Insulin pen market from 2014 to 2020 global market research

Insulin pen is used to penetrate insulin infusion equipment in diabetic patients. People with type 1 diabetes prefer their insulin pen. Insulin pen provides insulin administration more easily into the body. It provides a more precise dose and less pain compared to vials and syringes and is also preferred by clinicians and patients. Insulin pen helps to improve the quality of life and reduce fear of hyperglycemia. The low cost of insulin pens increases the affordability of people between its different age groups. Most insulin pens include two categories, including reusable and disposable insulin pens. Pre-filled insulin pen is a disposable pen which is preferred by human insulin infusion. Insulin pen needles are shorter and thinner than syringes. Insulin pens should not be shared because the disease here, such as the risk of hepatitis B transmission.


The European and Japanese markets have grown at medium rates for insulin pens because these are mature markets. Growing in these areas is also rising in population driven by the aging of the population and rising numbers. The United States, India, China and Brazil are some emerging countries on the market growth of insulin pen equipment, because these are less infiltrated by the market. These markets have great potential as it is caused by the aging of the population to further cause large bases for diabetes. As a result, manufacturing companies now focus on the Asian market to meet the needs of insulin pen equipment.


Increased prevalence of diabetes in all age groups is an important factor driving the growth of the global market for insulin pens. In addition, more and more R & D activities also stimulated the insulin pen market. However, the use of infusion pen and the use of strict rules for the development of new products safety issues constrain the growth of the insulin pen market.


Penetrating to the US market is expected to be one of the major challenges for the insulin pen market, as these markets are dominated by infusion pumps. The technological advances in insulin infusion devices are one of the recent market trends in the global market for insulin pens. In addition, the development of new products is also considered an important market trend in the global market for insulin pen.