The Influenza Vaccines Market report outlines the evolution of Influenza Vaccines industry by type, applications and identifies and assesses the best performing vendors in the market till 2028. Influenza Vaccines Market reports present the revenue opportunities in the Influenza Vaccines industry through 2022-2028, highlighting the market size and growth by technology, geography, vertical and End users.
Influenza virus causes flu which is a contagious respiratory illness that infects nose, throat and lungs. It can mild or severe and sometimes may lead to death. Flu vaccination every year can help in preventing flu. However, this can be deadly, especially in high-risk groups. Aged population, pregnant women and people with one or more chronic disease or with weak immune systems are at high risk.
Influenza vaccines/flu shots protect against the four influenza viruses’ subtypes that are most common. Most of the influenza vaccines are “flu shots” given with a needle, usually in the arm, but nasal spray flu vaccine are also available.
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Key factors that are driving the growth of this market are the increase in government support to promote influenza vaccination and increasing investment by top market players and governments are expected to drive the market during the forecast period. However, high cost of vaccine development hampers the influenza vaccines market growth.
The influenza vaccines market is majorly comprised of top players involving Moderna, Inc.; SEQIRUS; Sanofi; GlasoSmithKline plc; Hualan Biological Engineering Inc.; Emergent Biosolutions Inc.; Mitsubishi Chemical Group Corporation; Serum Institute of India Pvt. Ltd; Mylan N. V.; and AstraZeneca among others.
The companies listed above are implementing various strategies such as product launches, acquisitions, mergers, and partnerships, which have resulted in the company’s growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position.
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