Overview

Global Influenza Therapeutics Market is expected to reach a high CAGR during the forecast period 2024-2031.
Influenza is a flu-like illness caused by the influenza virus, with symptoms including chills and fever. The flu is primarily spread through tiny airborne droplets released by the coughs or sneezes of infected individuals. The Centers for Disease Control and Prevention (CDC) advises annual flu vaccinations to prevent serious complications and reduce the risk of death.

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Market Growth Trends
Increasing clinical trials
Clinical trials are currently underway for vaccines to assess their safety, immunogenicity, and efficacy. These trials aim to enhance vaccine effectiveness and safety while minimizing adverse effects. For example, according to clinicaltrials.gov, Mahidol University and the Government Pharmaceutical Organization are conducting Phase 3 clinical trials to evaluate the immunogenicity and safety of Tri Fluvac, a seasonal trivalent inactivated split virion influenza vaccine. The trials began on August 3, 2020, with an estimated completion date of December 31, 2023.

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Market is segmented
By Disease Type: Influenza Type A, Influenza Type B, Influenza Type C, Influenza Type D
By Therapeutics: Medication, Vaccines, Others
By Route of Administration: Oral, Inhaled, Injectables
By End User: Hospitals and Clinics, Specialty Centers, Others
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players
• Merck KGaA
• Santa Cruz Biotechnology, Inc.
• Biosynth
• Teva Pharmaceuticals USA, Inc.
• Biorbyt Ltd.
• Thermo Fisher Scientific Inc.
• Steris
• Healthcare PVT Ltd.
• Genentech, Inc.
• Lupin Pharmaceuticals, Inc.
• BioCryst Pharmaceuticals

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