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Global Antiparasitic Drugs Market Report 2025: High Prevalence of Parasitic Infections, Advanced Drug Development Boosting the Antiparasitic Drugs Market
Antiparasitic Drugs Market Size
What Is The Projected Market Size Of The Global Antiparasitic Drugs Market Report 2025 And Its Growth Rate?
- The antiparasitic drugs market registered a strong growth recently. It surged from $24.06 billion in 2024 to $25.75 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%.
- The market growth in the historic period was due to the prevalence of parasitic infections, resistance to existing treatments, and global health initiatives.
- Future growth is anticipated to be robust in the upcoming years. The antiparasitic drugs market is projected to climb to $33.64 billion in 2029 at a CAGR of 6.9%.
- The pronounced growth in the forecast period can be attributed to emerging parasitic threats, climate change, vector-borne diseases, greater focus on global health security, and accessibility to healthcare.
What Is Driving The Growth In The Antiparasitic Drugs Market?
The increasing incidence of vector-borne diseases is propelling the antiparasitic drugs market. Vector-borne diseases, infectious ailments transmitted through insects such as mosquitoes, ticks, and flies, include conditions like malaria, dengue, and yellow fever. Antiparasitic drugs combat the spread of such diseases, targeting the disease-causing parasites. For example, antiparasitic drugs like chloroquine, doxycycline, and atovaquone-proguanil are frequently used against malaria. According to data from the Centers for Disease Control and Prevention, a US government agency, from January to June 2024, over 9.7 million dengue cases were reported in Americas, more than double the 4.6 million cases reported in 2023. Such increasing incidence of vector-borne diseases underscores the growth of the antiparasitic drugs market.
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Who Are the Key Players Driving Antiparasitic Drugs Market Growth?
Major companies contributing to the antiparasitic drugs market are:
-Pfizer Inc.
-Johnson & Johnson
-Cadila Pharmaceuticals
-Merck & Co., Inc.
-Bayer AG
-Novartis AG
-Sanofi S.A.
-GlaxoSmithKline PLC
-Takeda Pharmaceutical Company Limited
-Boehringer Ingelheim group
-Zoetis Inc.
-Eisai Co. Ltd.
-Covetrus Inc.
-IDEXX Laboratories Inc.
-Dr. Reddy's Laboratories
-Intas Pharmaceuticals Ltd.
-Alkem Laboratories Ltd.
-Ceva Sante Animale S.A.
-Elanco Animal Health Incorporated
-Phibro Animal Health Corporation
-Norbrook Laboratories Ltd.
-Mankind Pharma
-Neogen Corporation
-Bimeda Inc.
-Indoco Remedies Ltd.
-ECO Animal Health
-Lincoln Pharmaceuticals Ltd.
-Laboratorios Calier
What Are The Key Trends In The Antiparasitic Drugs Market?
Anticipated trends in the antiparasitic drugs market include:
- Advances in drug development
- Targeted therapies
- Combination therapies
- Public-private partnerships
- Telemedicine and remote diagnosis
What Are The Segments Of The Global Antiparasitic Drugs Market?
The report encapsulates the antiparasitic drugs market into the following segments:
1) By Product Type: Anthelmintics, Antiprotozoals, Ectoparasiticide, Other Products
2) By Treatment: Avermectins, Bezimidazoles, Pyrimidines, Organophosphates, Imidazolesthiazoles
3) By Route of Administration: Oral, Injectable, Topical
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
Which Region Leads The Antiparasitic Drugs Market?
North America held the largest market share in the antiparasitic drugs market in 2024. However, Asia-Pacific is predicted to experience the fastest growth in the forecast period. The regions analyzed in the antiparasitic drugs market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Antiparasitic Drugs Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Antiparasitic Drugs size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Antiparasitic Drugs for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Antiparasitic Drugs growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Antiparasitic Drugs.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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