Smart Syringe Pumps - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Smart Syringe Pumps Market is accounted for $801.12 million in 2017 and is expected to reach $1, 899.98 million by 2026 growing at a CAGR of 10.1% during the forecast period. The market is propelling due to advanced technological developments and high growth in emerging economies. However, the high cost and risks of irregular flow pattern are restraining the market.
A smart syringe pump is new machinery that assists in the mixture of fluids with added consistency, can be used for forced pressure, and flow. This method is safe for release of any sort of liquids, reducing time and provides longer cycles of the mixture.
Based on Product, Consumables segment held the significant market share during the forecast period. Though an increasing decrease in the coming years it will continue to dominate the market. By geography, North America is anticipated to grow during the forecast period due to rising geriatrics population and the commonness of chronic diseases.
Some of the key players in the Smart Syringe Pumps market are B. Braun Melsungen, Baxter Healthcare Corporation, Becton, Cardinal Health, Dickinson and Company, Hospira Inc., Medtronic (Covidien), Retractable Technologies, Revolutions Medical Corporation, Sigma International, Smiths Group, IRadimed Corporation, Terumo Medical Corporation, and Unilife Corporation.
Distribution Channels Covered:
• Analytical Labs
• Pharmaceutical Companies
• Other Distribution Channels
• Molecular Diagnostics
• In-vitro Diagnostics
• Flow Cytometry
• Anesthesia, Critical Care, and Pain Management
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country level segments
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