GiiResearch.com: Antifungals Market to Reach $10.8 Billion by 2017
The global Antifungals Market will grow at a moderate rate due to the impact of generic erosion in the dermatophytosis and candidiasis markets.
Hartford, CT, January 21, 2012 --(PR.com)-- Global Information Inc. (GII) is pleased to announce a new market research report, “Antifungals Market to 2017 – Generic Erosion of Major Polyenes, Azoles, Allylamines and Echinocandins to Slow Value Growth” by GBI Research.
The global Antifungals Market will grow at a moderate rate due to the impact of generic erosion in the dermatophytosis and candidiasis markets. There is no dominant player in the market, which is highly fragmented. Although it was worth $9.4 billion in 2010, the majority of revenues came from generic products and not from the branded products.
A high diagnosis rate is a driver for market growth. Current diagnostic techniques involve self diagnosis, fungal culture, microscopy and Enzyme-Linked Immunosorbent Assay (ELISA) tests, for which sensitivity and accuracy is not very high. Advances in the form of beta glucan tests and aspergillus GM EIA (Galactomannan Enzyme Immunoassay) as well as increased patient awareness will increase diagnosis rates, further supporting market growth. Untapped market can only be accessed if the treatment seeking and diagnosis rates improve.
For further details on this report, visit: http://www.giiresearch.com/report/gbi227861-antifungals-market-2017-generic-erosion-major.html
Browse Pharmaceutical market research reports: http://www.giiresearch.com/pharmaceutical_report.shtml
About Global Information Inc.
Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
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The global Antifungals Market will grow at a moderate rate due to the impact of generic erosion in the dermatophytosis and candidiasis markets. There is no dominant player in the market, which is highly fragmented. Although it was worth $9.4 billion in 2010, the majority of revenues came from generic products and not from the branded products.
A high diagnosis rate is a driver for market growth. Current diagnostic techniques involve self diagnosis, fungal culture, microscopy and Enzyme-Linked Immunosorbent Assay (ELISA) tests, for which sensitivity and accuracy is not very high. Advances in the form of beta glucan tests and aspergillus GM EIA (Galactomannan Enzyme Immunoassay) as well as increased patient awareness will increase diagnosis rates, further supporting market growth. Untapped market can only be accessed if the treatment seeking and diagnosis rates improve.
For further details on this report, visit: http://www.giiresearch.com/report/gbi227861-antifungals-market-2017-generic-erosion-major.html
Browse Pharmaceutical market research reports: http://www.giiresearch.com/pharmaceutical_report.shtml
About Global Information Inc.
Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
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Global Information Inc.
Yuko Ueki
860-674-8796
http://www.GiiResearch.com
Yuko Ueki
860-674-8796
http://www.GiiResearch.com
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