The global influenza virus infection market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2024-2031). Increased awareness of the impact of influenza on human health, and the corresponding increase in R&D activities for the launch of novel medications, are two of the key factors for the market growth. Due to the seriousness and possible risk of influenza, various governmental and non-governmental organizations have launched influenza awareness campaigns. As a result of these endeavors, there is a higher awareness of the need for new treatment alternatives.
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Additionally, major agencies such as the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO), have sponsored and continue to undertake flu awareness programs. With a robust pipeline of vaccines, prominent market companies, and significant government support, therapeutically effective vaccinations have become more accessible. For instance, in May 2021, Seqirus, which is developing a cell-based quadrivalent seasonal influenza vaccine for children aged six months to four years, announced positive phase-Ill clinical data results. On the other hand, the impact of strict regulatory requirements combined with a lengthier time frame for conducting clinical trials is expected to hamper product development.
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Market Coverage
Segment Covered-
- By Treatment
- By Influenza Type
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Genentech, Inc., Shionogi & Co., Ltd., Seqirus, Biocryst Pharmaceutical, Inc., GlaxoSmithKline plc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Influenza Virus Infection Market Report Segment
By Treatment
- Baloxavir Marboxil
- Oseltamivir Phosphate
By Influenza Type
- Influenza A
- Influenza B
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
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