The global reusable insulin pens market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing prevalence of diabetes and rising awareness about diabetes management. The increasing number of people suffering from diabetes is driving the demand for insulin pens in various applications such as hospital pharmacy, retail pharmacy, diabetes clinics, and online sales. The global reusable insulin pens market by type is segmented into refillable insulin pens, Bluetooth connected smart insulin pens and USB connected smart insulin pens. The refillable type accounted for the largest share in 2018 owing to its low cost and easy availability in developing countries such as India and China. However, with technological advancements in other types such as Bluetooth connected smart or USB connected smart devices which are more accurate than traditional ones; their share is expected to increase significantly over time due to their accuracy level which helps reduce errors related with dosage calculation or administration errors that may lead to adverse events like hypoglycemia or hyperglycemia among patients with diabetes mellitus type 1 or 2 respectively.
- The increasing prevalence of diabetes is a major factor driving the growth of the global reusable insulin pens market.
- The rising awareness about the benefits of reusable insulin pens is also expected to fuel the growth of this market in the near future.
- The increasing number of people suffering from diabetes and other chronic diseases is also expected to drive this market in coming years.
- Increasing disposable income levels and changing lifestyles are also expected to have a positive impact on this market.
- Increasing government initiatives for promoting healthy living are also anticipated to boost demand for reusable insulin pens.
Industry Growth Insights published a new data on “Reusable Insulin Pens Market”. The research report is titled “Reusable Insulin Pens Market research by Types (Refillable Insulin Pens, Bluetooth Connected Smart Insulin Pens, USB Connected Smart Insulin Pens), By Applications (Hospital Pharmacy, Retail Pharmacy, Diabetes Clinics, Online Sales), By Players/Companies Novo Nordisk, Owen Mumford, BD, Sanofi Diabetes, Medtronic, Roche, Insulet, Bomtech, BioSampling, Mika Medical, Rudolf Riester, Smiths Medical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Reusable Insulin Pens Market Research Report
By Type
Refillable Insulin Pens, Bluetooth Connected Smart Insulin Pens, USB Connected Smart Insulin Pens
By Application
Hospital Pharmacy, Retail Pharmacy, Diabetes Clinics, Online Sales
By Companies
Novo Nordisk, Owen Mumford, BD, Sanofi Diabetes, Medtronic, Roche, Insulet, Bomtech, BioSampling, Mika Medical, Rudolf Riester, Smiths Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Reusable Insulin Pens Market Report Segments:
The global Reusable Insulin Pens market is segmented on the basis of:
Types
Refillable Insulin Pens, Bluetooth Connected Smart Insulin Pens, USB Connected Smart Insulin Pens
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Pharmacy, Retail Pharmacy, Diabetes Clinics, Online Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Novo Nordisk
- Owen Mumford
- BD
- Sanofi Diabetes
- Medtronic
- Roche
- Insulet
- Bomtech
- BioSampling
- Mika Medical
- Rudolf Riester
- Smiths Medical
Highlights of The Reusable Insulin Pens Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Refillable Insulin Pens
- Bluetooth Connected Smart Insulin Pens
- USB Connected Smart Insulin Pens
- By Application:
- Hospital Pharmacy
- Retail Pharmacy
- Diabetes Clinics
- Online Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Reusable Insulin Pens Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Reusable insulin pens are a type of insulin delivery device that can be filled with insulin and used to self-administer the medication. They are often smaller and more portable than traditional needles, which may make them easier for people with diabetes to use.
Some of the major players in the reusable insulin pens market are Novo Nordisk, Owen Mumford, BD, Sanofi Diabetes, Medtronic, Roche, Insulet, Bomtech, BioSampling, Mika Medical, Rudolf Riester, Smiths Medical.
The reusable insulin pens market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Reusable Insulin Pens Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Reusable Insulin Pens Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Reusable Insulin Pens Market - Supply Chain
4.5. Global Reusable Insulin Pens Market Forecast
4.5.1. Reusable Insulin Pens Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Reusable Insulin Pens Market Size (000 Units) and Y-o-Y Growth
4.5.3. Reusable Insulin Pens Market Absolute $ Opportunity
5. Global Reusable Insulin Pens Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Reusable Insulin Pens Market Size and Volume Forecast by Type
5.3.1. Refillable Insulin Pens
5.3.2. Bluetooth Connected Smart Insulin Pens
5.3.3. USB Connected Smart Insulin Pens
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Reusable Insulin Pens Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Reusable Insulin Pens Market Size and Volume Forecast by Application
6.3.1. Hospital Pharmacy
6.3.2. Retail Pharmacy
6.3.3. Diabetes Clinics
6.3.4. Online Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Reusable Insulin Pens Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Reusable Insulin Pens Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Reusable Insulin Pens Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Reusable Insulin Pens Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Reusable Insulin Pens Demand Share Forecast, 2019-2026
9. North America Reusable Insulin Pens Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Reusable Insulin Pens Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Reusable Insulin Pens Market Size and Volume Forecast by Application
9.4.1. Hospital Pharmacy
9.4.2. Retail Pharmacy
9.4.3. Diabetes Clinics
9.4.4. Online Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Reusable Insulin Pens Market Size and Volume Forecast by Type
9.7.1. Refillable Insulin Pens
9.7.2. Bluetooth Connected Smart Insulin Pens
9.7.3. USB Connected Smart Insulin Pens
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Reusable Insulin Pens Demand Share Forecast, 2019-2026
10. Latin America Reusable Insulin Pens Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Reusable Insulin Pens Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Reusable Insulin Pens Market Size and Volume Forecast by Application
10.4.1. Hospital Pharmacy
10.4.2. Retail Pharmacy
10.4.3. Diabetes Clinics
10.4.4. Online Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Reusable Insulin Pens Market Size and Volume Forecast by Type
10.7.1. Refillable Insulin Pens
10.7.2. Bluetooth Connected Smart Insulin Pens
10.7.3. USB Connected Smart Insulin Pens
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Reusable Insulin Pens Demand Share Forecast, 2019-2026
11. Europe Reusable Insulin Pens Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Reusable Insulin Pens Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Reusable Insulin Pens Market Size and Volume Forecast by Application
11.4.1. Hospital Pharmacy
11.4.2. Retail Pharmacy
11.4.3. Diabetes Clinics
11.4.4. Online Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Reusable Insulin Pens Market Size and Volume Forecast by Type
11.7.1. Refillable Insulin Pens
11.7.2. Bluetooth Connected Smart Insulin Pens
11.7.3. USB Connected Smart Insulin Pens
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Reusable Insulin Pens Demand Share, 2019-2026
12. Asia Pacific Reusable Insulin Pens Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Reusable Insulin Pens Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Reusable Insulin Pens Market Size and Volume Forecast by Application
12.4.1. Hospital Pharmacy
12.4.2. Retail Pharmacy
12.4.3. Diabetes Clinics
12.4.4. Online Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Reusable Insulin Pens Market Size and Volume Forecast by Type
12.7.1. Refillable Insulin Pens
12.7.2. Bluetooth Connected Smart Insulin Pens
12.7.3. USB Connected Smart Insulin Pens
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Reusable Insulin Pens Demand Share, 2019-2026
13. Middle East & Africa Reusable Insulin Pens Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Reusable Insulin Pens Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Reusable Insulin Pens Market Size and Volume Forecast by Application
13.4.1. Hospital Pharmacy
13.4.2. Retail Pharmacy
13.4.3. Diabetes Clinics
13.4.4. Online Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Reusable Insulin Pens Market Size and Volume Forecast by Type
13.7.1. Refillable Insulin Pens
13.7.2. Bluetooth Connected Smart Insulin Pens
13.7.3. USB Connected Smart Insulin Pens
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Reusable Insulin Pens Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Reusable Insulin Pens Market: Market Share Analysis
14.2. Reusable Insulin Pens Distributors and Customers
14.3. Reusable Insulin Pens Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Novo Nordisk
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Owen Mumford
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BD
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sanofi Diabetes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Medtronic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Roche
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Insulet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bomtech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BioSampling
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mika Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rudolf Riester
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Smiths Medical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook