Canada Seasonal Flu Vaccine Market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. Seasonal Flu Vaccine market is growing globally due to the rising awareness of the necessity of getting the flu shot and the initiatives to expand immunization programmes, expanding government support and focus on seasonal flu vaccination, robust research and development activities with strong pipeline candidates, high influenza rates among children owing to demand for pediatric vaccines. GlaxoSmithKline, AstraZeneca, Seqirus, Pfizer, Novartis, Johnson & Johnson, Daiichi Sankyo Company, Bharat Biotech International Limited, Mitsubishi Tanabe Pharma Corporation are the key global market players in Seasonal flu vaccine market.
Canada Seasonal Flu Vaccine Market is valued at around $512.2 Mn in 2022 and is projected to reach $920.3 Mn by 2030, exhibiting a CAGR of 7.6% during the forecast period 2023-2030.
A viral infection known as seasonal flu or influenza affects people every winter from December to March or April in the Northern Hemisphere and May to August or September in the Southern Hemisphere. The majority of seasonal influenza infections in humans are caused by the influenza virus types A and B, and an annual vaccination is advised due to the frequent virus changes. According to the WHO, there will be between three and five million instances of severe seasonal influenza infections and between 290,000 and 650,000 respiratory deaths from influenza, most of whom will be elderly people. Therefore, many nations advise yearly vaccination against seasonal flu, especially for high-risk populations like small children, expectant women, the elderly, and those with chronic illnesses. The strongest defense against the influenza virus is immunization and vaccines have been available for decades with a recent switch from trivalent to quadrivalent vaccines that protect against each two influenza type A and two B strains. GlaxoSmithKline, AstraZeneca, Seqirus, Pfizer, Novartis, Johnson & Johnson, Daiichi Sankyo Company, Bharat Biotech International Limited, and Mitsubishi Tanabe Pharma Corporation are the key global market players in the Seasonal flu vaccine market.
Market Growth Drivers
Rising awareness of the necessity of getting the flu shot and the initiatives to expand immunization programs, expanding government support and focus on seasonal flu vaccination, robust research and development activities with strong pipeline candidates.
Market Restraints
Vaccine supply challenges, vaccine hesitancy, and influenza strain mismatch between selected vaccine strains and circulating influenza strains lead to a decrease in the efficacy of vaccine and a longer timeline for vaccine production.
Key Players
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By type
By Vaccine Type
By Age Group
By Distribution Channel
By End User
Methodology for Database Creation
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How Do We Get It?
Our database is created and maintained through a combination of secondary and primary research methodologies.
1. Secondary Research
With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:
With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:
2. Primary Research
To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:
Combining Secondary and Primary Research
By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:
Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.
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