Indian Anti-Fungal Drugs Market Evolution Segmentation and Insight of Trends 2023 to 2028 with Top Countries Data

Report Overview

The Indian Anti-Fungal Drugs market size stood at around USD XX Billion in 2019 and is projected to reach USD XX Billion by 2028, exhibiting a CAGR of XX% during the forecast period (2019- 2028).

India is the diabetic capital of the world. There are many other diseases like cancer, AIDS which are growing among the Indian population. Transplants and immunological complications are common with patients suffering from these diseases. According to AIOCD Pharmasofttech AWACS data, total anti-fungal market across categories is pegged at Rs 1069 crores, growing at XX% and XX% on units. Governments role has also proved instrumental in driving anti-fungal drug market in India. The rising episodes of fungal infections in the country, the government employed various measures on its own including public private partnership (PPP).A growing and ageing population, increasing incidence of fungal conditions, the development and approval of new products, additional indications and formulations, and increased Indian market penetration will be driving factors for the market over the next decade.

Market Drivers

The major factors augmenting the growth of the anti-fungal drugs market include increasing awareness about the myriad fungal infections, increasing the number of antifungal drugs available over the counter (OTC), and rising consumption of anti-fungal drugs in developing regions for a variety of medical conditions and the invasive procedures at hospitals also give rise to risk of fungal infections at an alarming rate. The other growth driver is the awareness about the myriad fungal infections that can affect the Indian patients and that the empirical or prophylaxis therapy with the standard anti-fungal drug may not suffice. The newer anti-fungal (anidulafungin etc.)

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Major Players

The rise in awareness toward personal care drives the antifungal drugs market growth in India. The major key players operating in the global antifungal drugs market, such as Pfizer Inc., Sanofi S.A., Gilead Sciences, Inc., Merck & Co., Inc., Novartis International AG, Abbott Laboratories, Bayer AG, Scynexis Inc., Enzon Pharmaceuticals, Inc., and GlaxoSmithKline Plc.

The Indian Anti-Fungal Drugs Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Indian Anti-Fungal Drugs market. This report explores all the key factors affecting the growth of the global Indian Anti-Fungal Drugs market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Drug Type:

The Azoles Segment is Expected to be among the major contributors to the market. Anti-fungal drug research is gaining momentum, owing to the development of new antifungal drugs using the azole group. Azoles are synthetic and semi-synthetic compounds, widely used for superficial and invasive fungal infections. The drugs are used to treat thrush, yeast infection, candidiasis, aspergillosis, tinea versicolor, athlete's foot, jock itch, ringworm, nail fungus, fungal infections, systemic mycosis, and seborrheic dermatitis. The azole anti-fungal group includes two classes, namely the triazoles (fluconazole, itraconazole, voriconazole, posaconazole, and isavuconazole) and the imidazole

Triazoles have a broad range of applications in the treatment of superficial and systemic fungal infections. The azoles are currently the most widely used and studied class of antifungal agents. The drugs are available in different formulations (oral tablet, oral capsule, cream, dandruff shampoo, sterile IV solution, lotion, vaginal cream, and tablet). Sales of both the established agents and newly launched anti-fungal agents are significant.

By Indication:

The indication segment includes Dermatophytosis, Aspergillosis, Candidiasis, and others. The Candidiasis segment is anticipated to grow over the forecast period. Growing incidence of thrush or oropharyngeal candidiasis that develops in the mouth or throat is anticipated to drive the antifungal drugs market over the forecast period.

By Dosage:

The dosage form segment is categorized as drugs, ointment, powder, and others. The ointment segment emerged as the leader in antifungal drugs market. Owing to the use of topical antifungal in the treatment of skin related fungal infections is projected to propel the market growth over the forecast period.

Major Players

The rise in awareness toward personal care drives the antifungal drugs market growth in India. The major key players operating in the global antifungal drugs market, such as Pfizer Inc., Sanofi S.A., Gilead Sciences, Inc., Merck & Co., Inc., Novartis International AG, Abbott Laboratories, Bayer AG, Scynexis Inc., Enzon Pharmaceuticals, Inc., and GlaxoSmithKline Plc.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Indian Anti-Fungal Drugs Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Indian Anti-Fungal Drugs Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Anti-Fungal Drugs market
Chapter 2: Exclusive Summary - the basic information of the Indian Anti-Fungal Drugs Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Anti-Fungal Drugs
Chapter 4: Presenting the Indian Anti-Fungal Drugs Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Anti-Fungal Drugs market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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