The global market for connected insulin pens could be worth up to $123 million by 2023, according to a report published this year by Research & Markets.
Insulin pens, designed for people who control their diabetes with multiple daily injections instead of a pump or wearable patch, are portable devices that were first introduced in 1985 with Novo Nordisk‘s (NYSE:NVO) NovoPen. Since then, technology has evolved to allow users to track their insulin usage, set reminders and alarms, as well as share their data with caregivers and doctors. Here’s a look at some of the key players shaping the future of connected insulin pens.
Get the full story at our sister site, Drug Delivery Business News.
The post Meet the insulin-makers and device companies developing smart insulin pens appeared first on MassDevice.