A smart insulin pen is a type of reusable injector pen integrated with intuitive smartphone app that can help patient with diabetes to manage insulin administration in a better way.
Medtronic Plc.*, Sanofi S.A., Novo Nordisk A/S, Eli Lilly and Company, Owen Mumford Ltd., BIOCORP, Jiangsu Delfu medical device Co., Ltd., BERLIN-CHEMIE AG, and F. Hoffmann-La Roche AG
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Growing number of individuals with pre-diabetic conditions and increasing prevalence of diabetes is driving growth of the Latin America smart insulin pen market. The U.S. Centers for Disease Control indicates that about 79 million American adults over the age of 20 have prediabetes. As the population ages, becomes increasingly overweight and increasingly inactive, the number of adults with symptoms of prediabetes continues to grow.
High prevalence of needle stick injuries in the region is again expected to foster growth of the market. According to the international journal of Epidemiology report on ‘Global prevalence of percutaneous injuries among healthcare workers: a systematic review and meta-analysis’ published in 2018, the prevalence of needle stick injuries in Latin America was approximately 7.7% in 2018
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Covid-19 Impact Analysis
Manufacturing activities and Supply chain and in Latin American countries such as Argentina, Brazil, Panama, Bolivia, Paraguay, Mexico, and others have been witnessed disruption due to lockdowns implemented by governments. This has ultimately disrupted the transportation of medical devices used for the treatment of diabetes in the region. Thus the outbreak of the Covid-19 pandemic has negatively impacted growth of the Latin America smart insulin pen market.
The Latin America smart insulin pen market is expected to exhibit a CAGR of 8.7 % over the forecast period owing to the advancement in insulin pen and high prevalence of diabetes in the region. For instance, in November 2020, Medtronic plc. has announced the launch of InPen™ integrated with real-time Guardian Connect™ CGM data. InPen is the first and only FDA-cleared smart insulin pen on the market for people on multiple daily injections (MDI).
𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Latin America Smart Insulin Pen Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Latin America Smart Insulin Pen Industry Impact
Chapter 2 Latin America Smart Insulin Pen Competition by Types, Applications, and Top Regions and Countries
2.1 Latin America Smart Insulin Pen (Volume and Value) by Type
2.3 Latin America Smart Insulin Pen (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Latin America Smart Insulin Pen Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Latin America Smart Insulin Pen Market Analysis
Chapter 6 East Asia Latin America Smart Insulin Pen Market Analysis
Chapter 7 Europe Latin America Smart Insulin Pen Market Analysis
Chapter 8 South Asia Latin America Smart Insulin Pen Market Analysis
Chapter 9 Southeast Asia Latin America Smart Insulin Pen Market Analysis
Chapter 10 Middle East Latin America Smart Insulin Pen Market Analysis
Chapter 11 Africa Latin America Smart Insulin Pen Market Analysis
Chapter 12 Oceania Latin America Smart Insulin Pen Market Analysis
Chapter 13 South America Latin America Smart Insulin Pen Market Analysis
Chapter 14 Company Profiles and Key Figures in Latin America Smart Insulin Pen Business
Chapter 15 Latin America Smart Insulin Pen Market Forecast (2021-2027)
Chapter 16 Conclusions
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