For business leaders, corporate strategists, and growth-focused teams – this report delivers deep market intelligence, forecasts, segmentation, and competitor insights to guide your decisions through 2034.
How does the forecasted CAGR of the candin industry compare to other sectors?
The candin market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to increasing investments in healthcare infrastructure, growth in public health campaigns, growth in fungal infections, growth in the adoption of minimally invasive diagnostic methods, and increasing awareness of fungal infections.
The candin market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to the rising prevalence of immunocompromised conditions, growing awareness among healthcare professionals about antifungal resistance, a growing number of clinical trials, a growing incidence of hospital-acquired fungal infections, and an increasing focus on personalized antifungal treatments. Major trends in the forecast period include technological advancements, point-of-care diagnostics, molecular diagnostic technologies, bioinformatics, and wearable health technology.
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What market trends are acting as primary growth drivers for the candin sector?
The increasing prevalence of tuberculosis is expected to propel the growth of the candin market going forward. Tuberculosis (TB) is a contagious infectious disease caused by the bacterium Mycobacterium tuberculosis, primarily affecting the lungs but capable of spreading to other parts of the body, and is transmitted through airborne droplets from an infected person. Tuberculosis cases are rising due to factors such as increased transmission from untreated or undiagnosed cases, drug-resistant TB strains, gaps in healthcare access, population displacement, and the impact of co-infections like HIV, which weaken immunity. Candin helps tuberculosis by serving as a control in skin testing to evaluate cell-mediated immunity, distinguishing between immune responses caused by Mycobacterium tuberculosis and nonspecific anergic reactions in individuals with suspected tuberculosis or compromised immune function. For instance, in March 2023, according to the Centers for Disease Control and Prevention, a US-based national public health organization, in the United States, 8,300 cases of tuberculosis (TB) were reported in 2022, a rise from 7,874 cases in 2021. Therefore, the increasing prevalence of tuberculosis is driving the growth of the candin market.
What are the fastest-growing segments in the candin market forecast period?
The candin market covered in this report is segmented –
1) By Indication: Candidiasis, Thrush
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) By End Use: Hospitals, Clinics, Ambulatory Care, Home Care
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How are emerging trends transforming the candin market dynamics?
The key trend in the candin market is focusing on developing strategic partnerships to offer non-invasive, cost-effective, and effective treatment options. Strategic partnerships refer to collaborative agreements between two or more organizations to leverage each other’s strengths, resources, or expertise to achieve mutual goals, often involving shared risks, rewards, and responsibilities in areas such as product development, market expansion, or innovation. For instance, in May 2023, Nielsen BioSciences Inc., a US-based pharmaceutical company, announced that it has entered into a licensing agreement with Maruho Co. Ltd., a Japan-based pharmaceutical company, to sell candin in Japan as a remedy for verruca vulgaris. As a result of their partnership, Maruho will make a significant upfront payment to Nielsen and take on all costs related to the further development and regulatory activities for Candin, a diagnostic skin test aimed at treating verruca vulgaris (common warts).
Which major players hold significant market share in the candin sector?
Major companies operating in the candin market include Nielsen BioSciences Inc.
Which regional segments are forecasted to witness the fastest growth in the candin market?
North America was the largest region in the candin market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the candin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
How Can Companies Use The Candin Market Report to Drive Business Results?
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• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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