Global Smart-Syringes-Market Trends, Growth Factors Details by Regions, by Types by Applications, a
Global Smart-Syringes-Market was valued at USD 8.2 billion in2020 and expected to reach USD 16.2 billion by 2027 at a CAGR 8.6% from 2020-2027.
Impact of COVID-19 on Market
The increase in COVID-19 pandemic across the globe is expected to boost the demand for smart syringes over the forecast period. The increasing number of COVID-19 patients has created a shortage of PPE, face masks, and gowns. Thus, government and private organizations have started manufacturing of smart syringe.
The prominent players in the Smart-Syringes-Market are also listed in the report to provide readers with a comprehensive overview of the competitive landscape in the market. The major strategies used by these players in the Smart-Syringes-Market are studied in the report to provide readers with an idea of what works & what doesn’t, in the Smart-Syringes-Market. Individual players are examined in detail in the report in order to elaborate on their regional presence & product catalogue, providing a clear picture of each major player operating in the Smart-Syringes-Market.
Regional Analysis
The Global Smart-Syringes-Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America region is anticipated to dominate the global smart syringes market. This is mainly attributed to growing incidences chronic diseases like diabetes, cardiovascular diseases, etc.in countries in the region. Also, APAC region is expected to be an emerging market for the global smart syringes market, and is anticipated to register highest CAGR in during the forecasted period. Due to the increase in demand for minimal invasive medical procedure & increasing healthcare expenditure in the region.
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Key Players
Some key operating players are listed in this report such as Gerresheimer AG, Baxter, Terumo Corporation, B. Braun Melsungen AG, AdvaCare Pharma, Cardinal Health, Becton, Dickinson and Company, Parker Hannifin Corp, Numedico Technologies Pty Ltd, Retractable Technologies, Inc., etc.
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