The COVID-19 Vaccine Packaging and Delivery Devices Market delves into various aspects, enabling readers to gain a deep understanding of the market dynamics, trends, and potential opportunities.
The global COVID-19 vaccine packaging and delivery devices market size is expected to reach USD 3.70 billion by 2027. Global COVID-19 Vaccine Packaging and Delivery Devices Market Report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
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The emergence of the COVID-19 pandemic has posed a significant challenge to the healthcare infrastructure across the globe owing to the lack of drugs to cure the condition. The mortality rate is much higher when compared to other kinds of viral associated diseases such as flu caused by Influenza. This has led to a sudden market demand for COVID-19 vaccine packaging and delivery devices.
Hence, there is a huge interest in developing vaccines to combat the pandemic. These vaccines need to be packaged and transported properly in a sterile manner and need to be administered properly and this is expected to be the major driving factor for the growth of the global market for COVID-19 vaccine packaging and delivery devices.
There is a huge market demand for the product across the globe. U.S., China, and India are expected to be the biggest market for the COVID-19 vaccine due to their large population and huge investment in vaccine production. Till now, over 1 billion doses of vaccines are administered worldwide with 225.6 million doses in the U.S.; 216.1 million doses in China; and 140 million in India.
In March 2021, the U.S. government said that it will order another 100 million doses of the Johnson & Johnson, and the country has already ordered a total of 700 million doses of vaccine. The increasing demand for serums across the globe will be the main driving force behind the market growth for COVID-19 vaccine packaging and delivery devices.
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In addition, India also has ordered 10 million extra doses of AstraZeneca’s Covaxin, which is produced by Serum Institute of India (SII), and 4.5 million of Covaxin indigenously produced by Bharat Biotech. The country is expected to cover 300 million people by August of this year. However, when compared to the total population, much more doses of vaccines are needed to vaccinate the majority of people across the globe.
There are many new serums in the pipeline and with the emergence of new strains pharmaceutical companies are expected to develop new serums. Since packaging and delivery is an integral part of any product manufacturing, there is a huge growth opportunity over the coming for the COVID-19 vaccine packaging and delivery devices industry.
Companies are collaborating on the production, packaging, and delivery devices for COVID-19 serums across the world. In March 2021, Novavax and the UK Government Vaccines Taskforce entered into an agreement with GSK under which GSK will support the production of around 60 million doses of the Novavax serum candidate. This is expected to have a positive impact on the market growth for COVID-19 vaccine packaging and delivery devices.
Major Players:
Market Participants such as B. Braun Melsungen AG, Terumo, Becton, Dickinson and Company, Hindustan Syringes & Medical Devices Ltd., SCHOTT AG, Cardinal Health, NIPRO Medical Corporation and Gerresheimer AG are some of the key players operating in the global market for COVID-19 vaccine packaging and delivery devices.
COVID-19 Vaccine Packaging and Delivery Devices, Product Outlook
- Vials
- Syringes
COVID-19 Vaccine Packaging and Delivery Devices, Packaging Outlook
- Insulated Shippers
- Insulated Containers
- Refrigerants
COVID-19 Vaccine Packaging and Delivery Devices, Regional Outlook
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Russia
- Netherlands
- Austria
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- Asia Pacific
- China
- Japan
- India
- Indonesia
- Japan
- South Korea
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East and Africa
- Israel
- South Africa
- Saudi Arabia
- UAE
Table of Content
Chapter 1: Global COVID-19 Vaccine Packaging and Delivery Devices Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global COVID-19 Vaccine Packaging and Delivery Devices market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global COVID-19 Vaccine Packaging and Delivery Devices Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global COVID-19 Vaccine Packaging and Delivery Devices market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of COVID-19 Vaccine Packaging and Delivery Devices market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the COVID-19 Vaccine Packaging and Delivery Devices market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the COVID-19 Vaccine Packaging and Delivery Devices market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate COVID-19 Vaccine Packaging and Delivery Devices business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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