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
o Tethered Insulin Pumps
o 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
o U.S.
o Canada
o Mexico
Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
LAMEA
o Brazil
o Saudi Arabia
o South Africa
o 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
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. Porters 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