Onychomycosis Disease Market Growth Analysis by 2030: Rising Prevalence of Dermatophyte-Caused Nail Fungal Infection is Drive Revenue Growth in the Industry

The latest market analysis report published by Reports and Data, titled ‘Global Onychomycosis Disease Market – Forecast to 2030,’ thoroughly examines the Onychomycosis Disease industry to provide essential data & information for the targeted readers. The report consists of quantitative and qualitative research on the market performed by our market experts. The Onychomycosis Disease industry report emphasizes the current and upcoming market revenue growth opportunities and trends. Moreover, the report offers key information on the industry statistics, as well as a wide range of dynamic factors including drivers, restraints, risks, challenges, threats, supply & demand ratios, production & manufacturing capacities, sales & distribution networks, cost & demand volatility, import/export ratios, profit margins, and macro-economic and micro-economic factors. The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview. Our market experts have determined the current financial positions of the leading industry players in the report leveraging advanced analytical tools such as Porter’s Five Forces Analysis, SWOT analysis, and investment assessment.

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Market Overview:

The global Onychomycosis market is expected to register a steady revenue CAGR during the forecast period. The market revenue growth is driven by increasing geriatric population, rising prevalence of onychomycosis and diabetes, and improvements in healthcare infrastructure.

Onychomycosis, commonly known as tinea unguium, is a fungal nail infection. White or yellow nail discoloration, the thickness of the nail, and detachment of the nail from the nail bed are all symptoms. Toenails and fingernails can both be impacted, but toenails are more commonly afflicted. Cellulitis of the lower leg is one of the possible complications. Onychomycosis can be caused by a variety of fungi, including dermatophytes and Fusarium. Athlete's foot, other nail diseases, exposure to someone with the condition, peripheral vascular disease, and impaired immune function are all risk factors.

Onychomycosis occurs in 10% of the general population, 20% of persons older than 60 years, and 50% of those older than 70 years. The diagnosis is usually assumed based on appearance and verified through laboratory tests.

Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.

Top Companies Profiled in the Report:

• Pfizer Inc.
• Novartis AG
• Johnson & Johnson Services Inc.
• Medimetriks Pharmaceuticals Inc.
• Bausch Health Sciences
• Galderma Laboratories
• Moberg Pharma AB
• Reddy’s Laboratories Ltd.
• Merz Pharma
• Kaken Pharmaceutical Co. Ltd.
• GlaxoSmithKline plc
• Taro Pharmaceuticals Industries Ltd.

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Onychomycosis Disease Market Segmentation:

By Type (Revenue, USD Billion; 2019-2030)

• Others                        
• Candida onychomycosis
• Proximal subungual onychomycosis (PSO)
• White superficial onychomycosis (WSO)
• Distal subungual onychomycosis (DSO)

By Route of Administration (Revenue, USD Billion; 2019-2030)  

• Topical
• Parenteral
• Oral

Regional Outlook:

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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