Influenza Medication Market is Likely to Reach US$ 2,012.6 Million by the End of 2025
Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24038
According to TMR, the global influenza medication market, which stood at US$1,699.7 mn in 2016, is likely to reach US$2,012.6 mn by the end of 2025, expanding at a moderate 1.4% CAGR during this time. Based on distribution channel, the pharmacies segment held lead with a share of 37.2% in the global influenza medication market in 2016. The spike in the number of pharmacy stores worldwide, will enable the segment clock a steady growth through the course of the report’s forecast period. Regionally, North America held lead and within the region the US has emerged as the most lucrative market for influenza medication. The rising adoption of high-cost therapies has spiked prospects for the influenza medication market in North America.
The global influenza medication market thrives on the rising incidence of influenza and infections. If statistics are observed closely, the market is stronger especially in regions that record a higher incidence of flu and other diseases. For instance, CDC found that nearly 5% to 20% of people living in the US are affected with flu each year. Furthermore, nearly 200,000 people are hospitalized every year, while nearly 36,000 die because of complications triggered during flu. Besides such high incidence of illnesses, favorable government policies relating to the prevention and treatment of influenza also supports the market’s trajectory. In emerging regions such as Asia Pacific, the influenza market is likely to gain from the rising incidence of ailments and availability of healthcare facilities at a low cost.
Enquiry for discount on this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=24038
As per recent studies, the global influenza medication market chiefly gains momentum from the increased spending on various immunization programs. Besides this, research and development activities conducted by the market players aimed at launching novel therapeutics will enable the market gain strength in the coming years. In addition, government schemes spreading awareness regarding influenza virus, and rising knowledge about the availability of influenza drugs will enable the market maintain a steady pace through the forecast period.
On the downside, patent expiry of blockbuster drugs pose threat to the global influenza medication market. The looming patent expiries have created an environment conducive to the growth of generic counterparts. Given the scenario, the market is likely to witness the entry of generic drugs in the coming years, which does not bear a good news. Also the rising awareness regarding the side-effects of anti-influenza therapies pose considerable threat to the global influenza medication market.
Report Overview @ https://www.transparencymarketresearch.com/influenza-medication-market.html
To counter the impending threats, the market players are increasingly focusing on research and development. However, lengthy clinical trials and stringent approval processes in several countries are acting as hindrances. In the coming years, these challenges can be mitigated with focused research targets and investment in correct sectors. Also government support will prove much favorable for the global influenza medication market in the coming years.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Influenza Medication Market is Likely to Reach US$ 2,012.6 Million by the End of 2025 here
News-ID: 971449 • Views: 160
More Releases from Transparency Market Research
Automotive Lubricants Aftermarket Top Leading Vendors: ExxonMobil Corporation, B …
The global automotive lubricants aftermarket was valued around US$ 82 Bn in 2016 and is anticipated to expand at a CAGR of 4% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled 'Automotive Lubricants Aftermarket - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2026.' Lubricant is a substance that is made up of base fluids and additives. A typical lubricant composition consist
Laser Doppler Vibrometer Market Top Leading Vendors: ONO SOKKI, OMS Corporation, …
A Laser Doppler Vibrometer (LDV) is a scientific instrument that is used to make non-contact vibration measurements of a surface. The laser beam from the Laser Doppler Vibrometer (LDV) is directed at the surface of interest, and the vibration amplitude along with frequency are extracted from the Doppler shift of the reflected laser beam frequency due to the motion of the surface. The output is a continuous analog voltage which
IT Operations and Service Management (ITOSM) Market Top Leading Vendors: Microso …
As organizations become decidedly clearer about investing in more agile IT infrastructure, players in the IT operations and services management (ITOSM) market are compelled to be highly responsive to this change, a new report by Transparency Market Research finds. To this end, the change in the ITOSM competitive landscape is already evident. The future of IT operations and service management will increasingly be defined by the sharp focus on an unmatched
Pet Grooming Market Top Leading Vendors: Bob Martin, BOSHEL, Leonard F. Jollye, …
The pet grooming market is expanding at a firm pace owing to the accessibility of frequent moveable pet groomers who deliver pet grooming activities as per the convenience of pet owners. The pet grooming market is expanding rapidly owing to the cost and convenience of the mobile groomer facilities. The process is efficient and saves time, proving to be suitable for pets and pet owners and eliminates the need to
More Releases for TMR
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the