Press release
Smart Syringe Market 2023: Size, Growth, Share, Trends, Competitive Landscape, Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Smart Syringe Global Market Report 2023 identifies A surge in the incidences of needlestick injuries as the major driver for the Smart Syringe market's growth in the forecast period. Needlestick injuries occur when a needle or another sharp medical device accidentally punctures a healthcare worker's skin. Smart syringes are very useful in minimizing needlestick injuries and bloodborne disorders such as HIV and Hepatitis B, as these smart syringes are equipped with exceptional safety features such as retractable needles that automatically get retracted so that accidental needlestick injuries and subsequent transmission of diseases are avoided.
The global smart syringes market size is expected to grow from $9.3 billion in 2022 to $10.32 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart syringes market size is expected to reach $15.37 billion in 2027 at a CAGR of 10.5%.
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Major competitors in the Smart Syringe market are Becton Dickinson and Company, Gerresheimer AG, Baxter International Inc., Terumo Corporation, Braun Melsungen AG, AdvaCare Pharma, Cardinal Health, Parker-Hannifin Corporation, Numedico Technologies Pty Ltd., Retractable Technologies Inc., Merit Medical Systems Inc., Nipro Corporation, Revolutions Medical Corporation, Sharps Technology, and Unilife Corporation
A key trend in the Smart Syringe market includes Product innovations. Major companies in the market are introducing innovative products such as the Gx InnoSafe safety syringe to sustain their position in the market
Read More On The Global Smart Syringe Market Report Here:
https://www.thebusinessresearchcompany.com/report/smart-syringe-global-market-report
The Smart Syringe market is segmented -
1) By Product: Auto-Disable Syringes, Active Safety Syringes, Passive Safety Syringes
2) By Age Group: Pediatrics, Adults
3) By Application: Drug Delivery, Vaccination, Blood Specimen Collection
4) By End Users: Hospitals And Health Maintenance Organizations (HMOs), Diabetic Patients, Family Practices, Psychiatrics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Smart Syringe market.
The Business Research Company's "Global Smart Syringe Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Smart Syringe Market Include:
1. Executive Summary
2. Smart Syringe Market Characteristics
3. Smart Syringe Market Trends And Strategies
4. Smart Syringe Market - Macro Economic Scenario
5. Smart Syringe Market Size And Growth
.......
26. Africa Smart Syringe Market
27. Smart Syringe Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Syringe Market
29. Smart Syringe Market Future Outlook and Potential Analysis
30. Appendix
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