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A Rising Tide Of Cases Propels Growth In The Malaria Treatment Market: Pivotal Factor Influencing Malaria Treatment Market Growth in 2025
Malaria Treatment
Malaria Treatment Market Size Growth Forecast: What to Expect by 2025?
In recent times, the size of the malaria treatment market has seen a consistent growth. It is projected to expand from $1.55 billion in 2024 to $1.62 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. The growth during the past period has been due to the development of effective malaria medications, vector control measures, international health drives, scientific studies, and improvements in health infrastructure.
How Will the Malaria Treatment Market Size Evolve and Grow by 2029?
In the coming years, the market for malaria treatment is anticipated to witness significant expansion. The market's worth is projected to rise to $2.07 billion in 2029, with a compound annual growth rate (CAGR) of 6.3%. This predicted growth in the upcoming period can be ascribed to elements such as monitoring drug resistance, the impact of climate change, precision and genomic medicine initiatives, reforms in healthcare financing, and the inclusion of digital health solutions. Foreseen trends within this forecast period would encompass enhanced epidemiological surveillance, blending of alternative medicine, developing a malaria vaccine, initiating data-driven treatment regimes, along with educational and training programs.
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What Drivers Are Propelling the Growth of Malaria Treatment Market Forward?
The escalation in malaria cases is anticipated to boost the expansion of the malaria treatment market in the future. Malaria is a potentially fatal disease carried by mosquitoes and caused by the Plasmodium parasite, with symptoms such as recurring fever and those similar to flu. Factors such as poverty, inadequate access to healthcare, climate alterations, an absence of malaria control initiatives, and drug resistance contribute to this trend. The goal of malaria treatment is to effectively control and eliminate the Plasodium parasite infection. For example, the World malaria report 2023 by the World Health Organization (WHO), a Switzerland-based international agency, revealed that global malaria cases hit 249 million in 2022, marking a rise of five million from 2021. As such, the increasing occurrence of malaria is stimulating the expansion of the malaria treatment market.
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Which Emerging Trends Are Transforming the Malaria Treatment Market in 2025?
Leading firms within the malaria treatment industry are pioneering technologies such as the VERV Program in a bid to enhance the potency and efficiency of malaria diagnosis and remediation methods, with the ultimate goal of lessening the impact of the disease in areas it's prevalent. Initiated by the EPA, the VERV Program propels the creation of novel mosquito-management merchandise to combat illnesses like malaria by providing speeded-up review coupons for registration. For example, the US-based government body, the Environmental Protection Agency (EPA), rolled out the Vector Expedited Review Voucher (VERV) Program in December 2023. This initiative will award financial incentives to corporations that develop new pesticides aimed at mosquito groups that are resistant to conventional insecticides. By easing and accelerating the registration processes for the eligible products through this program, this hastens their entry into the market.
What Are the Key Segments in the Malaria Treatment Market?
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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Who Are the Key Players Shaping the Malaria Treatment Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Malaria Treatment Market?
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.
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