Vaccine Administration Devices Market on Track for Impressive Growth of USD 6.80 Billion by 2029
In a recent market intelligence study conducted by Data Bridge Market Research, the Vaccine Administration Devices Market was thoroughly examined. The newly released report showcases a captivating layout, presenting crucial data through visually engaging tables, graphs, charts, and figures. By integrating these well-designed visual elements, the report aims to bolster the accuracy and precision of the information presented, allowing readers to gain a comprehensive understanding of the subject matter.
The Vaccine Administration Devices market research report stands out as an exemplary and comprehensive study, offering valuable market insights derived from numerous factors. Its inclusion of essential data, information, statistics, facts, and figures proves to be highly significant for businesses, as it aids in shaping strategies related to production, marketing, sales, promotion, advertising, and product distribution. By encompassing a thorough analysis of the market structure and providing estimations for various segments and sub-segments within the Vaccine Administration Devices industry, this well-structured Vaccine Administration Devices report becomes an indispensable resource for businesses seeking a comprehensive understanding of the market landscape. Furthermore, the report’s emphasis on using the most up-to-date insights and analysis ensures that businesses can maximize the benefits gained from it. Through a close examination of consumer trends and supply chain dynamics, the Vaccine Administration Devices report facilitates the development of effective production strategies.
Data Bridge Market Research analyses a growth in the global vaccine administration devices market in the forecast period 2022-2029. The expected CAGR of global vaccine administration devices market tends to be around 7.9% in the mentioned forecast period. The market was valued at USD 3.7 billion in 2021, and it would grow upto USD 6.80 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Additionally, the report goes beyond market analysis by offering valuable details about company profiles, product specifications, production values, and contact information for manufacturers, along with market shares. Such in-depth competitor analysis allows businesses to gain valuable insights into the strategies employed by key players in the market. These insights may cover a wide range of activities, including new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions.
In conclusion, the Vaccine Administration Devices market research report proves to be an invaluable asset for businesses seeking to stay informed about the ever-changing market dynamics and making well-informed decisions that drive success and growth.
The needleless delivery system is the most important factor contributing to the growth of the vaccine administration device market. These systems have the potential to reduce the dose of vaccine antigens and improve the immunogenicity of the vaccine. Rapid technological advances such as micro-needling and electroporation are expected to boost the growth of the vaccine administration devices market. The increased use of microneedles is due to the patient’s demand for painless self-administration. Vaccines administered to the dermis via microneedles act faster than intramuscular injections and drive market growth. However, one of market growth’s main drivers is microneedles’ cost, especially in emerging markets.
Drivers:
- Increasing Production Capacity
To accommodate the rising worldwide demand, manufacturers are increasing their production capacity. The demand for packaging materials is predicted to rise as production capacity increases. AstraZeneca, for example, partnered with IDT Biologika to develop a new manufacturing plant in Germany in February 2021. IDT biology is a German contract research organization that also manufactures and fills glass vials. The rate at which the virus evolves into a more infectious strain is expected to increase vaccine demand, pushing market growth. Thus, it is helpful in driving market growth.
- Increased Alliance and immunization programs
Increasing immunization programs, rapid growth in immunization initiatives and campaigns, and rising disease rates worldwide are driving the market. For instance, the GAVI Alliance and the Bill & Melinda Gates Foundation are actively involved in immune campaigns, which should significantly improve vaccine administration devices market.
The report outlines the involvement of key players, including:
- B.D. (U.S.)
- INOVIO Pharmaceuticals (U.S.)
- Vaxxas (U.S.)
- Gerresheimer AG (Germany)
- Corium Inc. (U.S.)
- Enesi (U.S.)
- Micropoint Technologies (Singapore)
- SCHOTT AG (Germany)
- 3M (U.S.)
- Mystic Pharmaceuticals (U.S.)
- NanoPass Rev (US)
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Key Market Segmentation
Product (Syringes, Auto Injectors, Jet Injectors, Micro Needles, Inhalation/Pulmonary Delivery, Microinjection System, Pen Injector Devices, Biodegradable Implants, Electroporation-Based Needle Free Injection Systems, Buccal /Sublingual Vaccine Delivery Systems, Auto-Injector Trainer Devices and Others Devices), Route of Administration (Intramuscular, Subcutaneous, Intradermal), Type (Marketed Vaccines and Clinical-Stage Vaccines (Electroporation)), Brand (BD Accuspray Nasal Spray System, BD Hypak for Vaccines Glass Pre-Fillable Syringe System, BD Uniject Auto-Disable Pre-Fillable Injection System, Gx InnoSafe, Gx RTF ClearJect, Plajex, Others), Dosage (Fixed and Variable), Vaccine Type (Bivalent Oral PolioVaccine, BCG Vaccine, Tetanus-Diphtheria Vaccine, DTP-HEPB-HIB Vaccine, Influenza Vaccine, Pneumococcal Conjugate Vaccine, Measles Vaccine, Others), Modality (Automatic Vaccine Administration Device and Manual Vaccine Administration Device), Usability (Disposable and Reusable), End User (Hospitals, Community Centers, Homecare Setting, Research and Academic Institutes, Ambulatory Surgical Center, Others), Distribution Channel (Direct Tenders, Retail Sales, Others)
The Vaccine Administration Devices market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
- South America: Brazil, Argentina, and other countries in South America.
These regions represent significant economic and industrial hubs with diverse consumer markets, and their inclusion in market research provides valuable insights for businesses seeking to expand or understand global trends. By analyzing the market dynamics in these regions, companies can make informed decisions and develop strategies that cater to different regional demands and preferences.
North America dominates the vaccine administration devices market due to growing immunization coverage and increasing investments in R&D for new vaccines.
Asia-Pacific is expected to grow at a significant growth rate during the forecast period of 2022 to 2029 due to rapidly improving infrastructure in the region.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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