Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What fueled the previous growth in the antiparasitic drugs market?

The market for antiparasitic drugs has seen robust growth in recent times. The market is projected to increase from a value of $24.06 billion in 2024 to $25.75 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.0%. Factors such as the prevalence of parasitic infections, resistance to current therapies, and worldwide health campaigns have contributed to the growth experienced in the preceding period.

What will be the antiparasitic drugs market size in the future?

The market for antiparasitic drugs is predicted to experience robust expansion in the coming years, with projections estimating it will reach $33.64 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.9%. This anticipated growth over the forecast period can be ascribed to the emergence of parasitic threats, changes in climate, and vector-borne diseases, along with a heightened focus on global health security, and access to healthcare. Key trends for the forecast period encompass advancements in drug development, targeted treatments, combined therapies, collaborations between public and private sectors, as well as the rise of telemedicine and remote diagnostics.

Get your antiparasitic drugs market report here!

https://www.thebusinessresearchcompany.com/report/antiparasitic-drugs-global-market-report

What main drivers are fueling expansion in the antiparasitic drugs market?

The rise in the occurrence of diseases transmitted by vectors is anticipated to stimulate the expansion of the antiparasitic drugs market in the foreseeable future. Vector-borne diseases represent infections passed on to humans or other animals through arthropods, primarily insects like ticks, mosquitoes, and flies. Conditions such as dengue, malaria, and yellow fever fall under the category of vector-borne diseases. Antiparasitic drugs are critical in curbing the spread of such diseases as they target and eradicate the causative parasites. Several antiparasitic drugs such as chloroquine, atovaquone-proguanil, and doxycycline are frequently employed in the treatment of malaria. In June 2024, the Centers for Disease Control and Prevention, a U.S. Government agency, reported that over 9.7 million dengue cases were reported from January to June 2024 across the Americas, which is a significant increase compared to 4.6 million cases in 2023. Puerto Rico noted 1,498 dengue instances with 745 cases recognized among U.S. travelers returning from impacted regions. Consequently, the escalating incidence of vector-borne diseases is driving the growth of the antiparasitic drugs market. The antiparasitic drugs market is poised for growth, propelled by the high rates of parasitic infections. These infections stem from microscopic parasites or larger organisms that survive and proliferate at their host’s expense, frequently resulting in harm or disease. Antiparasitic drugs play a pivotal role in managing and containing parasitic infections, promoting better health outcomes, and easing the disease burden on affected individuals and communities. According to Gov. UK, a UK-based government website, a total of 31 rickettsial infection cases were documented in EWNI in 2022, which included 30 in England and 1 in Wales. Among these, 17 (55%) were confirmed cases, while 14 (45%) were probable cases. Therefore, the high prevalence of parasitic infection prompts the growth of the antiparasitic drug market.

What key areas define the segmentation of the global antiparasitic drugs market?

The antiparasitic drugs market covered in this report is segmented –

1) By Product Type: Anthelmintics, Antiprotozoals, Ectoparasiticide, Other Products

2) By Treatment: Avermectins, Bezimidazoles, Pyrimidines, Organophosphates, Imidazolesthiazoles

3) By Route of Administration: Oral, Injectable, Topical

4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users

Subsegments:

1) By Anthelmintics: Benzimidazoles, Ivermectin, Pyrantel Pamoate, Praziquantel

2) By Antiprotozoals: Metronidazole, Tinidazole, Nitazoxanide, Pentamidine

3) By Ectoparasiticides: Permethrin, Malathion, Lindane, Fipronil

4) By Other Products: Combination Antiparasitic Drugs, Novel Antiparasitic Agents

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=12927&type=smp

Who are the dominant players expanding their reach in the antiparasitic drugs market?

Major companies operating in the antiparasitic drugs market are Pfizer Inc., Johnson & Johnson, Cadila Pharmaceuticals, Merck & Co.Inc., Bayer AG, Novartis AG, Sanofi S.A., GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim group, Zoetis Inc., Eisai Co. Ltd., Covetrus Inc., IDEXX Laboratories Inc., Dr. Reddy’s Laboratories, Intas Pharmaceuticals Ltd., Alkem Laboratories Ltd., Ceva Sante Animale S.A., Elanco Animal Health Incorporated, Phibro Animal Health Corporation, Norbrook Laboratories Ltd., Mankind Pharma, Neogen Corporation, Bimeda Inc., Indoco Remedies Ltd., ECO Animal Health, Lincoln Pharmaceuticals Ltd., Laboratorios Calier.

How are evolving market trends shaping antiparasitic drugs Strategies?

A primary focus of key players in the antiparasitic drug market is the creation of innovative products, like chewable veterinary items, which enhance convenience of administration and boost pet acceptance. Chewable veterinary items consist of flavored, easy-to-distribute tablets or snacks, designed to supply animals with medication. These products increase pet acceptance by making the treatment more flavorful and stress-free. For example, C.H. Boehringer Sohn AG and Co. KG, a pharmaceutical company based in Germany, introduced NexGard Spectra in April 2024 to offer comprehensive parasite control. NexGard SPECTRA is a savory, soft chew that provides inclusive internal and external parasite control for dogs, effectively combating fleas, ticks, heartworms, and a variety of intestinal worms with just a single monthly dose. Within four hours of administration, it quickly exterminates fleas and exhibits over 99% efficacy against numerous parasites shortly after.

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12927

Which regions are emerging as leaders in the antiparasitic drugs market?

North America was the largest region in the antiparasitic drugs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in antiparasitic drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Browse Through More Similar Reports By The Business Research Company:

Voice Assistant Application Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/voice-assistant-application-global-market-report

Application Management Services Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/application-management-services-global-market-report

Application Testing Services Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/application-testing-services-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: