North America Antifungal Drugs Market Segment-level analysis
The 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, October 12, 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.
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.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Inquire before buying @ http://www.marketdataforecast.com/market-reports/north-america-anti-fungal-drugs-market-245/inquire
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.
View Full Report @ http://www.marketdataforecast.com/market-reports/north-america-anti-fungal-drugs-market-245/
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.
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.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/north-america-anti-fungal-drugs-market-245/request-sample
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.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Inquire before buying @ http://www.marketdataforecast.com/market-reports/north-america-anti-fungal-drugs-market-245/inquire
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.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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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