Antifungal Drug Market Revenue Estimated Around USD 20.23 Billion By 2028

According to the report, the global antifungal drug market size was valued at approximately USD 15.1 billion in 2021 and is predicted to reach around USD 20.23 billion by the end of 2028, expanding at a CAGR of around 3.7% from 2022 to 2028. Apparently, growth of antifungal drug industry over the forecasting timespan is owing to rise in fungal infections across the globe.

In addition to this, increase in cases of hospital acquired infections in patients will steer size of antifungal drug market. Apart from this, surge in research activities related to antifungal drugs will prop up expansion of antifungal drug market over ensuing years. Large-scale demand for antifungal drugs such as echinocandins, azoles, and polyenes in treating fungus will embellish expansion of antifungal drug market. Furthermore, launching of new formulated drugs for treating severe fungal infections will open new vistas of growth for antifungal drug market in ensuing years.

Azoles Segment To Lead Drug Type Landscape Over 2022-2028

Expansion of the azoles segment over forecasting years is subject to the production of new anti-fungal drugs with the use of azoles. Moreover, these drugs are extensively utilized in superficial, systemic, and invasive fungal infections. In addition to this, they are utilized for treating yeast infection, aspergillosis, ringworm, seborrheic dermatitis, and athlete's foot. It enhances safety levels and the spectrum of activities.

Dermatophytosis Segment To Contribute Majorly Towards Market Size By 2028

Segmental surge over the next six years can be credited to a rise in incidences of dermatophytosis in individuals. As per NCBI, the occurrence of dermatophytosis is found in individuals in the age range of 11 to 20 years and 21 to 30 years.

North America To Contribute Majorly Towards Regional Market Revenue Over 2022-2028

Rapid progression of the antifungal drug market in North America over the forecasting timeline is subject to an increment in hygiene awareness, acceptance of advanced therapeutics, and an increase in several patients affected by fungal infections.

Some of the major players have strongly impacted the growth of the antifungal drug industry and will continue to do so even in the coming decade. They are Novartis AG, Aspergillus, Kramer Laboratories, Abbott Laboratories, Sanofi S.A., Alternaria, Enzon Pharmaceuticals, Inc., Pfizer Inc., Merck & Co., GlaxoSmithKline plc, Bayer Healthcare, and Gilead Sciences, Inc.

Browse the full “Antifungal Drug Market - By Drug Type (Echinocandins, Azoles, Polyenes, and Allylamines), By Indication (Aspergillosis, Dermatophytosis, and Candidiasis), By Dosage Form (Powder, Ointments, and Tablets), By Distribution Channel (Hospital Pharmacies and Retail Pharmacies & Drug Stores), and By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022 - 2028” Report at https://www.zionmarketresearch.com/report/antifungal-drug-market

The global Antifungal Drug Market is segmented as follows:

By Drug Type

• Echinocandins
• Azoles
• Polyenes
• Allylamines

By Indication

• Aspergillosis
• Dermatophytosis
• Candidiasis

 By Dosage Form

• Powder
• Ointments
• Tablets

By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies & Drug Stores

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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