1. Introduction
1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency & Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecasting
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.3.3. Market Share Analysis
2.4. Assumptions for the Study
3. Executive Summary
4. Market Insights
4.1. Overview
4.2. Drivers
4.2.1. Increasing Number of Diabetes Cases
4.2.2. Increasing Preference for Digital Health Solutions
4.2.3. Technological Advancements in Smart Insulin Pens
4.2.4. Increasing Demand for Self-Administration of Drugs
4.2.5. Increasing Diabetes Awareness Programs
4.3. Restraints
4.3.1. High Cost of Smart Insulin Pens
4.3.2. Availability of Alternatives to Smart Insulin Pens
4.4. Opportunities
4.4.1. Growing Demand for Remote Monitoring and Telemedicine
4.4.2. Partnerships and Collaborations by the Smart Insulin Pens Companies
4.4.3. Emerging Economies
4.4.4. Personalized Diabetes Management Program
4.5. Challenges
4.5.1. Lack of Awareness Regarding the Use of Smart Insulin Pens in Developing Countries
4.5.2. Preference for Traditional Insulin Delivery Methods
4.6. Trends
4.6.1. Integration with Continuous Glucose Monitoring (CGM) Systems
4.7. Factor Analysis
4.8. Regulatory Analysis
4.9. Pricing Analysis
4.10. Parent/Adjacent Market Analysis
4.11. Porter’s Five Forces Analysis
5. Smart Insulin Pens Market Assessment—by Product
5.1. Overview
5.2. Reusable Insulin Pens
5.3. Disposable Prefilled Insulin Pens
5.4. Insulin Cartridges
5.5. Accessories
6. Smart Insulin Pens Market Assessment—by Connectivity
6.1. Overview
6.2. Bluetooth Connectivity
6.3. Near Field Communication (NFC) Connectivity
7. Smart Insulin Pens Market Assessment—by Glucose Monitor Compatibility
7.1. Overview
7.2. Blood Glucose Monitors (BGMs) Compatible Pens
7.3. Continuous Glucose Monitors (CGMs) Compatible Pens
8. Smart Insulin Pens Market Assessment—by Purchase Channel
8.1. Overview
8.2. Hospital Pharmacies
8.3. Retail Pharmacies
8.4. Online/E-commerce Platforms
9. Smart Insulin Pens Market Assessment—by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Austria
9.3.7. Netherlands
9.3.8. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. Australia
9.4.5. South Korea
9.4.6. Australia
9.4.7. Rest of Asia-Pacific
9.5. Latin America
9.6. Middle East & Africa
10. Competition Analysis
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
10.4.1. Industry Leaders
10.4.2. Market Differentiators
10.4.3. Vanguards
10.4.4. Emerging Companies
10.5. Market Share Analysis/Market Rankings of Key Players (2023)
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments, and SWOT Analysis*)
11.1. Novo Nordisk A/S
11.2. Eli Lilly and Company
11.3. Sanofi S.A.
11.4. Medtronic plc
11.5. Emperra GmbH E-Health Technologies
11.6. pendiq GmbH
11.7. Jiangsu Delfu medical device Co., Ltd
11.8. Tandem Diabetes Care, Inc.
11.9. Ypsomed AG
11.10. Bigfoot Biomedical, Inc.
(Note: SWOT analysis of the top 5 companies will be provided.)
12. Appendix
12.1. Available Customization
12.2. Related Reports
List of Tables
Table 1 Global Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 2 Global Reusable Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 3 Global Disposable Prefilled Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Smart Insulin Pens Cartridges Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Smart Insulin Pens Accessories, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 7 Global Bluetooth Connected Smart Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Near Field Communication (NFC) Smart Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 10 Global Blood Glucose Monitors (BGMs) Compatible Smart Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Continuous Glucose Monitors (CGMs) Compatible Smart Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 13 Global Smart Insulin Pens Market for Hospital Pharmacies, by Country/Region, 2022–2031 (USD Million)
Table 14 Global Smart Insulin Pens Market for Retail Pharmacies, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Smart Insulin Pens Market for Online/E-commerce Platforms, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Smart Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 17 North America: Smart Insulin Pens Market, by Country, 2022–2031 (USD Million)
Table 18 North America: Smart Insulin Pens Market, by product, 2022–2031 (USD Million)
Table 19 North America: Smart Insulin Pens Market, by connectivity, 2022–2031 (USD Million)
Table 20 North America: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 21 North America: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 22 U.S.: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 23 U.S.: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 24 U.S.: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 25 U.S.: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 26 Canada: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 27 Canada: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 28 Canada: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 29 Canada: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 30 Europe: Smart Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 31 Europe: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 32 Europe: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 33 Europe: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 34 Europe: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 35 Germany: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 36 Germany: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 37 Germany: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 38 Germany: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 39 France: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 40 France: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 41 France: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 42 France: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 43 U.K.: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 44 U.K.: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 45 U.K.: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 46 U.K.: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 47 Italy: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 48 Italy: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 49 Italy: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 50 Italy: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 51 Spain: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 52 Spain: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 53 Spain: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 54 Spain: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 55 Austria: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 56 Austria: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 57 Austria: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 58 Austria: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 59 Netherlands: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 60 Netherlands: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 61 Netherlands: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 62 Netherlands: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 63 Rest of Europe: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 64 Rest of Europe: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 65 Rest of Europe: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 66 Rest of Europe: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 67 Asia-Pacific: Smart Insulin Pens Market, by Country/Region, 2022–2031 (USD Million)
Table 68 Asia-Pacific: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 69 Asia-Pacific: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 70 Asia-Pacific: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 71 Asia-Pacific: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 72 Japan: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 73 Japan: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 74 Japan: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 75 Japan: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 76 China: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 77 China: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 78 China: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 79 China: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 80 India: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 81 India: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 82 India: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 83 India: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 84 South Korea: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 85 South Korea: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 86 South Korea: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 87 South Korea: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 88 Australia: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 89 Australia: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 90 Australia: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 91 Australia: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 92 Rest of Asia-Pacific: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 93 Rest of Asia-Pacific: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 94 Rest of Asia-Pacific: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 95 Rest of Asia-Pacific: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 96 Latin America: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 97 Latin America: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 98 Latin America: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 99 Latin America: Smart Insulin Pens Market, by Purchase Channel, 2022–2031 (USD Million)
Table 100 Middle East & Africa: Smart Insulin Pens Market, by Product, 2022–2031 (USD Million)
Table 101 Middle East & Africa: Smart Insulin Pens Market, by Connectivity, 2022–2031 (USD Million)
Table 102 Middle East & Africa: Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2022–2031 (USD Million)
Table 103 Middle East & Africa: Smart Insulin Pens Market, by purchase Channel, 2022–2031 (USD Million)
Table 104 Recent Developments, by Company, 2021–2024
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 6 Market Size Estimation
Figure 7 Global Smart Insulin Pens Market, by Product, 2024 VS. 2031 (USD Million)
Figure 8 Global Smart Insulin Pens Market, by Connectivity, 2024 VS. 2031 (USD Million)
Figure 9 Global Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2024 VS. 2031 (USD Million)
Figure 10 Global Smart Insulin Pens Market, by Purchase Channel, 2024 VS. 2031 (USD Million)
Figure 11 Global Smart Insulin Pens Market, by Geography
Figure 12 Impact Analysis: Smart Insulin Pens Market
Figure 13 Global Smart Insulin Pens Market, by Product, 2024 VS. 2031 (USD Million)
Figure 14 Global Smart Insulin Pens Market, by Connectivity, 2024 VS. 2031 (USD Million)
Figure 15 Global Smart Insulin Pens Market, by Glucose Monitor Compatibility, 2024 VS. 2031 (USD Million)
Figure 16 Global Smart Insulin Pens Market, by Purchase Channel, 2024 VS. 2031 (USD Million)
Figure 17 Global Smart Insulin Pens Market, by Geography, 2024 VS. 2031 (USD Million)
Figure 18 North America: Smart Insulin Pens Market Snapshot
Figure 19 Europe: Smart Insulin Pens Market Snapshot
Figure 20 Asia-Pacific: Smart Insulin Pens Market Snapshot
Figure 21 Key Growth Strategies Adopted by Leading Players, 2021–2024
Figure 22 Global Smart Insulin Pens Market: Competitive Benchmarking, by Product
Figure 23 Global Smart Insulin Pens Market: Competitive Benchmarking, by Geography
Figure 24 Global Smart Insulin Pens Market: Competitive Dashboard
Figure 25 Global Smart Insulin Pens Market: Market Share Analysis/Market Ranking, By Key Players, 2023
Figure 26 Novo Nordisk A/S: Financial Overview (2023)
Figure 27 Eli Lilly and Company: Financial Overview (2023)
Figure 28 Sanofi S.A.: Financial Overview (2023)
Figure 29 Medtronic plc: Financial Overview (2023)
Figure 30 Emperra GmbH E-Health Technologies: Financial Overview (2023)
Figure 31 Tandem Diabetes Care, Inc.: Financial Overview (2023)
Figure 32 Ypsomed AG (Switzerland): Financial Overview (2023)