Smart Syringe Booming Segments; Investors Seeking Growth | Becton Dickinson, Terumo Medical, Cardinal Health

Smart syringes can be defined as medical devices that are made with safety mechanisms to prevent the reuse of syringes and regulate unsafe injection practices. They are prepared with features to avoid needle stick injuries in the person who uses these syringes and prevent transmission of blood-borne diseases and life-threatening infections such as with HIV, hepatitis and other diseases. The prime end users of are hospitals and health maintenance organizations (HMOs), psychiatrists, and diabetic patients. These syringes are used in vaccination, drug delivery and blood specimen collection.

Advance Market Analytics released the research report of Global Smart Syringe Market, offers a detailed overview of the factors influencing the global business scope. Smart Syringe Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Smart Syringe. This Report covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Becton Dickinson (United States), Cardinal Health (United States), B. Braun Melsungen AG (Germany), Smiths Group plc (United Kingdom), Gerresheimer AG (Germany), Retractable Technologies, Inc. (United States), L.O.M. Medical International (Canada), ARxIUM (Canada), Medtronic Plc (Ireland) and Terumo Medical (United States).

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Market Leaders and their expansionary development strategies
January 8, 2019: Cardinal Health acquires Mirixa Corporation. This expanded portfolio from Cardinal Health will bring payers an enhanced pharmacy services network and will standardize care delivery, documentation and billing for MTM services.

Jan 24, 2019: BD Launches Ergonomic Pen Needle Technology to Help Optimize Injection Technique. BD Nano 2nd gen pen needles help mitigate the risks resulting from user injection force variability through its contoured needle base and compensate for variable injection forces by first concentrating.

WHO calls for worldwide use of "smart" syringes. New WHO injection safety guidelines and policy released today provide detailed recommendations highlighting the value of safety features for syringes, including devices that protect health workers against accidental needle injury and consequent exposure to infection. WHO also stresses the need to reduce the number of unnecessary injections as a critical way of reducing risk.

Market Trend
o Advancements in Technology
o Growing Trend of Safe Injection Practices in Medical and Health-Care Systems

Market Drivers
o High Prevalence of Blood-Borne Transmission Such as Hepatitis B, C and HIV
o Growth in Adoption of Safety Syringes

Opportunities
o Mandatory Recommendation by WHO to Switch to Smart Syringes
o High Level of Unmet Needs in Emerging Economies

Restraints
o High Cost of Passive Safety Syringes
o Availability of Alternative Drug Delivery Methods

Challenges
o Low Awareness in Developing Economies

The Global Smart Syringe Market segments and Market Data Break Down are illuminated below:
by Type (Auto Disable (AD), Passive Safety, Active Safety), Application (Vaccination, Drug Delivery, Blood Specimen Collection), End Users (Hospitals, Diabetic Patients, Psychiatrics, Others)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Smart Syringe Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Smart Syringe market
Chapter 2: Exclusive Summary - the basic information of the Smart Syringe Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Smart Syringe
Chapter 4: Presenting the Smart Syringe Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Smart Syringe market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Smart Syringe Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Smart Syringe Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources - Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

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