Smart Insulin Pens Market to Boost Revenue with Massive Growth

Smart Insulin Pens Market was valued at $57 million in 2016, and is projected to reach $117 million by 2023, growing at a CAGR of 10.7% from 2017 to 2023. The first-generation pens segment held more than three-fifths share of the total market in 2016. Smart insulin pen 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. However, limited usage of smart insulin pens for patients…

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