Future Market Insights has announced the addition of the “Smart Insulin Pens Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.

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Global Smart Insulin
Pens Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016-2026
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3. Diabetes is a metabolic disease in which a person is suffering from high blood sugar or
high blood glucose owing to inadequate response to insulin by the body. Patients with
high blood glucose will experience symptoms of frequent urination or polyuria,
disproportionate thirst, fatigue, slow healing of wounds and intense hunger. According to
National Health and Nutrition Examination Survey 2012, around 11.2 million people aged
65 and above are suffering from diabetes which account for 26% of the U.S. population.
There are various treatments available to overcome diabetes. Insulin pens are alternative
to traditional syringe method to inject insulin. Moving towards the advanced high-
technology for managing diabetes condition new feature is added to smart insulin pen
devices with inbuilt Bluetooth feature in insulin pens which enables patients to track
their doses, send alerts and reminders, and can transfer the insulin data to a smartphone.
In addition to that, a smartphone app is also developed and are compatible with other
Bluetooth devices which help in sharing the data for the most complete picture of blood
sugar level for patients who prefer latest technology solution and immediate data for
self-management. Smart insulin pens also help in transfer the insulin data wirelessly and
made visible to physicians and patients who want an easy solution and still not willing to
use smartphones or other devices.
Smart Insulin Pens Market: Drivers and Restraints
Smart insulin pens market is witnessing a maximum growth owing to increase in
prevalence of diabetes among geriatric population, technology advancement in insulin
delivery, accuracy with the device and awareness about diabetes care. Also, the surge in
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4. the adoption of smartphones to have data available at every point of time that simplify
the treatment leads to the surge in mobile health technologies and services is expected
to expand the smart insulin pens market during the forecast period. However, the cost of
the pen is high compared to syringes, alternative treatment options, lack of dose
flexibility for what patient need and device inaccuracy may hamper the growth of smart
insulin pens market.
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Smart Insulin Pens Market: Segmentation
The smart insulin pens market has been classified on the basis of product, application
and end user.
Based on products, the smart insulin pens market is segmented into the following:
• Reusable/ Durable Insulin Pens
• Prefilled/ Disposable Insulin Pens
• Accessories
• Insulin Cartridge
• Pen Needles
• Timesulin Pen Cap
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5. Based on Fabrication Material, the smart insulin pens market is segmented into the
following:
• Metal
• Plastic
Based on Technology, the smart insulin pens market is segmented into the following:
• Spring loaded
• Jet Injectors
• Bluetooth
Based on end users, the Smart Insulin Pens Market is segmented into the following:
• Hospital Pharmacies
• Retail Pharmacies
• Drugstores
• E-commerce
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6. Smart Insulin Pens Market: Overview
With the rapid increase in the modern high-technology and e-healthcare services include
healthcare apps on smartphone devices which help patients with dose reminders or
alerts to witness the growth of smart insulin pens market in near future. Moreover, with
an increase in the healthcare infrastructures for patients suffering from diabetes, an
advanced wireless technology that transmits data to a mobile app, positive outcomes of
devices, digitalization of diabetes management and wide acceptance of device among
patients exhibits the growth of smart insulin pens in near future.
Smart Insulin Pens Market: Region-wise Outlook
Depending on the geographic region, Smart Insulin Pens Market is segmented into seven
key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific,
Japan, and the Middle East & Africa. North America held the largest share in the Smart
Insulin Pens Market followed by Europe, Japan, and Asia Pacific owing to the high
prevalence of diabetes, growing aging population, reimbursement for treatment by
health insurance companies and developed healthcare infrastructure. The developing
nations in Asia Pacific, the Middle East and Africa hold huge potential for growth in the
smart insulin pens market, due to increasing in the acceptance of insulin pens among
diabetic patients which reduces dependency on others and increasing prevalence and
awareness about diabetes.
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7. Smart Insulin Pens Market: Key Players
Key players of Smart Insulin Pens Market are Emperra GmbH, Jiangsu Delfu medical
device Co.,Ltd, Eli Lilly and Company, Novo Nordisk A/S and Digital Medics Ptd Ltd and
Vigihealth.
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