The newly published report by IMARC Group, titled ”Seasonal Influenza Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2033″, presents a comprehensive analysis of the seasonal influenza market. The report provides an overview of the market trends, growth prospects, investment opportunities, and industry prospects, as well as an analysis of the disease overview, market scenario, and growth trends. In addition, the report offers competitor analysis, regional analysis, and recent advancements in the seven major markets (7MM). The report also highlights key segments and market drivers, as well as challenges faced by industry players.

How big is the market for seasonal influenza market?    

According to IMARC Group, in 2022, the total value of the seven major markets (7MM) for seasonal influenza market amounted to US$ 7,676.1 Million. Looking forward, these markets are anticipated to reach US$ 38,181.5 Million by 2033, at a growth rate (CAGR) of 15.7%  from 2023-2033.

What is seasonal influenza?  

Seasonal influenza, also known as the flu, is a communicable respiratory ailment incited by influenza viruses. It mostly materializes as seasonal epidemics, predominantly during the colder months in temperate climates. The disease proliferates through respiratory droplets when an individual infected with the flu coughs, sneezes, or talks. It can also be acquired through contact with infected surfaces and subsequent touching of the mouth, nose, or eyes. Some of the common symptoms include fever, body aches, nasal congestion or discharge, fatigue, coughing, appetite loss, weakness, diarrhea, sore throat, vomiting, nausea, chills, and headaches.

The diagnosis of seasonal influenza generally requires a combination of medical history analysis, assessment of clinical symptoms, and laboratory procedures. In a preliminary examination, the healthcare provider may gauge lung function and search for other physical indicators of respiratory illness. Rapid influenza diagnostic tests (RIDTs) are often suggested to confirm the presence of viral antigens in patients. Advanced molecular techniques, such as reverse transcription-polymerase chain reaction (RT-PCR) and nucleic acid amplification tests, are utilized for more detailed information regarding viral load and strain characteristics.

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What are the key drivers and trends in the seasonal influenza market?

The rising incidence of airborne diseases, attributed to various factors such as colder weather, dry air, and increased indoor crowding, is a primary driver of the seasonal influenza market. Besides this, the growing prevalence of weakened immunity, which can undermine the natural defense mechanisms of the respiratory tract, rendering individuals more prone to viral infections, creates a positive market outlook.

Moreover, the expanding use of efficacious antiviral drugs, such as oseltamivir, zanamivir, and peramivir, to alleviate the severity and prolongation of flu symptoms is strengthening the market growth. Furthermore, the burgeoning popularity of chemoprophylaxis techniques, capable of effectively reducing the risk of viral infection and curtailing disease transmission, is propelling the market forward.

What is included in the report segmentation?

The report covers the following aspects:

Report Period:

• Base Year: 2022
• Historical Period: 2017-2022
• Market Forecast: 2023-2033

Countries Included:

• United States
• Germany
• France
• United Kingdom
• Italy
• Spain
• Japan

Analysis Covered Across Each Country

• Historical, current, and future seasonal influenza market
• Historical, current, and future performance of the obsessive-compulsive disorder market
• Historical, current, and future performance of various therapeutic categories in the market
• Sales of various drugs across the seasonal influenza market
• Reimbursement scenario in the market
• In-market and pipeline drugs

In-Market Drugs

• Drug Overview
• Mechanism of Action
• Regulatory Status
• Clinical Trial Results
• Drug Uptake and Market Performance

Late-Stage Pipeline Drugs

• Drug Overview
• Mechanism of Action
• Regulatory Status
• Clinical Trial Results
• Regulatory Status

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Key Questions Answered in this Report:

• How has the seasonal influenza market performed so far and how will it perform in the coming years?
• What are the markets shares of various therapeutic segments in 2022 and how are they expected to perform till 2033?
• What was the country-wise size of the seasonal influenza market across the seven major markets in 2022 and what will it look like in 2033?
• What is the growth rate of the seasonal influenza market across the seven major markets and what will be the expected growth over the next ten years?
• What are the key unmet needs in the market?

This report will help you with:

Identifying the key players operating in the seasonal influenza market and understanding their market dominance.

Knowing the essential factors to consider when evaluating a seasonal influenza market, aiding in informed decision-making.

Understanding the driving forces behind the seasonal influenza market, enabling businesses to stay ahead of emerging trends and capitalize on opportunities.

Examining the changing market behavior over time and strategically assessing competition, facilitating effective benchmarking and strategic planning.

About Us: –

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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