U.S. Influenza Vaccines Market Overall Study Report 2021-2028 | Sanofi Pasteur, Seqirus Vaccines Ltd., GlaxoSmithKline Plc., and Medimmune.

Market Overview:

Influenza vaccines protect people against the deadly viruses that cause influenza. These vaccines are updated twice a year to provide the best protection. They offer modest to high levels of protection from the flu virus, which varies from year to year. This means that the effectiveness of an influenza vaccine may vary from one year to another. In most cases, influenza vaccines will provide modest to high levels of protection. However, the effectiveness of a flu shot will depend on their specific needs and the strength of the virus in the specific region. The new flu vaccines include two different types of flu viruses. The existing ones contain inactivated and weakened versions of the virus. While there are no known side effects associated with the vaccines, it is always advisable to consult the local health department and consider the benefits of yearly influenza vaccination. These new flu vaccines will provide patients with protection against avian flu.

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Competitive Landscape:

Major players operating in the global U.S. influenza vaccines market include Sinovac Biotech Ltd., Sanofi, Pfizer, Inc., Novartis Ag, Merck & Co., Inc. (Merck Sharp & Dohme Corp.), GlaxoSmithKline Plc, Gamma Vaccines Pty Ltd., F. Hoffmann-La Roche Ltd., Emergent Biosolutions, Csl Limited (Seqirus GmbH), Biodiem, and AstraZeneca Plc (AstraZeneca).

Key Market Drivers:

For instance, according to the U.S. Centers for Disease Control and Prevention, in 2018 there were around 29,000,000 flu cases in the United States. In addition to the flu virus, influenza vaccines also provide protection against underlying health conditions. Some individuals are more susceptible to contracting the virus than others. This can be a life-threatening illness. In addition, vaccines are recommended for pregnant women and those 65 years of age and older. There is a wide variety of influenza vaccines available, so the right one for the patient is likely to be the best option for them. The vaccines are safe and effective for those at high-risk for serious health conditions. Increasing investment in the healthcare sector in the U.S. is estimated to boost the growth of the U.S. influenza vaccines market.

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Covid-19 Impact Analysis:

The COVID-19 pandemic was very challenging during the flu season, owing to the increasing COVID-19 cases along with rising flu cases. For instance, according to the U.S. Centers for Disease Control and Prevention, in April 2020, there were around 39 million to 56 million flu illnesses in the U.S., along with 410,000 to 740,000 hospitalizations and 24,000 to 62,000 deaths.

Key Takeaways:

The size of the U.S. influenza vaccines market is assessed to increase at a CAGR of around 7%, owing to increasing clinical trials in the U.S. For instance, in June 2021, the National Institutes of Health (NIH) introduced a clinical trial of a global influenza vaccine candidate.

Moreover, the increasing prevalence of biotechnology labs and product launches by key market players are estimated to create propulsion in the U.S. influenza vaccines market. For instance, according to Biotechnology Innovation Organization, there are more than 6653 biotech companies in the U.S.

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