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(Medical-NewsWire.com, August 23, 2017 ) Influenza or flu is a transmittable respiratory disease which affect nose, throat, and lungs. Influenza viruses are basically of three types-Type A (H1N1, H2N2, and H5N1, etc.), Type B, and Type C. It can be either seasonal, pandemic, or zoonotic. Influenza can be fatal if goes unnoticed and is regarded as a major reason of mortality, globally. Some of the symptoms of influenza are fever, cough, sore throat, runny or stuffy nose, fatigue, headache, and body ache. Children below 2 years of age and elderly above 65 years of age are at high risk of developing chronic flu. In Latin America, Influenza Type B cause epidemics every 2 to 4 years, infecting approximately 50% of the population. Within Latin America, Brazil has been worst affected by H1N1 influenza virus in the year 2015-2016.
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The growth of Influenza market is majorly driven by factors such as rising public awareness, cost-effectiveness of immunization, and introduction of new medicines. Additionally, increase in number of flu cases in the region, prompted the government to take preventative steps, thereby fueling the demand for the product in Latin America. The key restraints of the market are antigenic shift of influenza virus, side-effects of product (soreness, allergic reactions, swelling, and redness), and lack of cold storage facility.
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Latin America Influenza Market is segmented on the basis of Product Type and Consumer. Based on Product Type, the market is classified into vaccines and drugs. On the basis of Consumer, the market is classified into Children and Adults.
The Latin America market is geographically segmented into Brazil, Argentina, Mexico and rest of Latin America.
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The major companies dominating Latin America Influenza Market are Sanofi-Pasteur (U.S.), AstraZeneca (United Kingdom), F. Hoffmann-La Roche (Switzerland), Novartis (Switzerland), GlaxoSmithKline (U.K.), Pfizer Inc. (U.S.), Merck & Co. (U.S.), Abbott Laboratories (U.S.), Mitsubishi Tanabe Pharma Corporation (Japan), CSL Limited (Australia).
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