Market
Insights
Reports delivered globally, covering a wide range of industries and sectors.
Clients who trust our expertise and rely on our insights for business decisions.
Managed Reports, ensuring seamless updates and premium service.
Satisfied Customers, committed to delivering exceptional value and quality.
Artemisinin Antimalarial Drugs Market by Malaria Type (Plasmodium falciparum, Plasmodium vivax, Plasmodium ovale, Plasmodium malariae, Plasmodium knowlesi), by Product (Antimalarial injections, Antimalarial tablets), by Type (Monotherapy, Combination therapy), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe), by Asia Pacific (Japan, China, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East and Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East and Africa) Forecast 2025-2033
The size of the Artemisinin Antimalarial Drugs Market was valued at USD 672.2 Million in 2023 and is projected to reach USD 896.55 Million by 2032, with an expected CAGR of 4.2% during the forecast period. The Artemisinin Antimalarial Drugs sector centers on creating and distributing treatments that come from artemisinin, a substance obtained from the Artemisia annua plant, utilized for combating malaria. Artemisinin-based combination therapies (ACTs) are the preferred treatment for Plasmodium falciparum malaria, especially in areas with high malaria rates, like sub-Saharan Africa and Southeast Asia. The market is propelled by the increasing prevalence of malaria, the demand for efficient therapies against drug-resistant malaria variants, and worldwide efforts focused on eliminating the disease. Main products available in the market consist of artemisinin and its derivatives, including artesunate, artemether, and dihydroartemisinin, frequently used in combination with other antimalarial medications to improve effectiveness and reduce resistance. The ongoing need for these treatments is endorsed by global health entities such as the World Health Organization (WHO), which advocates for ACTs as an essential part of malaria management strategies. With malaria continuing to be a major global health issue, the Artemisinin Antimalarial Drugs market is set for sustained expansion, as research persists in enhancing the efficacy, availability, and cost-effectiveness of these essential treatments.
The market is moderately concentrated, with key players holding significant market share. Innovation is a key driver, as companies invest heavily in research to develop new and improved ACTs. Government regulations play a crucial role in ensuring the quality and efficacy of antimalarial drugs. End-users are primarily healthcare providers, with a growing demand for combination therapies to combat drug resistance. Merger and acquisition activity is expected to increase as companies seek to consolidate market share.
The increasing prevalence of drug-resistant malaria parasites drives the need for new and innovative antimalarial drugs. Combination therapies are becoming the standard of care, with artemisinin-based combinations proving highly effective. There is a growing demand for pediatric formulations of ACTs to address the needs of infants and children. The World Health Organization (WHO) continues to play a pivotal role in guiding malaria treatment policies and promoting the use of ACTs.
The market is experiencing steady growth, with ACTs accounting for the majority of sales. Plasmodium falciparum malaria is the dominant segment, driving demand for ACTs. The market is expected to continue growing as drug resistance becomes more widespread.
In April 2024, Novartis and Medicines for Malaria Venture (MMV) announced promising results from the CALINA Phase II/III study evaluating a new formulation of Coartem as a treatment for infants under 11 lbs. with malaria. This breakthrough opens up a new market segment and potentially increases sales and market share in the pediatric segment of malaria treatments.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.2% from 2019-2033 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Market Insights Reports offers comprehensive market research reports and analysis, giving businesses important information about their clients, rivals, and sector to help them make well-informed decisions on operations, marketing, and business strategy. We offer a variety of services in addition to market research, data analysis, and strategy planning. In order to find opportunities and learn more about our competitors and the industry at large, we employ competitive analysis. To identify areas for development, we also evaluate our performance against that of our rivals. We can determine the places at which we can offer our clients the most value by performing value chain analysis.
Additionally, clients receive a thorough overview of their industry business environment. We can find trends that help us forecast future possibilities and threats by examining global macroeconomic dynamics and consumer behavior patterns. By analyzing their features and advantages, contrasting them with comparable items on the market, and evaluating both their quantitative and qualitative performance, we comprehensively evaluate our clients' products. This allows us to assist customers in determining how their goods compare to those of their rivals and in creating successful marketing plans. Our group has been successful in gaining a thorough grasp of our clients' requirements and offering them creative solutions. We currently provide services to more than 50 nations in Europe, the Middle East, Africa, Latin America, Asia Pacific, and North America. Because of our global reach, we have been able to establish trusting bonds with our partners and clients in various nations, improving customer service and forging a more cohesive worldwide presence.
See the similar reports