Worldwide Smart Syringes Market to Lead in Upcoming Years - Technological Trends 2024

Smart syringes are gaining significant popularity around the world. These syringes are equipped with safety mechanisms, preventing their reutilization, and hence controlling unsafe injection practices.

In the recent times, the incidence of infections, owing to unsafe injection practices, has increased substantially. According to the WHO, around 1.7 million people were infected with the hepatitis B virus, almost 0.3 million were infected with hepatitis C virus, and approximately 34,000 individuals were reported to be infected with HIV due to unsafe injections in 2014. These cases, together with rising reports of needlestick injuries, have remarkably boosted the demand for smart syringes worldwide over the years.

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This research report on the global market for smart syringes provides a comprehensive analysis of this market, taking its current as well as historical performance into consideration. Analysts have also predicted the future status of this market in this study by examining its future prospects and current and imminent major trends.

Smart syringes are generally utilized in vaccination, drug delivery, and blood specimen collection, among which drug delivery is the most common application area for these syringes. The prime end users of smart syringes are hospitals and health maintenance organizations (HMOs), psychiatrists, and diabetic patients. The demand for these syringes has been the highest from hospitals and HMOs over the last few years.

Auto-disabled (AD) syringes are attracting the highest demand among all the smart syringe products due to their single-use characteristic. These syringes find maximum application in the routine administration of medicines and fluids, owing to which the demand for them is likely to remain high over the next few years.

The passive safety syringes segment is also expected to gain significant impetus in the coming years. The ease of use, the improved patient safety ensured by the automated activation of the safety feature, and the efficient protection from the transmission of infections offered by these syringes are anticipated to fuel their demand in the future.

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Some of the leading participants in the global market for smart syringes are Smiths Group Plc, B. Braun Melsungen AG, Baxter International Inc., Terumo Medical Corp., Retractable Technologies Inc, Unilife Corp., Revolutions Medical Corp., Medtronic Plc (Covidien), and Becton, and Dickinson and Co.

The high level of unmet needs in several emerging economies have provided market participants huge scope for growth. The growing trend of safe injection practices in medical and health-care systems globally is also presenting lucrative opportunities.

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