Influenza also referred to as the flu, is a viral infection that affects the respiratory system. Type A, Type B, and Type C are the three main influenza viruses that affect humans. Type D influenza virus, the fourth type, does not infect humans, although it is thought to have the potential to infect. Influenza vaccine protects against the influenza virus. Due to the rapid changes in the influenza virus, newer versions of influenza vaccines are developed twice a year. The efficacy of these vaccines varies from year to year, but they are known to provide moderate to high influenza protection.
Factors driving the growth of the influenza vaccine market are the increasing prevalence of Influenza, coupled with growing awareness campaigns and free vaccine. However, the high cost of associated with influenza vaccine is expected to hamper the growth of the market. Moreover, increase in the government initiatives promoting the administration of influenza vaccine and minimal side effects associated with the vaccine is anticipated to boost the market growth.
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The Prominent/Emerging Players in the Influenza Vaccine Market Research include:
F. Hoffmann-La Roche Ltd
Gamma Vaccines Pty Ltd.
Merck & Co., Inc. (Merck Sharp & Dohme Corp.)
The influenza vaccine market is segmented on the basis of type, product type, dosage form, age group, and distribution channel. Based on type, the market is segmented as inactivated and live attenuated. Based on product type, the market is segmented as trivalent vaccine and quadrivalent vaccine. On the basis of dosage form, the market is categorized as nasal spray, intramuscular injection, and intradermal. On the basis of age group, the market is categorized as pediatric and adult. On the basis of distribution channel, the market is categorized as hospital & retail pharmacies, government suppliers, and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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