Antifungal Drug Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

Antifungal Drug Market is anticipated to grow at a significant CAGR during the forecast period. The fungal infection in the body is caused due to unhygienic and unclean environments wherein fungal agents thrive. These agents multiply by spreading spores that subsequently lead to infection on the skin (superficial) or when inhaled (systemic)-fungal infections. The fungal infection leads to candidiasis, fungal pneumonia, mucormycosis, and other diseases. These infections are mostly non-lethal but can result in death in rare cases. Antifungal drugs are used to detect and treat fungal pathogens from the body with minimal to no toxic side effects to the body. The major factor for the growth of the market during the include the rising number of patients suffering from hygiene-related diseases in developing countries and developed countries. According to the National Center for Biotechnology Information (NCBI), fungal diseases affect over a billion people every year. Furthermore, the market is driven by the increasing immunity deficient, geriatric population, and rise in exposure to infectious agents due to environmental factors such as pollution. 

Some key players operating in the market include GlaxoSmithKline plc, Pfizer Inc., and Abbott Laboratories, among others.  The market players are eyeing on strengthening their position in the market by adopting various strategies such as mergers and acquisitions, partnerships and collaborations, and new product launches. For instance, in July 2021, Cadila Pharmaceuticals has launched a new triazole antifungal drug Posaconazole for the effective treatment against a wide range of invasive fungal diseases. Additionally, in May 2021, MSN Laboratories has launched a new antifungal drug Posaconazole used in the treatment of mucormycosis or Black Fungus.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2022-2030

Segment Covered- 

By Drug Type

Regions covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape:  GlaxoSmithKline plc, Pfizer Inc., and Abbott Laboratories, among others. 

Antifungal Drug Market Report by Segment

By Drug Type

Echinocandins
Azoles
Polyenes
Allylamines
Others

By Indication

Candidiasis
Aspergillosis
Dermatophytosis
Others

A full Report of Antifungal Drug Market is Available @  https://www.omrglobal.com/industry-reports/antifungal-drug-market

Antifungal Drug Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

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