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India Mucormycosis Treatment (Black Fungus Drugs) Market to Surpass US$ 11.7 Million at a CAGR of 3.5% by 2028 | Natco Pharmaceuticals, Alembic Pharmaceuticals, Gufic Biosciences

July 26th, 2022 Coherent Market Insights Releases

The expanding pervasiveness of mucormycosis in India is projected to drive the development of the India mucormycosis treatment (black fungus drugs) market over the conjectured timeframe. As indicated by the article distributed in the Microorganisms Diary on March 4, 2021, the accompanying pie graph portrays the different clinical types of mucormycosis in India and their incidence in the Indian populace at a rate.

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Market players are enjoying getting endorsements for their enemy of parasitic medications from the administrative experts for the treatment of mucormycosis in the Indian populace. This is anticipated to fuel the development of the India mucormycosis treatment (black fungus drugs) market over the estimated timeframe. On March 15, 2021, the Drug Controller General of India (DCGI) supported Bharat Serums and Vaccines Limited’s enemy of parasitic medicine, Liposomal Amphotericin-B, or LAmB, for the treatment of mucormycosis in India.

Effect of the Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic is projected to drive development of the India mucormycosis treatment (black fungus drugs) market over the conjectured timeframe. For a very long time, the episode of COVID-19 has caused difficulties for the markets. For the time being, drug organizations, medical services foundations, drug conveyance, and retail areas have confronted adverse consequences of COVID-19’s spread. As per the World Health Organization, the indication of COVID-19 has brought about more than 2.74 million new cases and almost 0.3 million new deaths in India as of May 25, 2021.

Many organizations in India are bringing in Amphotericin B drugs from external organizations for the administration of mucormycosis in COVID-19 patients. Gilead Sciences, based in the USA, has sent more than 121,000 vials of AmBisome (Amphotericin B) to India. The organization is anticipated to supply 1,000,000 portions of AmBiosome to India through Mylan N.V., a worldwide nonexclusive and specialty drug organization. The above factors are estimated to drive the development of the India mucormycosis treatment (black fungus drugs) market over the estimated timeframe.

The expanding government initiatives for the treatment of mucormycosis patients are expected to drive the development of the India mucormycosis treatment (black fungus drugs) market over the forecast period. May 15, 2021, the Maharashtra government reported that the whole treatment cost for the mucormycosis patients, in Maharashtra, will be covered under the Mahatma Jyotiba Phule Jan Arogya Yojana, as the medications accessible for the treatment of mucormycosis are costly.

Key Takeaways

The Indian mucormycosis treatment (black fungus drugs) market is expected to grow at a CAGR of 3.5 percent between 2021 and 2028.

The expanding predominance of mucormycosis among the India populace is foreseen to drive development of the India mucormycosis treatment (black fungus drugs) market over the estimated timeframe. On May 25, 2021, the Jammu and Kashmir government proclaimed mucormycosis (Black Fungus Drugs) disease as a scourge after the primary detailed passing due to dark growth.

Key companies contributing to the India mucormycosis treatment (black fungus drugs) market include Bharat Serums and Vaccines, Cipla Limited, Lyca Pharmaceuticals, Synbiotics Limited, Alembic Pharmaceuticals, Cadila Healthcare Limited, Natco Pharmaceuticals, TLC Pharma Labs, Gufic Biosciences, Kamla Lifesciences, Emcure Pharmaceuticals, Lifecare Innovations, and BDR Pharmaceuticals.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 India Mucormycosis Treatment (Black Fungus Drugs) Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: India Mucormycosis Treatment (Black Fungus Drugs) Industry Impact

Chapter 2 India Mucormycosis Treatment (Black Fungus Drugs) Competition by Types, Applications, and Top Regions and Countries
2.1 India Mucormycosis Treatment (Black Fungus Drugs) (Volume and Value) by Type
2.3 India Mucormycosis Treatment (Black Fungus Drugs) (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 India Mucormycosis Treatment (Black Fungus Drugs) Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 14 Company Profiles and Key Figures in India Mucormycosis Treatment (Black Fungus Drugs) Business
Chapter 15 India Mucormycosis Treatment (Black Fungus Drugs) Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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