Report Code: A12464 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Avian Influenza Vaccine Market
Request Now !Avian influenza is a disease caused by bird flu type A virus, which is found in aquatic birds and subsequently causes infection in domestic poultry. The virus was first detected in China. The Asian H5N1 version was detected in the subsequent year during an outbreak in Hong Kong and since then has spread across Europe, Asia, North & South America, Africa, and the Middle East. Avian influenza can be divided into highly pathogenic and low pathogenic based on its molecular structure. Depending on the strains, the virus is divided into H5N1, H7N3, H7N7, H7N9, and H9N2. Â Additionally, virus of type A of subtype H5N1 is considered to be the most pathogenic avian influenza virus currently under research. Avian influenza is known to cause infection in humans through nose and mouth inhalation. The classification of avian influenza vaccines include H5 avian influenza vaccine, H7 avian influenza vaccine, and H9 avian influenza vaccine. Among manufacturing nations, China stands out as the largest supplier of avian influenza vaccines, followed by the U.S. and European Union.
Avian Influenza Vaccine Market Scope and Structure Analysis
COVID-19 Impact Analysis
Impact of COVID-19 on Animal Influenza Vaccine Market
The coronavirus pandemic is having a huge impact on businesses and has already caused an unprecedented collapse of economic activities. The COVID-19 impact is straining the healthcare systems globally.
The COVID-19 cases are increasingly due to direct or indirect contact between humans. There has been no evidence or confirmation that animals can spread COVID-19 to humans. The myth animals can spread the virus to humans has increased the number of abandoned pets. Furthermore, COVID-19 has weakened the supply chain and has created shortage of animal health products such as nutritional feed as well as vaccines globally. The animal health industry has been impacted largely as many manufacturers in the animal health industry are left with a significantly reduced workforce. Also, implementation of stringent government policies such as restrictions of import of raw materials from China is expected to hamper the growth of the animal health market.
Healthcare facilities are stocking up the animal-related health products, considering the high demand. This is expected to further create financial strain on the market due to procurement inefficiencies and wasted speeding. Due to the pandemic situation, many hospitals and veterinary clinics are overstocking the products.
Top Impacting Factors
Key Market Trends
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Questions Answered in the Avian Influenza Vaccine Market Report
Avian Influenza Vaccine Market Report Highlights
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Key Market Players | Medion, PT Japfa Comfeed Indonesia Tbk, Zoetis, Yebio Bioengineering Co. Ltd., Chengdu Technabank Biological Products Co. Ltd., Fatro S.P.A., Tianjin Ringpu Biotechnology Co. Ltd., Merck Animal Health, Ceva, Cavac |
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