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INFLUENZA THERAPEUTICS MARKET ANALYSIS

Influenza Therapeutics Market, by Drug Type (Antivirals (Oseltamivir, Zanamivir, Peramivir, and Baloxavir Marboxil) and Vaccines (Quadrivalent Flu Vaccines and Trivalent Flu Vaccines)), by Virus Type, (Influenza Virus Type- A and Influenza Virus Type-B), by Age Group (Adult and Pediatrics), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI2443
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market Challenges And Opportunities

Influenza Therapeutics Market: Restraints

Influenza vaccines have several limitations including relatively long production times, limited vaccine capacity, moderate efficacy in certain people, and lack of cross-reactivity, which is projected to restrain growth of the influenza therapeutic market during the forecast period. Moreover, increasing concerns among people about the side effects of vaccines hamper growth of the influenza therapeutic market. For instance, in October 2018, according to the National Opinion Research Centre (NORC) at the University of Chicago survey, around 43% of the adults were vaccinated and 14% plans to receive the flu shot. However, around 41% of the American people reported that they are not vaccinated and do not intend to get vaccinated, as adults were most likely to cite concerns about side effects of the vaccine.

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