Tinea Corporis Drugs Market to Observe Utmost Growth of 21.86 Billion By 2030, Size, Share, Demand, Key Drivers And Development Trends

PRESS RELEASE
Published November 1, 2023

The steadfast Tinea Corporis Drugs market report is proficient and comprehensive and focuses on primary and secondary market drivers, market share, leading segments, and geographical analysis. In this era of globalization, many businesses call for global market research to support decision-making. This market research report analyses key factors of the market that give precise and accurate data and information about the industry which is useful for the business. Tinea Corporis Drugs report covers many business strategies such as new product launches, expansions, agreements, partnerships, joint ventures, acquisitions, and others that help to amplify their footprints in the market.

The large-scale Tinea Corporis Drugs market report includes a systematic investigation of the current scenario of the market, which covers several market dynamics. The company profiles of all the chief and dominating market players and brands who are taking steps such as product launches, joint ventures, mergers, and acquisitions are mentioned in the report. This market document offers a profound overview of product specification, technology, product type, and production analysis by taking into account the most important factors such as revenue, cost, and gross margin. Company profiles covered in the world-class Tinea Corporis Drugs report can be quite useful for making any revenue, import, export, and consumption-related decisions for the business.

Data Bridge Market Research analyses a growth rate in the tinea corporis drugs market in the forecast period 2023-2030. The expected CAGR of tinea corporis drugs market is tend to be around 3.50% in the mentioned forecast period. The market was valued at USD 16.6 billion in 2022, and it would grow upto USD 21.86 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Mycotic diseases are global in distribution, but the majority of the cases are witnessed from tropical and subtropical countries. As the number of patients surges, the market also grows. Tinea corporis may be acute or chronic and have the possible tendency to spread to other infected sites. Several dermatologists diagnose tinea infections by examining the skin scraping under a microscope. The condition is mainly treated by topical antifungal agents and oral antifungal medicines, such as terbinafine and clotrimazoles.

Key Growth Drivers:

  • Increasing Demand of Antifungals

The antifungal segment dominates the tinea corporis drugs market. This can be attributed to their highly-effective nature. Furthermore, they are the only feasible option as far as the treatment of fungal diseases is concerned. Additionally, a crucial reason for the dominance of the antifungal segment is the availability of several ways of using them. For instance, antifungal treatment is available in drugs, creams, shampoos, and others. Thus, all these factors boost the market growth.

  • Rising Demand for Oral Drugs

Oral drugs is expected to boost the market growth. The segment is anticipated to speed up the market as most products are available in capsule, cream, gels or tablet form and it is a very convenient route of administration.

The report outlines the involvement of key players, including:

Novartis AG (Switzerland), Endo International Inc (Ireland), Teva Pharmaceutical Industries Ltd (Israel), Glenmark Pharmaceuticals Ltd (India), Cipla Inc (India), Dr Reddy’s Laboratories Ltd (India), Abbott (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc (U.S.), Zydus Group (India), Lupin (India), Amorphex Therapeutics Holdings, Inc (U.S.), Bausch Health Companies Inc. (Canada.), Mylan N.V. (U.S.), Fresenius Kabi AG (Germany), Hikma Pharmaceuticals PLC (U.K.), Johnson & Johnson Services, Inc. (U.S.), LEO Pharma A/S (Denmark), Regeneron Pharmaceuticals Inc (U.S.), Astellas Pharma Inc. (Japan)

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Key Market Segmentation

Drugs (Anti-Fungal, Others), Route of Administration (Oral, Topical, Parenteral, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)

The Tinea Corporis Drugs market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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