Middle East & Africa Intranasal Drug And Vaccine Delivery Market Size & Outlook
Middle East & Africa intranasal drug and vaccine delivery market, 2018-2030 (US$M)
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MEA intranasal drug and vaccine delivery market highlights
- The MEA intranasal drug and vaccine delivery market generated a revenue of USD 2,715.6 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, liquid delivery device was the largest revenue generating product in 2023.
- Liquid Delivery Device is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,715.6 million |
| Market revenue in 2030 | USD 3,630.7 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Liquid delivery device |
| Fastest growing segment | Liquid Delivery Device |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powder delivery device, Liquid Delivery Device, Pressurized Metered Dose Inhaler |
| Key market players worldwide | GSK PLC ADR, Teva Pharmaceutical Industries Ltd, AptarGroup Inc, UCB SA, Teleflex Inc, 3M Co, OptiNose Inc, Bespak, Intersect ENT |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% of the global intranasal drug and vaccine delivery market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 22,052.5 million by 2030.
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Intranasal Drug And Vaccine Delivery Market Scope
Intranasal Drug And Vaccine Delivery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa intranasal drug and vaccine delivery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intranasal drug and vaccine delivery market will help companies and investors design strategic landscapes.
Liquid delivery device was the largest segment with a revenue share of 43.24% in 2023. Horizon Databook has segmented the Middle East & Africa intranasal drug and vaccine delivery market based on powder delivery device, liquid delivery device, pressurized metered dose inhaler covering the revenue growth of each sub-segment from 2018 to 2030.
Middle Eastern countries, such as Saudi Arabia, are prospering economies and are rapidly growing. Growing health insurance penetration, increasing privatization, and rising regional disease burden can act as primary factors responsible for market growth.
In addition, growing regulatory approvals of novel devices in MEA to manage chronic disease conditions favor market growth. Advancements in the healthcare system are expected to increase product demand in this region.
Varying socioeconomic conditions and political developments across the Middle East region are entirely conceivable for companies to find opportunities for R&D in the healthcare industry.
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Target buyers of Middle East & Africa intranasal drug and vaccine delivery market databook
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Our clientele includes a mix of intranasal drug and vaccine delivery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa intranasal drug and vaccine delivery market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa intranasal drug and vaccine delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA intranasal drug and vaccine delivery market size, by country, 2018-2030 (US$M)
Middle East & Africa Intranasal Drug And Vaccine Delivery Market Outlook Share, 2023 & 2030 (US$M)
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