Nasal Vaccines Market Future Growth and Business Prospects to 2028

Nasal vaccines can be administered through the nasal cavity or nose by using an atomizer or syringe. Bacteria and viruses of various types cause infections of the nasal mucosa. Nasal vaccines may undoubtedly be a more viable vaccine delivery alternative, as vaccine formulations are better absorbed in the mucosal surface. Nasal vaccines protect the infection site and produce mucosal and systemic immune responses. Drug manufacturers are developing nasal vaccines, including live-attenuated pathogens, adjuvants, nanoparticles, mucoadhesives, virus-like particles, DNA vaccines, and lipid-based particulates. Because of the non-invasive nature, ease of administration, and high immunization potential, nasal vaccines are rapidly becoming more viable alternatives to other routes of vaccine administration.

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MARKET SEGMENTATION

- Based on type, the global Nasal vaccines market is segmented into flu vaccines, covid-19 vaccines, others.
- On the basis of dosage form, the market is segmented into adults, children.
- On the basis of end use, the market is segmented into hospitals, clinics, others.

MARKET DYNAMICS
Drivers

- Rise in the incidences of nasal infections .
- Increase in patience compliance.
- Emergence of coronavirus pandemic.
- Growing research and development.

Restraints

- The restricted delivery and limited efficacy are the major restraining factor for this market.

IMPACT OF COVID-19 ON NASAL VACCINES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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Top Players:

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Nasal vaccines market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

Sanofi
AstraZeneca
Abbott
GlaxoSmithKline
Serum Institute of India
Bharat Biotech
Antares Pharma
INJEX Pharma GmbH
BioDiem
PharmaJet

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This release was published on openPR.