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Malaria Treatment Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Malaria Treatment
What Is the Current Malaria Treatment Market Size and Its Estimated Growth Rate?
In the last few years, the market size for malaria treatment has consistently expanded. It is projected to increase from $1.55 billion in 2024 to $1.62 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. The growth observed in the historic period is a result of the development of effective medications, endeavors to control the vector, initiatives in global health, scientific research, and expansion in health infrastructure.
In the coming years, the market size of malaria treatment is anticipated to witness a substantial expansion. The market is projected to increase to $2.07 billion by 2029, with a compound annual growth rate (CAGR) of 6.3%. Several reasons contributing to this growth in the projected period include monitoring of drug resistance, impact of climate change, precision medicine and genomic strategies, reforms in healthcare financing, and the inclusion of digital health solutions. The forecast period will also see significant trends such as enhancement in epidemiological surveillance, integration of alternative medicine, development of a malaria vaccine, creation of data-driven treatment plans, and the implementation of education and training programs.
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How Are Emerging Segments Shaping the Malaria Treatment Market Landscape?
The malaria treatment market covered in this report is segmented -
1) By Treatment: Prescription Medications, Vaccines, Diagnostic Tests, Other Treatments
2) By Route Of Administration: Oral, Parenteral, Intravenous
3) By Distribution Channel: Direct Tender, Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Other Distribution Channels
4) By End User: Hospitals, Specialty Clinics, Homecare, Other End Users
Subsegments:
1) By Prescription Medications: Antimalarial Drugs, Prophylactic Medications
2) By Vaccines: RTS,S Or AS01, Other Experimental Vaccines
3) By Diagnostic Tests: Rapid Diagnostic Tests, Microscopy-Based Tests, Polymerase Chain Reaction (PCR) Tests
4) By Other Treatments: Supportive Care, Herbal Remedies, Vector Control Measures
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Which Growth Factors Are Influencing Malaria Treatment Market Expansion?
The surge in malaria cases is anticipated to drive the expansion of the malaria treatment market in the future. Malaria is a potentially fatal disease transmitted by mosquitoes that is induced by the Plasodium parasite, manifesting in recurring fevers and other symptoms akin to the flu. It has primarily increased due to poverty, inadequate access to healthcare services, and environmental changes, in conjunction with a shortfall in malaria control activities and the development of drug immunity. Malaria treatment serves to efficiently control and eliminate the infection caused by the Plasodium parasite. For example, the World Malaria Report 2023 from the Switzerland-based World Health Organization indicates that there were 249 million global cases of malaria in 2022, an uptick of five million from 2021. Consequently, the rise in malaria incidences is promoting the growth of the malaria treatment market.
Who Are the Dominant Players Across Different Malaria Treatment Market Segments?
Major companies operating in the malaria treatment market include Pfizer Inc., Merck & Co., Johnson & Johnson, Roche Holding AG, Bayer AG, Novartis AG, Sanofi SA, AstraZeneca Plc, GlaxoSmithKline PLC., Takeda Pharmaceutical Company Limited, Sumitomo Chemical Co. Ltd., Viatris Inc., Eisai Co. Ltd., Sun Pharmaceutical Industries Ltd., Serum Institute of India, Cipla Ltd., Amneal Pharmaceuticals LLC, Lupin Ltd., Zydus Lifesciences Limited, Ipca Laboratories Ltd., Chongqing Holley Pharmaceutical Co. Ltd., Zydus Lifesciences Ltd., Medicines Sans Frontières, Strides Pharma Science Limited, Swiss Tropical and Public Health Institute (Swiss TPH), AdvaCare Pharma USA LLC, Medicines for Malaria Venture (MMV), VLP Therapeutics LLC, Actiza Pharmaceutical Private Limited
What Are the Latest Developing Trends in the Malaria Treatment Market?
Leading entities in the malaria treatment market are introducing strategies such as the VERV Program, intended to augment the potency and efficacy of malaria diagnosis and interventions, with a primary focus on lessening the disease's impact in endemic regions. The VERV Program is a project by the EPA that promotes the creation of innovative mosquito control supplies for combatting illnesses like malaria by providing fast-tracked review coupons for registration. For example, in December 2023, the Vector Expedited Review Voucher (VERV) Program was announced by the Environmental Protection Agency (EPA), a US government body. The VERV Program is designed to offer monetary incentives to corporations that engineer new pesticides aimed at tackling mosquito groups resistant against conventional insecticides. The scheme allows speedier registration procedures for eligible merchandise, thereby hastening their market launch.
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Which Geographic Regions Are Expected to Dominate the Malaria Treatment Market in the Coming Years?
Middle East and Africa was the largest region in the malaria treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the malaria treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Malaria Treatment Market?
2. What is the CAGR expected in the Malaria Treatment Market?
3. What Are the Key Innovations Transforming the Malaria Treatment Industry?
4. Which Region Is Leading the Malaria Treatment Market?
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