Press release
Smart Syringe Market 2023 Industry Size, Extensive Research by Trends, Developing Opportunities, Business Statistics and Forecast to 2032
Global Smart Syringe Market
The market is growing as a result of an increase in the number of needle stick injuries, a high incidence of blood-borne transmission-such as the spread of hepatitis B, C, and HIV-through inappropriate injection techniques, a rise in the use of safety syringes, and technological developments. Also, the WHO's mandated recommendations to transition to smart syringes and ensure safe injection techniques are a major driver of market growth. However, it is anticipated that the development of the market will be hampered by the high cost of smart syringes, particularly passive safety syringes, poor awareness in emerging nations, and alternative drug administration methods.
Smart syringes are medical devices that are designed with safety features to prevent syringe reuse and control dangerous injection procedures. They come with features that help users avoid needlestick injuries and guard against the spread of blood-borne illnesses such the hepatitis C virus (HCV), hepatitis B virus (HBV), and human immunodeficiency virus (HIV). They support a wide range of uses, such as blood sample collection, medication delivery, and immunisation. Depending on the application, many smart syringe types, including auto disable (AD) syringes, passive safety syringes, and active safety syringes, are employed. Active safety syringes are the most prevalent kind of smart syringes used in all healthcare sectors, whereas auto-disable (AD) syringes are frequently used for vaccination.
Smart Syringe Market Trends:
One of the key elements driving up demand for smart syringes globally is the rising incidence of viral infections and chronic disorders among the populace. It can also be ascribed to the fact that an older population is more likely to develop serious medical conditions. Also, the rise in blood-borne illnesses among the general population is helping the market increase. Also, the market is expanding as a result of the increased demand for self-injecting medications. In addition, rising awareness of safe injection techniques and growing worries about needle stick injuries are providing lucrative development prospects to top industry participants. A good picture for the market is also being created by the rising birthrate and the rising prevalence of numerous paediatric disorders among teenagers. Moreover, product makers are providing compact, portable, light-weight solutions with touch screens and Wi-Fi capabilities for simple monitoring. In addition, increased investments in enhancing healthcare services and infrastructure as well as substantial research and development (R&D) efforts are anticipated to fuel market expansion.
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Market Segmentations:
The research report includes specific segments by region (country), by Company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Global Smart Syringe Market: By Types
Auto-disable syringes
Active safety syringes
Passive safety syringes
Global Smart Syringe Market: By Applications
Pediatric
Adult
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Global Smart Syringe Market: Top Key Players
Becton
Dickinson
Cardinal Health
Terumo Medical
B. Braun Melsungen
Baxter International
Smiths
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COVID-19 Impact
The COVID-19 immunisation programmes that are pre-planned around the world are predicted to result in a substantial increase in the volume of smart syringes that will be used in the upcoming years. Infection with COVID-19 has already demonstrated its capacity to lead to shortages of medical supplies like face masks, gowns, and personal protective equipment (PPE) in the early stages of the pandemic. Although syringes are one of the essential parts of vaccine distribution, governments and organisations have already begun syringe manufacturing and production to address these supply chain concerns. During the pandemic period, the demand for worldwide immunisation against new coronavirus is fully prepared to drive smart syringe production.
The market for smart syringes is divided into several regions, age groups, end users, product types, and applications. The market is divided into auto disable (AD) syringes, active safety syringes, and passive safety syringes based on the kind of product. The market is divided into three categories based on application: drug administration, vaccination, and blood specimen collection. The market is divided into paediatric and adult segments based on age groups. The market is divided into hospitals and HMOs, diabetic patients, family practises, psychiatrics, and others based on the end user. It is examined across North America, Europe, Asia-Pacific, and LAMEA based on region.
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FREQUENTLY ASKED QUESTIONS?
Q1. What is the total market value of Smart Syringe Market report ?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Smart Syringe Market in 2020?
Q4. Which is base year calculated in the Smart Syringe Market report?
Q5. Does the Smart Syringe company is profiled in the report?
Q6. Which are the top companies hold the market share in Smart Syringe Market?
Q7. Does the Smart Syringe Market report provides Value Chain Analysis?
Q8. What are the key trends in the Smart Syringe Market report?
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