influenza vaccine market to reach $us4 billion by 2015

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Page 1: Influenza vaccine market to reach $US4 billion by 2015

PharmacoEconomics & Outcomes News 645 - 21 Jan 2012

■ The influenza vaccine market is projected to reach$US4 billion by 2015, despite a decline in 2011,according to a report by MarketResearch.com. Theglobal influenza vaccine market has undergonephenomenal growth in recent years, experiencing acompound annual growth rate of 65% between 2008and 2010 – mainly due to the spread of H1N1influenza. However, following the waning threat ofswine flu, the H1N1 pandemic influenza vaccinemarket declined in 2011. Despite this, the seasonalinfluenza market is expected to experience continuedgrowth in coming years, crossing the $4 billion markby 2015.MarketResearch.com. Market Research Projects Influenza Vaccine Market at 4Billion by 2015. Media Release : 10 Jan 2012. Available from: URL: http://www.marketresearch.com 809132890

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