About Malaria Vaccines
Malaria vaccines are biological preparations that aim to stimulate the body's immune system to protect against infection from the malaria parasite. Malaria is a serious and sometimes fatal illness caused by a parasite that lives in the blood of humans. It was developed specifically to target the deadliest malaria parasite, Plasmodium falciparum. The vaccine targets a specific protein on the surface of the malaria parasite called the circumsporozoite protein (CSP). The vaccine prompts the immune system to produce antibodies against the CSP protein. The field of malaria vaccines is experiencing exciting growth with large-scale implementation underway. Continued research holds promise for even better vaccines in the future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Malaria Vaccines market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AdvaCare Pharma (United States), Ipca Laboratories Ltd. (India), GeoVax (United States), GSK plc. (United Kingdom), Sumaya Biotech (Germany), VLP Therapeutics (United States), OSIVAX (France), Ajanta Pharma Ltd. (India), Mylan N.V. (United States) and Zydus Cadila (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Cipla Inc. (United States), Sun Pharmaceutical Industries Ltd. (India), Sanofi (France), Hikma Pharmaceuticals PLC (United Kingdom), Amneal Pharmaceuticals LLC. (United States) and Bliss GVS Pharma Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Malaria Vaccines market by Type (Erythrocytic Vaccines, Combination Vaccines, Vectored Vaccines, Pre-Erythrocytic Vaccines and Others), Application (Hospitals, Specialty Clinics, Research Institute and Others) and Region.
On the basis of geography, the market of Malaria Vaccines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Agent, the sub-segment i.e. Plasmodium Falciparum will boost the Malaria Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Route of Administration, the sub-segment i.e. Intramuscular will boost the Malaria Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Investment for Healthcare Infrastructure
Market Growth Drivers:
Rising Burden of Malaria and Increased Awareness of Malaria
Challenges:
The Complexity of the Malaria Parasite
Restraints:
Developing and Distributing Vaccines can be Expensive
Opportunities:
The Development of More Effective Delivery Systems and Growing Government Support
Market Leaders and their expansionary development strategies
In October 2023, UNICEF announced an agreement to secure supply of the world’s second malaria vaccine, R21/Matrix-M. The deal is a major milestone towards meeting the high demand for doses of new vaccines against malaria – a disease which still kills one child under five every minute. The long-term agreement signed with Serum Life Sciences is conditional on vaccine pre-qualification from the World Health Organization.
In October 2021, GlaxoSmithKline (GSK) plc welcomes and applauds the World Health Organization's (WHO) proposal to launch and expand the use of GSK's RTS, S malaria vaccine in children with moderate to high transmission, as defined by WHO. RTS, S is the first and only malaria vaccine to be shown to reduce malaria in children in key long-term clinical trials dramatically.
Key Target Audience
Manufacturer, Government Bodies, Suppliers & Distributors, Regulatory Authorities, Research Center and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.