SOURCE: MarketResearch.com

MarketResearch.com

November 02, 2011 08:08 ET

Influenza Vaccines Market to Grow 5.8% Annually Through 2011

ROCKVILLE, MD--(Marketwire - Nov 2, 2011) - MarketResearch.com has announced the addition of the new report "Influenza Vaccines Therapeutics - Pipeline Assessment and Market Forecasts to 2018," to their collection of Vaccines market reports. For more information, visit http://www.marketresearch.com/GlobalData-v3648/Influenza-Vaccines-Therapeutics-Pipeline-Assessment-6620154/

The report estimates that the global influenza vaccines market was valued at $3,525.1m in 2011, and is forecast to grow at a Compound Annual Growth Rate (CAGR) of 5.8% over the next seven years, to reach $5,242.9m in 2018.

The moderate growth of the market is due to the increasing awareness among people about the importance of vaccination against influenza, and the approval of new influenza vaccines. The universal immunization recommendation by the Advisory Committee on Immunization Practices (ACIP) and several government awareness vaccination programs would help to increase the vaccination coverage for influenza.

The upcoming influenza vaccines include seasonal vaccines such as FluBlok and MEDI-3250, pandemic and pre-pandemic (mainly H5N1) vaccines such as Flu (Pre) Pandemic Vaccine, H5N1 pandemic influenza vaccine and Vepacel, and universal influenza vaccines such as BVX-M001, MVA-NP+M1, Flu-v and others.

The influenza vaccines market is also set to witness the launch of quadrivalent vaccines such as Fluzone QIV, and adjuvant vaccines such as JVRS-100 with Fluzone and IC31 Seasonal Influenza Vaccine. The pipeline also includes vaccines with different routes of administration, such as oral vaccine (Avian Influenza (H5N1) Oral Vaccine), nasal vaccine (Influenza Intranasal Vaccine), vaccine in the form of nasal dry powder (GelVac), and vaccine patch (Pandemic Influenza Vaccine Patch).

For more information, visit http://www.marketresearch.com/GlobalData-v3648/Influenza-Vaccines-Therapeutics-Pipeline-Assessment-6620154/

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