Market Snapshot:
Dermatophytosis drugs are used to identify and remove fungal infections with minimal side effects on the body. Unhygienic and unclean environments in which fungal agents grow cause fungal infection in the body. These agents replicate by disseminating spores, which then cause infections on the skin (superficial) or in the lungs (systemic)-fungal infections. Candidaiasis, fungal pneumonia, mucormycosis, and other diseases are caused by a fungal infection. These infections are usually non-lethal, but in extreme circumstances, they can be fatal.Since fungi can affect anyone, they are considered a public health concern. Fungal infections, on the other hand, pose a serious danger to people with weakened immune systems, such as AIDS patients. In these patients, there is a high risk of developing opportunistic fungal infections.
Highlights from Dermatophytosis Drugs Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Abbott Laboratories (United States), Astellas Pharma Inc. (Japan), Bayer AG (Germany), GlaxoSmithKline PLC (United Kingdom), Glenmark Pharmaceuticals (India), Merck & Co. Inc. (United States), Novartis AG (Switzerland), Pfizer Inc. (United States), SCYNEXIS Inc. (United States) and Kramer Laboratories (United States).
Geographic Breakdown and Segment Analysis
The Global Dermatophytosis Drugs market presents a comprehensive analysis of the Dermatophytosis Drugs market by end-user/application (Superficial Antifungal Infections and Systemic Antifungal Infections), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Dermatophytosis Drugs industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Dermatophytosis Drugs market
Analyst at AMA have segmented the market study of Global Dermatophytosis Drugs market by Type, Application and Region.
Influencing Trend:
Rising Consumption of Anti-fungal Drugs in Developing Regions for a Variety of Medical Conditions
Market Growth Drivers:
Increasing prevalence of Fungal infection and Rising awareness levels pertaining to myriad fungal infections
Restraints:
Increasing Resistance to Antifungal Drugs and Side Effects of Antifungal Drugs
Opportunities:
Rising concern towards Health and Increasing support from Government and Non – Government organization
Market Developments Activities:
In November 2023, Astellas Pharma Inc. and Propella Therapeutics, Inc. announced that Astellas, through a US subsidiary, and Propella have entered into a merger agreement pursuant to which Astellas acquired Propella.
In October 2023, Abbott Laboratories the market was overestimating the hit to sales of its glucose monitoring products from growing popularity of new diabetes drugs, adding the treatments could end up boosting sales of the medical device maker.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations.
Key Target Audience
Manufacturers of Dermatophytosis Drugs, Suppliers of Dermatophytosis Drugs, Wholesalers, Distributors and Retailers of Dermatophytosis Drugs, Pharmaceutical Industry, Regulatory Bodies and Others