Global Artesunate Tablet Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 9.0% from 2024 to 2030.
The Artesunate tablet market has witnessed significant growth in recent years, largely due to its essential role in combating malaria, a disease that affects millions globally. Artesunate, derived from the sweet wormwood plant, is widely regarded as one of the most effective treatments for severe malaria, particularly in regions where the disease is endemic. The global demand for Artesunate tablets is driven by rising malaria incidences, increasing awareness about the drug's efficacy, and government-led initiatives to combat malaria. As a result, the market is projected to continue expanding, with a steady increase in both demand and production.
In 2023, the global Artesunate tablet market was valued at several billion dollars, with Asia-Pacific emerging as the largest regional market due to the high prevalence of malaria in countries like India and sub-Saharan Africa. This region holds the largest share, with key players in the market like Cipla, Sanofi, and Novartis working tirelessly to meet local demands. The development of new formulations and improved delivery systems for Artesunate has also contributed to the market's growth, allowing for more efficient treatments with fewer side effects.
According to expert reports, the market is expected to grow at a robust compound annual growth rate (CAGR) of 5-7% in the next five years. This growth is fueled by increased investments in research and development (R&D), along with the introduction of combination therapies that integrate Artesunate with other antimalarial drugs to enhance effectiveness. Governments, healthcare institutions, and non-governmental organizations (NGOs) are increasingly focused on eradicating malaria through the use of affordable treatments, boosting the demand for Artesunate tablets.
As the world continues its fight against malaria, the need for affordable and effective treatments remains paramount. Artesunate tablets offer a viable solution, helping to reduce mortality rates and improve the quality of life for millions of people affected by malaria every year.
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Fosun Pharma (Guilin)
Ipca Laboratories
Sanofi Aventis
Ajanta Pharma
Shin Poong
Cipla
Acino
MCW Healthcare
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Artesunate Tablet Market
Hospital
Clinic
Others
Based on Types the Market is categorized into Below types that held the largest Artesunate Tablet market share In 2023.
Monoaromatic Artesunate
Compound Artesunate
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Artesunate Tablet Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Artesunate Tablet Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Artesunate Tablet Market, By Type
6. Global Artesunate Tablet Market, By Application
7. Global Artesunate Tablet Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Artesunate Tablet Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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