Global Antifungals Market: Industry Analysis and Forecast (2020 to 2030): By Drug Type, End Users, By Route of Administration, and Region
The Business Research Company offers "Antifungals Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global antifungals market is expected to decline from $11.3 billion in 2019 to $10.6 billion in 2020 at a compound annual growth rate (CAGR) of -6.4%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the pharmaceutical sector. The disruptions due to extended factory closures in various countries, shortage of APIs and other chemicals, rise in prices of key ingredients, and slowed production are the key factors for this decline. The market is then expected to recover and grow at a CAGR of 5.7% from 2021 and reach $14 billion in 2023
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The antifungals market consists of sales of antifungal drugs which are used to detect and eliminate fungal pathogens. The fungal pathogens thrive in the body under unhygienic and unclean environments. These drugs are also known as an antimycotic medication, used to treat and prevent mycosis such as athlete`s foot, ringworm, candidiasis (thrush), serious systemic infections such as cryptococcal meningitis, and others.
Antifungal drugs manufacturers are offering skimming price for branded drugs. The discovery, development and manufacturing processes of branded drugs generally require high investments. As a result, companies in the market offer the branded drugs at the highest initial prices, and implement other pricing strategies to ensure the product stays competitive at a high price. Price skimming is a pricing strategy in which a company charges a high initial price and then gradually lowers the price to attract more price-sensitive customers.
Antifungals Market Segmentation:
By Drug Type
1.Echinocandins
2.Azoles and Polyenes
3.Allylamines
End Users
1.Hospitals & Clinics
2.Dermatology clinics and Other Users
By Route of Administration
1.Oral
2.Parenteral
3.Topical
By Therapeutic Indications
1.Aspergillosis
2.Dermatophytosis
3.Candidiasis and Others
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Few Points From Table Of Content
1. Executive Summary
2. Antifungals Market Characteristics
3. Antifungals Market Size And Growth
4. Antifungals Market Segmentation
5. Antifungals Market Regional And Country Analysis
....
26. Key Mergers And Acquisitions In The Antifungals Market
27. Antifungals Market Trends And Strategies
28. Product Pipeline Analysis
29. Antifungals Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the antifungals market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the antifungals market are fizer, Novartis, Merck & Co., Bayer Healthcare, Abbott Laboratories, Sanofi-Aventis,, Kramer Laboratories
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic
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