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