Press release
Precise Insulin Delivery With Smart Insulin Pens Enhancing Diabetes Care And Driving Market Growth Driving Market Acceleration in the Smart Insulin Pens Industry, 2025
Smart Insulin Pens
How Large Will the Smart Insulin Pens Market Size By 2025?
In recent years, there has been robust growth in the size of the smart insulin pens market. The market, valued at $0.11 billion in 2024, is projected to grow to $0.12 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 6.6%. Such growth over the historic period can be traced back to factors such as the rising prevalence of diabetes, sturdy economic growth in emerging markets, a growing elderly population, increased spending on healthcare, and reforms in public health insurance.
How Big Is the Smart Insulin Pens Market Size Expected to Grow by 2029?
The market for smart insulin pens is anticipated to experience robust growth in the upcoming years, projected to reach $0.15 billion by 2029, with a compound annual growth rate (CAGR) of 7.4%. The predicted growth during the forecast period could be driven by factors such as rising disease prevalence, government actions and advancements in technology. The future period is likely to see key trends, such as partnerships with tech firms, the emergence of smart insulin delivery devices, the development of novel insulin delivery methods, the incorporation of the internet of things, and a rise in mergers and acquisitions.
View the full report here:
https://www.thebusinessresearchcompany.com/report/smart-insulin-pens-global-market-report
Which Key Market Drivers Powering Smart Insulin Pens Market Expansion and Growth?
Insulin pens offer a more precise dosing solution than a syringe or a vial, an advantage for children who need to administer insulin during school, and visually impaired diabetic patients. Using the dosage dial, an exact dosage can be predetermined, ensuring accurate delivery during injection time. Novo Nordisk's Echo Plus, an insulin pen catering to paediatric use, permits half-unit dosing up to a maximum of 30 units. Lilly's HumaPen Luxura HD allows insulin delivery in half-unit increments, as does Novo Nordisk's NovoPen Junior - Insulin Pen, known for its precise insulin delivery and fine adjustments, including half-unit increments. This precision in dose delivery prevents over or under-dosing, which is likely to fuel demand for smart insulin pens and bolster market growth in the sector.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3090&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Smart Insulin Pens Market?
The advanced development in smart insulin pens extends more than mere memory storage. Such pens aid in determining individualized doses, continuously monitor glucose levels, and sync with mobile apps to graphically display the data. In November 2022, Eli Lilly and Company, a US pharmaceutical entity, unveiled the Tempo, a Personalized Diabetes Management Platform. This broad system, created by Eli Lilly, is aimed at improving self-care for adults suffering from type 1 and type 2 diabetes. The reusable device, the Tempo Smart Button, fits onto the Tempo Pen, recording and transmitting the insulin dosing data. Concurrently, the TempoSmart App documents these dosages and provides customised education and medication reminders.
What Are the Emerging Segments in the Smart Insulin Pens Market?
The smart insulin pens market covered in this report is segmented -
1) By Type: First Generation Pens, Second Generation Pens
2) By Usability: Prefilled, Reusable
3) By Application: Type 1 Diabetes, Type 2 Diabetes
4) By End User: Hospitals & Clinics, Ambulatory Surgical Centres, Home Care Settings
Subsegments:
1) By First Generation Pens: Basic Smart Insulin Pens With Standard Features, Simple Connectivity to Mobile Apps for Tracking and Logging Insulin Doses
2) By Second Generation Pens: Advanced Smart Insulin Pens With Enhanced Features, Real-Time Data Sharing With Healthcare Providers and Caregivers, Sophisticated Mobile Applications for Comprehensive Diabetes Management
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=3090&type=smp
Who Are the Global Leaders in the Smart Insulin Pens Market?
Major companies operating in the smart insulin pens market include Companion Medical, Novo Nordisk A/S, F. Hoffmann-La Roche AG, Emperra GmbH E-Health Technologies, Diamesco Co. Ltd., Digital Medics Pvt Ltd., Bigfoot Biomedical, Diabnext, Insulet Corporation, Jiangsu Delfu Medical Device Co. Ltd., Sanofi India, Becton Dickinson, Biocon Ltd, Mehar healthcare, Johnson & Johnson, Covidien Healthcare, Philips Healthcare India, Shandong WeiGao Group Medical Polymer Company Limited, Yuwell medical equipment & supply Co, Terumo, NIPRO, Olympus Medical Systems, Nihon Koden, Medtronic PLC, Ypsomed Holding AG, Berlin-Chemie AG, Patients Pending Ltd, Dexcom, Insujet, Eli Lilly., Abbott Laboratories, Tandem Diabetes Care, Inc.
Which are the Top Profitable Regional Markets for the Smart Insulin Pens Industry?
North America was the largest region in the smart insulin pens market in 2024. Western Europe was the second largest region in the global smart insulin pens market share. The regions covered in the smart insulin pens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3090
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Precise Insulin Delivery With Smart Insulin Pens Enhancing Diabetes Care And Driving Market Growth Driving Market Acceleration in the Smart Insulin Pens Industry, 2025 here
News-ID: 4108255 • Views: …
More Releases from The Business Research Company
Key Drivers Reshaping the Purvalanol A (CDK Inhibitor) Market: Increasing Preval …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Purvalanol A (CDK Inhibitor) Market Size Growth Forecast: What to Expect by 2025?
The market size for purvalanol A (CDK inhibitor) has witnessed a substantial expansion in the past few years. It is projected to escalate from $0.58 billion in 2024 to $0.64 billion in 2025, with a compound…
Growing Emphasis On Personalized Medicine Driving The Market Due To Advances In …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Polygenic Risk Score Services Market Size Growth Forecast: What to Expect by 2025?
The market size for polygenic risk score services has seen considerable growth in recent years. Anticipated to increase from $1.24 billion in 2024 to $1.45 billion in 2025, it projects a compound annual growth rate (CAGR)…
Future of the Global Pharmaceutical Unit-Dose Packaging Market: Trends, Innovati …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Pharmaceutical Unit-Dose Packaging Market Size Growth Forecast: What to Expect by 2025?
The market size of the pharmaceutical unit-dose packaging industry has experienced quick expansion in the recent past. The market, valued at $48.78 billion in 2024, is projected to rise to $54.50 billion in 2025, reflecting a compound…
Personal Care Product Testing Market Poised to Hit $10.37 Billion by 2029 with A …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Personal Care Product Testing Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for personal care product testing has seen robust growth. It's projected to increase from $7.28 billion in 2024 to $7.84 billion in 2025, with a compound annual growth…
More Releases for Pen
Orivelle Fungus pen Reviews: Is Orivelle Nail Fungus Pen Worth Buying?
Orivelle Fungus pen Reviews: Is Orivelle Nail Fungus Pen Worth Buying?
Nail health is often overlooked until a problem becomes too visible to ignore. For many people, fungal infections on toenails and fingernails bring more than just discomfort. They affect confidence, self-image, and even everyday choices like wearing sandals or shaking hands. Nail fungus, medically known as onychomycosis, is not only common but also notoriously difficult to treat. Traditional solutions…
M80 Phoenix Pen Light Reviews - Fun Fact About This Tactical Light Pen
M80 Phoenix Pen Light Reviews - Fun Fact About This Tactical Light Pen
Illuminate with Precision: Why the M80 Phoenix Pen Light is a Tactical Must-Have
In a world where everyday carry (EDC) gear must be compact, functional, and resilient, the M80 Phoenix PenLight rises above the noise. This high-performance tactical pen light isn't just another flashlight-it's a purpose-built survival tool engineered for professionals, adventurers, and anyone who values preparedness.
Combining military-grade construction,…
HERO PRIVACY PEN REVIEWS 2024:BUYERS BEWARE! IS HERO PRIVACY PEN LEGIT?
The Hero Privacy Pen stands as a beacon of defense against the ever-growing threat of electronic surveillance. In today's digital age, where hidden cameras, audio bugs, and GPS trackers lurk in the shadows, this compact yet powerful device empowers individuals to reclaim their privacy with confidence. Designed to be both user-friendly and highly effective, the Hero Privacy Pen offers a comprehensive solution for detecting and neutralizing covert spying attempts in…
Ball Pen Market to Witness Huge Growth by 2027 | Waterman, Parker, Pilot Pen
Latest published market study on Global Ball Pen Market provides an overview of the current market dynamics in the Ball Pen space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are in coverage…
Luxury Pens Market to Witness Huge Growth by 2026 : Paradise Pen, Sanford, Parke …
The Global Luxury Pens Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2020 and may grow further during the forecast period (2021-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. These insights also help the business decision-makers to…
Pen Needles Market
The global pen needles market is forecast to reach USD 2.48 Billion by 2026, according to a new report by Reports and Data. Pen needles offer several advantages over conventional needle and syringe device. These devices aid in self-administration of the medication and does not require any expertise. These needles are screwed to injection pens via the plastic hub and have the prescribed quantity of medication in it, which gets…
