Global Influenza Market to be Worth USD 6.87 Billion in 2020

Posted April 4, 2016 by alishagonzales

Global influenza market was valued at USD 4.27 billion in 2014 and it’s expected to reach at USD 6.87 billion by 2020, growing at a CAGR of 8.33% between 2015 and 2020.

Zion Research has published a new report titled “Influenz Industry by Product (Influenza Vaccines and Influenza Drugs): Global Market Perspective, Comprehensive Analysis and Forecast, 2014 - 2020.” According to the report, the global influenza market was valued at USD 4.27 billion in 2014 and is expected to reach at USD 6.87 billion by 2020, growing at a CAGR of 8.33% between 2015 and 2020.

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Influenza infection can affect throat, nose as well as lungs. It’s a contagious disease in which three types of viruses includes namely as influenza type A, influenza type B, influenza type C. Seasonal, pandemic and zoonotic or variant are the types of influenza. Trivalent flu vaccines are made to protect against influenza viruses.

Increasing awareness regarding influenza is one of the major driving factors for global influenza market. Moreover, world health organization (WHO) has also come up with a global action plan for influenza vaccination across the globe. However, influenza market is expected to face major challenge from antigenic drift of influenza viruses. Influenza virus continuously evolves at a rapid pace. Additionally, lack of cold storage facilities presents major challenge for the growth of influenza market.
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H1N1 vaccines accounts for major chunk of influenza market with around 79% share of the total market in 2014. Influenza market is also segmented based on drugs and vaccines. Vaccines dominated the influenza market with over 80% share of the market in 2014. It is also expected to be the fastest growing market segment during the forecast period. On the basis of regions, global influenza market has been segmented as Americas, EMEA (Europe, Middle East and Africa) and Asia Pacific. Americas dominated the global market with around 60% share of the global market in 2014. Americas was followed by EMEA and Asia Pacific respectively.

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Some of the key industry participants in global influenza market include AstraZeneca, F. Hoffmann-La Roche, GlaxoSmithKline, Novartis, Sanofi-Pasteur and others. Global influenza market is led by top five companies including AstraZeneca, F. Hoffmann-La Roche, GlaxoSmithKline, Novartis, Sanofi-Pasteur. This five companies accounts for over two third shares of the global market.

This report segments the global influenza market as follows:
Influenza Market - Product Segment Analysis
Influenza Vaccines
Influenza Drugs
Influenza Market – Regional Analysis
EMEA (Europe, Middle East and Africa)
Asia Pacific

Table Of Content:

Chapter 1. Preface
1.1. Report description and scope
1.2. Research methodology
1.2.1. Market research process
1.3. List of abbreviations
Chapter 2. Executive Summary
2.1. Global Influenza Market Revenue, 2014 - 2020 (USD Billion)
2.2. Influenza Market: Snapshot
Chapter 3. Influenza Market – Market Dynamics
3.1. Introduction
3.2. Introduction and Classification
3.2.1. Seasonal Influenza
3.2.2. Pandemic Influenza
3.2.3. Zoonotic or Variant Influenza
3.3. Influenza Season
3.4. Geographical Distribution
3.5. Market Drivers
3.5.1. Increase in Awareness Regarding Influenza
3.5.2. Increase in Industry-Academia Collaborations
3.5.3. Global Action Plan for Influenza Vaccines
3.6. Market Restraints
3.7. Market Trends
3.8. Porter’s Five Forces Analysis

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Phone +1-386-310-3803
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Country United States
Categories Health
Tags influenza market
Last Updated April 4, 2016