Global Vaccine Delivery Devices Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Development of Needle-free Delivery Systems and Introduction of Smart Syringes Enhance the Vaccine Delivery Devices Market

• The global market for vaccine delivery devices encompasses a wide range of devices and equipment used for administering vaccines to patients, including traditional syringes and needles as well as innovative systems like jet injectors, microneedle patches, and inhalation devices. The market is driven by the increasing demand for self-administered vaccine delivery devices, which offer advantages such as reducing reliance on healthcare professionals, minimizing contamination risks, and enhancing patient convenience.
• However, the high cost of vaccine delivery devices poses a challenge to the market. Devices such as syringes, needles, and injectors can significantly contribute to the overall cost of vaccination programs, making it difficult for low- and middle-income countries to afford large quantities of these devices. Nonetheless, there are opportunities for the market due to advancements in vaccine delivery technologies. The development of new and innovative vaccine delivery devices has the potential to improve the safety, efficacy, and accessibility of vaccines, leading to increased demand. For instance, needle-free injection technologies like jet injectors and micro-needle patches can reduce the risk of needle-stick injuries and enhance vaccine delivery efficiency, while also improving patient comfort and acceptance, particularly for those with needle phobia.
• However, the proper handling and disposal of used vaccine delivery devices present significant challenges for the global market. Many of these devices, such as needles and syringes, are single-use and require appropriate disposal to prevent the spread of infectious diseases and environmental contamination.

Market Segmentations

• The Global Vaccine Delivery Devices Market is segmented based on Type, End-User, and Geography.
• By Delivery Mode, the market for vaccine delivery devices is categorized into different modes of delivery, including Intradermal, Subcutaneous, Intramuscular, and Others. The selection of the appropriate vaccine delivery mode and the corresponding device can be influenced by various factors, such as the type of vaccine, the patient population, and the preferences of healthcare providers. However, historically, Intramuscular and Subcutaneous delivery modes have been the most utilized for vaccines and have held the largest market share in the vaccine delivery devices market.
• By Devices, the market for vaccine delivery devices is categorized into Syringe and Needle-Free Injection Systems. Historically, syringes have dominated the vaccine delivery devices market with the largest share. However, in recent years, needle-free injection systems have gained popularity, especially for specific vaccines and patient populations. For instance, needle-free injection systems have been used for delivering influenza vaccines and may be preferred by individuals who are needle-phobic or have a fear of injections.
• By End-Users, the market for vaccine delivery devices is segmented into Hospitals, Clinics, and Others. Hospitals typically represent the largest end-users of vaccine delivery devices, as they tend to have a higher volume of patients and provide diverse immunization services. However, clinics also play a crucial role as end-users, particularly in primary care and preventive services. The choice of end-user can vary depending on factors such as the patient population, type of vaccine, and availability of healthcare facilities.
• By Geography, the market for vaccine delivery devices is categorized into regions including the Americas, Europe, Middle East & Africa, and Asia-Pacific. Currently, North America holds the largest market share, which can be attributed to its well-developed healthcare infrastructure and high level of awareness among people regarding vaccines. On the other hand, the Asia-Pacific region is expected to exhibit the highest growth rate in the market. This can be attributed to factors such as a large patient population, high unmet vaccine needs, and improved healthcare infrastructure in the region. The Asia-Pacific region presents significant opportunities for the vaccine delivery devices market due to the increasing focus on healthcare and rising demand for vaccines in the region.

Recent Development

• Pharma Jet has recently been granted emergency use authorization by the US FDA for its needle-free injection technology, which can be used to administer the COVID-19 vaccine. This innovative technology employs a high-pressure jet of liquid to deliver the vaccine directly into the muscle, eliminating the need for a needle. - February 2021
• Johnson & Johnson has unveiled a novel vaccine delivery device named the AdVac® system. This cutting-edge device is designed to administer a precise dose of the vaccine directly into the bloodstream, potentially enhancing vaccine efficacy and reducing the requirement for booster shots. - March 2021

Company Profiles

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxemburg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle East and Africa (Egypt, Israel, Qatar, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, and the Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Vaccine Delivery Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global Vaccine Delivery Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Vaccine Delivery Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
• Excel data sheet for the market size will also be provided with the report.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
• The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
• The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.

Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment
• Market segmentation
• Competitive Analysis: Comparative analysis of competitor
• Historical, current, and projected size of the market based on value and volume
• Market size of the US states
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market