Microneedles For Vaccination Market Size, Share, Opportunities, And Trends By Material Type (Silicon Microneedles, Polymer Microneedles, Metal Microneedles, Ceramic Microneedles, Dissolving Microneedles, Hollow Microneedles), By Application (Pediatric Vaccination, Adult Vaccination, Veterinary Vaccination), By End-User (Hospitals And Clinics, Research Institutions, Pharmaceutical Companies, Vaccination Centers), And By Geography - Forecasts From 2023 To 2028

  • Published : Oct 2023
  • Report Code : KSI061615989
  • Pages : 150
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The microneedles for vaccination market is estimated to grow at a CAGR of 6.51% during the forecast period.

The microneedles for vaccination market marks a watershed moment in immunisation, altering the traditional approach to vaccine administration. These tiny, painless structures provide a less intrusive and more effective means of administering immunisations, eliminating the need for conventional injections. Their micro-scale architecture allows for accurate penetration into the skin's outer layers, triggering immunological responses while causing little pain. As worldwide demand for effective vaccination techniques grows, the industry develops traction, fueled by the potential to boost vaccine coverage, lower healthcare costs, and improve patient compliance. Microneedles are set to transform the face of preventive healthcare, delivering a promising future for immunisation efforts with the promise of simplified mass vaccination campaigns and increased accessibility.

Microneedles Offers a Less Painful and More Comfortable Vaccination Experience in the Microneedles for Vaccination Market.

Microneedles transform vaccination by making it less unpleasant and more comfortable. Research published in the "Journal of Pharmaceutical Sciences" found that microneedle patches were much less painful than standard injections. Only the top layers of the skin are penetrated by these small needles, limiting nerve stimulation and pain. This decrease in discomfort has a significant influence on patient acceptability and compliance. According to a survey published in the "Journal of Drug Delivery Science and Technology," more than 90% of those polled chose microneedle patches versus injections. By providing a patient-friendly alternative to standard injection procedures, this shift in attitude is critical in encouraging wider vaccination coverage and supporting global health initiatives.

Improved Patient Acceptance Can Lead to Higher Vaccination Rates Enhances the Microneedles for Vaccination Market Growth.

Improved patient acceptability, made possible by advances such as microneedles, has the potential to greatly increase vaccination rates. Research published in the "Journal of Pharmaceutical Sciences" found that 76% of participants preferred microneedle patches to regular injections. This improved acceptance reduces vaccination hesitation and needle anxiety, resulting in increased compliance. A paper published in the "Journal of Vaccines & Vaccination" said that patient desire to get vaccines has a favourable influence on immunisation rates, hence helping disease prevention and public health. Microneedles, for example, serve a critical role in fostering a culture of vaccination by providing a more patient-friendly experience, ultimately leading to greater and more widespread vaccination rates.

Efficient Vaccination With Microneedles Can Lead to Cost Savings in Healthcare Systems in the  Microneedles for Vaccination Market.

Vaccination with microneedles can result in significant cost reductions for healthcare organisations. Research published in the "Journal of Pharmaceutical Sciences" found that microneedle patches are easier to administer and take less time from healthcare workers than injections. This improved approach can result in significant cost savings. According to a National Centre for Biotechnology Information (NCBI) research, effective vaccination strategies can result in both direct and indirect cost reductions for healthcare systems. Microneedles help to more inexpensive and efficient immunisation techniques, benefiting both healthcare practitioners and the greater healthcare ecosystem, by having the ability to optimise resources and reduce the need for skilled administration.

Europe is the Market Leader in the Microneedles for Vaccination Market.

Europe is a market leader in the microneedles for vaccination market. Europe, known for its superior healthcare systems, research capacity, and regulatory frameworks, has enthusiastically adopted microneedle technology for vaccine administration. The adoption and development of microneedle-based immunisation tactics is driven by the region's proactive attitude to public health, as well as an emphasis on new medical solutions. Furthermore, Europe's strong emphasis on preventative medicine, as well as its track record of successful immunisation efforts, position it as a pioneer in this sector. Europe continues to pave the path for wider use of microneedles, optimising immunisation efforts and setting new benchmarks for accessible and patient-friendly vaccination practises.

Microneedles Simplify Mass Vaccination Campaigns, Enabling Efficient Delivery in the Microneedles for Vaccination Market Size.

Microneedles are crucial in expediting mass immunisation efforts, allowing for efficient administration with significant advantages. Research published in the "Journal of Controlled Release" found that microneedles enabled for the quick and effective delivery of vaccine doses during a mass immunisation scenario. Their simple design allows for self-administration, eliminating the requirement for specialised healthcare staff. Microneedle patches were shown to be straightforward to use in research published in "Vaccine," with a high degree of acceptance among participants. Because of this ease of use, vaccination rates increase, making large-scale programmes more effective and accessible. The ability of microneedles to simplify delivery methods is important to the success of mass immunisation operations.

Key Developments:

  • In 2023, With the "Think Loud" Sweepstakes, 3M's Post-it Brand collaborated with Nicole Ari Parker, actress, producer, entrepreneur, and philanthropist, to inspire parents to celebrate their wins (large and little) during back-to-school season. Now until September 15, parents may enter a $5,000 back-to-school shopping spree for their children and an additional $5,000 to spend on products for themselves by posting a picture on Instagram of their to-do lists, aspirations, and ideas on a Post-it Note with the hashtag #ThinkLoudSweepstakes.
  • In December 2021, NanoPass Technologies and Micro2Nano (M2N) have agreed to form a strategic development and production partnership for the design and manufacture of NanoPass' unique MEMS-based microneedles. The partnership aims to expand NanoPass and M2N's connection and create a foundation for the two firms' continuing growth while building on years of development and production collaboration.
  • In July 2023, Clearside Biomedical, Inc., a biopharmaceutical company that is revolutionising therapy delivery to the back of the eye via the suprachoroidal space, announced that the Therapeutic Goods Administration (TGA) of Australia has formally accepted Arctic Vision's new drug application (NDA) for suprachoroidal use of Arcatus (ARVN001) for the treatment of Uveitic Macular Edoema. Arctic Vision is a Chinese speciality ophthalmology firm with the sole licence for the sale and development of XIPERE, dubbed Arcatus, in Greater China, South Korea, Australia, New Zealand, India, and ASEAN countries.

Company Products:

  • Microneedle Delivery Systems: NanoPass is anticipated to produce sophisticated microneedle-based technologies tailored exclusively for vaccination and medication delivery.
  • Enhanced Delivery Efficiency: When compared to typical injection procedures, microneedles can improve medication absorption and perhaps boost immune responses.
  • Potential for Microneedles: Given 3M's experience, they may have investigated or produced microneedle-based vaccination delivery technologies that provide benefits such as painless administration and increased immune responses.
  • Enhanced Immunization: The Nanopatch is designed to target the immuno-rich epidermal layer, which might result in better immune responses than typical injection approaches.
  • Vaccine Delivery Solutions: Microneedle patches or devices that may give vaccinations via the skin, removing the need for traditional injections, might be among the company's goods and services.

Key Segment:

  • By Material Type
    • Silicon Microneedles
    • Polymer Microneedles
    • Metal Microneedles
    • Ceramic Microneedles
    • Dissolving Microneedles
    • Hollow Microneedles
  • By Application
    • Pediatric Vaccination
    • Adult Vaccination
    • Veterinary Vaccination
  • By End-User
    • Hospitals And Clinics
    • Research Institutions
    • Pharmaceutical Companies
    • Vaccination Centers
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain   
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Sources

2.3. Research Design

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5.  MICRONEEDLES FOR VACCINATION MARKET, BY MATERIAL TYPE

5.1. Introduction

5.2. Silicon Microneedles

5.3. Polymer Microneedles

5.4. Metal Microneedles

5.5. Ceramic Microneedles

5.6. Dissolving Microneedles

5.7. Hollow Microneedles                    

6. MICRONEEDLES FOR VACCINATION MARKET, BY APPLICATION

6.1. Introduction

6.2. Pediatric Vaccination

6.3. Adult Vaccination

6.4. Veterinary Vaccination                 

7. MICRONEEDLES FOR VACCINATION MARKET, BY END-USER

7.1. Introduction

7.2. Hospitals and Clinics

7.3. Research Institutions

7.4. Pharmaceutical Companies

7.5. Vaccination Centers    

8.  MICRONEEDLES FOR VACCINATION MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain 

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia 

8.6.6. Taiwan

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. 3M Company

10.2. Zosano Pharma Corporation

10.3. Vaxxas Pty Ltd

10.4. Micron Biomedical, Inc.

10.5. NanoPass Technologies Ltd.

10.6. Corium International, Inc.

10.7. TheraJect, Inc.

10.8. Valeritas, Inc.

10.9. Lohmann Therapie-Systeme AG

10.10. Microdermics Inc.                  

3m Company

Zosano Pharma Corporation

Vaxxas Pty Ltd

Micron Biomedical, Inc.

Nanopass Technologies Ltd.

Corium International, Inc.

Theraject, Inc.

Valeritas, Inc.

Lohmann Therapie-Systeme Ag

Microdermics Inc.