Yeast Infections Market is Growing Solidified CAGR of 5.2% During Forecast to 2023
Market Analysis:
Such
yeasts are generally present in the intestine, the vagina, and on the skin.
Under normal conditions, this yeast will not cause any infection, yet at times
can lead to an infection in the skin, vagina, or mouth owing to several factors
of which the most common include a conducive environment, unhygienic
conditions, weak immune response, amid others. Along with infants, those
suffering from inflammatory disorders, hypothyroidism, obesity, and diabetes
are susceptible to catching this infection. Yeast infection is most common in
those areas of the skin that are humid.
The Yeast Infection Market is
predicted to grow at a 5.2% CAGR over the forecast period (2018-2023),
states the new Market Research Future (MRFR) report. Yeast infection which is
popularly known as candidiasis is a form of infection that results from
different forms of yeast known as Candida.
Various factors are
propelling the yeast infection market growth. Some of these factors according
to the Market Research Future (MRFR) report, include rising incidence of
autoimmune diseases, rising geriatric population, rising cases of HIV,
government support for R&D, and growing demand for antifungal drugs.
Additional factors pushing market growth include growing prevalence of
infections, the widespread use of antibiotics, growing awareness, availability
of new treatment and medications, technological advancements in medical
science, pollution and unhealthy lifestyle, and increasing investments made in
research and development activities.
On the contrary, side
effects associated to the treatment, complications during treatments, drug
resistance, and unmet clinical needs are factors that are likely to impede the
yeast infection market growth over the forecast period.
Key Players:
·
AstraZeneca
·
ALLERGAN
·
Sanofi
·
Pfizer
Inc
·
Novartis
AG
·
Abbott
·
Mentis
Pharma Ltd
·
Bayer
AG
·
Astellas
·
Merck
& Co
·
Synmedic
Laboratories
·
Scynexis
Market Segmentation:
·
The
MRFR report provides a complete segmental analysis of the yeast infection
market on the basis of end users, treatment, types, and pathogen.
·
Based
on pathogen, the yeast infection market is segmented into candid rugosa,
candida glabrata, candida albicans, and others.
·
Based
on type, the yeast infection market is segmented into throat yeast infection,
skin yeast infection, vaginal skin infection, and others.
·
Based
on treatment, the yeast infection market is segmented into surgery and drug
treatment. The drug treatment segment is further segmented into suppository,
tablet, ointment, and cream.
·
Based
on end users, the yeast infection market is segmented into ambulatory centers,
clinics, hospitals, and others.
Regional Analysis:
By region, the yeast
infection market report covers the latest trends and growth opportunities
across Europe, the Americas, the Asia Pacific, and the Middle East and Africa.
Of these, the Americas will spearhead the market over the forecast period. This
is due to the rising cases of patients suffering from immune diseases and the
presence of a vast geriatric population.
The yeast infection
market in Europe is predicted to have the second-largest share over the
forecast period. This is chiefly due to the accessibility of government support
for R&D and the availability of modern treatment facilities.
The yeast infection
market in the APAC region is predicted to have a notable growth over the
forecast period. This is owing to the growing prevalence of HIV in the region,
growing awareness about yeast infections and the accessibility of new treatment
methods. China, as well as India, are the key contributors in this
region.
The yeast infection
market in the Middle East and Africa is predicted to have minimal growth over
the forecast period. This is owing to a lack of awareness and limited
availability and access to treatment facilities.
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