This Influenza Vaccine Market research report contains intricate details to help identify the right parameters and provide valuable information. The report provides an in-depth analysis of the business sector, including factors such as market size, competitive landscape, growth trends, product utilization, growth prospects by region, application potential, and so on.
This report on Influenza Vaccine Market provides a comprehensive analysis of consumer behavior, brand positioning, pricing analysis, and key player strategies. A market overview is provided in the research report based on inputs from industry analysts, prominent players, trade associations, and industrial groups.
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The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future.
The global influenza vaccine market size was USD 5.86 billion in 2020.The market is projected to grow from USD 6.59 billion in 2021 to USD 10.73 billion in 2028 at a CAGR of 7.2% during the 2021-2028 period.
Key players covered in the global Influenza Vaccine Market research report:
- GlaxoSmithKline plc. (U.K, Europe)
- Sanofi S.A (France, Europe)
- AstraZeneca (Cambridge, United Kingdom)
- Seqirus (Maidenhead, UK)
- BioDiem (South Melbourne Victoria)
- Emergent BioSolutions Inc. (Maryland, United States)
- Sinovac Biotech Ltd (China)
- Other Prominent Players
Drivers & Restraints
The influenza virus circulates continuously, causing regional epidemics and outbreaks, leading to thousands of deaths. For instance, according to the Centers for Disease Control and Prevention (CDC) data statistics, more than 13 million flu cases were recorded so far in the 2019-20 timeframe. The changing character of the virus is compelling an annual change in the vaccine strain to match the influenza virus strain worldwide. The increasing prevalence of influenza epidemics and seasonal outbreaks is likely to expand the product sales during the projected period.
One of the crucial and significant factors driving the global market is the increasing government support and surveillance regarding vaccination against influenza. Surveillance must be carried out on the national and global levels to monitor the supply, distribution, and administration of flu vaccines. In association with other governments, WHO constantly monitors the demand and conducts immunization programs globally to minimize the vaccine's unmet need.
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KEY BENEFITS
- This report provides an extensive analysis of the current & emerging market trends and dynamics in the Influenza Vaccine Market.
- Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
- This report entails the detailed quantitative analysis of the current trends and future estimations to identify the prevailing opportunities.
- The report offers the current state of the market and future prospects for various geographical regions.
- It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
Major Points from Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Industry Developments - Merger, Acquisitions, and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
Continued…
COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Caused sudden and drastic downturn in economic activity
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
