Magnetic Resonance Imaging (MRI) Systems Market to Witness Widespread Expansion During 2020-2027

 The global Magnetic Resonance Imaging (MRI) Systems market is expected to be of value USD 5 Billion in 2023 and to grow at a depict 3.5% CAGR during the forecast period.  Magnetic resonance imaging (MRI) systems is a non-invasive technique in which light is used to interrogate cellular and molecular function in the living body by exploiting the special properties of photons. Magnetic resonance imaging (MRI) systems are surpassing the radiology imaging market due to its myriad advantages over it. This market is mainly driven by rising demand for non-invasive procedures, harmful effects of radiation-based imaging, increase in research and development activities in the life sciences sector, and increasing application of magnetic resonance imaging (MRI) systems techniques in drug discovery processes and preclinical research, Moreover factors such as rising geriatric population which leads to increase in cardiovascular, neurological and ophthalmic disorders is also fueling the growth of this market. However, the market growth is restricted by factors such as stringent regulatory approval procedures high costs of instruments, scarcity of skilled operators, and insufficient reimbursements policies for magnetic resonance imaging (MRI) systems procedures.

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Segmentation

The global magnetic resonance imaging (MRI) systems market is segmented on the basis of type, field strength, disease application and end-user.

Considering the type, the market is segmented into open MRI, closed MRI, standard bore MRI, wide-bore MRI.

On the basis of field strength, the market is segmented into high-field MRI systems, 1.5t MRI systems, 3t MRI systems, low-to-mid-field MRI systems, very-high-field MRI systems, and others.

On account of disease application, the market is segmented into spine and musculoskeletal MRI, brain and neurological MRI, pelvic and abdominal MRI, breast MRI, cardiovascular MRI, and others

According to the end-user, the market is segmented into diagnostic imaging centers, hospitals and clinics, research laboratories, and pharmaceutical &biotechnology companies.

Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East And Africa. Americas region is segmented into North America and South America. Similarly, Europe is segmented into Western Europe and Eastern Europe.

Key Players

Market Research Future (MRFR) recognizes the following companies as the key players in the magnetic resonance imaging (MRI) systems market trends. Some of the players are Hitachi, Siemens AG, Canon Medical Systems, GE Healthcare, Philips, Toshiba Corporation, Toshiba Corporation, Xingaoyi, Aurora Imaging Technologies, Inc.

Regional Analysis

Americas is the market leader and has an attractive market for magnetic resonance imaging (MRI) systems owing to increasing prevalence of cardiovascular, neurological and ophthalmic disorders pertaining to rising geriatric population which is a major trigger factor for this disease. Additionally, factors such as increasing government initiatives and funding for research in medical devices sector, rising demand for accurate diagnosis, awareness about adverse effects of radiation imaging, ability to provide in-depth images of soft tissues and vascular systems and presence of pharmaceutical giants also propel the market growth in this region.

Europe accounts for the second largest market and holds a healthy share in the global magnetic resonance Imaging (MRI) systems market due to major driving factors like availability of advanced treatment facilities, increasing healthcare expenditure, good healthcare infrastructure and flourishing medical device industry due to the presence of major market players. Additionally, knowledge about the benefits of Magnetic Resonance Imaging (MRI) Systems over radiation imaging and capability of inhabitants to afford the diagnostics is spurring the market growth.

Asia Pacific is expected to be the fastest growing market with most promising growth possibilities. According to a report published by the department of neurology in 2014, it is estimated that for the current population of 1.27 billion, approximately 30 million people suffer from neurological disorders in India. Thus, owing to the huge patient pool, a faster adaptation of healthcare technology, government initiatives to increase the healthcare quality, availability favorable insurance policies market growth will be accelerated during the forecast period.  Moreover, due to lower cost of clinical trials and research key players have been setting up their regional headquarters and manufacturing plants in Singapore, China, Japan, Korea, and Australia which make a positive growth curve in  Magnetic Resonance Imaging (MRI) Systems market in future.

The Middle East & Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access and availability of treatment facilities. In the Middle East, the United Arab Emirates and Saudi Arabia is the largest market share owing to the development of healthcare industry and rising availability of specialty care centers. But the market might show steady growth due to and government initiatives to improve quality of healthcare in this region.

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Neurocutaneous Disorder Market Revenue and Value Chain 2020-2027

 The neurocutaneous syndrome is a group of neurologic disorders of brain, spine, and the peripheral nervous system. These diseases are lifelong conditions that may induce a tumor growth inside the skin, organs, skeletal bones, brain, and spinal cord.

These disorders are usually genetic and arise due to abnormal cell development at the embryo stage. The result is characterized by the development of tumors in various parts of the body. Even though some can be diagnosed at birth, most of them do not display symptoms until late. These syndromes cannot be cured, but various treatments can assist to manage the symptoms and any health concern. Lately, significant advances have been made by the use of DNA testing to confirm these syndromes in some people.

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The three most common types of neurocutaneous syndromes are Tuberous sclerosis (TS), Neurofibromatosis (NF): Type I, Type II, and schwannomatosis, and Sturge-Weber disease.

Tuberous sclerosis (TS) is a non-cancerous growth that occurs in organs such as brain, eyes, kidneys, heart, lungs, bones, and skin. There is a 50% chance of children to develop TS if the parent is affected by it. Moreover, the Sturge-Weber Syndrome (SWS) causes malformations relating to the face, eye, and brain. It is estimated that about 1 in 20,000 to 50,000 live births may be affected with the Sturge-Weber syndrome.

Increasing government initiatives for ensuring the early diagnosis is supposed to be a significant driver of the market. Moreover, many guidelines are issued by government organizations to promote awareness related to effective prevention measures, globally. All these factors are expected to contribute to the market growth throughout the forecast period. Moreover, concerns regarding the safety of reprocessed instruments and stringent regulations for sterilization equipment manufacturers and service providers are factors hampering the market growth.

Global neurocutaneous disorders market size is expected to have a CAGR of approximately 6.5% during 2017 to 2023.

Regional Analysis

The global neurocutaneous disorder market consists of regions, namely, the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas dominated the global neurocutaneous disorder market owing to constant technological innovations due to the increasing competitiveness among key players to meet the growing demand for drugs that can minimize the symptoms and the increasing number of surgical procedures in the region. Moreover, the first line of the treatment usually includes medication to control seizures and to address any skin problems or formation of tumors. Further surgery can be performed to remove these tumors.

The European region is the second largest market for global neurocutaneous disorders due to the adoption of new therapies, skilled medical professionals, and availability of advanced treatment facilities. Besides, the increase in awareness about chromosomal disorders coupled with the increasing procedure for tumor removal and the penetration of key players in the region are factors that drive the market growth of neurocutaneous disorders in emerging countries of Asia Pacific. Besides, the growing initiatives of the World Health Organization (WHO) in countries such as India, China, and Japan are likely to foster the strengthening of major Asian countries in the future.

The Middle East and Africa is projected to show steady growth in this market due to the increasing prevalence of Tuberous Sclerosis Complex (TSC) along with the demand for advanced diagnosis in remote areas.

Segmentation

The global neurocutaneous disorder market has been segmented on the basis of type, diagnosis, treatment, and end-user.

On the basis of type, the global neurocutaneous disorder market can be segmented into Tuberous Sclerosis (TS), Neurofibromatosis (NF), Sturge-weber syndrome disease, Ataxia-Telangiectasia (A-T), Von Hippel-Lindau disease (VHL), and others.

Neurofibromatosis (NF) is further divided into Neurofibromatosis type 1 (NF1), Neurofibromatosis type 2 (NF2), and schwannomatosis. The Sturge-weber syndrome disease is divided into type-1, type-2, and type-3.

On the basis of diagnosis, the global neurocutaneous disorder market can be segmented into skull radiography, Magnetic Resonance Imaging (MRI), Computed Tomography (CT) scan, Electroencephalogram (EEG), genetic tests (blood testing), biopsy, and others.

On the basis of treatment, the global neurocutaneous disorder market can be segmented into medication, laser therapy, surgical procedures, and others.

Medication is further divided into antiepileptic, beta-antagonist eye drops, carbonic anhydrase inhibitors, adrenergic eye drops, miotic eye drops, and others. Surgical procedures are further divided into focal cortical resection, hemispherectomy, corpus callosotomy, trabeculectomy, filtration surgery, cyclocryotherapy, Vagal Nerve Stimulation (VNS), and others.

On the basis of end-user, the global neurocutaneous disorder market is segmented into hospitals and clinics, diagnostic centers, and others.

Key Players

Some of the key players in the global neurocutaneous disorder market are Valeant Pharmaceuticals International, Inc. (U.S.), Allergan (U.S.), Syneron Medical Ltd (U.S.), Medtronic Plc (U.S.), Cutera, Inc. (U.S.), St Jude Medical, Inc. (U.S.), Pfizer Inc. (U.S.), Novartis AG (Switzerland), Abbott Laboratories Inc. (U.S.), UCB S.A. (Belgium), Sanofi SA (France), Shire Plc (Ireland),  F. Hoffmann-La Roche AG (Switzerland), Aleva Neurotherapeutics SA (Switzerland), Johnson & Johnson (U.S.), and others.

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Home Healthcare Market – Comparative Analysis by 2027

 The global home healthcare market is anticipated to expand at  8.1% CAGR from 2019 to 2027 (forecast period), according to the latest report by Market Research Future (MRFR). Home healthcare is an increasing viable option being preferred by patients owing to increasing healthcare costs and the burgeoning geriatric population. Home healthcare provides a range of services including physical therapy, speech therapy, occupational therapy, and skilled nursing. The digitization of data has made it simpler for patients to contact physicians and clinicians and gain an accurate diagnosis from the comforts of their home.

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Technological advances in healthcare and diagnosis equipment and government initiatives encouraging home healthcare are likely to fuel market demand in the forthcoming years. Taking a cue from patient demands, players such as Philips have launched wireless solutions. This is evident by the introduction of CarePoint 5.0, a easy-to-use nurse call system for senior citizens in assisted living facilities and bedridden patients recuperating at home. But concerns regarding patient safety can impede market growth.

Home Healthcare Market Overview

The report covers the latest trends affecting the home healthcare industry  to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts can make highly astute projections. MRFR’s report includes a thorough analysis of the global home healthcare market segmented by product, service, software, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.

The growing geriatric population in the market will support the growth. As per market analysts, the home healthcare market based companies will face certain challenges during the forecast period 2019 to 2027. The market research report provides in-depth analysis of the product, service, software, and region segments. The market research report presents factors such as the rise of IoT that could slow down the market's growth.

Market Segmentation

The home healthcare market has been segmented into product, service, software, and region. Based on the segment which is the product, the home healthcare market is categorized on the basis of therapeutic products and others. The global market for home healthcare is further segmented based on service into respiratory therapy service, skilled nursing services, and others. Furthermore, the market, on the basis of software, is segmented into telehealth solutions, clinical management systems, and others.

The market report offers comprehensive study of the market segments including product, service, software, and region. The analysts have also studied the market's spread across the regional markets across many of the market’s segments at country levels. The product, service, software, and region segments spread across the market along with the subsegments are studied. The global home healthcare market for home healthcare is spread across various product and service based segments. The market research report highlights these key segments and offers forecasts based on primary and secondary data. The global home healthcare market research report presents key company profiles of organizations active across the market.

Regional Overview

Concerns regarding safety and authenticity of treatment may hinder the home healthcare market growth. The market research report suggests that companies in the market could be supported by new revenue sources being utilized by market players as well as the growing investment during the forecast period. The market is set to register growth at a high CAGR owing to these key factors. The market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per market analysts, the home healthcare market is set to witness tremendous growth across product, service, software, and region segments. The global market’s North American region covers markets across the United States, Mexico, Canada, and others. Businesses present in the market are also profiled and their strategies have been presented in detail in the market research report.

The home healthcare market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the market research report provides details about the APAC region covering markets from China, India, Australia, Japan, and others. The market is also active across several other parts of the world. The market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global home healthcare market.

Competitive Landscape

Home healthcare has seen tremendous growth, due to growing prevalence of diseases and development of modern technologies. However, lack of infrastructure and high cost associated with products and services would challenge the companies active in the market. Furthermore, companies using growth strategies to stay ahead in the global home healthcare market are expected to help the market during the forecast period 2019 to 2027. As the market report suggests that the market will register a CAGR of 8.1% and reach a US$4,14,681.2 million by 2023, the market report highlights key areas market based companies need to focus on. The home healthcare market research report projects a long term growth till 2027. Based on market’s analysis on the basis of SWOT and Porters’ Five Force Model, the market will rise during the forecast period 2019 to 2027, however the companies need to move ahead with caution. The market research report highlights such key areas.

Industry News

The agency is seeking to develop relationships with clinics and health departments, the organisations have just reported. Bayada Home Health Care will purchase a Visiting Nurse Group Health Care fellow home health provider. The home health, hospice and physician services departments of the Holmdel Association of Visiting Nurses will be incorporated into Bayada's operations, while the community chair of the Bayada Hospice Wellbeing and the hospice Specialties, including all the hospital relationships, is served by Dr Steven Landers, President and CEO of VNAHG.

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Retinal Detachment Market Size, Share, Top Region, Key Players, Application, Status and Forecast 2027

 Retinal Detachment Market analysis by MRFR expected to exhibit significant growth over the forecast period. The market is projected to register a CAGR of 6.2% over the forecast period and is estimated to reach USD 2,892.5 Million by 2025.

Retinal detachment is a critical situation of the eye wherein a thin layer of tissue (the retina) at the back of the eye pulls away from its normal position. This condition separates the retinal cells from the layer of blood vessels that provides oxygen and nourishment to the eyes.

Factors such as the rising cases of retinal detachment and growing technological advancements are expected to drive the market growth. Furthermore, the rise in the number of eye surgeries is also expected to drive the market growth.

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However, the high price of retinal surgery instruments, limited availability of skilled professionals, and lack of awareness in the developing economies are expected to hamper the market growth.

Segmentation

The Global Retinal Detachment Market has been segmented into Condition Type, Treatment, End User, and Region.

Based on condition type, the global retinal detachment market has been divided into rhegmatogenous retinal detachment, tractional retinal detachment, and exudative retinal detachment.

The global retinal detachment market, by treatment, has been segmented into photocoagulation (laser surgery), cryopexy (freezing), pneumatic retinopexy, scleral buckling, and vitrectomy.

The global retinal detachment market, by end-user, has been segmented into hospitals & clinics, specialty centers, and others.

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The retinal detachment market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.

The European retinal detachment market has been segmented into Western Europe and Eastern Europe. The market in Western Europe has further been classified into France, Germany, Spain, the UK, Italy, and the rest of Western Europe. 

The retinal detachment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.

The Middle East & Africa retinal detachment market has been segmented into the Middle East and Africa.

Regional Market Summary

Geographically, the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market in the Americas is anticipated to dominate the retinal detachment market owing to the increasing patient population suffering from retinal detachment and growing awareness regarding the condition in the region.

Europe is expected to hold the second-largest position in the global retinal detachment market owing to the increasing geriatric population and the well-developed infrastructure.

Asia-Pacific is expected to be the fastest-growing regional market owing to the rising patient population suffering from retinal detachment and an increasing number of eye surgeries.

The retinal detachment market in the Middle East & Africa is expected to hold the least market share owing to the poor healthcare infrastructure.

Key Players

Carl Zeiss Meditec AG (Germany), Meridian AG (Switzerland), IRIDEX Corporation (US), Ellex Medical Lasers Ltd (Australia), FCI (US), Millennium Surgical Corp. (US), BVM Medical Limited (UK), Lombart Instrument, Inc. (US), and Welch Allyn (US) are some of the key players operating in the global retinal detachment market.

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Trends in the Acute Myeloid Leukemia Treatment Market 2020-2027

 Acute myeloid leukemia (AML) is a cancer of the myeloid blood cells, causing extreme and rapid growth of abnormal white blood cells of the bone marrow. The rapid buildup of abnormal white blood cells causes interference in the production of normal blood cells. AML has a propensity to increase towards age. Replacement of normal bone marrow with cancer cells causes a drop in blood constituents such as red blood cells, platelets, white blood cells etc. which causes symptoms such as fatigue, breathlessness, easy bruising and bleeding, and increased risk of infection. The market driving factors for acute myeloid leukemia (AML) are rise in risk factors such as exposures to carcinogens such as ionizing radiation, chemicals etc. Presence of other blood disorders and genetics is also involved for the higher risk of AML. Other market drivers are increasing number of cancer hospitals, greater awareness, good reimbursement scenario etc. The market constraints are poor cure rates of the present drugs, serious side effects of the drugs etc.

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Considering all these factors the market for acute myeloid leukemia treatment is expected to reach $ 1.2 billion by the end of 2023, this market is projected to growing at a CAGR of Approx 5.3 % during 2017-2023.

Key players of Global Acute Myeloid Leukemia Treatment Market

Key players profiled in the report are Johnson & Johnson, Pfizer Inc., Celgene Corporation, Ambit Biosciences Corporation, Cyclacel Pharmaceuticals Inc. Novartis AG and Sanofi, Bristol Myers Squibb and others.

Segments

The global acute myeloid leukemia treatment market is segmented on the basis of disease type. Based on the disease type, the market has been segmented as myeloblastic, promyeloctic, myelomonocytic, monocytic, erythroleukemia and megakaryocytic. Based on the treatment, the market has been segmented as chemotherapy, and hematopoietic stem cell transplantation. Chemotherapy is further sub-segmented into induction and post remission.

Intended Audience

• Global acute myeloid leukemia treatment solutions providers.
• Research and development (R&D) companies
• Market research and consulting service providers
• Academic institutes and universities

Regional Analysis

US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and presence of large hospitals. Asia pacific region will be the fastest region because of large unmet needs which will be led by China and India. The Middle East and Africa market will be led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa is expected to be a laggard due to poor economic and political conditions.

The report for Global Acute Myeloid Leukemia (AML) Therapeutics Market by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Sterilization Technology Market Analysis and Value Forecast Snapshot by End-use Industry 2020-2023

 Market Overview

The global sterilization technique market is predicted to touch a valuation of USD 8.14 billion with an astonishing CAGR of 8.20% during the assessment period (2018-2023), reports Market Research Future (MRFR).

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Market Dynamics

Sterilization technology is in high demand all over the world. Furthermore, as the prevalence of chronic disease increases, so will the demand for surgical procedures, raising the market for sterilization technology. Patient protection is a significant priority that all healthcare providers must strive for. As a result, healthcare providers should keep medical instruments and equipment sterile to prevent patient-acquired infections as a result of any diagnostic, clinical, or surgical procedures performed in the hospital. Furthermore, as sterilization technology is the most commonly used equipment in all specialty, multi-specialty, and super-specialty hospitals, rising concern about access to secure and quality healthcare is driving the demand for sterilization technology. The number of surgical procedures has increased dramatically as a result of rising personal healthcare expenditures and a well-structured healthcare system. Several surgical instruments are used in these operations, and the risk of contracting diseases during the operation is high. As a result, sterilization is necessary to protect patients' health.

Technological advances play an important role as well. Steam, ethylene oxide (EO), ionizing radiation (gamma or E-beam), low-temperature steam and formaldehyde, and dry heat (hot air) have all undergone significant improvements to become more precise and dependable. Recent additions such as ultraviolet light have given the advancing sterilization industry a major boost.

Higher costs of sterilization equipment and devices, on the other hand, could stifle market growth during the forecast period. Furthermore, the cost of sterilization equipment maintenance and replacement parts could limit market growth. Thermal sterilizers, for example, are constantly in need of steam, electricity, and water, all of which add to the cost. Furthermore, strict regulations can stifle market expansion. Before going into full-fledged production, manufacturers need component approvals, which can be time-consuming.

Segmental Analysis

The global sterilization technology market can be segmented by type, process, and end-user.

Type-wise segmentation includes ionizing radiation, filtration, thermal sterilization, ethylene oxide, and others. Because of its high penetration, the intensity of the radiation dose, and exposure duration, ethylene oxide (EO) has the largest market share. During the forecast period, the EO market is projected to hit USD 3.82 billion. However, its negative health effects may boost the demand for ionizing radiation, which is expected to rise and catch up to EO.

By process, the market is segmented into physicochemical, synergetic processes, chemical process, and physical processes. By 2023, the chemical process is projected to generate the most revenue, with a value of USD 5.67 billion.

Based on the end-user, the market comprises hospitals and clinics, the pharmaceutical industry, and medical device manufacturers. During the review period, the pharmaceutical sector is projected to bring in the most revenue.

Regional Analysis

Geographically the global sterilization market covers namely the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa.

The Americas dominated the global market in 2017, producing 40.1 percent of sales, and are projected to continue to do so over the forecast period. The market is being driven by the growing prevalence of chronic diseases and the increasing number of patients admitted to hospitals for surgical procedures. In addition, the area has a well-developed healthcare system with better facilities and cutting-edge technology, resulting in better surgical outcomes. Because of concerns about patient safety and preventing infection, there is a growing demand for sterilization technology around the world. Furthermore, as the demand for surgical procedures grows, so does the demand for sterilization technology, boosting the market's growth. Because of the numerous applications in pharmaceuticals, the increasing need for sterilization technology, and the involvement of major market players, North America is projected to be the largest market for sterilization technology.

Because of the benefits it reaps from growing healthcare expenditures, an aging population, and the involvement of a number of major market players, Europe is closely following the lead. The demand for technical innovation in sterilization technology is growing, which involves a variety of sterilization systems and processes.

APAC has developed a plethora of opportunities for business expansion. The area has a large population base, including a sizable geriatric population. At the same time, healthcare costs are increasing as a result of the introduction of emerging technology that enhance outcomes. Governments are also investing aggressively in research and growth, improving business opportunities.

Competitive Analysis

Advanced Sterilization Products Services Inc., Donaldson Company, Inc., Steris Plc, and The 3M Company are market leaders sharing among them the maximum percentage of the global market. Among others influencing the market are Atec Pharmatechnik GmbH, Sterile Technologies Inc. Feldmeier Equipment Co., Donaldson Co. Inc., and Beta Star Life Science Equipment.

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Influenza Vaccines Market: Facts, Figures and Analytical Insights, 2020 to 2025

 Market Research Future (MRFR) assessed the global influenza vaccines market 2020 through the review period till 2025. As per MRFR study, the influenza vaccine market is expected to register 6.53% CAGR through the study period. By 2025, the influenza vaccine market value is likely to touch USD 7,828.3 Mn by 2025. The COVID 19 pandemic is expected to contribute significantly to the upsurge of the influenza vaccine market owing the the panic induced by the contagion SARS-CoV-2 and its mutating strains. The surge in demand for vaccination to restore and enhance public health from infectious virus can favor the global influenza vaccines market in the foreseeable future. Moreover, the growing cases of avian flue can contribute to the increasing sales influenza vaccines that can benefit the market.

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Market Drivers and Restrains

The infection of the upper respiratory airway induced by an influenza virus is commonly called as flu, characterized by high fever, coughing, headache, sore throat, and sneezing. The increase in number of people diagnosed with different strain of influenza is creating the need for effective diagnosed to deliver best treatment regimen. Recently, influenza epidemics are also recorded across several regions. Thus, the increasing awareness about such infections have resulted in the launching of effective measures by both government and global healthcare leaders to boost community health. The increase in  funding for research and development undertaking to boost preparedness for epidemic and introduce product that can offer better influenza management can add to the market impetus.

Segment Assessment of Global Influenza Vaccination Market  

The segment assessment of the global influenza vaccines market is based on influenza Type, End User, Manufacturing Technology, and Vaccine Type.

The influenza type-based segments of the global influenza market are zoonotic and seasonal. The seasonal segment can rise at high pace owing to the rise in epidemic in certain region over a period of time in a year.

The manufacturing technology-based segments of the influenza market are egg-based, recombinant-based, and cell culture-based. The recombinant-based segment can acquire high revenue from the market owing to the introduction of several innovation by reputed biotechnology companies focusing on improve health and quality of life of people. The cell-culture based manufacturing technology can be gain traction. 

The vaccine type-based segments of the global influenza vaccines market are quadrivalent vaccines and trivalent vaccines. The trivalent vaccines segment is expected to thrive due to its convenience.

The end user-based segments of the global influenza vaccines market are hospitals and clinics, academic institutions, and research organizations among others. The academic institution segment can benefit the global influenza vaccines market, following the hospitals and clinics segment.

Regional Analysis of Global Influenza Vaccination Market  

North America is expected to head the global influenza vaccination market in terms of market size. The high prevalence of influenza and hike in per capita healthcare expenditure can drive North America influenza vaccination market in the near future. The existence of well-developed economies, such as Canada and the U.S. can garner decent revenue for the influenza vaccination market in the near future. The expansion of the ageing population and their high susceptibility to infectious ailments are causes contributing to the increasing demand for influenza vaccine that can prompt the growth of the influenza vaccination market.

In Europe, the influenza vaccination market can garner decent profit owing to the easy availability of funds for research to develop effective solutions to the increasing number of flu epidemics. Companies, such as Novartis AG and F. Hoffmann-La Roche Ltd, are influence EU influenza vaccination market.

In Asia Pacific, the influenza vaccination market can acquire high revenue for the global market in the assessment tenure. India and Japan are introducing favourable government healthcare policies for the expanding geriatric population that can promote the market surge. 

In The Middle East and Africa region, the influenza vaccination market is expected to experience a sluggish growth. This is due to the several socioeconomic constrains. Latin America influenza vaccination market can witness passive surge due to the gradual development of the medical and technical setup in the region.

Key Influenza Vaccination Market Players 

Abbott (U.S.), AstraZeneca (Europe), Novartis AG (Europe),  BioCryst Pharmaceuticals, Inc. (U.S.), GlaxoSmithKline plc. (Europe). DAIICHI SANKYO COMPANY, LIMITED. (Asia Pacific), Hualan Biological Engineering Inc (Asia Pacific),  F. Hoffmann-La Roche Ltd (Europe), Mitsubishi Tanabe Pharma Corporation (Asia Pacific), Paxvax Corporation (U.S.), and Sanofi (Europe) are some top-notch companies that are enlisted by MRFR to gain insights into the global influenza vaccination market.

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