Malaria Treatment Market to Perceive Substantial Growth During 2025

A recent market research report by Transparency Market Research delves deep into the past and present growth dynamics of the global market for malaria treatment, a market that has witnessed vast focus on R&D activities and the active participation of governments and non-government organizations through grants and funds in the past years. The report is titled “Malaria Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

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According to the report, the vast funds ploughed by government bodies into activities aimed at the prevention of the disease, which has remained one of the leading causes of death in a number of emerging and less-developed economies over the years, is a leading factor driving the market. According to WHO estimates, funds nearing US$2.9 bn were devoted across the globe for the treatment and eradication of malaria in 2015. In the same year, nearly 212 mn cases of the condition were reported globally and around 429,000 deaths registered. This high burden of the condition is also a key factor driving the global malaria treatment market.

For providing a more thorough account of the growth prospects of the market, the report segments it on the basis of criteria such as route of administration, treatment type, end-user, and geography. Based on the type of treatment, the market has been segmented into indicators, diagnostics tests, anti-malarial agents, and vaccines. On the basis of end-user, the market has been examined for specialty clinics, hospitals, and others. Based on the route of administration, the market has been examined for parenteral, oral, and intravenous.

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Geographically, the market has been examined for regions such as North America, Middle East and Africa, Latin America, Asia Pacific, and Europe. The prevalence of malaria in regions such as Middle East and Africa and Asia Pacific is significantly higher as compared to Europe and North America. It is thus justified that the malaria treatment market acquires a large share of its revenue from sales across these regions. According to the WHO, nearly 53% of the population in the Middle East and Africa region is at the risk of malaria. Moreover, nearly 76% of all the malaria cases registered in 2015 were only from 13 countries across the globe, majority of which were from these regions.

The report also includes a thorough assessment of the vendor landscape of the global malaria treatment market. The report provides an overview of the leading companies in present times, recent developments, and the strategies adopted by companies to find a better treatment method for the deadly viral. Some of the leading companies operating in the global malaria treatment market are Concordia International Corp., Novartis AG, Mylan Pharmaceuticals Inc., Pfizer, Inc., Teva Pharmaceuticals, Inc., Amyris, Roxane Laboratories, Inc., GlaxoSmithKline, Lannett Company, Inc., Baxter International Inc., Fresenius Kabi, LLC, and Sanofi.

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This release was published on openPR.