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Dermatophytic Onychomycosis Treatment Market Top Companies Statistics to growing at CAGR of 7.80% | Market Analysis by Industry Growth, Size, Share, Demand, Trends and Research Report, 2023-2032
Global Dermatophytic Onychomycosis Treatment Market Research Report: Information By Product Type (Tablets and Nail Paints), By Route of Administration (Oral and Topical), By Type (Prescribed and Over-the-Counter (OTC)), By Distribution Channel (Hospitals & Clinics, Retail Pharmacies, and Online Channels), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast Till 2032Dermatophytic Onychomycosis Treatment Market Overview:
According to a new report by IMIR Market Research on Global Dermatophytic Onychomycosis Treatment Market Size was valued at USD 4.7 Billion in 2022. The Dermatophytic Onychomycosis Treatment market industry is projected to grow from USD 4.7 Billion in 2023 to USD 8.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2023 - 2032).
Dermatophytic onychomycosis is becoming more common, and there are candidates in the pipeline, are the key market drivers enhancing the market growth.
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Dermatophytic Onychomycosis Treatment Market Trends
Rising Prevalence of Dermatophytic Onychomycosis is driving the market growth
Onychomycosis prevalence is one of the main reasons influencing the market's expansion. Toenail onychomycosis infections happen far more commonly than fingernail ones. The market is anticipated to be driven by an increase in the prevalence of dermatophyte-caused nail fungal infections and a steep rise in prescriptions. According to a press release from Moberg Pharma AB, between 35 and 40 million Americans-or around 10% of the world's population-have nail fungus. During the predicted term, this is likely to result in an increase in demand for the market for treating dermatophytic onychomycosis. Another reason for the rise in dermatophytic infections is the rising prevalence of diabetes. According to the International Diabetes Federation, 463 million people globally will have diabetes in 2019, which will contribute to the expansion of the sector.
Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Post-Consumer Dermatophytic Onychomycosis Treatment Market.
Scope of Dermatophytic Onychomycosis Treatment Market Report
A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Dermatophytic Onychomycosis Treatment Market. On the basis of historic growth analysis and current scenario of Dermatophytic Onychomycosis Treatment market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Dermatophytic Onychomycosis Treatment market. This further helps users with their developmental strategy.
Final Report will add the analysis of the impact of COVID-19 on this industry.
Key Companies in the Dermatophytic Onychomycosis Treatment market include
• Bausch Health Companies Inc.
• Pfizer Inc.
• Galderma
• GlaxoSmithKline plc
• Janssen Pharmaceuticals, Inc.
• Cipla Inc.
• Kaken pharmaceuticals Co., Ltd.
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Dermatophytic Onychomycosis Treatment Market Segmentation Analysis
Dermatophytic Onychomycosis Treatment Product Type Outlook
• Tablets
• Nail Paints
Dermatophytic Onychomycosis Treatment Route of Administration Outlook
• Oral
• Topical
Dermatophytic Onychomycosis Treatment Type Outlook
• Prescribed
• Over-the-Counter (OTC)
Dermatophytic Onychomycosis Treatment Distribution Channel Outlook
• Hospitals & Clinics
• Retail Pharmacies
• Online Channels
Dermatophytic Onychomycosis Treatment Market Segment Insights
Dermatophytic Onychomycosis Treatment Product Type Insights
The global Dermatophytic Onychomycosis Treatment market segmentation, based on Product Type includes tablets and nail paints. It is anticipated that the nail paints category will dominate the market for the entire projection period. The market is anticipated to grow as topical nail lacquers become more commonplace when compared to oral anti-fungal medications and Jublia usage rises. However, the COVID-19 pandemic's influence on Clenafin sales, particularly in Japan, has hurt the nail paints segment's revenue. Due to increased government initiatives to transition to generic medications, it is projected that the tablet market would expand.
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