A recent report published by Infinium Global Research on anti-malarial drugs market provides in-depth analysis of segments and sub-segments in the global as well as regional anti-malarial drugs market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional anti-malarial drugs market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global anti-malarial drugs market.
Anti-malarial medicines are a type of treatment used to prevent and cure malaria, a deadly mosquito-borne infectious illness triggered by the Plasmodium parasite. These medications function by targeting several phases of the parasite's life cycle, reducing growth and reducing illness development in the human body. Malaria is a major worldwide health hazard, especially in tropical and subtropical areas, affecting hundreds of thousands of lives each year. Anti-malarial medications are also used in the fields of disease control and public health. These drugs are essential for initiatives aimed at preventing malaria since they lessen the parasite's ability to spread. Anti-malarial medication may be widely distributed in endemic regions, especially to susceptible groups such as children and pregnant women, to drastically lower the disease's occurrence. Furthermore, these medications are necessary for both residents of malaria-endemic areas and visitors to those locations. As a result of its widespread usage as a preventive measure, malaria is finally controlled and eradicated globally, saving lives and lessening the strain on medical facilities in impacted areas.
The substantial demand for anti-malarial medications is fueled by the high frequency of malaria in endemic areas. These drugs are essential for the treatment and prevention of malaria, for lessening the disease's negative effects on public health, and for saving lives in regions where malaria poses a serious risk. Additionally, the market for anti-malarial drugs is driven by the growing worldwide awareness of malaria's lethal implications. The demand for these drugs is rising as more people realize how urgent it is to stop malaria, which is accelerating research, financing, and accessibility to lessen the disease's terrible effects on public health globally. However, the high price of anti-malarial medications puts up financial obstacles, preventing many people from accessing treatment and impeding the anti-malarial market's expansion. This affordability problem limits the efficacy and reach of malaria control and preventive initiatives, which presents a serious challenge in the fight against the disease. However, new developments in medication research, such as inventive treatment strategies and unique chemicals, have the potential to completely transform anti-malarial therapy approaches. Because these novel therapies address a key global health need and offer enhanced effectiveness, fewer resistance risks, and better patient outcomes, they present a very profitable opportunity in the market.
The Middle East and Africa (MEA) region holds the largest market share since malaria is quite common in several African nations. The main causes of this are government initiatives. For example, the government of the United Arab Emirates (UAE) has started a nationwide malaria prevention program that involves spraying pesticides and distributing ITNs. Additionally, to fight the illness, international organizations like the World Health Organization (WHO) have given the Jordanian government technical aid to help it create a nationwide malaria control program. However, it's imperative to stress that the MEA area has the greatest malaria load. Moreover, the Asia-Pacific (APAC) region is projected to grow at the fastest growth in the anti-malarial drug market due to its increasing population, this increases the overall demand for anti-malarial drugs. Additionally, when more individuals move into cities, they run the risk of coming into touch with the Anopheles mosquito, which spreads malaria. This may cause the number of cases of malaria in cities to rise. Moreover, modernizing existing facilities and constructing new medical centers and hospitals are all part of the process of growing the healthcare infrastructure. This increase was facilitated by the acceptance of novel treatment options and an increasing emphasis on prevention measures.
Report Coverage | Details |
---|---|
Market Size in 2022 | USD 947.67 Million |
Market Size by 2030 | USD 1360.18 Million |
Growth Rate from 2023 to 2030 | CAGR of 4.70% |
Largest Market | Middle East and Africa (MEA) |
No. of Pages | 255 |
Market Drivers |
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Market Segmentation | By Drug Class, By Route of Administration, and By Distribution Channel |
Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global anti-malarial drugs market provides a detailed analysis of segments in the market based on Drug Class, Route of Administration, and Distribution Channel.
· Quinine
· Chloroquine
· Proguanil
· Mefloquine
· Others
· Oral
· Injectable
· Hospital Pharmacy
· Retail Pharmacy
· E-commerce
· Others
· Pfizer Inc.
· weefselpharma.com.
· Sun Pharmaceutical Industries Ltd.
· Alvizia Health Care
· Actiza Pharmaceutical Private Limited
· Novartis AG
· GSK plc.
· Bayer AG
· Ipca Laboratories Ltd.
· Merck & Co., Inc.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the anti-malarial drugs market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.