14-Mar-2022 | Zion Market Research
As per study of Zion Market Research, Antifungal Drug industry gained revenue worth nearly US$ 15.1 billion in 2021 and is anticipated to accrue returns about US$ 20.23 billion by 2028. In addition to this, Antifungal Drug market is prognosis to record CAGR of almost 3.7% in 2022-2028. Apparently, growth of antifungal drug industry over forecasting timespan is owing to rise in fungal infections across 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 azoles segment over forecasting years is subject to production of new anti-fungal drugs with 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 foot. It enhances safety levels and spectrum of activities.
Dermatophytosis Segment To Contribute Majorly Towards Market Size By 2028
Segmental surge over next six years can be credited to rise in incidences of dermatophytosis in individuals. As per NCBI, occurrence of dermatophytosis is found in individuals in 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 antifungal drug market in North America over forecasting timeline is subject to increment in hygiene awareness, acceptance of advanced therapeutics, and increase in number of patients affected from fungal infections.
Some of the major players have strongly impacted growth of antifungal drug industry and will continue to do so even in coming decade. They are Novartis AG, Asperqillus, 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), And By Distribution Channel (Hospital Pharmacies And Retail Pharmacies & Drug Stores): 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
By Indication
By Dosage Form
By Distribution Channel
By Region
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