NEW YORK, June 10, 2021 /PRNewswire/ --
The diabetic pens market is expected to grow by USD 3.65 billion during 2021-2025, according to
Technavio. The report offers a detailed analysis of the impact of
the COVID-19 pandemic on the diabetic pens market in optimistic,
probable, and pessimistic forecast scenarios.
Enterprises will go through the Response,
Recovery, and Renew phases.
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The diabetic pens market will witness a negative impact during
the forecast period owing to the widespread growth of the COVID-19
pandemic. As per Technavio's pandemic-focused market research,
market growth is likely to increase in 2021 as compared to
2020.
With the continuing spread of the coronavirus pandemic,
organizations across the globe are gradually flattening their
recessionary curve by leveraging technology. Many businesses will
go through response, recovery, and renew phases. Building business
resilience and enabling agility will aid organizations to move
forward in their journey out of the COVID-19 crisis towards the
Next Normal.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand
destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets
as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Diabetic Pens Market Participants:
AstraZeneca Plc: The company offers diabetic pens
such as BYDUREON Pen. It is a non-insulin pen used to treat type 2
diabetes.
Becton, Dickinson and Co.: The company offers
diabetic pens such as BD Vystra. It is a disposable pen used by
diabetic patients.
Biocon Ltd.
The company offers diabetic pens such as INSUPen. INSUPen is a
reusable insulin pen that can deliver insulin doses from 1 unit
(0.01mL) to 60 units (0.60 mL) in increments of 1 unit.
Get specific analysis on the criticality of
inputs and factors of differentiation in diabetic pens market
vendor landscape.
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Diabetic Pens Market 2021-2025: Segmentation
Diabetic pens market is segmented as below:
- Product
-
- Reusable Diabetic Pens
- Disposable Diabetic Pens
- Geography
-
- North America
- Europe
- Asia
- ROW
The diabetic pens market is driven by the increasing prevalence
of diabetes. In addition, the increasing demand for diabetic
injection pens is expected to trigger the diabetic pens market
toward witnessing a CAGR of over 8% during the forecast period.
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impacting the future of diabetic pens market, Request Free Sample
@ https://www.technavio.com/talk-to-us?report=IRTNTR41174
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Report:
www.technavio.com/report/diabetic-pens-market-industry-analysis
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SOURCE Technavio