposed. The
disposable insulin pen is also called prefilled
insulin pen. - A reusable pen contains a replaceable insulin
cartridge. So once the insulin cartridge is
empty, than it needs to be replaced with a new
one. A reusable insulin pen is also known as a
durable insulin pen. - Smart insulin pen is the Bluetooth enabled
insulin pen that records the time/date of insulin
injections that have been delivered. The recent
addition to the pack Smart insulin pen is also
known as a connected insulin pen.
Insulin Pen Market
3Insulin Pen Market
Insulin Pen advantages over Syringe According to
various studies, research, and surveys, insulin
pen has an advantage over conventional syringe or
vials. In syringe, patients have to fill insulin
themselves and have to pay a lot of attention
while giving adequate units before injection.
This could be a problem for aged patient who
generally has weak eyesight, and they may face
difficulties while filling the precise quantity
of insulin. The insulin pen eradicates these
entire problems as its safe and simple to use
and convenient for aging population as they have
the tendency to forget. Due to these advantages,
people with diabetes are shifting from syringe to
pen globally. Moreover, rising per capita income
of diabetic people across the world is also
increasing the acceptability of insulin pen over
vials.
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Insulin Pen Market
4Insulin Pen Market
Growth Factors Challenges of the Insulin Pen
Market The major factors that are fueling the
growth of the insulin pen market are rising
diabetes population (especially type 2 diabetes
population), increasing geriatric population,
growth in obese population globally, etc. On the
contrary, the challenges of the market growth are
the availability of alternatives to insulin pens
in the market and the high cost of insulin
pens. Renub Research report titled Insulin Pen
Market Users by Diabetes Population (Type 1,
Type 2), Countries (United States, Germany,
Sweden, United Kingdom, Australia, India, China,
Brazil, Saudi Arabia, Netherlands, and
Switzerland), Types of Insulin Pen (Disposable,
Reusable, Smart), Insulin pen Needle Market,
Reimbursement Policies, Company Analysis (B.Braun
Melsungen AG, Eli Lilly and Company, Artsana
S.p.A., BD (Becton Dickinson), Novo Nordisk A/S,
Mumford Ltd.) provides a complete analysis of
global insulin pen market.
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Insulin Pen Market
5Insulin Pen Market
Global Forecast for Insulin Pen Market Share ()
- Country (2020 - 2025)
Source Renub Research Analysis Note
These are dummy figures actual data given in the
report
Insulin Pen Market
6Insulin Pen Market
11 Countries Insulin Pen Market Users covered
in the report 1. United States 2.
Germany 3. Sweden 4. United Kingdom5.
Australia 6. India 7. China 8.
Brazil9. Saudi Arabia 10.
Netherlands 11. Switzerland Diabetes
Population In this report, insulin pen markets
are categorized based on diabetes population
Type 1 Diabetes population, and Type 2 Diabetes
Population. Insulin Pen Disposable Insulin Pen
holds significant Market Share In this report,
Insulin Pen Market is categorized based on
pen-type Disposable Insulin Pen, Reusable
Insulin Pen, Smart Insulin Pen, and Insulin Pen
Needle Market. Disposable Insulin Pen holds a
significant market share
Insulin Pen Market
7Insulin Pen Market
Global Forecast for Insulin Pen Market Share ()
by Type (2020 - 2025)
Source Renub Research Analysis Note
These are dummy figures actual data given in the
report
Insulin Pen Market
8Insulin Pen Market
- All the companies have been studied from three
points - Overview Recent Developments Sales
Analysis - Companies Covered
- B. Braun Melsungen AG
- Eli Lilly and Company
- Artsana S.p.A.
- BD
- Novo Nordisk A/S
- Owen Mumford Ltd.
- Ypsomed AG
- Terumo Corporation
Insulin Pen Market
9Insulin Pen Market
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Insulin Pen Market