Tinea Corporis Drugs Market is a fungal infection that develops on the skin's upper layer. It can occur or produce in any part of the body but majorly, it is developed on the legs and arms, predominantly in the glabrous skin. Tinea corporis commonly known as ringworm, appear like a ring structure on the skin. Fungal species that cause tinea corporis are Trichophyton rubrum, Microsporum canis and Epidermophyton floccosum.
Mycotic diseases are global in distribution, but the majority of the cases are witnessed from tropical and subtropical countries. As the number of patients surges, the market also grows. Tinea corporis may be acute or chronic and have the possible tendency to spread to other infected sites. Several dermatologists diagnose tinea infections by examining the skin scraping under a microscope. The condition is mainly treated by topical antifungal agents and oral antifungal medicines, such as terbinafine and clotrimazoles.
Data Bridge Market Research analyses a growth rate in the tinea corporis drugs market in the forecast period 2023-2030. The expected CAGR of tinea corporis drugs market is tend to be around 3.50% in the mentioned forecast period. The market was valued at USD 16.6 billion in 2022, and it would grow upto USD 21.86 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Global Tinea Corporis Drugs Market Scope and Market Size
Tinea corporis drugs market is segmented on the basis of drugs, route of administration, end-users and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of drugs, the tinea corporis drugs market is segmented into anti-fungal and others. Anti-fungal segment further divided into azoles, imidazole, allylamines and others.
- On the basis of route of administration, the tinea corporis drugs market segment into oral, parenteral, topical and others
- On the basis of end-users, the tinea corporis drugs market is segmented into hospitals, specialty clinics, home healthcare and others
- On the basis of distribution channel, the tinea corporis drugs market has also been segmented into hospital pharmacy, retail pharmacy, online pharmacy and others
Tinea Corporis Drugs Market Country Level Analysis
Global tinea corporis drugs is analysed and market size information is provided by country drugs, route of administration, end-users and distribution channel as referenced above.
The countries covered in the tinea corporis drugs market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, in the Asia-Pacific, U.A.E, Egypt, Israel, Saudi Arabia, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.
North America holds the largest market share due to increased high prevalence of skin diseases and increased healthcare expenditure. Asia-Pacific is expected to account for the largest market share over coming years for the tinea corporis drugs market due to increased skin diseases by herbal medicine as well as synthetic medicines and easily availability of OTC drugs in the region.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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Patient Epidemiology Analysis
Tinea corporis drugs market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
Competitive Landscape and Tinea Corporis Drugs Market Share Analysis
Tinea corporis drugs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to tinea corporis drugs market.
The major players covered in the tinea corporis drugs market are Johnson & Johnson Services, Inc., Mylan N.V., Galderma, Monarch Pharmachem, Medimetriks Pharmaceuticals, Inc., LEO Pharma A/S, Encore Dermatology, Inc., Sun Pharmaceutical Industries Ltd., GlaxoSmithKline plc., Bausch & Lomb Incorporated, Perrigo Pharmaceutical Inc., Hikma Pharmaceutical PLC, Novartis AG, Teva Pharmaceutical Industries Limited, Accord Healthcare, Zydus Pharmaceutical Inc., Regeneron Pharmaceuticals., Pfizer Inc., Bayer AG, Astellas Pharma Inc., AbbVie Inc., among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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