Global H1N1 Vaccines Market Projected To Grow At A CAGR Of About 5.6% During 2019–2025

08-Jan-2021 | Zion Market Research

According to Zion Market Research, the global H1N1 vaccines market is anticipated to advance at a CAGR of around 5.6% during the forecasted period 2019–2025. A biological formulation made from weakened or killed microorganisms is known as a vaccine. It includes an agent that is similar with a disease-provoking microorganism. The swine H1N1 virus or H1N1 influenza virus is a causative agent of transmittable disease in human beings generally referred to as swine flu. The H1N1 virus primarily impacts the respiratory system, counting the lungs, nose, and throat of the infected person. In the last few years, the virus has caused a global pandemic. H1N1 vaccines are governed for active immunization from protection against the H1N1 influenza virus. A key driving factor of the global H1N1 vaccine market is a surge in the prevalence of infections around the world. As per the WHO’s (World Health Organization) 2018 factsheet estimates, approximately 290,000–650,000 casualties are reported every year from all kinds of influenza infections (counting influenza A i.e. H1N1). Globally, almost 3 to 5 million cases of serious viral influenza infections are identified every year.

Some of the prominent contenders in the global market are GlaxoSmithKline, Medimmune, Novartis, AstraZeneca plc, Sinovac Biotech, Sanofi AG., Commonwealth Serum Laboratories, Baxter, and Zydus Cadila.

Augmenting Incidence Of Swine Flu And Novel Vaccine Technologies To Boost The Global H1N1 Vaccines Market

The augmentation in awareness amongst doctors & end-users concerning disease prevention and administrative initiatives toward reshaping health is expected to boost the market in the future. Furthermore, a stable clinical pipeline of H1N1 vaccines adds to the expansion of the market. Nevertheless, stringent regulations and a lack of awareness obstruct the development of the global H1N1 vaccine market. Lately, the augmenting incidence of swine flu and innovative vaccine technologies are some of the key driving factors for the H1N1 vaccines market. Additionally, intensified research related to vaccine technologies and significant government support is driving this market. The absence of skilled professionals and lack of awareness are limiting the development of the H1N1 vaccine market. In addition, strict regulations and high capital requirements are also obstructing the expansion of the global market for H1N1 vaccines. The developing countries such as China and India are focusing on the discovery of novel products with a higher focus on efficiency in the field of biomedical science, which is likely to present good opportunities to the contenders in the H1N1 vaccines market.

The global H1N1 vaccines market is bifurcated on the basis of route of administration and regional analysis. Based on the route of administration, the market is divided into intradermal vaccines, intranasal vaccines, and intramuscular vaccines.

The North America Region Predicted To Become Major Market For H1N1 Vaccines

Based on geographical analysis, the global H1N1 vaccines market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America region is anticipated to be the major market for the H1N1 vaccine accompanied by Europe owing to the established research organization across this region. Whereas, the Asia Pacific region is projected to grow fast over the estimated period, due to the surging awareness concerning the diseases, increasing cases of this infection, and augmenting administrative support in countries such as India and China is likely to fuel the growth in this region.

Browse the full “H1N1 Vaccines Market - By Route Of Administration (Intradermal Vaccines, Intranasal Vaccines, And Intramuscular Vaccines), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/h1n1-vaccines-market

The global H1N1 vaccines market is segmented as follows:

By route of administration:

  • Intradermal Vaccines
  • Intranasal Vaccines
  • Intramuscular Vaccines

By region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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