COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.
Antifungal drug or antimycotic drugs, are pharmaceutical substances that act selectively against a fungal pathogen such as candida, ringworms etc. in the treatment of fungal infection. The major groups of antifungals are the polyenes, the azoles, and the allyamines. These groups are distinguished primarily by their chemical structure and mechanism of action. The demand for fungistatic agents is estimated to remain strong through 2025 due to mounting cases of fungal infections that are difficult to diagnose, yielding high mortality and morbidity rates. Growing incidences of patients suffering from hospital-acquired or nosocomial infections and infectious diseases are expected to drive the market growth over the forecast period.
According to statistics published by the Centers of Disease Control and Prevention in 2017, it has been estimated that every year, nearly 220,000 new individuals are affected by cryptococcal meningitis, which is a brain infection and has resulted in 181,000 deaths per year around the world.Fungal infections include both systemic and superficial infections such as infection of the skin, eye, mouth, and vagina. Antifungal products with fungicidal activity are mostly used to treat a wide array of diseases, such as athlete's foot, ringworm, and fungal meningitis, caused by fungal agents.As aged people are more prone to infectious diseases and chronic conditions, including HIV and cancer, rise in geriatric population worldwide is likely to stir up the demand for antifungals to treat opportunistic fungal infections. The demand for fungistatic agents is estimated to remain strong through 2025 due to mounting cases of fungal infections that are difficult to diagnose, yielding high mortality and morbidity rates.Fungal diseases are a public health problem as they can affect any individual. However, there is severe threat of fungal infections to people with weak immune response such as patients with AIDS. There is a high possibility of development of opportunistic fungal infections in these patients
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What does this report provide?
The report provides an in-depth assessment of growth and other aspects of the market in key countries. This report provides in-depth analysis of the Antifungal Drugs market and provides market size for the forecast year 2028, considering 2019 as the base year.This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook.
Market Segmentation:
By Drug Class:
By Indication:
By Region:
North America Antifungal drugs market
Europe Antifungal drugs market
Asia Pacific Antifungal drugs market
Middle East & Africa Antifungal drugs market
South America Antifungal drugs market
Key Players: Abbott; Pfizer, Inc.; Novartis AG; Merck & Co., Inc.; Sanofi-Aventis; Bayer AG; Enzon Pharmaceuticals, Inc.; GlaxoSmithKline Plc; Astellas Pharma, Inc.
Years Covered in the Study:
Historic Year: 2017-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2028
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