October 22, 2021
According to the research report titled ‘Influenza Vaccines Market: Global Industry Analysis, Share, Size, Growth, Opportunity and Forecast 2019-2025’, available with MarketStudyReport, global influenza vaccines market is expected to exceed USD 6 billion valuation by the year 2025.
As per the report findings, the growth of global influenza vaccines market is boosted by rising prevalence of influenza, increasing number of vaccine approvals, and government efforts to monitor the distribution, supply, and administration of flu vaccines.
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For the unversed, influenza is a common infectious disease with symptoms including fever, cough, headache, muscle pain, and joint pain. Influenza vaccines are biological substances administered to protect people against this contagious disease by providing active acquired immunity.
In addition, surging focus on immunization programs, and technological advancements in the field are augmenting the industry outlook.
On the contrary, stringent regulations, high costs associated with vaccine development and production, coupled with lengthy timelines are likely to hamper the remuneration scope of global influenza vaccines market.
The study includes a top-to-bottom assessment of the present industry scenario, demands, while revealing accurate data on the revenues, market size, and scope. Besides, it includes statistical coverage of the number of people inoculated with influenza vaccines during 2013-2018 and projections up to 2025.
It further includes a deep dive analysis of the geographical landscape of the industry which includes 21 top nations. The countries mentioned in the document include United States, Canada, Germany, France, Italy, Spain, United Kingdom, Netherlands, Sweden, Denmark, Poland, Norway, Finland, Ireland, Belgium, Australia, New Zealand, Japan, Brazil, China, and India.
Moving on, the research literature on global influenza vaccines market entails a scrutiny of clinical trials, potential vaccines in the clinical development phase, along with prompt diagnostic testing for the management of influenza.
BioDiem Ltd., Mylan N.V., Shanghai Institute of Biological Products Co., Ltd., Hualan Biological Engineering, Inc., Gamma Vaccines Pty Ltd., Sinovac Biotech Ltd., AstraZeneca plc, Seqirus (CSL Limited), GlaxoSmithKline plc, and Sanofi Pasteur S.A. are key players operating in the marketplace.