- July 15, 2020
- Category: Healthcare and LifeSciences, Medical Device and Equipment
Global Smart Syringe Market Size study, by Product (Auto Disable Syringes, Active Safety Syringes and Passive Safety Syringes), by Application (Drug Delivery, Vaccination and Blood Specimen Collection), by Age Group (Pediatrics and Adults), by End User (Hospitals & HMOs, Diabetic patients, Family practices (Physicians) , Psychiatrics and Others) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Smart Syringe Market, by Region, 2018-2027 (USD Billion) 1.2.2. Smart Syringe Market, by Product, 2018-2027 (USD Billion) 1.2.3. Smart Syringe Market, by Application, 2018-2027 (USD Billion) 1.2.4. Smart Syringe Market, by Age Group, 2018-2027 (USD Billion) 1.2.5. Smart Syringe Market, by End User, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Smart Syringe Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Smart Syringe Market Dynamics 3.1. Smart Syringe Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Smart Syringe Market: Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Smart Syringe Market, by Product 5.1. Market Snapshot 5.2. Global Smart Syringe Market by Product, Performance - Potential Analysis 5.3. Global Smart Syringe Market Estimates & Forecasts by Product 2017-2027 (USD Billion) 5.4. Smart Syringe Market, Sub Segment Analysis 5.4.1. Auto Disable Syringes 5.4.2. Active Safety Syringes 5.4.3. Passive Safety Syringes Chapter 6. Global Smart Syringe Market, by Application 6.1. Market Snapshot 6.2. Global Smart Syringe Market by Application, Performance - Potential Analysis 6.3. Global Smart Syringe Market Estimates & Forecasts by Application 2017-2027 (USD Billion) 6.4. Smart Syringe Market, Sub Segment Analysis 6.4.1. Drug Delivery 6.4.2. Vaccination 6.4.3. Blood Specimen Collection Chapter 7. Global Smart Syringe Market, by Age Group 7.1. Market Snapshot 7.2. Global Smart Syringe Market by Age Group, Performance - Potential Analysis 7.3. Global Smart Syringe Market Estimates & Forecasts by Age Group 2017-2027 (USD Billion) 7.4. Smart Syringe Market, Sub Segment Analysis 7.4.1. Pediatrics 7.4.2. Adults Chapter 8. Global Smart Syringe Market, by End User 8.1. Market Snapshot 8.2. Global Smart Syringe Market by End User, Performance - Potential Analysis 8.3. Global Smart Syringe Market Estimates & Forecasts by End User 2017-2027 (USD Billion) 8.4. Smart Syringe Market, Sub Segment Analysis 8.4.1. Hospitals & HMOs 8.4.2. Diabetic patients 8.4.3. Family practices (Physicians) 8.4.4. Psychiatrics 8.4.5. Others Chapter 9. Global Smart Syringe Market, Regional Analysis 9.1. Smart Syringe Market, Regional Market Snapshot 9.2. North America Smart Syringe Market 188.8.131.52. U.S. Smart Syringe Market 184.108.40.206. Product breakdown estimates & forecasts, 2017-2027 220.127.116.11. Application breakdown estimates & forecasts, 2017-2027 18.104.22.168. Age Group breakdown estimates & forecasts, 2017-2027 22.214.171.124. End User breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Smart Syringe Market 9.3. Europe Smart Syringe Market Snapshot 9.3.1. U.K. Smart Syringe Market 9.3.2. Germany Smart Syringe Market 9.3.3. France Smart Syringe Market 9.3.4. Spain Smart Syringe Market 9.3.5. Italy Smart Syringe Market 9.3.6. Rest of Europe Smart Syringe Market 9.4. Asia-Pacific Smart Syringe Market Snapshot 9.4.1. China Smart Syringe Market 9.4.2. India Smart Syringe Market 9.4.3. Japan Smart Syringe Market 9.4.4. Australia Smart Syringe Market 9.4.5. South Korea Smart Syringe Market 9.4.6. Rest of Asia Pacific Smart Syringe Market 9.5. Latin America Smart Syringe Market Snapshot 9.5.1. Brazil Smart Syringe Market 9.5.2. Mexico Smart Syringe Market 9.6. Rest of The World Smart Syringe Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. Braun Melsungen Ag 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Becton, Dickinson, And Company 10.2.3. Cardinal Health, Inc. 10.2.4. Gerresheimer Ag 10.2.5. Merit Medical Systems, Inc. 10.2.6. Nipro Corporation 10.2.7. Retractable Technologies, Inc. 10.2.8. Revolutions Medical Corporation 10.2.9. Smiths Group Plc. 10.2.10. Terumo Corporation Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Smart Syringe Market is valued approximately at USD 6.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2020-2027. Smart syringes are medical devices which are designed to be reused with safety mechanisms and which also regulate unsafe injection practices. They smart syringes avoid needlestick injuries and prevent transmission of blood-borne diseases such as hepatitis B virus (HBV), hepatitis C virus (HCV), and human immunodeficiency virus (HIV). Smart Syringes used in drug delivery, vaccination, and blood specimen collection. The rising technological advancements, surge in incidences of needlestick injuries and growth in awareness of smart syringes are the few factors responsible for growth of the market over the forecast period. For instance: according to The World Health Organization (WHO), each year 2 million injuries have been recorded from needle-sticks and other sharp objects occur to over 35 million health care workers in the world. Furthermore, the introduction of products and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 08th July 2020, Becton, Dickinson, and Company agreed into a public-private partnership with Government Biomedical Advanced Research and Development Authority (BARDA) to develop new manufacturing lines of injection that delivers more than 100 million of syringes and needles. However, high cost and unaffordability of safety syringes and alternative modes of drug delivery is the major factor restraining the growth of global Smart Syringe market during the forecast period.
The regional analysis of global Smart Syringe market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the large adoption of safety syringes, owing to rise in awareness associated with needle stick injuries, coupled with continual improvements in healthcare practices in healthcare centers across the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Braun Melsungen Ag
Becton, Dickinson, And Company
Cardinal Health, Inc.
Merit Medical Systems, Inc.
Retractable Technologies, Inc.
Revolutions Medical Corporation
Smiths Group Plc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Auto Disable Syringes
Active Safety Syringes
Passive Safety Syringes
Blood Specimen Collection
By Age Group:
By End User:
Hospitals & HMOs
Family practices (Physicians)
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Smart Syringe Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers