Vaccine Delivery Devices Market Size, Share, Growth Report 2032

Global Vaccine Delivery Devices Market Size

The global Vaccine Delivery Devices market Size accrued earnings worth approximately 5.12 (USD Billion) in 2019 and is predicted to gain about 8.13 (USD Billion) by 2026, is set to record a CAGR of nearly 7.1% over the period from 2020 to 2026. The report offers an assessment and analysis of the Vaccine Delivery Devices market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

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Global Vaccine Delivery Devices Market Introduction

Vaccines are primary tools utilized for fighting contagious ailments. In spite of the vital significance of vaccines for improving public health, the accurate execution of vaccines has become a necessity and this is only possible through vaccine delivery devices. Apparently, there is a high focus of healthcare service professionals on vaccine delivery equipment for improving antigen stability and immunogenicity. Moreover, vaccine delivery equipment provides myriad benefits over injectable vaccines such as self-administration, stability, cost-reduction, and cold chain elimination. With the rise in COVID-19 cases, the vaccine delivery devices industry is likely to gain momentum over the upcoming years.

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Global Vaccine Delivery Devices Market Growth Drivers

With vaccine delivery devices incorporating a large number of antigens as compared to slowly antigen-releasing booster doses, the vaccine delivery devices industry is anticipated to expand rapidly over the ensuing years. The surge in the immunization programs' rising government aid along with the production of new vaccines will steer the market size over the assessment period. The rapid increase in immunization coverage and financial aid from international authorities will prompt the business landscape over the ensuing years.

Furthermore, large-scale use of needle-free delivery equipment will produce lucrative growth avenues for the vaccine delivery devices market over the forecast period. Apart from this, swift breakthroughs in vaccine delivery systems like microneedles for subcutaneous injection as well as electroporation will mark a new era in the growth of the vaccine delivery devices industry over the forecasting years. However, the high costs of vaccine delivery devices can pose a threat to the growth of the vaccine delivery devices industry in the years ahead.

Global Vaccine Delivery Devices Market Report Scope:

Global Vaccine Delivery Devices Market Regional Landscape

North America To Dominate Global Market Landscape Over 2020-2026

The expansion of the vaccine delivery devices industry in the North American sub-continent over the assessment period is attributed to bulging immunization coverage along with rising funding for research activities for producing new kinds of vaccines. Apart from this, the presence of robust healthcare infrastructure in the sub-continent will create new horizons of growth for the vaccine delivery devices industry over the estimated timespan. Huge awareness about the products among the regional population and healthcare service providers will pave a way for the emergence of the business landscape in the region in the coming decade. U.S. and Canada are projected to be major regional revenue pockets in the upcoming years.

Key Market Players & Competitive Landscape

Key participants profiled in the report include 

• SCHOTT AG
• Becton Dickinson & Company
• PharmaJet
• Bioject Medical Technologies, Inc. (Inovio Pharmaceutical Inc.)
• Corium International, Inc.
• Vaxxas
• Gerresheimer AG
• 3M

The global Vaccine Delivery Devices Market is segmented as follows:

 By Devices  

• Syringes
• Jet Injectors
• Other Devices

By Route of Administration

•  Intradermal Vaccination
•  Intramuscular Vaccination
•  Subcutaneous Vaccination

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa