Technavio has been monitoring the diabetic pens market and it is poised to grow by USD 3.41 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200904005093/en/
Technavio has announced its latest market research report titled Global Diabetic Pens Market 2020-2024 (Graphic: Business Wire
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
- Based on segmentation by product, which is the leading segment in the market?
Reusable diabetic pens. - What are the major trends in the market?
Introduction of low-priced insulin injection pens. - At what rate is the market projected to grow?
The market is projected to grow at a CAGR of over 8% during 2020-2024. - Who are the top players in the market?
AstraZeneca Plc, Becton Dickinson and Co., Biocon Ltd., Companion Medical Inc., Digital Medics Pty. Ltd., Eli Lilly and Co., Emperra GmbH E-Health Technologies, Jiangsu Delfu medical device Co. Ltd., Novo Nordisk AS, and Sanofi are the top players in the market. - What are the key market drivers and challenges?
The market is driven by the increasing prevalence of diabetes. However, novel noninvasive approaches to deliver insulin might hamper the market growth.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. AstraZeneca Plc, Becton Dickinson and Co., Biocon Ltd., Companion Medical Inc., Digital Medics Pty. Ltd., Eli Lilly and Co., Emperra GmbH E-Health Technologies, Jiangsu Delfu medical device Co. Ltd., Novo Nordisk AS, and Sanofi are some of the major market participants. The increasing prevalence of diabetes will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Diabetic Pens Market 2020-2024: Segmentation
Diabetic Pens Market is segmented as below:
- Product
- Reusable Diabetic Pens
- Disposable Diabetic Pens
- Geographic Landscape
- North America
- Europe
- Asia
- ROW
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41174
Diabetic Pens Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The diabetic pens market report covers the following areas:
- Diabetic Pens Market Size
- Diabetic Pens Market Trends
- Diabetic Pens Market Industry Analysis
This study identifies the introduction of low-priced insulin injection pens as one of the prime reasons driving the Diabetic Pens Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Diabetic Pens Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist diabetic pens market growth during the next five years
- Estimation of the diabetic pens market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the diabetic pens market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of diabetic pens market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Reusable diabetic pens Market size and forecast 2019-2024
- Disposable diabetic pens Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- Asia Market size and forecast 2019-2024
- ROW Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver Demand led growth
- Volume driver Supply led growth
- Volume driver External factors
- Volume driver Demand shift in adjacent markets
- Price driver Inflation
- Price driver Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AstraZeneca Plc
- Becton Dickinson and Co.
- Biocon Ltd.
- Companion Medical Inc.
- Digital Medics Pty. Ltd.
- Eli Lilly and Co.
- Emperra GmbH E-Health Technologies
- Jiangsu Delfu medical device Co. Ltd.
- Novo Nordisk AS
- Sanofi
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200904005093/en/
Contacts:
Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
