The 7 major coccidioidomycosis markets reached a value of US$ 132.9 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 209.5 Million by 2034, exhibiting a growth rate (CAGR) of 4.22% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 132.9 Million |
Market Forecast in 2034
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US$ 209.5 Million |
Market Growth Rate 2024-2034
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4.22% |
The coccidioidomycosis market has been comprehensively analyzed in IMARC's new report titled "Coccidioidomycosis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Coccidioidomycosis, also known as valley fever, refers to a fungal infection that arises due to the inhalation of spores from the fungi Coccidioides posadasii or Coccidioides immitis. The indications of this condition can vary widely, ranging from mild flu-like symptoms to serious and potentially life-threatening complications. The ailment usually manifests as fever, cough, fatigue, headache, and muscle aches. In some cases, the disorder can progress to a more severe form, leading to pneumonia, skin rashes, joint pain, and, rarely, dissemination to several other organs, like the brain and bones. The diagnosis of coccidioidomycosis typically involves a combination of clinical evaluation, imaging studies, physical examination, and laboratory tests. The healthcare provider may also conduct blood workups to detect antibodies against the fungi or use imaging techniques, such as CT scans or chest X-rays, to identify characteristic lung lesions. In severe cases or when dissemination is suspected, a biopsy may be necessary for confirmation.
The rising prevalence of inhaling airborne fungal spores due to disturbances in the soil caused by factors like dust storms and construction activities is primarily driving the coccidioidomycosis market. In addition to this, the escalating incidence of somatic mutations in the GNAQ gene, leading to overgrowth of the fungus in certain regions of the body, particularly the respiratory system, is a crucial factor fueling the market growth. Furthermore, the increasing utilization of effective antifungal medications, such as azoles, polyenes, echinocandins, etc., to manage the condition and prevent complications is creating a positive outlook for the market. Apart from this, the widespread adoption of preventive measures, including wearing masks and avoiding high-risk areas, has also contributed to the market's expansion. Additionally, the rising popularity of early diagnosis through serological tests and chest X-rays, enabling prompt treatment and reducing disease progression, is acting as another significant growth-inducing factor. Moreover, the emerging trend of adopting combination therapy, involving a few different types of antifungal agents in severe cases, is further augmenting the market growth. Additionally, the growing research and development efforts towards launching a therapeutic vaccine aimed at providing long-term immunity and prevention against the disease are expected to drive the coccidioidomycosis market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the coccidioidomycosis market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for coccidioidomycosis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the coccidioidomycosis market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current coccidioidomycosis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Coccidioidomycosis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies