Malaria Vaccines Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-2025
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REPORT DESCRIPTION Malaria Vaccines Market – Overview Nearly half of the global population is at risk of malaria as per stats released by the World Health Organization (WHO). This in turn has led to increased inclination of various healthcare agencies towards addressing this major malady. Global non-profit organizations such as the Melinda Gates Foundation and PATH are working towards developing preventive measures and saving lives of many in the malaria affected regions. Africa accounts for the largest number of malaria cases and hence, this region is the primary target of launching the first malaria vaccine developed by GlaxoSmithKline plc. Mosquirix received EU approval in 2015 and is presently being examined in Africa as a pilot study. People in Africa use insecticide-treated mosquito nets and indoor-insecticide spraying for prevention against malarial vectors. Use of insecticide-treated mosquito nets in Africa increased by 80% during 2010-2015 (WHO). Moreover, a number of mosquito repellent products (patches, creams, coils, mats, liquids, etc.) are marketed globally. Besides, nonprofit organizations provide cheap and often free treatment facilities to the malarial affected population in Africa. Also, GSK has pledged to sell the vaccines at a much lower cost forgoing its huge profit margins to support the global malaria eradication programs. Furthermore, with more malarial vaccines under research pipeline, the malaria vaccines market is poised for significant growth in near future. The global malaria vaccines market is expected to be valued at US$ 8.5 million in 2018 and is expected to witness a CAGR of 102.8% during the forecast period (2018 – 2024). © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION
Malaria Vaccines Market Taxonomy: By Vaccines Type: ●
Pre-Erythrocytic Vaccine
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Erythrocytic Vaccine
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Multi-antigen Vaccine
By Agent: ●
Plasmodium Falciparum
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Plasmodium Vivax
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REPORT DESCRIPTION Malaria Vaccines Market: Key Players ●
GlaxoSmithKline plc.
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Sanaria Inc.
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Nobelpharma Co., Ltd.
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Sumaya Biotech.
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GenVec Inc.
The global malaria vaccines market is expected to be valued at US$ 8.5 million in 2018 and is expected to witness a CAGR of 102.8% during the forecast period (2018 – 2024). View this report @ https://www.coherentmarketinsights.com/market-insight/malaria-vaccines-market-37
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