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Antimalarial Drugs Market to Reach USD 1.67 Bn by 2034

Antimalarial Drugs Market Insights Highlighting Combination Therapies and Vaccines

According to market projections, the antimalarial drugs sector is expected to grow from USD 1.07 billion in 2024 to USD 1.67 billion by 2034, reflecting a CAGR of 4.57%. Establishing awareness and government programs are propelling the global market development. In 2024, Africa led the market due to the growing cases and deaths of malaria.

Category: Therapeutic Area Insight Code: 6044 Format: PDF / PPT / Excel

Antimalarial Drugs Market Size, Growth and Top Key Players

The global antimalarial drugs market size is calculated at US$ 1.07 in 2024, grew to US$ 1.12 billion in 2025, and is projected to reach around US$ 1.67 billion by 2034. The market is expanding at a CAGR of 4.57% between 2025 and 2034.

Antimalarial Drugs Market Size 2024 to 2034

From 2020-2025, Africa, mainly South Africa and Nigeria, has been experiencing a growth in malaria cases and deaths, which are highly fueling demand for preventive measures and advanced treatment approaches. Whereas, around the globe, different steps in malaria prevention are going on, such as WHO-powered eradication programs, rising resistance to conventional therapies, and R&D in next-generation combination therapies and vaccines. The global antimalarial drugs market will have immense future opportunities in the development of combination therapies, like artemisinin-based combination therapies (ACTs). This further helps in exploring and improving the efficiency and efficiency and resistance profile of ACTs.

Key Takeaways

  • Antimalarial drugs sector pushed the market to USD 1.07 billion by 2024.
  • Long-term projections show USD 1.67 billion valuation by 2034.
  • Growth is expected at a steady CAGR of 4.57% in between 2025 to 2034.
  • Africa held approximately 55% revenue share of the global antimalarial drugs market in 2024.
  • Asia Pacific is expected to grow at a rapid CAGR in the upcoming years.
  • By drug class, the aminoquinolines segment led with nearly 38% share of the market in 2024.
  • By drug class, the artemisinin-based combination therapies (ACTs) segment is expected to witness the fastest growth during 2025-2034.
  • By mode of action, the blood schizonticides segment captured approximately 52% revenue share of the global antimalarial drugs market in 2024.
  • By mode of action, the gametocytocidal agents segment is expected to grow at the fastest CAGR during the forecast period.
  • By route of administration, the oral segment held the biggest share of nearly 70% in 2024.
  • By route of administration, the injectable segment is expected to be the fastest-growing in the studied years.
  • By application, the treatment segment accounted for the largest share of approximately 82% in 2024.
  • By application, the prophylaxis segment is expected to witness a rapid expansion during 2025-2034.
  • By distribution channel, the hospital pharmacies segment dominated with approximately 46% share of the global antimalarial drugs market in 2024.
  • By distribution channel, the online pharmacies segment is expected to register the fastest growth in the predicted timeframe.

Quick Facts Table

Table Scope
Market Size in 2025 USD 1.12 Billion
Projected Market Size in 2034 USD 1.67 Billion
CAGR (2025 - 2034) 4.57%
Leading Region Africa 55%
Market Segmentation By Drug Class, By Mode of Action, By Route of Administration, By Application, By Distribution Channel, By Region
Top Key Players Novartis AG, Sanofi, Cipla Ltd., Ipca Laboratories Ltd., GlaxoSmithKline, Sun Pharmaceutical Industries Ltd., Lupin Limited, Zydus Lifesciences, Glenmark Pharmaceuticals, Ajanta Pharma Ltd., F. Hoffmann-La Roche Ltd., Macleods Pharmaceuticals Ltd., Mylan/Viatris, Teva Pharmaceutical Industries Ltd., Amneal Pharmaceuticals, Strides Pharma Science Ltd., Hetero Drugs Ltd., Dr. Reddy’s Laboratories, Alkem Laboratories Ltd.

Market Overview: Higher Participation of the WHO

The antimalarial drugs market focuses on pharmaceutical treatments designed to prevent and cure malaria, a parasitic infection caused by Plasmodium species and transmitted through Anopheles mosquitoes. These drugs target different life stages of the parasite (liver stage, blood stage, and gametocytes) to either prevent infection (chemoprophylaxis) or cure the disease. Global demand is shaped by high malaria burden in Africa and parts of the Asia-Pacific, WHO-led eradication programs, growing resistance to traditional therapies, and R&D in next-generation combination therapies and vaccines.

  • In 2025, the market is experiencing significant expansion due to the accelerating R&D efforts, rising awareness regarding malaria and its treatments, and widespread contribution of strategic collaborations.
  • In August 2025, ICMR developed a novel advanced recombinant multi-stage malaria vaccine named Adfalsvax, targeting multiple stages of the malaria parasite's life cycle using genetic technology.
  • In May 2025, African health leaders and global partners collaborated to confront the increasing threat of antimalarial drug resistance.
  • In August 2024, Aurigene Pharmaceutical Services, the CRDMO arm of India-based Dr. Reddy’s, signed a non-binding Memorandum of Understanding (MoU) with Kainomyx, a US-based company with a proprietary platform for the development and commercialization of cost-effective anti-malarial drugs in the US, Europe, and in low and middle-income countries.

What are the AI Factors Impacting the Antimalarial Drugs Market?

In the prospective view, AI has a huge application and importance in the emerging markets, such as its widespread adoption can transform antimalarial drug development. In this process, AI-powered tools support expanding the detection and improvements in the potential drug molecule. Recently, by employing deep learning tools, DeepMalaria, a deep learning model, has been established. This helps in the prediction of the anti-Plasmodium falciparum inhibitory properties of compounds using their SMILES (Simplified Molecular Input Line Entry System).

For instance,

  • In January 2025, Adnexus Biotechnologies Inc. introduced its Trapicolast, a pioneering antimalarial drug developed through its innovative AI-driven Sutra platform.

Market Dynamics

Driver

Evolving Awareness and Government Initiatives

Primarily, the global antimalarial drugs market is fueled by a rise in public awareness campaigns, which are highly involved in educating people regarding malaria prevention and its robust treatment. This leads to major demand for novel and effective antimalarial drugs. Another crucial driver contributing to the market development is the escalating government initiatives in controlling and eliminating malaria. This comprises heavy funding for research and development, distribution of drugs, and public awareness campaigns.

Restraint

Limitations in Healthcare Systems

Around the world, the emergence of major challenges is impacting overall market growth. Inclusion of the shortage of the healthcare system, including a lack of well-developed healthcare infrastructure in different malaria-endemic areas. These areas further lag due to limitations in sufficient diagnostic and treatment facilities, along with a shortage of specialized medical professionals.

Opportunity

Developments in Combination Therapies

During 2025-2034, the global antimalarial drugs market will have numerous and prominent opportunities, especially in the development of combination therapies. Recently, the WHO has recommended 6 diverse artemisinin-derived combination therapies for treating P. falciparum malaria. This further acts as assistance for researchers to explore and boost the efficiency and resistance profile of ACTs. Along with this, the growing developments in antimalarial drugs for pregnant women and young children. This is also accelerating many strategies, such as chemoprophylaxis and intermittent preventive therapy.

Segmental Insights

Which Drug Class Led the Antimalarial Drugs Market in 2024?

The aminoquinolines segment registered dominance in the global market in 2024. As this drug class has a long history regarding its applications in continuous pharmacovigilance, it is widely recommended in the growing malaria cases. Additionally, aminoquinolines are comparatively affordable, which fuels their widespread accessibility in resource-limited areas. Whereas, chloroquine and hydroxychloroquine have been applied for decades to treat malaria, which have strong effectiveness in inhibiting the parasite's growth and replication.

On the other hand, the artemisinin-based combination therapies (ACTs) segment is predicted to expand at a rapid CAGR during the forecast period. As this drug class is currently recommended by the World Health Organization (WHO), it acts as the first-line treatment for uncomplicated malaria. A major benefit of these drug combinations, enable various mechanisms of action, which resolve the development of resistance to artemisinin and its partner drugs. Popular examples of ACTs encompass artemether-lumefantrine, artesunate-amodiaquine, and artesunate-mefloquine.

Why did the Blood Schizonticides Segment Dominate the Market in 2024?

In the global antimalarial drugs market, the blood schizonticides segment dominated with a major share in 2024. This kind of mode of action particularly targets the parasite's asexual blood stages, which are significant causes for the symptoms of malaria. Furthermore, they support stopping the disease progression, preventing the development of severe malaria, and minimizing the risk of transmission. Inclusion of artemisinin and its derivatives, quinoline-based drugs, and other drugs is highly involved in these mechanisms.

And, the gametocytocidal agents segment is estimated to grow rapidly in the projected period. The segment is mainly driven by its direct targeting and killing of gametocytes, which prevents them from being taken up by mosquitoes during a blood meal. This eradication of gametocytes is important in the minimization of malaria transmission and prevention of further spread of drug resistance. For robust malaria prevention, Primaquine is the only drug recently recommended by the WHO for gametocytocidal therapy.

How did the Oral Segment Hold the Largest Share of the Market in 2024?

By route of administration, the oral segment led the antimalarial drugs market in 2024. As this route of administration is convenient and easy for patient compliance is fueling its wider adoption in novel drug development. This mainly comprises numerous antimalarial drugs, especially artemether-lumefantrine (Coartem), atovaquone-proguanil (Malarone), quinine, and mefloquine. As well as in the comparison with other routes, this segment widely assists in reducing hospital visits, is highly and easily accessible in advanced pharmacies, and also impacts its overall progression.

The injectable segment is anticipated to expand rapidly during 2025-2034. The segment is propelled by a rise in the need for efficient treatment of severe malaria, mainly in regions with high malaria burden such as sub-Saharan Africa and Southeast Asia. However, Artemether is used intramuscularly, which is a crucial injectable antimalarial, often employed as a backup for severe cases or when the oral route has limitations. This route has many advantages over oral, like high bioavailability, less time required for essential results, and reduced adverse or side effects which usually occur in oral administration.

Which Application Was Dominant in the Antimalarial Drugs Market in 2024?

In 2024, the treatment segment dominated the market by capturing a major share. A prominent usage of these drugs is to treat and mitigate malaria, which is emerged due to Plasmodium parasites and transmitted through mosquito bites. Along with ACTs, artemisinin is also used intravenously or intramuscularly in the treatment of severe malaria, particularly in cerebral malaria. Other treatments, like Mefloquine and other drugs, are employed in the treatment of chloroquine-resistant malaria.

And, the prophylaxis segment is estimated to expand at the fastest CAGR in the upcoming era. This mainly focused on travelers and the military use. The emergence of different types of prophylaxis, including causal prophylaxis, which acts on the parasite in the liver, as it can further infect red blood cells. In this case, tafenoquine and primaquine are increasingly used. Another type is blood schizonticide prophylaxis, which targets the parasite within red blood cells; this further needs a longer duration of use after travel. Well-known prophylactic drugs such as Atovaquone-proguanil and doxycycline are assisting overall market growth.

What Made the Hospital Pharmacies Segment Dominate in the Market in 2024?

By distribution channel, the hospital pharmacies segment accounted for the biggest share of the global antimalarial drugs market in 2024. A provision of specialized and tailored treatments within healthcare settings is mainly influencing the expansion of hospital pharmacies. Alongside, they support in ensuring the quality, efficacy, and safety of antimalarials through stringent quality control, inventory management, and alliance with medical teams. Moreover, hospital pharmacies are providing patient education and monitoring to expand treatment adherence.

Whereas the online pharmacies segment is predicted to grow rapidly during 2025-2034. Nowadays, developing digital health technologies and raising awareness about these technologies among the public is fueling the growth of these online pharmacies, mainly in urban areas. Additionally, they provide convenient ordering of drugs at home, which further makes it attractive to urban consumers who are looking for a feasible way to get antimalarial drugs. A wide range of transformations in e-commerce platforms is boosting the expansion of online pharmacies as a distribution channel for numerous products.

Regional Insights

Antimalarial Drugs Market Share, By Region, 2024 (%)

What Made Africa Dominate the Antimalarial Drugs Market in 2024?

Africa was dominant in the global market share by 55% in 2024. Involvement of several factors, especially a rise in the burden of malaria with millions of cases and deaths annually, mainly in Sub-Saharan Africa, is fueling greater demand for novel and rigorous antimalarial treatment approaches. As well as, governments in this region are stepping into malaria control and eradication programs. Primarily involved organizations are the World Health Organization (WHO), Medicines for Malaria Venture (MMV), the RBM Partnership to End Malaria, and the Africa Centres for Disease Control and Prevention (Africa CDC).

South Africa Antimalarial Drugs Market

A huge expansion in the malaria cases and deaths in South Africa is mainly fueling demand for both generic and branded anti-malarial drugs, as generics often dominate due to their cost-effectiveness and availability. This region’s government and non-governmental organizations (NGOs) are acting as a significant pillar in procurement and distribution, especially in resource-limited settings.

Nigeria Antimalarial Drugs Market

In this region, wider involvement of the Federal Ministry of Health in scaling up access to antimalarial treatments is acting as a vital driver in the market. As well as the presence of key players, including the private sector, primarily patent medicine vendors (PPMVs), and pharmacies, with a significant shift towards quality-assured Artemisinin-based Combination Therapies (ACTs), is propelling the overall market development.

Accelerating Surveillance and Eradication Strategies are Driving the Asia Pacific

During 2025-2034, the Asia Pacific is estimated to register the fastest expansion in the antimalarial drugs market. In India, China, and other areas of Southeast Asia, fostering innovations in new drug classes by wide-range investments in R&D. This trend also includes highlighting drug resistance and how to improve overall treatment effectiveness. As well as further putting efforts into the integration of surveillance and elimination strategies, which are going to be executed for optimizing malaria control and eradicating malaria.

The Antimalarial Drugs Market Value Chain Analysis

R&D

In this sector, with the emergence of investment and participation of scientific research personnel discovery of new candidates, their further developments are being catered to. This also expands the study of drug resistance and optimizing treatment efficacy.

Key Players: Novartis AG, Cipla, Fosun Pharma, Medicines for Malaria Venture (MMV), and Drugs for Neglected Diseases initiative (DNDi), etc.

Distribution to Hospitals, Pharmacies

This usually occurs through the developed supply chains, in which hospitals often receive drugs from respective regional stores and pharmacies acquire from different sources, such as wholesalers or direct suppliers.

Key Players: Max Healthcare, Hiranandani Hospital, IndiaMART, Unicure Remedies Pvt Ltd, and Skymax Life Science Pvt Ltd, etc.

Patient Support and Services

Across the globe, different campaigns are making efforts to educate people regarding malaria symptoms, prevention, and medications. Alongside, through the programs they are distributing insecticide-treated bed nets, offering intermittent preventive treatment for pregnant women, or educating communities to reduce mosquito breeding.

Key Players: Seasonal Malaria Chemoprevention (SMC), Mass Drug Administration (MDA), PAHO, NIH, etc.

Top Companies in the Antimalarial Drugs Market

Antimalarial Drugs Market Companies

  • Novartis AG
  • Sanofi
  • Cipla Ltd.
  • Ipca Laboratories Ltd.
  • GlaxoSmithKline
  • Sun Pharmaceutical Industries Ltd.
  • Lupin Limited
  • Zydus Lifesciences
  • Glenmark Pharmaceuticals
  • Ajanta Pharma Ltd.
  • F. Hoffmann-La Roche Ltd.
  • Macleods Pharmaceuticals Ltd.
  • Mylan/Viatris
  • Teva Pharmaceutical Industries Ltd.
  • Amneal Pharmaceuticals
  • Strides Pharma Science Ltd.
  • Hetero Drugs Ltd.
  • Dr. Reddy’s Laboratories
  • Alkem Laboratories Ltd.  

Latest Announcements by Industry Leaders

  • In August 2025, under the leadership of the Ministry of Health and Public Hygiene, and with the support of Gavi, the Vaccine Alliance, the World Health Organization (WHO), UNICEF, and PATH, Guinea announced the malaria vaccine into its Expanded Programme on Immunization (EPI). Dr. Oumar Diouhé Bah, Minister of Health and Public Hygiene, commented that this step will empower the health system by protecting their population throughout the country in the long term.
  • In April 2025, the Pan American Health Organization (PAHO) and CAF Development Bank of Latin America and the Caribbean (CAF) announced a Memorandum of Understanding to expand malaria control activities in the Amazon border regions of countries of the Americas. PAHO Director Dr. Jarbas Barbosa replied that this will support in tackling malaria at the regional level and enhancing the objectives of the Disease Elimination Initiative.

What are the Recent Developments in the Antimalarial Drugs Market?

  • In August 2025, South Sudan launched the second phase of R21 malaria vaccine introduction in 52 counties to protect children.
  • In July 2024, GSK and Medicines for Malaria Venture (MMV) unveiled a newer single-dose medicine, tafenoquine, to mitigate the relapse of Plasmodium vivax (P. vivax) malaria in malaria-endemic countries Brazil and Thailand.
  • In October 2024, AMIVAS Ireland Ltd (AMIVAS), a biopharmaceutical company, launched its Artesunate AMIVAS in Europe and the U.K.

Segments Covered in the Report

By Drug Class

  • Aminoquinolines
    • Chloroquine
    • Hydroxychloroquine
    • Primaquine
  • Artemisinin-based Combination Therapies (ACTs)
    • Artemether–Lumefantrine
    • Artesunate–Amodiaquine
    • Artesunate–Mefloquine
    • Dihydroartemisinin–Piperaquine
    • Artesunate–Sulfadoxine–Pyrimethamine
  • Quinine & Related Agents
    • Quinine sulfate
    • Quinidine gluconate
  • Antibiotics used in Malaria
    • Doxycycline
    • Clindamycin
  • Others
    • Atovaquone–Proguanil
    • Sulfadoxine–Pyrimethamine

By Mode of Action

  • Blood Schizonticides
    • Artemisinin derivatives, chloroquine, quinine, mefloquine
  • Tissue Schizonticides
    • Primaquine, Atovaquone–Proguanil
  • Gametocytocidal Agents
    • Primaquine, Tafenoquine

By Route of Administration

  • Oral
  • Injectable (Intravenous/Intramuscular)

By Application

  • Treatment
  • Prophylaxis

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 25 August 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The antimalarial drugs market in 2025 is valued at USD 1.12 billion and is projected to climb to USD 1.67 billion by 2034, with a CAGR of 4.57% over the forecast period.

Africa is currently leading the antimalarial drugs market share 55% due to a huge burden of malaria cases and deaths are boosting demand for novel and effective antimalarial approaches, including drugs.

Some key players include Novartis AG, Sanofi, Cipla Ltd., Ipca Laboratories Ltd., and GlaxoSmithKline.

Key trends include the broader demand for antimalarial vaccines, growth in awareness programs, and innovations in combination therapies and ACTs.

The side effects of antimalarial drugs are gastrointestinal issues, headache, blurred vision, insomnia, and neuropsychiatric issues. 

WHO, CDC, NIH, US FDA, NCVBDC, NHM, MedlinePlus.gov, defence.gov