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Key Market Insights
§ Over 130 novel vaccine delivery devices, including marketed/ under development products, are being investigated for the delivery of bothliquid and solid formulations for vaccines
§ The market landscape is fragmented, featuring both newentrants (small companies) and established players (mid-large sizedenterprises); the US is currently considered to be the hub for vaccine deliveryfocused firms
§ A myriad of invasive and non-invasive delivery devicesbased on different routes of administrations are under evaluation; majority ofthem are in clinical stages of development
§ In order to achieve an edge over competing players,delivery device developers in this market are increasingly focusing on theintegration of advanced features in their respective products / offerings
§ An evaluation of 490+ marketed and pipeline productsrevealed that several vaccine candidates are likely to be considered fordelivery via novel vaccine delivery device in the near future
§ An increasing interest in the field is also reflected inthe partnership activity, deals inked in the recent past were focused on adiverse range of devices, and involved both international and indigenousstakeholders
§ The benefits of the novel vaccine deliver devices presentlyoutweigh the challenges related to their development and sales; the growingoptimism in this domain is evident in the opinions of industry veterans
§ The future opportunity for novel vaccine delivery devicesis expected to be distributed across various product types, routes ofadministration and key geographical regions
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