Swine Influenza Market Latest Report with Forecast to 2025
Swine influenza, also known as swine flu, is a highly contagious respiratory disease caused by Type-A influenza viruses that infect the respiratory tracts of pigs. Swine influenza viruses are mostly found in pigs. However, occasionally, they have also been found to be spread among humans who have direct contact with infected pigs. The swine influenza disease spreads in humans usually through two routes: pig-to-human transmission and human-to-human transmission.
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In terms of geography, the global swine influenza market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global swine influenza market, followed by China. Major driving factors for the swine influenza market in these regions are high prevalence of infection and development of several novel drugs that have helped in the treatment of swine influenza. Both developed and developing countries are vulnerable to the threat caused by swine influenza in humans. Asia Pacific is one of the most lucrative markets for swine influenza, owing to presence of developing economies in the region. Key factors likely to augment the swine influenza market in Asia Pacific in the next few years are weak immune systems of people in the region and increasing rate of past history infections. For instance, the 2009 swine flu pandemic affected around 394,133 people in Asia with 2,137 confirmed deaths. Moreover, easy market penetration and increasing government aid are estimated to fuel the swine influenza market in the region in the near future.
Some of the key players operating in the global swine influenza market are GlaxoSmithKline, Novartis, AstraZeneca PLC, Vical Incorporated, Baxter International, Inc., Celltrion, Inc., Lipoxen PLC, Novavax, Inc., and Medicago, Inc.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.