Current Business Affairs Global Malaria Vaccines Market 2018

Global Malaria Vaccines Market Trends, Analysis, and Forecast To 2025
Market Definition:
As per statistics provided by the World Health Organization (WHO), about half of the world population is at risk of
malaria. This has resulted in an increased preference of various healthcare agencies towards addressing this major
problem. The other non-profit organizations such as the Melinda Gates Foundation and PATH are working towards the
development of preventive measures as well as saving various lives in the malaria hit regions. The largest number of
malaria cases are registered in Africa and therefore, this region is the major target of launching the novel malaria
vaccine developed by GlaxoSmithKline plc. The European approval was granted to Mosquirix in 2015 and is currently
being examined in Africa as a pilot study.
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Market Analysis with Latest Growth Factors:
The African people utilize insecticide-treated mosquito nets as well as indoor-insecticide spraying for protection against
malarial vectors. In Africa, the usage of insecticide-treated mosquito nets increased by 80% during the period of 2010-
2015. Also, large number of mosquito repellent products such as coils, patches, mats, creams, liquids and others are
marketed across the globe. The non-profit organizations are also engaged in providing cheap and free treatment
facilities to the people suffering from malaria in Africa. Also, GSK has thought of selling the vaccines at lower cost
forgoing its huge profit margins in order to support the worldwide malaria eradication programs.
Factors promoting the growth of malaria vaccines market include high demand for vaccines for important diseases
owing to rising focus on biological preparations. The governments across various regions are majorly involved in
programs targeted at curbing malaria. For instance, WHO had withdrawn funding for pilot program in first phase during
2017 and 2020 by the global fund to combat against malaria and other disease such as AIDS and tuberculosis that are
prevalent across the globe?
Market Segmentation:
In 2015, WHO established a global technical strategy for malaria 2016-2030 with some defined goals? One of the major
goals aimed at curbing malaria in at least 10 countries. The Indian government has recognized certain Drug Distribution
Centers (DDCs) and Fever Treatment Depots (FTDs) in the rural areas for offering ease of access to anti-malarial drugs.
Various government programs are being regularly monitored and are under surveillance to reduce malarial cases. This
kind of support from these national as well as global initiatives will fuel the malaria vaccines market growth during the
future period.
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Market