Smart Syringe Global Market Size, Share, By Product, By Application, By Age Group, By End User, Opportunity Analysis and Industry Forecast 2024-2033 | Schott AG, Gerresheimer AG, Weigao Group, Catalent Inc., Unilife Corporation

Overview and Scope
Smart syringes are advanced medical devices incorporating technology to enhance safety, accuracy, and efficiency in administering injections. Smart syringes address needlestick injuries, medication errors, and the spread of bloodborne diseases that improve patient and healthcare provider safety.

Sizing and Forecast
The smart syringe market size has grown rapidly in recent years. It will grow from $10.32 billion in 2023 to $11.43 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%.  The growth in the historic period can be attributed to need for medication safety, prevalence of blood-borne diseases, regulatory compliance, global immunization programs, increased healthcare awareness.

The smart syringe market size is expected to see rapid growth in the next few years. It will grow to $17.23 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.  The growth in the forecast period can be attributed to global vaccination initiatives, prevention of medication errors, rise in chronic diseases, expansion of home healthcare, government healthcare initiatives. Major trends in the forecast period include collaborations and partnerships, regulatory compliance, adoption in vaccination programs, focus on sustainable materials, expansion in emerging markets..

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/smart-syringe-global-market-report

Segmentation & Regional Insights
The smart syringe market covered in this report 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

North America was the largest region in the global smart syringes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart syringe market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10821&type=smp

Major Driver Impacting Market Growth
A surge in the incidences of needlestick injuries is expected to propel the growth of the smart syringes market going forward. 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. For instance, in May 2022, according to a survey report of 361 healthcare workers conducted in Saudi Arabia by Frontiers Media, a Switzerland-based publisher of peer-reviewed, open-access scientific journals, the prevalence of needle stick injuries among physicians was 36% and needle stick injuries among nurses were 34.8% in 2021. Further, 53.8% of injuries from needle sticks were not reported to the authority by healthcare and. Therefore, increasing needle stick injuries drive the smart syringes market.

Key Industry Players
Major companies operating in the smart syringe market report are Becton Dickinson and Company, Gerresheimer AG, Baxter International Inc., Terumo Corporation, Braun Melsungen AG, Cardinal Health Inc., Smiths Medical Inc, Parker-Hannifin Corporation, Retractable Technologies Inc., AdvaCare Pharma, Numedico Technologies Pty Ltd., Merit Medical Systems Inc., Nipro Corporation, Revolutions Medical Corporation, Sharps Technology, Unilife Corporation, West Pharmaceutical Services Inc., Schott AG, Vetter Pharma International GmbH, Catalent Inc., Agilent Technologies Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., Trajan LEAP PAL Parts + Consumables, Clayens-np, Haselmeier GmbH, Owen Mumford Ltd., Ypsomed Holding AG, Weigao Group, Jiangsu Huida Medical Instruments Co. Ltd., Shandong Weigao Group Medical Polymer Co. Ltd., Zibo Minkang Pharmaceutical Packing Co. Ltd.

The smart syringe  market report table of contents includes:
1. Executive Summary

2. Smart Syringe Market Characteristics
3. Smart Syringe Market Trends And Strategies
4. Smart Syringe Market – Macro Economic Scenario
5. Global Smart Syringe Market Size and Growth

…..

32. Global Smart Syringe Market Competitive Benchmarking
33. Global Smart Syringe Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Smart Syringe Market
35. Smart Syringe Market Future Outlook and Potential Analysis
36. Appendix

Explore the trending research reports from TBRC:
https://topprnews.com/gluten-feed-market
https://topprnews.com/organic-feed-market
https://topprnews.com/organic-pigments-market
https://goodprnews.com/rapeseed-oil-market
https://goodprnews.com/gluten-feed-market
https://goodprnews.com/manufactured-soil-market

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info

Healthcare Blog: https://healthcareresearchreports.com

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model