Canada Seasonal Flu Vaccine Market Analysis


  • Type: Common Disease Area
  • Published : April 2021
  • Region: North America
  • Country: Canada
  • Report ID : 3169

  • Format: PPT, PDF

Canadian Influenza (Seasonal Flu) Vaccine Market: Segmented by Vaccine Type (Inactivated Influenza Vaccine (IIV) and Live Attenuated Influenza Vaccine (LAIV)) and By End User (Hospitals, Clinics, Research Organizations & Academic Institutes) – Growth, Trends, Forecasts (2019 – 2028)


SKU: 3169 Categories: ,

Canadian Influenza Vaccines market size stood at USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

Influenza, also known as the flu, is an infection of the upper airway caused primarily by the influenza A and B viruses. Symptoms can include fever, cough, muscle aches and pains, headache, sore throat, etc. It is ranked among the top 10 leading causes of death in Canada. Each year, it is estimated that influenza causes on average 12,200 hospitalizations and 3,500 deaths in Canada. Influenza viruses circulate in Canada year-round. Two influenza vaccine types are widely available in the market. These are inactivated influenza vaccine (IIV) and live attenuated influenza vaccines (LAIV). The influenza vaccine market has increased tremendously over the past few years. Several factors influence the raised market value, including the increase of the awareness of the disease among the people, funding, and the fear of the influenza pandemic.

Market Drivers

The increasing prevalence of Influenza-induced diseases among infants, increasing awareness regarding vaccines among patients are accelerating the growth of this market. The Canadian national influenza vaccination coverage goals for seniors aged 65 and older and adults aged 18–64 years with certain chronic medical conditions (CMC) were set at 80% in 2019 to be reached by 2028. The rise in the population of immunity-compromised individuals can act as a catalyst for market growth. An increase in the development and manufacturing of vaccines would enhance the market growth. The increasing intergenic variability among various influenza virus strains has led to increasing demand for developing influenza vaccines compatible with all influenza viruses.

1. Canadian Influenza Vaccine Market Overview………………………………..
A. Market Size
2. Market Growth Drivers………………………………………………………………….
A. Increase in the Awareness Regarding Vaccines
B. Increase in the Development and Manufacturing of Vaccine
C. Rise in the Population
3. Epidemiology of Influenza ……………………………………………………………….
A. Natural infection and immunity
B. Hospitalization and deaths
4. Influenza Vaccines Market Segmentation………………………………………
A. By Vaccine Type
I. Inactivated Influenza Vaccine (IIV)
II. Live Attenuated Influenza Vaccine (LAIV)
B. By End User
I. Hospitals
II. Clinics
III. Research Organizations & Academic Institutes
5. Influenza Vaccines Major Market Share………………………………….
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles………………………………………………………………….
A. Abbott Laboratories Company overview, Product & Services, Strategies & Financials
B. Pfizer Inc Company overview, Product & Services, Strategies & Financials
C. Sanofi Company overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………………………………….
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth………………………………………………………….
A. New Trends and Development of Influenza Vaccines market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Vaccine Type:

There are two categories of influenza vaccine authorized for use in Canada: inactivated influenza vaccine (IIV) and live attenuated influenza vaccine (LAIV). All influenza vaccines currently authorized for use in Canada are made from influenza viruses grown in eggs.

By End-users:

Based on the end-user segmentation, the Canada influenza vaccination is modified by different sectors, including clinics, hospitals, research organizations & academic institutes, and others. There is a chance for the highest growth in the Research Organizations & Academic Institutes segment during the projected period. The reason for that is the nature of the virus, which is changing every year, and accordingly, the vaccines need up-gradation after every 6 months to 1 year.

Top Major Players

The influenza vaccine market is highly competitive, with many key players dominating the market. In Apr 2021, Sanofi has committed over Euro 600 million to build a new vaccine facility in Toronto to increase its supply of influenza vaccine in Canada, the United States, and Europe. The major players for Influenza Vaccine in Canadian Market are Sanofi Pasteur, Pfizer Inc, Abbott Laboratories, Johnson & Johnson and Merck, etc.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

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The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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