Smart Insulin Pens and Pumps Market Research Report by Product, End Use, Region – Global Forecast to 2026


Smart Insulin Pens and Pumps Market research report by Product (Smart Insulin Pens and Smart Insulin Pumps), by End Use (Home Care, Hospitals and Clinics and Laboratories), by Region (Americas, Asia- Pacific and Europe, Middle East and Africa) – Global Forecast to 2026 – Cumulative Impact of COVID-19

New York, November 04, 2021 (GLOBE NEWSWIRE) – announces the publication of the report “Smart Insulin Pens & Pumps Market Research Report by Product, by End-use, by Region – Global Forecast to 2026 – Cumulative Impact of COVID- 19 “-

The global smart insulin pens and pumps market size was estimated to be USD 541.69 million in 2020 and is expected to reach USD 636.70 million in 2021, at a CAGR of 17.87% to reach USD 1,453.30 million d ‘by 2026.

Market Statistics:
The report provides market size and forecast in five major currencies – USD, EUR GBP, JPY and AUD. It helps organizational leaders make better decisions when currency data is readily available. In this report, the years 2018 and 2019 are considered as historical years, 2020 as the base year, 2021 as the estimated year and the years 2022 to 2026 are considered as the forecast period.

Market segmentation and coverage:
This research report categorizes smart insulin pens and pumps to forecast revenue and analyze trends in each of the following submarkets:

Based on the product, the market has been studied for smart insulin pens and smart insulin pumps. Smart insulin pens are further explored in Companion Medical (Inpen), Emperra Gmbh (ESYSTA Pen), Novo Nordisk (Novo6 and Novo Echo) and Pendiq Smart Diabetes Care (Pendiq 2.0). Smart insulin pumps are discussed in more detail on Accuchek (Combo and Insight), Minimed (630G and 670G), My Life Omnipod, Omnipod and Tandem (T: slim X2 and G4).

On the basis of the end use, the market has been studied in home care, hospitals and clinics and laboratories.

Based on the region, the market has been studied across the Americas, Asia-Pacific and Europe, the Middle East and Africa. The Americas are further explored in Argentina, Brazil, Canada, Mexico, and the United States. The United States is studied in more detail in California, Florida, Illinois, New York, Ohio, Pennsylvania and Texas. Asia-Pacific is further explored in Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. Europe, the Middle East and Africa are studied in more detail in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates and United Kingdom.

Cumulative impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected nearly every industry, and the long-term effects are expected to impact the growth of the industry during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of the underlying issues of COVID-19 and potential pathways to follow. The report provides insight on COVID-19 given changes in consumer behavior and demand, purchasing patterns, supply chain diversion, dynamics of current market forces, and significant government interventions. . The updated study provides information, analysis, estimates and forecasts, considering the impact of COVID-19 on the market.

Competitive strategic window:
The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for suppliers to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to continue the expansion and growth of the business during a forecast period.

FPNV positioning matrix:
The FPNV Positioning Matrix assesses and ranks vendors in the smart insulin pens and pumps market based on business strategy (company growth, industry coverage, financial viability, and channel support) and satisfaction (value for money, ease of use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:
The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of ​​its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.

Competitive scenario:
The competitive scenario provides a forward-looking analysis of the various business growth strategies adopted by the vendors. The news covered in this section delivers valuable insights at different stages while staying up to date with the business and engaging stakeholders in the economic debate. The competitive scenario represents press releases or news from companies categorized as M&A, Agreement, Collaboration and Partnership, New Product Launch and Improvement, Investment and Funding, and Reward, Recognition and Expansion. All the information gathered helps the supplier to understand the market gaps and the strengths and weaknesses of the competitors, thus providing information to improve products and services.

Company usability profiles:
The report deeply explores the significant recent developments of leading vendors and innovation profiles in the Global Smart Insulin Pens and Pumps Market including Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Company, Biocon Ltd., Cellnovo Group, Diamesco Co Ltd., Digital Medics Pty Ltd., Eli Lilly and Company, Emperra Gmbh E-Health technologies, F. Hoffmann-La Roche Ltd, Insulet Corporation, Jingasu Delfu medical device Co., Ltd, Johnson & Johnson Services Inc , MannKind Corporation, Medtronic PLC, Novo Nordisk A / S, Pendiq intelligent Diabetes Care, Sanofi SA, SOOIL Development Co., Ltd., Tandem Diabetes Care, Inc., Valeritas Inc. and Ypsomed Holding.

The report provides information on the following pointers:
1. Market penetration: provides comprehensive information on the market offered by the major players
2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.
3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players
5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast for the global smart insulin pens and pumps market?
2. What are the inhibitory factors and impact of COVID-19 shaping the global Smart Insulin Pens & Pumps market during the forecast period?
3. What are the products / segments / applications / areas to invest in during the forecast period of the global Smart Insulin Pens and Pumps Market?
4. What is the competitive strategic window for opportunities in the global smart insulin pens and pumps market?
5. What are the technological trends and regulatory frameworks in the global smart insulin pens and pumps market?
6. What is the market share of the major vendors in the global smart insulin pens and pumps market?
7. What strategic fashions and moves are considered appropriate for entering the global smart insulin pens and pumps market?
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