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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358074

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358074

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

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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
Smart Syringe Market - IMG1

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

Table of Contents

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
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