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At a CAGR of 11.3% Smart Syringe Market size is expected to reach US$ 21.39 Bn by 2030, from US$ 10.11 Bn in 2023 | Coherent Market Insights |

At a CAGR of 11.3% Smart Syringe Market size is expected to reach US$ 21.39 Bn by 2030, from US$ 10.11 Bn in 2023 | Coherent Market Insights |
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Global Smart Syringe Market to Surpass US$ 1,937.99 Million by 2027, Says Coherent Market Insights (CMI)


Share:
US$ 15,542.2 million in
2020 and is expected to exhibit a
CAGR of
(2020-2027).
Key Trends and Analysis of the Global Smart Syringe Market:
Key trends in the market include increasing product approvals & launches, prevalence of chronic diseases such as diabetes and cancer, and increasing acquisitions, partnerships, and agreements by key players. These are expected to drive growth of the market. For instance, according to the study, ‘Global Prevalence of Type 2 Diabetes over the Next Ten Years (2018-2028) , published by the American Diabetes Association, 500 million people worldwide suffered from type 2 diabetes in 2018.
Moreover, rapid product developments by manufacturers that are approved by the regulatory authorities is a major factor augmenting growth of the global smart syringe market. For instance, in August 2019, GlaxoSmithKline received marketing authorization from the European Commission for administering Nucala (mepolizumab) throug ....

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