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Top 10 Insulin Pens Market Players Revenue, Size, Share, and Forecast 2026 | Sanofi, Eli Lilly and Company, Novo Nordisk, TERUMO CORPORATION

October 9th, 2019 Fortune Business Insights Releases

The Global Insulin Pens Market to gain from rising prevalence of diabetes around the world. Fortune Business Insights recently announced a report, titled “Insulin Pens Market Size, Share and Global Trend by Product Type (Disposable, Reusable), By Application (Type 1 Diabetes, Type 2 Diabetes), By Distribution Channel (Online Pharmacies, Hospital Pharmacies, Retail Pharmacies, Diabetes Clinics), Geography Forecast till 2026.”

The market is expected to witness high demand in North America owing to the increasing prevalence of diabetes in nations such as the U.S. and Canada. Additionally, rapid technological advancements in insulin pens in the region is likely to propel growth in the market.

Get PDF Brochure for this Report:

https://www.fortunebusinessinsights.com/enquiry/sample/insulin-pens-market-100252

key Players Covered in the Insulin Pens Market research report are

  • Braun Medical
  • Eli Lilly and Company
  • BD
  • Novo Nordisk
  • Sanofi
  • Owen Mumford Ltd
  • Ypsomed AG
  • Terumo Medical Corporation
  • HTL-Strefa, Inc.

“Increasing Healthcare Expenditure to Drive Market”

Increasing per capita income and increasing healthcare expenditure are some factors anticipated to drive the global market during the forecast period. Additionally, technological upgrades in the insulin pens is likely to propel adoption of pens.

For instance, Novo Nordisk A/S announced the launch of a bluetooth connected smart insulin pen in 2018. The smart pen is enabled to record the dose of insulin and timely logs. The amount of pain is comparatively less to normal insulin pens.

On the contrary, high price of insulin pens and looming risk of administering wrong dose of insulin are some factors that may restrain the global insulin pens market.

In addition to this, growth in Europe is expected to be commendable backed by the shifting consumer preference in favor of self-administering medicines rather than depending on hospitals and clinics. This is further expected to increase the growth rate of the global market. Besides this, Asia Pacific is expected to expand at a relatively higher CAGR owing to a large patient pool present in the region. Furthermore, innovative market penetration strategies used by key players in the region is anticipated to facilitate adoption of insulin pens.

Speak to Analyst:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/insulin-pens-market-100252

Key player are expected to raise awareness and promote self-use of insulin pens. This in turn is likely to facilitate the adoption of insulin pens among patients and enable growth in the global insulin pens market.” Said a lead analyst at Fortune Business Insights.

“Launch of Toujeo to Propel Growth”

The global market is witnessing entry of new players in the market. Key developers are focusing on technological upgrades in insulin pens to strengthen their brand presence. For instance, Sanofi received the Food and Drug Administration approval for its new insulin pen, named Toujeo Max SoloStar, in 2018. The pen offers long-lasting insulin action for special patients, in order to reduce the number of injections. This is anticipated to fuel the demand in the global market.

Segmentation of the Global Insulin Pens Market

By Product Type

  • Disposable
  • Reusable

By Application

  • Type 1 Diabetes
  • Type 2 Diabetes

By Distribution Channel

  • Online Pharmacies
  • Hospital Pharmacies
  • Retail Pharmacies
  • Diabetes Clinics
  • Others

Browse Complete Report:

https://www.fortunebusinessinsights.com/industry-reports/insulin-pens-market-100252

KEY QUESTIONS ANSWERED:

  • What is the market size and growth rate of the global and regional market by various segments?
  • What is the market size and growth rate of the market for selective countries?
  • Which region or sub-segment is expected to drive the market in the forecast period?
  • What Factors are estimated to drive and restrain the market growth?
  • What are the key technological and market trends shaping the market?
  • What are the key opportunities in the market?
  • What are the key companies operating in the market?
  • Which company accounted for the highest market share?
  • Why Choose Fortune Business Insights?

About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Corporate office

Fortune Business Insights Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

 Email: sales@fortunebusinessinsights.com

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