LONDON--(BUSINESS WIRE)--The global anti-malarial medicines market 2018-2022 is expected to post a CAGR of close to 5% during the forecast period, according to the latest market research report by Technavio.
A key factor driving the growth of the market is a strong funding to eradicate malaria. The funding for malaria is increasing day by day as it is on the eradication list of the WHO. Various government and non-government organizations, such as MMV, Bill & Melinda Gates Foundation, and The World Bank, are conducting various awareness camps, which are supported by strong funding. The WHO Global Malaria Program (GMP) is coordinating the WHO’s global effort to control and eliminate malaria.
This market research report on the global anti-malarial medicines market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the enhancement of the POC and biomarkers for malaria as one of the key emerging trends in the global anti-malarial medicines market:
Global anti-malarial medicines market: Enhancement of the POC and biomarkers for malaria
Diagnostics and biomarkers are being introduced to the world. Innovative and better diagnostics are necessary for the potential control of malaria. Biomarkers are useful for disease management as well as for formulating strategies before the onset of the disease. Many studies are conducted to formulate such strategies. As of now, the most proficient technique for diagnosing malaria is the traditional blood smear analyzer.
“The Alere Malaria Ag P.f test introduced by Abbott is a rapid test and is ten times more sensitive than the current malaria RDTs for detection for the P.falciparum HRP-II antigen. This enables significantly better identification of individuals with very low parasitemia, with and without the evident symptoms of malaria infection,” says a senior analyst at Technavio for research on infectious and rare diseases.
Global anti-malarial medicines market: Segmentation analysis
This market research report segments the global anti-malarial medicines market by product (artemisinin compounds, quinolines, and related compounds, and other compounds) and geographical regions (APAC, EMEA, and the Americas).
The EMEA led the market in 2017 with a market share of more than 48%, followed by APAC and the Americas respectively. The region is expected to continue to dominate the market during the forecast period.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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