About Nasal Vaccines
Nasal vaccines are the administration of mucosal vaccines through nasal route using a nasal sprayer or intra-nasal drop. Mucosal infections are caused by several groups of bacteria and viruses. Nasal vaccines, due to their non-invasiveness, easy access and better immunization are emerging as viable administration alternate to oral or intramuscular administrations. Nasal vaccines may confer protection to the mucosa of lungs, genital tract and intestines.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global nasal vaccine market is fragmented due to the presence of several manufacturers at the global and regional levels. The level of competition among the companies in the nasal drug delivery technology market is intense and manufacturers focus on developing customized products for the customers. The companies are seeking ways to reduce cost, improve product quality, and production efficiency. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Nasal Vaccines market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sanofi (France), AstraZeneca (United Kingdom), Abbott (United States), GlaxoSmithKline (United Kingdom), Serum Institute of India (India), Bharat Biotech (India), Antares Pharma (Unites States), INJEX Pharma GmbH (Germany), BioDiem (Australia), PharmaJet (United States) and Crossject (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Nasal Vaccines market by Type (Flu Vaccines, COVID-19 Vaccines and Other Vaccines), Application (Adult and Children) and Region.
On the basis of geography, the market of Nasal Vaccines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospital will boost the Nasal Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Adoption Of Self-Administration Practices
Market Growth Drivers:
Increasing Prevalence Of Respiratory Diseases and Preference For Nasal Vaccines
Challenges:
Lack of Consumers’ Awareness
Restraints:
Patent Expiry of Several Vaccines
Opportunities:
Growing Use Of Over-The-Counter (OTC) Nasal Vaccines and Demand For Versatile And Reliable Vaccines Methods
In September 2022, China had approved an inhaled Covid vaccine, administered in the form or a spray. Scientists say that nasal vaccines may offer added immunity in the lining of the nose and upper airways, where Covid typically enters the body.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Nasal Vaccine Providers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End User Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.