Influenza Medication Market Research Report and Forecast up to 2025 Influenza Medication Market - Global Industry Anal | Page 2

segment is anticipated to expand at a significant CAGR during the forecast period
due to the rising tendency of population for self-medication in developing countries.
Based on distribution channel, the global market is divided into hospitals, clinics,
pharmacies, and others. The hospitals segment dominated the influenza medication
market in 2016 due to positive reimbursement policies for manufacturers and rise in
incidence of hospitalization for pneumonia type of influenza infections. However,
the pharmacies segment is anticipated to lead the market in terms of revenue
during the forecast period, owing to the FDA approval of OTC products and rise in
per capita income of the population.
Geographically, the global influenza medication market is divided into five major
regions: North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. North America held a large market share in terms of revenue in 2016 owing
to the establishment of R&D units by key players in developed countries. Rise in
prevalence of influenza infections such as H1N1 and government participation in
prevention and control of such infectious diseases are anticipated to boost the North
America market during the forecast period. However, Asia Pacific is expected to
witness a high growth rate during the forecast period, which is attributed to the
rising concern about the prevention of infectious diseases in highly populated
countries such as India and China.
Major players operating in the global influenza medication market include Bristol-
Myers Squibb, Eli Lilly and Company, AstraZeneca, F. Hoffmann-La Roche Ltd.,
GlaxoSmithKline plc, Novartis AG, Pfizer Inc., Bayer AG, Sanofi, Celgene Corporation,
and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
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