Influenza is an infectious disease caused by the influenza virus. It is also known as flu. Influenza virus is a ribonucleic acid (RNA) virus that belongs to Orthomyxoviridae family. It is a helical shaped, single-stranded virus. Influenza A virus affects people of all age groups and causes moderate to severe illness, while the infection due to influenza B virus results in milder disease and affects pediatrics primarily. Human illness due to influenza C is rare. Influenza C illness might be due to subclinical cases. Hence, it does not cause epidemic diseases. Influenza has emerged as a severe health concern globally. The market encompasses both live attenuated as well as recombinant influenza vaccines for the prevention of influenza. The major factors that lead to the market growth include the need for annual vaccination and government initiatives to improve awareness about vaccination.
MIR analysts forecast the global influenza vaccine market to grow at a CAGR of 7.23% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global influenza vaccine market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of influenza vaccine.
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Global Influenza Vaccine Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Influenza Vaccine Market Key Vendors Are: AstraZeneca, CSL, GlaxoSmithKline, Sanofi
Influenza Vaccine Market Driver:
- Rising awareness about influenza vaccination
- For a full, detailed list, view our report
Influenza Vaccine Market Trends:
- Development of strong pipeline
- For a full, detailed list, view our report
Browse Full Report and Related Details at: https://www.marketinsightsreports.com/reports/0119165654/global-influenza-vaccine-market-2018-2022
The Influenza Vaccine Market is divided into the following segments based on Geography:
This independent 117-Page report guarantees you will remain better informed than your competition. With approx 210 tables and figures examining the Influenza Vaccine Market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Commenting on the report, an analyst from MIR team said: “The latest trend gaining momentum in the market is development of strong pipeline. The increasing R&D programs is significantly influencing the growth of the pipeline molecule count in the influenza market. Universal influenza vaccine initiative (UIVI) is a program conducted to combat the challenges in developing a vaccine that broadly protects against all types of influenza viruses. Furthermore, the number of clinical trials for developing a vaccvine for treating influenza is steadily increasing. The launch of all molecules in phase III will generate significant revenue on completion of the clinical trials.”
According to the report, one of the major drivers for this market is rising awareness about influenza vaccination. With the growing support of both government and non-government bodies, the awareness about influenza virus is rising across the globe. Both the government and non-government organizations are taking adequate initiatives to prevent diseases. To educate people about the influenza virus and the importance of influenza vaccination, CDC conducts national vaccination week. WHO has developed generic campaign materials to support the campaign. Such initiatives will help people gain more knowledge about the preventive measures available against influenza, in turn, driving the demand for these vaccines.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Highlights of The Influenza Vaccine Market Report:
- The key details related to Influenza Vaccine Market like the product definition, cost, variety of applications, demand and supply statistics are covered in this report.
- Competitive study of the major Influenza Vaccine Market players will help all the market players in analyzing the latest trends and business strategies.
- The study of emerging Influenza Vaccine Market segments and the existing market segments will help the readers in planning the business strategies.
- Figure Global Production Market Share of Influenza Vaccine Market by Types and by Applications in 2017.
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