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Antifungal Drugs Market Size to be worth $20.5 Billion by 2030: Grand View Research, Inc. | ||
By: PR Newswire Association LLC. - 24 May 2022 | Back to overview list |
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SAN FRANCISCO, May 24, 2022 /PRNewswire/ -- The global antifungal drugs market size is expected to reach USD 20.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.7% from 2022 to 2030. The increasing incidence of fungal infections worldwide is the key factor stoking the growth of the market. In addition, the rise in the adoption of immunosuppressive and antineoplastic agents, prosthetic devices and grafts, and broad-spectrum antibiotics has resulted in an increased incidence of fungal infections in recent years. Key Insights & Findings from the report:
Get More Insights from full market research report with TOC: - "Antifungal Drugs Market Size, Share & Trends Analysis Report By Drug Class (Azoles, Echinocandins, Polyenes, Allylamines), By Indication (Dermatophytosis, Aspergillosis, Candidiasis), By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research. Antifungal Drugs Market Growth & Trends According to statistics published by the Centers for Disease Control and Prevention in 2017, it has been estimated that every year, nearly 220,000 new individuals are affected by cryptococcal meningitis, which is a brain infection and has resulted in 181,000 deaths per year around the world. Most of the deaths were reported in sub-Saharan Africa, due to the high prevalence of HIV/AIDS. This indicates the potential demand for antifungal drugs due to the high prevalence of mycological infections around the globe. The government authorities in many countries had ordered nationwide lockdowns in order to contain the spread of COVID-19. Similarly, health systems in a number of countries around the world were having trouble maintaining their supply chains. The slowness of the supply chain has also impacted the demand for antifungal medications. As aged people are more prone to infectious diseases and chronic conditions, including HIV and cancer, the rise in the geriatric population worldwide is likely to stir up the demand for antifungals to treat opportunistic fungal infections. The demand for fungistatic agents is estimated to remain strong through 2030 due to mounting cases of fungal infections that are difficult to diagnose, yielding high mortality and morbidity rates. Antifungal Drugs Market Segmentation Grand View Research has segmented the global antifungal drugs market by drug class, indication, and region: Antifungal Drugs Market - Class Outlook (Revenue, USD Million, 2018 - 2030)
Antifungal Drugs Market - Indication Outlook (Revenue, USD Million, 2018 - 2030)
Antifungal Drugs Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)
List of Key Players of the Antifungal Drugs Market
Check out more related studies published by Grand View Research:
Browse through Grand View Research's Pharmaceuticals Industry Research Reports. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: View original content:https://www.prnewswire.com/news-releases/antifungal-drugs-market-size-to-be-worth-20-5-billion-by-2030-grand-view-research-inc-301553667.html SOURCE Grand View Research, Inc. |
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