Smart Syringes Market to Reach US$ 14,341.33 Mn at a CAGR of 10.6% in 2027 | The Insight Partners

Smart Syringes Market to 2027 - Global Analysis and Forecasts By Type (Active Safety Syringes, Passive Safety Syringes and Auto-Disable Syringes); Application (Vaccination, Drug Delivery and Blood Specimen Collection); End User (Hospitals & Clinics, Home Care and Other End Users) and Geography

Publication Month: Aug 2019 | Report Code: TIPMD00002257 | No. of Pages: 138 | Category: Medical Device | Status: Published

The global smart syringes market is expected to be US$ 5,911.82 Mn in 2018 and is predicted to grow at a CAGR of 10.6% during the forecast period 2019 - 2027, to reach US$ 14,341.33 Mn by 2027.

 

Europe is the second largest geographic market and is expected to be the most significant revenue contributor throughout the forecast period. The region has witnessed several developments in the healthcare systems in the countries such as Germany, France, and Spain.

The growth is due to the rising awareness and government initiatives for transmission of infection through an unsafe injection in countries such as Italy and UK.

 

Exhibit: Lucrative Regional Smart Syringes Markets


 

Market Insights

Application Of Smart Syringes In Vaccination

Smart syringes is having huge application in the field of vaccination, drug delivery and Blood Specimen Collection. Vaccination is an essential form of primary prevention and is used for administering the antigenic substance to produce immunity to a specific disease. The procedure stimulates the body to make antibodies against antigens of pathogens and improves resistance to a particular disease.

Several diseases like smallpox and polio have been successfully exterminated through the vaccination. Moreover, in India, the government has made vaccines to be compulsorily administered to the kids that protect from diseases such as, Diphtheria, Tuberculosis, Mumps, Pertussis, Measles, Polio, Typhoid, Hepatitis A & B, Rubella and Rotavirus.

 

Technological Developments in The Field of Smart Syringes

The increasing rate of different diseases has increased the demand for smart syringes. The advancements in the field of syringes and needles have also increased the development of smart syringes. Many researchers and companies have developed innovative type of syringes. For instance, in October 2016, QuiO developed its real-time adherence monitoring solution, Smartinjector device, and connected software platform, which is a reusable handheld device loaded with a single-use syringe.

Many companies are focusing on needleless technologies in the market. The press-on patches technology has discovered to deliver medications through the outer layer of the skin. Also, tiny biobots, made up of jelly-like material, found that implanted under the skin and release medication via magnetic activation. The company named Retractable Technologies, Inc. offers VanishPoint syringe that is reliable, single-handed, and easy to use. Unlike traditional syringes, VanishPoint syringe exerts continued pressure on the syringe plunger that causes the needle to retract into the syringe irreversibly. This property helps in avoiding any further injury and further prevents syringe from being reused or reassembled. This manufacturing approach certifies the reliable high performance required by the U.S. Food and Drug Administration (FDA) and demanded by healthcare providers.

 

Type Insights

The global smart syringes market by type was led by Passive Safety Syringes, Active Safety Syringes, and Auto-Disable Syringes. In 2018, the segment held largest market share in the smart syringes market, by type. The segment is also expected to witness growth at a significant rate during the forecast period as it prevents the risk of serious infections such as hepatitis or human immunodeficiency virus (HIV) to healthcare workers.

 

Exhibit: Smart Syringes Market, by Type

SMART SYRINGES – MARKET SEGMENTATION

 

By Type

  • Passive Safety Syringes
  • Active Safety Syringes
  • Auto-Disable Syringes

 

By Application

  • Vaccination
  • Drug Delivery
  • Blood Specimen Collection

 

By End User

  • Hospitals
  • Homecare
  • Others


By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
  • South and Central America
    • Brazil
    • Argentina

 

Company Profiles

  • Retractable Technologies, Inc.
  • AdvaCare Pharma
  • Numedico Technologies Pty Ltd
  • Gerresheimer AG
  • Parker Hannifin Corp
  • Becton, Dickinson and Company
  • Cardinal Health
  • B. Braun Melsungen Ag
  • Terumo Corporation
  • Baxter

1.             Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1       Global Smart Syringes Market – By Type

1.3.2       Global Smart Syringes Market – By Application

1.3.3       Global Smart Syringes Market – By End User

1.3.4       Global Smart Syringes Market – By Geography

2.             Global Smart Syringes Market – Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Global Smart Syringes Market – Market Landscape

4.1       Overview

4.2       PEST Analysis

4.2.1       North America PEST Analysis

4.2.2       Europe PEST Analysis

4.2.3       Asia Pacific PEST Analysis

4.2.4       Middle East & Africa PEST Analysis

4.2.5       South & Central America PEST Analysis

5.             Global Smart Syringes Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1       Rising Incidences of Sharp Injuries

5.1.2       Technological Developments in The Field of Smart Syringes

5.2       Key Market Restraint

5.2.1       Soaring Costs of Vaccines

5.2.2       Low Awareness in Developing Economies

5.3       Key Market Opportunities

5.3.1       Development in the Healthcare Market

5.4       Future Trends

5.4.1       Growing Research Activities

5.5       Impact Analysis

6.             Smart Syringes Market – Global Analysis

6.1       Global Smart Syringes Market Revenue Forecasts And Analysis

6.2       Global Smart Syringes Market, By Geography - Forecasts And Analysis

6.3       Performance of Key Players

7.             Global Smart Syringes Market Analysis– by Type

7.1       Overview

7.2       Global Smart Syringes Market Share By Type 2018 & 2027 (%)

7.3       Active Safety Syringes

7.3.1       Overview

7.3.2       Active Safety Syringes Market Revenue and Forecast to 2027 (US$ Mn)

7.4       Passive Safety Syringes

7.4.1       Overview

7.4.2       Passive Safety Syringes Market Revenue and Forecast to 2027 (US$ Mn)

7.5       Auto-Disable Syringes

7.5.1       Overview

7.5.2       Auto-Disable Syringes Market Revenue and Forecast to 2027 (US$ Mn)

8.             Smart Syringes Market Analysis and Forecasts To 2027 – Application

8.1       Overview

8.2       Global Smart Syringes Market Share By Application 2018 & 2027 (%)

8.3       Vaccination

8.3.1       Overview

8.3.2       Vaccination Market Revenue and Forecast to 2027 (US$ Mn)

8.4       Drug Delivery

8.4.1       Overview

8.4.2       Drug Delivery Market Revenue and Forecast to 2027 (US$ Mn)

8.5       Blood Specimen Collection

8.5.1       Overview

8.5.2       Blood Specimen Collection Market Revenue and Forecast to 2027 (US$ Mn)

9.             Smart Syringes Market Analysis and Forecasts to 2027 – End User

9.1       Overview

9.2       Global Smart Syringes Market Share By End User 2018 & 2027 (%)

9.3       Hospitals And Clinics

9.3.1       Overview

9.3.2       Hospitals And Clinics Market Revenue and Forecast to 2027 (US$ Mn)

9.4       Home Care

9.4.1       Overview

9.4.2       Home Care Market Revenue and Forecast to 2027 (US$ Mn)

9.5       Others

9.5.1       Overview

9.5.2       Others Market Revenue and Forecast to 2027 (US$ Mn)

10.          Smart Syringes Market Revenue and Forecasts to 2027 – Geographical Analysis

10.1    North America Smart Syringes Market

10.1.1    Overview

10.1.2    North America Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.1.3    North America Smart Syringes Market Revenue And Forecasts to 2027, By Type (US$ Mn)

10.1.4    North America Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.1.5    North America Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.1.6    North America Smart Syringes Market Revenue and Forecasts to 2027, By Country (%)

10.1.7    US Smart Syringes Market

10.1.7.1  US Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.1.7.2  US Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.1.7.3  US Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.1.7.4  US Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.1.8    Canada Smart Syringes Market

10.1.8.1  Canada Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.1.8.2  Canada Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.1.8.3  Canada Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.1.8.4  Canada Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.1.9    Mexico Smart Syringes Market

10.1.9.1  Mexico Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.1.9.2  Mexico Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.1.9.3  Mexico Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.1.9.4  Mexico Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.2    Europe Smart Syringes Market

10.2.1    Overview

10.2.2    Europe Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.2.3    Europe Smart Syringes Market Revenue And Forecasts to 2027, By Europe (US$ Mn)

10.2.4    Europe Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.2.5    Europe Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.2.6    Europe Smart Syringes Market Revenue And Forecasts to 2027, By Country (%)

10.2.7    UK Smart Syringes Market

10.2.7.1  UK Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.2.7.2  UK Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.2.7.3  UK Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.2.7.4  UK Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.2.8    Germany Smart Syringes Market

10.2.8.1  Germany Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.2.8.2  Germany Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.2.8.3  Germany Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.2.8.4  Germany Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.2.9    France Smart Syringes Market

10.2.9.1  France Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.2.9.2  France Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.2.9.3  France Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.2.9.4  France Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.2.10 Spain Smart Syringes Market

10.2.10.1.. Spain Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.2.10.2..... Spain Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.2.10.3..... Spain Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.2.10.4..... Spain Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.2.11 Italy Smart Syringes Market

10.2.11.1.... Italy Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.2.11.2....... Italy Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.2.11.3...... Italy Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.2.11.4...... Italy Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.3    Asia Pacific Smart Syringes Market

10.3.1    Overview

10.3.2    Asia Pacific Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.3.3    Asia Pacific Smart Syringes Market Revenue And Forecasts to 2027, By Product (US$ Mn)

10.3.3.1  Asia Pacific Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.3.3.2  Asia Pacific Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.3.3.3  Asia Pacific Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.3.4    Asia Pacific Smart Syringes Market Revenue and Forecasts to 2027, By Country (%)

10.3.5    China Smart Syringes Market

10.3.5.1  China Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.3.5.2  China Smart Syringes Market Revenue And Forecasts to 2027, By Product (US$ Mn)

10.3.5.3  China Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.3.5.4  China Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.3.5.5  China Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.3.6    Japan Smart Syringes Market

10.3.6.1  Japan Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.3.6.2  Japan Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.3.6.3  Japan Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.3.6.4  Japan Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.3.7    India Smart Syringes Market

10.3.7.1  India Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.3.7.2  India Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.3.7.3  India Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.3.7.4  India Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.3.8    Australia Smart Syringes Market

10.3.8.1  Australia Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.3.8.2  Australia Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.3.8.3  Australia Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.3.8.4  Australia Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.3.9    South Korea Smart Syringes Market

10.3.9.1  South Korea Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.3.9.2  South Korea Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.3.9.3  South Korea Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.3.9.4  South Korea Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.4    Middle East & Africa Smart Syringes Market

10.4.1    Overview

10.4.2    Middle East and Africa Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.4.2.1  Middle East and Africa Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.4.2.2  Middle East and Africa Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.4.2.3  Middle East and Africa Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.4.3    Middle East and Africa Smart Syringes Market Revenue and Forecasts to 2027, By Country (%)

10.4.4    UAE Smart Syringes Market

10.4.4.1  UAE Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.4.4.2  UAE Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.4.4.3  UAE Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.4.4.4  UAE Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.4.5    Saudi Arabia Smart Syringes Market

10.4.5.1  Saudi Arabia Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.4.5.2  Saudi Arabia Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.4.5.3  Saudi Arabia Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.4.5.4  Saudi Arabia Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.4.6    South Africa Smart Syringes Market

10.4.6.1  South Africa Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.4.6.2  South Africa Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.4.6.3  South Africa Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.4.6.4  South Africa Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.5    South and Central America Smart Syringes Market

10.5.1    Overview

10.5.2    South and Central America Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.5.2.1  South and Central America Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.5.2.2  South and Central America Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.5.2.3  South and Central America Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.5.3    South and Central America Smart Syringes Market Revenue and Forecasts to 2027, By Country (%)

10.5.4    Brazil Smart Syringes Market

10.5.4.1  Brazil Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.5.4.2  Brazil Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.5.4.3  Brazil Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.5.4.4  Brazil Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.5.5    Argentina Smart Syringes Market

10.5.5.1  Argentina Smart Syringes Market Revenue And Forecasts to 2027 (US$ Mn)

10.5.5.2  Argentina Smart Syringes Market Revenue and Forecasts to 2027, By Type (US$ Mn)

10.5.5.3  Argentina Smart Syringes Market Revenue And Forecasts to 2027, By Application (US$ Mn)

10.5.5.4  Argentina Smart Syringes Market Revenue And Forecasts to 2027, By End User (US$ Mn)

11.          Smart Syringes Market – Industry Landscape

11.1    Overview

11.2    Comparative Company Analysis

12.          Smart Syringes Market–Key Company Profiles

12.1    Retractable Technologies, Inc.

12.1.1    Key Facts

12.1.2    Business Description

12.1.3    Financial Overview

12.1.4    Product Portfolio

12.1.5    SWOT Analysis

12.1.6    Key Developments

12.2    AdvaCare Pharma

12.2.1    Key Facts

12.2.2    Business Description

12.2.3    Financial Overview

12.2.4    Product Portfolio

12.2.5    SWOT Analysis

12.2.6    Key Developments

12.3    Numedico Technologies Pty Ltd

12.3.1    Key Facts

12.3.2    Business Description

12.3.3    Financial Overview

12.3.4    Product Portfolio

12.3.5    SWOT Analysis

12.3.6    Key Developments

12.4    Gerresheimer AG

12.4.1    Key Facts

12.4.2    Business Description

12.4.3    Financial Overview

12.4.4    Product Portfolio

12.4.5    SWOT Analysis

12.4.6    Key Developments

12.5    Parker Hannifin Corp

12.5.1    Key Facts

12.5.2    Business Description

12.5.3    Financial Overview

12.5.4    Product Portfolio

12.5.5    SWOT Analysis

12.5.6    Key Developments

12.6    BD

12.6.1    Key Facts

12.6.2    Business Description

12.6.3    Financial Overview

12.6.4    Product Portfolio

12.6.5    SWOT Analysis

12.6.6    Key Developments

12.7    Cardinal Health

12.7.1    Key Facts

12.7.2    Business Description

12.7.3    Financial Overview

12.7.4    Product Portfolio

12.7.5    SWOT Analysis

12.7.6    Key Developments

12.8    B. Braun Melsungen Ag

12.8.1    Key Facts

12.8.2    Business Description

12.8.3    Financial Overview

12.8.4    Product Portfolio

12.8.5    SWOT Analysis

12.8.6    Key Developments

12.9    Terumo Corporation

12.9.1    Key Facts

12.9.2    Business Description

12.9.3    Financial Overview

12.9.4    Product Portfolio

12.9.5    SWOT Analysis

12.9.6    Key Developments

12.10  Baxter

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Financial Overview

12.10.4 Product Portfolio

12.10.5 SWOT Analysis

12.10.6 Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Glossary of Terms


 

The List of Companies

  1. Retractable Technologies, Inc.
  2. AdvaCare Pharma
  3. Numedico Technologies Pty Ltd
  4. Gerresheimer AG
  5. Parker Hannifin Corp
  6. Becton, Dickinson and Company
  7. Cardinal Health
  8. B. Braun Melsungen Ag
  9. Terumo Corporation
  10. Baxter
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Smart Syringes market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global Smart Syringes market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.