Press release
Malaria Treatment Market in North America: Outlook and Forecast, 2020 to 2027
North America Malaria Treatment Market was valued at US$ 57.3 million in 2020 and is projected to reach US$ 68.9 million by 2027 with a CAGR of 2.7% from 2020 to 2027.RDTs for malaria can improve the quality of management of the disease. RDTs are proven to be highly affordable and effective for public health programs implemented in low-resource settings. RDTs are widely used in remote areas with limited access to microscopy services. As a result, there has been a rapid rise in the demand for RDTs for malaria. Several RDTs have been developed to test the presence of malaria parasites in blood samples. Identifying and successfully treating malaria in low-transmission areas is critical to reduce transmission and eliminate the disease. Many companies are engaged in developing a wide range of RDTs with high sensitivities. A few of these developments have taken place in recent years. For instance, in November 2020, researchers from Rice University developed a simple microneedle patch like a bandage to detect malaria. With this development, the researchers have stepped on the path of reducing the disease burden in countries struggling with poor health infrastructure. The microneedles loaded on the patch collect interstitial fluid, which contains several biomarkers that help detect malaria. So, the growing number of rapid diagnostic tests for malaria is driving the North America malaria treatment market.
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The report covers an in depth analysis of the key market players within the market
AdvaCare Pharma USA LLC
Cipla Ltd
GSK Plc
Lupin Ltd
Novartis AG
Sanofi SA
Sun Pharmaceutical Industries Ltd
Viatris Inc
VLP Therapeutics LLC
Zydus Healthcare Ltd
In this report, the market has been segmented on the basis of:
The North America malaria treatment market is segmented based on treatment, drug type, route of administration, distribution channel, end user, and country.
Based on treatment, the North America malaria treatment market is segmented into prescription medications, vaccines, diagnostic tests, and others. The diagnostic tests segment held the largest market share in 2022. The prescription medications segment is categorized into chloroquine phosphate, artemisinin-based combination therapies (ACTs), atovaquone-proguanil, quinine sulfate (qualaquin) with doxycycline, primaquine phosphate, and others.
Based on drug type, the North America malaria treatment market is bifurcated into branded and generic. The generic segment held a larger market share in 2022.
Based on route of administration, the North America malaria treatment market is bifurcated into oral and parenteral & intravenous. The oral segment held a larger market share in 2022.
Based on distribution channel, the North America malaria treatment market is segmented into direct tender, hospital pharmacies, retail pharmacies, online pharmacies, and others. The direct tender segment held the largest market share in 2022.
Based on end user, the North America malaria treatment market is segmented into hospitals, specialty clinics, homecare, and others. The hospitals segment held the largest market share in 2022.
Market Analysis and Insights: North America Malaria Treatment Market
North America Malaria Treatment Market report elaborates the market size, market characteristics, and market growth of the North America Malaria Treatment industry, and breaks down according to the type, application, and consumption space of North America Malaria Treatment . The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.
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Some of the key queries answered in this report:
-What can we estimate about the anticipated growth rates and also the North America Malaria Treatment industry size by 2027?
-What will happen in the coming existing and emerging markets?
-Which are the five top players within thee North America Malaria Treatment market?
-How can the North America Malaria Treatment market change in the upcoming years?
-Which product and application will take a share of the North America Malaria Treatment market?
-What will be the North America Malaria Treatment Market was valued at US$ 57.3 million in 2020 and is projected to reach US$ 68.9 million by 2027 with a CAGR of 2.7% from 2020 to 2027. and size of the North America Malaria Treatment market throughout the forecast period?
-What are the market opportunities and challenges two-faced by the key vendors?
-Who are the major competitors and what is their strategy?
-What are the barriers to entry for new players in the market?
-What would be the upcoming North America Malaria Treatment market behaviour forecast with trends, challenges, and drivers for development?
-What business opportunities and dangers are faced by vendors in the market?
-Which would be North America Malaria Treatment industry opportunities and challenges faced by most vendors in the market?
-What will be the outcomes of this market SWOT five forces analysis?
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