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Caspofungin Market Size, Growth, Segmentation, Share, Forecast 2020-2026
Caspofungin Market
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According to CDC estimation, Candidemia, that is the presence of a Candida species, is one of the most common bloodstream infections. Additionally, the average incidence in the US between the period of 2013-2017 was approximately 9 per 100,000 people. Hence, the increasing cases of candidiasis are anticipated to drive the caspofungin market shares.
Additionally, the incidence of life-threatening aspergillus infections across the globe has risen in recent years. Some of the common aspergillus infections among the population include invasive aspergillosis, ABPA CPA, and aspergilloma. Caspofungin was first approved for the treatment of invasive aspergillosis in patients that are intolerant of other therapies. Hence, the rising incidences of various aspergillus infections and the application of caspofungin in its treatment will drive the growth of the caspofungin market.
Additionally, the kidney fungal infection was also significantly reduced when treated with caspofungin. This will significantly aid in increasing the caspofungin market share during the forecast period as the prevalence of kidney related disease is raising greatly across the globe. Caspofungin is also used to treat various urinary tract infections that are induced by candida, especially in the infection that is caused by non-albicans species of Candida.
Moreover, Caspofungin’s minimum side effect and low nephrotoxicity are also increasing its adoption to treat fungal infections in patients with compromised renal function. Therefore, the increased adoption of caspofungin drugs in the treatment of various kidney infection will significantly drive the growth of the caspofungin market during the forecast period.
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Caspofungin Market- Segmentation
By Infection Type
• Candidiasis
• Thrush
By Dosage Form
• Powders
• Ointments
• Drugs
Caspofungin Market-Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East Africa
Company Profiles
• Altan Pharma Ltd.
• Alvogen
• Centrient Pharmaceuticals
• Cipla Ltd.
• Fresenius SE & Co. KGaA
• LivealthBioPharma Pvt. Ltd.
• MDA Inc.
• Merck & Co. Inc.
• Mylan NV
• New Xellia Group A/S
• ParchemFine &Specialty Chemicals
• Pfizer Inc.
• Rewine Pharmaceutical
• Sanofi SA
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