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INSULCLOCK is developing a smart insulin pen that automatically records critical information for diabetes management. This innovative device aims to enhance self-management for diabetics and their caregivers, addressing reliability issues in current insulin delivery methods.
INSULCLOCK addresses the opportunity of providing a new product Within the growing market for diabetes care, a very serious and painful disease with an expected global patient pool of 380 million by 2025.More specifically, INSULCLOCK approaches the insulin pens market which totaled above 8 billion € in 2013, with a 9% CAGR for the next years.More than 25% of diabetics depend on insulin injections daily, and it is estimated that 2/3 of insulin volume is injected via injection pens.
If treatment f…
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