Malaria Vaccine Market Poised For Growth Amidst Rising Mosquito-Related Diseases: A Key Factor Shaping the Future of the Malaria Vaccines Market in 2025

What Are the Projections for the Size and Growth Rate of the Malaria Vaccines Market?
The malaria vaccines market has experienced exponential growth in recent years. It will grow from $4.7 billion in 2024 to $6.3 billion in 2025, at a CAGR of 34.0%. The historical growth is driven by the high burden of malaria, global health initiatives, funding, malaria control programs, and government support and regulatory frameworks.

The malaria vaccines market is set to experience rapid growth, reaching $20.65 billion by 2029 with a CAGR of 34.5%. This growth is fueled by global elimination goals, expanded access programs, and advancements in vaccine technology.

What Are the Main Catalysts for Growth in the Malaria Vaccines Market?
The rising incidence of mosquito-borne diseases is expected to accelerate the growth of the malaria vaccine market. Malaria vaccines like the RTS, S/AS01 (RTS, S) vaccine train the immune system to fight the parasite. In November 2023, the World Health Organization reported 249 million malaria cases worldwide in 2022, marking a rise of 5 million from 2021. The increase in malaria cases, especially in regions like Pakistan, is driving the growth of the malaria vaccine market.

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Which Businesses Are at the Forefront of Malaria Vaccines Market Development?
Major companies operating in the malaria vaccines market report are Pfizer Inc., Ipca Laboratories Ltd., Novartis AG, Sanofi SA, GlaxoSmithKline Plc., Takeda Pharmaceutical Co Ltd., Hikma Pharmaceuticals PLC, Amneal Pharmaceuticals LLC., Lupin, Taj Pharmaceuticals Limited., Nobelpharma Co. Ltd., Bliss GVS Pharma Ltd., Sanaria Inc., Precigen Inc., AdvaCare Pharma, CellFree Sciences, Actiza Pharmaceutical Private Limited, Sumaya Biotech, VLP Therapeutics LLC, GeoVax Labs Inc., Zydus Cadila, Genvec Inc.

What Are the Major Trends Shaping the Malaria Vaccines Market?
In the malaria vaccine market, companies are innovating with vaccines for children's malaria to expand customer bases and increase sales. Malaria vaccines aim to protect against the Plasmodium falciparum parasite, the deadliest malaria parasite. For instance, in November 2022, Malawi and the World Health Organization (WHO) launched Africa's first children's malaria vaccine. The RTSS vaccine, though modestly effective at 30%, has shown promise in reducing malaria-related mortality, with pilot testing conducted in Ghana, Kenya, and Malawi.

How Is the Malaria Vaccines Market Segmented?
The malaria vaccines market covered in this report is segmented -

1) By Agent: Plasmodium Falciparum, Plasmodium Vivax, Anopheles Species
2) By Vaccine Type: Pre-Erythrocytic, Erythrocytic, Multi-antigen, Other Vaccines
3) By Route Of Administration: Intramuscular, Subcutaneous, Intradermal, Other Routes
4) By Distribution Channel: Public, Private

Subsegments:
1) By Plasmodium Falciparum: RTS,S/AS01 Vaccine, Other Experimental Vaccines
2) By Plasmodium Vivax: Candidate Vaccines In Development, Combination Vaccines
3) By Anopheles Species: Transmission-Blocking Vaccines, Vector Control Approaches

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Where Is the Malaria Vaccines Market Growth Most Prominent?
North America was the largest region in the malaria vaccines market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the malaria vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Malaria Vaccines Global Market Report?

- Market Size Analysis: Analyze the Malaria Vaccines Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Malaria Vaccines Market 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 Malaria Vaccines Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Malaria Vaccines Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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