Ongoing Drug Innovations Targeting COVID-19 Vaccine Development Boosts Market Expansion in Intranasal Drug and Vaccine Delivery Market
Advanced R&D expeditions opine that the global market for intranasal drug and vaccine is likely to experience a bullish growth favored by unprecedented COVID-19 pandemic outrage and subsequent drug and pharmaceutical advances for novel drug formulation and delivery. Adroit Market Research investigates further.
With vaccine innovations skylarking at the backdrop of COVID-19 outrage, healthcare institutions and academicorganizations are uniting to develop next gen vaccines and drugs to support adequate preventive measures against the deadly disease.
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Essential Key Players involved in Global Intranasal Drug And Vaccine Delivery Market are GlaxoSmithKline Plc, Teva Pharmaceuticals, Aptar Pharma, UCB, Inc., Teleflex Corporation, 3M, Bespak, OptiNose, Inc., and Intersect ENT
Citing a recent incident in this regard, Iowa State University’s NanovaccineINstitute has affirmed its ongoing expedition to develop advanced nano vaccine as a preventive measure against COVID-19.
In this expedition the institute has roped in the collaboration of Zeteo Biomedical that will grant the institute complete access to the latter’s technical support in the form of devices.
The institute has announced that the vaccine candidate is made from biodegradable polymers of nanoparticle range and will be formulated as a nasal spray.
Zeteo is expected to support the expedition with its advanced nasal delivery device technology with advanced features such as portability to suit ease of administration, besides supporting intranasal dosage of two different liquid formulations administered via nasal sprays.
This development is crucial growth enable in global intranasal drug and vaccine delivery market.Besides significant advancements across develop economies, intranasal drug and vaccine delivery market is undergoing robust expansion across emerging countries as a means to tackle COVID-19 spread.
Several R&D expeditions are underway to disrupt the market with novel innovations. India’s Bharat Biotech in liaison with Washington University School of Medicine is developing a singular dose intranasal vaccine, clinical trials for which have already commenced in select locales. These developments are underpinning exponential growth in intranasal drug and vaccine delivery market.
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Key Segments of the Global Intranasal Drug and Vaccine Delivery Market
Product Type Overview, 2018-2028 (USD Million)
- Powder Delivery Device
- Liquid Delivery Device
- Pressurized Metered Dose Inhaler
Dosage Overview, 2018-2028 (USD Million)
Application Overview, 2018-2028 (USD Million)
- Respiratory Disorders
- Neurological Disorder
- Pain Management
Distribution Channel Overview, 2018-2028 (USD Million)
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
Investment reporting: 5 main reasons
- This report contains multifaceted information related to various timelines across past and present scenarios to influence business decisions for the future.
- This report categorizes new business paths and new opportunities, allowing players to redesign and generate new growth models.
- This report presents a new growth strategy, allowing market investors to turn their investments into new fronts.
- In addition, the report enables market participants to identify and execute new growth strategies to generate sufficient revenue across various segments and subsectors.
- This report is a highly reliable investment guide that identifies new trends in the market and encourages market players to keep up with these trends and provide optimistic growth results even if the competition is fierce.
- This report also shares important aspects of COVID-19 outbreak and ultimate pandemic management.
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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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