The latest research report on the Vaccine Delivery Devices Market delves into the growth opportunities and development trends that are expected to shape the market up until 2031. This report offers an in-depth analysis of the market’s driving factors and challenges, utilizing both qualitative and quantitative research methodologies. Through this report, businesses can gain valuable insights into the market landscape and make informed decisions about their strategies and potential areas of growth.
Global Vaccine Delivery Devices Market is valued approximately USD 6.03 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.50 % over the forecast period 2022-2028.
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What are Vaccine Delivery Devices and their primary function?
Growing immunisation programmes and their expanding coverage, increased vaccination research, increased government support and investment, development of innovative vaccines, and numerous campaigns and initiatives are some of the important drivers driving market expansion. Biotech and pharmaceutical firms, in collaboration with governments throughout the world, are developing a plan to address supply chain difficulties in vaccine distribution and the development of effective vaccines. The need to find and monitor a COVID-19 vaccine raised the interest in developing an effective and safe viral delivery method, or, ideally, numerous delivery systems. UNICEF, Gavi, and the WHO created the COVID-19 Vaccine Delivery Partnership in January 2022 to address the urgency of translating vaccine doses into protected and vaccinated populations. The alliance aims to provide immediate operational help to 34 countries with vaccination coverage of 10% or less as of January 2022. Overall, the collaboration aims to improve vaccination distribution and supply chain management in 92 countries.
The rising demand for hepatitis A and B therapy, as well as meningitis and influenza, has moved the industry forward. Furthermore, the global spike in demand for COVID-19 immunisation created a substantial market potential. Overall, the COVID-19 pandemic had a favourable influence on the industry, and the introduction of booster vaccine doses is projected to fuel additional development. Increasing research and investment in vaccine development is also one of the market’s main drivers. The Institute of Infection and Immunity of the Canadian Institutes of Health Research promotes and finances research initiatives focused at lowering the burden of infectious illnesses, allergies, and immune-mediated disorders. The institution contributes around USD 1 million per year in hepatitis C research, USD 45.7 million in pandemic influenza research collaborations, and USD 22.5 million in the CIHR HIV/AIDS Research Initiative. However, stringent compliance regulations limits market growth over the projection period of 2022-2028.
The key regions considered for the Global Vaccine Delivery Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. Growing vaccination coverage, increased spending in R&D for novel vaccines, and the high frequency of infectious illnesses are all driving market expansion. Furthermore, advanced healthcare infrastructure and widespread public and professional knowledge have contributed to the market’s considerable share. MEA is predicted to develop at the quickest rate over the projection period because to a big patient pool, rising target population, high unmet demands, and improved regional infrastructure. Illnesses are becoming more common as a result of unhealthy lifestyles and an ageing population that is prone to infectious diseases.
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Major market players included in this report are:
- Becton Dickinson & Company
- Bioject Medical Technologies, Inc. (Inovio Pharmaceutical Inc.)
- PharmaJet
- Vaxxas
- Gerresheimer AG
- SCHOTT AG
- Corium International, Inc.
- 3M Company
- Pfizer
- Merk AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Device:
Syringes
Jet Injectors
Other Devices
By Route of Administration:
Intradermal Vaccination
Intramuscular Vaccination
Subcutaneous Vaccination
Other Vaccinations
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Vaccine Delivery Devices market, including:
- What can be expected for the Vaccine Delivery Devices market in the next decade?
- What are the primary drivers of growth in the global Vaccine Delivery Devices market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Vaccine Delivery Devices market vary based on the size of the end market?
- What is the breakdown of Vaccine Delivery Devices by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Vaccine Delivery Devices market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Vaccine Delivery Devices Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Vaccine Delivery Devices Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Vaccine Delivery Devices Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Vaccine Delivery Devices Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Vaccine Delivery Devices Market.
Our Vaccine Delivery Devices Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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