Insulin Pen Market is projected to grow at a CAGR of 8.7% by 2029 | Segments By Product Type, Application, Distributional Channel, and By Region Insights 2022

November 04 19:25 2022
Insulin Pen Market is projected to grow at a CAGR of 8.7% by 2029 | Segments By Product Type, Application, Distributional Channel, and By Region Insights 2022
Insulin Pen Market
Eli Lilly and Co. (Lilly) is involved in discovering, creating, and marketing products for use in human healthcare. The business provides medications for neurological and immunological disorders, cancer, endocrinology, men’s health, and musculoskeletal issues.

Insulin Pen Market Overview:

DataM Intelligence published a business research report on the Insulin Pen Market by Product Type, By Application, By Distribution Channel, and By Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts for 2022–2029. Insulin Pen Market report with 110+ market data Tables, Pie Chat, Graphs, and Figures spread concluded Pages and easy to comprehend complete analysis. The data is collected based on modern floats and requests acknowledged with the administrations and items.

The Insulin Pen Market study comprises historic data, current market trends, environment, technological innovation, upcoming technologies, and the technical progress in the correlated industry. The Insulin Pen research report offers a complete, proficient report delivering market research information that is related to new market entrants or set-up players. Key strategies of the companies operating in the market and their effect analysis have been comprised in the full report.

According to the Study conducted by DataM Intelligence, the global Insulin Pen Market size is projected to reach a decent value in billion USD by the end of 2029, with growth at a CAGR of 8.7% During the forecast period 2022-2029.

Download the Sample Brochure to understand our research methodology, regional analysis, and competitive insights @

Insulin pens are the devices used for the administration of insulin among diabetic patients. The ease of use and the accuracy in administration make insulin pen usage high among insulin users.

Insulin Pen Market Growth Drivers Analysis

The major driving forces are the rising prevalence of diabetes, increasing awareness related to needlestick injuries, diabetes monitoring and therapeutics for better disease management, the surge in the adoption of connected medical devices, and increasing R&D activities.

The increasing awareness related to needlestick injuries is expected to drive the market growth    

The increasing awareness related to needlestick injuries is expected to boost the market. For instance, needlestick injuries are the primary concern for healthcare providers worldwide. In the US, every year, approximately 8 -10 lac needlestick injuries occur to healthcare workers, and around 1000 of them get contacted with infectious diseases, and 500 to 600 die each year due to these types of injuries.

The rising prevalence of diabetes is expected to boost the market. Diabetes is increasing at an alarming rate in the United States. According to the CDC’s (Centers for Disease Control) National Diabetes Statistics Report for 2020 cases of diabetes have risen to an estimated 34.2 million. Thus, these factors are driving the growth of the market in the forecast period.

Insulin Pen Market Segmentation

By Product Type: Traditional Insulin Pen (Cartridges in Reusable Pens, Disposable Pens), Smart Insulin Pen (Bluetooth, USB))

A traditional insulin pen is segmented into cartridges in reusable pens and disposable pens. The traditional insulin pens are expected to boost the market over the forecast period, owing to the rising prevalence of diabetes and several market players that offer technically advanced products.

By Application: Type 1 Diabetes, and Type 2 Diabetes

By Distribution Channel; Hospital Pharmacies, Retail Pharmacies, and Others

By Geographical Classification:

North America

South America


Middle East and Africa

Asia Pacific

Rest of the Global Countries

North America Insulin Pen Market

North America dominates the market for insulin pens and is expected to show a similar trend over the forecast period owing to the increased geriatric population, advanced healthcare infrastructure, increased incidences of diabetes, and favorable government initiatives. There are several companies present in the region that are working towards new technological advancements in insulin pens.

FDA approved a smart Glucose meter for (iPhone 7, 8, and iPhone X) of Dario Health corp. As per CDC, in 2020, an alpha level of 0.05 was used when determining statistically significant differences between groups. Age-adjusted estimates were calculated among adults aged 18 years or older by the direct method to the 2000 US Census standard population, using age groups 18–44, 45–64, and 65 years or older. Most estimates of diabetes in this report do not differentiate between type 1 and type 2 diabetes.

Make an Inquire before purchasing full report @

Competitive Landscape and Key Companies Profiled in the Global Insulin Pen Market:

Some of the key players which are contributing to the growth of the market are Novo Nordisk, Sanofi, Biocon, Julphar, Companion Medical, Owen Mumford, Ltd, Berlin-Chemie AG, Diamesco Co, Emperra GmbH E-Health Technologies, Eli Lilly and Company among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the Insulin Pen Market globally.

Table of Content – Insulin Pen Market

1)      Methodology and Scope

  1. Research Methodology
  2. Research Objective and Scope of the Report

2)      Market Definition and Overview

3)      Executive Summary

4)      Global Dynamics

5)      Industry Analysis

6)      By Product Type

7)      By Application

8)      By Distributional Channels

9)      By Region

10)  Competitive Landscape

11)  Company Profiles

12)  Appendix

Suggested Report

Automated Insulin Delivery Systems Market is Segmented By Device Type (Reusable Insulin Pens, Disposable Insulin Pens), By Insulin Pumps (External/ Tethered Pumps, Implanted Insulin pump (IIP), Patch Pumps, Closed-loop insulin pump, Others), By Pen Needles (Standard Pen Needles, Safety Pen Needles, Others), By End-User (Hospitals, Clinics, Homecare, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,  2022-2029.

Cold Insulation Market is Segmented By Material (Polyurethane Foam, Fiber Glass, Polystyrene Foam, Phenolic Foam), By Application (Construction, Oil and Gas, Chemicals, HVAC, Refrigeration, Others (storage, packaging and industrial & automotive applications)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,  2022-2029

Insulin Resistance Market is segmented by Drug Class (Biguanides, Glucagon-like Peptide 1 (GLP-1) Receptor Agonists, Concentrated Insulin Products, Sodium-glucose cotransporter 2 (SGLT2) inhibitors, and Others), By Drug Type (Branded, Generics), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Additional Benefits Post Purchase:

1) Unlimited Analyst support for a period of 1 year.

2) Any query with regard to the scope offered will be addressed within 24- 48 hours.

3) An excel sheet with market numbers will be provided separately

About Us:

DataM Intelligence 4Market Research is a market intelligence platform which gives access to syndicated, customized reports and consulting to its clients at one place. As a firm with rich experience in research and consulting across multiple domains we are one stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed and food & beverages among others.

Our platform has Insights on markets that uncover latest market research data that’s distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our strategy centric framework and value-added services will let individuals and corporates with ease of access and custom personalization to research and markets.

Media Contact
Company Name: DataM Intelligence
Contact Person: Sai
Email: Send Email
Phone: +1 877 441 4866
Country: United States