Antiparasitic Drugs Market, by Product Type (Anthelmintics (Anticestodal Drugs, Antitrematodal Drugs, Antinematodal Drugs), Antiprotozoal Agents (Antimalarials Agents, Antibabesial Agents, Antiamoebic Agents, Others), Ectoparasiticide (Antiscabietic Agents, Pediculicides)), by Route of Administration (Oral, Injectable, Topical), by Application (Human Health, Animal Health, Crop Health), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Antiparasitic drugs treat parasitic infections. These infections result from parasites, which are tiny organisms that live on or inside people and animals. There are various antiparasitic drugs, each drug targets a specific parasite.
Antiparasitic drugs treat several kinds of infections that result from a thousand types of parasites. Three main types of parasites which can make people sick are, Ectoparasites, Helminths, and Protozoas, which are treated with antiparasitic drugs such as anticestodal drugs, antitrematodal drugs, antinematodal drugs, antimalarials agents, antibabesial agents, antiamoebic agents, trypanocidal agents, antileishmanial agents, antiscabietic agents, and pediculicides.
Market Dynamics
Governments of various countries, non-profit organizations, and some market players such as Novartis, etc. are involved in initiatives and campaigns to increase the widespread use of antiparasitic drugs and improve the treatment of tropical diseases including parasitic illness such as malaria, leishmaniasis, Chagas disease, etc. This would in turn increase demand for antiparasitic drugs and hence fuel growth of the global antiparasitic drugs market over the forecast period.
For instance, in October 2021, The President's Malaria Initiative (PMI) of the U. S. launched a new five-year strategy, ‘End Malaria Faster’, with the goal of eliminating malaria within a generation, contributing to global targets of saving more than 4 million lives and averting 1 billion cases by 2025. The five-year PMI strategy seeks to reduce health inequities, improve disease surveillance, and continue to save lives.
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