
Asia Pacific Influenza Vaccines Market
No. of Pages: 166 | Report Code: BMIRE00027310 | Category: Life Sciences
No. of Pages: 166 | Report Code: BMIRE00027310 | Category: Life Sciences
The Asia Pacific influenza vaccines market is expected to grow from US$ 1,688.07 million in 2022 to US$ 2,669.27 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2022 to 2028.
Emerging Economies to Fuel Asia Pacific Influenza Vaccines Market During Forecast Period
Leading players in the Asia Pacific influenza vaccines market focus on expanding their customer reach across emerging markets by expanding their distribution networks and augmenting their manufacturing capabilities. With the maturing of the region, players are shifting their focus to emerging economies. Due to less stringent regulations and data requirements, Asia Pacific has become a business-friendly and adaptable hub. In addition, high investments in life science and healthcare research in emerging countries play a crucial role in upgrading the latest technologies in developing countries, which supports the inclination toward advanced vaccine development. Key producers of influenza vaccines in India and South Korea are expected to witness lucrative opportunities in the coming years due to the large patient pool and high prevalence of influenza, surge in healthcare infrastructure, rise in disposable income, and the surge of medical tourism in these countries.
Asia Pacific Influenza Vaccines Market Overview
Asia Pacific (APAC) is the fastest-growing regional market for influenza vaccines. The Asia Pacific influenza vaccines market is segmented into China, India, Japan, South Korea, Australia, and the Rest of APAC. Owing to the increase in government support and surveillance regarding vaccination against influenza, rise in investment by leading market players across the region, and increase in prevalence and incidence of influenza in this region. These factors are expected to propel the Asia Pacific influenza vaccines market in the coming years.
Asia Pacific Influenza Vaccines Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Asia Pacific Influenza Vaccines provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific Influenza Vaccines refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Asia Pacific Influenza Vaccines Strategic Insights
Asia Pacific Influenza Vaccines Report Scope
Report Attribute
Details
Market size in 2022
US$ 1,688.07 Million
Market Size by 2028
US$ 2,669.27 Million
Global CAGR (2022 - 2028)
6.9%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Vaccine Type
By Virus Type
By Technology
By Route of Administration
By Target Group
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Asia Pacific Influenza Vaccines Regional Insights
Asia Pacific Influenza Vaccines Market Segmentation
The Asia Pacific influenza vaccines market is segmented into vaccine type, virus type, technology, route of administration, target group, and country.
Based on vaccine type, the Asia Pacific influenza vaccines market is bifurcated into quadrivalent vaccines and trivalent vaccines. The quadrivalent vaccines segment registered a larger share of the market in 2022.
Based on virus type, the Asia Pacific influenza vaccines market is bifurcated into influenza virus type A and influenza virus type B. The influenza virus type A segment held a larger share of the market in 2022.
Based on technology, the Asia Pacific influenza vaccines market is divided into egg-based and cell-based. The egg-based segment held a larger share of the market in 2022.
Based on route of administration, the Asia Pacific influenza vaccines market is divided into injection and nasal spray. The injection segment held a larger share of the market in 2022.
Based on target group, the Asia Pacific influenza vaccines market is segmented into infants, children, adults, and elderly people. The infants segment held the largest share of the market in 2022.
Based on country, the Asia Pacific influenza vaccines market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China dominated the market in 2022.
AstraZeneca; Emergent BioSolutions Inc.; GlaxoSmithKline plc.; Hualan Biological Engineering Inc.; Mitsubishi Chemical Group Corporation; Moderna, Inc.; MYLAN N.V.; Sanofi; SEQIRUS; and Serum Institute of India Pvt. Ltd are the leading companies operating in the Asia Pacific influenza vaccines market.
The Asia Pacific Influenza Vaccines Market is valued at US$ 1,688.07 Million in 2022, it is projected to reach US$ 2,669.27 Million by 2028.
As per our report Asia Pacific Influenza Vaccines Market, the market size is valued at US$ 1,688.07 Million in 2022, projecting it to reach US$ 2,669.27 Million by 2028. This translates to a CAGR of approximately 6.9% during the forecast period.
The Asia Pacific Influenza Vaccines Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Influenza Vaccines Market report:
The Asia Pacific Influenza Vaccines Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Influenza Vaccines Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Influenza Vaccines Market value chain can benefit from the information contained in a comprehensive market report.