This global Influenza Vaccine Market report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type. The current market scenario and future prospects of the sector have also been examined in the most excellent Influenza Vaccine Market report. It is a professional and detailed report that highlights primary and secondary drivers, market share, leading segments and geographical analysis. The report also analysis the emerging trends along with major drivers, challenges and opportunities in the Influenza Vaccine Market.
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.
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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.
Some Key Findings of the Global Influenza Vaccine Market Report Include:
- The analysis includes a global Influenza Vaccine Market study, expansions, and forecasts, along with a country-specific analysis.
- The study also offers complex measures of potential market effect during the forecast period and an in-depth overview of the leading companies operating in the global market.
- The report helps to understand the effects of COVID-19 pandemic on global Influenza Vaccine Market.
- Product offering details on competitive benchmarking and evolution approach adopted by the industry players.
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