Antifungal Drugs Market Demand 2021 Global Analysis, Industry Size, Share Leaders, Current Status, Major Key Vendors and Trends by Forecast to 2027
Research Reports
Jan 22, 2021
Reports and Data added a research publication document on Global antifungal drugs market. Breaking the business down into major segments and highlighting different regions to get an in-depth analysis of this market. The study perfectly balances both subjective and statistical information to explain the current market scenario. The study uses relevant market data, like for historical years it uses data from 2016-2018 and taking 2019 as the base year it gives a result which is predicted to the year 2026.
The global antifungal drugs market is expected to reach USD 13.03 Billion by 2026, according to a new report by Reports and Data. Antifungal drugs are used to treat fungal infections. Rising prevalence of fungal infections and fungal diseases is one of the most significant factors anticipated to boost the market demand in the upcoming years. Though most of the infections caused by fungus are non-fatal in nature but cause great inconvenience in the people suffering from it and as a result would require proper medication for their cure.
The emerging and present key participants in the Antifungal Drugs market are:
Merck & Co. Inc., Novartis AG, Pfizer Inc., Bayer AG, Enzon Pharmaceuticals Inc., GlaxoSmithKline PLC, Abbott, Sigma-Aldrich, Glenmark Pharmaceuticals, and Astellas Pharma Inc. among others.
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Profitability scope and Prospects:
The key participants who have shown tremendous growth in the Antifungal Drugs market have been included in the report. In the report, data from 2016 to 2018, shows that some of the companies have shown enormous sales revenues, with the net revenue being doubled and the profits continually increasing. The profitability of the products being sold by the company indicates the influence and competitive advantage these companies have over the others.
For the purpose of this study, Reports and Data have segmented the market on the basis of Product, End user, Application and region:
Dosage Form Outlook (Revenue, USD Million; 2016-2026)
- Liquid or Spray
- Shampoo
- Gels
- Injections
- Pills
- Creams
Indication Outlook (Revenue, USD Million; 2016-2026)
- Candidiasis
- Dermatophytosis
- Aspergillosis
- Others
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Distribution Channel Outlook (Revenue, USD Million; 2016-2026)
- Hospitals Pharmacies
- Specialty Clinics
- Retail Pharmacies
- Online Pharmacies
Regional Outlook (Revenue in USD Million; 2016–2026)
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
Further key findings from the report suggest:
- Azoles held the largest market share of over 40% in 2018 and is expected to witness the fastest growth rate of 1.6% in the forecast period. The growing demand of Azoles may be attributed to the ongoing development of novel antifungal drugs by making use of the azole group.
- Azoles are extensively used for the treatment of superficial and invasive fungal infections. The drug has fewer side-effects, less severe drug interactions, and enhanced absorption and distribution properties.
- Dermatophytosis held a market size of USD 2.79 billion in 2018 and is estimated to grow at the fastest rate of 1.7% throughout the forecast period owing to the increasing prevalence of skin infections especially in children.
- The antifungal drugs market in North America contributed to the largest market share of around 40% in 2018 and is estimated to grow at a rate of 1.1% during the forecast period.
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The Antifungal Drugs report addresses the following questions:
- Understand the demand for global Antifungal Drugs to determine the viability of the market.
- Identify the developed and emerging markets where Antifungal Drugs are offered.
- Identify the challenge areas and address them.
- Develop strategies based on the drivers, trends and highlights for each of the segments.
- Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
- Recognize the key competitors of this market and respond accordingly.
- Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
- Define the competitive positioning by comparing the products and services with the key players in the market.
Highlights of the TOC:
Report Overview
1.1 Research Scope
1.2 Key Antifungal Drugs market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Antifungal Drugs market size
2.2 Latest Antifungal Drugs market trends
2.3 Key growth trends
Competitive Landscape
3.1 Global Antifungal Drugs market key players
3.2 Global Antifungal Drugs size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Antifungal Drugs market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Continued….
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Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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