logo
logo
Sign in

Onychomycosis Treatment Market Growth Drivers, Business Strategies and Future Prospects 2028

avatar
Pooja salve
Onychomycosis Treatment Market Growth Drivers, Business Strategies and Future Prospects 2028

One of the key reasons propelling the Onychomycosis Treatment Market expansion throughout the forecast period is the rising prevalence of chronic diseases including onychomycosis, diabetes, and peripheral artery disease (PAD). Also, an ageing population that is more susceptible to certain diseases because of a weakening immune system is predicted to increase demand for the medication during the projection period. Also, the illness is very common among adults and millennials due to increased exposure to public swimming pools as well as the use of tight clothing, footwear, and socks.


Topical nail lacquers and ointments to preserve nail hygiene, combined with substantial advancements in the healthcare infrastructure, are further factors contributing to market expansion. In addition, the Onychomycosis Treatment Market is anticipated to expand throughout the assessment period due to an increase in the approvals of unique products in the industry. For instance, in 2022, the US health government gave Zydus Lifesciences permission to distribute the antifungal Efinaconazole Topical Solution. The US FDA gave the business the go-ahead to market the product. During the anticipated term, these variables are projected to increase the market's potential for growth.


Competitive Landscape:

Major players involved in the growth of global Onychomycosis Treatment Market are Moberg Pharma AB, Bausch Health Companies Inc., Galderma SA, Novartis AG Medimetriks Pharmaceuticals Inc., Johnson & Johnson, Cipla Ltd, Pfizer Inc., Bayer AG, and Lumenis Ltd.


Market Key Drivers:

The rising prevalence of diabetes and onychomycosis is expected to augment the growth of global Onychomycosis Treatment Market. For instance, as per 300 million people are affected by onychomycosis across the globe.


The rising geriatric population is projected to propel the growth of the global Onychomycosis Treatment Market. For instance, as per WHO, by 2030, one out of every six individuals on the globe will be aged 60 years or above.



Read More- https://cmi-latestreportorientedblogs.blogspot.com/2023/04/the-rising-prevalence-of-diabetes-and.html

 


collect
0
avatar
Pooja salve
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more