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2020
Antimalarial Drugs Market

Antimalarial Drugs Market by Drug Class (Quinine, Chloroquine, Proguanil, Mefloquine, Pyrimethamine, and Others) and Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and E-Commerce & Other Distribution Channel): Global Opportunity Analysis and Industry Forecast, 2019–2026
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A02427
Pages: 193
Mar 2020 | 12874 Views
Author(s) : Sagar Mukhekar , Onkar Sumant
Tables: 73
Charts: 51
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The global antimalarial drugs market accounted for $711,360 thousand in 2018 and is expected to reach $1,019,396 thousand by 2026, registering a CAGR of 4.6% from 2019 to 2026. 

Malaria is an infectious disease, which spreads through a bite of infected female Anopheles mosquito, transferring parasites into the human body. Furthermore, these parasites lodge into liver cells where they multiply and grow. They then move to red blood cells to reach a stage called merozoites. These merozoites grow inside the red cells and destroy them which further cause symptoms such as fever, tiredness, vomiting, and headache. In addition, the drugs that are used to treat and prevent malarial infection are called as antimalarial. There are different type of drugs, such as quinine, chloroquine, proguanil, mefloquine, pyrimethamine, and others, available in the market for the treatment of malarial infection. 

Antimalarial Drugs Market

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The major factor that drives the growth of the antimalarial drugs market include rise in prevalence of malaria in developing countries. Furthermore, rise in awareness initiatives by governments and surge in research for new antimalarial drugs are some of the factors that boost the growth of the market. However, lack of awareness about healthcare in developing countries is a major factor that restrains the growth of the antimalarial drugs market. Conversely, growth opportunities exhibited by emerging economies are expected to offer lucrative opportunities for the market expansion during the forecast period.

Antimalarial Drugs Market Segmentation  

The antimalarial drugs market size is studied on the basis of drug class, distribution channel, and region to provide a detailed assessment of the market. On the basis of drug class, it is segmented into quinine, chloroquine, proguanil, mefloquine, pyrimethamine, and others. By distribution channel, it is divided into hospital pharmacy, retail pharmacy, and e-commerce & other distribution channel. Region wise, it is analyzed across North America (the U.S. and Canada), Europe (Germany, the UK, and rest of Europe), Asia-Pacific (China, India, and rest of Asia-Pacific), and LAMEA (Africa and rest of LAMEA). 
 
Segment Review

According to drug class, the others segment occupied the major share of the antimalarial drugs market. Furthermore, the segment is also expected to exhibit the fastest growth rate during the forecast period, owing to factor that malaria parasites have successfully developed resistance against most of the drugs already available in the market. 

Antimalarial Drugs Market
By Drug Class

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Quinine is projected as one of the most lucrative segment.

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By distribution channel, the hospital pharmacy segment acquired the major share due to rise in number of hospitals worldwide. Furthermore, antimalarial drugs are prescription-based medications, which are mostly prescribed by the specialized healthcare professionals available in hospitals; thereby, propelling the growth of this segment. Conversely, the e-commerce segment is expected to exhibit the fastest growth rate during the forecast period, owing to surge in the usage of internet across the globe. 

Antimalarial Drugs Market
By Distribution Channel

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Hospital Pharmacy holds a dominant position in 2018 and would continue to maintain the lead over the forecast period.

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By region, LAMEA accounted for the major antimalarial drugs market share in 2018 and is expected to continue this trend, owing to rapid surge in prevalence of malaria in the region. Moreover, the widespread of the malaria vector, Anopheles gambiae, in the region, which is difficult to control is another major factor that leads to surge in cases of malaria. Furthermore, most of the malarial infections in this region are caused by the most lethal type of malarial parasite called Plasmodium falciparum. Therefore, there is a need for early diagnosis of malarial infection in this region, which further boosts the growth of the market. In addition, malaria infection is endemic to some parts of Africa, which fuels the growth of the market in the region. On the other side, Asia-Pacific is estimated to register the fastest growth during the forecast period due to increase in awareness regarding the use of antimalarial drugs for early diagnosis of the infection for better treatment. The constantly evolving life science industry drives the growth of the market in developing economies such as India, China, and Malaysia. As the constant development leads to surge in awareness related to the use of antimalarial drugs.

Antimalarial Drugs Market
By Geography

2026
Lamea 
North America
Europe
Asia-pacific

Asia-Pacific region would exhibit the highest CAGR of 5.6% during 2019-2026.

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The global antimalarial drugs market is highly competitive and the prominent players in the market have adopted various strategies to garner maximum market share. These include collaboration, product launch, partnership, and acquisition. Major players operating in the market include Alvizia Healthcare Pvt. Ltd., Bayer AG, F. Hoffmann-La Roche Ltd, GlaxoSmithKline Plc, Ipca Laboratories Ltd., Merck & Co., Inc, Novartis AG, Pfizer Inc., Sun Pharmaceutical Industries Ltd. (Ranbaxy Laboratories), and Zydus Cadila.

Key Benefits for Stakeholders:

  • This report entails a detailed quantitative analysis along with the current global antimalarial drugs market trends from 2018 to 2026 to identify the prevailing opportunities along with the strategic assessment.
  • The antimalarial drugs market forecast is studied from 2019 to 2026. 
  • The market size and estimations are based on a comprehensive analysis of key developments in the industry. 
  • A qualitative analysis based on innovative products facilitates strategic business planning.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the antimalarial drugs market.

Key Market Segments:

By Drug Class

  • Quinine
  • Chloroquine
  • Proguanil
  • Mefloquine
  • Pyrimethamine
  • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • E-Commerce & Other Distribution Channel

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany 
    • UK 
    • Rest of Europe
  • Asia-Pacific
    • China 
    • India 
    • Rest of Asia-Pacific
  • LAMEA
    • Africa
    • Rest of LAMEA
 

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Antimalarial drugs are defined as medicines that are used in the treatment and prevention of malarial infection caused by the bite of female Anopheles mosquito. Furthermore, malaria is a deadly disease if left untreated as the parasites destroy the blood cells of the host. This leads to critical symptoms such as impaired consciousness; multiple convulsions; abnormal bleeding and signs of anemia, fever, and chills; and others. Therefore, there are different types of antimalarial drugs, such as quinine, chloroquine, proguanil, mefloquine, pyrimethamine, and others, which are used to treat the infection.

The utilization of antimalarial drugs has witnessed a significant growth, owing to surge in prevalence of malaria across the globe. Furthermore, other factors that contribute to the growth of the market include surge in healthcare expenditure, rise in research relate to new antimalarial drugs, and increase in initiatives by governments.

 

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FREQUENTLY ASKED QUESTIONS?

A. The total market value of antimalarial drugs market is $711,360 thousand in 2018.

A. The forcast period for antimalarial drugs market is 2019 to 2026

A. The market value of antimalarial drugs market in 2019 is $744,083 thousand

A. The base year is 2018 in antimalarial drugs market

A. Top companies such as, GlaxoSmithKline Plc., Zydus Cadila, Ipca Laboratories Ltd., Bayer AG., and Novartis AG held a high market position in 2018. These key players held a high market postion owing to the strong geographical foothold in different regions.

A. Others segment is the most influencing segment growing in the antimalarial drugs market owing to surge in resistance to most of the antimalarial drugs available previously is another major that leads to surge in demand for new antimalarial drugs in the market

A. The key trend in the antimalarial drugs market is the rise in prevalence of malaria across the globe which drives the growth of the market. This leads to surge in the demand for antimalarial drugs which boots the growth of the market.

A. Asia-Pacific has the highest growth rate in the market which is growing due to the contribution of the following emerging countries such as India with a CAGR of 5.6%. This is due to surge in the surge in awareness related to use of antimalarial drugs for treatment of malaria .

A. Antimalarial drugs are defined as medications which are aimed at prevention and treatment of malaria. Furthermore, antimalarial drugs have different mechanism of action on the malaria parasites. Some of the common antimalrial drug types include Quinine, Chloroquine and others.

A. Antimalarial drugs are used to treat and prevent malaria which is a fatal parasitic infection caused by Anopheles mosquito. Some of the common symptoms of malaria include chills, profuse sweating, nausea, headache and others.

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