Report Description
The global artemisinin combination therapy market size is estimated to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increased demand for the therapy and recognition as first line treatment for malaria by the World Health Organization.
Treatment with effective anti-malarial medicines is critical for successful malaria control. Malaria-endemic countries have a National Malaria Therapy Policy that describes medicines for treating simple and severe malaria, as well as malaria in pregnancy and what to do if first-line treatment fails. Malaria is the most common parasite illness on the planet. It is estimated that it causes new episodes in over 214 million patients each year, killing around 438,000 people, the majority of whom are children under the age of five and pregnant women, not to mention incalculable economic damage in endemic nations. Malaria treatment has evolved significantly in recent years. In most cases of complicated malaria treatment, artesunate has proved to be preferable than quinine.
Artemisinin-based combination therapy (ACT) is suggested for the treatment of P. falciparum malaria. Artemisinin-based compounds that work quickly are coupled with a medication from a different class. Lumifantrine, mefloquine, amodiaquine, sulfadoxine/pyrimethamine, piperaquine, and chlorproguanil/dapsone are examples of companion medicines. Dihydroartemisinin, artesunate, and artemether are artemisinin derivatives. A co-formulated medication is one that has two distinct pharmaceuticals in one tablet; this is necessary to guarantee that both drugs are taken. When compared to any other anti-malarial, artemisinin treatment results in reduced hospital stays, faster parasite clearance, and, in the case of complex malaria, a reduced worldwide death rate. The bulk of these research were conducted in endemic regions. Treatment with artesunate also reduced the number of days spent in critical care units in patients with complex malaria in non-endemic countries (ICU). However, there are few research examining differences in non-endemic locations in individuals with uncomplicated P. falciparum malaria.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing prevalence of malaria worldwide is projected to fuel the market growth during the forecast period.
- Artemisinin combination therapy is fast and effective for treatment this is expected to boost the market growth during the forecast period.
- Increasing pipeline antimalarial drugs is anticipated to drive the market growth during the forecast period.
- Growing R&D activities and improvement in healthcare infrastructure are factors driving the market growth in the coming years.
- Favorable initiatives by public and private institutes for spreading the awareness regarding the diseases is projected to propel the market growth in the coming years.
- Anti-malarial medication adverse effects, as well as the existence of counterfeit and inferior drugs are projected to hamper the market growth.
- Increased R&D investment and technological advancements are anticipated to offer lucrative opportunities for the market players.
Scope of the Report
The report on the global artemisinin combination therapy market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Artemisinin Combination Therapy Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Type(Artemether+Lumefantrine, Artesunate+Amodiaquine, Dihydroartemisinin+Piperaquine, Artesunate+Mefloquine, Artesunate+Sulfadoxine-Pyrimethamine, and Pyronaridine-Artesunate) |
Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | Novartis, Sanofi, Cipla, Ajanta Pharma, Ipca Laboratories, Guilin Pharmaceuticals, and KPC Pharmaceuticals |
Market Segment Insights
Artemether+lumefantrine segment is expected to account for a key share
Based on type, the artemisinin combination therapy market is segmented into artemether+lumefantrine, artesunate+amodiaquine, dihydroartemisinin+piperaquine, artesunate+mefloquine, artesunate+sulfadoxine-pyrimethamine, and pyronaridine-artesunate. The artemether+lumefantrine segment is expected to account for a key share of the market during the forecast period owing to its efficacy, safety, and quality. It is marketed in over 80 countries and is the only ACT authorized by the US Food and Drug Administration. The WHO recommends that uncomplicated malaria, the most dangerous form of the disease, be treated with ACTs, as they are the most effective therapy available. Because parasites have developed resistance to alternative treatments such as Sulfadoxine-pyrimethamine, chloroquine, and artemisinin monotherapies, ACTs are preferred.
Middle East & Africa is anticipated to dominate
On the basis of regions, the artemisinin combination therapy market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Middle East & Africa is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to presence of large population, artemisinin herbs, increased malaria control strategies, effective treatment, and control. Difficulty in logistics is projected to hamper the market growth. Several at-risk populations live in rural regions and WHO and other organizations are trying to eradicate severe poverty in Africa, thus the adoption rate of ACT is expected to rise further in the coming years.
On the other hand, Asia Pacific is expected to exhibit a rapid growth rate in the coming years owing to large production base of artemisinin herbs and rising demand in malaria endemic countries.
Segments
Segments Covered in the Report
The global artemisinin combination therapy market has been segmented on the basis of
Type
- Artemether+Lumefantrine
- Artesunate+Amodiaquine
- Dihydroartemisinin+Piperaquine
- Artesunate+Mefloquine
- Artesunate+Sulfadoxine-Pyrimethamine
- Pyronaridine-Artesunate
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Novartis
- Sanofi
- Cipla
- Ajanta Pharma
- Ipca Laboratories
- Guilin Pharmaceuticals
- KPC Pharmaceuticals
Competitive Landscape
Key players competing in the artemisinin combination therapy market are Novartis, Sanofi, Cipla, Ajanta Pharma, Ipca Laboratories, Guilin Pharmaceuticals, and KPC Pharmaceuticals.
Some of the key business strategies employed by companies in the market includes mergers, acquisitions, partnerships, collaborations, capacity expansion, Research & Development of new products and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Artemisinin Combination Therapy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Artemisinin Combination Therapy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Artemisinin Combination Therapy Market - Supply Chain
4.5. Global Artemisinin Combination Therapy Market Forecast
4.5.1. Artemisinin Combination Therapy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Artemisinin Combination Therapy Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Artemisinin Combination Therapy Market Absolute $ Opportunity
5. Global Artemisinin Combination Therapy Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Artemisinin Combination Therapy Market Size and Volume Forecast by Types
5.3.1. Artemether+Lumefantrine
5.3.2.
Artesunate+Amodiaquine
5.3.3.
Dihydroartemisinin+Piperaquine
5.3.4.
Artesunate+Mefloquine
5.3.5.
Artesunate+Sulfadoxine-Pyrimethamine
5.3.6.
Pyronaridine-Artesunate
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Artemisinin Combination Therapy Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Artemisinin Combination Therapy Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Artemisinin Combination Therapy Demand Share Forecast, 2019-2026
7. North America Artemisinin Combination Therapy Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Artemisinin Combination Therapy Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Artemisinin Combination Therapy Market Size and Volume Forecast by Types
7.4.1. Artemether+Lumefantrine
7.4.2.
Artesunate+Amodiaquine
7.4.3.
Dihydroartemisinin+Piperaquine
7.4.4.
Artesunate+Mefloquine
7.4.5.
Artesunate+Sulfadoxine-Pyrimethamine
7.4.6.
Pyronaridine-Artesunate
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Artemisinin Combination Therapy Demand Share Forecast, 2019-2026
8. Latin America Artemisinin Combination Therapy Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Artemisinin Combination Therapy Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Artemisinin Combination Therapy Market Size and Volume Forecast by Types
8.4.1. Artemether+Lumefantrine
8.4.2.
Artesunate+Amodiaquine
8.4.3.
Dihydroartemisinin+Piperaquine
8.4.4.
Artesunate+Mefloquine
8.4.5.
Artesunate+Sulfadoxine-Pyrimethamine
8.4.6.
Pyronaridine-Artesunate
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Artemisinin Combination Therapy Demand Share Forecast, 2019-2026
9. Europe Artemisinin Combination Therapy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Artemisinin Combination Therapy Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Artemisinin Combination Therapy Market Size and Volume Forecast by Types
9.4.1. Artemether+Lumefantrine
9.4.2.
Artesunate+Amodiaquine
9.4.3.
Dihydroartemisinin+Piperaquine
9.4.4.
Artesunate+Mefloquine
9.4.5.
Artesunate+Sulfadoxine-Pyrimethamine
9.4.6.
Pyronaridine-Artesunate
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Artemisinin Combination Therapy Demand Share Forecast, 2019-2026
10. Asia Pacific Artemisinin Combination Therapy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Artemisinin Combination Therapy Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Artemisinin Combination Therapy Market Size and Volume Forecast by Types
10.4.1. Artemether+Lumefantrine
10.4.2.
Artesunate+Amodiaquine
10.4.3.
Dihydroartemisinin+Piperaquine
10.4.4.
Artesunate+Mefloquine
10.4.5.
Artesunate+Sulfadoxine-Pyrimethamine
10.4.6.
Pyronaridine-Artesunate
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Artemisinin Combination Therapy Demand Share Forecast, 2019-2026
11. Middle East & Africa Artemisinin Combination Therapy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Artemisinin Combination Therapy Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Artemisinin Combination Therapy Market Size and Volume Forecast by Types
11.4.1. Artemether+Lumefantrine
11.4.2.
Artesunate+Amodiaquine
11.4.3.
Dihydroartemisinin+Piperaquine
11.4.4.
Artesunate+Mefloquine
11.4.5.
Artesunate+Sulfadoxine-Pyrimethamine
11.4.6.
Pyronaridine-Artesunate
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Artemisinin Combination Therapy Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Artemisinin Combination Therapy Market: Market Share Analysis
12.2. Artemisinin Combination Therapy Distributors and Customers
12.3. Artemisinin Combination Therapy Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Novartis
12.4.2.
Sanofi
12.4.3.
Cipla
12.4.4.
Ajanta Pharma
12.4.5.
Ipca Laboratories
12.4.6.
Guilin Pharmaceuticals
12.4.7.
KPC Pharmaceuticals