Respiratory Virus Vaccines Industry Size To Surpass US$ 14 Billion Valuation By The End Of 2030

At a time when acute respiratory illnesses are causing mayhem in society, respiratory virus vaccines have never been more sought-after. Fact MR, in its recent study, has analyzed the scope for expansion of the respiratory virus vaccines market, and has forecast it to rise at an above 7% CAGR from 2020 and 2030.

In order to compile facts, figures, and market data into revenue estimations and projections for the Market Insights of Respiratory Virus Vaccines, the analysts used numerous widely used business intelligence tools.

Important market participants, including business leaders, decision-makers in government, and investors from different nations, have been continuously realigning their strategies and methods for putting them into practise in order to take advantage of new opportunities.

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Respiratory Virus Vaccines Market: Segmentation

Fact.MR has studied the respiratory virus vaccines market with detailed segmentation on the basis of type, route of administration, indication, age group, end-user, and key regions.

Type
• Inactivated/Killed Vaccines
• Live-attenuated Vaccines
• Recombinant Vaccines
Route of Administration
• Intramuscular
• Intranasal
• Subcutaneous
Indication
• Influenza
• Measles, Mumps & Rubella
• Coronavirus Disease (COVID-19)
• Others
Indication
• Influenza
• Measles, Mumps & Rubella
• Coronavirus Disease (COVID-19)
• Others
Age Group
• Pediatric
• Adults
End User
• Physician Offices
• Hospitals
• Clinics
• Pharmacies/Stores
Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Respiratory Virus Vaccines Market: Key Players

Competition within the global respiratory virus vaccines market is surging in response to rising demand recorded around the world. To strengthen their footprints, manufacturers are likely to adopt inorganic strategies such as product development, mergers & acquisitions, and others.
Efforts towards research & development is expected to surge over the coming years, especially as market players are focusing on promising drug candidates in the pipeline.
This will subsequently aid in the expansion of the market. Some of the leading players operating in the global respiratory virus vaccines market are Bharat Biotech, CSL Limited, AstraZeneca, Sanofi, GlaxoSmithKline plc, Merck & Co., Inc., Serum Institute of India Pvt. Ltd., and Sinovac Biotech Ltd.
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COVID-19 Impact on Respiratory Virus

Vaccines The COVID-19 pandemic has had a significant impact on the development and distribution of respiratory virus vaccines. Vaccine manufacturers have had to adjust their production schedules to prioritize the production of COVID-19 vaccines, which has led to delays in the production and distribution of other respiratory virus vaccines. Additionally, many countries have limited access to routine immunizations due to the pandemic, leading to a decrease in the number of people receiving these vaccines. Finally, there has been an increase in vaccine hesitancy due to misinformation about the safety and efficacy of vaccines, which has further hindered efforts to vaccinate against respiratory viruses.

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