North America Systemic Aspergillosis and Systemic Candidasis Market is expected to reach US$ 3,352.62 million by 2027

Systemic Oral Azoles Segment is Expected to Drive the Growth of the North America Systemic Aspergillosis and Systemic Candidasis Market by Type

According to the latest study on ‘North America Systemic Aspergillosis and Systemic Candidasis Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Drug Class, Route of Administration, Distribution Channel, and Country,’ the North America Systemic Aspergillosis and Systemic Candidasis market was valued at US$ 2,423.82 million in 2019 and is projected to reach US$ 3,352.62 million by 2027; it is expected to grow at a CAGR of 4.2% during 2020–2027. The report highlights the trends prevailing in the North America systemic aspergillosis and systemic candidasis market and the factors driving the market along with those that act as deterrents to its growth.

Based on type, the systemic aspergillosis and systemic candidasis market is segmented voriconazole, liposomal, amphotericin B, systemic oral azoles, topical, antifungal agents, and others. In 2019, the systemic oral azoles segment accounted for the largest share of the North America systemic aspergillosis and systemic candidasis market. The growth of the segment attributes to the to rise in prevalence of fungal diseases is among the primary factors contributing to the dominance of the segment in the North america systemic aspergillosis and systemic candidasis market. Additionally, the outbreak of the COVID-19 pandemic has highly affected the countries in the North American region. Systemic aspergillosis and systemic candidiasis are the types of fungal infections. Molds cause the aspergillosis infection and majorly affects the respiratory tract of an individual. In addition it is a severe pulmonary infection caused by Aspergillus, a common fungus that affects people with weakened immune systems or lung diseases. Moreover, severe fungal infections occur due to other health problems, including AIDS, asthma, cancer, organ transplantation, and corticosteroid therapies. Early accurate diagnosis allows prompt antifungal treatment; however, this is often delayed or unavailable leading to death, severe chronic illness, or blindness. For instance, according to journal of Fungi published in March 2017, HIV/AIDS pandemic, tuberculosis, chronic obstructive pulmonary disease (COPD), asthma, and the increasing incidence of cancers are the primary drivers of fungal infections in both developed and developing countries globally. Furthermore, According to the National Library of Medicine National Institutes of Health report published in October 2017, report estimates have found 3,000,000 cases of chronic pulmonary aspergillosis, ~223,100 cases of cryptococcal meningitis complicating HIV/AIDS, ~700,000 cases of invasive candidiasis, ~500,000 cases of Pneumocystis jirovecii pneumonia, ~250,000 cases of invasive aspergillosis, ~100,000 cases of disseminated histoplasmosis, over 10,000,000 cases of fungal asthma and ~1,000,000 cases of fungal keratitis occurs annually across the world. According to Centers for Disease Control and Prevention (CDC), There were total 1,595 cases of Candida Auris, has been observed in different states of United States. Therefore, it is expected that the market for systemic aspergillosis and systemic candidasisis likely to have a positive impact in the following years.

Novartis AG, Sanofi, Pfizer Inc., Merck & Co., Inc., Bayer AG, Astellas Pharma Inc., GlaxoSmithKline plc., Abbott, Cipla Inc., ENZON PHARMACEUTICALS, INC, are among the prominent players present in the systemic aspergillosis and systemic candidasis market. The market players are focused on mergers and acquisitions to sustain their position in the market. For instance, in July 2018 Pfizer Inc. and Basilea Pharmaceutical Ltd. an international have entered into an agreement whereby Pfizer will be granted the exclusive commercialization rights in Europe to CRESEMBA a novel anti-fungal treatment for adult patients with diagnosed invasive aspergillosis and mucormycosis, two serious infections associated with high morbidity and mortality among immunocompromised patients.

The report segments the North America systemic aspergillosis and systemic candidasis market as follows:

By Type

• Systemic Oral Azoles
• Voriconazole
• Liposomal Amphotericin B
• Topical Antifungal Agents
• Others

By Application

• Allergic Bronchopulmonary Aspergillosis (ABPA)
• Chronic Pulmonary Aspergillosis (CPA)
• Gastrointestinal Candidiasis
• Genitourinary Tract Candidiasis
• Others

By Country

• US
• Canada
• Mexico