Press Release
Press Release
North America holds a significant share of the market for influenza vaccine due to the robust healthcare in the region. As countries such as the United States and Canada provide universal healthcare, the accessibility to influenza vaccines among all socioeconomic classes is increasing, thus augmenting the industry growth. Moreover, the initiation of various favourable initiatives by governments in the region is increasing the demand for optimal immunisation, hence escalating the demand for influenza vaccines. For instance, the Ontario Ministry of Health initiated the 2021/2022 Universal Influenza Immunisation Program (UIIP) to offer free influenza vaccination to individuals six months to 4 years of age. In addition, the heightened awareness regarding the importance of immunisation and vaccination in the region is surging the demand for influenza vaccine, thereby significantly contributing to the overall industry growth.
Pfizer Inc. (NYSE: PPE), one of the leading companies in the market, announced in September 2021 that the first participants were dosed in the Phase 1 clinical trial of a single dose quadrivalent mRNA vaccine against influenza. The trial evaluates the immunogenetic, safety, and tolerability of the vaccine that is developed by leveraging mRNA technology. The vaccine is expected to eliminate challenges of conventional vaccine development and allows for better strain match, improved efficacy, and heightened supply reliability. Moreover, the flexibility of mRNA technology is estimated to significantly boost the manufacturing of mRNA influenza vaccines. The program is also projected to enable the company to initiate the development of several mRNA vaccines for other infectious diseases in the wake of the COVID-19 pandemic. Such initiatives are anticipated to increase the availability and efficacy of influenza vaccines, which is predicted to drive the market growth in upcoming years.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global influenza vaccine market are AstraZeneca plc, Biodiem Limited, CSL Limited, Emergent BioSolutions Inc., F. Hoffmann-La Roche AG, Gamma Vaccines Pty Ltd, GlaxoSmithKline Plc., Merck and Co., Inc., Pfizer Inc., and Sanofi S.A., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.