The
primary factor fueling this market is the increasing incidences of infections
and diseases borne by needle sticks and the mandatory protocols of the
governing bodies including the WHO. Technological development at a lightening
pace is bolstering the smart syringes market. The necessity associated with the
prevention of infections acquired in hospitals and clinics and the need for
vaccination are empowering growth of this market. The upsurge in geriatric
population giving in the turmoil of the chronic lifestyle diseases raises the
use of smart syringes. However, premium price of this product, alternative
modes for drug delivery and rigid policies of the regulating organizations are
impeding growth of this market. The supportive niche curved by the governments
of various nations in this market, the awareness spreading programs of
different NGOs and the thriving healthcare infrastructure is expected to offer
scopes to unfold market opportunities.
The
global Smart Syringes market size is projected to reach US$ 14686.09 million by
2028, from US$ 7002.5 million in 2020, at a CAGR of 9.7% during 2021-2028.
In
terms of production side, this report researches the Smart Syringes production
capacity, value, ex-factory price, growth rate, market share by manufacturers,
regions (or countries) and by Type.
In
terms of consumption side, this report focuses on the consumption of Smart
Syringes by regions (countries) and by Application.
The
global Smart Syringes market is thoroughly, accurately, and comprehensively
assessed in the report with a large focus on market dynamics, market
competition, regional growth, segmental analysis, and key growth strategies.
Buyers of the report will have access to verified market figures, including
global market size in terms of revenue and volume. As part of production
analysis, the authors of the report have provided reliable estimations and
calculations for global revenue and volume by Type segment of the global Smart
Syringes market. These figures have been provided in terms of both revenue and
volume for the period 2016-2028. Additionally, the report provides accurate
figures for production by region in terms of revenue as well as volume for the
same period. The report also includes production capacity statistics for the
same period.
Geographic Segmentation
The
report offers exhaustive assessment of different region-wise Smart Syringes
markets such as North America, Europe, China and Japan, etc. Key regions
covered in the report are U.S., Canada, Germany, France, U.K., Italy, Russia,
China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand,
Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E
For
the period 2016-2028, the report provides country-wise revenue and volume sales
analysis and region-wise revenue and volume analysis of the global Smart
Syringes market. For the period 2020-2028, it provides sales (consumption)
analysis and forecast of different regional markets by each application as well
as type segment in terms of volume.
Manufacturers
The
report includes comprehensive company profiling of leading and emerging
companies competing in the global Smart Syringes market. It provides a detailed
list of players operating at a global level. The players have been listed
according to the type of products they offer in the global Smart Syringes
market and other factors. As part of the company profiling, the analysts
authoring the report has provided the market entry year of each player
considered for the research study. The report also offers extensive price,
volume sales, and revenue analysis by the manufacturer at the global level for
the period 2016-2028.
By Type and Application
Segments
The
report includes a detailed analysis of leading and type and application
segments of the global Smart Syringes market. All of the segments covered in
the report are broadly analyzed based on some deciding factors. The segmental
analysis section of the report offers revenue sales analysis and forecast of
the global Smart Syringes market by each type segment for the period 2016-2028.
It also offers volume sales (consumption) analysis and forecast of the global Smart
Syringes market by each type segment for the same period. Also, it provides
volume sales (consumption) analysis and forecast of the global Smart Syringes
market by each application segment for the same period.
This report includes the
following manufacturers:
Becton,
Dickinson and Company
Gerresheimer
AG
Sharps
Technology Inc
Cardinal
Health
IomMedical
MHC
Medical Products
UltiMed
Inc
Vogt
Medical
BIOCORP
DMC
Medical Limited
Market
Segment by Product
Auto
Disable Syringes
Active
Safety Syringes
Passive
Safety Syringes
Market
Segment by Application
Drug
Delivery
Vaccination
Blood
Specimen Collection
Market
Segment by Age Group
Pediatrics
Adults
Market
Segment by End Users
Hospitals
and HMOs
Diabetic
Patients
Family
Practices (Physicians)
Psychiatrics
Others
Research Methodology
To
compile the detailed study of the global Smart Syringes market, a robust
research methodology has been adopted that aids in determining the key insights
and also evaluates the growth prospects of the Smart Syringes market. Data
Insights Partner Research analysts have conducted in-depth primary and
secondary research to obtain crucial insights into the Smart Syringes market.
To carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the
global market.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Smart
Syringes market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Smart Syringes market is done by taking into account various parameters such
as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Smart Syringes caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Smart
Syringes market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Smart Syringes market
v
Identification
of key factors driving investment opportunities in the Smart
Syringes market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants