Report Code: A03022 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Compound Clotrimazole Ointment Market
Request Now !Compound clotrimazole is a broad spectrum anti-fungal agent, which is used for the treatment of dermal infections. The ointment is majorly used for the topical treatment of candidiasis and tinea versicolor pityriasis versicolor. In addition, it is used in the treatment of dermal infections such as Athletes foot, crotch itch, and ringworm.
Increase in prevalence of fungal diseases is the major factor that drives the growth of the market. According to the estimates of Centers for Disease Control and Prevention (CDC), around 46,000 cases of invasive candidiasis occur per year in the U.S. In addition, rise in disposable income and increase in awareness of fungal infections among population are anticipated to boost the market growth. However, government regulations related to the safety and efficacy of the compound clotrimazole ointment hinder the market growth. Ongoing R&D activities related to compound clotrimazole ointment are anticipated to present new opportunities for the market.
The market is segmented on the basis of therapeutic indication, distribution channel, end user, and geography. Based on therapeutic indication, the market is categorized into candidiasis, tinea versicolor, and others. By distribution channel, it is classified into hospital pharmacies, retail pharmacies, specialty clinics, and e-commerce. According to end user, it is bifurcated into adult and pediatric. The geographical breakdown of each of the aforesaid segment is covered for North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
Compound Clotrimazole Ointment Market Report Highlights
Aspects | Details |
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By Therapeutic Indication |
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By Distribution Channel |
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By End User |
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By Region |
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Key Market Players | Shanghai Songhua Pharmaceutical Co., Ltd., GlaxoSmithKline Plc., Alves Health Care Pvt. Ltd., Helax Healthcare, Karnataka Antibiotics & Pharmaceuticals Limited (KAPL), Cadila Pharmaceuticals Limited, Merck & Co. Inc., Candor Biotech Ltd., Aidance Skincare & Topical Solutions, LLC, Capital Pharmaceutical |
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