Malaria Treatment Market Demand And Growth Drivers, And Analysis Till 2028


Posted February 28, 2023 by nehapu

Malaria Treatment Market Forecast To 2028 - COVID-19 Impact And Global Analysis By Treatment (Prescription Medications, Vaccines, Diagnostic Tests, And Others), Drug Type (Branded And Generic),

 
According to the new research report published by Premium Market Insights, titled "Malaria Treatment Market is expected to grow from US$ 1,638.27 million in 2021 to US$ 2,291.49 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2022 to 2028.

The market for malaria treatment is growing due to the high prevalence of malaria in low-income countries and global malaria elimination programs initiated by international and national organizations. Also, the increasing number of launches of advanced diagnostic tools and rising research activities to provide effective therapeutics are further driving the growth of the market. However, factors such as a counterfeit antimalarial drug and subsequent drug resistance are restraining the market growth.

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The malaria treatment market is segmented based on treatment into prescription medications, vaccines, diagnostic tests, and others. The prescription medications are further segmented into chloroquine phosphate, artemisinin-based combination therapies (acts), atovaquone-proguanil, quinine sulfate (qualaquin) with doxycycline, primaquine phosphate, and others. The diagnostic tests segment held the largest market share of US$ 685.69 million in 2021.

Drug Type-Based Insights

The malaria treatment market is bifurcated based on drug type into branded and generic. The generic segment accounted for a larger share of the market in 2021; however, the branded segment is expected to register a higher CAGR of 5.5% during the forecast period.

Route of Administration-Based Insights

Based on route of administration, the malaria treatment market is bifurcated into oral and parenteral & intravenous. The oral segment accounted for the largest share of the market in 2021; however, the parenteral & intravenous segment is expected to register the highest CAGR of 5.4% during the forecast period.

Distribution Channel-Based Insights

Based on distribution channels, the malaria treatment market is segmented into direct tender, hospital pharmacies, retail pharmacies, online pharmacies, and others. The direct tender segment accounted for the largest share of the market in 2021; however, the online pharmacies segment is expected to register the highest CAGR of 6.9% during the forecast period.

End User-Based Insights

Based on drug type, the malaria treatment market is categorized into hospitals, specialty clinics, home care, and others. The hospital's segment accounted for the largest share of the market in 2021; however, the specialty clinics segment is expected to register the highest CAGR of 5.5% during the forecast period.



A few of the major primary and secondary sources referred to while preparing the report on the DVT preventive pump market are the World Health Organization (WHO), the US Census Bureau, and the US National Library of Medicine, among others.

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Tags malaria treatment market forecast , malaria treatment market growth malaria treatment market analysis
Last Updated February 28, 2023