Global Coartem(Artemether/Lumefantrine) Market by Type (Artemether, Lumefantrine), By Application (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global coartem market is expected to register a CAGR of xx% during the forecast period 2018-2030. The market growth can be attributed to the increasing prevalence of malaria, rising demand for coartem in developing countries, and growing awareness about the benefits of early diagnosis and treatment. However, factors such as high cost of treatment and lack of skilled professionals are likely to hamper the growth of this market during the forecast period. Based on type, the global coartem market is segmented into artemether and lumefantrine. The artemether segment is expected to account for a larger share in terms of revenue than lumefantrine during the forecast period. This can be attributed to its higher efficacy against malaria parasites as compared to lumefantrine. Based on application, the global coartem market is segmented into hospital pharmacy, retail pharmacy, online pharmacy.



Get Free Sample Report

Product Definition:

Coartem is a fixed-dose artemisinin-based combination therapy used to treat malaria. It is a combination of artemether and lumefantrine. Coartem is important because it can effectively treat malaria, especially in areas where chloroquine-resistant strains are common.

Artemether:

Artemether is an insecticide used to control the growth of malaria parasites in humans and other animals. It works by blocking a parasite enzyme that is needed for cell division. Artemether/lumefantrine combination is used to treat both human and animal malaria infections.

Coartemic or artemic acid are the first line treatment for P.

Lumefantrine:

Lumefantrine is a semi-synthetic derivative of artemisinine, which is an insecticide used to control insects in various crops. It works by blocking the sodium channels in the insect’s nervous system. The crop protection industry has witnessed significant growth over the past few years owing to increasing awareness among farmers about pest management and sustainable agricultural practices.

Application Insights:

The global market is segmented by application into hospital pharmacy, retail pharmacy, and online pharmacy. The online pharmacies dominated the overall industry in terms of revenue in 2017. This can be attributed to factors such as increasing internet accessibility and rising disposable income among the population globally. Moreover, government initiatives encouraging Online Pharmacy Services (OPS) are expected to further fuel the growth over the forecast period. For instance, according to a survey conducted by eHealth Canada in 2018, around 94% of Canadian adults aged 18 years or above have used some form of OPD at a pharmacist's office or clinic setting during their lifetime while 80% have done so within the last year.

Regional Analysis:

North America dominated the global market in 2017 owing to favorable healthcare policies, increasing COVID-19 positive cases, and high adoption of advanced therapeutics. The region is expected to continue its dominance over the forecast period due to factors such as well-established healthcare infrastructure and rising prevalence of chronic diseases. Moreover, increasing number of hospital pharmacies will further drive the regional market.

Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to improving economic conditions in emerging countries such as India & China and increased focus on quality medical care by government authorities. These factors are expected to boost demand for ARTEM ether/lumefantrine combination tablets in this region over next eight years.

Growth Factors:

Increasing prevalence of malaria: The increasing prevalence of malaria is one of the key growth drivers for the Coartem market. According to the World Health Organization (WHO), there were an estimated 214 million cases of malaria and 438,000 deaths due to malaria in 2015. This number is projected to increase to around 216 million cases and 445,000 deaths by 2020. This growing incidence of malaria is expected to drive demand for Coartem products globally.
Rising awareness about effective treatment options: There is a growing awareness among people about the effective treatment options available for malaria, including Coartem products. This has led to an increase in demand for these products in recent years.
Availability of generic versions: The availability of generic versions of Coartem has helped make these drugs more affordable and accessible to a larger population base worldwide. As a result, this drug class is witnessing strong growth rates across regions where it is available generically at affordable prices..


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Coartem(Artemether/Lumefantrine) Market Research Report
By Type
Artemether, Lumefantrine
By Application
Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
By Companies
Novartis, Sanofi-Aventis, KPC Pharmaceuticals, Inc, Guangxi Xiancaotang Pharmaceutical Co., LTD, Guilin Pharmaceutical Co., Ltd, Kerui Nanhai Pharmaceutical, Kunming Pharmaceutical, Novartis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.

Global Coartem(Artemether/Lumefantrine) Market Report Segments:
The global Coartem(Artemether/Lumefantrine) market is segmented on the basis of:
Types
Artemether, Lumefantrine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Novartis
Sanofi-Aventis
KPC Pharmaceuticals, Inc
Guangxi Xiancaotang Pharmaceutical Co., LTD
Guilin Pharmaceutical Co., Ltd
Kerui Nanhai Pharmaceutical
Kunming Pharmaceutical
Novartis



Get Free Sample Report

Highlights of The Coartem(Artemether/Lumefantrine) Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Artemether
Lumefantrine
By Application:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Coartem(Artemether/Lumefantrine) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

Frequently Asked Questions?