+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Antifungal Drugs Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth, and Forecast 2016 - 2024

Pre Book Price: $ 5216

Original Price: $ 5795

Global Antifungal Drugs Market: Overview

The antifungal drugs market is a very successful over-the-counter drug segment, in which robust generic competition is slated to rake in almost 65% to 70% of total market revenues in the near future. The market is characterized by stiff competition both at the global and regional levels and going forward the competition will likely heat up further on account of the foray of many new entrants in the industry.

Antifungal drugs are used to counter fungal infections resulting on account of soggy, unhygienic, and unclean environments in which microscopic organisms such as fungus thrive. Fungi multiply by spreading microscopic spores. The latter either infect the surface of the body such as the skin, or are inhaled and subsequently lead to fungal infections. Fungal infections can harm superficial as well as systemic parts of the body, such as the eye, skin, mouth, and vagina. Systemic fungal infections result from inhalation or ingestion of spores and lead to fungal pneumonia, meningitis, candidaisis, mucormycosis, etc. Fungal infections are mostly non-lethal, but can result in death in rare cases.

In the report, Transparency Market Research provides a detailed analysis of the global market for antifungal drugs, leveraging top-down and bottom-up approaches to estimate the size of the global market. By segmenting the worldwide market based on various parameters, the study presents an in-depth analysis. It also sheds light on the various growth drivers and factors restraining the take-up of antifungal drugs.

Global Antifungal Drugs Market: Trends and Opportunities

At the forefront of driving demand in the global antifungal drugs market is the rising knowledge about fungal infections and the increasing instances of such infections on account of aggravating unhygienic environment in populated cities of the world. Systemic candidiasis, for example, is the most prevalent systemic fungal infection expected to boost growth in the upcoming years. The availability of different antifungal drugs in the market to treat them and the soaring popularity of over-the-counter antifungal drugs for dermal infections has also positively impacted the market. Antifungal drugs aid in deterring fungal cell wall development and disrupt their cell membrane and proliferation of cells. The market for antifungal therapies include powders, drugs, pastes, and ointments. Azoles antifungal drugs hold a dominant share in the market on account of rising awareness about them.

Other factors providing tailwind to the market are favorable government initiatives and corporate funds to boost the industry. Growing healthcare budgets in developing economies are also aiding the market. A recent trend noted by analysts is technological progress in diagnostic tests and devices for more accurate treatment, which further contributes toward market growth.

Countering the growth of the global antifungal drugs market is continued preference for conventional drugs to treat fungal infections. Yet another factor hampering the swift uptake of antifungal drugs is their expensiveness and side effects such as allergies. Diminishing efficacy of the drugs in the face of increasing resistance developed by fungi is another market challenge.

Global Antifungal Market: Regional Outlook

The report segments the market into Asia Pacific, North America, Europe, and the Rest of the World. Among them, North America leads the market with a dominant share. This is because of the major market players being concentrated in the U.S., resulting in extensive research and development in the region for innovating better drugs. Europe follows North America in the anti-fungal drugs market due to the increasing prevalence of fungal infections in the region and development of unique antifungal biopharmaceuticals.

In the near future, Asia Pacific is anticipated to register substantial growth, bolstered by the burgeoning consumer base in the densely populated, swiftly developing economies of India and China. The increasing per capita income, coupled with growing awareness about personal hygiene, and better access to healthcare has stimulated the market in the two nations.

Companies Mentioned in the Report

To present an in-depth assessment of the competition prevailing in the market, the report has profiled some of the key companies operating in the market, such as Merck & Co., Inc., Novartis AG, Sanofi-Aventis, Pfizer, Inc., Bayer AG, Enzon Pharmaceuticals, Inc., GlaxoSmithKline plc, Abbott, and Sigma-Aldrich. In order to capture a greater share in the market, the players are increasingly focusing on product development and carefully considered deal-making.

Global Antifungal Drugs Market is segmented as:

Global Antifungal Drugs Market, by Geography

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

 

 

 

 


To receive discount, please click on the button below.

Please click on the button below to customize this report.

 
 
Back To Top