The influenza vaccines market overview comprises influenza vaccines marketed for both seasonal and pandemic influenza. Influenza vaccines effectively provide immunity against various influenza strains by activating the immune system to produce specific antibodies. It helps prevent the flu or makes symptoms milder if contracted.
The influenza vaccines market is estimated to be valued at USD 8.30 Bn in 2024 and is expected to reach USD 13.43 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Key Takeaways
Key players operating in the influenza vaccines market are Integra LifeSciences Corporation, AbbVie Inc., Johnson & Johnson, HansBioMed, Becton, Dickinson and Company, Cook Group, Smith & Nephew Plc., Reprise Biomedical, Organogenesis Holdings Inc., Tissue Regenix, LifeNet Health, Zimmer Biomet Holdings, Inc., Stryker Corporation, MiMedx Group, PolyNovo Limited, Fidia Pharma USA Inc., Baxter International Inc., In2Bones Global, BioHorizons, Inc., Harbor MedTech, Inc., MLM Biologics Inc., Geistlich Pharma AG, Olaregen Therapeutix, Inc., EnColl Corporation, Kerecis limited, DSM, ACell Inc., 3M, Cell Constructs I, LLC, CG bio Inc., and Marine Polymer Technologies, Inc.
The key opportunities in the influenza vaccines market include new product developments targeting specific age groups and strains, potential pandemic opportunities, increasing government support to promote vaccination programs, and growing healthcare Infrastructure across emerging economies.
Globally, manufacturers are focused on expanding their production facilities and distribution networks across Asia Pacific, Latin America, Middle East, and Africa to tap the high growth opportunities in these regions.
Market Drivers
The high prevalence of influenza globally is the major driver for the Influenza Vaccines Market Demand As per WHO, influenza causes severe illness in about 3-5 million cases annually. The availability of government funding for vaccination programs especially in developed countries promotes market growth. Furthermore, growing awareness regarding influenza vaccination benefits and initiatives to promote immunization rates support the influenza vaccines market expansion.
PEST Analysis
Political: Government Influenza Vaccines Market Size And Trends intervention and international funding on vaccine development through programs and regulations. Focus on preventive healthcare.
Economic: Boost in healthcare expenditure. Opportunity for companies to invest in R&D. Vaccine demand expected to rise with awareness.
Social: Growing public health concern regarding influenza outbreaks. Higher vaccine uptake due to health consciousness.
Technological: Advancements in vaccine production technologies. Continuous innovations to address virus mutations.
The United States represents the largest geographical market for influenza vaccines in terms of value, accounting for over 40% share in 2024. Factors such as high healthcare spending, large patient population and rising awareness levels contribute to its leading position.
Asia Pacific region is expected to emerge as the fastest growing regional market for influenza vaccines between 2024-2031. Growing middle class population, increasing government support for vaccination programs and expansion of healthcare infrastructure are driving market growth in countries like China and India. Rising cases of influenza outbreaks also emphasize the need for preventive measures through vaccination in the Asia Pacific region.
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A new market intelligence report released by DPI Research with the title “Global Influenza Vaccines Market 2021 – 2027” is designed to cover micro-level analysis by manufacturers and key business segments.
The Global Influenza Market analysis offers active visions to conclude and study the market size, trends, growth, demand, revenue, market share by company, and competitive backgrounds.
This report also provides SWOT Analysis with potential market opportunities for assessing the Overall Market, underlining opportunities, and supporting strategic and tactical decision-making for companies and individuals.
Some of the key players profiled in the study are Sanofi Pasteur, GlaxoSmithKline (GSK), Seqirus (CSL Limited), AstraZeneca, Mylan, BioDiem, Novavax, Medicago, Moderna Inc, Pneumagen, Daiichi–Sankyo, Altimmune, FluGen, Imutex, EpiVax, Versatope Therapeutics, Inc., Gamma Vaccines Pty Ltd., BiondVax Pharmaceuticals Ltd., Hualan Biological Engineering Inc., Shanghai Institute of Biological Products Co., Ltd. Get Download Exclusive PDF Sample Copy of this Report to understand the structure of the complete Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://dpiresearch.com/request-a-free-sample-report/ DPI Research analysts predict: The number of persons being vaccinated with influenza vaccines worldwide will touch the figure of 500 Million by the year-end of 2027.Market growth can be attributed to factors such as increased disease awareness, expanded recommendations by governmental and advisory bodies to be vaccinated against influenza vaccines, the introduction of quadrivalent influenza vaccines, increase in the size of the elderly population in most of the countries.Long–term Growth Projection:The global influenza vaccines market size is set to surpass US$ 6.5 Billion by the year-end of 2021Influenza vaccines demand is expected to increase in the forecast periodThe United States influenza vaccines market is projected to grow with a significant CAGR in the forecast periodIn Japan, the influenza vaccines market holds a rewarding growth opportunity for the future as the demand for the vaccine is growing significantlyThe Chinese influenza vaccines market is expected to record a value of nearly US$ 180 Million by the year-end of 2027Europe is anticipated to be the fastest-growing market during the forecast periodThe United Kingdom and Germany are the leading revenue generators of the marketEmerging players backed by technological advancements are developing vaccines that offer a more realistic experienceKnow more details about Global Vaccine Market click here @ https://dpiresearch.com/reports/global-influenza-vaccines-market-analysis/ Key Features of the Study:The Market Size of the Global Influenza Vaccines Market with Six Years ForecastThe Market Size of the Regional and National Influenza Vaccines Market with Six Years ForecastScrutinizes the Global Overall Persons Being Vaccinated with Influenza VaccinesScrutinizes the Regional and National Persons Being Vaccinated with Influenza VaccinesDelivers a Latest Happenings in the Global Influenza Vaccines MarketDetailed Insights of the Regulatory Framework Including the Approval Process and an Overview of the Regulatory Authorities in the United States, EU, and JapanProvides Key Trends with Respect to Collaboration Deals, Merger & Acquisitions, Distribution, Exclusive and Licensing AgreementReviews Most Recent Clinical Trials of the Influenza VaccinesA Comprehensive List of the Key Players Along with the Analysis of their Current Vaccines Portfolios, Promising Vaccines in the Clinical Development, Sales Value Analysis, and Recent DevelopmentAn Insightful Analysis of the Emerging Players Along with the Analysis of their Promising Vaccines in the Clinical Development, Phase, Platform Technology, and Recent Development The Report Analyses the Market Based on Countries and Presents the Forecast in Terms of Value and Volume for the Next Six Years.
Twenty-One Major Markets(21MM) Covered in the Report are as follows: United StatesCanadaBrazilGermanyFranceItalySpainUnited KingdomNetherlandsSwedenDenmarkPolandNorwayFinlandIrelandBelgiumAustraliaNew ZealandJapanChinaIndia The Report Provides a Comprehensive Analysis of Company Profiles Listed Below: Sanofi PasteurGlaxoSmithKline (GSK)Seqirus (CSL Limited)AstraZenecaMylanBioDiemNovavaxMedicagoModerna IncPneumagenDaiichi–SankyoAltimmuneFluGenImutexEpiVaxVersatope Therapeutics, Inc.Gamma Vaccines Pty Ltd.BiondVax Pharmaceuticals Ltd.Hualan Biological Engineering Inc.Shanghai Institute of Biological Products Co., Ltd.
How much will this market be worth from 2020 to 2027?How many persons being vaccinated with influenza vaccines globally during 2015 – 2027?Which country is expected to hold the highest market share in the global influenza vaccine market?What are the main drivers and restraints in the global influenza vaccines market?What are the major deals happenings in the global influenza vaccines market?Who are the top players and what are their activities, revenue, recent developments, and prospects?What are some of the most prominent influenza vaccines currently in development?
