Smart Syringe Market, by Product Type, by Application, by End User, and by Region

Description

The global smart syringe market is estimated to be valued at US$ 10.11 Billion in 2023 and is expected to exhibit a CAGR of 11.3% during the forecast period (2023-2030).

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 10.11 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	11.30%	2030 Value Projection:	US$ 21.39 Bn

Global Smart Syringe Market Share (%), By Product Type, 2023

Syringes are medical devices used to inject fluid or withdraw fluid from the body. A medical syringe consists of a needle attached to a hollow cylinder that is fitted with a sliding plunger. Smart syringes are designed with safety mechanisms in order to prevent needle stick injuries and the reuse of syringes. The unsafe usage of syringes is observed by the World Health Organization globally, which leads to widespread infection amongst healthcare professionals and patients. Unsafe syringe usage can cause abscesses, septicaemia, and nerve damage; in severe cases, hemorrhagic fevers and malaria are also transmitted.

Market Dynamics

The increasing organic growth strategies, such as product expansion by key market players to expand their product portfolio, are expected to drive market growth over the forecast period. For instance, in December 2020, Hindustan Syringes and Medical Devices (HMD), a manufacturer of medical disposables, announced that it had ramped up production of its Kojak Auto Disable (AD) syringes in anticipation of a surge in demand for the coronavirus vaccine. AD syringes will be widely used for administering the eagerly awaited COVID-19 vaccine. The organization is currently leading efforts to support COVID-19 vaccination in India and internationally, with production of the special Kojak Auto Disable (AD) syringes continuing on a war footing at its Faridabad plant. AD syringes are recommended by the World Health Organization (WHO) and UNICEF for vaccination in mass immunization programs. The WHO even recommends the use of AD syringes to collect blood samples from COVID-19 patients. Thus, increasing expansion of smart syringe is expected to drive market growth over the forecast period.

Key features of the study:

This report provides an in-depth analysis of the global smart syringe market and provides market size (US$ Billion) and compound annual growth rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global smart syringe market based on the following parameters- company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Becton, Dickinson and Company, Gerresheimer AG, Sharps Technology, Inc., Cardinal Health, lomMedical, MHC Medical Products, LLC, Sol-Millennium, UltiMed Inc., VOGT MEDICAL, Retractable Technologies, Inc., Dmcmedical, BIOCORP, Hindustan Syringes & Medical Devices Ltd, Owen Mumford Ltd., B. Braun SE, Terumo Europe NV, Smiths Group plc, Merit Medical Systems, Nipro Corporation, GPC Medical Ltd., AdvaCare Pharma
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global Smart Syringe Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart syringe market.

Detailed Segmentation:

By Product Type:
- Auto-disable Syringes
- Active Safety Syringes
- Passive Safety Syringes
By Application:
- Vaccination
- Drug Delivery
- Blood Specimen Collection
By End User:
- Hospitals & Clinics
- Diagnostic Laboratories
- Homecare Settings
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles
- Becton, Dickinson and Company
- Gerresheimer AG
- Sharps Technology, Inc.
- Cardinal Health
- lomMedical
- MHC Medical Products, LLC
- Sol-Millennium
- UltiMed Inc.
- VOGT MEDICAL
- Retractable Technologies, Inc.
- dmcmedical
- BIOCORP
- Hindustan Syringes & Medical Devices Ltd
- Owen Mumford Ltd.
- Braun SE
- Terumo Europe NV
- Smiths Group plc
- Merit Medical Systems
- Nipro Corporation
- GPC Medical Ltd.
- AdvaCare Pharma

Product Code: CMI4394

1. Research Objective and Assumption

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Recent Test Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis

4. Global Smart Syringe Market, - COVID-19 Impact Analysis

Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand

5. Global Smart Syringe Market, By Product Type, 2018 - 2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
Auto-disable Syringes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
Active Safety Syringes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
Passive Safety Syringes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)

6. Global Smart Syringe Market, By Application, 2018 - 2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
Vaccination
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
Drug Delivery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
Blood Specimen Collection
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)

7. Global Smart Syringe Market, By End User, 2018 - 2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
Diagnostic Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
Homecare Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)

8. Global Smart Syringe Market, By Region, 2018 - 2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
North America
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Bn)
- Market Size and Forecast, Y-o-Y Growth and By Application, 2018 -2030, (US$ Bn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Bn)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Bn)
- Market Size and Forecast, Y-o-Y Growth and By Application, 2018 -2030, (US$ Bn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Bn)
- Market Size and Forecast, Y-o-Y Growth and By Application, 2018 -2030, (US$ Bn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Bn)
- Market Size and Forecast, Y-o-Y Growth and By Application, 2018 -2030, (US$ Bn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Bn)
- Market Size and Forecast, Y-o-Y Growth and By Application, 2018 -2030, (US$ Bn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Bn)
GCC
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Bn)
- Market Size and Forecast, Y-o-Y Growth and By Application, 2018 -2030, (US$ Bn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Bn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country/Region, 2018 -2030, (US$ Bn)
North Africa
Central Africa
South Africa

9. Competitive Landscape

Company Profiles
- Becton, Dickinson and Company
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
- Gerresheimer AG
- Sharps Technology, Inc.
- Cardinal Health
- lomMedical
- MHC Medical Products, LLC
- Sol-Millennium
- UltiMed Inc.
- VOGT MEDICAL
- Retractable Technologies, Inc.
- dmcmedical
- BIOCORP
- Hindustan Syringes & Medical Devices Ltd
- Owen Mumford Ltd.
- B. Braun SE
- Terumo Europe NV
- Smiths Group plc
- Merit Medical Systems
- Nipro Corporation
- GPC Medical Ltd.
- AdvaCare Pharma

10. Section

References
Research Methodology
About us and Sales Contact