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What is the projected market size of the afluria quadrivalent industry, and what is its expected CAGR?
The afluria quadrivalent market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to rising prevalence of chronic and infectious diseases, rising public awareness of the benefits of vaccination, growing geriatric population, increasing vaccination rates by government, and increasing consumer preference for vaccines.
The afluria quadrivalent market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to promoting vaccination by government campaigns and healthcare providers, growing advancements in vaccine technology, increased investments by manufacturers to upgrade traditional vaccination production, increasing preference for quadrivalent vaccines among medical professionals, implementation of various programs and strategies to increase the uptake of vaccines. Major trends in the forecast period include developing innovative solutions, advanced technology providing better protection against virus mutations, innovative vaccine technologies, such as adjuvanted or quadrivalent vaccines, innovative vaccine technologies, such as adjuvanted or quadrivalent vaccines, and ongoing research and development efforts in vaccine technology.
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What external factors are influencing the afluria quadrivalent market’s growth momentum?
The increasing prevalence of influenza is expected to propel the growth of the afluria quadrivalent market going forward. Influenza is a contagious respiratory illness caused by influenza viruses that can lead to mild to severe illness, including fever, cough, and body aches. The increasing prevalence of influenza is driven by factors such as the annual mutation of the virus, seasonal environmental conditions, and low vaccination coverage in certain populations. Afluria Quadrivalent plays a crucial role in combating the increasing prevalence of influenza by providing protection against four circulating flu strains, thereby reducing the risk of infection and mitigating the impact of seasonal outbreaks. For instance, in November 2024, according to the UK Health Security Agency, a UK-based government agency, influenza positivity rates in week 46 showed an increase, with a weekly average positivity rate of 3.9%, up from 3.3% the previous week. The highest positivity rates were observed in individuals aged 5 to 14, where the weekly average reached 11.6%, a rise from 8.8% in the previous week (week 45). Therefore, the increasing prevalence of influenza will drive the growth of the afluria quadrivalent market.
Impact Of Increasing Birth Rates On The Afluria Quadrivalent Market Growth
Increasing birth rates are expected to propel the growth of the afluria quadrivalent market going forward. The increase in birth rates can be attributed to various factors, including improved healthcare, government incentives, and changing societal attitudes. A higher number of births leads to a larger pediatric population that requires immunization. As birth rates rise, healthcare systems need to administer vaccines to more children to prevent influenza, leading to increased demand for vaccines like Afluria Quadrivalent. For instance, in October 2024, according to the Australian Bureau of Statistics, an Australia-based government agency, there were 24,737 Aboriginal and Torres Strait Islander births registered in 2023, an increase of 349 babies from 2022. Thus, increasing birth rates are driving the growth of the afluria quadrivalent market.
What are the major market segments driving the growth of the afluria quadrivalent industry?
The afluria quadrivalent market covered in this report is segmented –
1) By Clinical Indication: Seasonal Influenza Prophylaxis; High-Risk Population Immunization; Pediatric Influenza Prophylaxis; Healthcare Worker Immunization
2) By Route Of Administration: Injection; Nasal Spray
3) By Age Group: Adults; Geriatric; Pediatrics
4) By Distribution Channel: Hospital And Retail Pharmacies; Government Suppliers; Other Channels
5) By End-User: Hospitals; Public; Private; Clinics; Other End-Users
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Who are the key market players contributing to the growth of the afluria quadrivalent industry?
Major companies operating in the afluria quadrivalent market include Seqirus Inc.
Which regions are leading the growth of the afluria quadrivalent market globally?
North America was the largest region in the afluria quadrivalent market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the afluria quadrivalent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Can Companies Use The Afluria Quadrivalent Market Report to Drive Business Results?
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• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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