Press release
Impact of COVID-19 on Smart Syringe Market Target to Reach $13.8 billion by 2025, at a CAGR of 10.3% | Becton, Dickinson and Company, Cardinal Health, Terumo Medical Corporation
Smart Syringe Market
According to a new report published by Allied Market Research, titled, "Smart Syringe Market by Product Type (Auto Disable, Active Safety, and Passive Safety), Application (Drug Delivery, Vaccination, and Blood Specimen Collection), Age Group (Pediatric and Adult), and End User, (Hospitals and HMOs, Diabetic Patients, Family Practices, and Psychiatrics): Global Opportunity Analysis and Industry Forecast, 2018 - 2025" The report has offered an all-inclusive analysis of the global Smart Syringe Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
The global smart syringe market was valued at $5,737 million in 2017 and is estimated to reach $13,792 million at a CAGR of 10.3% from 2018 to 2025. North America was the highest contributor to the smart syringe market in 2017, while, Asia-Pacific is expected to witness the highest growth during the forecast period.
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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of Product Type, Application, Age Group, and End User. verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the global Smart Syringe market. The forecasts are also provided with respect to the Product Type, Application, Age Group, and End User segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Top 10 leading companies in the global Smart Syringe market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Smart Syringe products and services. The key players operating in the global Smart Syringe industry include Becton, Dickinson and Company, Cardinal Health, Terumo Medical Corporation, B. Braun Melsungen AG, Baxter International, Smiths Group plc, Unilife Corporation, Gerresheimer AG, and Retractable Technologies, Inc. The other prominent players in the value chain include L.O.M. Medical International, Techcon, Tecan Trading AG, Meissner Filtration Products, Inc., ARxIUM, and Parker Hannifin Corporation.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Key Benefits:
• The report provides a qualitative and quantitative analysis of the current Smart Syringe market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
• Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market report also provides an understanding of the current position of the market players active in the Smart Syringe industry.
Highlights of the Report:
• Competitive landscape of the Smart Syringe Market.
• Revenue generated by each segment of the Smart Syringe market by 2027.
• Factors expected to drive and create new opportunities in the Smart Syringe industry.
• Strategies to gain sustainable growth of the market.
• Region that would create lucrative business opportunities during the forecast period.
• Top impacting factors of the Smart Syringe market.
Access Full Report Summary: https://www.alliedmarketresearch.com/smart-syringes-market
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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