Market Overview
The global Influenza Vaccines Market is accounted for to reach a CAGR of 6.53% during the forecast period. Influenza is also known as flu, is a potentially life nasty disease. It is a contagious illness in which the respiratory tract caused by influenza viruses. The symptoms of this disease are high fever, sore throat, and headache, coughing, and sneeze. As per the record, influenza causes serious infection and death every year around the globe, usually in the winter months referred to as seasonal influenza. Vaccination is the major public health measure for the prevention of influenza virus infection. Influenza vaccines are also known as flu shots or flu jabs they are of two types namely either trivalent or quadrivalent in composition.
The expansion in influenza epidemics raises the demand for influenza vaccines, thereby contributing to the growth of the global influenza vaccine market. Furthermore, rising public & private initiatives for research & development of influenza vaccine, increasing awareness about influenza vaccines, and increasing product launches & approvals.
Major Players
The Major Players in the Global Influenza Vaccines Market are AstraZeneca (UK), GlaxoSmithKline PLC (UK), Sanofi (France), Abbott Laboratories (US), Seqirus (UK), Hualan Biological Engineering Inc. (China), Mitsubishi Tanabe Pharma (Japan), Serum Institute of India Pvt. Ltd (India), and Mylan NV (US).
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Segmentation
The Global Influenza Vaccines Market has been categorized based on influenza Type, Manufacturing Technology, Vaccine Type, and End User.
Based on the influenza type, the global market has been segregated into the seasonal and zoonotic type of influenza. By manufacturing technology, the global influenza vaccine market has been segregated into egg-based, cell culture-based, and recombinant-based. The vaccine segment divides the global influenza vaccines market into trivalent vaccines and quadrivalent vaccines. By the end-user segment, the global influenza vaccine market has been classified as hospitals and clinics, research organizations and academic institutions, and others.
Regional Analysis
The geographical analysis of Global Influenza Vaccines Market spans across the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas dominates the global influenza vaccine market followed by Europe during the study period. The regional market growth is propelled by the rising prevalence of cancer, the existence of a well-developed healthcare system, rising government funding in research, increasing surge influenza and technology inventions.
Europe gripped the second-largest market contribution during the research period. The regional market spans across Germany, the UK, Italy, Spain, France, and the rest of Europe. The market value is attributed to government initiatives & regulations, sophisticated lifestyle, and the presence of well-established countries such as Germany, the UK, and France.
Asia-Pacific is expected to register a substantial market growth during the study period owing to the rising per capita expenditure on health, increasing older population base, and emerging the healthcare sector in China, Japan, India, and Australia.
The smallest market share of the primary cells market is carried out by the Middle East and Africa because of the lack of treatment facilities. However, the regional market growth is expected to boost due to rising investments in the healthcare sector in emerging economies such as Saudi Arabia.
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TABLE OF CONTENT
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL INFLUENZA VACCINES MARKET BY INFLUENZA TYPE
7 GLOBAL INFLUENZA VACCINES MARKET BY MANUFACTURING TECHNOLOGY
8 GLOBAL INFLUENZA VACCINES MARKET BY VACCINE TYPE
9 GLOBAL INFLUENZA VACCINES MARKET BY END USER
10 GLOBAL INFLUENZA VACCINES MARKET BY REGION
11 COMPETITIVE LANDSCAPE
12 COMPANY PROFILE
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