Antifungal Drugs Market by latest COVID-19 Impact and Global Analysis to 2027 with leading players Scynexis, Gilead Sciences, Glenmark Pharmaceutical

According to The Insight Partners market research study titled ‘Antifungal Drugs Market to 2027 – Global Analysis and Forecasts by Infection Type, Drug Type, Therapeutic Indication, Dosage Form and Geography. The global Antifungal Drugs market is expected to reach US$ 13,524.2 Mn in 2027 from US$ 10,182.3 Mn in 2018. The market is estimated to grow with a CAGR of 3.2% from 2019-2027. The report highlights the trends prevalent in the global Antifungal Drugs market and the factors driving the market along with those that act as challenges to its growth.

The major players operating in the Antifungal Drugs market include, Pfizer Inc., Sanofi S.A., Gilead Sciences, Inc., Merck And Co., Inc., Scynexis Inc., Novartis International AG, Abbott Laboratories, Bayer AG, Glenmark Pharmaceutical, and Glaxosmithkline Plc. The market has carried out various organic and inorganic growth strategies in the market which has assisted in strengthening their product offering in the market.

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The global Antifungal Drugs market by infection type segments was led by superficial fungal infection. In 2018, the superficial fungal infection segment held a largest market share of 62.1% of the Antifungal Drugs market, by infection type. Also, the superficial fungal infection segment is expected to be the fastest growing segments of the market in 2027 owing to change in the environmental condition across the globe which is expected to become the major factor for the growth of the Antifungal Drugs market.

The market for Antifungal Drugs is expected to grow significantly due to factors such as rising incidences for the fungal infection of the skin, nails and hair, increasing incidences of cancers, HIV, and hospital-acquired infections and favorable government initiatives to combat the antifungal diseases are likely to drive the growth of the Antifungal Drugs market. However, lack of awareness regarding the fungal infections may restrict the growth of Antifungal Drugs market.

The incidence of fungal infections due to numerous diseases has increased over the last few decades. Furthermore, bloodstream infection incidence is bimodal, with adult people and premature babies having the maximum risk. Cancer treatment using chemotherapy and radiation causes various changes in the body as they destruct cancer cells. Among the significant difference, one is that this treatment weakens the immune system that increases the chances of getting a fungal infection.

According to data published by J. Fungi 2017, approximately 3,000,000 cases of chronic pulmonary aspergillosis, around 223,100 cases of cryptococcal meningitis among HIV/AIDs patients. And nearly 700,000 cases of invasive candidiasis, about 250,000 cases of invasive aspergillosis, approximately 100,000 cases of disseminated histoplasmosis, more than 10,000,000 cases of fungal asthma, and around 1,000,000 cases of fungal keratitis occur per annum.

The report segments the global Antifungal Drugs market as follows:

Global Antifungal Drugs Market – By Infection Type

Superficial Fungal Infection
Systemic Fungal Infection
Global Antifungal Drugs Market – By Drug Type

Echinocandins
Azoles
Polyenes
Allylamines
Others
Global Antifungal Drugs Market – By Therapeutic Indication

Aspergillosis
Dermatophytosis
Candidiasis

Global Antifungal Drugs Market – By Dosage Form

Drugs
Ointment
Powder

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Reason To Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Antifungal Drugs market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global Antifungal Drugs market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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This release was published on openPR.