India Malaria Vaccine Market, By Vaccine Type (Pre-Erythrocytic, Erythrocytic, Multi-antigen, Others), By Route of Administration (Intramuscular, Subcutaneous, Intradermal, Others), By Region, Competition, Forecast & Opportunities, 2028

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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India Malaria Vaccine Market, By Vaccine Type (Pre-Erythrocytic, Erythrocytic, Multi-antigen, Others), By Route of Administration (Intramuscular, Subcutaneous, Intradermal, Others), By Region, Competition, Forecast & Opportunities, 2028

India malaria vaccine market is anticipated to observe impressive growth during the forecast period, 2024-2028. Rising awareness among people for early detection and treatments coupled with the rising number of people suffering from malaria are expected to augment the growth of the India malaria vaccine market.

Rise in Occurrences of Malaria

According to the World Health Organization (WHO), India accounted for 3% of the global malaria burden in 2019, with an estimated 247 million cases of malaria.

Download Free Sample ReportIncreasing Government Support

For instance, in 2022, the Ministry of Health and Family Welfare of India launched a campaign named Jan Abhiyaans with log bhaagidari (people’s participation) to enthuse and engage people and communities to ensure that their neighborhoods, premises, and homes for vector control and elimination.


MIR Segment1

Growing Awareness About the Importance of Malaria Treatment

Growing awareness among people about the importance of malaria treatment is a significant factor that can contribute to the growth of the India malaria vaccine market. In recent years, there has been growing awareness among people about the importance of malaria prevention, diagnosis, and treatment. This growing awareness has been supported by government initiatives and public health campaigns aimed at educating people about the disease and its prevention and treatment. As more people become aware of the importance of malaria prevention and treatment, there is a greater demand for effective tools for malaria control, including vaccines. Also, the growing awareness among people about the importance of malaria treatment and prevention is also creating a favorable environment for investment in malaria vaccine research and development. Investors and stakeholders are increasingly recognizing the potential of the malaria vaccine market, and the growing demand for malaria vaccines is likely to drive investment in this area. Furthermore, the growing awareness about the importance of malaria treatment is also creating a demand for affordable and effective malaria vaccines. This demand is particularly significant in India, where access to healthcare is often limited in rural and underprivileged areas. Affordable and effective malaria vaccines can help to reduce the burden of malaria in these areas and improve access to healthcare for vulnerable populations.

Growing Research & Development Activities

Recent Developments

In 2023, the India Health Fund (IHF), which is a funding initiative by Tata Trusts, has announced its support for the two platform tools developed by Ameliorate Biotech Pvt Ltd and Medprime Technologies, the tools are a fever panel to detect chikungunya, dengue, malaria and microscope-agnostic AI-enabled diagnosis software that is applicable across diseases.

In 2021, Serum Institute of India announced that it had partnered with the University of Oxford to develop a new mRNA-based malaria vaccine. The vaccine will use the same technology that was used to develop the Pfizer-BioNTech and Moderna COVID-19 vaccines. The mRNA vaccine has the potential to provide a more effective immune response compared to traditional vaccines.

For instance, in 2019, Abbott announced its collaboration between the government of the eastern Indian state of Odisha and Malaria No More to strengthen Odisha's malaria detection and surveillance system, and also to eliminate malaria in the state.

Such initiatives, product launches, mergers and acquisitions are expected to support the growth of the India malaria vaccine market in the forthcoming years.

Market Segmentation

India Malaria Vaccine Market is segmented into vaccine type, roue of administration and company. Based on vaccine type, India malaria vaccine market can be divided into pre-erythrocytic, erythrocytic, multi-antigen, and others. Based on route of administration, the India malaria vaccine market is divided into intramuscular, subcutaneous, intradermal, and others. Regionally, the India malaria vaccine market can be categorized into North India, South India, East India, and West India.


MIR Regional

Market Players

Gennova Biopharmaceuticals Ltd, Zydus Group, Serum Institute of India Private Limited, Bharat Biotech International Limited, Indian Immunologicals Limited, Panacea Biotec, Mynvax, Cadila Pharmaceuticals, Biological E Limited, and Sanofi Pasteur

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Company share, Competitive landscape, Growth factors, and Trends

Segments covered

Vaccine Type

Route of Administration

Company

Country scope

North India, South India, East India, and West India.

Key companies profiled

Gennova Biopharmaceuticals Ltd, Zydus Group, Serum Institute of India Private Limited, Bharat Biotech International Limited, Indian Immunologicals Limited, Panacea Biotec, Mynvax, Cadila Pharmaceuticals, Biological E Limited, and Sanofi Pasteur

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