The global smart insulin pens market was valued at USD 67.91 Million in 2022 and grew at a CAGR of 10.91% from 2023 to 2032. The market is expected to reach USD 191.26 Million by 2032. The growth of the smart insulin pens market can be attributed to the rise in patients suffering from chronic respiratory diseases.
Reusable smart insulin pens automatically record when a person injects insulin, how much was injected and when during the day. The gadgets may alert a user when a dose has been missed and contain a dose memory display that shows how much time has passed since the last dose. This data can then be delivered virtually to assist users in managing their insulin data more conveniently and in a single location after their smart insulin pen is connected to an integrated app. This system tracks doses, calculates and issues reports, alerts, and reminders that are all very useful. Smart insulin pens enhance the diabetes care environment for patients, providers, and health systems. Digital dose capture, real-time wireless connectivity, and integration with individualized dosing decision support are improvements to existing SIPs.
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1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Connectivity
4.3.2. Market Attractiveness Analysis by Product Type
4.3.3. Market Attractiveness Analysis by Distribution Channel
4.3.4. Market Attractiveness Analysis by End-users
4.3.5. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing use of smart insulin pens among patients
5.3. Restraints
5.3.1. High cost
5.4. Opportunities
5.4.1. Increasing incidence of diabetes
5.5. Challenges
5.5.1. Stringent regulations for product approval
6. Global Smart Insulin Pens Market Analysis and Forecast, By Connectivity
6.1. Segment Overview
6.2. USB
6.3. Bluetooth
7. Global Smart Insulin Pens Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. First Generation Pens
7.3. Second Generation Pens
8. Global Smart Insulin Pens Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Hospital Pharmacy
8.3. Online Pharmacy
8.4. Retail Pharmacy
9. Global Smart Insulin Pens Market Analysis and Forecast, By End-users
9.1. Segment Overview
9.2. Hospitals and Clinics
9.3. Homecare Settings
9.4. Ambulatory Surgical Centres
9.5. Others
10. Global Smart Insulin Pens Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Smart Insulin Pens Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Smart Insulin Pens Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Bigfoot Biomedical
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Berlin-Chemie
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Digital Medics Pty Ltd.
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Emperra GmbH
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Eli Lilly and Company
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Jiangsu Deflu Medical Device Co. Ltd.
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Novo Nordisk
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Medtronic PLC
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Sanofi
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Pendiq
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
2. Global USB, Based Smart Insulin Pens, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
3. Global Bluetooth, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
4. Global Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
5. Global First Generation Pens, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
6. Global Second Generation Pens, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
7. Global Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
8. Global Hospital Pharmacy, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
9. Global Online Pharmacy, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
10. Global Retail Pharmacy, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
11. Global Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
12. Global Hospitals and Clinics, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
13. Global Homecare Settings, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
14. Global Ambulatory Surgical Centres, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
15. Global Others, Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
16. Global Smart Insulin Pens Market, By Region, 2019-2032 (USD Million)
17. North America Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
18. North America Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
19. North America Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
20. North America Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
21. U.S. Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
22. U.S. Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
23. U.S. Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
24. U.S. Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
25. Canada Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
26. Canada Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
27. Canada Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
28. Canada Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
29. Mexico Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
30. Mexico Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
31. Mexico Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
32. Mexico Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
33. Europe Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
34. Europe Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
35. Europe Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
36. Europe Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
37. Germany Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
38. Germany Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
39. Germany Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
40. Germany Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
41. France Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
42. France Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
43. France Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
44. France Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
45. U.K. Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
46. U.K. Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
47. U.K. Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
48. U.K. Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
49. Italy Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
50. Italy Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
51. Italy Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
52. Italy Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
53. Spain Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
54. Spain Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
55. Spain Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
56. Spain Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
57. Asia Pacific Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
58. Asia Pacific Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
59. Asia Pacific Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
60. Asia Pacific Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
61. Japan Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
62. Japan Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
63. Japan Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
64. Japan Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
65. China Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
66. China Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
67. China Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
68. China Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
69. India Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
70. India Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
71. India Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
72. India Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
73. South America Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
74. South America Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
75. South America Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
76. South America Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
77. Brazil Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
78. Brazil Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
79. Brazil Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
80. BrazilSmart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
81. Middle East and Africa Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
82. Middle East and Africa Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
83. Middle East and Africa Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
84. Middle East and Africa Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
85. UAE Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
86. UAE Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
87. UAE Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
88. UAE Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
89. South Africa Smart Insulin Pens Market, By Connectivity, 2019-2032 (USD Million)
90. South Africa Smart Insulin Pens Market, By Product Type, 2019-2032 (USD Million)
91. South Africa Smart Insulin Pens Market, By Distribution Channel, 2019-2032 (USD Million)
92. South Africa Smart Insulin Pens Market, By End-user, 2019-2032 (USD Million)
List of Figures
1. Global Smart Insulin Pens Market Segmentation
2. Smart Insulin Pens Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Smart Insulin Pens Market Attractiveness Analysis by Connectivity
9. Global Smart Insulin Pens Market Attractiveness Analysis by Product Type
10. Global Smart Insulin Pens Market Attractiveness Analysis by Distribution Channel
11. Global Smart Insulin Pens Market Attractiveness Analysis by End-user
12. Global Smart Insulin Pens Market Attractiveness Analysis by Region
13. Global Smart Insulin Pens Market: Dynamics
14. Global Smart Insulin Pens Market Share by Connectivity (2022 & 2032)
15. Global Smart Insulin Pens Market Share by Product Type (2022 & 2032)
16. Global Smart Insulin Pens Market Share by Distribution Channel (2022 & 2032)
17. Global Smart Insulin Pens Market Share by End-user (2022 & 2032)
18. Global Smart Insulin Pens Market Share by Regions (2022 & 2032)
19. Global Smart Insulin Pens Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global smart insulin pens market based on below mentioned segments:
Global Smart Insulin Pens Market by Connectivity:
Global Smart Insulin Pens Market by Product Type:
Global Smart Insulin Pens Market by Distribution Channel:
Global Smart Insulin Pens Market by End-user:
Global Smart Insulin Pens Market by Region:
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