As per Intent Market Research, the Artemisinin Antimalarial Drugs Market was valued at USD 0.6 billion in 2023 and will surpass USD 0.8 billion by 2030; growing at a CAGR of 5.8% during 2024 - 2030.
The Artemisinin Antimalarial Drugs Market is driven by the persistent prevalence of malaria across tropical and subtropical regions. Artemisinin-based combination therapies (ACTs) are at the forefront of malaria treatment strategies due to their proven efficacy against Plasmodium falciparum, the deadliest malaria parasite. Increasing global health initiatives and advancements in drug formulations have accelerated the adoption of Artemisinin-based therapies worldwide.
Artemether Leads Among Drug Types Owing to Its Broad Usage
Among drug types, Artemether is the largest subsegment, primarily due to its extensive use in combination therapies such as Artemether-Lumefantrine. Known for its high efficacy, Artemether targets the early stages of parasite development, making it a cornerstone in malaria treatment protocols. The drug's popularity stems from its rapid action and enhanced bioavailability in lipid-based formulations.
The widespread adoption of Artemether in endemic regions, particularly in Africa and Asia, underscores its market dominance. Partnerships between pharmaceutical companies and non-governmental organizations (NGOs) have further ensured its availability at subsidized rates, strengthening its position in the global market.
Artemether-Lumefantrine Dominates Combination Therapy Segment Due to Proven Effectiveness
The Artemether-Lumefantrine combination therapy is the largest segment in the combination therapy category. This combination is recognized as the first-line treatment for uncomplicated malaria in several countries, recommended by the World Health Organization (WHO). Its dual-action mechanism effectively eliminates the malaria parasite and prevents its recurrence, ensuring complete treatment.
Artemether-Lumefantrine has gained significant traction due to its user-friendly dosing regimen and high cure rates. The drug's success has been amplified by distribution programs targeting vulnerable populations, especially children and pregnant women, making it a crucial component of global malaria control efforts.
Online Pharmacies Witness Rapid Growth Owing to E-Commerce Expansion
Among distribution channels, Online Pharmacies are the fastest-growing subsegment, driven by the increasing penetration of e-commerce platforms and improved internet access in developing regions. These pharmacies offer convenience, affordability, and discreet delivery options, making them particularly appealing to rural and underserved populations.
The COVID-19 pandemic further accelerated the adoption of online pharmacies as consumers sought contactless healthcare solutions. Governments and private organizations are also leveraging online platforms to distribute Artemisinin-based drugs in malaria-endemic regions, boosting the segment's growth trajectory.
Hospitals Remain the Largest End-User Segment Due to Specialized Care
Hospitals represent the largest end-user segment, accounting for the bulk of Artemisinin antimalarial drug consumption. Hospitals provide specialized diagnostic and treatment services for severe malaria cases, requiring injectable formulations such as Artesunate for immediate action.
Moreover, hospitals play a pivotal role in implementing national malaria treatment programs, often serving as the primary distribution point for ACTs. The availability of trained healthcare professionals and advanced diagnostic tools further solidifies hospitals as the leading end-user segment in this market.
Asia-Pacific Emerges as the Fastest-Growing Region Due to Rising Malaria Cases
The Asia-Pacific region is the fastest-growing market for Artemisinin antimalarial drugs, driven by the high prevalence of malaria in countries like India, Myanmar, and Papua New Guinea. Increasing government initiatives, such as India’s National Vector Borne Disease Control Program (NVBDCP), have significantly boosted the demand for ACTs in this region.
Furthermore, partnerships between local pharmaceutical manufacturers and global health organizations have enhanced drug availability. The growing emphasis on public health infrastructure and community awareness campaigns is expected to sustain this growth trajectory in the coming years.
Competitive Landscape and Leading Companies
The Artemisinin Antimalarial Drugs Market is highly competitive, with key players focusing on expanding their product portfolios, improving drug formulations, and enhancing distribution networks. Leading companies like Novartis AG, Sanofi, and Cipla Inc. dominate the market due to their established presence and innovative offerings.
Collaborations between pharmaceutical companies, governments, and NGOs are pivotal in shaping the market landscape. Strategic initiatives, such as mergers, acquisitions, and partnerships, are also driving innovation and ensuring the availability of life-saving drugs in malaria-endemic regions. As the fight against malaria continues, competition among market players is expected to intensify, fostering advancements in drug efficacy and accessibility.
Recent Developments:
- Novartis Launches New ACT Formulation – Improved child-friendly dispersible tablets to enhance malaria treatment compliance
- Sanofi Acquires Stake in Guilin Pharmaceutical – Expanding its footprint in the malaria treatment market
- Cipla Receives WHO Prequalification for Artemether-Lumefantrine – Strengthening its position in the global antimalarial market
- Ajanta Pharma Expands Production Capacity for ACT Drugs – Targeting higher volumes for endemic regions in Africa and Asia
- Pfizer Enters Collaboration with Global Fund for Malaria Eradication – Focusing on affordable Artemisinin-based drugs for underserved regions
List of Leading Companies:
- Novartis AG
- Sanofi
- Cipla Inc.
- IPCA Laboratories
- Guilin Pharmaceutical Co. Ltd.
- Strides Pharma Science Limited
- KPC Pharmaceuticals, Inc.
- Mylan N.V. (now part of Viatris)
- F. Hoffmann-La Roche AG
- Ranbaxy Laboratories (now part of Sun Pharma)
- Ajanta Pharma Ltd.
- GlaxoSmithKline (GSK)
- Pfizer Inc.
- Bayer AG
- Jiangsu Shenhua Pharmaceutical Co. Ltd.
Report Scope:
Report Features |
Description |
Market Size (2023) |
USD 0.6 Billion |
Forecasted Value (2030) |
USD 0.8 Billion |
CAGR (2024 – 2030) |
5.8% |
Base Year for Estimation |
2023 |
Historic Year |
2022 |
Forecast Period |
2024 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Artemisinin Antimalarial Drugs Market By Drug Type (Artemisinin, Artemether, Artesunate, Dihydroartemisinin), By Combination Therapy (Artemether-Lumefantrine, Artesunate-Mefloquine, Artesunate-Amodiaquine, Artesunate-Sulfadoxine-Pyrimethamine), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By End-User (Hospitals, Clinics, Research Institutes) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Novartis AG, Sanofi, Cipla Inc., IPCA Laboratories, Guilin Pharmaceutical Co. Ltd., Strides Pharma Science Limited, KPC Pharmaceuticals, Inc., Mylan N.V. (now part of Viatris), F. Hoffmann-La Roche AG, Ranbaxy Laboratories (now part of Sun Pharma), Ajanta Pharma Ltd., GlaxoSmithKline (GSK), Pfizer Inc., Bayer AG, Jiangsu Shenhua Pharmaceutical Co. Ltd. |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Artemisinin Antimalarial Drugs Market, by Drug Type (Market Size & Forecast: USD Million, 2022 – 2030) |
4.1. Artemisinin |
4.2. Artemether |
4.3. Artesunate |
4.4. Dihydroartemisinin |
5. Artemisinin Antimalarial Drugs Market, by Combination Therapy (Market Size & Forecast: USD Million, 2022 – 2030) |
5.1. Artemether-Lumefantrine |
5.2. Artesunate-Mefloquine |
5.3. Artesunate-Amodiaquine |
5.4. Artesunate-Sulfadoxine-Pyrimethamine |
6. Artemisinin Antimalarial Drugs Market, by Distribution Channel (Market Size & Forecast: USD Million, 2022 – 2030) |
6.1. Hospital Pharmacies |
6.2. Retail Pharmacies |
6.3. Online Pharmacies |
7. Artemisinin Antimalarial Drugs Market, by End-User (Market Size & Forecast: USD Million, 2022 – 2030) |
7.1. Hospitals |
7.2. Clinics |
7.3. Research Institutes |
8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030) |
8.1. Regional Overview |
8.2. North America |
8.2.1. Regional Trends & Growth Drivers |
8.2.2. Barriers & Challenges |
8.2.3. Opportunities |
8.2.4. Factor Impact Analysis |
8.2.5. Technology Trends |
8.2.6. North America Artemisinin Antimalarial Drugs Market, by Drug Type |
8.2.7. North America Artemisinin Antimalarial Drugs Market, by Combination Therapy |
8.2.8. North America Artemisinin Antimalarial Drugs Market, by Distribution Channel |
8.2.9. North America Artemisinin Antimalarial Drugs Market, by End-User |
8.2.10. By Country |
8.2.10.1. US |
8.2.10.1.1. US Artemisinin Antimalarial Drugs Market, by Drug Type |
8.2.10.1.2. US Artemisinin Antimalarial Drugs Market, by Combination Therapy |
8.2.10.1.3. US Artemisinin Antimalarial Drugs Market, by Distribution Channel |
8.2.10.1.4. US Artemisinin Antimalarial Drugs Market, by End-User |
8.2.10.2. Canada |
8.2.10.3. Mexico |
*Similar segmentation will be provided for each region and country |
8.3. Europe |
8.4. Asia-Pacific |
8.5. Latin America |
8.6. Middle East & Africa |
9. Competitive Landscape |
9.1. Overview of the Key Players |
9.2. Competitive Ecosystem |
9.2.1. Level of Fragmentation |
9.2.2. Market Consolidation |
9.2.3. Product Innovation |
9.3. Company Share Analysis |
9.4. Company Benchmarking Matrix |
9.4.1. Strategic Overview |
9.4.2. Product Innovations |
9.5. Start-up Ecosystem |
9.6. Strategic Competitive Insights/ Customer Imperatives |
9.7. ESG Matrix/ Sustainability Matrix |
9.8. Manufacturing Network |
9.8.1. Locations |
9.8.2. Supply Chain and Logistics |
9.8.3. Product Flexibility/Customization |
9.8.4. Digital Transformation and Connectivity |
9.8.5. Environmental and Regulatory Compliance |
9.9. Technology Readiness Level Matrix |
9.10. Technology Maturity Curve |
9.11. Buying Criteria |
10. Company Profiles |
10.1. Novartis AG |
10.1.1. Company Overview |
10.1.2. Company Financials |
10.1.3. Product/Service Portfolio |
10.1.4. Recent Developments |
10.1.5. IMR Analysis |
*Similar information will be provided for other companies |
10.2. Sanofi |
10.3. Cipla Inc. |
10.4. IPCA Laboratories |
10.5. Guilin Pharmaceutical Co. Ltd. |
10.6. Strides Pharma Science Limited |
10.7. KPC Pharmaceuticals, Inc. |
10.8. Mylan N.V. (now part of Viatris) |
10.9. F. Hoffmann-La Roche AG |
10.10. Ranbaxy Laboratories (now part of Sun Pharma) |
10.11. Ajanta Pharma Ltd. |
10.12. GlaxoSmithKline (GSK) |
10.13. Pfizer Inc. |
10.14. Bayer AG |
10.15. Jiangsu Shenhua Pharmaceutical Co. Ltd. |
11. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Artemisinin Antimalarial Drugs Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Artemisinin Antimalarial Drugs Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Artemisinin Antimalarial Drugs ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Artemisinin Antimalarial Drugs Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.
NA