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2022
Blastomycosis Market

Blastomycosis Market by Product Type (Drugs, Ointment, and Powder), Application (Azoles, Polyenes, Echinocandins, Allyamines, and Others), and Distribution Channel (Hospital Pharmacy, Drug Store, Online Pharmacy, and Retail Pharmacy): Global Opportunity Analysis and Industry Forecast, 2021–2030

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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Blastomycosis is also known as fungal infection. It is an infection which is caused by fungus called blastomyces. Spores of the blastomyces enter the body through air when it inhaled, thus it mainly affects the lungs and causes pneumonia. Fungi spread through bloodstream to other parts of the body. Symptoms of blastomycosis include cough, shortness of breath, fatigue, back and chest pain, weight loss, skin sores. Individuals who have weak immune system and diabetes are at higher risk to get infected from these diseases. When this infection spreads in the skin, treatment such as intracoanazole is given orally in mild to moderate cases. 

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Segments Covered

  Product Type, Application, End User, and Region

 

COVID-19 Impact analysis

COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. This highly contagious disease is a severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) that is transmitted from one person to another. Since the outbreak in December 2019, the disease has spread to almost 213 countries across the globe with the World Health Organization declaring it a pandemic on March 11, 2020.

Pharmaceutical and biotech companies together with governments across the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. According to World Health Organization, there were 0.005 to 1.7 per million cases of COVID-19 patients with blastomycosis globally.  In addition, people with diabetes are at high risk of having COVID-19 infection which results in infection of blastomycosis . This in turn is expected to have a significant positive impact on the blastomycosis market.

Top Impacting Factors

  • Increase in cases of chronic diseases, rise in diagnosis procedure to detect the chronic infection, increase in bone marrow and organ transplantation procedures, increase in hematological cancer cases, rise in demand for amphotericin B therapy, rise in cases of immunological diseases, and increase in prevalence of human immunodeficiency virus (HIV) are factors that drive growth of the blastomycosis market. 
  • In addition, increase in healthcare expenditure; availability of skilled professionals; collaborations & partnerships between key players to facilitate drug development; rise in R&D activities to improve quality of blastomycosis treatment drugs, rise in advancement of drug innovation such as fix dose combination, technological development such as computed tomography, tissue biopsy are some factors which boost the market growth for blastomycosis.
  • However, shortage of the drugs and high cost of treatment hinder the blastomycosis market growth.
  • Contrarily, increase in awareness regarding treatment and prevention of blastomycosis government initiatives for regulatory approvals are expected to offer lucrative opportunities for the expansion of the market.

Market Trends

New Product Launches to Flourish the Market

  • In September 2019, Amplyx Pharmaceuticals received FDA granted fast track designation for the drugs such as intravenous, and fosmanogepix (APX001) for the treatment of fungal infection which caused by rare molds and aspergillus pathogens.
  • In June 2021, Mankind Pharma launched Posaconazole Gastro resistant tablets for the treatment of blastomycosis. In India, the tablets has been launched by a name Posaforce 100. Indian Council of Medical Research has stated that Posaconazole is an effective option to cure blastomycosis.
  • In June 2021, Celon Laboratories launched Amphotericin B for the treatment of blastomycosis a fungal infection.

Key Benefits of the Report

  • This study presents the analytical depiction of the blastomycosis industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the blastomycosis market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the blastomycosis market growth scenario.
  • Porter’s Five Forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed blastomycosis market analysis based on competitive intensity and how the competition will take shape in coming years

Questions Answered in the Blastomycosis Report

  • Who are the leading market players active in the blastomycosis market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the blastomycosis market?
  • What future projections would help in taking further strategic steps for blastomycosis?
  • What is "blastomycosis "?
  • What is "blastomycosis" Market prediction in the future?
  • Who are the leading global players in the “blastomycosis" market?
  • What are the current trends and predicted trends of blastomycosis market?
  • What are the key benefits of the "blastomycosis" market report?

Key Market Segments

Segments Sub-segments
By Product Type
  • Drugs
  • Ointment
  • Powder
By Application
  • Azoles
  • Polyenes
  • Echinocandins
  • Allyamines
  • others
By Distribution Channel
  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy
  • Drug Store
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA


Key Market Players

  • Abbott Laboratories
  • Pfizer Inc.
  • Novartis
  • Sanofi S.A
  • Bayer
  • Merck and Company
  • Aglilent Technologies
  • Glaxosmithkline PLC
  • Sato Pharmaceuticals
  • Beckman Coulter inc
 
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