Smart Syringes Market Trends and Analysis

1. Smart Syringes Market At an estimated value of over USD 6.78 billion in 2019, the Global Smart Syringes Market is valued at over USD 15.65 billion over the forecast by 2030 Next Move Strategy Consulting

2. Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting

3. Market Overview • Smart syringes are medical devices designed with safety mechanisms to avoid the reuse of syringes and regulate the unsafe injection practices. • These syringes are equipped with its own read/write chip containing preset parameters, ranges, and usage tracking. It also prevents needlestick injuries to the patient and helps in minimizing transmission of blood-borne diseases such as hepatitis B virus (HBV), hepatitis C virus (HCV), and human immunodeficiency virus (HIV). • Various factors such as increasing need to avoid needle stick injuries, high rate of blood-borne disease transmission such as hepatitis B, C, and HIV through inappropriate injection practices, and technological investments drive the smart syringes market growth. • Upsurge in the demand for auto-disabled (AD) syringes is expected to be opportunistic for the smart syringes market growth in the forecast period. Next Move Strategy Consulting

4. Market Segmentation • By Product Type • Active Safety Syringes • Passive Safety Syringes • Auto Disable Syringes • By Age Group • Adults • Pediatrics • By Application • Vaccination • Drug Delivery • Blood Specimen Collection • By End User • Hospitals & HMOs • Family Practices • Diabetic Patients • Psychiatrics • Others Next Move Strategy Consulting

5. Regional Analysis • North America • The U.S. • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting

6. Key Market Players • Smiths Group Plc • Baxter International Inc. • B. Braun Melsungen AG • Terumo Medical Corp. • Unilife Corp. • Revolutions Medical Corp. • Retractable Technologies Inc • Medtronic Plc (Covidien) • Becton, Dickinson and Company Next Move Strategy Consulting

7. Key Highlights • The smart syringes market is experiencing significant growth, driven by the demand for advanced healthcare solutions and the need to improve patient safety. • Key market drivers include increasing emphasis on infection control, rising prevalence of chronic diseases that require frequent injections, and advancements in healthcare technology. • Regionally, North America holds a significant share of the market due to its advanced healthcare infrastructure and high adoption rates of innovative medical technologies. However, the Asia-Pacific region is witnessing rapid growth due to expanding healthcare access and rising healthcare expenditures. • Key trends include the development of connected smart syringes that integrate with digital health platforms for real-time monitoring and data collection. Next Move Strategy Consulting

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