Diabetes Insulin Delivery Pens Market

The Global Diabetes Insulin Delivery Pens Market is valued at USD 3868.4 Million in 2018 and expected to reach USD 6847.6 Million by 2025 with the CAGR of 8.50% over the forecast period.

Global Diabetes Insulin Delivery Pens Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2029. Rising awareness about advanced insulin delivery devices among diabetic patients will augment the demand for diabetes insulin delivering pens.

Market Analysis of Global Diabetes Insulin Delivery Pens

Insulin pens are gaining popularity and many people with diabetes nowadays use a pen to administer insulin. This pen allows more simple, accurate, and convenient delivery than using a viral and syringe. Insulin pen is defined as a type of insulin injection device which is somewhat larger in size than the pen, insulin refill in the pen. Insulin pen is easy to carry and can conveniently be fit with specific refill filled with insulin. It also avoids the patient from the cumbersome procedure of extraction with a syringe from the insulin bottle, thereby, reduces embarrassment in public and supplies convenience for poor vision and even blindness sufferers. Diabetes is a significant health condition that is rapidly growing among the world population; therefore, the adoption of smart insulin pens is necessary for safe and effective control of insulin to people who have diabetes.

Global diabetes insulin delivery pens market report is segmented on the basis of type, application, end-users and region & country level. Based on type, global diabetes insulin delivery pens market is classified as reusable insulin pens and disposable insulin pens. Based upon application, global diabetes insulin delivery pens market is classified into hospital & clinic, retail pharmacy, and online sales. Based upon end-users, global diabetes insulin delivery pens market is classified into hospitals & clinics, ambulatory surgical centers and home care settings.

The regions covered in this diabetes insulin delivery pens market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of diabetes insulin delivery pens is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Diabetes Insulin Delivery Pens Market Key Players

Global Diabetes Insulin Delivery Pens market report covers prominent players like

• Sanofi
• Eli Lilly
• Bigfoot Biomedical
• Medtronic
• Novo Nordisk
• Insulet Corporation
• Becton Dickinson and Company (BD)
• Roche
• Ypsomed
• Wockhardt
• Braun
• Abbott Laboratories
• Biocon Ltd.
• Companion Medical
• Emperra GmbH E-Health Technologies
• Digital Medics Pty Ltd.
• Owen Mumford
• others

Diabetes Insulin Delivery Pens Market Segmentation

By Type:

• Reusable Insulin Pens
• Disposable Insulin Pens

By Application:

• Hospital & Clinic
• Retail Pharmacy
• Online Sales

By End-User:

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Home Care Settings

By Regional & Country Analysis:

• North America

  • U.S.
  • Canada

• Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

• Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC
  • Latin America
  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

• The Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA

Diabetes Insulin Delivery Pens Market Dynamics

Increasing obese population is a major factor responsible for the growth of the insulin delivery pens market. Obesity leads to a high risk of medical conditions such as hypertension, type 2 diabetes, and cardiovascular problems. Countries across the globe are witnessing a sharp increase in the number of people with obesity, which, in turn, is resulting in increased prevalence of diabetes, further increase the demand of insulin infusion devices for its management. According to the World Health Organization (WHO), around 2.8 million people die every year as a result of obesity or being overweight, and approximately 44% of the diabetes cases reported globally is due to obesity or excess weight. Additionally, the advanced methods for insulin delivery include minimum invasiveness in an enhanced manner; reducing patient’s burden will positively affect the market growth over the forecast period. However, high cost of insulin delivery devices and lack of insurance coverage in developing countries may hamper the market expansion in the near future.

Diabetes Insulin Delivery Pens Market Regional Analysis

North America is expected to dominate the global diabetes insulin delivery pens market. The growth of the regional segment is primarily driven by growing diabetic population and the conveniences of technologically advanced devices are the major factors contributing to the growth of the market in North America. According to the Centers for Disease Control and Prevention, in 2015, approximately 30.3 million people or 9.4% of the total population of the U.S. suffered with diabetes. In addition, according to the Diabetes UK, in 2016, approximately 3.6 million people were diagnosed with diabetes. Hence, increase in diabetics is expected to have a positive impact on the market in this region.

Asia Pacific is expected to emerge as the fastest growing regional market due to rising awareness about advanced technology available for treatment of diabetes and favorable reimbursement policies are the major factors expanding the Asia Pacific insulin delivery pens market.

Report Analysis	Details
Historical data	2016 - 2021
Forecast Period	2019 - 2025
Market Size in 2018:	USD 3868.4 Million
Base year considered	2018
Forecast Period CAGR %:	8.50%
Market Size Expected in 2025:	USD 6847.6 Million
Tables, Charts & Figures:	175
Pages	200
Key Players/Companies	Sanofi,Eli Lilly,Bigfoot Biomedical,Medtronic,Novo Nordisk,Insulet Corporation,Becton,Dickinson and Company (BD),Roche,Ypsomed,Wockhard,Braun,others.
Segments Covered	By Product, By Applications
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa