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Smart Syringe Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 139 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5700774
Description Jump to:
The global smart syringe market size reached US$ 8.9 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 13.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028.

A smart syringe is a medical device engineered with safety mechanisms to prevent reuse and regulate unsafe injection practices. It is incorporated with a read and write chip with preset parameters, ranges, and usage tracking. It is commonly available in variants of auto-disable (AD), passive safety, and active safety syringes. It aids in treating patients with critical disorders and conditions, such as human immunodeficiency virus (HIV), hepatitis A, hepatitis B, and diabetes. It is used for vaccination, drug delivery, and blood specimen collection. As a result, it is utilized in hospitals, clinics, diagnostics, and vaccination centers across the globe.

Smart Syringe Market Trends:

The increasing prevalence of chronic diseases and viral infections among the masses represents one of the major factors positively influencing the demand for smart syringes around the world. It can also be attributed to the growing aging population, which is more prone to severe medical diseases. Moreover, the expanding number of blood-borne infections among the masses is favoring the market growth. In addition, the rising demand for self-injecting medicines is contributing to the market growth. Apart from this, increasing concerns about needle stick injuries and the rising awareness about safe injection practices are offering lucrative growth opportunities to leading players operating in the industry. Furthermore, the expanding number of births and the growing prevalence of various pediatric diseases among adolescents are creating a positive outlook for the market. Additionally, product manufacturers are introducing small-sized, convenient, lightweight with touch screens and Wi-Fi-enabled solutions for easy monitoring. Besides this, rising investments in improving healthcare infrastructure and medical services and extensive research and development (R&D) activities are expected to propel the market growth.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global smart syringe market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, age group, application and end user.

Breakup by Product:

  • Auto-disable Syringes
  • Active Safety Syringes
  • Passive Safety Syringes

Breakup by Age Group:

  • Pediatrics
  • Adults

Breakup by Application:

  • Drug Delivery
  • Vaccination
  • Blood Specimen Collection

Breakup by End User:

  • Hospitals and HMOs
  • Diabetic Patients
  • Family Practices (Physicians)
  • Psychiatrics
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being AdvaCare Pharma, B. Braun Melsungen AG, Becton, Dickinson and Company, Gerresheimer AG, Merit Medical Systems Inc., Nipro Corporation, Numedico Technologies Pty Ltd., Retractable Technologies Inc. and Terumo Corporation.

Key Questions Answered in This Report

1. What was the size of the global smart syringe market in 2022?
2. What is the expected growth rate of the global smart syringe market during 2023-2028?
3. What are the key factors driving the global smart syringe market?
4. What has been the impact of COVID-19 on the global smart syringe market?
5. What is the breakup of the global smart syringe market based on the product?
6. What is the breakup of the global smart syringe market based on age group?
7. What is the breakup of the global smart syringe market based on the application?
8. What is the breakup of the global smart syringe market based on the end user?
9. What are the key regions in the global smart syringe market?
10. Who are the key players/companies in the global smart syringe market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Syringe Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Auto-disable Syringes
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Active Safety Syringes
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Passive Safety Syringes
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Age Group
7.1 Pediatrics
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Adults
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Drug Delivery
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Vaccination
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Blood Specimen Collection
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End User
9.1 Hospitals and HMOs
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Diabetic Patients
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Family Practices (Physicians)
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Psychiatrics
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 AdvaCare Pharma
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 B. Braun Melsungen AG
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 SWOT Analysis
15.3.3 Becton, Dickinson and Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Gerresheimer AG
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Merit Medical Systems Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Nipro Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Numedico Technologies Pty Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Retractable Technologies Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 Terumo Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
List of Figures
Figure 1: Global: Smart Syringe Market: Major Drivers and Challenges
Figure 2: Global: Smart Syringe Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Smart Syringe Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Smart Syringe Market: Breakup by Product (in %), 2022
Figure 5: Global: Smart Syringe Market: Breakup by Age Group (in %), 2022
Figure 6: Global: Smart Syringe Market: Breakup by Application (in %), 2022
Figure 7: Global: Smart Syringe Market: Breakup by End User (in %), 2022
Figure 8: Global: Smart Syringe Market: Breakup by Region (in %), 2022
Figure 9: Global: Smart Syringe (Auto-disable Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Smart Syringe (Auto-disable Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Smart Syringe (Active Safety Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Smart Syringe (Active Safety Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Smart Syringe (Passive Safety Syringes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Smart Syringe (Passive Safety Syringes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Smart Syringe (Pediatrics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Smart Syringe (Pediatrics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Smart Syringe (Adults) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Smart Syringe (Adults) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Smart Syringe (Drug Delivery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Smart Syringe (Drug Delivery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Smart Syringe (Vaccination) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Smart Syringe (Vaccination) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Smart Syringe (Blood Specimen Collection) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Smart Syringe (Blood Specimen Collection) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Smart Syringe (Hospitals and HMOs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Smart Syringe (Hospitals and HMOs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Smart Syringe (Diabetic Patients) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Smart Syringe (Diabetic Patients) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Smart Syringe (Family Practices (Physicians)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Smart Syringe (Family Practices (Physicians)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Smart Syringe (Psychiatrics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Smart Syringe (Psychiatrics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Smart Syringe (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Smart Syringe (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Smart Syringe Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Smart Syringe Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Smart Syringe Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Smart Syringe Industry: SWOT Analysis
Figure 85: Global: Smart Syringe Industry: Value Chain Analysis
Figure 86: Global: Smart Syringe Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Smart Syringe Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Smart Syringe Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Smart Syringe Market Forecast: Breakup by Age Group (in Million US$), 2023-2028
Table 4: Global: Smart Syringe Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Smart Syringe Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Smart Syringe Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Smart Syringe Market: Competitive Structure
Table 8: Global: Smart Syringe Market: Key Players

Companies Mentioned

  • AdvaCare Pharma
  • B. Braun Melsungen AG
  • Becton
  • Dickinson
  • Company
  • Gerresheimer AG
  • Merit Medical Systems Inc.
  • Nipro Corporation
  • Numedico Technologies Pty Ltd.
  • Retractable Technologies Inc. and Terumo Corporation.

Methodology

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Table Information

Report AttributeDetails
No. of Pages139
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 8.9 Billion
Forecasted Market Value ( USD ) by 2028 $ 13.4 Billion
Compound Annual Growth Rate7.1%
Regions CoveredGlobal
No. of Companies Mentioned10

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