About Candidiasis Therapeutics
The candidiasis therapeutics market is expected to grow in the future due to the increase in the number of patients affected by candidiasis infection and an increase in the susceptible immune-compromised patient pool. Candidiasis, also known as common yeast infection, is an infection in the skin caused by candida. High adoption due to innovative drugs will help to boost the global candidiasis therapeutics market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Candidiasis Therapeutics is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Candidiasis Therapeutics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Novartis International AG (Switzerland), Amgen Inc. (United States), F. Hoffmann-La Roche AG (Switzerland), Pfizer (United States), Bayer AG (Germany), Merrion Pharmaceuticals Plc. (Ireland), Ablynx (Belgium), Genta Incorporated (United States), Galapagos NV (Belgium) and Catena Pharmaceuticals, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Medivir (Sweden) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Candidiasis Therapeutics market by , Application (Multispecialty Hospitals, Cancer Research Institutes and Others) and Region.
On the basis of geography, the market of Candidiasis Therapeutics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Drug, the sub-segment i.e. Polyene will boost the Candidiasis Therapeutics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Route of Administration, the sub-segment i.e. Injection will boost the Candidiasis Therapeutics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospitals will boost the Candidiasis Therapeutics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Anatomy, the sub-segment i.e. Oral Candidiasis will boost the Candidiasis Therapeutics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumer Inclination towards Maintaining Aesthetic Appearance
Market Growth Drivers:
Increase in the Susceptible Immune-compromised Patient Pool and Growing Awareness for Candidiasis Infection
Challenges:
Less R&D Activity in this Sector
Restraints:
Competition from Herbal Medicines and Alternate Therapies
Opportunities:
High Investment in Healthcare and Owing Awareness for Candidiasis Infection in Developing Markets
Market Leaders and their expansionary development strategies
In July 2023, Melinta Therapeutics has launched Rezzayo (rezafungin), which was approved by the FDA in March 2023 to treat patients candidemia and invasive candidiasis in adults with limited or no alternative treatment options. It is the first new treatment option approved for patients with candidemia and invasive candidiasis in over a decade.
In March 2023, GSK plc and SCYNEXIS, Inc. announced they have entered into an exclusive licence agreement for Brexafemme (ibrexafungerp tablets), a US FDA approved, first-in-class antifungal for the treatment of vulvovaginal candidiasis (VVC) and for reduction in the incidence of recurrent VVC (RVVC). This exclusive licence agreement gives GSK rights to commercialise Brexafemme for VVC and RVVC while continuing to develop ibrexafungerp, which is in phase III clinical trials for the potential treatment of invasive candidiasis (IC), a life-threatening fungal infection.
Key Target Audience
Candidiasis Therapeutics Manufacturers, Candidiasis Therapeutics Distributors/Traders/Wholesalers, Candidiasis Therapeutics Subcomponent Manufacturers, Industry Association and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.