Global Smart Insulin Pen Market - Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global smart insulin pen market over the forecast period. The growing prevalence of geriatric population directly impacts the increased demand for the smart insulin pen market for easy tracking of data. For instance, according to data shared by Endocrine Society on January 24, 2022, 54.1 million adults or 16.3% of the U.S. population are seniors (aged 65 or older). An estimated 33% of adults aged 65 or older have diabetes. This population is more at risk of developing diabetes-related complications such as hypoglycemia (low blood sugar), kidney failure, and heart disease than younger people living with diabetes.
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