Artesunate Tablet Market Size, Share, and Industry Analysis, By Type (Monoaromatic Artesunate, Compound Artesunate) By Application (Hospital, Clinic, and Others), Regional Insights, and Forecast To 2031

Updated On: 08 July 2024

Artesunate Tablet Market REPORT OVERVIEW

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The global artesunate tablet market size was USD 159 million in 2021 and market is projected to touch USD 286 million by 2031, exhibiting a compound annual growth rate (CAGR) of 6.0% during the forecast period.

Artesunate tablet is a medicine used to treat intestinal sickness. The intravenous structure is linked to quinidine for serious jungle fever. Frequently it is utilized as a feature of blend treatment. It isn't utilized for the anticipation of intestinal sickness. The dynamic constituent of this medication is a subsidiary of artemisinin is a water-solvent hemisuccinate. It very well may be given by infusion into a vein or a muscle or taken by mouth. This medication is by and large very much endured in the body. It seems, by all accounts, to be protected to use during pregnancy or breastfeeding.

Frequently it is utilized as a component of blend treatment, for example, artesunate in addition to mefloquine. It isn't utilized for the anticipation of intestinal sickness. Artesunate can be given by infusion into a vein, infusion into a muscle, by mouth, and by rectum. Artesunate is the first-line treatment for youngsters or grown-ups with serious jungle fever, generally in blend with another antimalarial drug. There is moderate-quality proof that treatment with artesunate in addition to mefloquine is better than treatment with artesunate in addition to amodiaquine or artesunate in addition to sulfadoxine-pyrimethamine. Artemisinin-based blend treatment might be utilized by mouth in people that can endure it following 24 hours by infusion. The different uses and benefits of it facilitates the growth of the  artesunate tablet market.

COVID-19 Impact: Necessity to Improve Market Growth

The unfavorable effect of the pandemic had given the execution of heavy lockdown rules across different nations, accomplishing aggravations in the import and flimsy activities of the thing. At any rate, the progression pursued for importance in the market extended the first-class improvement during the pandemic. With every one of the current circumstances additionally, the advancement of the market of artesunate tablet figures post-COVID-19 is shown in the market.

LATEST TRENDS

"Treating Neurological Illness to Improve Market Growth"

Due to its high effectiveness, low toxicity, and good tolerability, artesunate is a crucial medication for treating cerebral malaria as well as all other forms of severe malaria. Numerous studies have shown that it has numerous pharmacological effects, including those against bacteria, tumors, inflammation, and parasites. As is well known, complex pathophysiologic pathways and various etiopathogenesis frequently play a role in the occurrence and progression of neurological illnesses. With a single mechanism of action and significant side effects are not likely options for treating neurological illnesses. Artesunate may therefore play a significant role in the prevention and treatment of many neurological diseases as a result of its pluripotent activity. Such demands are expected to pose an opportunity for global artesunate tablet market growth during the forecast period.

Artesunate Tablet Market SEGMENTATION

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• By Type

Based on type; the market is divided into monoaromatic artesunate, compound artesunate.

Monoaromatic artesunate are the leading part in the type segment.

• By Application

Based on application; the market is divided into hospitals, clinics, and others.

Hospital is the leading part in the application segment.

DRIVING FACTORS

"Treating Cerebral Malaria to Increase Production"

The water-soluble semi-synthetic artemisinin derivative artesunate has long been used as a standard treatment for cerebral malaria and other forms of severe malaria. It is widely acknowledged that artesunate has a very effective, generally safe, and well-tolerated antimalarial action. Numerous investigations have also demonstrated the broad range of pharmacological effects of artesunate, including its anti-parasite, anticancer, antibacterial, anti-inflammatory, antioxidant, and immunoregulatory effects. More crucially, artesunate's concentration in the brain may be sustained, making it useful for treating conditions with complex pathophysiologic mechanisms and various etiopathogenesis. Such demands are anticipated to drive the artesunate tablet market share.

"Helping in Treating Cerebrovascular Disease to Improve Market Growth"

One of the leading causes of morbidity and mortality worldwide is ischemic cerebrovascular disease (ICD), the most prevalent and common cerebrovascular illness. Due to its extensive range of pharmacological effects, artesunate would have an impact on the ICD. As a significant clinical manifestation of ICD, cerebral ischemia injury, for instance, is a complicated pathological disease that involves a number of inflammatory processes, such as the accumulation of inflammatory cells, the activation of immune cell responses, and the overexpression of cytokines. The accumulation of inflammatory cells and the overexpression of cytokines may be inhibited by artesunate. As a key mediator of cerebral ischemia injury, toll-like receptors have been crucial in the first activation of immune cell responses. These factors and different uses are anticipated to drive the artesunate tablet market growth during the forecast period.

RESTRAINING FACTORS

"Side Effects to Impede Market Growth"

Serious adverse events to artesunate include severe allergic responses and hemolytic anemia, a condition in which red blood cells are destroyed. In general, artesunate is secure and highly accepted. Quinine combined antimalarial antibiotic medication is more likely to result in tinnitus and vomiting than artesunate-based regimens. The artemisinin' most well-known negative effect is that they diminish reticulocyte numbers. Usually, this has no clinical significance. There have been more instances of post-artesunate delayed hemolysis as I.V. Artesunate use has increased (PADH). In patients receiving artesunate for severe malaria, delayed hemolysis (occurring two weeks after treatment) has been noted. These factors restrict the growth of the artesunate tablet market. 

Artesunate Tablet Market REGIONAL INSIGHTS

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"North America to Dominate Market due to High Rate of Consumers"

North America holds the biggest piece of the artesunate tablet market because of the biggest assembling organizations in various conditions of nations like the U.S. being the main makers. The accessibility of assets primarily relies upon the nations of America. The pace of utilization being higher in these districts is additionally one reason. This additionally added to the development in the foundation of different producer organizations to extend the market development in the area.

KEY INDUSTRY PLAYERS

"New Creations by Manufacturers to Improve Market Growth"

The report rotates around the general relationship of get-together people and their new development. Working out true to form to parties the crucial information, it is used through fundamental evaluation, creative turns of events, acquisitions, and interests. Optional perspectives noted for this market merge affiliations that work with and offer new things, the geographic regions they base on, computerization, lead gathering, making the most undeniably repaying pieces, and having ensured contact with their things.

List of Market Players Profiled

• Fosun Pharma (Guilin) (China)
• Ipca Laboratories (India)
• Sanofi Aventis (France)
• Ajanta Pharma (India)
• Shin Poong (South Korea)
• Cipla (India)
• Acino (Switzerland)
• MCW Healthcare (India)

REPORT COVERAGE

This assessment outfits a report with evaluations that consider the portrayal liberated from the business ties that could change the time span that is being tangled. The overview gives a reasonable perspective concerning putting together affiliations with its boundless appearance structures, market authenticity, and late new developments. By examining the parts, for example, division, expected open pieces, energy restores, plans, improvement, size, shares, drivers, blocks, and others, it gives a general appraisal under the course of the finished point by point evaluation. This appraisal could be changed considering the focal information and future market part changes.