Market Analysis
The yeast infection market is predicted to grow at a 5.2% CAGR over the forecast period (2017-2023), states the new Market Research Future (MRFR) report. Yeast infection which is popularly known as candidiasis is a form of infection that results from different forms of yeast known as Candida. Such yeasts are generally present in the intestine, the vagina, and on the skin.
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Under normal conditions, this yeast will not cause any infection, yet at times can lead to an infection in the skin, vagina, or mouth owing to several factors of which the most common include a conducive environment, unhygienic conditions, weak immune response, amid others. Along with infants, those suffering from inflammatory disorders, hypothyroidism, obesity, and diabetes are susceptible to catching this infection. Yeast infection is most common in those areas of the skin that are humid.
Various factors are propelling the yeast infection market growth. Some of these factors according to the Market Research Future (MRFR) report, include rising incidence of autoimmune diseases, rising geriatric population, rising cases of HIV, government support for R&D, and growing demand for antifungal drugs. Additional factors pushing market growth include growing prevalence of infections, the widespread use of antibiotics, growing awareness, availability of new treatment and medications, technological advancements in medical science, pollution and unhealthy lifestyle, and increasing investments made in research and development activities.
On the contrary, side effects associated to the treatment, complications during treatments, drug resistance, and unmet clinical needs are factors that are likely to impede the yeast infection market growth over the forecast period.
Market - Segments
Global yeast infection market is segmented into five Key dynamics for an easy grasp and enhanced understanding.
By Pathogens: Candida Albicans, Candida Glabrata, and Candida Rugosa, among others.
By Types: Skin Yeast Infection, Vaginal Yeast Infection, and Throat Yeast Infection, among others.
By Treatments: Drug Treatments (cream, ointment, tablet, and suppository.), and Surgery among others.
By End-Users : Hospital, Clinics, and Ambulatory Centers among others.
By Regions: Europe, North America, APAC and Rest of the World.
Market Regional Analysis
America dominated the global yeast infection market owing to the presence of huge geriatric population, and increasing prevalence of auto immune diseases. It consists of two major regions namely North America and South America. According to the American Autoimmune Related Diseases Association, 50 million Americans are suffering from autoimmune disease, and USD 591 million are spent by the National Institutes of Health (NIH) on autoimmune disease research. Well-developed healthcare sector, and increasing awareness about the diseases and the therapy have fuelled the market growth. North America holds the major share of Americas yeast infection market due to presence of many opportunities such as increasing government support and high healthcare spending. On the other hand, South America is expected to grow at faster rate due to developing market.
Asia Pacific is the fastest growing market for antifungal treatment market due to large patients’ population and growing geriatric population. According to WHO reports, Mycetoma, fungal infection, affects feet and limb, and due to severe infection chance of losing feet and limb increases. China and India drive the major market and contribute largest share in the Asia Pacific antifungal treatment market.
Competitive Analysis
The global yeast infection market is a fragmented market with a large number of players. Increasing cases of drug resistance have opened doors for new drug development and opportunities for a new market leader. The increase of spurious and counterfeit medicines have reduced the total market revenues and at the same time displaced standard drugs off the market.
TOC
1 Report Prologue
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
4 Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porters five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain
5.3 Investment Feasibility Analysis
5.4 Price Factor Analysis
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