According to the latest market report published by Credence Research, Inc. “Influenza Therapeutics Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025” the global Influenza therapeutics market was valued at US$ 6001.2 Mn in 2016, and is expected to reach US$ 1204.1 Mn by 2025, expanding at a CAGR of 7.8% from 2017 to 2025.
Browse the full report Influenza Therapeutics Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/influenza-therapeutics-market
Global influenza market will grow significantly during forecast period due to growing incidence of influenza worldwide, government initiatives in awareness and diagnostic programs are primarily driving the growth of influenza therapeutics market globally. For the purpose of study market is segmented on the basis of therapy type such as vaccines (trivalent and quadrivalent) and $@!#% (zanamivir, oseltamivir, peramivir and other). Currently, influenza vaccines (also known as flu shots or jabs) dominating the global influenza market because government initiative for vaccination is prime factor that driving the growth of influenza vaccine market globally; The World Health Organization (WHO) and Centers for Disease Control and Prevention (CDC), The European Centre for Disease Prevention and Control recommends yearly vaccination for nearly all people over the age of six months, especially those at high risk. In the base year 2016, North America held largest share in global influenza therapeutics market; it is observed that, United States is largest regional market in North America due to factors such as upsurge funding by government, increase in incidence of disease and higher number of geriatric population are driving the market growth in United States. The US government awarded 5 year contracts for more than $1 billion to five drug manufacturers developing technology for speedier mass production of vaccines, it includes GlaxoSmithKline, Medimmune Inc. Novartis Vaccines and Diagnostics, DynPort Vaccine Company, LLC. and Solvay Pharmaceuticals, these all factors are fueling the growth of influenza therapeutics market worldwide.
Market Competition Assessment:
The influenza therapeutics market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as Abbott Laboratories, Astrazeneca PLC., Biocryst Pharmaceuticals, Inc., Chiron Corporation, CSL Limited, Daiichi Sankyo Co., Ltd., Glaxosmithkline PLC., Mitsubishi Tanabe Pharma Corporation, Nanotherapeutics Inc., Protein Sciences Corporation, Roche Holding AG, Sanofi SA, Shionogi & Co., Ltd., Sinovac Biotech Ltd. and other.
Key Market Movements:
- Factors such as rising incidence of influenza, growing geriatric population and upsurge funding by the government for treatment expected to drive the growth of influenza therapeutics market during forecast period.
- However, some factors such as lower healthcare awareness in some developing countries may negatively impacting the growth of influenza therapeutics market globally.
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Name: Chris Smith (Global Sales Manager)
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
- 7Avg Daily Vews
- 1 Day
- 1 Week
- 1 Month
- 2 Months
- 6 Months
- 1 Year