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Swine Flu Vaccination Global Market Report 2024 - By Demand, Size, Share, Trends And Analysis, Outlook By 2033
Swine Flu Vaccination Market
As per the report, the swine flu vaccination market size has grown strongly in recent years. It will grow from $13.01 billion in 2023 to $13.99 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The swine flu vaccination market size is expected to see strong growth in the next few years. It will grow to $18.76 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.
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Government Immunization Initiatives Impact On The Growth Of Influenza Vaccinations
The government initiatives toward vaccination programs are expected to propel the growth of the swine flu vaccination market going forward. Government initiatives toward vaccination programs refer to policies and actions undertaken by governments to promote and facilitate vaccination campaigns. The swine flu vaccination incentivizes governments to prioritize immunization programs by providing necessary vaccines and resources to combat outbreaks effectively, bolstering public health initiatives. For instance, in October 2021, according to reports published by the Centers for Disease Control and Prevention, a US-based national public health agency responsible for controlling the introduction and spread of infectious diseases, Flu vaccination rates increased significantly in the 2020-2021 season, with 50%-55% of adults receiving a vaccination, compared to 48% in the previous year. Also, the government has allocated 9.3 million doses of adult influenza vaccine to establish a stockpile in case of supply issues. Therefore, the increasing government initiatives toward vaccination programs are driving the growth of the swine flu vaccination market.
Innovative Vaccine To Strengthen Position In Swine Flu Vaccination Market
Major companies operating in the swine flu vaccination market are focused on developing innovative products such as the quadrivalent influenza vaccine, to strengthen their position in the market. A quadrivalent influenza vaccine is a type of flu vaccine designed to protect against four different influenza virus strains. For instance, in March 2024, Cadila Pharmaceuticals, an Indian-based pharmaceutical company, announced the launch of the cutting-edge quadrivalent influenza vaccine, Cadiflu Tetra, to prevent influenza. The Cadiflu Tetra Vaccine is a quadrivalent formulation targeting four influenza virus subtypes A and B strains. Its nano-sized particle technology mimics the virus's external structure, enhancing efficacy and safety without containing intact genetic material. This advanced approach improves protection against multiple influenza strains, offering a technologically superior solution for preventing seasonal epidemics.
The swine flu vaccination market covered in this report is segmented -
1) By Vaccine Type: Intranasal, Toxoid, Conjugate, Inactivated Vaccine, Attenuated Vaccine, Other Vaccine Type
2) By Treatment Type: Influenza, Meningococcal, Cervical Cancer, Pneumococcal, Hepatitis, Measles, Mumps, Rubella
3) By End User: Hospital, Clinic, Other End User
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Major companies operating in the swine flu vaccination market are Pfizer Inc., Roche Holding AG, Merck & Co. Inc., Sanofi S.A., AstraZeneca Plc, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Mylan N.V., Moderna Inc., Baxter International Inc., Zoetis Inc., Elanco Animal Health, Cipla Inc., Lupin Ltd., Virbac S.A, Sinovac Biotech Ltd., Serum Institute of India Private Limited., Vetoquinol S.A, IDT Biologika GmbH*, Bharat Biotech International Limited, Medicago Inc., Panacea Biotec, Hipra
Contents of the report:
1. Executive Summary
2. Swine Flu Vaccination Market Report Structure
3. Swine Flu Vaccination Market Trends And Strategies
4. Swine Flu Vaccination Market - Macro Economic Scenario
5. Swine Flu Vaccination Market Size And Growth
…..
27. Swine Flu Vaccination Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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