Global Vulvovaginal Candidiasis Treatment Market Research Report 2023-2028 - Demand for Cost-effective Vulvovaginal Candidiasis Treatment Soars with Growing Geriatric Population

News provided by

Oct 04, 2023, 18:45 ET

DUBLIN, Oct. 4, 2023 /PRNewswire/ -- The "Vulvovaginal Candidiasis Treatment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented by Drug Class, By Route of Administration, By Distribution Channel, By Region and Competition" report has been added to ResearchAndMarkets.com's offering.

The Global Vulvovaginal Candidiasis Treatment Market is anticipated to witness impressive growth to 2028

The increasing demand for vulvovaginal candidiasis treatment can be attributed to several key factors driving its growth. Firstly, there has been notable progress in the development of new antifungal medications, coupled with a significant rise in healthcare expenditure worldwide.

Furthermore, the global population's growing awareness of the need for effective yet cost-efficient treatment options, particularly among the elderly demographic, has led to a surge in demand for vulvovaginal candidiasis treatment on a global scale.

Additionally, the escalating prevalence of chronic diseases such as cancer, cardiovascular ailments, neurological disorders, and diabetes on a global scale is anticipated to further boost the demand for vulvovaginal candidiasis treatment, driving market growth through the year 2028. Moreover, increasing awareness about the importance of hygiene and the advantages of adopting new, cost-effective treatment options is expected to provide additional support to the vulvovaginal candidiasis treatment market during the forecast period.

Furthermore, the growing use of broad-spectrum antibiotics, such as Fluconazole, to combat yeast infections is projected to contribute to the increased demand for vulvovaginal candidiasis treatment, thereby fostering market growth. Vaginal candidiasis ranks as the second most common type of vaginal infection in the United States, following bacterial vaginal infections, with an estimated 1.4 million outpatient visits for vaginal candidiasis annually.

The market's growth is further driven by the rising prevalence of acute vulvovaginal candidiasis infections among the global population, with an increasing number of research initiatives aimed at understanding the prevalence of conditions like recurrent vulvovaginal candidiasis (RVVC). Notably, a Lancet Journal article reported that approximately 138 million women worldwide suffer from recurrent vulvovaginal candidiasis, with 3,871 cases per 100,000 women reported each year.

The increasing incidence of chronic diseases worldwide, combined with the rising demand for improved treatment options and the growing prevalence of hospital-acquired infections, is also contributing to the heightened need for vulvovaginal candidiasis treatment.

Furthermore, emerging economies are witnessing a surge in healthcare expenditure, alongside a rising incidence of obesity and diabetes, increased government funding, and a surge in awareness initiatives led by both government and private organizations aimed at educating the public about the disease and its preventive measures. These factors are expected to drive the expansion of the vaginal candidiasis treatment market.

Another significant growth driver is the increasing focus on research and development efforts directed at developing drugs and treatments for vulvovaginal candidiasis. This is expected to propel the global vulvovaginal candidiasis market's growth during the forecast period. In a notable development, Scynexis Inc. reported promising results from Phase III trials conducted to assess the effectiveness of Ibrexafungerp, an antifungal drug, in treating vulvovaginal candidiasis.

Moreover, major industry players are submitting new drug applications for the treatment of vaginal infections to regulatory bodies, facilitating the production of innovative drugs. These factors collectively contribute to the anticipated growth of the market in the forecast period.

For instance, in February 2021, SCYNEXIS, Inc., a biotechnology company specializing in the development of therapies and drugs for fungal infections, partnered with Amplify Health, a global leader in contract commercialization organizations, to introduce Brexafemme (Ibrexafungerp) in the United States, highlighting the commitment to advancing vulvovaginal candidiasis treatments.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Vulvovaginal Candidiasis Treatment Market.

Astellas Pharma Inc.
Mycovia Pharmaceuticals, Inc.
Basilea Pharmaceutica Ltd.
Scynexis, Inc.
Grupo Ferrer Internacional, S.A.
Pfizer, Inc.
Pacgen Life Science Corporation
NovaDigm Therapeutics, Inc.
Cidara Therapeutics, Inc.
Amplyx Pharmaceuticals Inc.

Report Scope:

Clinical Trial Analysis

Ongoing Clinical Trials
Completed Clinical Trials
Terminated Clinical Trials
Breakdown of Pipeline, By Development Phase
Breakdown of Pipeline, By Status
Breakdown of Pipeline, By Study Type
Breakdown of Pipeline, By Region
Clinical Trials Heat Map

Vulvovaginal Candidiasis Treatment Market, By Drug Class:

Clotrimazole
Nystatin
Fluconazole
Ketoconazole
Terbinafine
Terconazole
Others

Vulvovaginal Candidiasis Treatment Market, By Route of Administration:

Oral
Intravenous
Topical

Vulvovaginal Candidiasis Treatment Market, By Distribution Channel:

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

Vulvovaginal Candidiasis Treatment Market, By Region:

North America
United States
Canada
Mexico
Europe
France
Germany
United Kingdom
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Australia
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

For more information about this report visit https://www.researchandmarkets.com/r/s7us27

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets