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Stock impact report

Smart Syringe Industry Review 2018-2023 and Forecast 2024-2028 & 2033 - Leading Companies Actively Investing in Technological Advancements, such as NFC Technology, to Gain a Competitive Ad...

Sharps Technology Inc. (STSS) 
Company Research Source: Yahoo! Finance
The smart syringe market has grown rapidly in recent years. It will grow from $10.32 billion in 2023 to $11.43 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The expansion observed in the historical period can be attributed to several factors, including the imperative for medication safety, the prevalence of blood-borne diseases, adherence to regulatory requirements, global initiatives for immunization, and a heightened awareness of healthcare practices. North America was the largest region in the global smart syringes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The smart syringe market is expected to see rapid growth in the next few years. It will grow to $17.23 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.The anticipated growth in the forecast period is driven by global vaccination initiatives, the imperative to prevent medication errors, an increase in chronic diseases, the expansion o Show less Read more
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