Global Vaccine Delivery Devices Market, By Devices (Syringes, Jet Injectors, Micro Needles, Aerosol/Dry Powder Inhalation, Intranasal Delivery Devices, Intradermal Delivery Devices), Route of Administration (Intradermal Vaccination, Intramuscular Vaccination, Subcutaneous Vaccination, Other Vaccinations), Distribution Channel (Online Pharmacies, Retail Pharmacies, Hospital Pharmacies, Vaccination Centers), End-User (Hospitals, Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Vaccine Delivery Devices Market
Vaccine delivery devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 6,852.21 million and grow at a CAGR of 7.22% in the above-mentioned forecast period. Increasing research and investment for the development of vaccines drives the vaccine delivery devices market.
Vaccine is a type of biological product which is employed to enhance the body immunity for a certain disease. A vaccine normally comprises of an agent which bears resemblance with a disease-producing microorganism. It is generally made of de-stabilized or killed forms of the microorganism, one of its surface proteins, or its toxins. These agents help in stimulating the immune system of the body to identify an external article or agent and remember it so that the immune system can more easily recognize the external particle or microorganism and destroy it when encountered later. The new vaccine combinations, formulations, and compositions have significantly advanced in recent times.
Rising concerns of national institutions, organizations, and key companies in novel delivery technologies is the vital factor escalating the market growth, also rising numerous international organizations and governments are increasingly spending on vaccination programs, increase in the adoption of needle free technology, rising rapid advancement of technology in systematic delivery of vaccines such as micro-needles and electroporation, rising use of micro-needles due to the increasing demand for the painless self-administration by the patients are the major factors among others driving the vaccine delivery devices market. Moreover, rising technological advancements and modernization in the production of vaccines, rising research and development activities in the healthcare sector and rising emerging markets will further create new opportunities for vaccine delivery devices market in the forecasted period of 2021-2028.
However, rising cost of the micro-needles especially in the emerging countries is the major factor among others which will obstruct the market growth, and will further challenge the growth of vaccine delivery devices market in the forecast period mentioned above.
This vaccine delivery devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on vaccine delivery devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vaccine Delivery Devices Market Scope and Market Size
Vaccine delivery devices market is segmented on the basis of devices, route of administration, distribution channel and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of devices, the vaccine delivery devices market is segmented into syringes, jet injectors, micro needles, aerosol/dry powder inhalation, intranasal delivery devices and intradermal delivery devices.
- Based on route of administration, the vaccine delivery devices market is segmented into intradermal vaccination, intramuscular vaccination, subcutaneous vaccination, and other vaccinations.
- Based on distribution channel, the vaccine delivery devices market is segmented into online pharmacies, retail pharmacies, hospital pharmacies and vaccination centers.
- The vaccine delivery devices market is also segmented on the basis of role of end-user into hospitals, clinics and others.
Vaccine Delivery Devices Market Country Level Analysis
Vaccine delivery devices market is analysed and market size insights and trends are provided by country, devices, route of administration, distribution channel and end-user as referenced above.
The countries covered in the vaccine delivery devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the vaccine delivery devices market due to rising immunization coverage, increasing investments in R&D for new vaccines, and high prevalence of infectious diseases, sophisticated healthcare infrastructure and high awareness amongst the public as well as healthcare professionals in this region. Asia-Pacific is the expected region in terms of growth in vaccine delivery devices market due to large patient pool, rising target population, high unmet needs, and improving infrastructure in this region.
The country section of the vaccine delivery devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Vaccine delivery devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for vaccine delivery devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the vaccine delivery devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Vaccine Delivery Devices Market Share Analysis
Vaccine delivery devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vaccine delivery devices market.
The major players covered in the vaccine delivery devices market report are BD, INOVIO Pharmaceuticals, PharmaJet, Vaxxas Pty Ltd, Gerresheimer AG, Corium Inc., iHealthNet LLC, Enesi, Micropoint Technologies, 3M, Mystic Pharmaceuticals, Star Syringe Limited, NanoPass, Terumo Europe NV, D'Antonio Consultants International, Inc., West Pharmaceutical Services, Inc., Bespak Europe Ltd., Mylan N.V., Medical International Technologies (MIT Canada) Inc., Antares Pharma, and InjexUK among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.