Smart Syringe Market, by Product Type (Auto-disable Syringes, Active Safety Syringes, and Passive Safety Syringes), by Application (Vaccination, Drug Delivery, and Blood Specimen Collection), by End User (Hospitals & Clinics, Diagnostic Laboratories, and

Smart Syringe Market, by Product Type (Auto-disable Syringes, Active Safety Syringes, and Passive Safety Syringes), by Application (Vaccination, Drug Delivery, and Blood Specimen Collection), by End User (Hospitals & Clinics, Diagnostic Laboratories, and Homecare Settings), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Smart syringes can be classified in three categories, auto-disabled syringes (widely used for vaccination drives), Active Safety Syringes (the hypodermic protection is activated by the user), and Passive Safety Syringes (retract automatically after the use).
Smart syringes cater to various applications including drug delivery, vaccination, and blood specimen collection. Moreover, increasing demand for blood donations is also fuelling growth of the smart syringe market. For instance, according to the World Health Organization (WHO), 112.5 million blood donations were collected globally every year and there is an increase of 10.7 million blood donations from unpaid donors reported from 2008 to 2013. Furthermore, according to the American National Red Cross, around 7,000 units of platelets and 10,000 units of plasma are required daily in the U.S. and nearly 21 million blood components are transfused each year in the U.S.
Market Dynamics
Major factor driving growth of the smart syringe market include increasing launches of new products in the market and technological advancements in the smart syringes. For instance, on July 06, 2022, Sharps Technology, Inc., a provider of smart safety syringes, announced that the company has received approval from the U.S. Food and Drug Administration (FDA) for SHARPS PROVENSA smart safety syringes and is planning to commence the production in fourth quarter of 2020. SHARPS PROVENSA is designed with a propriety shield to cover the needle point making the syringe incapable of reuse and eliminating accidental needlestick injuries.
Similarly, on October 06, 2022, Gerresheimer AG, announced that the company will offer its Gx RTF syringes with a twist-off closure system, SG ITC (Integrated Tip Cap). The new system offers syringe closure with more stability providing extra protection to the drug product.
Key features of the study:
This report provides in-depth analysis of the global smart syringe market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart syringe market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Becton, Dickinson and Company, Gerresheimer AG, Sharps Technology, Inc., Cardinal Health, lomMedical, MHC Medical Products, Sol-Millennium Medical Group, UltiMed Inc., Vogt Medical, Retractable Technologies, Inc., DMC Medical Limited, BIOCORP, Hindustan Syringes & Medical Devices Ltd, and Owen Mumford Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart syringe market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart syringe market

Detailed Segmentation:
Global Smart Syringe Market, By Product Type:
Auto-disable Syringes
Active Safety Syringes
Passive Safety Syringes
Global Smart Syringe Market, By Application:
Vaccination
Drug Delivery
Blood Specimen Collection
Global Smart Syringe Market, By End User:
Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
Global Smart Syringe Market, By Region:
North America
By Product Type
Auto-disable Syringes
Active Safety Syringes
Passive Safety Syringes
By Application
Vaccination
Drug Delivery
Blood Specimen Collection
By End User:
Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
By Country:
U.S.
Canada
Latin America
By Product Type
Auto-disable Syringes
Active Safety Syringes
Passive Safety Syringes
By Application
Vaccination
Drug Delivery
Blood Specimen Collection
By End User:
Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type
Auto-disable Syringes
Active Safety Syringes
Passive Safety Syringes
By Application
Vaccination
Drug Delivery
Blood Specimen Collection
By End User:
Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type
Auto-disable Syringes
Active Safety Syringes
Passive Safety Syringes
By Application
Vaccination
Drug Delivery
Blood Specimen Collection
By End User:
Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type
Auto-disable Syringes
Active Safety Syringes
Passive Safety Syringes
By Application
Vaccination
Drug Delivery
Blood Specimen Collection
By End User:
Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type
Auto-disable Syringes
Active Safety Syringes
Passive Safety Syringes
By Application
Vaccination
Drug Delivery
Blood Specimen Collection
By End User:
Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Becton, Dickinson and Company*
Company Overview
Material Portfolio
Financial Performance
Key Highlights
Market Strategies
Gerresheimer AG
Sharps Technology, Inc.
Cardinal Health
lomMedical
MHC Medical Products
Sol-Millennium Medical Group
UltiMed Inc.
Vogt Medical
Retractable Technologies, Inc.
DMC Medical Limited
BIOCORP
Hindustan Syringes & Medical Devices Ltd
Owen Mumford Ltd
“*” marked represents similar segmentation in other categories in the respective section.