Antifungal Agents Market
Global Antifungal Agents Market Size, Share & Trends Analysis Report, By Drug Class (Polyene, Echinocandins, Allylamines, and Azole), By Dosage Type (Powder, Ointment, and Drugs), By Route of Administration (Parenteral, Topical, and Oral), Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global antifungal agents market is anticipated to grow at a significant CAGR of nearly 3.5% during the forecast period. Antifungal agents prevent and destroy the growth of fungi that are responsible for several diseases such as aspergillosis, ringworm, and skin infection, among others. Antifungal drugs include azoles, polyenes, echinocandins, and allylamines. Antifungal agents are a class of drugs that are used to detect and eliminate fungal infections from the body with minimal side effects. The major factor contributing to the growth of the market include the rising number of patients suffering from hygiene-related issues in emerging countries. However, the availability of alternative treatments is expected to hinder the growth of the market.
Another major factor contributing to the growth of the market include the rising incidences of fungal diseases. The fungal disease causes serious illness and death and many fungal diseases go undiagnosed. There is no government surveillance for common fungal infections such as ringworm and vaginal candidacies. According to the 2019 Antibiotic Resistance Threats report, the Centre for Disease Control and Prevention (CDC) stated that each year in the US, there are more than 2.8 million antibiotic-resistant infections and more than 35,000 people die as a result. The report prioritizes bacteria and fungi into one of four categories based on level of concern: Urgent, Serious, Concerning, and Watch List, with urgent being the highest threat level. Infectious disease is responsible for more than 8.4 billion mortalities globally and is accounted for two of the World Health Organization’s (WHO) top ten causes of mortalities globally.
Impact of COVID-19 Pandemic on Global Antifungal Agents Market
The market has a sudden and dramatic impact on healthcare. However, the COVID-19 pandemic has increased the demand for antifungal agents. The patients hospitalized for the treatment of COVID-19 are at risk of healthcare-associated infections including candidemia or bloodstream infections caused by Candida. Other fungal diseases such as valley fever, histoplasmosis, and blastomycosis can cause fever, cough similar to COVID-19, and bacterial pneumonia. There is an increase in the number of black fungus cases in India among patients recovered from COVID-19 having diabetes and other health issues. This may have increased the adoption of antifungal agents.
Segmental Outlook
The global antifungal agents market is segmented based on drug class, dosage type, and route of administration. Based on drug class, it is segmented into polyene, echinocandins, allylamines, and azole. Based on dosage type, it is further classified into powders, ointments, and drugs. Based on the route of administration, it is further classified into parenteral, topical, and oral.
Global Antifungal Agents Market Share by Drug Class, 2020 (%)
Azole Segment Holds Significant Share in the Market
In 2020, the Azole group segment holds the largest share in the market and is also anticipated to grow during the forecast period. Azoles are synthetic and semi-compounds that are used for the treatment of invasive fungal infections. The drug is used to treat yeast infection, candidiasis, aspergillosis, ringworm, nail fungus, fungal infections, mycosis, thrush, and tinea versicolor. Additionally, the drugs are available in different forms such as oral tablets, oral capsules, cream, vaginal cream, sterile IV solution, and tablets.
Regional Outlook
The global antifungal agents market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, and Others), and the Rest of the World (the Middle East and Africa, and Latin America). North America is expected to account for the largest market share owing to the rising incidences of fungal infections and hospital-acquired infections. The antifungal agents market is expected to grow considerably in the Asia-Pacific region. The factors contributing to the growth of the region include the rising incidence of black fungus (Mucormycosis) and healthcare-associated infections including candidemia in the region. Amid the second wave of COVID-19, there were some reported cases of black fungus infection in India.
Global Antifungal Agents Market Growth By Region, 2021-2027
Market Players Outlook
Key players operating in the market include Abbott Laboratories, Inc., Pfizer Inc., and Bayer AG, among others. These companies adopt various strategies such as partnership & collaborations, finding a new market or product innovations in their core competency to stay competitive in the market. For instance, in April 2021, Pfizer acquired Amplyx Pharmaceuticals, Inc. which is a privately-held company with its focus on the development of therapies for debilitating and life-threatening diseases. Additionally, in April 2021, Merck, known as MSD acquired Pandion Therapeutics Inc. the acquisition was completed through a merger of Merck’s wholly-owned subsidiary Pandion, and at the end of the merger, Pandion became a wholly known subsidiary of Merck. The acquisition will comprehend the product portfolio of Merck and will benefit patients, surgeons, and healthcare systems.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global antifungal agents market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Antifungal Agents Industry
• Recovery Scenario of Global Antifungal Agents Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Antifungal Agents Market, by Drug Class
5.1.1. Polyene
5.1.2. Echinocandins
5.1.3. Allylamines
5.1.4. Azole
5.2. Global Antifungal Agents Market, by Dosage Type
5.2.1. Powder
5.2.2. Ointment
5.2.3. Drugs
5.3. Global Antifungal Agents Market, by Route of Administration
5.3.1. Parenteral
5.3.2. Topical
5.3.3. Oral
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abbott Laboratories, Inc.
7.2. Astellas Pharma Inc.
7.3. Basilea Pharmaceutica Ltd.
7.4. Bayer Healthcare LLC
7.5. Bristol-Myers Squibb Co.
7.6. Cadila Healthcare Ltd.
7.7. Cosmo Pharmaceuticals N.V.
7.8. Dr. Reddy’s Laboratories Ltd.
7.9. Gilead Sciences, Inc.
7.10. Janssen Pharmaceutica NV
7.11. Mayne Pharma Group Ltd.
7.12. Merck & Co., Inc.
7.13. Pfizer Inc.
7.14. Sanofi-Aventis Groupe SA
7.15. SCYNEXIS, Inc.
7.16. Sumitomo Dainippon Pharma Co., Ltd.
7.17. Sun Pharmaceutical Industries Ltd.
7.18. Teva Pharmaceutical Industries Ltd.
7.19. Viatris Inc.
1. GLOBAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DRUG CLASS, 2020-2027($ MILLION)
3. GLOBAL POLYENE ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
4. GLOBAL ECHINOCANDINS ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
5. GLOBAL ALLYLAMINES ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
6. GLOBAL AZOLE ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
7. GLOBAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DOSAGE TYPE, 2020-2027($ MILLION)
8. GLOBAL ANTIFUNGAL POWDER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
9. GLOBAL ANTIFUNGAL OINTMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
10. GLOBAL ANTIFUNGAL DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
11. GLOBAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY ROUTE OF ADMINISTRATION, 2020-2027($ MILLION)
12. GLOBAL PARENTERAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
13. GLOBAL TOPICAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
14. GLOBAL ORAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
15. GLOBAL ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027($ MILLION)
16. NORTH AMERICAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
17. NORTH AMERICAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DRUG CLASS, 2020-2027($ MILLION)
18. NORTH AMERICAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DOSAGE TYPE, 2020-2027($ MILLION)
19. NORTH AMERICAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY ROUTE OF ADMINISTRATION, 2020-2027($ MILLION)
20. EUROPEAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
21. EUROPEAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DRUG CLASS, 2020-2027($ MILLION)
22. EUROPEAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DOSAGE TYPE, 2020-2027($ MILLION)
23. EUROPEAN ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY ROUTE OF ADMINISTRATION, 2020-2027($ MILLION)
24. ASIA-PACIFIC ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
25. ASIA-PACIFIC ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DRUG CLASS, 2020-2027($ MILLION)
26. ASIA-PACIFIC ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DOSAGE TYPE, 2020-2027($ MILLION)
27. ASIA-PACIFIC ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY ROUTE OF ADMINISTRATION, 2020-2027($ MILLION)
28. REST OF THE WORLD ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DRUG CLASS, 2020-2027($ MILLION)
29. REST OF THE WORLD ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY DOSAGE TYPE, 2020-2027($ MILLION)
30. REST OF THE WORLD ANTIFUNGAL AGENTS MARKET RESEARCH AND ANALYSIS BY ROUTE OF ADMINISTRATION, 2020-2027($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ANTIFUNGAL AGENTS MARKET, 2020-2027($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ANTIFUNGAL AGENTS MARKET BY SEGMENT, 2020-2027($ MILLION)
3. RECOVERY OF GLOBAL ANTIFUNGAL AGENTS MARKET, 2021-2027(%)
4. GLOBAL ANTIFUNGAL AGENTS MARKET SHARE BY DRUG CLASS, 2020 VS 2027 (%)
5. GLOBAL ANTIFUNGAL AGENTS MARKET SHARE BY DOSAGE TYPE, 2020 VS 2027 (%)
6. GLOBAL ANTIFUNGAL AGENTS MARKET SHARE BY ROUTE OF ADMINISTRATION, 2020 VS 2027 (%)
7. GLOBAL ANTIFUNGAL AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL POLYENE ANTIFUNGAL AGENTS MARKET SHARE BY REGION, 2020 VS 2027(%)
9. GLOBAL ECHINOCANDINS ANTIFUNGAL AGENTS MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. GLOBAL ALLYLAMINES ANTIFUNGAL AGENTS MARKET SHARE BY REGION, 2020 VS 2027 (%)
11. GLOBAL AZOLE ANTIFUNGAL AGENTS MARKET SHARE BY REGION, 2020 VS 2027 (%)
12. GLOBAL ANTIFUNGAL POWDER MARKET SHARE BY REGION, 2020 VS 2027 (%)
13. GLOBAL ANTIFUNGAL OINTMENTS MARKET SHARE BY REGION, 2020 VS 2027 (%)
14. GLOBAL ANTIFUNGAL DRUGS MARKET SHARE BY REGION, 2020 VS 2027 (%)
15. GLOBAL PARENTERAL ANTIFUNGAL AGENTS MARKET SHARE BY REGION, 2020 VS 2027 (%)
16. GLOBAL TOPICAL ANTIFUNGAL AGENTS MARKET SHARE BY REGION, 2020 VS 2027 (%)
17. GLOBAL ORAL ANTIFUNGAL AGENTS MARKET SHARE BY REGION, 2020 VS 2027 (%)
18. US ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
19. CANADA ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
20. UK ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
21. FRANCE ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
22. GERMANY ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
23. ITALY ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
24. SPAIN ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF EUROPE ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
26. INDIA ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
27. CHINA ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
28. JAPAN ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
29. SOUTH KOREA ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF ASIA-PACIFIC ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
31. REST OF THE WORLD ANTIFUNGAL AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
