#Vaccines Delivery Devices Market Outlook

[health-views-updates]

2024 Outlook for the Healthcare Market: Trends and Insights

The global healthcare market is projected to experience significant growth over the coming years, with market size estimated to expand from USD 21,222.5 billion in 2023 to an impressive USD 44,760.73 billion by 2032. This growth, driven by a compound annual growth rate (CAGR) of 9.07% from 2024 to 2032, reflects the increasing demand for healthcare services, innovations in medical technology, and the rising global healthcare expenditure.

The healthcare market encompasses a wide range of services, products, and technologies aimed at promoting health, managing diseases, and improving the quality of life. It includes segments such as pharmaceuticals, medical devices, healthcare IT, hospitals, and health insurance, all of which are vital for addressing global health challenges and ensuring the well-being of populations.

Key Growth Drivers

Aging Population and Chronic Disease Prevalence: One of the primary drivers of the healthcare market's growth is the increasing global population, particularly the aging demographic. The elderly population requires more frequent and advanced medical care due to the prevalence of chronic conditions such as cardiovascular diseases, diabetes, and cancer. This rise in healthcare needs is pushing governments and healthcare providers to expand their services, invest in new technologies, and focus on preventive care, fueling market expansion.

Technological Advancements in Healthcare: The healthcare industry is undergoing a digital transformation, with emerging technologies such as artificial intelligence (AI), machine learning, telemedicine, wearable devices, and big data analytics reshaping healthcare delivery. These innovations are enhancing diagnostic accuracy, improving patient outcomes, and streamlining healthcare operations. The adoption of digital health technologies is expected to accelerate during the forecast period, contributing to the overall growth of the market.Telemedicine, in particular, gained significant traction during the COVID-19 pandemic, providing a convenient and efficient solution for remote patient care. This trend is expected to continue as telehealth services offer access to medical care in underserved areas, reduce costs, and improve patient engagement.

Rising Healthcare Expenditure and Government Initiatives: Governments and private organizations are increasing their healthcare spending to improve infrastructure, research, and patient care services. In developed countries, healthcare expenditure accounts for a large share of GDP, while developing countries are also boosting investment in healthcare systems to meet the growing demand for quality care. Additionally, government initiatives aimed at providing universal healthcare coverage, particularly in regions such as Asia-Pacific and Latin America, are expected to contribute to market growth.

Pharmaceutical and Biotechnology Innovation: The pharmaceutical and biotechnology sectors play a crucial role in driving the healthcare market, particularly with the development of novel therapies, vaccines, and treatments. The rise of personalized medicine and gene-based therapies is offering new avenues for treating diseases with greater precision and efficacy. Furthermore, the ongoing efforts in drug discovery and the introduction of innovative biologics and biosimilars are expected to boost the market.

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Challenges Facing the Market

While the global healthcare market is poised for strong growth, it faces several challenges. High healthcare costs, particularly in developed countries, pose affordability issues for patients and healthcare systems alike. In addition, disparities in access to healthcare services in low-income and rural regions continue to limit the overall reach of healthcare advancements. Additionally, managing the growing volume of healthcare data while ensuring patient privacy and regulatory compliance remains a complex task for healthcare providers.

Regional Insights

The healthcare market is expected to witness significant growth across all major regions, with North America currently holding the largest market share. The region's robust healthcare infrastructure, high levels of healthcare spending, and early adoption of advanced medical technologies position it as a key player in the market.

However, the Asia-Pacific region is anticipated to experience the highest growth rate over the forecast period, driven by increasing population, rising healthcare investments, and government initiatives to expand healthcare access. Countries such as China and India are leading the charge in healthcare innovation and infrastructure development, creating a lucrative market for healthcare products and services.

Future Outlook

The future of the global healthcare market is bright, with strong growth prospects driven by rising healthcare needs, technological advancements, and government policies aimed at improving healthcare access and quality. The market's projected growth at a CAGR of 9.07% from 2024 to 2032 highlights the increasing demand for healthcare solutions that are accessible, efficient, and technologically advanced.

In conclusion, the healthcare market is expected to witness robust expansion over the next decade, with market size increasing from USD 21,222.5 billion in 2023 to an anticipated USD 44,760.73 billion by 2032. This growth reflects the evolving nature of healthcare services, the integration of cutting-edge technologies, and the ongoing efforts to meet the healthcare needs of a rapidly growing global population

[skyquesttinsights]

Smart Syringes Market - Innovative Trends and Future Outlook

In the evolving world of healthcare, smart syringes are making a significant impact, heralding a new era of safer, more efficient medication administration. The smart syringes market is witnessing rapid growth as healthcare systems globally adopt these advanced devices. According to recent market research, this growth is driven by several compelling factors that promise to shape the future of medical injections.

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Understanding Smart Syringes

Smart syringes are advanced medical devices designed to enhance the safety and efficiency of injections. Unlike traditional syringes, smart syringes come equipped with integrated technology that offers several benefits:

- Needle Safety: Many smart syringes feature automatic needle retraction, which reduces the risk of needlestick injuries and prevents needle reuse. This is a crucial safety feature in preventing the transmission of infections.

  - Dose Accuracy: These syringes are engineered to provide precise dosing, minimizing human error and ensuring accurate medication delivery. This precision is especially important for patients requiring regular or high-dose treatments.

  - Injection Monitoring: Some smart syringes are equipped with tracking capabilities that record injection data. This information can be valuable for healthcare providers to monitor patient adherence and treatment efficacy.

Market Dynamics

The smart syringes market is experiencing robust growth, driven by several key factors:

1. Increased Emphasis on Patient Safety: The healthcare industry’s focus on minimizing the risk of needlestick injuries and cross-contamination has led to greater adoption of smart syringes. These devices enhance safety protocols and address significant health concerns.

2. Technological Advancements: Advances in technology are making smart syringes more sophisticated. Innovations such as integrated sensors, connectivity features, and improved materials are expanding the functionality and appeal of these devices.

3. Rising Prevalence of Chronic Diseases: The growing incidence of chronic conditions, including diabetes and cancer, has heightened the demand for smart syringes. These devices are well-suited for managing chronic treatments that require frequent and precise injections.

4. Regulatory Support and Funding: Governments and regulatory bodies are increasingly supporting the development and adoption of advanced medical technologies. This support, along with funding and incentives, is accelerating market growth.

Smart Syringes Market Top Player's Company Profiles - Becton, Dickinson and Company, Gerresheimer AG, Cardinal Health, Inc., Terumo Corporation, Retractable Technologies, Inc., Unilife Corporation, AdvaCare Pharma, Parker Hannifin Corporation, Sol-Millennium Medical Group Co. Ltd., Smiths Group plc, GPC Medical Ltd., Sterimed Group, Nipro Corporation, Braun Melsungen AG, UltiMed, Inc., West Pharmaceutical Services, Inc., Gerresheimer AG, OMNICELL, Inc., QIAGEN N.V., Integran Technologies, Inc.

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Market Segments covered -

Product - Auto-disable syringes, Active safety syringes, Passive safety syringes

Application - Drug delivery, Vaccination, Blood specimen collection

Age Group - Pediatrics and Adults

End User - Hospitals and HMOs, Diabetic Patients, Family Practices, Psychiatrics, and Others

Regions covered - North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)

Challenges and Opportunities

Despite the positive outlook, the smart syringes market faces several challenges:

- Cost Issues: Smart syringes generally come with a higher price tag compared to traditional syringes. This can be a barrier in resource-constrained settings. However, the long-term benefits, such as reduced healthcare costs associated with injuries and errors, can justify the investment.

- Integration Challenges: Incorporating smart syringes into existing healthcare systems and electronic medical records can be complex. Ensuring interoperability and ease of use is crucial for widespread adoption.

Future Outlook

The future of the smart syringes market looks promising, with continued growth anticipated. The integration of cutting-edge technologies, such as artificial intelligence and machine learning, is expected to further enhance the capabilities of smart syringes. These advancements will likely lead to even greater improvements in patient safety, dosing accuracy, and overall efficiency.

Moreover, as healthcare systems increasingly prioritize patient-centered care, the demand for smart syringes is expected to rise. The ongoing innovations and increasing awareness about the benefits of these devices will contribute to their growing adoption across various healthcare settings. In conclusion, smart syringes are poised to transform the landscape of medical injections. By addressing key safety concerns and leveraging technological advancements, they represent a significant step forward in enhancing patient care and optimizing healthcare delivery. As the market continues to evolve, smart syringes will play a crucial role in shaping the future of medical technology.

[industrynewsupdates]

Active Pharmaceutical Ingredients Market: Key Companies and Emerging Trends 2024-2030

The global active pharmaceutical ingredients market size was estimated at USD 237.47 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.75% from 2024 to 2030. 

Advancements in Active Pharmaceutical Ingredient (API) manufacturing, growth of the biopharmaceutical sector, and an increase in geriatric population are among the key drivers of API market. An increase in prevalence of chronic diseases, such as cardiovascular diseases and cancer, is anticipated to boost market growth.

Global geriatric population is increasing. According to UN, in 2022, people aged 65 and above accounted for 771 million of the population, and the number is anticipated to reach 994 million by 2030 to 1.6 billion by 2050. The number of elderly people is showing fastest growth in Africa, with a threefold increase estimated in people aged 60 and above, followed by Latin America, reaching 18.8 billion by 2050. Aging is considered the greatest risk factor for development of diseases, including cardiovascular and neurological diseases. Thus, rapidly growing global geriatric population is resulting to be a high-impact-rendering driver for API market.

Gather more insights about the market drivers, restrains and growth of the Active Pharmaceutical Ingredients Market

Increasing prevalence of infectious diseases and hospital-acquired infections is driving market growth. In addition, growing incidence of cardiovascular, genetic, and neurologic disorders is anticipated to act as a high-impact-rendering driver for market growth. Cardiovascular Diseases (CVDs) are the most prevalent causes of death globally. According to WHO, cardiovascular diseases cause death of 17.9 million people per day and are expected to cause approximately 25 million deaths by 2030. Increasing epidemiology of lifestyle, aided with rising number of smokers globally, growing incidence of obesity, and increasing dietary irregularities, are factors likely responsible to propel market growth. A recent report by the United Nations (UN) in May 2023 suggests that there has been a 75% increase in the number of girls and 61% in the number of boys with obesity in Europe.

Outsourcing of APIs has become profitable over in-house production. However, this trend took a different turn during the COVID-19 pandemic. Companies are looking to diversify their API suppliers and manufacturers to different locations instead of outsourcing it to just one manufacturer. In addition, risk mitigation is done using dual sourcing to ensure a continuous supply. Hence, key companies aim to capitalize on this ongoing outsourcing trend with new acquisitions. For instance, in August 2023, EUROAPI announced its deal to acquire BianoGMP to enhance its CDMO expertise in oligonucleotide manufacturing, which is a high-growth industry. This further demonstrates the company’s plans for vertical integration.

Browse through Grand View Research's Pharmaceuticals Industry Research Reports.

• The global antipsychotic drugs market size was valued at USD 16.88 billion in 2023 and is projected to grow at a CAGR of 6.1% from 2024 to 2030. 

• The global drug and gene delivery devices market size was valued at USD 670.0 million in 2023 and is projected to grow at a CAGR of 9.0% from 2024 to 2030.

Active Pharmaceutical Ingredients Market Report Segmentation

Grand View Research has segmented the global active pharmaceutical ingredients market report based on type of synthesis, type of manufacturer, type, application, type of drug, and region:

Type of Synthesis Outlook (Revenue, USD Billion, 2018 - 2030)

• Biotech

o Biotech APIs Market, By Type (Revenue, USD Billion, 2018 - 2030)

o Generic APIs

o Innovative APIs

o Biotech APIs Market, By Product (Revenue, USD Billion, 2018 - 2030)

o Monoclonal Antibodies

o Hormones

o Cytokines

o Recombinant Proteins

o Therapeutic Enzymes

o Vaccines

o Blood Factors

• Synthetic

o Synthetic APIs Market, By Type (Revenue, USD Billion, 2018 - 2030)

o Generic APIs

o Innovative APIs

Type of Manufacturer Outlook (Revenue, USD Billion, 2018 - 2030)

• Captive APIs

• Merchant APIs

Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Generic APIs

• Innovative APIs

Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Cardiovascular Diseases

• Oncology

• CNS and Neurology

• Orthopedic

• Endocrinology

• Pulmonology

• Gastroenterology

• Nephrology

• Ophthalmology

• Others

Key Companies & Market Share Insights

Some of the leading players operating in the active pharmaceutical ingredients market include AbbVie, Inc., Novartis AG, Regeneron Pharmaceuticals, Inc., and Eli Lilly and Company. Key players are using existing customer bases in the region to prioritize maintaining high-quality standards and gain high market size access. This marketing strategy is useful for brands that have already built trust in the market. These players are heavily investing in advanced technology and infrastructure, allowing them to efficiently process & analyze a large volume of samples. Moreover, companies undertake various strategic initiatives with other companies and distributors to strengthen their market presence.

Evonik, CARBOGEN AMCIS, and Pharmazell, are some of the emerging market participants in the ophthalmic drugs market. These companies focus on achieving funding support from government bodies and healthcare organizations aided with novel product launches to capitalize on untapped avenues. 

Key Active Pharmaceutical Ingredients Companies:

• Dr. Reddy’s Laboratories Ltd.

• Sun Pharmaceutical Industries Ltd.

• Teva Pharmaceutical Industries Ltd.

• Cipla Inc.

• AbbVie Inc.

• Aurobindo Pharma

• Sandoz International GmbH (Novartis AG)

• Viatris Inc.

• Fresenius Kabi AG

• STADA Arzneimittel AG

Recent Developments

• In August 2023, EUROAPI announced its deal to acquire BianoGMP to enhance its CDMO expertise in oligonucleotide manufacturing, which is a high-growth industry.

• In July 2023, Teva Pharmaceutical Industries Ltd. designed a new strategy for development with potential sale of its API unit on the table. The API manufacturing facility is worth USD 2 billion.

• In June 2023, Lonza acquired Synaffix to improve its ADC services portfolio.

• In April 2023, Eli Lilly announced an investment of USD 1.6 billion in the U.S.-based LEAP Innovation Park. This brings the total investment to USD 3.7 billion to manufacture complex APIs for products such as genetic medicine.

• In February 2023, Lonza completed the manufacturing of its facility in Switzerland. The company enhanced its capacity for its High Potent Active Pharmaceutical Ingredient (HPAPI) manufacturing facility.

• In January 2023, Sterling Pharma Solutions acquired an API manufacturing facility from Novartis in Ringaskiddy, Ireland.

Order a free sample PDF of the Active Pharmaceutical Ingredients Market Intelligence Study, published by Grand View Research. 

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The global demand for hypodermic needles was valued at USD 2354.20 million in 2023 and is expected to reach USD 4079.84 million in 2032, growing at a CAGR of 6.30% between 2024 and 2032.The hypodermic needles market is a crucial segment of the global medical devices industry, playing a pivotal role in healthcare delivery by enabling efficient administration of medications, vaccines, and collection of blood samples. Over the years, the market for hypodermic needles has seen significant growth, driven by factors such as rising prevalence of chronic diseases, increasing demand for vaccinations, advancements in needle technology, and expanding healthcare infrastructure. This article delves into the current state of the hypodermic needles market, examining key trends, growth drivers, and the future outlook.

Browse the full report at https://www.credenceresearch.com/report/hypodermic-needles-market

Market Overview

Hypodermic needles are thin, hollow tubes used in conjunction with syringes to inject substances into the body or extract fluids. They are widely utilized in various medical procedures, including intravenous (IV) administration, intramuscular (IM) injections, and subcutaneous injections. The market is segmented based on type (safety and non-safety), application (drug delivery, vaccination, blood collection, others), and end-users (hospitals, clinics, home healthcare, and others).

Key Trends and Developments

1. Rising Demand for Safety Needles: One of the prominent trends in the hypodermic needles market is the increasing adoption of safety needles. These needles are designed to reduce the risk of needlestick injuries, which pose a significant health hazard to healthcare workers. Regulatory bodies, such as the Occupational Safety and Health Administration (OSHA) in the United States, mandate the use of safety-engineered needles, further propelling their demand.

2. Technological Advancements: Continuous advancements in needle technology have led to the development of ultra-thin needles, which cause less pain and discomfort to patients. Innovations such as retractable needles, which withdraw into the syringe barrel after use, enhance safety and compliance with waste management regulations.

3. Growth in Home Healthcare: The shift towards home-based healthcare is another significant trend influencing the hypodermic needles market. The convenience of home-based treatment for chronic conditions like diabetes has led to increased demand for user-friendly and safe hypodermic needles.

4. Increasing Vaccination Programs: The global emphasis on vaccination, especially in the wake of the COVID-19 pandemic, has resulted in a surge in demand for hypodermic needles. Mass vaccination campaigns and immunization drives necessitate the large-scale procurement of needles, bolstering market growth.

Growth Drivers

1. Prevalence of Chronic Diseases: The rising incidence of chronic diseases, such as diabetes, cancer, and cardiovascular conditions, requires frequent administration of drugs and monitoring of health parameters. Hypodermic needles are indispensable in managing these diseases, driving their demand.

2. Aging Population: An aging global population is more susceptible to chronic illnesses and requires regular medical interventions. The elderly demographic's increasing need for healthcare services, including injections and blood tests, fuels the growth of the hypodermic needles market.

3. Expansion of Healthcare Infrastructure: Emerging economies are investing heavily in healthcare infrastructure to improve access to medical services. This expansion includes establishing new hospitals and clinics, which in turn increases the demand for medical supplies, including hypodermic needles.

4. Government Initiatives and Regulations: Government initiatives promoting vaccination and immunization programs, coupled with stringent regulations ensuring the safety of healthcare workers, are significant drivers of the hypodermic needles market. Subsidies and funding for healthcare facilities also support market growth.

Future Outlook

The hypodermic needles market is poised for continued growth in the coming years, driven by technological innovations, rising healthcare expenditure, and the increasing prevalence of chronic diseases. The adoption of safety needles is expected to become more widespread, with manufacturers focusing on developing cost-effective solutions to meet regulatory requirements and address safety concerns.

Moreover, the integration of smart technologies, such as needle tracking systems and digital monitoring, could revolutionize the market, enhancing patient safety and healthcare efficiency. The growing trend of self-administration of medications at home will further drive the demand for easy-to-use hypodermic needles.

Key Players

Cardinal Health Inc.

McKesson Corporation

B. Braun Melsungen AG

Becton, Dickinson and Company

Terumo Medical Corporation

Retractable Technologies, Inc.

Exelint International Co.

Connecticut Hypodermics Inc.

Hitech Syringes

Nipro Corporation

Segmentation

By Type of Needles

Standard Hypodermic Needles

Safety Hypodermic Needles

Pen Needles

IV Cannula Needles

Blood Collection Needles

By Material

Stainless Steel Needles

Plastic Needles

By Application

Therapeutic Injections

Diagnostic Procedures

Blood Collection

By End User

Hospitals and Clinics

Diagnostic Laboratories

Home Healthcare Settings

By Region

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

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SAW Filters Market: Global Demand Analysis & Opportunity Outlook 2036

Research Nester’s recent market research analysis on “SAW Filters Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global SAW Filters market in terms of market segmentation by type, enterprise size, frequency range, industry vertical, and by region.

Growing Adoption of Wireless Systems to Promote Global Market Share of SAW Filters

The introduction of wireless mobile phone systems has led to a spectacular expansion and development in the wireless business in recent years. Potential expansion prospects for the surface acoustic wave (SAW) filters market have been offered by ongoing subscriber growth and new wireless technology application areas. Additionally, new development opportunities for the SAW filters market as well as a persistent rise in the demand for dependable and power-efficient semiconductor devices have contributed to the rising adoption of wireless systems. As per a report, it was predicted that global semiconductor sales would reach 515.1 billion dollars in 2023. Prominent producers of semiconductor chips are Intel and Samsung Electronics. In 2022, Intel generated semiconductor revenue of 58.4 billion dollars, while Samsung generated 65.6 billion dollars. Furthermore, semiconductor manufacturers are concentrating on producing affordable, secure, and high-performing SAW filters as mobile phones and wireless connectivity have grown to be mainstream consumer products.

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Some of the major growth factors and challenges that are associated with the growth of the global SAW Filters market are:

Growth Drivers:

Surge in Vaccination Drive for COVID-19 Globally

Rising Need for Digital Drug Delivery

Challenges:

The rising concern for risks associated with data security with drug delivery systems, and the stringent regulations developed by the government of nations worldwide are some of the major factors anticipated to hamper the global market size of SAW filters market.

By type, the global SAW Filters market is segmented into RF SAW Filters, IF SAW Filters. Over the anticipated period, the RF SAW filters segment is estimated to have the greatest share of the SAW filters market, with 54%. Since RF SAW is the most sophisticated kind of filter aid that assists in supplying a seamless latency signal for every SATCOM gadget, this section arises. Additionally, low-cost, low-consumption acoustic wave filters based on piezoelectric materials, such as RF Power Fluor silicon, are opening up new possibilities for SATCOM electronic communication. Furthermore, new advancements in bulk acoustic wave BAW products are probably going to be the main driver of this segment's revenue growth over the course of the projection year.

By the end of 2036, the North American SAW filter market is expected to command the share of 33%. The growth can be attributed to the aerospace and defence industries' quick adoption of SAW filtering, amplification, and processing equipment for jamming systems and sensor intelligence receivers. To further enhance performance, North America is among the first places in the world to receive 5G technology, and this region needs advanced SAW filters. SAW filters are predicted to become more and more necessary as more 5G networks are installed in the region. One of the main forces behind the SAW filter market in the North America is the Internet of Things (IoT). Due to the increasing number of homes, businesses, and industries implementing Internet of Things devices, there will likely be a major increase in demand for RF filters in this region in the upcoming year.

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[meghanester]

Ocular Drug Delivery Devices Market Growth with a CAGR of ~7% During 2023-2035 and Attain ~USD 30 Billion

Research Nester’s recent market research analysis on “Ocular Drug Delivery Devices Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global ocular drug delivery devices market in terms of market segmentation by type, drug form, disease type, end-user, and by region.

Growing Concern for the Prevalence of Ocular Diseases to Drive Growth of Global Ocular Drug Delivery Devices Market

The global ocular drug delivery devices market is estimated to grow majorly on account of the increasing number of ocular diseases across the world. The ocular drug delivery system is always a challenge as the bioavailability of these drugs is very less. Many drug delivery systems are being developed to improve the efficiency and risk of diseases. Ocular diseases are caused by impairment of the eyes from occupational work, genetic disorders, immune suppression such as diabetes, and increasing screen time. The lack of awareness of eye diseases and infections is also estimated to drive market growth. The drug delivery systems of the eye include implants, inserts, injections, lenses, and plugs. The dosage forms of these drugs include ointments, solutions, suspensions, drops, microspheres, and nanoparticles. The reimbursement policies and aging are also the regions for the growth of the market in the coming years. As per the estimations for 2022, globally more than 2 billion people are living with near or far vision loss.

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Some of the major growth factors and challenges that are associated with the growth of the global ocular drug delivery devices market are:

Growth Drivers:

Surge in Government Expenditure on Healthcare

Growing Geriatric People Suffering from Eye Disorders

Challenges:

The rising concern for poor bioavailability of drugs and discomfort caused by administration are some of the major factors anticipated to hamper the growth of the global ocular drug delivery devices market. The bioavailability of the eye medications is reduced owing to the lacrimation, tear dilution, transient residence, nonproductive, and conjunctival absorption.

By disease type, the global ocular drug delivery devices market is segmented into glaucoma, diabetic macular edema, diabetic retinopathy, macular degeneration, cataract, refractive issues, and others. The cataract segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. A rise in the number of people living with diabetes and a growing number of people with age above 50 years is projected to drive the market growth. Also, the increasing number of people suffering from cataracts is growing along with the lack of awareness of treatment procedures is also boosting the market growth. The market growth is attributed to the poor medical facilities provided in underdeveloped countries and the rising presence of disorders such as diabetes, eye trauma, hypertension, and eczema which increase the risk of eye disorders. Globally, over 5 million people aged 50 and over are living with blindness as per the reports of 2020.

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By region, the Middle East & Africa ocular drug delivery devices market is to generate the highest revenue by the end of 2035. This growth is anticipated by a higher number of people waiting for COVID-9 vaccination and more patients that have different types of chronic diseases. The rising chronic diseases such as immune suppression disorders are estimated to increase the risk of eye disorders which in turn hikes the market growth in the coming years. Vision impairment in many adults and the increasing geriatric population are estimated to propel the market growth. The increasing pharmaceutical industry, rising presence of prominent key players, and growing mergers and acquisitions in the region are also driving the growth of the market during the forecast period as per the market analysis. The chances of distance vision impairment in low-income regions were estimated to be four times more compared to the highly developed regions and chances of near vision impairment were estimated to be over 80% in the eastern, western, and central sub-Saharan African region according to a report of WHO.

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This report also provides the existing competitive scenario of some of the key players of the global ocular drug delivery devices market which includes company profiling of Bausch Health Companies Inc., Taiwan Liposome Company, Ltd., Ocular Therapeutix, Inc., Kiora Pharmaceuticals, Inc., Graybug Vision Inc., Apellis Pharmaceuticals, Inc., Implanet Company, and Aerie Pharmaceuticals Inc. EyePoint Pharmaceuticals, Inc., Protalix BioTherapeutics., and others.     

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[emaanderson]

Palm Recognition Biometrics Market Grow with a CAGR of ~22% and attain ~USD 2 Billion by 2035

New York – October 10, 2022 - Research Nester’s recent market research analysis on “Palm Recognition Biometrics Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global palm recognition biometrics market in terms of market segmentation by type, component, technique, application, end-user industry, and by region.

Growing Number of Financial Institution in the Global Palm Recognition Biometrics Market

The global palm recognition biometrics market is estimated to grow majorly on account of the increasing instances of cybercrimes across the globe. Cybercrime can be prevented by using palm recognition biometrics since hackers need physical access to break through these electronics.

 Many financial institutions are noticed to place palm recognition biometrics into their system. As of 2022, nearly 200,000 cybercrimes were observed to take place worldwide. Palm print recognition is an authentication method that is based on biometrics. Palm printing devices contain scanners to interpret the image captured.

 It examines all the scars, bumps, and other specifications of the palm to match it with the stored image. On the other hand, the rise in e-commerce fraud baked by the higher penetration of the internet is also anticipated to boost market growth over the forecast period. The cases of E-commerce fraud can be reduced by using palm recognition biometrics since they are difficult to breach.

Furthermore, rapid growth in biometric payment among the global population is anticipated to hike the market growth over the forecast period. biometrics are considered to be safer than PINs since they cannot be stolen easily for any type of malicious activity. For instance, in 2021, more than 72% of people were noticed to prefer fingerprint authentication to a PIN code in the United States while this figure was estimated to be quite high in Saudi Arabia reaching nearly 88%. On the other hand, the escalating sales volume of smartphones worldwide is driving market growth.

The latest model of smartphones worldwide is installed with fingerprint biometrics owing to the rising awareness of cybercrimes and the involvement of smartphones in every aspect of people’s lives. For instance, the sales volume of smartphones was expected to reach around 1.5 billion in 2021, while the shipment of devices was anticipated to be around 1 billion across the globe.

As of 2022, around USD 40 billion were noticed to be lost owing to payment fraud worldwide.

Some of the major growth factors and challenges that are associated with the growth of the global palm recognition biometrics market are:

Growth Drivers:

Surge in Vaccination Drive for COVID-19 Globally

Rising Need for Digital Drug Delivery

Challenges:

The fear of privacy intrusions and the lack of IT professionals to operate palm recognition biometrics are some of the major factors anticipated to hamper the growth of the global palm recognition biometrics market. Furthermore, the deployment cost of palm recognition biometrics is observed to be very higher which is also anticipated to be one of the major restraints to the market over the forecast period.

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By type, the global palm recognition biometrics market is segmented into palmprint and palm vein biometrics. The palmprint segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period.

 Palmprint recognition authentication systems are used to read the structure of the palm of a person to use it for security. Palmprint recognition authentication systems are very user-friendly and flexible. These systems are highly required in the criminal, forensic, or commercial sectors. It was anticipated that nearly 30% of the latent prints are derived from fingerprints found at crime scenes.

 On the other hand, by component, the global palm recognition biometrics market is segmented into hardware, software, and services. Out of these sub-segments, the hardware segment is anticipated to acquire the largest share over the forecast period. The main examples of biometric hardware are readers, scanners, and cameras. For instance, the scanner segment was estimated to reach around USD 16 million in 2021.

By region, the North American palm recognition biometrics market is to generate the highest revenue by the end of 2035. This growth is anticipated by escalating the implementation of biometric payment systems and facial recognition systems in various institutions and organizations owing to their high accuracy and better performance.

 These institutions are estimated to include offices, banks, and educational institutions. On the other hand, the rising number of smartphone users backed by the presence of major key players in the region is further anticipated to boost the market growth over the forecast period. For instance, it was anticipated that around 300 million people were using smartphones in the United States in 2021. Furthermore, the Asia Pacific palm recognition biometrics market is also estimated to obtain the second-largest share in the market over the forecast period. increasing population in the region with higher demand for smartphones coupled with escalated financial activities and higher online payment procedures are projected to expand the market share in the region over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global palm recognition biometrics market which includes company profiling of Imprivata, Inc., BioSec Group Kft., Fujitsu Limited, iDLink Systems Pte Ltd., M2SYS Technology, Identytech Solutions America Inc., Mantra Softech (India) Pvt. Ltd., Redrock Biometrics, Matrix Comsec Pvt. Ltd, and others,

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Vaccine Storage And Packaging Market Report Growth and Outlook by Players, Latest Development Activities, Industry Experts and Innovations by 2030

Vaccine packaging is the process of safely storing vaccines and medications so they retain their therapeutic effectiveness from the moment they are packaged. The initial level of packaging for vaccines consists of vials, ampoules, prefilled syringes, bags, and pouches. When the vaccine is produced in large quantities, it is packaged for safe cold storage and shipment in glass vials. High temperatures and the dangers of worldwide delivery must both be able to withstand vaccine packaging. As a result, glass, which is robust and capable of retaining its integrity in extreme temperatures, is the most common material used to make vaccine vials.

Major players operating in the global vaccine storage & packaging market include Corning Incorporated, Piramal Glass Private Limited, Schott AG, Amcor, AptarGroup Inc, DHL Group, FedEx, UPS, SF Express, and World Courier.

Vaccine storage and packaging are critical components in the supply chain of vaccines, which play a vital role in protecting people from infectious diseases. The effectiveness of vaccines depends on their proper storage and transportation, as exposure to adverse conditions can lead to a loss of potency or even render them useless. Here are some important things to consider regarding vaccine storage and packaging:

Temperature Control: Vaccines need to be kept at specific temperatures, which vary depending on the type of vaccine. Most vaccines require refrigeration between 2°C to 8°C, while some require freezing at -15°C to -50°C. Therefore, proper temperature control is crucial during storage and transportation to prevent degradation of the vaccine.

1. Cold Chain: The cold chain is a network of storage and transportation facilities that ensure the maintenance of the correct temperature range for vaccines. It includes refrigerators, freezers, insulated containers, and cold boxes that keep the vaccines at the required temperature.

2. Packaging: Vaccine packaging must be designed to withstand rough handling, moisture, and temperature variations during transportation. The packaging should also have clear labels that identify the vaccine type, expiration date, lot number, and temperature requirements.

3. Monitoring: It is essential to monitor the temperature of vaccines during storage and transportation to ensure that they remain within the recommended temperature range. Monitoring devices such as temperature loggers or data loggers can be used to record the temperature and humidity of the vaccine storage facilities.

4. Security: Vaccines are high-value commodities, and therefore, security measures should be in place to prevent theft, tampering, or damage during storage and transportation.

In summary, proper vaccine storage and packaging are crucial to ensure that vaccines remain effective and safe for use. The cold chain and temperature monitoring play a vital role in maintaining the quality of vaccines during storage and transportation.

The demand for vaccine storage and packaging has increased significantly in recent years, driven by several factors. Here are some of the key reasons for the growing demand:

☛ Expanded Immunization Programs: Many countries are expanding their immunization programs to include more vaccines to protect against a range of infectious diseases. This has led to an increase in demand for vaccine storage and packaging solutions that can handle a larger volume and variety of vaccines.

☛ Emergence of New Vaccines: The development of new vaccines, particularly for COVID-19, has created a surge in demand for vaccine storage and packaging solutions that can maintain the required temperature range to preserve vaccine potency.

☛ Increasing Vaccine Distribution: The distribution of vaccines has become more widespread in recent years, with more countries and communities now having access to vaccines. This has led to a need for more reliable and efficient vaccine storage and packaging solutions to ensure that vaccines remain effective and safe during transportation.

☛ Stricter Regulations: Regulatory bodies such as the World Health Organization (WHO) and the United States Food and Drug Administration (FDA) have set stricter guidelines for the storage and transportation of vaccines. This has resulted in an increased demand for vaccine storage and packaging solutions that meet these standards.

☛ Public Health Emergencies: Outbreaks of infectious diseases such as COVID-19 have highlighted the importance of vaccine storage and packaging in responding to public health emergencies. This has led to a greater emphasis on the need for reliable and efficient vaccine storage and packaging solutions.

The vaccine storage and packaging market is a growing segment of the healthcare industry, with increasing demand for reliable and efficient solutions to ensure the quality and safety of vaccines. The market is driven by several factors, including the need to preserve vaccine potency, expanding immunization programs, and stricter regulations on vaccine storage and transportation.

The vaccine storage and packaging market is a growing segment of the healthcare industry, with increasing demand for reliable and efficient solutions to ensure the quality and safety of vaccines. The market is driven by several factors, including the need to preserve vaccine potency, expanding immunization programs, and stricter regulations on vaccine storage and transportation.

The market is segmented by product type, end user, and region. Based on product type, the market is divided into storage and transport equipment, accessories, and services. By end user, the market is segmented into hospitals and clinics, research laboratories, and others.

Geographically, the market is divided into North America, Europe, Asia Pacific, and the Rest of the World. North America is currently the largest market for vaccine storage and packaging, driven by the presence of major players in the region, a well-established healthcare infrastructure, and increasing government initiatives to support immunization programs.

[expertofmarketinsights-blog]

Vaccines Delivery Devices Market at a Rapid Pace Until 2026

Vaccines are biological substance that protect humans from infections caused by bacteria and viruses. The different types of vaccines include live/attenuated vaccine, inactivated/killed vaccine, toxoid vaccine, and conjugate vaccine. Vaccines are administered through subcutaneous or intramuscular routes using a syringe or needle. Needle free technologies are one of the novel vaccine delivery technologies as they are effectively used in mass immunization programmes, thereby reducing the chances of needle stick injuries and the complications associated with the multiple use of single needle. Moreover, other vaccine delivery devices include disposable syringes, jet injectors, micro- needles, and intradermal delivery devices for delivery of inactivated poliovirus vaccine. Click To Read More On Vaccines Delivery Devices Market.

Rise in the adoption of needle free technology is expected to augment the growth of vaccine delivery devices market

The major factors contributing to the growth of vaccines delivery devices market are needle free delivery systems, as these systems have potential to decrease the dose of the vaccine antigen and also enhances the vaccine immunogenicity. Rapid advancement of technology in systematic delivery of vaccines such as micro-needles and electroporation, is expected to augment the growth of vaccines delivery devices market. Increasing use of micro-needles is attributed to the demand for the painless self-administration by the patients. Vaccines delivered through micro-needles into the dermis affects faster than the intra-muscular injections, augments the market growth.

Innovation of hollow microstructured transdermal system, is expected to fuel the market growth

Some of the major players operating in the global vaccines delivery devices market include Panacea Pharmaceuticals, 3 M, Biojet Medical Technologies Pharmajet, Valeritas, Vaxxas, Gerresheimer, Schott AG, Corium International, and Becton Dickinson & Company. Various strategies are adopted by the key players to sustain their position in the market include product development, innovation, mergers and acquisition. For instance, 3M involved in the vaccines delivery devices market recently launched a new drug delivery device named 3M Hollow Microstructured transdermal System (hMts). This device directly delivers the vaccine to the patient’s dermis, which would give rise to the stronger immune response than traditional intramuscular injections. Also, hMTS facilitate consistent and reproducible delivery of the drug. Furthermore, 3M Company has collaborated with Panacea Pharmaceuticals in administering therapeutic cancer vaccine directly to the dermis through hMTS.

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On the basis of geography, the global vaccine delivery devices markets can be segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global vaccine delivery devices, owing to the rising demand of intranasal delivery devices, which offers non-invasive route of administration as compared to injections. Thus, intranasal delivery devices increases the potential for patient compliance and creates a platform for the improvement in pharmacokinetics profiles. Moreover, rapid growth in immunization coverage due to financial support from the Bill & Melinda Gates Foundation and others in 2010, made vaccine available to millions of people in U.S. Furthermore, Asia Pacific is expected to be the key market for the vaccine delivery devices market over the forecast period, due to rising awareness regarding jet injector devices, which has reduced the high risk of cross contamination, needle stick injuries, and is less painful for the patient.

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Vaccine Delivery Devices Market Outlook On The Basis Of Device, Route Of Administration, Region And Forecast To 2030 : Grand View Research Inc.

Vaccine Delivery Devices Market Outlook On The Basis Of Device, Route Of Administration, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 14 Sep 2022: The Report Vaccine Delivery Devices Market Size, Share & Trends Analysis Report By Device (Syringes, Jet Injectors), By Route Of Administration, By Region, And Segment Forecasts, 2022 – 2030 The global vaccine delivery devices market size is expected to reach USD 11.51 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at…

[marryp]

Global Nanoparticle Tracking Analyzer Sales Market 2022-2028 | Country Level Analysis, Current Trade Size And Future Prospective With Key Manufactures, Drivers & Trends | Malvern Instruments, Agilent Technologies, Particle Metrix (ZetaView) and more

Nanoparticle Tracking Analyzer Sales Market to 2027: Deep Analysis

The report offers a complete research study of the global Nanoparticle Tracking Analyzer Sales Market that includes accurate forecasts and analysis at global, regional, and country levels. It provides a comprehensive view of the global Nanoparticle Tracking Analyzer Sales Market and detailed value chain analysis to help players to closely understand important changes in business activities observed across the industry. It also offers a deep segmental analysis of the global Nanoparticle Tracking Analyzer Sales market where key product and application segments are shed light upon. Readers are provided with actual market figures related to the size of the global Nanoparticle Tracking Analyzer Sales market in terms of value and volume for the forecast period 2020-2027. The following Companies as the Key Players in the Global Nanoparticle Tracking Analyzer Sales Market Research Report are Malvern Instruments, Agilent Technologies, Particle Metrix (ZetaView), Beckman Coulter, Shimadzu, Bruker, Horiba, Hitachi High-Technologies, IKO Science, JEOL, Microtrac, Wyatt Technology. Free Sample Report + All Related Graphs & Charts @ https://www.researchallied.com/request-sample/5382-nanoparticle-tracking-analyzer-sales-market

North America accounted for the largest share in the Nanoparticle Tracking Analyzer Sales market in 2020 owing to the increasing collaboration activities by key players over the forecast period

Market Overview of Global Nanoparticle Tracking Analyzer Sales On the basis of product,  this report displays the production, revenue, price, market share and growth rate of each type, primarily split into By Product Segments, Bench Top Devices, Portable Devices, Other, By Light Scattering, Dynamic Light Scattering, Static Light Scattering. On the basis of the end users/applications,  this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Nanoparticle Toxicology, Drug Delivery, Exosomes, Vaccine Production, Other.   Geographically, The Nanoparticle Tracking Analyzer Sales market report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering: North America, Europe, China, Japan and others.

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Avail 30-50% Discount on various license type on immediate purchase (Use Corporate email ID to Get Higher Priority) @ https://www.researchallied.com/check-discount/5382-nanoparticle-tracking-analyzer-sales-market Furthermore, Global Nanoparticle Tracking Analyzer Sales Market following points are involved along with a detailed study of each point: – Major Players: The report provides company profiling for a decent number of leading players of the global Nanoparticle Tracking Analyzer Sales market. It brings to light their current and future market growth taking into consideration their price, gross margin, revenue, production, areas served, production sites, and other factors. Nanoparticle Tracking Analyzer Sales Market Dynamics: The report shares important information on influence factors, market drivers, challenges, opportunities, and market trends as part of market dynamics. Global Nanoparticle Tracking Analyzer Sales Market Forecast: Readers are provided with production and revenue forecasts for the global Nanoparticle Tracking Analyzer Sales market, production and consumption forecasts for regional markets, production, revenue, and price forecasts for the global Nanoparticle Tracking Analyzer Sales market by type, and consumption forecast for the global Nanoparticle Tracking Analyzer Sales market by application. Regional Market Analysis: It could be divided into two different sections: one for regional production analysis and the other for regional consumption analysis. Here, the analysts share gross margin, price, revenue, production, CAGR, and other factors that indicate the growth of all regional markets studied in the report. Nanoparticle Tracking Analyzer Sales Market Competition: In this section, the report provides information on Competitive situations and trends including merger and acquisition and expansion, market shares of the top three or five players, and market concentration rate. Readers could also be provided with production, revenue, and average price shares by manufacturers. Get Customized Report in your Inbox within 24 hours at: https://www.researchallied.com/enquire-before/5382-nanoparticle-tracking-analyzer-sales-market

Nanoparticle Tracking Analyzer Sales Market

Major Highlights of Nanoparticle Tracking Analyzer Sales Market in Covid-19 pandemic covered in report: - Market Competition by key manufacturers in the industry. - Discussed Sourcing strategies, industrial chain information and downstream buyer’s data. - Distributors and traders marketing strategy analysis focusing on region wise needs in covid-19 pandemic. - Vendors who are providing a wide range of product lines and intensifying the competitive scenario in covid-19 crisis. - Also highlights of the key growth sectors of Nanoparticle Tracking Analyzer Sales market and how they will perform in coming years. Buy Full Copy Global Nanoparticle Tracking Analyzer Sales Report 2020-2027 @ https://www.researchallied.com/placeorder?report=5382-nanoparticle-tracking-analyzer-sales-market&type=su ** The market is evaluated based on the weighted average selling price (WASP) and includes the taxes applicable to the manufacturer. All currency conversions used in the creation of this report were calculated using a certain annual average rate of 2020 currency conversion. Crucial points encompassed in the report: Customization Available With the given market data, Researchers offer customization according to the company’s specific needs. The following customization options are available for the report: Regional and country-level analysis of the Nanoparticle Tracking Analyzer Sales market, by end-use. Detailed analysis and profiles of additional market players. About Us We are a market research and consulting service provider which is supported by numerous groups of people having extensive experience in their respective domains. We have collaboration with the industry’s leading research providers who works continuously to meet the ever-growing demand for market research throughout the year. Having people from various industries in our team and extensive experience in market research enables our people to address, understand, and offer exact solutions to our clients and satisfy their needs and demands. We understand the value of data and authenticity and how any business needs to grow, thus we have collaborated with several brands and outsourcing companies who are a click ready to identify the gaps between any solution which is offered to you and lacks any insight. Contact: Research Allied Mangalam Chamber, Office No – 16, Paud Road Sankalp Society, Kothrud, Pune, Maharashtra 411038 Phone: +1 650-646-3808 Email: sales@researchallied.com Website: https://www.researchallied.com

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Prefilled Syringes Market To Surge Beyond $22.5 Billion By 2025

The global prefilled syringes market size is expected to reach a value of USD 22.5 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 11.2% during the forecast years. Growing usage of prefilled syringes and technological advancements in auto-injectors are the key factors driving the market. Prefilled syringes are rapidly replacing traditional syringe-vial combinations due to advantages offered by them, such as increased patient safety and convenience for healthcare practitioners in dose preparation and delivery.

These syringes enable easy management of chronic diseases, such as diabetes and rheumatoid arthritis, which is expected to boost the usage of autoinjectors and pen injectors during the forecast period. Thus, the growing prevalence of diabetes and other chronic diseases would fuel the market demand over the next few years. The introduction of advanced devices with Wi-Fi and Bluetooth connectivity facilitating effective management of patient health records is also expected to boost the product demand.

The application of prefilled injectors is currently limited to emergency rooms in hospitals and for the treatment of certain chronic diseases. These injection devices are considered ideal containers for vaccines and other biotech drugs, which otherwise tend to become unstable and react with the material of the container resulting in altered drug potency. Rising preference for biotechnology drugs and the emerging biotech sector presenting greater opportunities are expected to have a positive impact on market development during the forecast period.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/pre-filled-syringes-market

Further key findings from the study suggest:

Currently, the use of glass prefilled syringes is greater than plastic syringes owing to high demand from healthcare professionals. Glass prefilled syringes are easy to use and lower the risks at the time of injection

However, the plastic syringes are rapidly replacing glass syringes due to the advent of advanced, biocompatible materials, such as Polypropylene (PP) and crystal clear polymer

Europe was the dominant regional market for prefilled syringes in 2015. High adoption of patient safety measures and the presence of key companies are the factors responsible for its the region’s growth

On the other hand, North America is expected to witness the fastest growth rate during the forecast period due to rapid adoption of prefilled syringes in this region

Major companies in the global market are Gerresheimer AG, Haselmeier AG, Nipro Medical Corporation, Unilife Corporation, Owen Mumford Ltd., Schott Group, Datwyler Pharma Packaging, and Becton, Dickinson and Company

The market for prefilled syringe manufacturing is consolidated; however, new companies are bringing innovative technologies to this field, which can be used for the manufacturing of auto-injectors.

Grand View Research has segmented the global prefilled syringes market on the basis of type, material, application, distribution channel, and region:

Prefilled Syringes Type Outlook (Revenue, USD Million, 2014 - 2025)

Disposable

Reusable

Prefilled Syringes Material Outlook (Revenue, USD Million, 2014 - 2025)

Glass

Plastic

Prefilled Syringes Application Outlook (Revenue, USD Million, 2014 - 2025)

Anaphylaxis

Rheumatoid Arthritis

Diabetes

Others

Vaccines and Other Biotech Drugs

Prefilled Syringes Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

Hospitals

Mail Order Pharmacies

Ambulatory Surgery Centers

Prefilled Syringes Regional Outlook (Revenue, USD Million, 2014 - 2025)

North America

Europe

Asia Pacific

Latin America

MEA

The U.S.

Canada

The U.K.

Germany

Japan

India

Brazil

Mexico

South Africa

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.

[karishmamulani]

Future Development Of COVID-19 Vaccine Packaging And Delivery Devices Market, Industry Growth Status And Outlook

Future Development Of COVID-19 Vaccine Packaging And Delivery Devices Market, Industry Growth Status And Outlook

The global COVID-19 vaccine packaging and delivery devices market size is expected to reach USD 3.58 billion by 2028 according to a new study by Polaris Market Research. The report “COVID-19 Vaccine Packaging and Delivery Devices Market Share, Size, Trends, Industry Analysis Report, By Product (Vials, Syringes); By Packaging (Insulated Shippers, Insulated Containers, Refrigerants) (North America,…

[bfactmr]

Product Innovations and Advancements in Technology to Boost Peptide Based Gastrointestinal Disorders Therapeutics Market

Peptide Based Gastrointestinal Disorders Therapeutics Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Peptide Based Gastrointestinal Disorders Therapeutics devices are soaring rapidly.

The Market survey of Peptide Based Gastrointestinal Disorders Therapeutics offers a comprehensive analysis of diverse features, including production capacities analysis of Peptide Based Gastrointestinal Disorders Therapeutics, demand, product developments, revenue generation, and Size of Peptide Based Gastrointestinal Disorders Therapeutics Market across the globe.

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Market Taxonomy

Drug

Teduglutide

Linaclotide

Distribution Channel

Hospital Pharmacies

Retail Pharmacies

Online Pharmacies

A comprehensive estimate of the Peptide Based Gastrointestinal Disorders Therapeutics market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Peptide Based Gastrointestinal Disorders Therapeutics during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The Demand analysis of Peptide Based Gastrointestinal Disorders Therapeutics Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Peptide Based Gastrointestinal Disorders Therapeutics Market across the globe.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies in healthcare sector is positively impacting the Peptide Based Gastrointestinal Disorders Therapeutics market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Peptide Based Gastrointestinal Disorders Therapeutics manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Peptide Based Gastrointestinal Disorders Therapeutics witnessed a huge upsurge and the trend is likely to continue in the future.

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Some Notable Offerings by Fact.MR Report on Peptide Based Gastrointestinal Disorders Therapeutics market:

We will provide you an analysis of the extent to which this Peptide Based Gastrointestinal Disorders Therapeutics market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.

We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.

Also, this report will help you to identify any trends to forecast growth rates.

The analyzed report will forecast the general tendency for supply and demand.

Report Benefits & Key Questions Answered

Peptide Based Gastrointestinal Disorders Therapeutics Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Peptide Based Gastrointestinal Disorders Therapeutics category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.

Peptide Based Gastrointestinal Disorders Therapeutics Manufacturing trend analysis: A key aspect of the study is comprehensive Peptide Based Gastrointestinal Disorders Therapeutics manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.

Innovation and acquisition activity in Peptide Based Gastrointestinal Disorders Therapeutics: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Peptide Based Gastrointestinal Disorders Therapeutics market. Adoption of various technologies are being discussed in detail.

Peptide Based Gastrointestinal Disorders Therapeutics demand by country: The report forecasts the country wise demand for Peptide Based Gastrointestinal Disorders Therapeutics between 2021 and 2031. By analyzing this section of the report, Peptide Based Gastrointestinal Disorders Therapeutics manufacturers can accordingly invest in those regions where the demand is on the rise.

Post COVID consumer spending on Peptide Based Gastrointestinal Disorders Therapeutics: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Competition Tracking

Shire plc

Ironwood Pharmaceuticals, Inc.

Astellas Pharma Inc.

Allergan plc

Accredo Health Group, Inc.,

are the key market players profiled in the Fact.MR’s report. A majority of these companies are channelizing investment in further expansion of their product portfolio.

This, in turn, is anticipated to result in introduction of more efficacious peptide based therapeutic drugs for curing gastrointestinal ailments.

Some of the Peptide Based Gastrointestinal Disorders Therapeutics Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

Details regarding latest innovations and development in Peptide Based Gastrointestinal Disorders Therapeutics and how it is gaining customer traction during the forecast period.

Analysis about the customer demand of the products and how it is likely to evolve in coming years.

Latest regulations enforced by government bodies and local agencies and their impact on Demand of Peptide Based Gastrointestinal Disorders Therapeutics Market .

Insights about adoption of new technologies and its influence on the Peptide Based Gastrointestinal Disorders Therapeutics market Size.

Overview of the impact of COVID-19 on Peptide Based Gastrointestinal Disorders Therapeutics Market and economic disruptions caused by the pandemic.

Evaluates post-pandemic impact on the Sales of Peptide Based Gastrointestinal Disorders Therapeutics Market during the forecast period.

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After reading the Market insights of Peptide Based Gastrointestinal Disorders Therapeutics Report, readers can:

Understand the drivers, restraints, opportunities and trends affecting the Sales of market.

Analyze key regions holding significant share of total Peptide Based Gastrointestinal Disorders Therapeutics market revenue.

Study the growth outlook of Peptide Based Gastrointestinal Disorders Therapeutics market scenario, including production, consumption, history and forecast.

Learn consumption pattern and impact of each end use & supply side analysis of Peptide Based Gastrointestinal Disorders Therapeutics market.

Investigate the recent R&D projects performed by each market player & competitive analysis of Peptide Based Gastrointestinal Disorders Therapeutics Market Players.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/demand-for-needle-free-vaccination-methods-is-promoting-the-development-of-novel-vaccine-delivery-devices-fact-mr/’

How Fact.MR Assists in Making Strategic Moves For Peptide Based Gastrointestinal Disorders Therapeutics Market Manufacturer?

The data provided in the Peptide Based Gastrointestinal Disorders Therapeutics market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

More Related Reports by Fact.MR On Healthcare Sector:

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Therapeutic Support Surface Market:- Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

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[fostermarketarch]

Disposable Syringes Market To Hold A High Potential For Growth By 2025

The disposable syringes market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020, and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of 7.8% during the forecast period (2020-2025). In healthcare, syringe is used for various purposes.

It is a simple pump consisting of a plunger that fits tightly in a tube; this plunger can be pulled and pushed along inside a cylindrical tube to take in and release a liquid or gas through an minute opening at the open end of the tube, fitted with a hypodermic needle, a nozzle or tubing. In recent times, disposable syringes have become quite popular due to reasons like- they can be used only once, hence avoid infection in patients, they are pre-sterilized so saves the doctor’s time, these syringes are made of plastic material and hence are cost effective. Moreover, increasing attention towards patient-safety is driving the market for disposable syringes globally.

Key Insights:

Latest Updates

Analyst Views

Future Outlook of the Market

Get Free PDF Brochure of this Report @ http://www.fostermarketresearch.com/product/industry/medical-devices/global-disposable-syringes-market/Pdf%20Brochure/

Competitive Landscape:

Key players in the disposable syringes market include: Terumo Corporation, Medtronic Plc, Becton, Dickinson and Company, B. Braun Medical Inc., Smiths Medical, Hindustan Syringes and Medical Devices Limited, NIPRO Corporation, Hamilton, SCHOTT AG, Gerresheimer AG, and CodanMedizinischeGerate GmbH & Co KG. and others.

The global disposable syringes market is highly competitive and the prominent players in the market have adopted various strategies to garner maximum market share. These include collaboration, product launch, partnership, and acquisition. For instance, in October 2016, Genentech received the FDA approval for prefilled disposable injections of ranibizumab (Lucentis).

Market Taxonomy:

By Product Type

Safety SyringesAutomatic Retractable Manual Retractable Non-retractable

Conventional SyringesSyringes without Needle Syringes with Needle

By Application

Immunization Injections

Therapeutic Injections

By End User

Hospitals

Clinics

Others

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East and Africa

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Market Dynamics:

There has been marked an increase in the use of injectable drugs, primarily due to the lack of bioavailability in conventional drug delivery methods. Also, high prevalence of needlestick injuries worldwide is leading to innovations such as the introduction of two-step disposable autoinjector devices, that are bolstering the growth of the disposable syringes market. For instance, in October 2019, leading medical technology company BD (Becton Dickinson and Company), announced the launch  of BD Intevia 1mL, which is a two-step push-on-skin device that safely injects a variety of drugs. Furthermore, the increasing demand for vaccines is expected to drive the sales of syringes particularly disposable syringes. Moreover, increasing activities by various NGOs that create awareness for the use of disposable syringes, to control the spread of diseases like HIV and AIDS, is also helping the market for disposable syringes.

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Vaccine Packaging And Delivery Devices Market to Reach US$970 Million by 2030

The global COVID-19 Vaccine Packaging And Delivery Devices market size is expected to be worth around US$ 4.6 billion by 2030, according to a new report by Trends Market Research.

The global COVID-19 Vaccine Packaging And Delivery Devices market size was valued at US$ 970.0 Mn in 2020 and is anticipated to grow at a CAGR of 5.10% during forecast period 2021 to 2030.

Growth Factors

High demand for immunization for the ongoing pandemic and manufacturer's initiatives to expand their production capacities are the factors expected to boost the demand for packaging materials.

The hurtling vaccine inoculation rate and growing public trust in are anticipated to fuel the growth of the market. According to the global attitude towards the COVID-19 vaccine survey, the share of people going for immunization has increased significantly in 2021. The increasing public willingness to get vaccinated early is expected to drive the manufacturing and distribution process, propelling market growth over the forecast period.

The increasing funding and investments in R&D activities specific to the development of an innovative vaccine, packaging material, and delivery devices are anticipated to fuel the growth of the market during the forecast period. For instance, the federal government of the U.S. invested USD 143 million to develop plastic alternatives to conventional glass vials for the storage of biological liquids.

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Report Highlights

The syringes segment dominated the market for COVID-19 vaccine packaging and delivery devices and held the largest revenue share of 61.10% in 2021. The segment is further divided into empty and prefilled syringes. . The average volume of a single COVID-19 dose is estimated to be 0.5 ml, thereby 1.0 ml sterile empty syringes are preferred. The prefilled syringes segment is anticipated to witness the fastest growth during the forecast period. To vaccinate the 7.0 billion world population in a shorter time is a tedious process with the established logistic network. The presence of distribution constraints associated with current COVID-19 packaging systems is expected to increase the preference for prefilled syringes.

Vials can be classified as plastic and glass vials. As vaccine components interact with the polymers of the plastic vial it is not frequently used for the storage of biological liquids. Whereas Type 1 borosilicate glass vials are used for COVID-19 vaccine storage.

North America dominated the COVID-19 vaccine packaging and delivery devices market and held the largest revenue share of 39.7% in 2021. According to the CDC data, till 5 March 2021, 15.9 % of the total U.S. population has received a single dose of the COVID-19 vaccine, while 8.1% of the population has been fully vaccinated.

In Europe, the market for COVID-19 vaccine packaging and delivery devices held the second-largest revenue share in 2021. The region has robust vaccine production and packaging facilities. The growing concern in EU member states to keep the vaccination rate par with countries such as U.K and U.S. is one of the key factors expected to boost the growth of the market for COVID-19 vaccine packaging and delivery devices. the market for COVID-19 vaccine packaging and delivery devices is expected to experience the fastest growth rate over the forecast period. China, India, and Korea are among the notable markets for COVID-19 vaccine packaging and delivery device manufacturers.

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Key Players

BD

B. Braun Melsungen AG

Hindustan Syringes & Medical Devices Ltd.

Terumo

NIPRO Medical Corporation

SCHOTT AG

Gerresheimer AG

Cardinal Health

Market Segmentation

Product Outlook VialsGlass Plastic SyringesEmpty Prefilled

Regional Outlook North AmericaU.S. Canada EuropeGermany U.K. France Italy Spain Asia PacificChina Japan India Thailand South Korea Australia Latin AmericaBrazil Mexico Argentina Middle East & AfricaSouth Africa Saudi Arabia UAE

The COVID-19 Vaccine Packaging And Delivery Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

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The report provides size (in terms of volume and value) of COVID-19 Vaccine Packaging And Delivery Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global COVID-19 Vaccine Packaging And Delivery Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the COVID-19 Vaccine Packaging And Delivery Devices market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted COVID-19 Vaccine Packaging And Delivery Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.