Precision Business Insights has published a report on the global malaria vaccine market, estimating its value at USD 108.4 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 33% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/malaria-vaccine-market

Market Definition:

Malaria vaccines are designed to protect against Plasmodium falciparum, the deadliest malaria parasite. The RTS,S (Mosquirix) and R21/Matrix-M vaccines are currently recommended by the World Health Organization (WHO) for children in malaria-endemic regions.

Drivers:

1)      Rising growing awareness.

2)      Advancements in biotechnology.

The global malaria vaccine market segmentation:
1) By Type of Vaccine: Protein Vaccine, DNA Vaccines, Others.
2) By Target: Pre-Erythrocytic Stage, Erythrocytic Stage, Combined Vaccines.
3) By End user: Hospitals, Vaccination Centres, Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the malaria vaccine market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the malaria vaccine market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like GlaxoSmithKline Plc (U.K.), Sanaria Inc. (U.S.), Mymetics Corporation (Switzerland), Novavax, Inc. (U.S.)

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