The Global Malaria Vaccines Market is estimated to be valued at USD 550.1 Mn in 2024 and is expected to reach USD 1,252.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 12.5% from 2024 to 2031.
Key Takeaways of the Malaria Vaccines Market:
Market Overview:
Factors, such as rising global incidences of malaria, growing government support, and increasing R&D funding by private and public organizations, are expected to drive the demand for novel and effective malaria vaccines. Currently, there is no highly effective vaccine for malaria however few vaccines are under development which shows promise. If approved, these vaccines could help reduce malaria burden globally and complement other preventive and therapeutic measures. Furthermore, initiatives by WHO to eradicate malaria by 2030 will further contribute towards the growth of this market. Developme
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Key Developments:
Top Strategies Followed by Global Malaria Vaccines Market Players
Emerging Startups - Malaria Vaccines Industry Ecosystem
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