Smart Insulin Pens Market Volume Forecast And Value Chain Analysis 2016 2026

847 words - 4 pages

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 ...view middle of the document...

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

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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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...

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