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Smart Insulin Pens Market expected to grow at a CAGR of 17.9% in terms of value during 2017-2027

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Smart Insulin Pens Market expected to grow at a CAGR of 17.9% in terms of value during 2017-2027

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  1. Smart Insulin Pens Market: Global Industry Analysis and Opportunity Assessment 2017-2027 May 2017 Report Id : REP-GB-1827 Status : April-2017 Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

  4. Smart Insulin Pens Market Global Market for Smart Insulin Pens Poised to Expand at 17.9% CAGR during 2017-2027 Increasing pool of diabetic patients witnessed across the globe has prompted leading manufacturers of medical devices towards development of ground-breaking products. Smart insulin pens are among such devices that have revolutionised the global market for diabetic injection pens. A recent study published by Future Market Insights projects that the global smart insulin pens market, which is currently valued at US$ 0.86 Mn, will expand vigorously at 17.9% CAGR through the end of 2027. During this ten-year forecast period, the global demand for smart insulin pens is estimated to surge rapidly as medical device manufacturers will be actively adopting advanced technologies that deliver cutting-edge devices. While the parent market – global diabetic injection pens market – is presently worth US$ 4.9 Bn, contribution of revenues arising from global sales of smart insulin pens will remain minimal. Nevertheless, the global smart insulin pens market will bring in more than US$ 4 Mn revenues by the end of 2027. The report, titled “Smart Insulin Pens Market: Global Industry Analysis and Opportunity Assessment, 2017- 2027,” also reveals that Europe will emerge as a dominant region for growth of global smart insulin pens market. Sales of smart insulin pens across European countries are anticipated to bring in over US$ 2.4 Mn by end of 2027. Meanwhile, awareness regarding smart insulin pens is expected to rise robustly across the US and Canada. North America’s smart insulin pens market is, thus, estimated to register revenue growth at a staggering 26.7% CAGR. Through 2027, sales of smart insulin pens across Asia-Pacific region are also projected to gain traction, bringing in a little over US$ 1.2 Mn in revenues. Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1827 ©2015 Future Market Insights, All Rights Reserved 4

  5. Smart Insulin Pens Market Key Trends Driving the Demand for Smart Insulin Pens A crucial factor fuelling the global sales of smart insulin pens is higher dependency of patients & medical professionals on data obtained from clinical trials. Conventional devices are unable to offer facilities that are provided through smart insulin pens. The demand for smart insulin pens is also driven by preference of health insurers towards outcome-based compensation models. Moreover, medical device manufacturers are looking at profitable opportunities arising from rising adoption of medical management processes, increasing development of insulin adherence programs, and higher demand for patient-centric devices. It has been estimated that during the forecast period, the global market for smart insulin pens will witness active participation from three medical device manufacturers – Companion Medical Inc., Emperra GmbH E- Health Technologies and Digital Medics Pty Ltd. The report further reveals that a majority of smart insulin pens sold across the world will be purchased for treatment of type II diabetes. The demand for smart insulin pens among type I diabetics is expected to remain considerably lower, procuring global revenues of just over US$ 700,000. Connectivity of smart insulin pens is also observed as a key aspect impacting the market’s growth. And, the report projects the global smart insulin pens market to remain equally split between Bluetooth and USB-connected pens through the end of 2027. The report also expects clinics and ambulatory surgical centres (ASCs) based across the globe as the largest distribution channels for smart insulin pens. In 2017, close to 88% of global smart insulin pens revenues are likely to be accounted by clinics and ASCs. ©2015 Future Market Insights, All Rights Reserved 5

  6. Smart Insulin Pens Market On the other hand, proliferation of online commercial platforms will also play a key role in distribution of smart insulin pens. Throughout the forecast period, e-Commerce distribution channels are expected to exhibit revenue growth at more than 24% CAGR. Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 6

  7. Table of Content 1. Executive Summary 2. Market Introduction 2.1. Market Definition 2.2. Market Taxonomy 2.3. Parent Market Evolution 3. Global Dengue Vaccine Market Analysis Scenario 3.1. Market Size (US$ Mn) and Forecast 3.1.1. Market Size and Y-o-Y Growth 3.2. Market Overview 3.2.1. Product Overview 3.2.2. Architecture of Smart Connected Insulin Pens 4. Market Dynamics 4.1. Macro-economic Factors 4.2. Drivers 4.2.1. Supply Side 4.2.2. Demand Side 4.3. Restraints 4.4. Opportunity ©2015 Future Market Insights, All Rights Reserved 7

  8. Table of Content 4.5. Forecast Factors – Relevance and Impact 4.6.Disease Epidemiology 5. Global Smart Insulin Pens Market Analysis and Forecasts, By Indication 5.1. Introduction 5.2. Basis Point Share (BPS) Analysis By End User 5.3. Y-o-Y Growth Projections By End User 5.4. Market Value Forecast By End User, 2017–2027 5.4.1. Type 1 Diabetes 5.4.2. Type 2 Diabetes 5.5. Prominent Trends 5.6. Market Attractiveness By Indication 6. Global Smart Insulin Pens Market Analysis and Forecasts, By Connectivity 6.1. Introduction 6.2. Basis Point Share (BPS) Analysis By Connectivity 6.3. Y-o-Y Growth Projections By Connectivity 6.4. Market Value Forecast By Modality, 2017–2027 6.4.1. Bluetooth Connected Smart Insulin Pen 6.4.2. USB Connected Smart Insulin Pen 6.5. Prominent Trends ©2015 Future Market Insights, All Rights Reserved 8

  9. Table of Content 7. Global Smart Insulin Pens Market Analysis and Forecasts, By Distribution Channel 7.1. Introduction 7.2. Basis Point Share (BPS) Analysis By Distribution Channel 7.3. Y-o-Y Growth Projections By Distribution Channel 7.4. Market Value Forecast By Distribution Channel, 2017–2027 7.4.1. Clinics and Ambulatory Surgical Centers 7.4.2. e-Commerce 7.4.3. Retail Pharmacies 7.5. Prominent Trends 7.6. Market Attractiveness By Distribution Channel Click here to Order a free sample 8. Global Smart Insulin Pens Market Analysis and Forecasts, By Region 8.1. Basis Point Share (BPS) Analysis By Region 8.2. Y-o-Y Growth Projections By Region 8.3. Market Value Forecast By Region 8.3.1. North America 8.3.2. Europe 8.3.3. Asia Pacific 8.3.4. Rest of The World 8.4. Market Attractiveness By Region ©2015 Future Market Insights, All Rights Reserved 9

  10. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 10

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