Global Caspofungin Market is estimated to value over USD 487 million by 2026 end and register a CAGR of over 0.16% during the forecast period 2019 to 2026. Regions such as US, Europe and Japan have an exponential geriatric population. Infections that entail invasive fungal that are problems which older adults tend to fall victim to. Fungal infections that are opportunities in nature have seen a rise particularly in elderly patients because they are more susceptible to undergo bone marrow and solid organ transplant, as well as that of intensive treatment of malignancies and have to undergo immunosuppressive medications for rheumatologic and dermatologic diseases. In comparison to younger patients, older patients are less likely to manage infections that are opportunistic or invasive endemic, and the consequences of infection are far more detrimental to elder patients. Rise in the geriatric population is estimated to be the primary reason behind the surge in the global caspofungin market growth over the forecast timeline. In the case of North America, the region can expect high market growth owing to factors such as the state-of-the-art healthcare developments and a greater disposable income and purchasing power. Furthermore, positive reimbursement in this region has allowed patients to seek the best possible healthcare facilities. The European region is expected to witness a stimulation in growth in the market, as a result of the efficient healthcare infrastructure that has aided patients in covering their treatment expenditure. A number of providers in healthcare offer partial or full coverage of the expenses pertaining to medication, treatment and physicians cost. But these schemes will be subject to the patient’s insurance income and plan. All these factors have aided in expanding the global caspofungin market size of the region. One such company that has made many strides in the caspofungin industry is Mylan N.V. They have introduced Caspofungin Acetate for Injection which is FDA approved and the antifungal contains many indications. Part of the indications include therapy which is empirical for presumed fungal infections in patients who are neutropenia and febrile. Mylan N.V. also conducts treatment in esophageal candidiasis and invasive aspergillosis with patients who cannot tolerate other therapies or are refractory. Some of the key players in the Caspofungin market include Gland Pharma Limited, Xellia Pharmaceuticals, Merck & Co., Inc.,Fresenius SE & Co. Mylan N.V., Teva Pharmaceutical Industries Ltd. Global Caspofungin Market Segmentation: By Indication Candidiasis Thrush By Distribution Channel Hospital Pharmacies Retail Pharmacies Online Pharmacies By Region Europe North America Asia Pacific Latin America Middle East & Africa FutureWise Key Takeaways: Growth prospects SWOT analysis Key trends Key data-points affecting market growth Objectives of the Study: To provide with an exhaustive analysis on the global caspofungin market by indication, by distribution channel and by region To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) To evaluate and forecast micro-markets and the overall market To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions Get unlimited analyst support and customise this study further to your requirements, contact sales@futurewiseresearch.com
Global Caspofungin Market is estimated to value over USD 487 million by 2026 end and register a CAGR of over 0.16% during the forecast period 2019 to 2026.
Regions such as US, Europe and Japan have an exponential geriatric population. Infections that entail invasive fungal that are problems which older adults tend to fall victim to. Fungal infections that are opportunities in nature have seen a rise particularly in elderly patients because they are more susceptible to undergo bone marrow and solid organ transplant, as well as that of intensive treatment of malignancies and have to undergo immunosuppressive medications for rheumatologic and dermatologic diseases. In comparison to younger patients, older patients are less likely to manage infections that are opportunistic or invasive endemic, and the consequences of infection are far more detrimental to elder patients. Rise in the geriatric population is estimated to be the primary reason behind the surge in the global caspofungin market growth over the forecast timeline.
In the case of North America, the region can expect high market growth owing to factors such as the state-of-the-art healthcare developments and a greater disposable income and purchasing power. Furthermore, positive reimbursement in this region has allowed patients to seek the best possible healthcare facilities. The European region is expected to witness a stimulation in growth in the market, as a result of the efficient healthcare infrastructure that has aided patients in covering their treatment expenditure. A number of providers in healthcare offer partial or full coverage of the expenses pertaining to medication, treatment and physicians cost. But these schemes will be subject to the patient’s insurance income and plan. All these factors have aided in expanding the global caspofungin market size of the region.
One such company that has made many strides in the caspofungin industry is Mylan N.V. They have introduced Caspofungin Acetate for Injection which is FDA approved and the antifungal contains many indications. Part of the indications include therapy which is empirical for presumed fungal infections in patients who are neutropenia and febrile. Mylan N.V. also conducts treatment in esophageal candidiasis and invasive aspergillosis with patients who cannot tolerate other therapies or are refractory.
Some of the key players in the Caspofungin market include Gland Pharma Limited, Xellia Pharmaceuticals, Merck & Co., Inc.,Fresenius SE & Co. Mylan N.V., Teva Pharmaceutical Industries Ltd.
Global Caspofungin Market Segmentation:
By Indication
By Distribution Channel
By Region
FutureWise Key Takeaways:
Objectives of the Study:
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