With the advancements in technology, many new products are being introduced in the global insulin delivery pens market. The types of products currently available include reusable insulin pens, disposable insulin pens and smart insulin pen caps. Reusable insulin pens include different types of pens that can be used over and over again. Types within the reusable insulin pens category include refillable insulin pens, Bluetooth connected smart insulin pens and USB connected smart insulin pens. Disposable insulin pens contain a prefilled cartridge and the entire pen is disposed or thrown away when the cartridge is empty, allowing a one-time dose adjustment. Smart insulin pen caps record dosage data and helps patients with diabetes to manage their condition more effectively.

Reusable insulin pens is the largest segment by product type in the global insulin delivery pens market, which is estimated to represent over US$ 3,400 Mn, or 64.6% share of the total market in 2017 and is projected to reach over US$ 9,100 Mn by the end of 2027, expanding at a robust CAGR of 10.2% over the forecast period 2017–2027. The second place in the global insulin delivery pens market is taken by the disposable insulin pens segment, which is behind the reusable insulin pens segment in terms of revenue, but is expected to grow at a higher CAGR of 11.0%.

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