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Influenza Vaccines Market 2018 Is to Reach US $5.8 Billion With Top Key Players by Fluarix, Fluzone, Fluvirin, Influvac, Afluria by 2024

07-28-2018 06:01 PM CET | Health & Medicine

Press release from: Market Prognosis

Market Highlights:

The global influenza vaccines market is anticipated to exceed US$ 5.8 Billion mark by 2024, and is presenting ample opportunities to the industry’s players. Influenza viruses are considered as a major cause of morbidity and mortality worldwide. The vast population base together with significantly low vaccination coverage in emerging markets, introduction of new vaccines, rising government support for immunization and growing awareness of the value of influenza vaccine in preventing disease are the prominent factors that will drive the influenza vaccines market. However, shortage of vaccine supply due to genetic assortment of the viral strains is surging the need for updating vaccines each year by the manufacturers. This is a major factor restraining market growth.

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Influenza Vaccines Brand Sales and Forecast - 8 Brands Analyzed
1. Fluarix/FluLaval
2. Fluzone
3. Fluvirin/Flucelvax
4. Influvac
5. Afluria/Fluvax
6. FluMist/Fluenz
7. Flublok
8. Fluad

This 224 Page report with 139 Figures and 12 Tables has been analyzed from 5 viewpoints:
1. Influenza Vaccines Market, Persons Vaccinated and Forecast - By Region (2011 - 2024)
2. Influenza Vaccines Market, Persons Vaccinated and Forecast - Country Wise Distribution (2011 - 2024)
3. Global - Influenza Vaccines Brand Sales and Forecast to 2024
4. Global Influenza Vaccines Market - Major Deals
5. Global Influenza Vaccines Market - Driving Factors and Challenges

Influenza Vaccines Market, Persons Vaccinated and Forecast - By Region
1. North America
2. Latin America
3. Europe
4. Asia
5. Australasia

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Global Influenza Vaccines Market – Regional Analysis
• Geographically, North America is the largest market for influenza vaccines capturing over 48% market share in 2017.
• Asia is the second largest market for influenza vaccines.
• Europe is the third largest market for influenza vaccines, followed by Latin America.
• Australasia accounted for least share of the influenza vaccines market in 2017.
Global Influenza Vaccines Market – Country Wise Analysis
• On the basis of country, United States captures majority of the influenza vaccines market.
• Japan is the second largest market for influenza vaccines.
• China, Brazil and India are the third, fourth and fifth leading market for influenza vaccines respectively.
• Canada, Germany, France, UK, Italy, Spain and South Korea are the other leading market for influenza vaccines.
Global Influenza Vaccines Market – Brands Analysis
• In the influenza vaccines brand sales segment, Sanofi’s Fluzone holds the maximum share of the market being followed by Fluvirin/Flucelvax.
• In May 2016, the cell-based Flucelvax quadrivalent shot was approved by the FDA.
• GSK’s Fluarix/FluLaval accounts for the third highest share of the influenza vaccines market.
• Fluad is the first and only adjuvanted seasonal influenza vaccine in the US for adults aged 65 and older.
• Flublok has captured least share of the influenza vaccines market.
• In October 2016, Protein Sciences received approval from the FDA for the quadrivalent version of Flublok vaccine.
• On August 28, 2017 - Sanofi announced that it has completed the acquisition of Protein Sciences.
• In February 2018, SK Chemicals Co. signed a US$ 155 Million deal to license cell culture technology to Sanofi Pasteur Inc. for development of a universal influenza vaccine.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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