Global Malaria Treatment Market 2020-2026 will change the Future | Major Giants –Sun Pharmaceutical Industries Ltd, Sanofi, GlaxoSmithKline plc, Pfizer Inc, Novartis AG, Mylan N.V
“Global Malaria Treatment Market–Industry Trends and Forecast to 2027” New Research Report Added to Databridgemarketresearch.com database. The report width Of pages : 350 Figures: 60 And Tables: 220 in it. To build an influential report, detailed market analysis has been conducted with the inputs from industry experts. By working on a number of steps for collecting and analysing market data, this supreme market research report is prepared with the expert team. It describes various definitions and segmentation or classifications of the industry, applications of the industry and value chain structure. Businesses can obtain a complete knowhow of general market conditions and tendencies with the information and data involved in the credible Global Malaria Treatment Market business report. The foremost areas of market analysis such as market definition, market segmentation, competitive analysis and research methodology are looked upon very vigilantly and precisely throughout the report.
Global Malaria Treatment Market research report enlists the chief competitors and presents the strategic insights and analysis of the key factors influencing the industry. This market report guesstimates the growth rate and the market value based on market dynamics and growth inducing factors. The major areas of this report comprises of market definition, market segmentation, competitive analysis and research methodology. Moreover, as it is important for the businesses to acquire knowhow of consumer’s demands, preferences, attitudes and their changing tastes about the specific product, this market report bestows with all of this. Global Malaria Treatment Market report best suits the requirements of the client.
Global malaria treatment market is growing at a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of malaria in tropical and sub-tropical regions along with the rise in investment from government, public & private organizations for the development of novel drugs.
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Market Definition: Global Malaria Treatment Market
Plasmodium parasites are the main causative reason for malaria infection. When the female Anopheles mosquitoes, already carrying the parasite bites the humans, the parasite is released into the bloodstream than they travel to the liver, where their maturation occurs, before they enter the the bloodstream and begin to infect the RBC. After 48 to 72 hours of infection, the parasites inside the red blood cells multiply, causing the infected cells to burst open resulting in symptoms such as chills, fever and sweating that occur in cycles that last two to three days at a time. According to W.H.O, in 2017 there were an estimated 219 million cases of malaria in 87 countries and deaths stood at 435 000. African Region had the highest prevalent rate of malaria in 2017; the region was home to 92% of malaria cases and 93% of malaria deaths
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Global malaria treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of malaria treatment for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
The key market players in the global malaria treatment market are Merck & Co., Inc, Sun Pharmaceutical Industries Ltd, Sanofi, GlaxoSmithKline plc, Pfizer Inc, Novartis AG, Mylan N.V, Teva Pharmaceutical Industries Ltd, Baxter, Amyris, Advanz Pharmaceutical, Lannett, Hikma Pharmaceuticals PLC, Zydus Cadila, Amneal Pharmaceuticals LLC, LUPIN, NATCO Pharma Limited, Ipca Laboratories Ltd, Alvogen among others.
- Increasing prevalence of malaria in tropical and sub-tropical regions is driving the market growth.
- Increased government funding to fight against malaria is accelerating the market growth
- Unmet market needs of managing malaria burden around the world is also boosting the market growth
- Rise in medical insurance in developing countries is acting as catalyst in the growth of this market
- Lack or insufficient healthcare infrastructure in underdeveloped and developing regions is hampering the market growth
- Lack of awareness related to symptoms of malaria in developing countries also restricts the market growth
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Key Developments in the Market
- In April 2019, La Jolla Pharmaceutical Company received the U.S FDA Breakthrough Therapy designation for LJPC-0118, an investigational drug for the treatment of severe malaria. This designation is a key regulatory milestone for the company and it will help the company to work closely with the U.S FDA for the further development of the drug
- In July 2018, GlaxoSmithKline plc received the U.S FDA approval for tafenoquine (Krintafel) for the “radical cure” of Plasmodium vivax malaria in patients aged more than 16 years, who are receiving antimalarial therapy for acute infection. This was the new medicine approved after decades to counter P. vivax malaria relapse and to provide potential treatment for vulnerable patients that need it most
Reasons to Purchase this Report:
- Current and future of global malaria treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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