Global Onychomycosis Market Overview:
Onychomycosis are the fungal infection which occur in fingernails and toenails. Its occur due to moist and humid environments condition. Due to rise in percentage of risk in diabetes, aged people and low immunity increased more susceptible to fungal infection. There has been significant rise in number of people affecting with onychomycosis figure stood up to 11 million in Japan alone in 2018, the future for treatment of onychomychosis looks promising. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals for treatment of onycomycosis.
Market Drivers
- Rise in diabetic patients and geriatric patients boost the Onychomycosis Market.
- Upsurge research and development fuelled up the Onychomycosis Market.
Market Trend
- Upsurge treatment of Onychomycosis at emerging countries.
Restraints
- Lack of awareness among the customer hampers the Onychomycosis Market.
- Side effects of anti fungal drugs imbalance the growth of market.
Opportunities
- Proliferation of Healthcare infrastructure Leads to Grow the Market.
- Upsurge Development of Innovative Novel Technology Boost the Onychomycosis Market.
Challenges
- Limitation due to supply of plastic surgeons are Anticipated to Challenge the Market.
Competitive Landscape:
Some of the key players profiled in the report are Abbott Laboratories Ltd. (United States), GlaxoSmithKline Plc. (United Kingdom), Pfizer Inc. (United States), Valeant Pharmaceuticals (Canada), Galderma (Switzerland), Janssen Biotech (United States), Sciton Inc (United States), Bristol Meyer Squibb Company (United States), Cutera Inc. (United States), Novartis AG (Switzerland), Sanofi Ltd. (France), Topica Pharmaceuticals Inc. (United States), Taro Pharmaceutical Industries Ltd. (United States) and Seren Pharmaceuticals Pvt. Ltd (China). Additionally, following companies can also be profiled that are part of our coverage like Nuvo Research Inc. (Canada), Merz Pharma gmbh & co. kgaa (Germany), NanoBio Corporation (United States), NovaBiotics Ltd (UKUnited Kingdom), Viamet Pharmaceuticals Inc. (United States) and Polichem SA (Switzerland). Analyst at AdvanceMarketAnalytics see United States and United Kingdom Players to retain maximum share of Global Onychomycosis market by 2024. Considering Market by Treatment, the sub-segment i.e. Drug Treatment will boost the Onychomycosis market. Considering Market by End User, the sub-segment i.e. Hospital Pharmacies will boost the Onychomycosis market.
Market Highlights:
In July 2018, Sato Pharmaceutical Co., Ltd. and Eisai Co., Ltd. launched an oral antifungal agent NAILIN Capsules 100mg in Japan region. Its offers solution for various symptoms such as pain from misshapen nails, difficulty in putting on shoes and pain upon walking.
“According to U.S. Food and Drug Administration (FDA), its approved the Valeant Pharmaceuticals International, Inc. of Jublia for the Treatment of Onychomycosis. It also approved over-the-counter or prescription topical treatments provide limited efficacy and are often administered in conjunction with frequent debridement, or the scraping, cutting or removal of the nail. Prescription oral treatments are limited by drug interactions and serious safety concerns."
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Onychomycosis market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Onychomycosis market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Onychomycosis Manufacturers, Onychomycosis Traders, End-Use Market Participants of Different Segments of Onychomycosis, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.