Insulin Pen Global Market Outlook Report 2024-2028: Current Market Size and Revenue Growth Prospects for Insulin Pens, with Market Share Analysis by Type, Onset Time, End User and Geographical Region

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Feb 23, 2024, 11:30 ET

DUBLIN, Feb. 23, 2024 /PRNewswire/ -- The "Global Insulin Pen Market" report has been added to ResearchAndMarkets.com's offering.

The global insulin pen market was valued at $9.9 billion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 6.1%, reaching $14.1 billion by the end of 2028.

Growth in this market is fueled by the rising prevalence of diabetes worldwide. As lifestyles change and obesity rates increase, so does the incidence of type 2 diabetes. Additionally, type 1 diabetes rates continue to rise, and both types require insulin for management.

The market for insulin delivery systems is a crucial segment in healthcare, pivotal in addressing diabetes, a chronic ailment affecting millions worldwide. These systems encompass a broad array of tools and techniques to simplify the administration of insulin, a hormone vital for regulating glucose levels in individuals with diabetes. Over time, these systems have undergone significant advancements, providing diabetic individuals with more user-friendly and effective methods to manage their health.

Integral components of this market are insulin pens, pumps, syringes, and patches, each offering distinct advantages and functionalities tailored to the diverse requirements of diabetes patients.

Insulin pens are a shining example of innovation in diabetes treatment, transforming the day-to-day management of this chronic disease. Insulin pens, designed to be user-friendly and portable, have become essential tools for millions worldwide who rely on insulin therapy. These pens provide a practical, discreet, and accurate method of delivering insulin, allowing people with diabetes to administer exact amounts effortlessly and enabling them to live more flexible and balanced lives. Insulin pens have improved in form, functionality, and compatibility since their beginnings, establishing a new standard in diabetes care and improving the quality of life for individuals with the disease. In 2022, the reusable insulin pen segment held the highest market share at about 51.5%, followed by disposable pens at 48.5%.

Report Scope

This report thoroughly examines the worldwide market size of global insulin pen delivery technology, enhancing its appeal to stakeholders and readers alike. Current and historical market revenues are estimated based on the type, duration, end user and region.

The Report Includes

An overview of the global market for insulin pen
Analyses of global market trends, with data from 2020-2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
Evaluation of the current market size and revenue growth prospects specific to insulin pens, accompanied by a comprehensive market share analysis categorized by type, onset time, end user, and geographical region
A look at the innovations, technological advancements, and the launch of novel products from market players
Detailed analysis of the regulatory framework and policies and product pipeline of the industry, and discussion on ESG challenges and ESG practices in the insulin pen market
Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
Comprehensive company profiles of the leading players in the industry

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Market Outlook
Market Summary
Report Highlights

Chapter 3 Market Overview and Definitions

Diabetes
Type 1 Diabetes
Type 2 Diabetes
Role of Insulin
Diabetes Treatment
Market Dynamics

Chapter 4 Market Breakdown by Region

Market Overview and Discussion
Market Size and Forecast
North America
Europe
Asia-Pacific
Rest of the World

Chapter 5 Market Breakdown by Onset Time

Market Overview and Discussion
Long-Acting Insulin
Rapid-Acting Insulin
Intermediate-Acting Insulin
Short-Acting Insulin
Market Size and Forecast
Long-Acting Insulin Pens
Intermediate-Acting Insulin Pens
Short-Acting Insulin Pens
Rapid-Acting Insulin Pens

Chapter 6 Market Breakdown by End User

Market Overview
Hospitals
Pharmacies
Market Size and Forecast
Global Insulin Pen End-Users Market
North American End-User Market
European End-User Market
Asia-Pacific End-User Market
Rest of the World's End-User Market

Chapter 7 ESG Development

Chapter 8 Competitive Landscape

Overview and Industry Scenario
Company Shares
Recent Key Developments

Chapter 9 Company Profiles

AstraZeneca
Biocon
Boehringer Ingelheim International
Eli Lilly And Co.
Johnson & Johnson Services Inc.
Merck & Co. Inc.
Novartis Ag
Novo Nordisk A/S
Sanofi
Viatris Inc.

For more information about this report visit https://www.researchandmarkets.com/r/w9gtfb

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