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Aspergillosis Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Aspergillosis is a medical condition in which infection or allergic reaction is caused due to aspergillus mold which are generally found in the environment. Various types of aspergillosis are allergic bronchopulmonary aspergillosis, allergic aspergillus sinusitis, aspergilloma, chronic pulmonary aspergillosis, invasive aspergillosis, and cutaneous (skin) aspergillosis. According to the Centers for Disease Control and Prevention, allergic bronchopulmonary aspergillosis affects approximately 15% cystic fibrosis patients, 2.5% asthma and tuberculosis patients. Hence, the aspergillosis treatment market is projected to witness strong growth due to increase in number of cases of aspergillosis and increase in treatment options. Moreover, growing awareness about aspergillosis treatment among the population, rising demand for treatment, increasing incidence of aspergillosis, and improvement in its diagnosis methods propel the aspergillosis treatment market.

Currently, the aspergillosis treatment market is experiencing extensive research and development with significant number of new product introduction. This encourages manufactures to cater to the increasing patient demand for efficient and effective treatment modality. The aspergillosis treatment market is a one of the highly consolidated markets, with significant share held by top industry players such as Pfizer, Inc., Novartis AG, Astra Zeneca plc, Abbott Laboratories, Inc., Merck & Co., and GlaxoSmithKline. Most of the companies undertake considerable research efforts toward development of novel drug regimen coupled with substantial support in terms of funding. This has contributed to the growth of this market. Therefore, high unmet needs for curative treatment of aspergillosis will present significant opportunity in the market. Growth of the global aspergillosis market is likely to be driven by emerging economies in Asia, where the disease prevalence is comparatively high.

Rising incidence and prevalence of aspergillosis explains the need of aspergillosis treatment in the region, and thereby the potential of aspergillosis drugs in the market. Therefore, rising incidence of aspergillosis is a major factor driving the aspergillosis treatment market in the region. Other major factors boosting the market are rising demand for advanced aspergillosis treatment, intra-industry competition, and increasing new entrants. The aspergillosis treatment market is consolidated due to increase in inorganic growth activities such as mergers and acquisitions. However, declining prices led by increasing competition have impacted industry profit margins. Therefore, most of the players have adopted the strategy of increasing research activities to develop novel products in the aspergillosis treatment market. The aspergillosis treatment market has recorded continuous growth annually. Moreover, factors which declining cost of aspergillosis treatment, patent loss and increasing number of generic drugs are driving the growth of aspergillosis treatment market. Increasing operational cost and rising number of new entrants such as regional and multinational industry players are the key factors fueling the growth of the aspergillosis treatment market.

The global aspergillosis treatment market has been segmented based on drug class and region. Based on drug class, the aspergillosis treatment market has been segmented into antifungals and corticosteroids. In terms of region, the aspergillosis treatment market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to account for significant share of the aspergillosis treatment market during the forecast period. However, the market in Asia Pacific is projected to expand at a significantly high CAGR during the forecast period. The market study report offers an extensive and in-depth assessment of the aspergillosis treatment market and also contains situational analysis, facts, insights, historical data, and statistically supported market data which is validated through industry key opinion leaders. It also offers market estimations with the help of suitable assumptions and methodologies. The market research report contains deep analysis and thorough information according to market segments such as product type, application and region.

Key players operating in the global aspergillosis treatment market are GlaxoSmithKline, Mylan Pharmaceuticals, Inc., Novartis AG, Abbott laboratories, Eli Lilly and Company, AstraZeneca plc, Pfizer, Inc., Johnson & Johnson Services, Inc., and Takeda Pharmaceutical Company Ltd.

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. 


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


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