The 7 major invasive candidiasis markets reached a value of US$ 2.2 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 3.1 Billion by 2034, exhibiting a growth rate (CAGR) of 3.12% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 2.2 Billion |
Market Forecast in 2034
|
US$ 3.1 Billion |
Market Growth Rate (2024-2034)
|
3.12% |
The invasive candidiasis market has been comprehensively analyzed in IMARC's new report titled "Invasive Candidiasis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Invasive candidiasis, also known as candidemia, is a severe fungal infection caused by Candida species, primarily Candida albicans. This disease occurs when Candida yeast, which is commonly present in the human body, overgrows and invades the bloodstream or various other internal organs, leading to a systemic infection. The indications of the ailment can vary but often include fever, chills, low blood pressure, rapid heartbeat, and organ-specific symptoms, such as abdominal pain or difficulty breathing. However, the presentation can be nonspecific, making early diagnosis challenging. The diagnosis of invasive candidiasis typically involves blood cultures to identify the presence of specific species in the bloodstream. Numerous other diagnostic methods include imaging studies like CT scans or ultrasounds to detect organ involvement, as well as tests to determine the susceptibility of Candida species to antifungal medications. A timely and accurate diagnosis is crucial, as this disease can lead to serious medical complications in patients.
The escalating incidences of fungal infection caused by an abnormal overgrowth of fungi in various parts of the body, particularly within the bloodstream and internal organs, are primarily driving the invasive candidiasis market. In addition to this, the rising prevalence of immunocompromised conditions, such as HIV/AIDS, organ transplantation, prolonged use of broad-spectrum antibiotics, etc., that can increase the likelihood of infection among individuals is creating a positive outlook for the market. Moreover, the widespread adoption of effective antifungal medications, including azoles, echinocandins, polyenes, etc., for treating and preventing invasive candidiasis is also propelling the market growth. These drugs work by targeting the yeast cells and disrupting their essential cellular components to curb the progression of the illness and avert further complications in patients. Apart from this, the inflating application of infection control practices in healthcare settings, alongside the development of rapid diagnostic techniques, like molecular methods and biomarker identification for timely and accurate detection of the ailment, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of supportive therapies, such as intravenous fluids and immune-boosting agents, to enhance the body's defense mechanisms against fungal infection is expected to drive the invasive candidiasis market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the invasive candidiasis market in the United States, EU5 (Germany, Spain, Italy, France, and 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 invasive candidiasis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and 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 invasive candidiasis 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 invasive candidiasis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Rezzayo (Rezafungin acetate) | Cidara Therapeutics |
Eraxis (Anidulafungin) | Pfizer |
Ibrexafungerp | SCYNEXIS |
Fosmanogepix | Amplyx Pharmaceuticals |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Invasive Candidiasis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies