Data Bridge Market Research analyses that the malaria vaccines market was valued at USD 1,852.38 million in 2021 and is expected to reach USD 18,913.86 million by 2029, registering a CAGR of 33.70% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Malaria’s prevalence in tropical nations has been a source of concern for the entire world, causing millions of fatalities during the last ten years. Vaccine development is an essential component of effective interventional control. In recent years, there has been a lot of study into new vaccine options. A diversified pipeline has been studied based on ongoing malaria life-cycle research. Understanding the biology of the deadly human malaria parasites Plasmodium falciparum and Plasmodium vivax is critical for expanding opportunities in the malaria vaccine industry. New options in the malaria vaccine business have opened up thanks to generations of pre-erythrocytic vaccinations. This has sparked a flurry of interest from biotech firms. RTS, S/AS01 (RTS,S) is the most thoroughly investigated vaccine option for P. falciparum malaria prophylaxis.

Market Definition

Malaria vaccines are treatments that protect against malaria, a mosquito-borne infectious disease. Malaria, commonly known as plasmodium infection, is spread via the bite of infected female anopheles mosquitos. Chills, fever, and sweating are symptoms of this long-term sickness. These vaccines can be given in various ways, including intramuscular, subcutaneous, and intradermal injections. The World Health Organization (WHO) recommends that these vaccinations be used in places where there is a high burden of disease and malaria transmission.

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Patient Epidemiology Analysis

Malaria vaccines market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

COVID-19 Impact on Malaria Vaccines Market

The demand for the medicine has increased as a result of the COVID-19 outbreak, and the market has grown significantly as a result. The effectiveness of malaria vaccines in treating patients with coronavirus infection (COVID-19) has recently received attention. Chloroquine has been shown to inhibit SARS-CoV-2 in vitro, according to Chinese reports. The medicine was found to be highly effective in treating patients with COVID-19. The coronavirus drug malaria vaccines is believed to be a viable possible therapy (COVID 19). The US Food and Drug Administration (FDA) has approved malaria vaccines for use in treating coronavirus infection as an emergency treatment.

Recent Development

In October 2021, GlaxoSmithKline (GSK) plc welcomes and applauds the World Health Organization’s (WHO) proposal to expand the use of GSK’s RTS,S malaria vaccine in children living in Sub-Saharan Africa and other locations with moderate to high transmission, as defined by WHO. RTS,S is the first and only malaria vaccine to be shown to reduce malaria in children in key long-term clinical trials dramatically. The vaccine is the result of more than 30 years of work by GSK, PATH, and other collaborators.

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Some of the major players operating in the malaria vaccines market are:

Actiza Pharmaceutical Private Limited (India)

AdvaCare Pharma (U.S.)

Ipca Laboratories Ltd. (India)

Bliss GVS Pharma Ltd. (India)

GeoVax (U.S.)

Sumaya Biotech (Germany)

VLP Therapeutics (U.S.)

OSIVAX (France)

AJANTA PHARMA (India)

Strides Pharma Science Limited (India)

Mylan N.V. (U.S.)

Zydus Cadila (India)

Cipla Inc. (U.S.)

Sun Pharmaceutical Industries Ltd. (India)

Malaria Vaccines Market Regional Analysis/Insights

The malaria vaccines market is analysed and market size insights and trends are provided by country, agent, route of administration, vaccine type, end-users and distribution channel as referenced above.

The countries covered in the malaria vaccines market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the malaria vaccines market because of the presence of key manufacturers of the product and well-established healthcare infrastructure in this region. Additionally, high research and development expenditure and presence of skilled professionals will further propel the market’s growth rate in this region.

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