Germany Influenza Vaccine Market Size & Outlook, 2023-2030
Germany influenza vaccine market, 2018-2030 (US$M)
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Germany influenza vaccine market highlights
- The Germany influenza vaccine market generated a revenue of USD 373.8 million in 2023 and is expected to reach USD 563.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, inactivated was the largest revenue generating vaccine type in 2023.
- Inactivated is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
Influenza vaccine market data book summary
| Market revenue in 2023 | USD 373.8 million |
| Market revenue in 2030 | USD 563.1 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Inactivated |
| Fastest growing segment | Inactivated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inactivated, Live Attenuated |
| Key market players worldwide | GSK PLC, Pfizer Inc, Merck & Co Inc, Viatris Inc, AstraZeneca PLC, Sinovac Biotech Ltd, CSL Ltd, Emergent BioSolutions Inc, Vaxess Technologies, Osivax, Emergex Vaccines |
Other key industry trends
- In terms of revenue, Germany accounted for 4.7% of the global influenza vaccine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany influenza vaccine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 31.6 million by 2030.
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Influenza Vaccine Market Scope
Influenza Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany influenza vaccine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to influenza vaccine market will help companies and investors design strategic landscapes.
Inactivated was the largest segment with a revenue share of 91.57% in 2023. Horizon Databook has segmented the Germany influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of research institutions and leading vaccine manufacturers are propelling the German influenza vaccine market. In addition, surge in R&D activities and various strategic initiatives undertaken by leading participants are factors propelling market expansion.
For instance, in August 2018, BioN Tech AG announced a multiyear R&D collaboration with Pfizer, Inc. to manufacture mRNA based vaccines for the management of flu and influenza. Under this agreement, the companies are conducting R&D to advance vaccine manufacturing technologies.
Moreover, in November 2022, BioN Tech SE & Pfizer, Inc. initiated phase I trial for single-dose mRNA-based combination vaccine candidate for COVID-19 and influenza. Furthermore, High R&D investments by the government drive the demand for novel vaccines.
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Target buyers of Germany influenza vaccine market databook
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Our clientele includes a mix of influenza vaccine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany influenza vaccine market , including forecasts for subscribers. This country databook contains high-level insights into Germany influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany influenza vaccine market size, by vaccine type, 2018-2030 (US$M)
Germany Influenza Vaccine Market Outlook Share, 2023 & 2030 (US$M)
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