Considering the Global Scenario of the Tinea Versicolor Treatment Market, there are four main regions, America, Europe, Asia Pacific, and Middle East and Africa. The Americas is holding largest market share. The Americas mainly include North America and South America. North America is very important and highest revenue generator market for tinea versicolor treatment. Asia Pacific is second largest and fastest growing market. Some major factors like increasing awareness of the disease, developing healthcare sector, and rising healthcare expenditure are driving the growth for Asia Pacific tinea versicolor treatment market. Europe tinea versicolor treatment is also growing significantly. Germany, UK, and France are the major markets while Eastern European tinea versicolor treatment market is also growing. Middle East & Africa tinea versicolor treatment market is expected to have limited growth mainly due to lack of awareness of the disease, and limited access to the healthcare facilities. Due to developed healthcare infrastructure and high expenditure on healthcare, Middle East is dominating region as compared to Africa.
The Worldwide Tinea Versicolor Treatment Industry has been evaluated as a moderately growing market and it is expected to continue growing in the near future. Tinea versicolor is common yeast infection of skin. The prevalence rate is higher in tropical areas and frequency is more during the summer. Increasing prevalence of various skin diseases are key factor for market growth. The Tinea Versicolor Treatment Market was around USD 685.4 million in 2016 and is expected to reach USD 1107.9 million by 2023 which is a projected CAGR of 7.1%. Some other major factors like increasing awareness, new drug development, clinical trials and approvals, and rising demand from emerging markets of Asia and South America are also driving the global tinea versicolor market.
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Major players in Tinea Versicolor treatment market:
There are plenty of large and small market players which operate in this market: Astellas Pharma US, Inc. (Japan), Bayer AG (German), Enzon Pharmaceuticals, Inc. (US), Galderma S.A. (Switzerland), Gilead (US), Novartis AG (Switzerland), Pfizer Inc. (US), Taro Pharmaceutical Industries Ltd. (US), Teva Pharmaceutical Industries Ltd. (Israel), Valeant (Canada) and others.
Tinea Versicolor Treatment Market Segmentation:
Global tinea versicolor treatment market has been segmented on the basis of diagnosis which comprise physical exam, imaging tests, and others. Imaging test is sub-segmented into wood lamp (black light) examination, microscopy using Potassium Hydroxide (KOH), fungal culture, skin biopsy, and others. Skin biopsy is sub-segmented into shave biopsy, punch biopsy, excisional biopsy, and others.
On the basis of treatments, the market has been segmented into antifungal shampoos, antifungal creams, drugs, and others. Antifungal shampoos are sub-segmented into selenium sulfide (selsun) 2.5 percent shampoo, ciclopirox (loprox, penlac) shampoo, ketoconazole (ketoconazole, nizoral, others) shampoo, and others. Antifungal creams are sub-segmented into Selenium sulfide (Selsun) 2.5 percent lotion, Ciclopirox (Loprox, Penlac) cream or gel, Ketoconazole (Ketoconazole, Nizoral, others) cream or gel, and others. Drugs are further sub-segmented into fluconazole (diflucan) tablets or oral solution, and others.
On the basis of end user, it is segmented into dermatology hospital and clinics, medical research centers, academic institutes, and others.
Major TOC of Tinea Versicolor Treatment Industry 2017 To 2023:
1. Report Prologue
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
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