The Antiparasitic Drugs Market, estimated at USD 26.09 Bn in 2025, is expected to exhibit a CAGR of 5.6% and reach USD 38.21 Bn by 2032.
The market growth is driven by increasing demand for innovative and effective drugs across diverse therapeutic areas. Advances in drug discovery, biopharmaceuticals, and digital technologies are improving treatment outcomes and operational efficiency. Supportive regulations, rising R&D investments, and a strong focus on patient-centric care are creating new opportunities for pharmaceutical companies.
PAHO (The Pan American Health Organization) and Unitaid launch collaboration to advance the elimination of mother-to-child transmission of Chagas disease. June 30, 2022 Geneva/Washington DC– The Pan American Health Organization (PAHO) and Unitaid, launched a five-year, US$ 2.6 million partnership to scale-up regional and national efforts to eliminate mother-to-child transmission of Chagas disease.
Global Antiparasitic Drugs market– Impact of Coronavirus (COVID-19) Pandemic
WHO advises that ivermectin only be used to treat COVID-19 within clinical trials. For instance, in March 2021 WHO announced Ivermectin, an essential medicine listed by the World Health Organization (WHO), is a broad-spectrum anti-parasitic agent. It is utilized in the treatment of various parasitic diseases, including onchocerciasis (river blindness), strongyloidiasis, and infections caused by soil-transmitted helminths. Additionally, it is employed for the management of scabies.
In response to the growing global attention on the potential use of ivermectin as a treatment for COVID-19, a guideline development group has been assembled. This group comprises independent, internationally recognized experts, including specialists in diverse clinical fields, an ethicist, and patient-partners. Their aim is to review the available evidence and provide guidance on the use of ivermectin in the context of COVID-19. The group reviewed pooled data from 16 randomized controlled trials (total enrolled 2407), including both inpatients and outpatients with COVID-19. They determined that the evidence on whether ivermectin reduces mortality, need for mechanical ventilation, and need for hospital admission and time to clinical improvement in COVID-19 patients is of “very low certainty”, due to the small sizes and methodological limitations of available trial data, including small number of events.
The current guidelines established by the panel did not encompass the examination of the usage of ivermectin for preventing COVID-19. This aspect falls outside the scope of their guidelines and was not specifically considered in its evaluation.
Global Antiparasitic Drugs market: Key Developments
Tackling emerging antimalarial drug resistance in Africa, In November 2022, the new World Health Organization (WHO) strategy builds on lessons learned from past global plans and complements existing strategies, including broader efforts to respond to antimicrobial resistance. It aims to minimize the threat and impact of antimalarial drug resistance in Africa through 4 pillars: