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Smart insulin pens are smart devices that are used externally to inject insulin to patients with an easy-to-use medium. These devices are further added with features, such as recording data, time, date, and dosage of insulin injected by a patient, which enables efficient diabetes management. Continuous efforts towards the advancement of technologies to manage diabetes have led to the emergence of smart insulin pens. These devices help both patients and health care professionals to overcome technical problems, such as poor insulin adherence, incorrect insulin dosage, and medication errors.<br><br>
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Smart InsulinPens Market wasvaluedatUSD73.8millionin2019andisexpected togrowwithaCAGRof10.8%. www.straitsresearch.com
MarketOverview Smartinsulinpensaresmartdevicesthatareused externally to inject insulin to patients with an easy-to-use medium. These devices are further added with features, such as recording data, time, date, and dosage of insulin injected by a patient, which enables efficient diabetes management.Continuouseffortstowardstheadvancement oftechnologiestomanagediabeteshaveledtothe emergenceofsmartinsulinpens. ThesmartinsulinpensmarketwasvaluedatUSD73.8 millionin2019andisexpectedtogrowwithaCAGRof 10.8%. www.straitsresearch.com
Recent Developments In June 2019, Companion Medical partnered with Rimidi, a cloud-basedmedicalcaresoftwaresolutionprovider,tosupport enable clinicians to analyze insulin dosage integrated with connected glucometers and CGMs in real-time to remotely monitorpatients. In January 2020, Bigfoot Biomedical, a startup focused on automatedinsulindeliveryusingsmartinsulinpens,startedthe SeriesCroundwithaninitialbudgetofUSD45million. www.straitsresearch.com
ByRegions Americas Europe Asia-Pacific TheMiddleEastand Africa www.straitsresearch.com
NovoNordiskA/S Sanofi KeyPlayers Eli Lilly and Company Companion Medical EmperraGmbHE-Health Technologies Diabnext Ypsomed Holding AG DigitalMedicsPtyLtd. JiangsuDelfumedicaldevice Co.Ltd BERLIN-CHEMIE PatientsPendingLtd.(Bigfoot BiomedicalInc.) www.straitsresearch.com
VaginalRejuvenationMarketSegmentation ByProduct Smart Insulin Pen AdaptorsforConventional Pen ByUsability DisposablePen ReusablePen www.straitsresearch.com
ThankYou! ForMoreDetail https://straitsresearch.com/report/smart-insulin-pens-market/ www.straitsresearch.com
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