Global Smart Syringe Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global smart syringe market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023. The global smart syringe market is expected to witness significant growth in the coming years, owing to increasing investment and funding to support COVID-19 vaccination in the North America region. For instance, in June 2021, the World Bank, an international financial institution, approved a US$100 million grant from the International Development Association (IDA), a development finance institution and a US$15 million grant from the Global Financing Facility (GFF), an investing firm, in support of Mozambique’s efforts to expand its current COVID-19 vaccination campaign. The funds were used to manage and distribute COVID-19 vaccines, strengthen the preparedness and capacity of national health systems, and ensure the continuity of essential health services, especially for women, children, and adolescents.
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