The insulin pens market was valued at US$ 4,199.7 million in 2018 and is expected to grow at a CAGR of 8.8% from 2019 to 2027 to reach US$ 8,862.0 million by 2027.
Insulin pens are devices used for the diabetes patients to inject the insulin in the patient’s body in desired quantity. The insulin pen is slightly larger than the writing pen in size and it contains the insulin in the refill. Insulin pens have made it convenient and less painful for the diabetic patients to take insulin. Not only insulin pen injects precise amount of insulin in the body but also it may be done in fewer steps than syringe. Driving factors such as, rising incidence of diabetes, growing geriatric population, inclination towards insulin pens over conventional needles & syringes in insulin pens are expected to boost the market growth over the years. However, alternatives to pens for insulin administration and limitation associated with the insulin pens are likely to hamper the market growth. However, growing market in developing regions are likely to deliver substantial growth opportunities to improve market share for industry players in the near future.
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The research dives deep into the global share, size, and trends, as well as growth rate of the Insulin Pens market to project its progress during the forecast period, i.e., 2020–2027. Most importantly, the report further identifies the past, present, and future trends that are expected to influence Insulin Pens the development rate of the Insulin Pens market. The research segments the market on the basis of product type, application, and region.
Elucidating the top pointers from the Insulin Pens market report:
A detailed scrutiny of the regional terrain of the Insulin Pens market:
– The study broadly exemplifies, the regional hierarchy of this market, while categorizing the same into United States, China, Europe, Japan, Southeast Asia & India.
– The research report documents data concerning the market share held by each nation, along with potential growth prospects based on the geographical analysis.
– The study anticipates the growth rate which each regional segment would cover over the estimated timeframe.
Here we have listed the top Insulin Pens Market companies in the world
- Novo Nordisk A/S
- Owen Mumford
- Ypsomed AG
- Companion Medical
- BERLIN CHEMIE AG
- Eli Lilly and Company
- Pendiq GmbH
- Emperra GmbH E-Health Technologies
Reasons for buying this report:
– It offers an analysis of changing competitive scenario.
– For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
– It offers a seven-year assessment of Insulin Pens Market.
– It helps in understanding the major key product segments.
– Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
– It offers a regional analysis of Insulin Pens Market along with business profiles of several stakeholders.
Chapter Details of Insulin Pens Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Insulin Pens Market Landscape
Part 04: Insulin Pens Market Sizing
Part 05: Insulin Pens Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
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