As cited by the research report titled ‘Worldwide Influenza Vaccines Market Size, Share, Analysis, Growth, Trends, and Forecast to 2027’, available with MarketStudyReport, worldwide influenza vaccines market is projected to expand significantly over 2021-2027, generating revenues worth USD 7.5 billion by the end of the forecast duration.
 

Increasing government support and surveillance related to vaccination against influenza at national and global levels to control and optimize the supply, distribution, and administration of flu vaccines is a major factor driving worldwide influenza vaccines market growth.
 

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Growing investments by prominent market players along with augmented government funding are facilitating launch of therapeutically effective vaccines, further positively swaying the industry dynamics. Besides, rising prevalence of influenza epidemics and seasonal outbreaks is likely to augment vaccine sales over the projected timeline.
 

For the record, influenza is a viral infection that occurs in the respiratory system due to flu. Influenza virus passes through respiratory droplets, is contagious, and can spread from one person to another through physical contact or while talking. It is responsible for causing several regional outbreaks and epidemics that lead to thousands of deaths.
 

Elaborating on the geographical landscape, the key geographies considered for evaluating the size and scope of global influenza vaccines industry are United States, Canada, Germany, Italy, France, Spain, Netherlands, United Kingdom, Ireland, Finland, Poland, Norway, Denmark, Sweden, Belgium, Australia, China, and India
 

Prominent players influencing the industry trends are BioDiem Ltd., Mylan N.V., Shanghai Institute of Biological Products Co. Ltd., Hualan Biological Engineering Inc., Gamma Vaccines Pty Ltd., AstraZeneca plc, Seqirus (CSL Limited), GlaxoSmithKline plc, and Sanofi Pasteur.
 

While the emerging players in the industry are Imutex Ltd., FluGen Inc., Daiichi Sankyo Company Limited., Altimmune Inc., Pneumagen Ltd., Moderna Inc., Medicago Inc., BiondVax Pharmaceuticals Ltd., Novavax Inc.
 

The report incorporates detailed profiles of the aforementioned players with information on their businesses, vaccines portfolios, along with the latest developments. Experts cite that development of innovative technology-based vaccines will help industry players gain a competitive edge over the forecast timeline.