June 17, 2022
According to the market analysis report titled ‘U.S. Influenza (Flu) Vaccines Market - Growth, Demand, Trends, Opportunity, Forecasts (2021 - 2028)’, available with MarketStudyReport, U.S. influenza (Flu) vaccines market is anticipated to amass a substantial valuation of 5.5 billion by the end of 2028.
Veteran analysts are of the opinion that increasing frequency of influenza cases and seasonal outbreaks, mounting awareness regarding the disease, and growth in research & development activities are the major driving factors for U.S. influenza (flu) vaccines market growth.
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Furthermore, the rapidly changing nature of the virus is coercing a change in the vaccine annually to manage the changing influenza strain within the region, subsequently enhancing the remuneration scope of drug makers in this industry.
In addition to the drivers and opportunities, the research literature also contains an in-depth analysis of current and upcoming challenges in the business sphere, while also divulging solutions for the same. It also contains the historical growth data, as well as current trends, to produce reliable estimates for industry size, growth rate, distribution channels, and revenue shares over the forecast period.
The U.S. influenza vaccines market report entails insights pertaining to the effectiveness of the influenza vaccine, the number of children and adults that have been vaccinated in the region, pricing trends, mergers and acquisitions, partnership and collaboration deals, reimbursement patterns, and the utilization of rapid diagnostic testing during 2022-2028.
Moreover, the research report also sheds light on promising influenza vaccines in clinical development, regulatory frameworks prevalent in the United States, licensing agreements, and R&D activities in the industry, thereby aiding the stakeholders to gain maximum profits.
Moving on to the competitive landscape, a comprehensive analysis has been provided in order to understand prominent as well as emerging players, based on their business operations, current vaccine portfolios, recent strategic developments, and technological advancements.
Established players in the U.S. influenza (flu) vaccine industry include companies like Seqirus UK Limited (CSL Limited), Sanofi Pasteur, AstraZeneca plc, and GlaxoSmithKline (GSK). The emerging players include are BiondVax Pharmaceuticals Ltd., Medicago Inc. Novavax Inc., Moderna Inc., Pneumagen Limited, Daiichi Sankyo Company Limited, Altimmune Inc., Imutex Ltd., and FluGen Inc.