South America Malaria Treatment Market 2022 Introduction, Definition, Demand, Opportunities, Future Plans and Industry Scope by 2028

The South America malaria treatment market is expected to grow from US$ 71.79 million in 2022 to US$ 98.53 million by 2028. It is estimated to register a CAGR of 5.4% from 2022 to 2028.

The latest South America Malaria Treatment Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Smart home market.

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Key players dominating the SAM malaria treatment market are AdvaCare Pharma USA LLC, Cipla Ltd, GSK Plc, Lupin Ltd, Novartis AG, Sanofi SA, Sun Pharmaceutical Industries Ltd, Viatris Inc, and Zydus Healthcare Ltd among others.
• In Sep 2022, GSK plc announced that the World Health Organization (WHO) has awarded prequalification to Mosquirix (also known as RTS,S/AS01), GSK's groundbreaking malaria vaccine. This is the first prequalification for a malaria vaccine and is an important step in rolling out the vaccine in countries with moderate to high P. falciparum malaria transmission.

Antimicrobial resistance threatens the public health response to many diseases, such as malaria, and the R&D of new medicines is the best strategy to overcome this challenge. With this, the antimalarial drug/vaccine pipeline is becoming increasingly robust. Public-private partnerships are accelerating research activities in the malaria treatment market, creating lucrative opportunities for the market growth. For instance, Medicines for Malaria Venture (MMV), a nonprofit organization, is working with many pharmaceutical companies to reduce the burden of malaria by developing novel treatment options. In December 2019, Ipca Laboratories collaborated with MMV to develop Atoguanil, a novel antimalarial coformulation. So, extending pipeline of new drugs and vaccines is expected to drive the SAM malaria treatment market.

On the contrary, counterfeit antimalarial drugs and subsequent drug resistance hurdles the growth of SAM malaria treatment market.

Based on treatment, the SAM malaria treatment market is segmented into prescription medications, vaccines, diagnostic tests, and others. The diagnostic tests segment held 42.2% market share in 2022, amassing US$ 30.26 million. It is projected to garner US$ 40.83 million by 2028 to expand at 5.1% CAGR during 2022-2028. Further, prescription medications segment is further categorized into chloroquine phosphate, artemisinin-based combination therapies (ACTs), atovaquone-proguanil, quinine sulfate (qualaquin) with doxycycline, primaquine phosphate, and others.

Based on drug type, the SAM malaria treatment market is bifurcated into branded and generic. The generic segment held 58.9% market share in 2022, amassing US$ 42.27 million. It is projected to garner US$ 56.38 million by 2028 to expand at 4.9% CAGR during 2022-2028.

Based on route of administration, the SAM malaria treatment market is bifurcated into oral and parenteral & intravenous. The oral segment held 70.0% market share in 2022, amassing US$ 50.27 million. It is projected to garner US$ 68.30 million by 2028 to expand at 5.2% CAGR during 2022-2028.

Based on distribution channel, the SAM malaria treatment market is segmented into direct tender, hospital pharmacies, retail pharmacies, online pharmacies, and others. The direct tender segment held 47.6% market share in 2022, amassing US$ 34.16 million. It is projected to garner US$ 47.06 million by 2028 to expand at 5.5% CAGR during 2022-2028.

Based on end user, the SAM malaria treatment market is segmented into hospitals, specialty clinics, homecare, and others. The hospitals segment held 42.1% market share in 2022, amassing US$ 30.24 million. It is projected to garner US$ 40.09 million by 2028 to expand at 4.8% CAGR during 2022-2028.

Based on country, the SAM malaria treatment market has been categorized into Brazil, Argentina, and the Rest of SAM. Our regional analysis states that the Rest of SAM captured 38.0% market share in 2022. It was assessed at US$ 27.30 million in 2022 and is likely to hit US$ 36.76 million by 2028, exhibiting a CAGR of 5.1% during the forecast period.

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The research report provides deep insights into the market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of South America Malaria Treatment Market during the forecast period, i.e., 2022-2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2022-2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the South America Malaria Treatment Market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Smart home market?
4. What are the prominent market trends influencing the development of the South America Malaria Treatment Market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Smart home market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Smart home market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the South America Malaria Treatment Market segments and regions.

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