The aspergillosis treatment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Aspergillosis Treatment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The aspergillosis treatment market size has grown strongly in recent years. It will grow from $2.97 billion in 2023 to $3.14 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to diagnostic advancements, demand for antifungal medications, increased incidence, invasive procedures.
The aspergillosis treatment market size is expected to see strong growth in the next few years. It will grow to $3.98 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to demand for transplant medicine, prevalence of hematologic malignancies, increasing investments in research and development, public health initiatives. Major trends in the forecast period include antifungal resistance, targeted therapies, therapeutic drug monitoring, drug development.
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Scope Of Aspergillosis Treatment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Aspergillosis Treatment Market Overview
Market Drivers –
The increasing prevalence of fungal infections is expected to propel the growth of the aspergillosis treatment market going forward. Fungal infections, also known as mycosis, are diseases caused by fungi. It can also cause infections in humans and animals. Aspergillosis is a fungal infection that affects various body parts, including the respiratory system, lungs, brain, kidneys and other organs. Aspergillosis treatment, such as voriconazole, aims to control the fungal infection, alleviate symptoms, prevent complications and improve overall health. For instance, in July 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based public health agency, fungal hospitalization rates increased from 22.3 in 2019 to 25.0 in 2020 and 26.8 in 2021, a rise of an average of 8.5% annually per 10,000 hospitalizations. Therefore, the increasing prevalence of fungal infections is driving the growth of the aspergillosis treatment market.
Market Trends –
Major companies operating in the aspergillosis treatment market are focused on introducing innovative aspergillosis drugs and solutions to sustain their position in the market. Drug development increases treatment options for aspergillosis, such as posaconazole oral suspension that provides more targeted and effective treatment options for patients. For instance, in April 2023, Hikma Pharmaceuticals plc, a UK-based pharmaceutical company, launched Posaconazole oral suspension in the US for aspergillosis treatment. These drugs apply to patients at high risk of contracting invasive aspergillus and candida infections as they have severely compromised immune systems, such as hematopoietic stem cell transplant (HSCT) recipients with graft-versus-host disease (GVHD). Oropharyngeal candidiasis (OPC), especially OPC refractory (OPC) to itraconazole and fluconazole, is another condition for which posaconazole oral suspension is recommended.
The aspergillosis treatment market covered in this report is segmented –
1) By Type: Allergic Aspergillosis; Chronic Aspergillosis; Invasive Aspergillosis; Other Type
2) By Drug Class: Corticosteroids; Antifungal drugs; Other Drug Class
3) By Route of Administration: Oral; Injectable; Other Route Of Administration
4) By Distribution Channel: Hospital pharmacies; Retail pharmacies; Other Distribution Channel
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Regional Insights –
North America was the largest region in the aspergillosis treatment market in 2023. The regions covered in aspergillosis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major players in the aspergillosis treatment market are Basilea Pharmaceutica Ltd., Pfizer Inc., Johnson and Johnson, AbbVie Inc., Bayer AG, Novartis AG, Merck and Co. Inc., Sanofi S.A., Bristol Myers Squibb Company, AstraZeneca PLC, GSK PLC, Takeda Pharmaceutical Company, Eli Lilly and Company, Gilead Sciences Inc., Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries, Astellas Pharma Inc., Regeneron Pharmaceuticals, Mylan N.V. , Sun Pharmaceutical Industries, Jazz Pharmaceuticals, Dr. Reddy’s Laboratories, Cipla Ltd., Bruker Corporation, Hikma Pharmaceuticals PLC.
Table of Contents
1. Executive Summary
2. Aspergillosis Treatment Market Report Structure
3. Aspergillosis Treatment Market Trends And Strategies
4. Aspergillosis Treatment Market – Macro Economic Scenario
5. Aspergillosis Treatment Market Size And Growth
…..
27. Aspergillosis Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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