Chronic aspergillosis treatment market

Chronic Aspergillosis Treatment Market, by Drug Class (Corticosteroids and Anti-fungal Drugs), by Disease Type (Simple Aspergilloma, Chronic Cavitary Pulmonary Aspergillosis, Chronic Fibrosing Pulmonary Aspergillosis, Subacute Invasive Aspergillosis, Allergic Bronchopulmonary Aspergillosis [ABPA], and Severe Asthma With Fungal Sensitization [SAFS]), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Drug Store, and E-commerce), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

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Sep 2021
CMI4611
204 Pages
Excel & Pdf
Pharmaceutical

Summary

Chronic pulmonary aspergillosis (CPA) is a serious long-term fungal disease of the lung with a worldwide prevalence. Chronic pulmonary aspergillosis (CPA) complicates conditions including tuberculosis, chronic obstructive pulmonary disease and sarcoidosis, and is associated with high morbidity and mortality. Chronic pulmonary aspergillosis (CPA) is characterized by slowly progressive destruction of lung parenchyma, in the form of single of multiple cavities, nodules, infiltrates or fibrosis, with or without an aspergilloma.

The global chronic aspergillosis treatment market is estimated to be valued at US$ 2,916.3 million in 2021 and is expected to exhibit a CAGR of 4.8 % during the forecast period (2021-2028).

Figure 1.Global Chronic Aspergillosis Treatment Market Share (%) in Terms of Value, By Drug Class, 2021

Increasing incidence and prevalence of aspergillosis is expected to drive the market growth during the forecast period.

Increasing prevalence of aspergillosis is expected to drive the global chronic aspergillosis treatment market growth over the forecast period. For instance, according to the National Organization for Rare Disorders, aspergillosis has been reported from all over the world in recent years. Allergic bronchopulmonary aspergillosis has been estimated to affect about one to four million people worldwide annually. Moreover, according to the same source, chronic pulmonary aspergillosis is estimated to affect about three million people worldwide every year.

Chronic Aspergillosis Treatment Market Report Coverage

Report Coverage	Details
Base Year:	2020	Market Size in 2021:	US$ 2,916.3 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2021 to 2028
Forecast Period 2021 to 2028 CAGR:	4.8%	2028 Value Projection:	US$ 4,056.4 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East: GCC Countries, Israel, and Rest of Middle East Africa: South Africa, North Africa, and Central Africa
Segments covered:	By Drug Class: Corticosteroids, Anti-fungal Drugs By Disease Type: Simple Aspergilloma, Chronic Cavitary Pulmonary Aspergillosis, Chronic Fibrosing Pulmonary Aspergillosis, Subacute Invasive Aspergillosis, Allergic Bronchopulmonary Aspergillosis [ABPA], Severe Asthma With Fungal Sensitization [SAFS] By Distribution Channel: Hospital Pharmaciesm, Retail Pharmacies and Drug Store, E-commerce
Companies covered:	Astellas Pharma Inc., Abbott Laboratories, Pfizer Inc., Pulmocide Ltd., Johnson & Johnson, Mylan N.V., Glenmark Pharmaceuticals, Merck & Co., Inc., Mayne Pharma Group Limited, GlaxoSmithKline plc., PULMATRiX, Inc., F2G Ltd, Teva Pharmaceutical Industries Ltd., and Novartis International AG
Growth Drivers:	Increasing incidence and prevalence of aspergillosis Robust product pipeline
Restraints & Challenges:	Increasing generic competition Complications associated with drugs used in the treatment of chronic aspergillosis

Figure 2.Global Chronic Aspergillosis Treatment Market Share (%), By Disease Type, 2021

Robust product pipeline of chronic aspergillosis is expected to drive the market growth during the forecast period.

Robust product pipeline for the treatment of chronic aspergillosis which are expected to launch during the forecast period is anticipated to drive the growth of the global chronic aspergillosis treatment market. For instance, on September 15, 2020, Regeneron Pharmaceuticals, a biopharmaceutical company, initiated phase III, a randomized, double-blind, placebo-controlled, parallel-group study to evaluate the efficacy and safety of dupilumab in patients with allergic bronchopulmonary aspergillosis. The study is estimated to be completed by October 23, 2023.

Global Chronic Aspergillosis Treatment Market– Impact of Coronavirus (COVID-19) Pandemic

According to Centers for Disease Control and Prevention, investigators in Spain and the U.S. added 20 new case reports to mounting evidence that patients with coronavirus disease 2019 (COVID-19) are at risk of developing pulmonary aspergillosis. The coronavirus (COVID 19) pandemic and lockdown in various countries across the globe have impacted the financial status of businesses in all sectors. Private healthcare sector is one of the sectors, which is majorly impacted by the COVID-19 pandemic. Moreover, coronavirus pandemic has negatively impacted the development, production, and supply of pharmaceutical products and affected growth of the medication used in treatment of chronic aspergillosis such as antifungal drugs and corticosteroids manufactured by various companies across the regions such as North America, Europe, and Asia Pacific. The supply and production of pharmaceutical products is also affected due to COVID-19 pandemic lockdown imposed globally. This lockdown has resulted in closure of industrial establishments, except manufacturing of essential commodities, and disruption in supply chain of the pharmaceutical products. Thus, COVID-19 pandemic has affected the economy in three main ways; 1) By directly affecting the production and demand; 2) By creating disruptions in distribution channels; and 3) By its financial impact on firms and financial markets. Thus, the impact of coronavirus (COVID-19) pandemic is expected to limit growth of the global chronic aspergillosis treatment market during the forecast period

Global Chronic Aspergillosis Treatment Market: Restraint

The major factors that are expected to hinder growth of the global chronic aspergillosis treatment market include increasing generic competition and complications associated with drugs used in the treatment of chronic aspergillosis. For instance, in November 2016, Ajanta Pharma, a pharmaceutical company, launched voriconazole tablets in 50-mg and 200-mg doses in the U.S. market. These tablets are the equivalent generic version of Vfend, an antifungal drug from Pfizer. Vfend is used to treat conditions such as invasive aspergillosis, candidemia, and serious infections caused by Scedosporium apiospermum and Fusarium species.

Key Players

Major players operating in the global chronic aspergillosis treatment market include Astellas Pharma Inc., Abbott Laboratories, Pfizer Inc., Pulmocide Ltd., Johnson & Johnson, Mylan N.V., Glenmark Pharmaceuticals, Merck & Co., Inc., Mayne Pharma Group Limited, GlaxoSmithKline plc., PULMATRiX, Inc., F2G Ltd, Teva Pharmaceutical Industries Ltd., and Novartis International AG

Table of Content

*Browse 35 market data tables and 33 figures on "Chronic Aspergillosis Treatment Market” - Global forecast to 2028

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- Frequently Asked Questions -

What is the current market size and compound annual growth rate (CAGR) of the market during the forecast period (2021-2028)?

The global chronic aspergillosis treatment market size is estimated to be valued at US$ 2,916.3 Mn in 2021 and is expected to exhibit a CAGR of 4.8% between 2021 and 2028.

What are the major factors driving the market growth?

Factors such as increasing incidence and prevalence of aspergillosis and robust product pipeline are expected to drive the market growth during the forecast period.

Which is the leading drug class segment in the market?

Anti-fungal drugs segment is expected to hold a major market share during the forecast period.

What are the key factors hampering growth of the market?

The major factors hampering growth of the market include increasing generic competition and complications associated with drugs used in the treatment of chronic aspergillosis.

Which are the major players operating in the market?

Major players operating in the market include Astellas Pharma Inc., Abbott Laboratories, Pfizer Inc., Pulmocide Ltd., Johnson & Johnson, Mylan N.V., Glenmark Pharmaceuticals, Merck & Co., Inc., Mayne Pharma Group Limited, GlaxoSmithKline plc., PULMATRiX, Inc., F2G Ltd, Teva Pharmaceutical Industries Ltd., and Novartis International AG