MARKET OUTLOOK
According to an analysis, the influenza vaccines market in Asia-Pacific is likely to flourish at a CAGR of 6.63% in the projected period 2019-2028.Australia & New Zealand, South Korea, India, China, Japan, ASEAN countries and the Rest of APAC together form the Asia-Pacific’s influenza vaccines market.
The high prevalence of influenza, rising healthcare expenditure and enhancements in healthcare access in countries like India and China are primarily driving the growth of the influenza vaccines market. For example, the Department of Biotechnology, Government of India and the European Commission, have together launched a flagship call on the next generation influenza vaccine. Both these organizations have committed a funding of EUR 15 million for the joint project proposals. These rising initiatives by the government regarding the development programs of the influenza vaccine are contributing to the growth of the influenza vaccines market.
There are subsidized immunization programs conducted primarily for the aged population in countries like Japan, South Korea and Australia, which is contributing towards the regional market growth. Also, the growing demand for effective vaccines that can prevent diseases like influenza is also instigating the market growth in Asia-Pacific. The escalating birth rates and aging population, coupled with the rising awareness among the people regarding the vaccine in India and China, are helping increased demand for the influenza vaccine in the region in the next few years.
COMPETITIVE OUTLOOK
The major players in the influenza vaccines market are GlaxoSmithKline Plc, CSL Limited, Abbott, Sanofi and BioDiem.Table of Contents
1. Asia-Pacific Influenza Vaccines Market - Summary
2. Industry Outlook
3. Influenza Vaccines Market Outlook - by Type
4. Influenza Vaccines Market Outlook - by Technology
5. Influenza Vaccines Market Outlook - by Age Group
6. Influenza Vaccines Market Outlook - by Delivery Mode
7. Influenza Vaccines Market – Asia-Pacific
8. Competitive Landscape
9. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Merck Sharp & Dohme Corp
- Novartis AG
- Pfizer Inc
- Sanofi
- Biodiem
- Emergent Biosolutions Inc
- F. Hoffmann-La Roche Ltd
- GlaxoSmithKline plc
- Abbott
- CSL Limited