Global Vaccine Delivery Devices Market

Global Vaccine Delivery Devices Market Size, Share, Growth Analysis, By End-user(Hospitals, clinics), By Type(Syringes, jet injectors) - Industry Forecast 2024-2031


Report ID: SQMIG35B2152 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 63 | Figures: 75

Global Vaccine Delivery Devices Market Insights

Global Vaccine Delivery Devices Market size was valued at USD 5.33 billion in 2022 and is poised to grow from USD 5.76 billion in 2023 to USD 10.72 billion by 2031, at a CAGR of 8.07% during the forecast period (2024-2031).

The global vaccine delivery devices market is witnessing significant growth due to increasing vaccination efforts and the need for efficient administration.

Key factors such as expanding immunization programs, advancements in needle technologies, and rising awareness about preventive healthcare drive market expansion.

Maintaining the integrity of vaccines through proper temperature control during storage and transportation, known as the cold chain, remained a significant concern.

Innovations in vaccine delivery devices aimed to ensure that vaccines could be transported and stored under appropriate conditions, especially in regions with limited access to reliable refrigeration infrastructure.

Developments in temperature-stable formulations and packaging solutions helped extend the reach of vaccines to remote areas.

Auto-disable syringes, safety needles, and prefilled syringe systems are gaining traction to ensure safe and accurate vaccine delivery.

Geographically, North America and Europe dominate the market, but Asia-Pacific exhibits promising potential. As demand for vaccines rises, the market is expected to further evolve with a focus on innovative, user-friendly, and cost-effective delivery solutions.

US Vaccine Delivery Devices Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Vaccine Delivery Devices Market size was valued at USD 5.33 billion in 2022 and is poised to grow from USD 5.76 billion in 2023 to USD 10.72 billion by 2031, at a CAGR of 8.07% during the forecast period (2024-2031).

The global vaccine delivery devices market features intense competition among prominent players, including BD (Becton, Dickinson and Company), Gerresheimer AG, West Pharmaceutical Services, Inc., and Schott AG. These industry leaders continually innovate and diversify their product portfolios, offering a wide range of advanced and user-friendly devices such as syringes, auto-injectors, and needle-free injectors. Emphasis on technological advancements, safety, and precision drives this competition, aimed at capturing larger market shares and meeting the growing demand for efficient vaccine administration worldwide. Additionally, collaborations, acquisitions, and strategic partnerships are common strategies employed to enhance global market presence and capitalize on emerging opportunities. 'BD (Becton, Dickinson and Company) - USA', 'Gerresheimer AG - Germany', 'SCHOTT AG - Germany', 'West Pharmaceutical Services, Inc. - USA', 'Terumo Corporation - Japan', 'Vetter Pharma International GmbH - Germany', 'Nipro Corporation - Japan', 'Weigao Group - China', 'Sulzer Ltd. - Switzerland', 'Ypsomed AG - Switzerland', 'Stevanato Group - Italy', 'Catalent, Inc. - USA', 'Ompi (Stevanato Group) - Italy', 'SCHOTT AG - Germany', 'Elcam Medical - Israel', 'AptarGroup, Inc. - USA', 'Datwyler Group - Switzerland', 'Sandoz International GmbH - Switzerland', 'Ciron Drugs & Pharmaceuticals Pvt. Ltd. - India', 'Shandong Weigao Group Medical Polymer Co., Ltd. - China'

The demand for vaccines has been on the rise due to the ongoing efforts to combat infectious diseases, such as COVID-19 and other preventable illnesses. This demand drives the need for efficient and effective vaccine delivery devices to ensure proper immunization.

Innovations in Needle-Free Delivery Systems: The development and adoption of needle-free vaccine delivery systems were gaining momentum. These systems aim to minimize needle-related anxieties and improve patient compliance by delivering vaccines through alternative methods such as jet injectors, microneedle patches, and nasal sprays. These technologies offer the potential to reduce the risk of needle-stick injuries, improve vaccine stability, and enhance the efficiency of vaccination campaigns.

The largest application segment for activated carbon fibers has historically been air purification. With increasing concerns about indoor air quality and pollution, the demand for air purification systems that utilize activated carbon fibers for effective VOC and odor removal has been on the rise.

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Global Vaccine Delivery Devices Market

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