Press release
Influenza Treatment Market Updates : to Surpass USD 1.2 Billion, by 2026 ; Oseltamivir Phosphate Segment Dominated the Market
Allied Market Research recently published a report, titled, "Influenza Treatment Market by Product Type (Peramivir, Zanamivir, Oseltamivir Phosphate, Baloxavir Marboxil, and Others) and Distribution Channel (Retail Pharmacy, Hospital Pharmacy, and Others), Global Opportunity Analysis and Industry Forecast, 2019-2026". According to the report, the global influenza treatment industry was pegged at $861.5 million in 2018, and is projected to hit $1.22 billion by 2026, growing at a CAGR of 4.5% from 2019 to 2026.๐ด๐๐๐๐ ๐ ๐๐๐๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐
The global influenza treatment market has witnessed a surge in cases worldwide, accompanied by increased healthcare spending and research investments for novel drug development. Yet, the market faces challenges due to the availability of alternative treatments. Nonetheless, promising growth prospects in developing nations offer lucrative opportunities ahead.
๐น๐๐๐๐๐๐ ๐บ๐๐๐๐๐ ๐ช๐๐๐ ๐๐ ๐น๐๐๐๐๐ ๐๐:
https://www.alliedmarketresearch.com/request-sample/6471
๐ถ๐๐๐๐๐๐๐๐๐๐ ๐ท๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐
In 2018, the oseltamivir phosphate segment dominated the global influenza treatment market, holding over two-fifths of the market share based on type. This dominance is attributed to the recommendation by the CDC and the American Academy of Pediatrics (AAP) for early flu treatment across all age groups, driving segment growth. However, the baloxavir marboxil segment is anticipated to witness the highest compound annual growth rate (CAGR) of 4.6% during the forecast period. Baloxavir marboxil demonstrates efficacy against influenza A strains resistant to oseltamivir, positioning it as a preferred treatment option and consequently fueling segment growth.
๐ป๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐ช๐จ๐ฎ๐น ๐๐๐๐๐๐๐ 2026
In terms of distribution channel, the retail pharmacy segment is expected to witness the most significant compound annual growth rate (CAGR) of 4.7% throughout the forecast period. Furthermore, this segment secured the leading position in 2018, capturing almost half of the global influenza treatment market. This dominance can be attributed to the widespread presence of retail pharmacies worldwide and the convenience they provide. The study also evaluates other segments such as hospital pharmacy and others.
๐ต๐๐๐๐ ๐จ๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐'๐ ๐๐๐๐๐
In 2018, North America dominated the market, accounting for approximately one-third of the total market share, primarily due to a surge in influenza infections in the region. However, the Asia-Pacific region is expected to exhibit the fastest compound annual growth rate (CAGR) of 5.6% during the forecast period. This is attributed to an increase in awareness regarding early diagnosis for more effective treatment of the medical condition.
๐ญ๐๐ ๐ท๐๐๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐ ๐๐
: https://www.alliedmarketresearch.com/purchase-enquiry/6471
๐ด๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐
AstraZeneca Plc
BioCryst Pharmaceuticals, Inc.
Daiichi Sankyo Company Limited
F. Hoffmann-La Roche AG
GlaxoSmithKline Plc
Mylan N.V
Natco Pharma Limited
Novartis AG
Sanofi
Teva Pharmaceutical Industries Limited
๐ฒ๐ฌ๐ ๐ฉ๐ฌ๐ต๐ฌ๐ญ๐ฐ๐ป๐บ ๐ญ๐ถ๐น ๐บ๐ป๐จ๐ฒ๐ฌ๐ฏ๐ถ๐ณ๐ซ๐ฌ๐น๐บ
This report entails a detailed quantitative analysis along with the global influenza treatment market trends from 2018 to 2026 to identify the prevailing opportunities along with the strategic assessment.
The influenza treatment market forecast is studied from 2018 to 2026.
The market size and estimations are based on a comprehensive analysis of key developments in the influenza treatment industry.
A qualitative analysis based on innovative products facilitates strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the influenza treatment market
๐ฒ๐ฌ๐ ๐ญ๐ฐ๐ต๐ซ๐ฐ๐ต๐ฎ๐บ ๐ถ๐ญ ๐ป๐ฏ๐ฌ ๐บ๐ป๐ผ๐ซ๐
โข Oseltamivir phosphate occupied more than two-fifth share of the global influenza treatment market in 2018.
โข The others segment in distribution channel pharmacy segment is anticipated to grow with the highest CAGR throughout the forecast period.
โข The others segment in product type accounted for more than two-fifth share of the market in 2018.
โข Asia-Pacific is anticipated to grow at the highest rate during the analysis period, followed by LAMEA.
๐ฒ๐๐๐ ๐ด๐๐๐- https://www.alliedmarketresearch.com/influenza-treatment-market-A06106
๐ถ๐๐๐๐ ๐ป๐๐๐๐ ๐๐๐ ๐น๐๐๐๐๐๐ ๐๐ ๐ณ๐๐๐ ๐บ๐๐๐๐๐๐ ๐ซ๐๐๐๐๐
๐ป๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ https://www.alliedmarketresearch.com/trauma-implants-market-A17527
๐ต๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐ ๐ช๐๐๐ ๐ด๐๐๐๐๐ https://www.alliedmarketresearch.com/neonatal-intensive-care-market-A17086
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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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