Rapid Advancements will Boost the Malaria Vaccines Market Size Further

Posted by Devanand on April 9th, 2021

The prevalence of malaria in tropical countries has been troublesome to the entire world, contributing to millions of deaths over the last ten years. Vaccine development forms a crucial part of adequate interventional control. Recent years have seen considerable research on novel vaccine candidates. Supported by continuous research of malaria life-cycle, a diverse pipeline has been investigated. Understanding the biology of deadly human malaria parasites Plasmodium falciparum and Plasmodium vivax is key to growing avenues in the malaria vaccines market. Generations of pre-erythrocytic vaccines have unlocked new avenues in the malaria vaccines market. This has attracted a volley of investments from biotech companies. RTS,S/AS01 (RTS,S) is the most vigorously tested vaccine candidate for prevention of malaria caused by P. falciparum.

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The study on the global malaria vaccines market takes a closer look at the investment trends related with different approached of vaccine development around the world. It provides a scrutiny on the efforts of healthcare systems to reduce the burden of malaria, especially in countries where it has grown to endemic proportions. It highlights key growth drivers and challenges to various stakeholders in vaccine development during the forecast period (2019 – 2027).

Global Malaria Vaccines Market: Key Trends

The report on the malaria vaccine market provides a granular assessment of key growth avenues for vaccine manufacturers, share and size of various segments, and projections of opportunities in these during the forecast period of 2019 – 2027.  It takes a closer look at clinical testing of next-generation vaccine designs.

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Over the past couple of years, researchers have been able to increase the vaccine-induced efficacy considerably. Spate of clinical trials have focused on improving RTS,S/AS01. Such developments were invigorated by recent trials sub-Saharan Africa. According to the WHO, RTS,S has been evaluated for use as a complementary malaria control tool to its preventive, diagnostic, and treatment measures. It is the only vaccine that has demonstrated its efficacy in reducing malaria, especially in young African children.

The growing number of routine immunization programs in various countries is boosting the malaria vaccines market. Over the past few years, The WHO has made coordinated efforts to promote public health use of the vaccine. The advent of novel adjuvants and cutting-edge vaccine delivery platforms are opening new avenues in the malaria vaccine market.

 

Global Malaria Vaccines Market: Geographical Analysis

Growing funding on vaccine development programs have made developed regions center of attention for players in malaria vaccines market. In this regard, the prospects in the malaria vaccines market are bolstered by a positive outlook of regulatory authorities in Europe.  Growing number of phase 2 and 3 trials have seen lucrative avenues for vaccine manufacturers in Africa. Latin America has also seen the rapidly growing number of malaria cases. Further, North America is projected to be one of the most prominent regional markets. Asia Pacific is expected to be one of the promising regions for vaccine development.

Global Malaria Vaccines Market: Competitive Scenario

Key markets have scientists utilizing malaria research platforms. Pharmaceutical companies in these markets have made an array of recent investments. Companies who intend to put large stakes in the malaria vaccines market are carefully considering immunological and genetic considerations. New entrants are more likely to lay increased focus on cost-effectiveness of the recent vaccine candidates. Some of the well-entrenched players in the malaria vaccines market are Genome ReS Ltd., VLP Therapeutics LLC, Cadila Healthcare Ltd., CellFree Sciences Co. Ltd., Sanaria, GenVec, Inc., Nobelpharma, and GlaxoSmithKline.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

 

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Devanand

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Devanand
Joined: April 9th, 2021
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