Published Date : Mar 06, 2017
ALBANY, New York, March 06, 2017: MarketResearchReports.biz has announced the addition of a new market research report to its report repository. The publication is titled, “Seasonal Influenza Vaccines - Current And Future Players.” The study explores the growth trajectory of the market over the last couple of years and the prospects for growth in the coming years. The research publication outlines the factors responsible for the variations in the market and evaluates them meticulously. The effect of certain developments has also been conversed in the research report. It also delivers data on the market shares, marketing strategies, and products of leading companies.
Influenza vaccine is commonly called flu shot and is employed for protecting one against the influenza virus. An influenza vaccine is an amalgamation of basically three types of viruses specifically influenza type B virus strain, influenza type A with H1N1 virus strain, and influenza type A with H3N2 virus strain. Influenza is basically a transmissible respiratory disease caused due to influenza virus causing severe to mild illness. Harshness of the disease may lead to hospitalization or even death. The menace of serious complications related to flu is more among young children, aged people, and also people with certain type of health conditions. As a result of all these serious issues that influenza causes, it is necessary to get immunized each year to immune the body form this virus and avoid being infected.
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The key growth drivers of the seasonal influenza vaccine market are growing awareness among people regarding the occurrence of influenza from pandemic influenza, increasing support from governments, and wide vaccination coverage. Leading players in the market are creating a significant pipeline of products in order to create a strong product portfolio. The research and development pipeline is also moving towards a strong phase with leading vaccine manufacturers acquiring new and advanced technologies and also strengthening their market presence by acquiring or collaborating with medium or small sized biotech firms that have a strong vaccination pipeline. Several companies have there are initiating technological developments and also to create novel vaccines that can trigger revolution in the market.
The key end users of seasonal influenza vaccines are elderlies, adults, adolescents, and pediatrics. Through several channels such as combined retail, retail service, universities, prisons, mail service, hospitals, and clinics, these end users impact the market and benefit the vendors in the other way. Region-wise, Asia Pacific is expected to emerge as one of the most influential regions in the seasonal influenza vaccines market owing to the growing incidences of influenza in the region, mainly in developing countries. To address this issue, initiatives are being taken by companies as well as organization to adopt vaccination. The current and future players that have been discussed in the report are GlaxoSmithKline, AstraZeneca, Novavax, Protein Sciences Corporation, CSL Limited, and Sanofi, among others.
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