Seasonal influenza is caused by viruses known as influenza A, B, C, and D. These names refer to the four types of viruses, and each has a different way of entering the human body. For example, an A virus can be transmitted through the air, while B is most often transmitted through secretions from the nose or mouth. C is the most commonly caught form of the disease but does not usually spread from person to person. Influenza A viruses are the only influenza viruses known to cause flu pandemics, i.e., global epidemics of flu disease.
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High prevalence of acute respiratory infections is expected to propel growth of the seasonal influenza vaccines market. For instance, the study, ‘Viral and Bacterial Etiologies of Acute Respiratory Infections among Children under 5 Years in Senegal’, published in the journal Microbiology Insights, in February 2018, found that adenovirus was the most prevalent (50%) among selected virus species, followed by influenza virus, rhinovirus, enterovirus, and respiratory syncytial virus.
Emergence of Covid-19 is expected to offer lucrative growth opportunities for players in the seasonal influenza vaccines market. For instance, globally, as of 4:25pm CET, 2 December 2020, there have been 63,360,234 confirmed cases of COVID-19, including 1,475,825 deaths, reported to the World Health Organization. Moreover, many people are getting flu shots along with COVID testing, which is also expected to aid in growth of the market. For instance, in December 2020, Tarrant County, TX, U.S., partnered with pharmacies at Kroger and Tom Thumb to help provide free flu vaccines for uninsured residents.
Moreover, increasing awareness about flu is also expected to aid in growth of the seasonal influenza vaccines market. For instance, in September 2019, the Wisconsin Department of Health Services (DHS) announced a new community outreach and education funding opportunity for community organizations in order to increase awareness about the flu and the number of Wisconsinites getting flu vaccines.
Major Players in Seasonal Influenza Vaccines Market
Sanofi S.A., CSL Limited, GlaxoSmithKline Plc., and Medimmune, LLC. Key players in the market are involved in strategic mergers and acquisitions, to cater to increasing demand for these vaccines.
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