Global Smart Insulin Pens & Pumps Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Smart Insulin Pens - Companion Medical (Inpen), Novo Nordisk (Novo6 and Novo Echo), Emperra Gmbh (ESYSTA Pen), Pendiq intelligent diabetes care (Pendiq 2.0) and Others, Smart Insulin Pumps - Minimed (630G and 670G), Accuchek (Combo and Insight), Tandem (T:slim X2, and G4), Omnipod, My Life Omnipod and Others.

By End Use;

Hospitals and Clinics, Homecare and Laboratories.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn339061727 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Smart Insulin Pens & Pumps Market (USD Million), 2021 - 2031

In the year 2024, the Global Smart Insulin Pens & Pumps Market was valued at USD 4,037.54 million. The size of this market is expected to increase to USD 7,286.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.

The global market for smart insulin pens and pumps is experiencing remarkable growth, driven by the increasing prevalence of diabetes worldwide and the demand for advanced, user-friendly solutions to manage the disease. Smart insulin devices represent a significant advancement in diabetes care, offering precise, automated insulin delivery systems and enhanced monitoring capabilities. These technologies aim to simplify diabetes management while improving the quality of life for individuals with type 1 and type 2 diabetes. The integration of digital features, such as Bluetooth connectivity and mobile app compatibility, has further revolutionized the market, enabling users to monitor and manage their insulin intake seamlessly.

The rise in diabetes cases, attributed to sedentary lifestyles, unhealthy dietary habits, and aging populations, has heightened the need for innovative management tools. Smart insulin pens and pumps provide a comprehensive solution by combining traditional insulin delivery mechanisms with cutting-edge technology. These devices allow for accurate insulin dosing, reducing the risks associated with manual injections, such as underdosing or overdosing. Furthermore, the advent of data analytics and cloud-based platforms has empowered healthcare professionals to remotely monitor patient progress, ensuring personalized and timely interventions. As a result, the adoption of these devices is gaining traction among patients and healthcare providers alike.

The market’s expansion is also fueled by continuous advancements in technology and supportive regulatory frameworks. Major industry players are investing heavily in research and development to enhance device performance, user convenience, and affordability. Government initiatives promoting digital health solutions and the growing emphasis on patient-centered care further support the adoption of smart insulin pens and pumps. Additionally, the integration of artificial intelligence and machine learning in these devices is expected to pave the way for predictive analytics and customized treatment plans, significantly improving diabetes management outcomes. These factors collectively position the smart insulin pens and pumps market as a transformative force in the healthcare landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Smart Insulin Pens & Pumps Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing global diabetes prevalence
        2. Growing demand for advanced diabetes management tools
        3. Technological advancements in smart insulin devices
        4. Rising awareness about the benefits of digital health solutions
      2. Restraints:
        1. High cost of smart insulin devices
        2. Limited reimbursement and insurance coverage
        3. Concerns over device reliability and maintenance
        4. Privacy and data security issues
      3. Opportunities:
        1. Expanding healthcare infrastructure in emerging markets
        2. Integration of AI and machine learning for personalized care
        3. Collaboration between tech companies and healthcare providers
        4. Government support for digital health adoption
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Smart Insulin Pens & Pumps Market, By Product, 2021 - 2031 (USD Million)
      1. Smart Insulin Pens
        1. Companion Medical (Inpen)
        2. Novo Nordisk (Novo6 and Novo Echo)
        3. Emperra Gmbh (ESYSTA Pen)
        4. Pendiq intelligent diabetes care (Pendiq 2.0)
        5. Others
      2. Smart Insulin Pumps
        1. Minimed (630G and 670G)
        2. Accuchek (Combo and Insight)
        3. Tandem (T:slim X2, and G4)
        4. Omnipod
        5. My Life Omnipod
        6. Others
    2. Global Smart Insulin Pens & Pumps Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Homecare & Laboratories
    3. Global Smart Insulin Pens & Pumps Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Novo Nordisk A/S (Denmark)
      2. Medtronic (Ireland)
      3. Ypsomed AG (Switzerland)
      4. Emperra GmbH (Germany)
      5. Pendiq (Germany)
      6. Jiangsu Deflu Medical Device Co. (China)
      7. Cambridge Consultants Ltd. (U.K.)
      8. Diabnext (France)
  7. Analyst Views
  8. Future Outlook of the Market