Global Vaccine Delivery Devices Market

Vaccine Delivery Devices Market Size, Share, Growth Analysis, By End-user(Hospitals, clinics, and home care settings), By Type(Syringes, jet injectors, and patch injectors), By Region - Industry Forecast 2024-2031


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

Vaccine Delivery Devices Market News

  • In November 2023, medical technology company BD formed a strategic, public-private partnership with the US federal government to develop new manufacturing lines for the production of hundreds of millions of injection devices. The partnership with the Biomedical Advanced Research and Development Authority (BARDA), part of the U.S. Health and Human Services Office of the Assistant Secretary for Preparedness and Response, will provide the US government with priority access to syringes and needles to support current and future pandemic vaccination efforts, according to a news release on the BD website.

     

  • In September 2023, Satio announced that the US National Institutes for Health Agency awarded it a $3.5 million Small Business Innovation Research (SBIR) contract to develop at-home transdermal drug delivery device.

     

  • In June 2023, PharmaJet announced that its Tropis system is now the exclusive intradermal delivery system for two novel COVID-19 vaccines.

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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 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 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

Report ID: SQMIG35B2152

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