Flu Treatment Market Share, Growth, Size, Opportunities, Trends, Overview, Leading Company Analysis and Application
To make Flu Treatment Market report of supreme quality, consistent efforts of enthusiastic, dynamic and skilled researchers and analysts have been utilized. This result into actionable ideas, better decision-making and better business strategies. It simplifies the flow of information for better user understanding. The most appropriate, unique, and creditable global market analysis report has been brought to valuable customers and clients depending upon their specific business needs. Besides, the market share of major competitors on global level is also studied where key areas such as Europe, North America, Asia Pacific and South America are taken into account in the winning Flu Treatment Market analysis report.
Flu Treatment Market research report is an ideal guide to attain an information or key data about market, emerging trends, product usage, motivating factors for customers, competitor strategies, brand positioning, customer preferences, and customer behavior.
Data Bridge Market Research analyses a growth rate in the flu treatment market in the forecast period 2023-2030. The expected CAGR of flu treatment market is tend to be around 5% in the mentioned forecast period. The market is valued at USD 1047.16 million in 2022, and it would grow upto USD 1547.13 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Overview:
Flu which is also called influenza is a common type of viral infection. The common symptoms of flu are chills, muscle aches, fever, headaches, runny nose, cough and others. In case of flu, the respiratory tract is manly affected. There are four major types of influenza viruses: influenza A, influenza B, influenza C, and influenza D. The most common types of influenza virus responsible for seasonal flu each year are type A and B.
Opportunities
- Increasing Government Initiatives
The increasing government initiatives to combat flu and develop accurate tests will complement the market growth. For instance, Qorvo Biotechnologies was awarded a USD 4.1 million worth contract from the National Institute of Health in February 2022 to accelerate the process of developing the COVID-19/Flu Combo assay and its antigen test. The funds will be used in several clinical trials and market launches of the products. Thus, this factor boost the market growth.
- Rising Prevalence of Influenza Cases in Elderly Population
The increasing base of the elderly population increases the probability of a higher occurrence rate of flu. Thus, one of the WHO’s recommendations to prevent influenza cases is to vaccinate elder individuals aged above the age of 65 years. In 2018-19, about 55% of hospitalization because of the flu was accounted for by the elderly population, i.e., 65+ years adults. Likewise, 75% of flu-related deaths are among older adults. Therefore, the low immune system of older adults makes them more susceptible to the flu virus. Thus, this boost the market growth
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Key players operating in the flu treatment market include:
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Bristol-Myers Squibb Company (U.S.)
- AstraZeneca (U.K.)
- GSK plc (U.K.)
- Lilly (U.S.)
- Merck & Co., Inc. (U.S.)
- Novartis AG (Switzerland)
- Pfizer Inc. (U.S.)
- Sun Pharmaceutical Industries Ltd. (India)
- NATCO Pharma Limited (India)
- Mylan N.V. (U.S.)
- Sanofi (France)
- Bayer AG (Germany)
Flu Treatment Market Scope
Types
- Type A
- Type B
- Type C
Medication
- Antiviral drugs
- Antihistamines
- Analgesics
- Others
Route of Administration
- Oral
- Parenteral
- Others
End User
- Hospitals
- Homecare
- Specialty Clinics
- Others
Distribution Channel
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
Key Advantages of the Report:
- This study provides an analytical overview of the industry, including current trends and future predictions to identify potential investment opportunities.
- The report offers insights into key drivers, limitations, and prospects, along with a comprehensive market share analysis.
- The report quantitatively assesses the current market, shedding light on its growth prospects.
- A Porter’s five forces analysis gauges the bargaining power of buyers and suppliers in the market.
- The report delivers an in-depth market analysis that considers competitive dynamics and forecasts the future competitive landscape.
What to Anticipate from the Report – A 7-Point Guide:
- The report delves into the holistic strategy and innovation within the market ecosystem.
- It highlights prominent market drivers and obstacles, providing clarity on technological standardization and regulatory frameworks.
- The report evaluates various implementation models and examines numerous use cases.
- Serving as a valuable resource, the report offers essential industry insights, showcasing information on new investments, stakeholders, relevant contributors, and market participants.
- Through the forecast period, the report conducts a thorough market analysis, referencing historical developments, ongoing events, and future growth prospects.
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