World Yeast Infection Market – Scenario
The global yeast infection market is growing with the rapid pace; mainly due to the increasing prevalence of yeast infection, and rising awareness about the diagnosis and treatment of yeast infection.
According to a recent study report published by the Market Research Future, the global yeast infection market is booming, and expected to gain prominence over the forecast period growing rapidly.
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World Yeast Infection Market -Competitive Analysis
Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.
Bayer AG:
Bayer AG, headquartered in Germany, focuses on research, development, production, and distribution of medical products for the prevention, diagnosis and treatment of fungal diseases.
Canespro is treatment method from Bayer AG for fungal infections occurred in nails. Canespro softens the infected part of the nails only.
Merck:
Merck develops and markets broad portfolio of 300,000 products across the globe. The company is a market leader in pharmaceutical, and biotechnological having strong presence in various parts of the world.
World Yeast Infection Market – Growth and Analysis
The market is expected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023). Yeast infection or candidiasis, a type of fungal infection, is caused by numerous types of yeast called Candida.
Fungal infection can occur in both systemic and superficial parts of the body, and can affect: eye, ear, skin, mouth, and vagina and causes diseases such as fungal meningitis, ringworm and athlete’s foot and are commonly found on the skin, hair, and nails.
Globally, 15% of population suffers from athlete’s foot. North America is the largest market for antifungal treatment market. Nearly 1.5 million different species of fungi on the earth, however only around 300 are responsible for causing diseases and infection in human.
According to the survey carried out by Cidara Therapeutics, Inc. (2015), approximately 97,000 deaths are associated annually in the U.S. with fungal infections.
World Yeast Infection Market -Regional Analysis
America dominated the global yeast infection market owing to the presence of huge geriatric population, and increasing prevalence of auto immune diseases. It consists of two major regions namely North America and South America.
According to the American Autoimmune Related Diseases Association, 50 million Americans are suffering from autoimmune disease, and USD 591 million are spent by the National Institutes of Health (NIH) on autoimmune disease research.
Well-developed healthcare sector, and increasing awareness about the diseases and the therapy have fuelled the market growth.
Asia Pacific is the fastest growing market for antifungal treatment market due to large patients’ population and growing geriatric population. According to WHO reports, Mycetoma, fungal infection, affects feet and limb, and due to severe infection chance of losing feet and limb increases.
Some Points form TOC for Yeast Infection Market Research Report – Forecast to 2023
1 Report Prologue
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
…Continued
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