Smart Syringes Market: Overview
Smart syringes are gaining significant popularity around the world. These syringes are equipped with safety mechanisms, preventing their reutilization, and hence controlling unsafe injection practices.
Read Report Overview – https://www.transparencymarketresearch.com/smart-syringes-market.html
In the recent times, the incidence of infections, owing to unsafe injection practices, has increased substantially. According to the WHO, around 1.7 million people were infected with the hepatitis B virus, almost 0.3 million were infected with hepatitis C virus, and approximately 34,000 individuals were reported to be infected with HIV due to unsafe injections in 2014. These cases, together with rising reports of needlestick injuries, have remarkably boosted the demand for smart syringes worldwide over the years.
This research report on the global market for smart syringes provides a comprehensive analysis of this market, taking its current as well as historical performance into consideration. Analysts have also predicted the future status of this market in this study by examining its future prospects and current and imminent major trends.
Request Brochure of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12707
Smart Syringes Market: Key Trends and Opportunities
Smart syringes are generally utilized in vaccination, drug delivery, and blood specimen collection, among which drug delivery is the most common application area for these syringes. The prime end users of smart syringes are hospitals and health maintenance organizations (HMOs), psychiatrists, and diabetic patients. The demand for these syringes has been the highest from hospitals and HMOs over the last few years.
Auto-disabled (AD) syringes are attracting the highest demand among all the smart syringe products due to their single-use characteristic. These syringes find maximum application in the routine administration of medicines and fluids, owing to which the demand for them is likely to remain high over the next few years.
Request for Analysis of COVID-19 Impact on Smart Syringes Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=12707
The passive safety syringes segment is also expected to gain significant impetus in the coming years. The ease of use, the improved patient safety ensured by the automated activation of the safety feature, and the efficient protection from the transmission of infections offered by these syringes are anticipated to fuel their demand in the future.
Smart Syringes Market: Region-wise Outlook
Geographically, the worldwide smart syringes market can be broadly segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Currently, North America is leading the global market. Rising concerns about needlestick injuries, constant advancements in health-care practices, and the presence of a well-developed medical and health-care infrastructure in this region are driving the smart syringes market in North America.
Apart from this, Asia Pacific is likely to report a significant rise in its market share over the next few years. The rapid growth in disposable income has raised the level of health-care expenditure in this region. Awareness regarding safe injection practices is also rising. Several initiatives by the WHO and local governments to reduce needlestick injuries in order to curb various infections are projected to promote the usage of smart syringes in this region substantially in the near future. All these factors are expected to fuel the Asia Pacific smart syringes market in the coming years.
Pre Book Smart Syringes Market Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=12707<ype=S
Smart Syringes Market: Competitive Outlook
Some of the leading participants in the global market for smart syringes are Smiths Group Plc, B. Braun Melsungen AG, Baxter International Inc., Terumo Medical Corp., Retractable Technologies Inc, Unilife Corp., Revolutions Medical Corp., Medtronic Plc (Covidien), and Becton, and Dickinson and Co.
The high level of unmet needs in several emerging economies have provided market participants huge scope for growth. The growing trend of safe injection practices in medical and health-care systems globally is also presenting lucrative opportunities.
About Us
Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
