There are certain medical conditions that are totally cosmetic in nature. One such medical condition is Onychomycosis. It primarily is a nail fungus that causes nails to become thick, brittle, crumbly or even ragged. As stated above, most of the times the impact of onychomycosis is cosmetic. As soon one is infected from the fungal infection, he/ she starts witnessing some change in the appearance of nails. The after-math of this medical condition usually involves no or very less pain along with slightly foul odour. Onychomycosis is not all life-threatening and can be treated easily with the help of anti-fungal drugs, by using medicated nail polish along with cream or nail removal. The global onychomycosis market has been taking massive strides on the path of progress owing to multiple factors.

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The global onychomycosis market flourished during the coronavirus pandemic. According to a report, onychomycosis happens to be an indicator of more severe coronavirus infection and this is what drove this market’s growth at the time when majority of markets saw a dip in the revenue generated.

One of the major factor that has been driving factor for the growth of the global onychomycosis market is rise in the demand for the treatment of skin ailments with the help of oral antifungal drugs. Meanwhile, the global onychomycosis market might see a slump in the amount of money made in couple of years due to concerns related to the lack of awareness regarding the intensity of the infection. As it is most the painless, people are more prone to ignore the infection and leave it untreated.

On the other hand, the global onychomycosis market is forecasted to witness tremendous growth over the period of next few years owing to introduction of advanced diagnosis and treatments for onychomycosis in the countries that are developing.

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Key Takeaways – Global Onychomycosis Market:

  • On the basis of the type, the distal subungual onychomycosis (DSO) will be making the majority of the money for the market. As it happens to be the most common form of onychomycosis.
  • On the basis of the treatment type, the oral antifungal treatment is forecasted to generate revenue at the fastest rate for the global onychomycosis market over the period of next few years. This will be because of rising demand for the oral antifungal drugs which have proven to be very effective.
  • The region of Asia Pacific is forecasted to mint money at the fastest rate for the global onychomycosis market over the forecast period. Currently, a report claims that nearly 20 percent people in the eastern part of Asia are suffering from this fungal infection and this number is more likely to go upwards due to poor hygiene practices in couple of countries.

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Competitors: Global Onychomycosis Market:

  • Almirall S.A.
  • Bausch Health Companies Inc.
  • Cipla
  • Dermik Laboratories (Sanofi-aventis U.S.)
  • Reddy’s Laboratories (UK) Ltd
  • GALDERMA
  • GSK plc.
  • Hetero Healthcare Limited
  • Medimetriks Pharmaceuticals Inc.
  • Moberg Pharma AB
  • Novartis AG
  • Pfizer Inc
  • Other Market Participants

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Global Onychomycosis Market

By Type

  • Distal Subungual
  • Proximal Subungual
  • White Superficial
  • Candidal onychomycosis
  • Total dystrophic onychomycosis
  • Endonyx onychomycosis

By Diagnosis

  • Microscopy
  • Histopathologic examination with a periodic acid-Schiff (PAS) stain
  • Fungal Culture Test
  • Molecular Tests

By Treatment

  • Oral Antifungal therapy
  • Topical antifungal Treatment
  • Medicated nail polish and cream
  • Surgery
  • Others

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By Region

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

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