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2025 Vaccine Delivery Devices Industry Trends Report: Long-Term Outlook Through 2034
Vaccine Delivery Devices Market
How Large Will the Vaccine Delivery Devices Market Size By 2025?
In the past few years, the vaccine delivery devices market has seen significant growth. This market is projected to expand from a value of $6.39 billion in 2024 to an increased value of $7.06 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.5%. This rapid growth during the historic period can be credited to extensive polio vaccination drives, the broader program on immunization (EPI), the increased use of disposable syringes, the abolishment of smallpox, and initiatives like the global alliance for vaccines and immunization (GAVI) and the vaccine alliance.
How Big Is the Vaccine Delivery Devices Market Size Expected to Grow by 2029?
Anticipated to witness a significant surge in the coming years, the market for vaccine delivery devices is forecasted to reach a value of $10.41 billion by 2029, with a compound annual growth rate (CAGR) of 10.2%. This projected growth can be attributed to a multitude of factors such as increased attention to immunization programs, growth in the vaccine development pipelines, the swelling of pediatric and geriatric demographics, an emphasis on cold chain management, and growing consciousness about the significance of preemptive health care practices. Some of the key trends expected in this forecasted period include ongoing technological innovation in vaccine delivery devices, increased focus on needle-free solutions, advancements in the field of personalized medicine, the introduction of new self-administered vaccines, and strategic partnerships.
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Which Key Market Drivers Powering Vaccine Delivery Devices Market Expansion and Growth?
The anticipated rise in infectious diseases is predicted to fuel the expansion of the vaccine delivery devices market. Pathogenic microorganisms such as bacteria, viruses, fungi, or parasites cause these diseases that can be spread through human contact, animals, vectors, or exposure to contaminated substances. Due to increased global travel, swift urbanization, alterations in weather conditions, and population expansion, infectious diseases have become more prevalent. By effectively distributing vaccines to people, vaccine delivery devices are instrumental in thwarting these diseases, boosting immunity, and decreasing transmission. For instance, the World Health Organization (WHO, a United Nations specialized agency based in Switzerland overseeing international public health) reported that in November 2023, approximately 10.6 million cases of tuberculosis (TB) happened worldwide in 2022, impacting 5.8 million men, 3.5 million women, and 1.3 million children. Consequently, the substantial prevalence of infectious diseases is the driving force behind the expansion of the vaccine delivery devices market.
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Which Fast-Growing Trends Are Poised to Disrupt the Vaccine Delivery Devices Market?
In the vaccine delivery devices sector, leading companies are focusing on the creation of innovative products such as prefillable syringes to boost the effectiveness and safety of vaccine distribution. Prefillable syringes are medicinal delivery devices that are engineered to house and dispense a fixed dose of typically liquid medication, commonly used for vaccines. For example, American medical tech firm Becton, Dickinson, and Company (BD) unveiled the BD Effivax Glass Prefillable Syringe in September 2022. This latest generation vaccine delivery tool is expertly designed to adapt to the changing needs of vaccine manufacture. The device enhances trustworthiness and efficacy in delivering vaccines, thanks to state-of-the-art technology and stringent specifications. Moreover, it provides better fill or finish and container dependability, minimizing the likelihood of production halts and optimizing manufacturing capability.
What Are the Emerging Segments in the Vaccine Delivery Devices Market?
The vaccine delivery devices market covered in this report is segmented -
1) By Type Of Device: Needle Free Injection Systems, Oral Delivery Systems, Nasal Delivery Systems, Jet Injectors, Microneedle Patches And Microinjectors
2) By Route Of Administration: Intradermal Vaccination, Intramuscular Vaccination, Subcutaneous Vaccination, Other Vaccinations
3) By End Users: Hospitals, Clinics, Other End Users
Subsegments:
1) By Needle Free Injection Systems: Spring-Based Injectors, Gas-Driven Injectors, Hybrid Injectors
2) By Oral Delivery Systems: Oral Tablets And Capsules, Oral Sprays, Oral Solutions
3) By Nasal Delivery Systems: Nasal Sprays, Nasal Drops, Nasal Powder Systems
4) By Jet Injectors: Pneumatic Jet Injectors, Electromechanical Jet Injectors
5) By Microneedle Patches And Microinjectors: Dissolvable Microneedles, Solid Microneedles, Microinjector Devices
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Who Are the Global Leaders in the Vaccine Delivery Devices Market?
Major companies operating in the vaccine delivery devices market are Pfizer Inc., Johnson & Johnson, Merck & Co. Inc., Sanofi S.A., Novartis International AG, AstraZeneca PLC, 3M Company, GlaxoSmithKline plc, Moderna Inc., Becton Dickinson and Company (BD), Sinovac Biotech Co. Ltd., CSL Limited, INOVIO Pharmaceuticals Inc., Terumo Corporation, SCHOTT AG, Serum Institute of India Pvt. Ltd., Bavarian Nordic A/S, Dynavax Technologies Corporation, CanSino Biologics Inc., Vaxxas Inc., PharmaJet Inc., Enesi Pharma Limited, NanoPass Technologies Ltd., Gerresheimer AG, Panacea Biotec Limited
Which are the Top Profitable Regional Markets for the Vaccine Delivery Devices Industry?
North America was the largest region in the vaccine delivery devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vaccine delivery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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