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Latin America Smart Insulin Pen Market, By Type, By Usability, By Indication, By Distribution Channel and By Country - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

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    Report

  • 198 Pages
  • September 2021
  • Region: Latin America
  • Coherent Market Insights Pvt Ltd.
  • ID: 5456023
A smart insulin pen is an insulin delivery tool that offers some of the features of an insulin pump but without the always-connected experience required with pumps. A smart insulin pen can calculate each dose based on current blood sugar level, carbohydrate amounts, meal size, active insulin, and settings prescribed by patients doctor, deliver accurate half-unit doses, help prevent skipped or missed doses, send diabetes data to health care team whenever needed and work with patients smart phone or watch and popular diabetes data tracking platforms. Diabetes is a major public health problem that is approaching epidemic proportions globally, therefore, it is necessary to use smart insulin pens for a safe and effective administration of insulin to people suffering from Diabetes.





Market Dynamics


Key players operating in the market are focusing on acquisitions and partnerships, which is expected to drive the growth of the market over the forecast period. For instance, in February 2021, BIOCORP a company that designs, develops, manufactures delivery systems and innovative medical devices, entered into a partnership with Health2Sync, a Taiwan-based digital healthcare company, and SocialDiabetes, a Spain-based digital healthcare solution provider, for management of diabetes by integration of Mallya, a smart insulin pen cap manufactured by Biocorp with the digital applications developed by SocialDiabetes and Health2Sync. Furthermore, in September 2019, Sanofi S.A. and Abbott, a U.S.-based multinational medical devices and health care company, collaborated to integrate glucose sensing and insulin delivery technologies that would help to further simplify how people with diabetes manage their condition. The two companies would focus on developing FreeStyle Libre technology with insulin dosing information for future smart pens, insulin titration apps, and cloud software.

Key features of the study:

  • This report provides in-depth analysis of the Latin America smart insulin pen market and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the Latin America smart insulin pen market based on the following parameters - Company Highlights, Types Portfolio, Key Highlights, Financial Performance, Market Strategies
  • Key companies covered as a part of this study include Medtronic Plc., Sanofi S.A., Novo Nordisk A/S, Eli Lilly and Company, Owen Mumford Ltd., BIOCORP, Jiangsu Delfu medical device Co., Ltd., BERLIN-CHEMIE AG, and F. Hoffmann-La Roche AG
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The Latin America smart insulin pen market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Latin America smart insulin pen market

Detailed Segmentation:


Latin America Smart Insulin Pen Market, By Type:

  • First Generation
  • Second Generation
  • Bluetooth enabled pens
  • USB Connected pens

Latin America Smart Insulin Pen Market, By Usability:

  • Prefilled
  • Reusable

Latin America Smart Insulin Pen Market, By Indication:

  • Type 1 diabetes
  • Type 2 diabetes

Latin America Smart Insulin Pen Market, By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Latin America Smart Insulin Pen Market, By Country:

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Peru
  • Venezuela
  • Chile
  • Ecuador
  • Rest of Latin America

Company Profiles

  • Medtronic Plc.*
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • Sanofi S.A.
  • Novo Nordisk A/S
  • Eli Lilly and Company
  • Owen Mumford Ltd.
  • BIOCORP
  • Jiangsu Delfu medical device Co., Ltd.
  • BERLIN-CHEMIE AG
  • F. Hoffmann-La Roche AG
Frequently Asked Questions about the Latin American Smart Insulin Pen Market

What is the estimated value of the Latin American Smart Insulin Pen Market?

The Latin American Smart Insulin Pen Market was estimated to be valued at $5.83 Million in 2021.

What is the growth rate of the Latin American Smart Insulin Pen Market?

The growth rate of the Latin American Smart Insulin Pen Market is 8.6%, with an estimated value of $10.42 Million by 2028.

What is the forecasted size of the Latin American Smart Insulin Pen Market?

The Latin American Smart Insulin Pen Market is estimated to be worth $10.42 Million by 2028.

Who are the key companies in the Latin American Smart Insulin Pen Market?

Key companies in the Latin American Smart Insulin Pen Market include Medtronic Plc., Sanofi S.A., Novo Nordisk A/S, Eli Lilly and Company, Owen Mumford Ltd., BIOCORP, Jiangsu Delfu medical device Co. Ltd., BERLIN and F. Hoffmann.

Table of Contents

1. Research Objectives and Assumptions
  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview
  • Report Description
  • Market Definition and Scope
  • Executive Summary
  • Market Snapshot, By Type
  • Market Snapshot, By Usability
  • Market Snapshot, By Indication
  • Market Snapshot, By Distribution Channel
  • Market Snapshot, By Country
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Restraints
  • Opportunity
  • Impact Analysis
  • PEST Analysis
  • Key Difference in Disposable Pen & Non-disposable Smart Insulin Pen
  • Technology Advancements
  • New Product Launch
  • Major Brand Analysis
  • Regulatory Scenario
  • Reimbursement Scenario
  • PORTER’S Analysis
  • Acquisition and Partnership

4. Latin America Smart Insulin Pen Market- Impact of Coronavirus (COVID-19) Pandemic
  • Government Initiatives
  • COVID 19 Epidemiology
  • Impact on Supply and Demand

5. Latin America Smart Insulin Pen Market, By Type, 2017 - 2028, (US$ Mn)
  • Overview
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2017 - 2028
  • Segment Trends
  • First Generation
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Second Generation
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Bluetooth enabled pens
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • USB Connected pens
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

6. Latin America Smart Insulin Pen Market, By Usability, 2017 - 2028, (US$ Mn)
  • Overview
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2017 - 2028
  • Segment Trends
  • Prefilled
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Reusable
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

7. Latin America Smart Insulin Pen Market, By Indication, 2017 - 2028, (US$ Mn)
  • Overview
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2017 - 2028
  • Segment Trends
  • Type 1 diabetes
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Type 2 diabetes
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

8. Latin America Smart Insulin Pen Market, By Distribution Channel, 2017 - 2028, (US$ Mn)
  • Overview
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2017 - 2028
  • Segment Trends
  • Hospital Pharmacies
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Retail Pharmacies
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Online Pharmacies
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

9. Latin America Smart Insulin Pen Market, By Country, 2017 - 2028, (US$ Mn)
  • Overview
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2017-2028
  • Regional Trends
  • Brazil
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Mexico
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Argentina
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Colombia
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Peru
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Venezuela
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Chile
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Ecuador
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)
  • Rest of Latin America
  • Overview
  • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Usability, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Indication, 2017 - 2028, (US$ Million)
  • Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2028, (US$ Million)

10. Competitive Landscape
  • Medtronic Plc.
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • Sanofi S.A.
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • Novo Nordisk A/S
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • Eli Lilly and Company
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • Owen Mumford Ltd.
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • BIOCORP
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • Jiangsu Delfu medical device Co., Ltd.
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • BERLIN-CHEMIE AG
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies
  • F. Hoffmann-La Roche AG
  • Company Highlights
  • Types Portfolio
  • Key Highlights
  • Financial Performance
  • Market Strategies

- Analyst Views
11. Section
  • Research Methodology
  • About us and Services

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Medtronic Plc.
  • Sanofi S.A.
  • Novo Nordisk A/S
  • Eli Lilly and Company
  • Owen Mumford Ltd.
  • BIOCORP
  • Jiangsu Delfu medical device Co. Ltd.
  • BERLIN-CHEMIE AG
  • F. Hoffmann-La Roche AG