<< Neurosurgical journals influence neurosurgeons and their patients | Allergan to jointly promote its adjustable gastric band for bariatric surgery with Covidien >>
Read in | English | Español

Key trends driving the global influenza vaccines market

Published on January 18, 2010 at 8:04 AM · No Comments

Research and Markets (http://www.researchandmarkets.com/research/8c11de/influenza_vaccines) has announced the addition of GlobalData 's new report "Influenza Vaccines - Pipeline Analysis and Market Forecasts to 2016" to their offering.

“Influenza Vaccines - Pipeline Analysis and Market Forecasts to 2015”

Influenza Vaccines - Pipeline Analysis and Market Forecasts to 2016

GlobalData, the industry analysis specialist's new report, "Influenza Vaccines - Pipeline Analysis and Market Forecasts to 2015", is an essential source of information and analysis on the global influenza vaccines market. Key trends shaping and driving the global influenza vaccines market are clearly identified in the report. The report provides an insight into the prevalent competitive landscape and the emerging players expected to bring about a significant shift in the market positioning of the existing market leaders. Most importantly, valuable insights into the pipeline products within the global Influenza vaccines sector are also provided.

Influenza Vaccines Market is forecast to Show High Growth till 2016

GlobalData estimates the global Influenza vaccines market to be worth $2.8 billion in 2009. It is forecast to grow at a CAGR of 12.7% to reach $6.4 billion by 2016. This high growth forecast is primarily attributed to the increase in patient population, a result of increasing world population, and the need to get vaccinated each year. This growth will be further supported by increased production capacities of companies to cater to the rising demand. The strong product pipeline will complement the existing products by providing effective options to the people.

Current Vaccination Options are Highly Successful in Meeting Market Demands

GlobalData found that the products currently in the market are highly efficacious in providing protection against the disease with minimum side-effects. All the marketed products provide high seroprotection rates and seroconversion rates against the disease. The key products like Fluzone, Fluvirin, Fluarix, FluLaval etc. are able to satisfy the demands of the influenza vaccines market. The unmet need arises from the fact that vaccination against one strain of virus may not provide protection against other strains of the influenza virus. More importantly, the virus strains tend to change every year, and hence people would have to get vaccinated for protection against the new virus each year.

Strategic Competitor Assessment of the Influenza Vaccines Market, January 2010

Unmet Need in the Influenza Vaccines Market is Very Low, Mostly Characterized by Niche Segments

Comments
The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News-Medical.Net.



  Country flag

biuquote
  • Comment
  • Preview
Loading