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Rising Fungal Infection Rates Fueling Growth In The Candidiasis Therapeutics Market : A Significant Driver Propelling The Candidiasis Therapeutics Market In 2025
The Candidiasis Therapeutics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Candidiasis Therapeutics Market Size and Projected Growth Rate?
Recent years have seen consistent growth in the size of the market for candidiasis therapeutics. This is predicted to further expand from $3.19 billion in 2024 to $3.3 billion in 2025, with a compound annual growth rate (CAGR) of 3.4%. Several factors can explain the historical growth of this market, including a rise in candidiasis cases, antibiotic use and the resulting resistance, infections acquired in hospitals, changes in the patterns of fungal resistance, as well as awareness and educational programs.
In the upcoming years, the market size for candidiasis therapeutics is anticipated to experience steady expansion. The market is projected to reach $3.83 billion by 2029, with a compound annual growth rate (CAGR) of 3.8%. The predicted growth during the forecast period can be credited to factors like precision medicine methodologies, worldwide antifungal stewardship programs, an increasing number of candida auris cases, and international initiatives combating antifungal resistance. Key trends predicted for the forecast period encompass advancements in drug distribution technologies, adoption of telemedicine and remote patient supervision, focus on patient-centric care, merged therapies, and joint research programs.
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What Are the Major Segments in the Candidiasis Therapeutics Market?
The candidiasis therapeutics market covered in this report is segmented -
1) By Treatment Type: Medication, Surgery, Other Treatments
2) By Anatomy Type: Oral Candidiasis, Vulvovaginal Candidiasis, Cutaneous Candidiasis, Invasive Candidiasis, Systemic Candidiasis
3) By Mode Of Administration: Injectable, Oral, Other Mode Of Administrations
4) By Patient Population: Adults, Pediatrics
5) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
Subsegments:
1) By Medication: Antifungal Drugs, Topical Treatments, Systemic Treatments
2) By Surgery: Surgical Debridement, Organ Removal
3) By Other Treatments: Probiotics, Home Remedies, Lifestyle Modifications
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What Are The Driving Candidiasis Therapeutics Market Evolution?
The increasing prevalence of fungal infections is anticipated to stimulate the candidiasis therapeutics market's expansion. Fungal infections, triggered by various fungi types, can impact humans' skin, mucous membranes, and internal organs. The growing population of individuals with weakened immune systems and those already dealing with fungal infections heightens the vulnerability to candidiasis. This opens up avenues for manufacturers to create and provide unique and more efficient antifungal medicines that address the root fungal pathogens, alleviate symptoms, prevent complications, aid patient recovery, minimize the propagation of Candida infections in healthcare settings, and improve patient outcomes. As per the University of Minnesota, a research university based in the United States, in January 2024, fungal infections were responsible for over 3.75 million deaths every year, with roughly 2.55 million deaths directly linked to fungal diseases. Hence, the rising occurrences of fungal infections will bolster the candidiasis therapeutics market's growth. Candidiasis Therapeutics Market Driver: Increasing Clinical Trials Stimulating Progress in Candidiasis Therapeutics Market
Which Firms Dominate The Candidiasis Therapeutics Market Segments?
Major companies operating in the candidiasis therapeutics market report are Pfizer Inc., Biocon Limited, Torrent Pharmaceuticals Ltd., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A., AstraZeneca plc., GSK plc., Amgen Inc., Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Cipla Inc., Bruker Corporation, Lupin Limited, Galapagos NV, Basilea Pharmaceutica Ltd., WOCKHARDT Limited, Pacgen Life Science Corporation, Cidara Therapeutics Inc., Ablynx NV, Amplyx Pharmaceuticals Inc., NovaDigm Therapeutics Inc., SCYNEXIS Inc., Medivir AB, Mycovia Pharmaceuticals Inc., NovaBiotics Inc., Matinas BioPharma Holdings Inc.
What Trends Are Driving Growth in The Candidiasis Therapeutics Market?
Leading corporations in the candidiasis therapeutics sector are working on novel drugs like BREXAFEMME (ibrexafungerp tablets) to cut down on recurrent vulvovaginal candidiasis (RVVC) occurrences in mature women. BREXAFEMME is an ingestible, non-azole drug used for treating vulvovaginal candidiasis (VVC), and for reducing the recurrence rate of RVVC often referred to as chronic yeast infections. For instance, in December 2022, the US pharmaceutical firm, Scynexis Inc., gained approval from the US Food and Drug Administration (FDA) for using BREXAFEMME for the treatment of VVC and recurrent VVC. BREXAFEMME functions by halting the development of Candida albicans, the yeast responsible for VVC. Additionally, it is acknowledged as a secure and effective treatment alternative for VVC. The drug is accessible only by a doctor's prescription, with an advised dosage of one 150-mg capsule to be swallowed once daily for one day.
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Which Is The Largest Region In The Candidiasis Therapeutics Market?
North America was the largest region in the candidiasis therapeutics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the candidiasis therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Candidiasis Therapeutics Market?
2. What is the CAGR expected in the Candidiasis Therapeutics Market?
3. What Are the Key Innovations Transforming the Candidiasis Therapeutics Industry?
4. Which Region Is Leading the Candidiasis Therapeutics Market?
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