Vaccine Delivery Devices Development Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
"Vaccine
Delivery Devices Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Vaccine
is a biological product employed to improve the body immunity for a
certain disease. A vaccine normally comprises an agent that bears
resemblance with a disease-producing microorganism. It is often made
of de-stabilized or killed forms of the microorganism, one of its
surface proteins, or its toxins. These agents stimulate 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. New vaccine formulations, combinations, and compositions have
significantly advanced in recent times. Currently, 12 vaccines have
been included in the Expanded Program on Immunization (EPI), in
comparison to the unique four vaccines suggested when the EPI was
initiated in 1974.
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Addition
of novel vaccines to the EPI program not only protects lives but also
raises the complexity and cost of vaccine delivery, mostly in
low-resource settings. A majority of vaccines require storing in the
cold chain and they are delivered by a skilled health care
professional via a syringe injection and conventional needle.
Vaccination programs need inventive methodologies that simplify
vaccine delivery by eliminating the requirement for a cold chain;
reducing the vaccine packet; facilitating the administration; and
decreasing the amount of medical waste. In addition, quantifiable
tools which model the potential health system assistances, on the
basis of these, novelties can define as the potential value
proposition for novel technologies and efficiently supporter for
their growth. Accepting the task of vaccination programs helps to
describe the requirement for novel technologies and notifies the
growth of products with qualities that are more possible to
effectively influence the coverage.
Acceptance of needle-free method for administering
vaccines in human body is gaining momentum due to rising awareness to
avoid injuries and pain associated with the usage of a needle stick.
The Centers for Disease Control & Prevention states that 385,000
severe injuries containing needle-stick injuries occur every year in
hospitals in the U.S. Advanced technologies in the vaccine
administration and their growing acceptance are driving the vaccine
delivery devices market. Increasing concerns of national
institutions, organizations, and key companies in novel delivery
technologies are anticipated to propel the market in the near future.
Various international organizations and governments are increasingly
spending on vaccination programs. For example, the U.K. government
declared funding of up to GBP 1 Mn from its Global Challenges
Research Fund of the Medical Research Council to examine the Zika
virus and its spread. Organizations such as GAVI Alliance, WHO, Path,
and Bill & Melinda Gates Foundation are actively involved in the
field of vaccines. Several governments are also taking different
immunization programs on priority.
The global vaccine delivery devices market can be
segmented based on type of delivery device, route of administration,
end-user, and geography. Based on type of delivery device, the market
has been classified into syringes, jet injectors, and others. Based
on route of administration, the market has been segmented into
intradermal vaccination, intramuscular vaccination, subcutaneous
vaccination, and others. Based on end-user, it has been divided into
hospital pharmacies, retail pharmacies, online pharmacies, and
clinics & vaccination centers.
Based on geography, the global vaccine delivery
devices market has been segmented into five regions viz. North
America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. Major players in the global vaccine delivery devices market
are Pharmajet, Inc., Valeritas, Schott Vaxxas, Gerresheimer AG, AG,
3M, Corium International, Inc., Becton Dickinson & Company, and
BioJect Medical Technologies, Inc. (Inovio Pharmaceuticals, Inc.).
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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