About Influenza Vaccines
Influenza Vaccines is also known as flu shot that applicable for protection against influenza vaccine. The influenza vaccine consist of three influenza viruses such as influenza type A with H3N2 virus strain, influenza type A with H1N1 virus strain and influenza type B virus strain. The major companies are introducing latest vaccination that beneficial in providing Over-the Counter products that are likely to create oppurtunities for generic manufacturers.Further, increasing demand from the developing countries owing to growth in the vaccination owing to increasing application in various clinic, hospitals and others.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.6% |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States and United Kingdom Players will contribute the maximum growth to Global Influenza Vaccines market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott (United States),, AstraZeneca (United Kingdom), BioCryst Pharmaceuticals, Inc. (United States),, Novartis AG (United States),, DAIICHI SANKYO COMPANY, LIMITED. (Japan), GlaxoSmithKline plc. (United Kingdom), Hualan Biological Engineering Inc (China), Mitsubishi Tanabe Pharma Corporation (Japan), F. Hoffmann-La Roche Ltd (Switzerland), Novavax (United States) and BioCryst (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sanofi (France), Seqirus Vaccines Limited (United Kingdom), FluGen (United States) and Moderna Therapeutics (United States).
Segmentation Overview
AMA Research has segmented the market of Global Influenza Vaccines market by Type (Paediatrics, Adolescence, Adults and Elderly), Application (Hospitals, Clinics and Others) and Region.
On the basis of geography, the market of Influenza Vaccines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Egg Based will boost the Influenza Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vaccines, the sub-segment i.e. Fluzone will boost the Influenza Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Collaboration and Tie Up Of Leading Players and Value Oriented Consumers
Market Growth Drivers:
Increasing Awareness About the Pandemic Influenza Viruses Propelled the Market. and Rising Government Initiatives for Vaccines against Influenza Fuelled up the Market.
Challenges:
Complexity Involved In Development and Approval System of Influenza Vaccines Market.
Restraints:
Strict Regulation Associated With New Entrant of this Market. and High Amount Of Investments Required For Influenza Vaccines Market.
Opportunities:
Popularity Of Quadrivalent Vaccines is Expected To Boost The Influenza Vaccines Market. and Rapid Demand of Influenza Vaccines in North America Regions Leads to Propel the Market.
Market Leaders and their expansionary development strategies
In March 2024, Cadila Pharmaceuticals on Monday announced the launch of the Cadiflu Tetra Vaccine which is an advanced Quadrivalent Influenza Vaccine to prevent influenza, a recurrent, widespread, and debilitating viral infection. The vaccine is approved by DCGI for use in adults and children.
In March 2020, WHO launches new global influenza strategy. The goal of the strategy is to prevent seasonal influenza, control the spread of influenza from animals to humans, and prepare for the next influenza pandemic.
“According to US Food and Drug Administration (FDA) approved the first quadrivalent influenza vaccine, an inhaled live attenuated influenza vaccine developed by MedImmune and modeled after its FluMist product. ”
Key Target Audience
Influenza Vaccines Manufacturers, Influenza Vaccines Traders, End-Use Market Participants of Different Segments of Influenza Vaccines, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.