Vaccine Delivery Devices Market Focusing on Product Innovation and Advanced Features through 2017-20

Published: Mon Sep 02 2019


Fact.MR has published a new research report on global vaccine delivery devices market Sizes, Upcoming Industry Trends, Growth Opportunity through 2017-2022 to its online database that tries to unveil the various scenarios prevailing in the vaccine delivery devices market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the vaccine delivery devices market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers during the stated forecast by 2028.

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The scope of FactMR’s report is to analyze the global vaccine delivery devices market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global vaccine delivery devices market can benefit from the analysis offered in this report. The global vaccine delivery devices market is expected to witness an impressive growth attributed to increasing prevalence of medical infections and diseases. Consumption of vaccine delivery devices is significant in the healthcare industry due to increasing number of diabetic patients globally. Syringes is expected to witness considerable demand among healthcare manufacturers as compared to other vaccine delivery devices in the global market. Intramuscular route is expected to witness more preference as compared to other routes of administration in the global market by the end of 2022. North America is expected to represent the largest market for vaccine delivery devices in the global market throughout 2022.

A recently published report by FactMR reveals that the global vaccine delivery devices market is expected to register a healthy CAGR, and will represent a value of over US$ 4,000 Mn by the end of 2022.

Apart from injecting anesthesia before beginning with an operation, the vaccine delivery devices extend their application for various treatments in the healthcare industry. Healthcare professionals increasingly use vaccine delivery devices to inject medications in order to prevent prevalence of infections and diseases. According to the centers for disease control and prevention (CDC), vaccination should be given during the period of birth and adulthood in order to maintain lifetime protection from several infections and diseases including influenza, meningitis, and hepatitis A and B.

Manufacturers are integrating developing technologies available in the market in order to offer vaccine delivery devices that are comparatively less painful. A recent news update reveals that a new device has been developed ‘Microneedle Patches’, which is a needle-free injector and can inject a vaccine doze in a fraction of second. Bound to such factors, the global vaccine delivery devices market is expected witness a boost in growth during the predicted period. Syringes is expected to witness the highest revenue growth in the global vaccine delivery devices market. This segment is expected to represent a value of over US$ 900 Mn in the global market by the end of 2017. North America is expected to remain the largest market for vaccine delivery devices globally. Jet devices is expected to witness the second highest revenue growth in 2017. Throughout 2022, syringes is expected to register the highest CAGR growth as compared to other products in the global market, followed by jet devices.

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Intramuscular vaccine route of administration is expected to register the highest CAGR growth in the global vaccine delivery devices market, followed by subcutaneous route of administration. The intramuscular vaccine route of administration is expected to witness the highest revenue growth in the global market. This segment is expected to represent a value of over US$ 1,000 Mn by the end of 2022. Subcutaneous route of administration is expected to represent the second highest revenue growth in the global vaccine delivery devices market during the predicted period. Key market players operating in the global vaccine delivery devices market include Becton Dickinson & Company, PharmaJet, Inc, Valeritas Holdings, Inc, Vaxxas Pty. Ltd, Gerresheimer AG, Schott AG, Antares Pharma, Inc, and 3M Company.

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