North America Antifungal Drugs Market Regional, and country-level analysis
North America Antifungal Drugs Market is estimated at $4.62 billion in 2016 and projected to be growing with CAGR of 3.7% reaching $5.54 billion by 2021.
(EMAILWIRE.COM, September 15, 2017 ) In the following years, the market is poised to grow significantly with the rising global population. Antifungal drugs market are used commonly for curing fungal infections occurring due to, unclean, unhygienic and damp environment. Invasion of epithelial tissue by microscopic organisms lead to fungal infections.
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Systemic fungal infections are those caused due to indigestion or inhalation of spores, leading to fungal pneumonia and diseases like candidaisis, meningitis, mucormycosis, etc. are caused by opportunistic fungus. Although majority of the fungal infections and diseases are commonly non-lethal, they are very uncomforting to the host and their common occurrence is responsible for the rising antifungal drugs market. Antifungal drugs work via various mechanisms such as by inhibiting of cell wall formation, cell membrane disruption and cell division.
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The major factors driving the market are rising awareness of fungal infections with more and more cases of antifungal infections all over the world, increase in government and corporate funding in the industry. Further, the growing public private partnership in the pharmaceutical industry and the mounting popularity of over-the-counter antifungal drugs to cure dermal infections is responsible for the growth of North America antifungal drugs market. Also, the rising population with weak immune system because of cancer chemotherapy or acquired immunodeficiency syndrome, in whom the fungal infections occur more frequently than average, is driving the market in North America. Existing high penetration of conventional drugs used for the treatment of common fungal infections is restraining the market growth. High drug costs are a challenge faced by the market. Increasing treatment effectiveness can help in overcoming it.
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The antifungal drugs market is segmented by drug type into Echinocandins, Azoles, Polyenes, Allylamines and Other Drugs. Also, the market is segmented by type of therapeutic indications into Aspergillosis, Dermatophytosis, Candidiasis, Other therapeutic indications. And the market is also segmented by applications into Powders, Ointments, Drugs, Pastes. While Azoles which include fluconazole, itraconazole, ketoconazole, posaconazole and voriconazole, are systemically acting, Echinocandins which include anidulafungin, caspofungin and micafungin are lipopeptides derived from natural fungal fermentation products and Polyenes which include amphotericin B deoxycholate and liposomal amphotericin B. Corifungin are systemically acting and disrupts eukaryotic cellular membranes. Azoles segment is the largest segment of the market followed by echinocandins.
Geographically, the North America antifungal drugs market is sub-segmented into the countries United States and Canada. North America has commanded largest share of the global antifungal drugs market. United States contributes to the major share of North America antifungal drugs market due to the presence of the leading companies. Canada antifungal drugs market is expected to grow fastest in the North America region.
The major companies dominating the market are Alternaria, Pfizer, Novartis, Sanofi-Aventis, Merck & Co., Asperqillus, Kramer Laboratories, Bayer Healthcare, Enzon Pharmaceuticals, Glaxosmithkline Gilead and Abbott Laboratories to name few.
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Systemic fungal infections are those caused due to indigestion or inhalation of spores, leading to fungal pneumonia and diseases like candidaisis, meningitis, mucormycosis, etc. are caused by opportunistic fungus. Although majority of the fungal infections and diseases are commonly non-lethal, they are very uncomforting to the host and their common occurrence is responsible for the rising antifungal drugs market. Antifungal drugs work via various mechanisms such as by inhibiting of cell wall formation, cell membrane disruption and cell division.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/north-america-anti-fungal-drugs-market-245/request-sample
The major factors driving the market are rising awareness of fungal infections with more and more cases of antifungal infections all over the world, increase in government and corporate funding in the industry. Further, the growing public private partnership in the pharmaceutical industry and the mounting popularity of over-the-counter antifungal drugs to cure dermal infections is responsible for the growth of North America antifungal drugs market. Also, the rising population with weak immune system because of cancer chemotherapy or acquired immunodeficiency syndrome, in whom the fungal infections occur more frequently than average, is driving the market in North America. Existing high penetration of conventional drugs used for the treatment of common fungal infections is restraining the market growth. High drug costs are a challenge faced by the market. Increasing treatment effectiveness can help in overcoming it.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/north-america-anti-fungal-drugs-market-245/inquire
The antifungal drugs market is segmented by drug type into Echinocandins, Azoles, Polyenes, Allylamines and Other Drugs. Also, the market is segmented by type of therapeutic indications into Aspergillosis, Dermatophytosis, Candidiasis, Other therapeutic indications. And the market is also segmented by applications into Powders, Ointments, Drugs, Pastes. While Azoles which include fluconazole, itraconazole, ketoconazole, posaconazole and voriconazole, are systemically acting, Echinocandins which include anidulafungin, caspofungin and micafungin are lipopeptides derived from natural fungal fermentation products and Polyenes which include amphotericin B deoxycholate and liposomal amphotericin B. Corifungin are systemically acting and disrupts eukaryotic cellular membranes. Azoles segment is the largest segment of the market followed by echinocandins.
Geographically, the North America antifungal drugs market is sub-segmented into the countries United States and Canada. North America has commanded largest share of the global antifungal drugs market. United States contributes to the major share of North America antifungal drugs market due to the presence of the leading companies. Canada antifungal drugs market is expected to grow fastest in the North America region.
The major companies dominating the market are Alternaria, Pfizer, Novartis, Sanofi-Aventis, Merck & Co., Asperqillus, Kramer Laboratories, Bayer Healthcare, Enzon Pharmaceuticals, Glaxosmithkline Gilead and Abbott Laboratories to name few.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results