Influenza Medication Market was valued US$ XX Bn in 2018 and is expected to reach US$ 477.84 Bn by 2027, at CAGR of XX% during forecast period of 2019 to 2027.
Influenza Medication Market
Influenza Medication Market Drivers and Restrains:
Influenza medication contain antiviral drugs that are used in reaction to disease influenza. Influenza (flu), is a viral infection that attacks respiratory system like nose, throat and lungs. It is a viral infectious disease that includes three major types like A, B, and type C. The common symptoms of the disorder are cold, cough, fever, and sore throat, which can be severe or mild. The major classes of antiviral drugs used against influenza are neuraminidase inhibitors, such as zanamivir and oseltamivir, or inhibitors of the viral M2 protein, such as amantadine and rimantadine. These drugs can decrease the severity of symptoms and to reduce the risk of infection.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
The unmet medical needs within the annual influenza epidemics along with strong R&D focus resulting in new and advanced treatments and drugs, and increasing demand due to government stockpiling that are major driving factor of the market growth. For example, According to the CDC, nearby X% to XX% of the population is affected with the flu in the U.S. every year. Moreover, an expected XX people are hospitalized due to flu infection in the U.S. every year; of these XX% die due to flu complications. Favorable policies for treatment and prevention of influenza by the government in developed regions. These are the major drivers in the growth of influenza medication market. Patent expiry of key drugs and entry of generics and side effects of anti-influenza drug therapy are hamper the market growth globally.
Influenza Medication Market Segmentation Analysis:
Based on the distribution channels, the influenza medication market has been segmented into pharmacies, hospitals and clinics. The pharmacies segment held the largest share accounting around XX% share of global market in 2018 owing to increase in the number of pharmacy stores Patients discharged from hospitals or clinics with an influenza treatment plan to use influenza medication for a prescribed treatment duration prefer online or retail pharmacy purchase. The hospitals segment is hold the substantial market share of XX% in 2018. Hospitals normally preferred distribution channel segment, as the patients with HIV and cardiovascular disease related with Influenza. In hospitals, increasing incidence of influenza in-patients drives the growth of this segment.
Based on the product, the influenza medication market has been segmented into zanamivir, oseltamivir, peramivir, amantadine, rimantadine, and inosine. The oseltamivir segment held a significant share of XX% in the global market in 2018 owing to the rising use of oseltamivir in the treatment of flu triggered by H1N1 virus and prophylaxis.
Influenza Medication Market Regional Analysis:
Geographically, the influenza medication market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the largest share of the Influenza medication market in 2018. The U.S. lead the Influenza medication market in North America owing to increasing acceptance of advanced and high-cost drug therapies, increased treatment rate, and favorable reimbursement policies in the country. The market in Asia Pacific is expected to expand at a high CAGR of XX% during the forecast period due to major contribution from developing countries, availability of low cost treatment and availability of better health care facilities. Increase in the number of public awareness programs for prevention and diagnosis of chronic diseases such as influenza has significantly reduced the incidence of influenza in Asia Pacific. China and India are highly populated countries with the maximum number of influenza patients making them major contributor to the growth of the market in Asia Pacific.
Influenza Medication Market Competitive landscape
Major Key players operating in this market are Daiichi Sankyo Company, GlaxoSmithKline plc, Natco Pharma, F. Hoffmann-La Roche Ltd., Teva Pharmaceutical Industries Ltd. Manufacturers in the Influenza Medication are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.
The objective of the report is to present comprehensive analysis of influenza medication market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding influenza medication market dynamics, structure by analyzing the market segments, and project the influenza medication market size. Clear representation of competitive analysis of key players by product type, price, financial position, product portfolio, growth strategies, and regional presence in the influenza medication market make the report investor’s guide.
Scope of the Influenza Medication Market:
Influenza Medication Market, by Product type:
• Zanamivir
• Oseltamivir
• Peramivir
• Amantadine
• Rimantadine
• Inosine
Influenza Medication Market, by Distribution Channel:
• Hospitals
• Clinics
• Pharmacies
Influenza Medication Market, by Region:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Influenza Medication Market, Major Players:
• Daiichi Sankyo Company
• GlaxoSmithKline plc
• Natco Pharma
• F. Hoffmann-La Roche Ltd.
• Teva Pharmaceutical Industries Ltd.
• Sandoz International GmbH
• Sun Pharmaceutical Industries Ltd.
• Mylan, Inc.
• Emirates SkyCargo
• Sanofi
• Merck
• Pfizer
• Novarties
• Seqirus
• Speedy Hire PlcFor More Information Vist: https://www.maximizemarketresearch.com/market-report/influenza-medication-market-industry-analysis-and-forecast-2027/36647/
Report Is Submitted By : Maximize Market Research Company
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et Research:
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Contact info
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
This Report Is Submitted By : Maximize Market Research Company
Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.
Contact: +919607195908 8989132284
Global Syringe and Needle Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of 7.8% during a forecast period.
Market Definition
Syringes and Needles are sterile devices used to inject solutions into the body. Syringes and needles are also used to segregate various types of body fluids, such as tissues from joints and blood from veins.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Market Dynamics
The Research Report gives a detailed analysis of the drivers and restraints in the Syringe and Needle Market. The main factors boosting the growth of global syringe and needle market is growing government funding to support clinical trials, rising occurrence of chronic ailments, acceptance & demand for safety syringes and needles over conventional reusable syringes and needles, up surging geriatric population, partnerships between biopharma companies and CROs, and investments in R&D that are resulting from these partnerships. Key market players are conducting extensive research and development activities worldwide to introduce syringes and needles with maximum precision and safety, which in turn, is promoting the market demand.
Global Syringe and Needle Market Segment analysis
Based on Usability, the Disposable Syringe segment is expected to grow at a CAGR of 5.8% during the forecast period. The syringes that are used by clinicians only once to inject medicines for the treatment of diseases. These syringes and needles are cost-effective and are ready to use in a sterilized condition that reduces the chances of contamination and spread of infection to the patient. These syringes are aided in monitoring the spread of AIDS in individuals. The Disposable Syringe market is mostly driven by rising demand for these syringes for giving medication through intravenous or intramuscular ways for treating the diseases. Disposable syringe market is the wide market with huge potential because of the growing R&D for developing new chemicals that are used in the manufacturing of these syringes, and continuous clinical trials to also boosting market growth.
Global Syringe and Needle Market Regional analysis
The North America region has dominated the market with US$ XX% Mn in 2019 thanks to several government legislative improvements whose purpose is to provide regulatory guidelines to manufacturing companies. The initiatives are taken by various organizations aimed at the eradication of blood-borne infections propelling the growth of the market. According to the American Diabetes Association, the annual healthcare cost in the U.S. increased by 26% during the last five years due to increased diabetes incidences.
Besides, the growth in medical technology has facilitated the east availability of a different variety of needles and brought more specialization in the industry, consequently fueling market growth. For example, the U.S. needle stick safety and prevention Act provides specific regulatory guidelines to syringe and needle manufactures for the development of safety needles. The most important country-specific markets in this region are the United States of America (USA) and Canada.
Country-wise Analysis
Some macroeconomic factors and internal market forces will shape the growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America, and the Middle East which will grow at a CAGR of XX%.
Key Developments and Acquisitions
• In Apr 30th, 2019 B. Braun through their collaboration with Schreiner MediPharm, they launched the first FDA-approved prefilled heparin syringe with an integrated needle protection device.
• In April 24, 2019 — B. Braun Medical Inc. launched Heparin Sodium Injection, USP - the first Heparin 5,000 USP Unit / 0.5 mL prefilled syringe with attached safety needle for subcutaneous and intravenous use in the United States.
• In sept. 10, 2019 - B. Braun Medical Inc launched of Onvision, a breakthrough ultrasound guidance solution for real-time needle tip tracking in regional anesthesia. Available on the latest version of the B. Braun and Philips Xperius ultrasound system, Onvision gives anesthesiologists the confidence to accurately position the needle tip inside the body.
The objective of the report is to present a comprehensive analysis of the Global Syringe and Needle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Syringe and Needle Market dynamics, structure by analyzing the market segments and project the Global Syringe and Needle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Syringe and Needle Market make the report investor’s guide.
Scope of the Global Syringe and Needle Market
Global Syringe and Needle Market, by Type
• Disposable Syringe And Needle
• Reusable Syringe And Needle
Global Syringe and Needle Market, by Application
• Cardiovascular
• Dental
• Diagnostic
• General Surgery
• Neurology
• Ophthalmology
• Orthopedics
• Respiratory
• Others
Global Syringe and Needle Market, by End-User
• Hospitals and Clinics
• Home Care
• Other
Global Syringe and Needle Market, by Regions
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa (MEA)
Key Players operating the Global Syringe and Needle Market
• Braun Medical
• Covidien
• Terumo
• Smith’s Medical
• Albert David
• Connecticut Hypodermics
• Alcon Laboratories Incorporated
• Becton, Dickinson & Company
• Light Medical Products Co., Ltd.
• Medtronic plc.
• Retractable Technologies Inc.
• Parker Dayton Technology Suzhou Co., Ltd.
• Terumo Corporation
• Speedy Hire PlcFor More Information Vist: https://www.maximizemarketresearch.com/market-report/global-syringe-and-needle-market/54138/
Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Mark
et Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
This Report Is Submitted By : Maximize Market Research Company
Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.
Contact: +919607195908 8989132284
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