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Impact Of Rising Influenza Prevalence On The Growth Of The Afluria Quadrivalent Market Driver: Leading Transformation in the Afluria Quadrivalent Market in 2025

02-18-2025 06:10 AM CET | Health & Medicine

Press release from: The Business Research Company

Afluria Quadrivalent Market Size

Afluria Quadrivalent Market Size

What Are the Projected Growth and Market Size Trends for the Afluria Quadrivalent Market?
The market size for afluria quadrivalent has witnessed a Compound Annual Growth Rate of $XX in the past few years. Forecasts predict an escalation from a worth of $XX million in 2024 to $XX million in 2025, positing a Compound Annual Growth Rate (CAGR) of $XX%. The growth experienced in the previous duration has occurred due to the surging occurrences of chronic and infectious diseases, an increase in public understanding of vaccination benefits, greater numbers in the elderly population, improved vaccination rates facilitated by the government, and higher consumer inclination towards vaccines.

Predictions for the forthcoming years suggest the afluria quadrivalent market size will witness a significant surge with an expected $XX. It's projected to reach a valuation of $XX million by 2029, expanding at a compound annual growth rate (CAGR) of $XX%. The growth during this projection period can be credited to several factors such as initiatives by governmental authorities and healthcare providers to advocate for vaccination, developments in vaccine technology, enhanced investments from manufacturers to modernize conventional vaccine production, a rising inclination for quadrivalent vaccines among healthcare professionals, and the execution of various programs and strategies aimed at promoting vaccine adoption. The forecast period also promises impressive trends including the formulation of creative solutions, sophisticated technology offering superior protection against viral mutations, innovative vaccine technologies like adjuvanted or quadrivalent vaccines, in addition to persistent research and development in the vaccine technology field.

What Is Driving the Growth Trajectory of the Afluria Quadrivalent Market?
The afluria quadrivalent market's growth trajectory is anticipated to be positively influenced by the escalating prevalence of influenza. Influenza, an infectious respiratory illness triggered by influenza viruses, can result in an array of symptoms from mild to severe, such as fever, cough, and body aches. Components like the virus's annual mutation, seasonal environmental conditions, and limited vaccination coverage in certain demographics are fueling the rising prevalence of influenza. Afluria Quadrivalent is pivotal in this scenario, offering resistance against four active flu strains, hence diminishing infection risk and softening the blow of seasonal outbreaks. For instance, data from the UK Health Security Agency, a government entity in the UK, reveal an uptick in influenza positivity rates in week 46 of November 2024, with a weekly average of 3.9%, up from 3.3% the preceding week. The age group 5-14 exhibited the highest positivity rates, with the weekly average jumping to 11.6% from the previous week's 8.8% (week 45). Consequently, the afluria quadrivalent market is likely to burgeon owing to the escalating prevalence of influenza. Looking at afluria quadrivalent market growth from another perspective, surging birth rates are projected to fuel its advancement. The reasons for this surge in birth rates are manifold, encompassing enhanced healthcare, government schemes, and evolving societal norms. An increased number of births translates into a larger pediatric population requiring vaccination. Consequently, as birth rates ascend, healthcare systems must vaccinate more children against influenza, generating a heightened demand for vaccines like the Afluria Quadrivalent. To illustrate, data from the Australian Bureau of Statistics, an Australian government agency, for October 2024 showed 24,737 births amongst the Aboriginal and Torres Strait Islander community registered in 2023, marking a rise of 349 babies from 2022. Therefore, the afluria quadrivalent market's growth momentum is being driven by rising birth rates.

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Which Leading Companies Are Shaping the Growth of the Afluria Quadrivalent Market?
Major companies operating in the afluria quadrivalent market include Seqirus Inc.

What Are the Major Trends Shaping the Afluria Quadrivalent Market?

What Are the Key Segments of the Afluria Quadrivalent Market?
The afluria quadrivalentmarket covered in this report is segmented -

1) By Clinical Indication: Seasonal Influenza Prophylaxis; High-Risk Population Immunization; Pediatric Influenza Prophylaxis; Healthcare Worker Immunization
2) By Route Of Administration: Injection; Nasal Spray
3) By Age Group: Adults; Geriatric; Pediatrics
4) By Distribution Channel: Hospital And Retail Pharmacies; Government Suppliers; Other Channels
5) By End-User: Hospitals; Public; Private; Clinics; Other End-Users

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Which Region Dominates the Afluria Quadrivalent Market?
North America was the largest region in the afluria quadrivalent market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the afluria quadrivalent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Afluria Quadrivalent Global Market Report?

- Market Size Analysis: Analyze the afluria quadrivalent Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the afluria quadrivalent market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall afluria quadrivalent market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the afluria quadrivalent market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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