Malaria and Sickle Cell Disease Treatment Market Scope and Key Players Analysis by 2030
Malaria and Sickle Cell Disease Treatment Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 4.46 Billion |
Market Size by 2030 | US$ 29.18 Billion |
Global CAGR (2022 - 2030) | 26.5% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Treatment
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various initiatives taken by key players operating in the global malaria and sickle cell disease treatment market are listed below:
- In November 2022, Novartis and Medicines for Malaria Venture (MMV) announced decision to move to Phase 3 study for novel non-artemisinin combination to treat uncomplicated malaria. This novel combination also contains an optimized formulation of lumefantrine, which allows it to be given once daily versus the usual twice-daily administration.
- In October 2022, Pfizer Inc acquired Global Blood Therapeutics Inc. GBT brings a portfolio and pipeline that has the potential to address the full spectrum of critical needs for this underserved community. GBT discovered and developed Oxbryta (voxelotor), a first-in-class medicine that directly targets the root cause of SCD.
Competitive Landscape and Key Companies:
Cipla Ltd, Pfizer Inc, Sun Pharmaceutical Industries Ltd, Sanofi SA, GSK Plc, Novartis AG, Pfizer Inc, Emmaus Life Sciences Inc, AdvaCare Pharma USA LLC, VLP Therapeutics LLC, and Lupin Ltd are among the major malaria and sickle cell disease treatment companies. These companies focus on new technologies, advancements in existing products, and geographic expansions to meet the growing consumer demand worldwide.