Influenza Vaccine Market Projection By Technology, Major key players, Growth, Revenue, CAGR, Regional Analysis Industry Forecast 2021 To 2027 is latest report published on “Global Influenza Vaccine Market” by Fortune Business Insights. The global Influenza Vaccine market size was USD 6.59 billion in 2021. The global impact of COVID-19 pandemic has been unprecedented and staggering, with Influenza Vaccine witnessing a positive demand across all regions amid the pandemic. Based on our analysis, the global commercial vehicle market size is projected to reach USD 10.73 billion by the end of 2028. The increasing IT sector and rapid industrialization across the globe will emerge in favor of market growth.
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North America to Occupy a Commanding Position; Asia-Pacific to Register Robust Growth
Having generated a revenue of USD 1.98 billion in 2018, North America is expected to dominate the influenza vaccines market share primarily owing to the utilization of advanced manufacturing systems and processes for vaccines. Besides this, rising incidence of influenza, well-funded vaccine research programs, and presence of big companies will further fuel the market in this region. Asia-Pacific will boast the highest growth rate among regions on account of fast-increasing population along with active government support for healthcare research will raise the demand for effective vaccines in the region. Lastly, increasing immunization rate, coupled with high awareness regarding vaccination, will drive the market in Europe.
Initiation of Government-backed Immunization Programs to Foster Greater Demand
Governments all around the world are increasingly focusing on initiating large-scale immunization drives to tackle influenza and related diseases, which is benefiting the flu vaccine market. These initiatives are receiving active support from international organizations such as the WHO. More importantly, these bodies are increasing their surveillance capacities to contain the spread of the disease and taking all measures necessary to prevent the outbreak of an epidemic. Many organizations, such as the Bill and Melinda Gates Foundation, Centers for Disease Control and Prevention (CDC), and WHO Global Influenza Surveillance and Response System (GISRS), are also facilitating research through increased funding for the development of up-to-date vaccines. This is enabling governments to launch broad-based domestic immunization drives, which will play a central role in determining the influenza vaccines market trends during the forecast period.
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Key Points of the Influenza Vaccine Market Report:
- The report provides a basic overview of the industry including its definition, applications, and manufacturing technology.
- The report also explores the major international players in detail. In this part, the report presents the company profile, product specifications, capacity, and production value along with the market shares for each company.
- Through the statistical analysis, the study depicts the global market including capacity, production, production value, cost/profit, and supply/demand from an international perspective.
- Considering segmentation, the market is divided in terms of product, end-use, company, region, and other important aspects. Each of these categories forms an important base point for the competitive landscape analysis.
- The report then estimates the market development and trends of the Influenza Vaccine Market.
Presence of a Few Players to Make Competition Tight
Through its influenza vaccines market report, Fortune Business Insights™ has brought out an in-depth analysis of the competition in this market. The report states that the competitive landscape will be dotted by a few key players who are increasing their investment in enhancing their R&D capacities to widen their product portfolio.
Influenza Vaccine Top Companies Analyzed in the report:
- AstraZeneca
- F. Hoffmann-La Roche Ltd
- Sanofi
- GlaxoSmithKline plc.
- Sinovac Biotech Ltd
- CSL Limited
- Emergent BioSolutions Inc.
- BioDiem
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Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- New Product Launch
- Pipeline Analysis
- Prevalence of Influenza- For Key Countries, 2018
- Key Industry Developments – Mergers, Acquisitions, and Partnerships
- Global Influenza Vaccines Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Inactivated
- Live Attenuated
- Market Analysis, Insights and Forecast – By Valency
- Quadrivalent
- Trivalent
- Market Analysis, Insights and Forecast – By Age Group
- Pediatric
- Adults
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