Antifungal drugs market was valued at USD 13.1 billion in 2021 and is expected to reach USD 17.24 billion by 2029, registering a CAGR of 3.49% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
In recent years, the antifungal drugs market is anticipated to grow rapidly during the forecast period. Antifungal medications are used to treat fungal infections with the least amount of negative effects on the body. According to the Centers for Disease Control and Prevention (CDC), around 46,000 new cases of invasive candidiasis, a prevalent bloodstream infection in the United States, arise each year. The rate of fungal infections, such as Candida species, causing infection,
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Market Analysis and Insights: Global Antifungal Drugs Market:
Antifungal drugs, often known as antimycotic drugs, are pharmaceuticals used to treat fungal infections of the skin, hair, and nails. Polyenes, azoles, and allylamines are some of the most regularly used antifungal medicines. They help cure athlete's foot, ringworm, aspergillosis, candidiasis, and fungal meningitis by neutralizing fungal agents and dermatophytes, including candida and tapeworms.
Global Antifungal Drugs Market Scope and Market Size
Drivers
· Rise in the incidences of fungal infections
The rising incidences of fungal and nosocomial infections are a primary driver of the growth of the antifungal drugs market. Antifungal agents are effective against systemic and superficial infections which are attained from exposure to contaminated surfaces in hospitals or humid conditions.
· Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of antifungal drugs market is the rising healthcare expenditure which helps in improving its infrastructure.
Furthermore, rising initiatives by public and private organizations to spread awareness myriad fungal infections will expand the antifungal drugs market. Additionally, high disposable income and increasing number of antifungal drugs as over-the-counter (OTC) will result in the expansion of antifungal drugs market. Along with this, rising geriatric population and rising consumption of antifungal drugs in developing regions for various medical conditions will enhance the market's growth rate.
Table of Contents: Global Antifungal Drugs Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Antifungal Drugs in Healthcare Industry
7 Global Antifungal Drugs Market, by Product Type
8 Global Antifungal Drugs Market, by Modality
9 Global Antifungal Drugs Market, by Type
10 Global Antifungal Drugs Market, by Mode
11 Global Antifungal Drugs Market, by End User
12 Global Antifungal Drugs Market, by Geography
13 Global Antifungal Drugs Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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