Global Artemether Market Overview:
Artemether is a derivative of artemisinin in which the lactone has been converted to the corresponding lacto methyl ether. For the treatment of multi-drug resistant strains of falciparum malaria. It has a role as an antimalarial it is used in combination with lumefantrine as an antimalarial. The injectable form is specifically for severe malaria. It is given by intramuscular way of administration. This combination is in medical use since 1992. and The Food and Drug Administration (FDA) has approved artemether-lumefantrine (Coartem) for the treatment of uncomplicated Plasmodium falciparum malaria in adults, children and infants weighing at least 5 kilograms in 2009 developed by Novartis Pharmaceutical company
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Chinese Companies has Major Hold on Artemether Manufacturing Market
Market Growth Drivers:
P. falciparum infection mostly accounted for 99.7 percent estimated in African Region, 50 percent in the South-East Asia Region, 71 percent in the Eastern Mediterranean and 65 percent in the Western Pacific
Challenges:
Malaria cases has shown that the scourge of malaria remains prominent among pregnant women and young children in Africa, but manufacturing companies are in china, so the prizes of the drugs have bear with transport charges
Restraints:
For the clinical development of the drug there are Male and older female FGD participants tended to describe physical methods, but as a restraint, the disease more affecting to the younger and older children and pregnant women take their medication
Opportunities:
Most preferable mode of administration of drug is oil-based intramuscular injection. Market opportunities include limited availability, low quality, lack of information, and high costs of access
Competitive Landscape:
Artemether market is a fragmented market due to the presence of various players. Companies are focusing on developing different combination to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Novartis Pharmaceutical Company (Switzerland), Chengdu Chenlv Herb Co.,Ltd. (China), Cipla (India), Huvepharma Italia (Italy), Sichuan Xieli (China), Shaoxing Hantai Pharma (China), DKSH (Switzerland), Ipca Labs. (India) and Vital Laboratories Pvt. Ltd. (India). Analyst at AMA Research see China Players to retain maximum share of Global Artemether market by 2028. Considering Market by Sales Channels, the sub-segment i.e. Online Sales Channel {Company Website, E-Commerce Platform} will boost the Artemether market. Considering Market by Mode of Administration, the sub-segment i.e. Oral will boost the Artemether market.
Latest Market Insights:
In November 2022, Novartis and MMV announced to Phase 3 development for the treatment of patients with acute uncomplicated malaria due to Plasmodium falciparum of ganaplacide/lumefantrine- solid dispersion formulation.
As main leading company Novartis to double China business by 2025, as a result the manufacturing and prising of the drugs could be affected in near years
What Can be Explored with the Artemether Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Artemether Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Artemether
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Artemether market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Artemether market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Hospitals, Medical institutes, Pathology labs, Government Regulatory and Research Organizations, End-Use Industries, Mail order and Direct marketing routes.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.