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Smart Insulin or Glucose Responsive Insulin Market by Delivery Devices, Disease, and Type: Global Opportunity Analysis and Industry Forecast, 2019-2027

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    Report

  • 231 Pages
  • August 2020
  • Region: Global
  • Allied Market Research
  • ID: 5157199
Description Jump to:
The global smart insulin or glucose responsive insulin market was valued at $2,773.73 million in 2019 and is expected to reach $6,174.30 million by 2027, registering a CAGR of 10.5 % from 2020 to 2027. Smart insulin or glucose-responsive insulin is a next generation insulin that automatically responds to changing blood glucose levels. It helps in management of blood glucose level of diabetic patients in minimally invasive manner. It is a painless mode of introducing insulin compared to injectable insulin, reducing the risk of skin irritation caused due to needles. Advanced diabetic therapy in the form of insulin patches, insulin pens, continuous glucose monitoring systems (CGMS), and artificial pancreas help to improve management of blood sugar level and decrease the possibility of any diabetic-related difficulty.

Smart insulin is used to deliver insulin into diabetic patients. Increase in demand for self-injection devices, rise in prevalence of diabetes, and accuracy in dosage delivery of insulin are expected to drive the market growth. The market is expected to witness an exponential growth during the forecast period, owing to benefits of using these advanced devices over conventional products and increase in healthcare expenses. Moreover, rise in the incidences of diabetes globally and increase in diabetic patients are expected to boost the market growth. As per data published by the NCBI (National Center for Biotechnology Information) in 2016, six million people with diabetes used insulin either alone or in combination with an oral medication. However, lack of awareness, cost restrains in developing regions, and less variability in products are expected to hinder the market growth. Development of affordable products with fewer side effects and presence of undiagnosed diabetic patients globally are expected to provide opportunities for the market growth.

The smart insulin or glucose responsive insulin market is segmented on the basis of type, disease, delivery devices, and region. By type, it is divided into rapid-acting, intermediate-acting, long-acting, short-acting and pre-mixed type. On the basis of disease, it is bifurcated into Type 1 and Type 2 diabetes. On the basis of delivery devices, it is classified into smart insulin pen and smart insulin pump.

Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the majority of the market share in 2019, and is anticipated to continue this trend during the forecast period. North America holds a dominant share in the global Smart Insulin or Glucose Responsive Insulin market, because well-developed supply-side infrastructure, rapid acceptance of innovative technologies, and adequate reimbursements have fuelled the growth of the North American smart insulin or glucose responsive insulin market. Asia Pacific is expected to continue the trend throughout the forecast period, because growth is increase in diabetic population across the region.

Key Market Segments

By Delivery Devices
  • Smart Insulin Pen
  • Smart Insulin Pump
  • Tethered Insulin Pumps
  • Insulin Patch Pumps

By Disease
  • Type 1 Diabetes
  • Type 2 Diabetes

By Type
  • Rapid Acting
  • Intermediate Acting
  • Long Acting
  • Short Acting
  • Premixed Type

By Geography
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

List of Key Players Profiled in the Report
  • CeQur
  • Diamesco Co
  • Eli lily and Company
  • F. Hoffmann-La Roche AG
  • Insulet Corporation
  • Medtronic Plc
  • Novo Nordisk A/S.
  • Sanofi
  • Zealand Pharma
Frequently Asked Questions about the Global Smart Insulin Or Glucose Responsive Insulin Market

What is the estimated value of the Global Smart Insulin Or Glucose Responsive Insulin Market?

The Global Smart Insulin Or Glucose Responsive Insulin Market was estimated to be valued at $2773.73 million in 2019.

What is the growth rate of the Global Smart Insulin Or Glucose Responsive Insulin Market?

The growth rate of the Global Smart Insulin Or Glucose Responsive Insulin Market is 10.5%, with an estimated value of $6174.3 million by 2027.

What is the forecasted size of the Global Smart Insulin Or Glucose Responsive Insulin Market?

The Global Smart Insulin Or Glucose Responsive Insulin Market is estimated to be worth $6174.3 million by 2027.
Report AttributeDetails
No. of Pages231
PublishedAugust 2020
Forecast Period2019 - 2027
Estimated Market Value ( USD ) in 2019 $ 2773.73 million
Forecasted Market Value ( USD ) by 2027 $ 6174.3 million
Compound Annual Growth Rate10.5%
Regions CoveredGlobal

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders:
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Porter’S Five Forces Analysis
3.2.1. Moderate Bargaining Power of Suppliers
3.2.2. High Bargaining Power of Buyer
3.2.3. Moderate Threat of Substitute
3.2.4. Highly Competitive Rivalry
3.2.5. Moderate Threat of New Entrants
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Rise in Healthcare Expenditure
3.3.1.2. Growth and Developments in the Global Electronics Industry
3.3.2. Restraint
3.3.2.1. Availability of Alternatives
3.3.3. Opportunity
3.3.3.1. Development of Plasma Spray-Physical Vapor Deposition (Ps-Pvd)
3.4. Value Chain Analysis
3.5. Impact of Covid-19 on the Global Electron Beam Physical Vapor Deposition Coating Market
Chapter 4: Electron Beam Physical Vapor Deposition Coating Market, by Source
4.1. Overview
4.2. Single
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Multiple
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
Chapter 5: Electron Beam Physical Vapor Deposition Coating Market, by Application
5.1. Overview
5.2. Thermal Barrier Coatings
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Anticorrosive Coating
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Others
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
Chapter 6: Electron Beam Physical Vapor Deposition Coating Market, by End-user
6.1. Overview
6.2. Automotive
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Medical
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country
6.4. Electrical & Electronics
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Analysis, by Country
6.5. Power
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Analysis, by Country
6.6. Optical
6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast, by Region
6.6.3. Market Analysis, by Country
6.7. Others
6.7.1. Key Market Trends, Growth Factors, and Opportunities
6.7.2. Market Size and Forecast, by Region
6.7.3. Market Analysis, by Country
Chapter 7: Electron Beam Physical Vapor Deposition Coating Market, by Region
7.1. Overview
7.1.1. Market Size and Forecast
7.2. North America
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Source
7.2.3. Market Size and Forecast, by Application
7.2.4. Market Size and Forecast, by End-user
7.2.5. Market Analysis, by Country
7.2.5.1. U.S.
7.2.5.1.1. Market Size and Forecast, by Source
7.2.5.1.2. Market Size and Forecast, by Application
7.2.5.1.3. Market Size and Forecast, by End-user
7.2.5.2. Canada
7.2.5.2.1. Market Size and Forecast, by Source
7.2.5.2.2. Market Size and Forecast, by Application
7.2.5.2.3. Market Size and Forecast, by End-user
7.2.5.3. Mexico
7.2.5.3.1. Market Size and Forecast, by Source
7.2.5.3.2. Market Size and Forecast, by Application
7.2.5.3.3. Market Size and Forecast, by End-user
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Source
7.3.3. Market Size and Forecast, by Application
7.3.4. Market Size and Forecast, by End-user
7.3.5. Market Analysis, by Country
7.3.5.1. Germany
7.3.5.1.1. Market Size and Forecast, by Source
7.3.5.1.2. Market Size and Forecast, by Application
7.3.5.1.3. Market Size and Forecast, by End-user
7.3.5.2. France
7.3.5.2.1. Market Size and Forecast, by Source
7.3.5.2.2. Market Size and Forecast, by Application
7.3.5.2.3. Market Size and Forecast, by End-user
7.3.5.3. UK
7.3.5.3.1. Market Size and Forecast, by Source
7.3.5.3.2. Market Size and Forecast, by Application
7.3.5.3.3. Market Size and Forecast, by End-user
7.3.5.4. Italy
7.3.5.4.1. Market Size and Forecast, by Source
7.3.5.4.2. Market Size and Forecast, by Application
7.3.5.4.3. Market Size and Forecast, by End-user
7.3.5.5. Rest of Europe
7.3.5.5.1. Market Size and Forecast, by Source
7.3.5.5.2. Market Size and Forecast, by Application
7.3.5.5.3. Market Size and Forecast, by End-user
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Source
7.4.3. Market Size and Forecast, by Application
7.4.4. Market Size and Forecast, by End-user
7.4.5. Market Analysis, by Country
7.4.5.1. China
7.4.5.1.1. Market Size and Forecast, by Source
7.4.5.1.2. Market Size and Forecast, by Application
7.4.5.1.3. Market Size and Forecast, by End-user
7.4.5.2. Japan
7.4.5.2.1. Market Size and Forecast, by Source
7.4.5.2.2. Market Size and Forecast, by Application
7.4.5.2.3. Market Size and Forecast, by End-user
7.4.5.3. India
7.4.5.3.1. Market Size and Forecast, by Source
7.4.5.3.2. Market Size and Forecast, by Application
7.4.5.3.3. Market Size and Forecast, by End-user
7.4.5.4. South Korea
7.4.5.4.1. Market Size and Forecast, by Source
7.4.5.4.2. Market Size and Forecast, by Application
7.4.5.4.3. Market Size and Forecast, by End-user
7.4.5.5. Rest of Apac
7.4.5.5.1. Market Size and Forecast, by Source
7.4.5.5.2. Market Size and Forecast, by Application
7.4.5.5.3. Market Size and Forecast, by End-user
7.5. LAMEA
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Source
7.5.3. Market Size and Forecast, by Application
7.5.4. Market Size and Forecast, by End-user
7.5.5. Market Analysis, by Country
7.5.5.1. Brazil
7.5.5.1.1. Market Size and Forecast, by Source
7.5.5.1.2. Market Size and Forecast, by Application
7.5.5.1.3. Market Size and Forecast, by End-user
7.5.5.2. Saudi Arabia
7.5.5.2.1. Market Size and Forecast, by Source
7.5.5.2.2. Market Size and Forecast, by Application
7.5.5.2.3. Market Size and Forecast, by End-user
7.5.5.3. South Africa
7.5.5.3.1. Market Size and Forecast, by Source
7.5.5.3.2. Market Size and Forecast, by Application
7.5.5.3.3. Market Size and Forecast, by End-user
7.5.5.4. Rest of LAMEA
7.5.5.4.1. Market Size and Forecast, by Source
7.5.5.4.2. Market Size and Forecast, by Application
7.5.5.4.3. Market Size and Forecast, by End-user
Chapter 8: Competitive Landscape
8.1. Introduction
8.1.1. Market Player Positioning, 2019
8.2. Top Winning Strategies
8.3. Competitive Heatmap
8.4. Key Developments
8.4.1. New Product Launches
8.4.2. Agreement
Chapter 9: Company Profiles
9.1. Amg Advanced Metallurgical Group N. V.
9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Product Portfolio
9.1.5. Business Performance
9.2. Angstrom Engineering Inc.
9.2.1. Company Overview
9.2.2. Company Snapshot
9.2.3. Product Portfolio
9.3. Applied Materials Inc.
9.3.1. Company Overview
9.3.2. Company Snapshot
9.3.3. Operating Business Segments
9.3.4. Product Portfolio
9.3.5. Business Performance
9.4. Denton Vacuum LLC
9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Product Portfolio
9.4.4. Key Strategic Moves and Developments
9.5. Ferrotec Holdings Corporation
9.5.1. Company Overview
9.5.2. Company Snapshot
9.5.3. Operating Business Segments
9.5.4. Product Portfolio
9.5.5. Business Performance
9.6. Intlvac Thin Film Corporation
9.6.1. Company Overview
9.6.2. Company Snapshot
9.6.3. Product Portfolio
9.7. Polyteknik As
9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Product Portfolio
9.7.4. Key Strategic Moves and Developments
9.8. Pvd Products Inc.
9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Product Portfolio
9.9. Semicore Equipment Inc.
9.9.1. Company Overview
9.9.2. Company Snapshot
9.9.3. Product Portfolio
9.10. Vaksis R&D and Engineering
9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Product Portfolio

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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