Echinocandins Market: Industry Analysis Trends and Forecast By 2029
This Echinocandins Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the echinocandins market was valued at USD 515.20 million in 2021 and is expected to reach USD 796.69 million by 2029, registering a CAGR of 5.6% during the forecast period of 2022 to 2029.
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Market Overview:
In recent years, the echinocandins market is anticipated to grow rapidly during the forecast period. Echinocandin is a form of antifungal drug which prevents the production of cell walls. The -1, 3-glucan synthase complex is inhibited by these compounds. Caspofungin is the first echinocandin candidate to receive FDA approval. The United States Food and Drug Administration has approved caspofungin for the treatment of invasive candidiasis in patients who have failed to respond to other antifungal drugs, as well as for empirical therapy in febrile neutropenia, esophageal candidiasis, and certain forms of candidemia. In comparison to other antifungal medicines, echinocandins have a number of advantages. Less chance of drug–drug interactions, a unique mode of action, and a lower incidence of adverse effects are all potential advantages of echinocandins.
Some of the major players operating in the Echinocandins Market are Fresenius SE & Co. KGaA (Germany), Glenmark Pharmaceuticals Limited (India), F. Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (US), Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Sun Pharmaceutical Industries Ltd. (India), Gilead Sciences, Inc. (US), Apotex Inc. (Canada), Amneal Pharmaceuticals LLC. (US), Zydus Cadila (India), Aurobindo Pharma (India), Cipla Inc. (US), Hikma Pharmaceuticals PLC (UK), Dr. Reddy’s Laboratories Ltd. (India), WOCKHARDT (India), Bausch Health Companies Inc. (Canada), Lannett (US), Torrent Pharmaceuticals Ltd. (India) among others.
Global Echinocandins Market Scope
The echinocandins market is segmented on the basis of drug type, application, dosage, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Drug Type
· Caspofungin
· Micafungin
· Anidulafungin
On the basis of type, the global echinocandins market is segmented into caspofungin, micafungin, and anidulafungin.
Application
· Esophageal Candidiasis
· Candidemia with Invasive Candidiasis
· Febrile Neutropenia
· Invasive Aspergillosis
· Others
On the basis of application, the global echinocandins market is segmented into esophageal candidiasis, candidemia with invasive candidiasis, febrile neutropenia, invasive aspergillosis and others.
Dosage
· Injectables
· Others
On the basis of dosage, the echinocandins market is segmented into injectables and others.
Route of Administration
· Intravenous
· Others
The route of administration segment for the echinocandins market is segmented into intravenous and others.
End-Users
· Hospitals
· Specialty Clinics
· Homecare
· Others
On the basis of end-users, the echinocandins market is segmented into hospitals, specialty clinics, homecare and others.
Distribution Channel
· Hospital Pharmacy
· Retail Pharmacy
· Online Pharmacy
· Others
On the basis of distribution channel, the echinocandins market has also been segmented into hospital pharmacy, retail pharmacy, online pharmacy and others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Echinocandins Market Landscape
Part 04: Global Echinocandins Market Sizing
Part 05: Global Echinocandins Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Echinocandins Market, Echinocandins Market Scope, Echinocandins Market Size, Echinocandins Market Forecast
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