openPR Logo
Press release

Microneedle Flu Vaccine Market to Grow at a High CAGR by 2026 And The Key Companies Are Micron Biomedical, Microdermics Inc., 3M Company, Inc., VaxInnate, and Vetter

03-07-2019 12:28 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Pharmaceutical Industry

Microneedle Flu Vaccine

Microneedle Flu Vaccine

Vaccine is one of the most important biologic product used to prevent from infection of various diseases such as seasonal influenza, hepatitis, polio, diphtheria, Japanese encephalitis, measles, meningococcal disease, tetanus, haemophilus influenza type b, whooping cough among others. Vaccine consists of inactivated or killed form of microorganism or its protein. Vaccine generates anti-body response, which stimulates the immune system against specific diseases. Any future infections due to microorganism can be prevented by vaccinating the patients against that specific disease. Most of the vaccines are delivered through conventional needle and syringes, which has certain challenges such as needle phobia, discomfort in older and pediatric populations, requirement of special storage infrastructure, and need to visit the healthcare facility for its administration.

Ask For Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/2286

Microneedle flu vaccine resolves most of the challenges caused with conventional vaccines. It is of bandage-strip sized patch, which can be easily applied all over the skin. It consists of 100 solid water-soluble needles, which are capable to penetrate skin. Vaccine is encapsulated in the needles and is released as the needle tip dissolves within minutes, once the patch is applied over the skin surface. Skin produces local immune response against pathogens in the vaccine thereby, providing response similar to that of needle-based vaccine. The patch is peeled away and discarded like a used bandage strip.

Microneedle Flu Vaccine Market – Regional Insights.

On the basis of geography, the global microneedle flu vaccine market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America would be dominant region in the global microneedle flu vaccine market during the forecast period. This is owing to the need of large number of influenza vaccines each year and current ongoing research over microneedle flu vaccine in the region. In June 2017, National Institutes of Health-funded study led by a team at the Georgia Institute of Technology and Emory University published a report in the journal Lancet, which shows that an influenza vaccine can produce robust immune responses and be administered safely with an experimental patch of dissolving microneedle. Participants in the study preferred microneedle flu vaccine over other types of vaccines.

There is increased amount of research funding to develop commercially available micro needle flu vaccine, which would pace up the launch of these products. In 2015, the Georgia Institute of Technology and Micron Biomedical were awarded US$ 2.5 million in grants from the Bill & Melinda Gates Foundation to advance the development of dissolvable microneedle patches for polio immunization. This would also widen up the disease profile for which microneedle vaccine could be developed.

Competitive Analysis

Key players in the global microneedle flu vaccine market are Micron Biomedical, Microdermics Inc., 3M Company, Inc., VaxInnate, and Vetter among others.

Talk To Our Analyst @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/2286

Microneedle Flu Vaccine Market - Market Dynamics

Microneedle flu vaccine is still in nascent stage of development however, after its launch it would provide various advantages over conventional needle-based vaccines, which will drive growth of the market.

Microneedle vaccine can be delivered easily at any location without special storage infrastructure, therefore it can be used even at distant location. This vaccine can be self-administered by anybody thereby, eliminating the need of clinic visit and assistance of physician. This serves as an important advantage, especially in the emerging markets, where there is severe shortage of healthcare workers. According to World Health Organization, 2017 factsheet, Africa had an average of 1.30 health workers per 1000 population in 2015, which is way below the 4.5 per 1000 required for achievement of Sustainable Development Goals (SDGs).

Globally, health workforce shortage is estimated to be 14.5 million, out of which Africa has the most severe health workforce (HWF) shortage, estimated to reach 6.1 million by 2030. Microneedle vaccine can address these issues if utilized on global scale. Moreover, it would avoid deaths caused from unavailability of vaccine by improving access to vaccination. For instance, according to United Nations Development Programme, measles vaccines have averted nearly 15.6 million deaths since 2000, globally.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Microneedle Flu Vaccine Market to Grow at a High CAGR by 2026 And The Key Companies Are Micron Biomedical, Microdermics Inc., 3M Company, Inc., VaxInnate, and Vetter here

News-ID: 1639322 • Views: 832

More Releases from Coherent Market Insights - Pharmaceutical Industry

Radiopharmaceuticals in Nuclear Medicine Market Advancements to Watch Out For 20 …
Coherent Market Insights released a new market study on 2018-2026 Radiopharmaceuticals Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. Ask For Sample Copy of Research
Outsourced Drug Discovery Market: Latest Advancements & Market Outlook 2019 to 2 …
Outsourced drug discovery is a contract-based process, which is conducted by the contract research organizations (CRO) and contract manufacturing organization (CMO). Contract research organization provides support to pharmaceutical, biotechnology, and medical device industries for drug discovery and development. CRO facilitates the various services such as biopharmaceutical development, biologic assay development, preclinical research, clinical trials, and pharmacovigilance, for drug discovery and development. Ask For a Sample Copy of This Business Report @
Cannabis Testing Services Market: New Business Opportunities and Investment Rese …
Cannabis market is highly influenced by rigorous legalization efforts, which are aiming for approval of cannabis for medicinal or recreational purpose. Various governments and regulatory authorities are taking efforts to legalize cannabis, owing to its medicinal benefits. Moreover, commercialization of cannabis-based products under the legalized standards require successful cannabis testing, which further results in lucrative growth opportunity for market players. Ask For a Sample Copy of This Business Report @ https://www.coherentmarketinsights.com/insight/request-sample/2976 Market
Global Myelodysplastic Syndrome (MDS) Treatment Market Balenced To Reach Insigni …
Myelodysplastic syndrome (MDS) is a disorder, which affects the bone marrow and produces immature blood cells. Bone marrow failure leads to lowering the levels of healthy blood cells circulation in the bloodstream. According to Seattle Cancer Care Alliance, around 80%-85% of people with MDS have more cells in their bone marrow than healthy people. According to National Organization for Rare Disorders, MDS deteriorates into a form of cancer in around

All 5 Releases


More Releases for Micron

Micron Lasers Market-2020-2024 Boston Scientific, II-VI Infrared, Lumenis, Micro …
Micron Lasers Market report provides in-depth statistics and analysis available on the market status of the Micron Lasers key players and is a valuable method of obtaining guidance and direction for companies and business enterprise insider considering the Micron Lasers market. It contains the analysis of drivers, challenges, and restraints impacting the industry. The research report on Micron Lasers Market provides comprehensive analysis on market status and development trend, including types,
Micron Pulverizer Market: Competitive Dynamics & Global Outlook 2025
Market Research Report Store offers a latest published report on Micron Pulverizer Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Micron Pulverizer players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Micron Pulverizer with respect to individual growth
Mobile NAND Flash Market 2019: Future Trends, Key Players: Intel, Micron Technol …
Mobile NAND Flash Market  NAND flash memory is a type of nonvolatile storage technology that does not require power to retain data. An important goal of NAND flash development has been to reduce the cost per bit and to increase maximum chip capacity so that flash memory can compete with magnetic storage devices, such as hard disks. Scope of the Report: This report focuses on the Mobile NAND Flash in global market, especially
PTFE Powder Market Report 2018: Segmentation by Type (2 Micron, 5 Micron, Others …
Global PTFE Powder market research report provides company profile for Porex, Zeus, Chukoh, Xinxing Fenghua, Tongda, Gore, Donaldson, Sumitomo Electric, Pall, Markel Corporation, PIL, Taconic, Layne and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,
DRAM Market: Samsung Electronics, SK HYNIX, Micron Technology
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global DRAM Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This report studies the global DRAM market status and forecast, categorizes the global DRAM market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. There
Micron Associates Features The Micron FZ-16
Micron offers full systems and slip-ons for a vast array of the high performance sport bike and cruiser motorcycles, Most of their product features not seen on any competitor’s products. Extensive color options and use of standard and "high" mount exhausts for the sport bikes allows for many different looks and styles for customers, making its machine as unique as the individual who rides on it. Micron engineers fabricate not only