Pharmiweb ChannelsAll | PharmaCo | Clinical Research | R&D/BioTech | Sales/Mktg | Healthcare | Recruitment | Pharmacy | Medical Comms

Pharmiweb.com RSS Feed Pharmiweb.com RSS Feeds

Pharmiweb.com RSS Feed PharmiWeb Candidate Blog

Pharmiweb.com RSS Feed PharmiWeb Client Blog

Advertising

Press Release

Antifungal Drugs Market Size Projected to Reach $12.6 Billion by 2025: Grand View Research, Inc.

Grand View Research
Posted on: 25 Nov 16

SAN FRANCISCO, November 24, 2016 /PRNewswire/ --

The global antifungal drugs market was valued at USD 10.7 billion in 2015 and is expected to reach a value of USD 12.6 billion by 2025. The increasing incidence of fungal infections worldwide is the key contributing factor for the growth of the antifungal drugs market in the coming years. Rising adoption of immunosuppressive and antineoplastic agents, prosthetic devices and grafts, and broad-spectrum antibiotics have resulted in the increasing incidence of fungal infections in the recent years. 

The growing geriatric population prone to infectious diseases and higher prevalence of chronic conditions, including HIV and cancer, are further contributing toward the rising demand for antifungals to treat opportunistic fungal infections over the forecast period. The large demand for these fungistatic agents is due to the nature of fungal infections, which are difficult to diagnose, yielding high mortality and morbidity rates.

Browse full research report with TOC on "Antifungal Drugs Market Analysis By Drug Class (Azoles, Echinocandins, Polyenes, Allyamines), By Indication (Dermatophytosis, Aspergillosis, Candidiasis) ,And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/antifungal-drugs-market

Further Key Findings from the Study Suggest: 

Echinocandins segment is anticipated to exhibit lucrative growth owing to their cell wall-specific fungicidal property coupled with their broad-spectrum activity against Aspergillus and Candida species without cross-resistance risks

Candidiasis indication segment is anticipated to witness the fastest CAGR over the forecast period due to the increasing drug resistance of the Candida speciesto Azoles

North America held the largest market share as of 2015, which is attributable to higher awareness levels pertaining to the treatment of fungal infection and presence of target diseases in the population

Asia pacific is predicted to exhibit the fastest growth due to improving healthcare facilities coupled with rising government initiatives to create awareness of infectious diseases amongst the population

The companies are focusing on the development of effective therapeutic agents for the treatment of systemic fungal infections in immune-compromised patients

Numerous ongoing public-private partnership agreements in the pharmaceutical industry for the development of novel therapeutics is predicted to provide this market with lucrative growth opportunities

For example, the public-private partnership, namely Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator is anticipated to provide USD 44 million in 2016 and around USD 350 million in the coming 5 years to boost the R&D pipeline

The partners involved in this partnership are the U.S. Department of Health and Human Services, the Antimicrobial Resistance Centrein England, and Boston University School of Law

Browse related reports by Grand View Research: 

Orthobiological Products Market - http://www.grandviewresearch.com/industry-analysis/orthobiological-products-market

Pharmaceutical Contract manufacturing Market- http://www.grandviewresearch.com/industry-analysis/pharmaceutical-contract-manufacturing-market

Active Pharmaceutical Ingredient (API) Market- http://www.grandviewresearch.com/industry-analysis/active-pharmaceutical-ingredients-market

Biotechnology Reagents Market- http://www.grandviewresearch.com/industry-analysis/biotechnology-reagent-market

Grand View Research has segmented the antifungal drugs market by drug class, indication, and region: 

Global Antifungal Drugs Class Outlook (Revenue, USD Million, 2014 - 2025) 

Azoles

Echinocandins

Polyenes

Allylamines

Others

Global Antifungal Drugs Indication Outlook (Revenue, USD Million, 2014 - 2025) 

Dermatophytosis

Aspergillosis

Candidiasis

Others

Antifungal Drugs Regional Outlook (Revenue, USD Million, 2014 - 2025) North America

U.S

Canada

Europe

Germany

UK

Asia Pacific

Japan

China

India

Latin America

Brazil

Mexico

The Middle East and Africa

South Africa

Access research insight: http://www.grandviewresearch.com/research-insights/antifungal-drugs-market-insights-size

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Read Our Blogs - http://www.grandviewresearch.com/blogs/healthcare

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com

Web: http://www.grandviewresearch.com  

Editor's Details

Mike Wood
PharmiWeb.com
www.pharmiweb.com
editor@pharmiweb.com

Last updated on: 25/11/2016

Advertising
Share | | |
Site Map | Privacy & Security | Cookies | Terms and Conditions

PharmiWeb.com is Europe's leading industry-sponsored portal for the Pharmaceutical sector, providing the latest jobs, news, features and events listings.
The information provided on PharmiWeb.com is designed to support, not replace, the relationship that exists between a patient/site visitor and his/her physician.