Influenza Therapeutics Market

Influenza Therapeutics Market- Size, Share, Outlook,
and Opportunity Analysis, 2018 – 2026
Influenza is a condition that causes contagious illness. It is characterized by sudden onset of
fever, headache, sore throat, non-productive cough, and rhinitis. Usually infection lasts for
about a week. Over the course of a flu season, different types and subtypes of influenza can
cause illness in humans. There are four types of influenza virus such as A, B, C, and D.
Influenza A and B virus causes most of the illness in humans. Prolonged influenza infections
can cause severe complications such as pneumonia, bronchitis, acute respiratory distress,
secondary bacterial infections, and cardiovascular complications. To control the illness caused by
influenza virus, influenza antiviral prescription drugs can be used.
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Influenza Therapeutics Market: Drivers
New drug approvals for the treatment of influenza is expected to drive the influenza
therapeutics market growth. For instance, in October 2018, Roche announced that the U.S.
Food and Drug Administration (FDA) approved Xofluza (TM) (baloxavir marboxil) for the
treatment of acute, uncomplicated influenza or flu, in people 12 years of age and older.
Increasing number of clinical pipeline studies is expected to boost the influenza therapeutics
market growth during the forecast period. For instance, in January 2018, Romark Laboratories
L.C. initiated the phase 3 clinical trial for Nitazoxanide to evaluate its efficacy and safety in the
treatment of uncomplicated influenza. Nitazoxanide is a broad-spectrum antiparasitic and broadspectrum antiviral drug, used in the treatment of intestinal parasitic infections caused by
Cryptosporidium parvam and Giardia lamblia. This study is expected to be completed in April
2019.
Influenza Therapeutics Market: Restraints
Influenza vaccines have several limitations including relatively long production times, limited
vaccine capacity, moderate efficacy in certain people, and lack of cross-reactivity, which is
projected to restrain growth of the influenza therapeutic market during the forecast period.
Moreover, increasing concerns among people about the side effects of vaccines hamper growth
of the influenza therapeutic market. For instance, in October 2018, according to the National
Opinion Research Centre (NORC) at the University of Chicago survey, around 43% of the adults
were vaccinated and 14% plans to receive the flu shot. However, around 41% of the American
people reported that they are not vaccinated and do not intend to get vaccinated, as adults
were most likely to cite concerns about side effects of the vaccine.
Report includes chapters which deeply display the following deliverable about industry :
• Influenza Therapeutics Market Research Objective and Assumption
• Influenza Therapeutics Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Influenza Therapeutics Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Influenza Therapeutics Market, By Regions
• Influenza Therapeutics Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Influenza Therapeutics Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Influenza Therapeutics Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Influenza Therapeutics Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Influenza Therapeutics Market: Regional Analysis
On the basis of region, the global influenza therapeutics market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America holds dominant position in the market, owing to high presence of key players
such as GlaxoSmithKline plc and Hoffmann-La Roche Ltd. The regulatory agencies in the region
select influenza viruses that are required for developing the influenza vaccine. In March 2018,
FDA's Vaccines and Related Biological Products Advisory Committee (VRBPAC) conducted a
meeting to select the influenza viruses for the composition of the influenza vaccine. In the
meeting, VRBPAC recommended the trivalent formulation of influenza vaccines for influenza A
including A/Michigan/45/2015 (H1N1) pdm09-like virus, A/Singapore/INFIMH-16–0019/2016
(H3N2)-like virus, and B/Colorado/06/2017-like virus (B/Victoria lineage). The committee also
recommended that quadrivalent influenza vaccines contain the above three strains and the
following additional B strain: a B/Phuket/3073/2013-like virus (B/Yamagata lineage).
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Asia Pacific is also expected to witness significant growth in the influenza therapeutics market,
owing to increasing initiatives by the Asia-Pacific Alliance for the Control of Influenza (APACI),
to reduce the burden of influenza by enhancing control measures and boosting pandemic
preparedness in the region, through the provision of educational information and activities.
Europe have also gained significant position in the market, owing to increasing initiatives by
European Medical Association (EMA) during an influenza pandemic season leading to
continuous monitoring of safety of centrally authorized pandemic influenza vaccines and
antiviral medicines, and fast-track review of data for the authorization of pandemic influenza
vaccines for use in all EU Member States. Also, increasing number of public awareness
programs for the prevention and diagnosis of influenza resulted in significant growth of the
influenza therapeutics market in this region.
Key players operating in the global influenza therapeutic market include Daiichi Sankyo
Company, GlaxoSmithKline plc, Natco Pharma, F. Hoffmann-La Roche Ltd., Teva Pharmaceutical
Industries Ltd., Sandoz International GmbH (Novartis AG), Sun Pharmaceutical Industries Ltd.,
BiondVax Pharmaceuticals Ltd., Atriva Therapeutics Gmbh, Texas Medical Center, Life Science
Austria (LISA), GE Healthcare Life Sciences, Sanofi Pasteur SA and Mylan, Inc.
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Influenza is a condition that causes contagious illness. It is characterized by sudden onset of fever, headache, sore throat, non-productive cough, and rhinitis.