By 2023, the global antifungal drugs market is predicted to grow from $13,719 million in 2016 to $17,718 million

Posted By : on 2021-11-29   07:53:04    India
  antifungal drugs market


Antifungal Drugs Market Overview:

By 2023, the global antifungal drugs market is predicted to grow from $13,719 million in 2016 to $17,718 million. During the projected period, 2017-2023, the industry is expected to grow at a CAGR of 3.7 percent. Antifungal medications are used to detect and remove fungal diseases with minimal negative effects on the body. Unhygienic and dirty settings in which fungal agents grow promote fungal infection in the body.These agents multiply by disseminating spores, which then cause infections on the skin (superficial) or in the lungs (systemic)-fungal diseases. Candidaiasis, fungal pneumonia, mucormycosis, and other disorders are caused by a fungal infection. These infections are usually non-lethal, but in rare situations, they can be fatal.


The antifungal drugs market is driven by key players' continued focus on the development of new generic and unique anti-infective pharmaceuticals and formulation technologies to address serious fungal infections. The different launches made by many key entities demonstrate this. Basilea Pharmaceutica Ltd., for example, launched CRESEMBA (isavuconazole) in the United Kingdom in 2016. This is a brand-new azole antifungal medication used to treat mucormycosis.

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