Global Influenza Market is projected to reach $9.33 billion by 2021 Global Influenza Market is projected to reach $9.3 | Page 2
According to the report “The Global Influenza Market ", published by Market Data Forecast,
the global market is projected to reach USD 9.33 billion by 2021, at a CAGR of 8.54% from
2016 to 2021.
Influenza is a viral infection or infectious disease caused by the virus names “Influenza”,
that attacks your respiratory system like your lungs, nose and throat. Flu is the commonly
used name for Influenza. Influenza resolves on its own for most of the people. But
sometimes, influenza and its complications can be deadly higher risk of developing flu
complications for the people include Young children under 5, and those especially under 2
years,Adults above 65,Pregnant women.
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Influenza viruses are mainly of three types-Type A (H1N1, H2N2, and H5N1, etc.), Type B,
and Type C. It can be either pandemic, seasonal, or zoonotic. Influenza can be fatal if goes
unnoticed and is regarded as a major reason of morbidity and mortality, globally. Some of
the symptoms of influenza are fever, cough, sore throat, runny or stuffy nose, fatigue,
headache, and body ache. The flu occurs infecting 5% to 10% adults and 20% to 30%
children, worldwide on annual basis according to WHO. Nearly, 3 to 5 million people gets
severely infected resulting in 250,000 – 500,000 deaths in a year. Children below 2 years of
age and elderly above 65 years of age are at high risk of developing chronic flu.
The factors influencing the Global Market for Influenza Market, either positively or
negatively are presented in the DROC analysis. Some of the things discussed in the section
are boost in Research & Development investment, rising public awareness, increase in
healthcare expenditure, cost-effectiveness of immunization, introduction of new medicines,
and increasing government initiatives for vaccination against influenza virus.
For granular level understanding The Global Influenza Market is segmented based on the
following categories with Market Size Estimations and Y-o-Y Forecasts presented for each
sub-segment.
1) By product Type:
Introduction
Vaccines
Drugs
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
2) By Type:
Introduction