Home Pharmaceuticals and Healthcare Global smart syringes market growth is expected to be driven by increasing...

Global smart syringes market growth is expected to be driven by increasing incidence of needle stick injuries

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smart syringes market

The global smart syringes market is expected to register significant growth revenue in the forecoming years. Major factors driving growth of the global smart syringes markets are, increasing incidence of blood transmission disease coupled with rising cases of needle stick related injuries. In addition, growing population, increasing health care expenditure, rising disposable income are the other factors expected to drive the growth of the target market over the forecast period.

The global smart syringes market report has been segmented on the basis of product type, application, end user, and region.

On the basis of product type, the global smart syringes market has been segmented into auto-disable syringes, active safety syringes, passive safety syringes.

On the basis of application, the global smart syringes market has been segmented into drug delivery, vaccination, and blood specimen collection.

On the basis of end user, the global smart syringes market has been segmented into hospital & clinic, diabetic patients, family practices (physicians), psychiatrics, others.

On the basis of region, the global smart syringes markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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In 2018, North America smart syringes market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period, due to increasing advent of technological advance products coupled with developed health care infrastructure in country in the region. However, Asia Pacific smart syringes market is projected to register highest CAGR in the next five years, due to rising healthcare expenditure and increased health awareness among consumers in the region.

Key players operating in the global smart syringes market includes: Becton, Dickinson and Company, Cardinal Health, Inc., Terumo Medical Corporation, B. Braun Melsungen AG, Baxter International Inc., Smiths Group plc, Unilife Corporation, Gerresheimer AG, Retractable Technologies, Inc., and Tecan Trading AG.

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Jordan has been into market research industry for last 5 years. He has a keen interest and deep knowledge of research industry. He has a stint of experience working as Research Analyst.

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