COVID-19 Vaccine Packaging And Delivery Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030
COVID-19 Vaccine Packaging And Delivery Devices Market: Overview
Since the WHO declared the current coronavirus a pandemic in March 2020, the need for vaccines to fight against severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the causative pathogen, has become a global urgency of perhaps the most severe type. Pushed by relentless focus by governments and the solidarity shown in supporting vaccine development, several Covid-19 candidates entered the clinical trials phase. While some are still in the phase II/III, a dozen vaccines have been fortunate to get emergency authorization in different countries. These vaccines for have also been doled out in large numbers in countries where the morbidity has been high, such as in India. Subsequently, vaccine developers have joined hands to unveil novel drug delivery technologies. Another key stakeholder of this ecosystem is unarguably packaging companies, since an adequate packaging helps maintain the efficacy and also reduces wastage from vials and syringes.
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COVID-19 Vaccine Packaging And Delivery Devices Market: Key Trends
The strong underpinnings to the commercialization of several vaccine candidates in the foreseeable future, thus enriching the Covid-19 vaccine packaging and delivery devices market’s landscape.
A number of viral vector-based vaccines are being developed with the promise to generate robust immune responses against the virus. Companies at the forefront are Johnson and Johnson and AstraZenca in the U.K. The one developed by the latter is Adenovirus vaccines. A number of mRNA-based vaccines with potentially attractive delivery systems has also been launched in the past few weeks in the U.S. Advances in nanomedicine and vaccine delivery systems are key to improving the intended effectiveness of Covid-19 vaccines.
The Covid-19 vaccine packaging and delivery devices market is thus making huge strides from the exemplary pace the vaccination programs have gained in some countries in healthy adults and those with comorbidities.
COVID-19 Vaccine Packaging And Delivery Devices Market: Competitive Dynamics and Key Developments
A growing number of logistic companies are collaborating with law enforcement agencies and government players in successful delivery of vaccines to the last mile. Extreme care is taken by centers, the ones where Covid-19 vaccine jabs are being given or will be administered, to adequately store the vials and syringes. They are adopting best operational management techniques to avoid wastage.
A recently notable development in this direction has been made by a team of researchers from at Carnegie Mellon University. Helped by grant by Richard King Mellon Foundation, they have been engaged in developing a novel microneedle array platforms to improve the delivery system dramatically. The technology will be particularly relevant to live-attenuated virus-based vaccines and promises to be an advancement in intradermal delivery of these vaccines. A specific development in this regard is the use of dissolvable sugar-based tips.
COVID-19 Vaccine Packaging And Delivery Devices Market: Regional Assessment
On the global front, various industry players are eyeing incredible avenues in Asia Pacific, North America, the U.K., and parts of Europe. Developed countries have become the center of massive R&D to support the demands for Covid-91 vaccine packaging and delivery systems for the developing world.
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