San Francisco, Nov 28 The
global vaccine
delivery devices market is expected to reach USD 6.21 billion by
2025, according to a new report by Grand View Research, Inc. The market is
primarily driven by growing immunization programs, financial support from
government & nongovernment organizations, increasing vaccination initiatives
& campaigns, and rising prevalence of infectious diseases globally. Growing
research in the field of vaccines and development of new products is also
contributing to the growth of the market.
Adoption
of needle-free approach for administering these products is gaining momentum
due to growing awareness and demand to avoid pain & injuries associated
with the use of a needle stick. Data by the Centers for Disease Control and
Prevention states that an estimated 385,000 sharp injuries including needle
stick injuries occur every year in hospitals in the U.S. Advancing technologies
in administering vaccines and their increasing adoption is propelling market
growth. Rising interest of various key players, national institutions, and
organizations in novel delivery technologies is expected to further contribute
to market growth.
Various
governments and international organizations are increasingly investing in the
development of vaccination programs. For instance, the UK government also
announced funding up to £1 million from its Global Challenges Research Fund
through Medical Research Council to investigate the Zika virus and its
transmission. Organizations such as GAVI Alliance, Bill & Melinda Gates
Foundation, Path, and WHO are actively involved in the field of vaccines. Many
governments are also undertaking several immunization programs on priority.
Browse full research report on Vaccine Delivery Devices Market:
www.grandviewresearch.com/industry-analysis/vaccine-delivery-devices-market
Further key findings from the report suggest:
- The syringes
segment held majority of the revenue share in 2016 due to increasing
vaccination programs, spreading immunization coverage, and technological
advancements
- Jet injectors
is expected to register highest growth during the forecast period owing to
rising concerns regarding needle stick injuries and growing preference for
needle-free technologies
- Intramuscular
vaccination dominated the route of administration segment in 2016 as
majority of vaccines are given through this route owing to its advantages
- North America
dominated the global market owing to increasing awareness levels, high
adoption of technology, and rising prevalence of infectious diseases
- Some of the
key players include Becton Dickinson & Company, Bioject Medical
Technologies, Inc. (Inovio Pharmaceutical Inc.); Gerresheimer AG;
PharmaJet; Corium International, Inc.; and SCHOTT AG
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the vaccine delivery devices market on the basis of
devices, route of administration, and region:
Devices
Outlook (Revenue, USD Million, 2014 - 2025)
- Syringes
- Jet Injectors
- Other Devices
Route
of Administration Outlook (Revenue, USD Million, 2014 - 2025)
- Intradermal
Vaccination
- Intramuscular
vaccination
- Subcutaneous
Vaccination
- Other
Vaccinations
Regional
Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- Latin America
- Brazil
- Mexico
- Middle East
& Africa
- South Africa
Browse press release of this report
by Grand View Research: www.grandviewresearch.com/press-release/global-vaccine-delivery-devices-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
For more information:
www.grandviewresearch.com
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