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Antifungals Global Market Report 2024 - By Size, Share, Trends, Growth, Forecast To 2033
The Business Research Company's Antifungals Global Market Report 2023 identifies increasing prevalence of fungal infections as the major driver for the Antifungals market's growth in the forecast period. Diseases such as SARS, Zika virus, Ebola and COVID-19 have increasingly led to infections in various parts of the world, leading to an increase in the global disease burden. According to the World Health Organization (WHO), in 2022, over the course of the COVID-19 pandemic, the number of fungal infections increased markedly amongst hospitalized patients.
The antifungals market size has grown strongly in recent years. It will grow from $24.48 billion in 2023 to $26.9 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to fungal disease prevalence, aging population, healthcare infrastructure, awareness and education. The antifungals market size is expected to see strong growth in the next few years. It will grow to $38.66 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%.
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Major competitors in the Antifungals market are Pfizer Inc., Novartis International AG, Merck & Co. Inc., Bayer AG, Abbott Laboratories.
A key trend in the Antifungals market includes increasing healthcare infrastructure. Healthcare infrastructure refers to the physical and organizational structures, facilities, and systems that support the delivery of healthcare services. Healthcare infrastructure encompasses the necessary facilities, systems, and resources for delivering healthcare services for the effective management of fungal infections. For instance, in May 2023, according to the Office for National Statistics, a UK-based government body, the amount spent on healthcare in the UK was around $347.74 billion in 2022, an increase in nominal terms of 0.7% from the amount spent in 2021. Therefore, the increasing healthcare infrastructure will be propelling the growth of antifungals market going forward.
Read More On The Global Antifungals Market Report Here: https://www.thebusinessresearchcompany.com/report/antifungals-global-market-report
The Antifungals market is segmented -
• By Drug Type: Echinocandins, Azoles, Polyenes, Allylamines
• By Route of Administration: Oral, Parenteral, Topical
• By End users: Hospitals & Clinics, Dermatology clinics, Other Users
Sub-Segments: Aspergillosis, Dermatophytosis, Candidiasis, Other Therapeutic Indications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Antifungals market.
The Business Research Company's "Global Antifungals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Antifungals Market Include:
1. Executive Summary
2. Antifungals Market Characteristics
3. Antifungals Market Trends And Strategies
4. Antifungals Market - Macro Economic Scenario
5. Global Antifungals Market Size and Growth
.............
31. Global Antifungals Market Competitive Benchmarking
32. Global Antifungals Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Antifungals Market
34. Antifungals Market Future Outlook and Potential Analysis
35. Appendix
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