- Global Pharma News & Resources

Malaria Vaccines Market Growth With Healthy CAGR of 150.0% to reach US$ 790.7 Million till 2027: Coherent Market Insights

The Global Malaria Vaccines Market, by Vaccine Type (Pre-Erythrocytic Vaccine, Erythrocytic Vaccine, Multi-antigen Vaccine), by Agent (Plasmodium Falciparum, Plasmodium Vivax), By Distribution Channel (Hospitals, Clinics, Community Centers) will pegged to be valued at US$ 50.6 million in 2024 and is projected to expand at a CAGR of 150.0% during the forecast period (2024-2027). Rise in demand for vaccines for important indications on the backdrop of increasing focus on biological preparations is expected to be a major factor driving growth of the global malaria vaccines market over the foreseeable future.

To learn more about this report, request a sample copy*
* The sample copy includes: Report Summary, Table of Contents, Segmentation, Competitive Landscape, Report Structure, Methodology.

Request a sample copy of this report@

According to World Health Organization (WHO) malaria fact sheet and World Bank estimates, over 40% of the global population is at risk of malaria. Moreover, there were around 214 million malaria cases reported in 2015, leading to 438,000 deaths worldwide. Over 70% of these deaths were among children under 5 years of age. Sub-Saharan Africa accounts for the highest share of global malaria burden, with around 89% of malaria cases and 91% of malarial deaths in 2015. Such high impact of this life-threatening disease is influencing governments across various countries, companies, investors, and non-profit organizations to contribute towards curbing spreading of this disease. Since the problem of malaria is burdening many of the emerging and under developed regions such as in Africa and Asia Pacific, various initiatives have been implemented in these regions to drive down high costs of the vaccine in development. For instance, in 2016, GSK announced plans to develop vaccines at a mere profit margin of 5% of the cost of the vaccine. Governments across most regions are actively involved in programs aimed at eliminating malaria. For instance, Mosquirix (RTS,S), the first malaria vaccine developed by GlaxoSmithKline plc. received positive scientific opinion from EMA in 2015 and is presently being examined in 3 African countries (namely Ghana, Kenya, and Malawi) as a pilot study through malaria vaccine implementation programme (MVIP) led by WHO.

This pilot implementation designed as a six-year program, including preparation and the evaluations, which is expected to be completed by 2023. During this program, the RTS,S vaccine will be made available to at least 360 000 children per year across the 3 pilot countries from the health facilities. Further, GSK will continue to manufacture the vaccine and will supply up to 10 million doses free of charge for the MVIP. After successful completion of this programme, Mosquirix is expected to be marketed in 2024. Thus, the collaboration agreement among WHO, PATH and GSK for malaria vaccine implementation programme (MVIP) is a major factor contributing to the growth of malaria vaccine in the forecast period.

Browse 28 Market Data Tables and 24 Figures spread through 158 Pages and in-depth TOC on Global Malaria Vaccines Market, by Vaccine Type (Pre-Erythrocytic Vaccine, Erythrocytic Vaccine, Multi-antigen Vaccine), by Agent (Plasmodium Falciparum, Plasmodium Vivax), by Distribution Channel (Hospitals, Clinics, Community Centers)- Global Forecast to 2027″

To know the latest trends and insights prevalent in the Malaria Vaccines Market Press Release, click the link below:

Shift from pharmaceutical oral dosage forms to parenteral dosage forms is expected boost the malaria vaccines market globally. The emerging economies are undergoing a wave of various healthcare reforms. Healthcare treatment regimens are becoming more reliable for the growth of the global market, with various initiatives in place to eradicate the menace of malaria. In 2016, in India, the National Framework for Malaria Elimination (NFME), was launched to eliminate the problem in the country. This program was based on the Framework by the National Vector Borne Disease Control Program (NVBDCP) of the Ministry of Health and Family Welfare. According to NFME, in 2012, the total economic burden of malaria in India was around US$ 1,940 Mn, with 75% from lost earnings and 25% from treatment costs borne by households. According to World Malaria Report 2015, India accounts for around 70% of the total malaria incidence rate in the South-East Asia. In 2014, the incidence rate of malaria in the country was around 0.89 per 1,000 person at risk per year. Around 1.1 Mn cases were reported, which lead to 562 deaths in India in 2014.

Access research reports that are tailored specifically for you and your organization in order to explore practical growth strategies and recommendations
Buy-Now this Research Report @

Key takeaways of the malaria vaccines market:

  • The global malaria vaccines market is expected to expand at a CAGR of 150.0% during the forecast period (2024–2027) as there exists a large unrealized market especially in Africa, Asia Pacific, Latin America and Middle East
  • The Pre-Erythrocytic Vaccine dominates the market in the vaccines type segment, as it is used to prevent the infection completely, while blood-stage vaccines aim to reduce or eliminate the parasite load once a person is infected
  • Plasmodium Falciparum is the major agent segment of malaria vaccines market, as Plasmodium falciparum infection are induced by the asexual stages of the parasite that develop inside red blood cells, making it one of most severe forms of malaria among various types of parasites causing malaria
  • Some of the major players involved in global malaria vaccines market are GlaxoSmithKline plc, Sanaria Inc, Nobelpharma Co., Ltd., Sumaya Biotech and GenVec, Inc.
About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website –


Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

This content has been distributed via CDN Newswire press release distribution service. For press release enquires please mail us at

Editor Details

  • Company:
    • CDN Newswire
Last Updated: 17-Nov-2020