|Market Research A to Z | Company Profiles A to Z | Register | Contact Us|
|+44 (0) 203 086 8600 Call us on|
The global antifungal therapeutics market was valued at $10.7 billion in 2011 and is forecast to increase at a compound annual growth rate (CAGR) of 2.7% over the next five years, to be worth a value of $12.2 billion in 2016.
Growth within the antifungal therapeutics market is set to be driven by a growing and aging population, an increase in incidence of fungal conditions, the development and approval of new products, additional indications and formulations, and an increase in worldwide market penetration.
Currently there are only 4 classes of established antifungal drugs on the market - polyenes (e.g. amphotericin B), azoles (e.g. fluconazole and itraconazole), allylamines (e.g. terbinafine) and the newly introduced echinocandins (e.g. caspofungin). Of these classes, only three are used to treat systemic fungal infections.
The US market accounted for nearly $4.5 billion in 2011 and is projected to total nearly $4.9 billion in 2016, growing at a CAGR of 1.7%.
On the other hand, the European market totalled $3.6 billion in 2011 and is projected to be worth $3.9 billion in 2016, showing a slightly lesser CAGR of 1.5%.
Developments of better diagnostics can be expected in a 5 to 10 year timescale. This will increase the available market by identifying patients who would otherwise remain undiagnosed in today's setting. In addition, better diagnostics will allow earlier diagnosis of patients, leading to better survival and longer courses of (oral) antifungal therapy.
For more information on the antifungal therapeutics market, see the latest research: Antifungal Therapeutics Market Report
Follow us on Twitter @CandMResearch
Do you need to track your competitors and customers on a continuous basis? We have the expertise to provide you with a cost-effective, fully customised competitor tracking portal, which collates data on your competitors on a continuous basis. Contact us for a free consultation and demonstration.
Do you manage an industry specific website or blog? Are you looking to monetise your web traffic further? Are you a B2B website?
Why not offer your visitors industry specific strategic market reports and company profiles? Our Affiliate Program enables you to provide quality content on your website and to earn money from passing on visitors to our website.
Cannot find what you need? We can tailor a report for you. Complete the Custom Research Form and we will provide a quote.