Athlete’s Foot (Tinea pedis) Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026
- Transparency Market Research
- Therapeutic Area
Athlete’s foot (Tinea pedis) is a fungal infection, caused by different types of fungi including Trichophyton, Epidermophyton, and Microsporum. The athlete's foot fungus attacks the keratin rich tissues such as skin, nail, and hair. These fungus dwell there because these have enzymatic ability to decompose keratin. Keratin is a fibrous structural protein that is primarily found in nail, hair, and outer layers of human skin. Moreover, these fungus need warm and moist environment for survival and growth. These are commonly found in shower areas of swimming pools and gym. Athlete’s foot is a contagious disease, which can easily spread through contact with infected individuals. Common symptoms of tinea pedis are itching, red blisters between the toes or on the sole, and dry flaky skin on the feet.
Athlete’s foot infection can be diagnosed by detecting the disease symptoms, clinical testing, and a skin lesion potassium hydroxide (KOH) examination. Potassium hydroxide (KOH) examination is the most common test for athlete’s foot. Potassium hydroxide (KOH) destroys the normal cells and leaves the fungal cells undamaged, so that these are easily observed under a microscope. Prevalence of athlete’s foot is higher among in men because they are more exposed to nail trauma due to usage of occlusive footwear. Presently, athlete’s foot affects over 15% of the global population. Athlete’s foot is often treated with over-the-counter (OTC) antifungal medications such as miconazole, terbinafine, clotrimazole, tolnaftate, and butenafine. In March 1999, terbinafine hydrochloride (Lamisil) was the first drug approved for athlete’s foot treatment.
Increase in awareness about fungal infections and rise in incidence of such infections across the world are projected to drive the global athlete’s foot (tinea pedis) treatment market during the forecast period. Additionally, continuously increasing unhygienic environment in populated cities of the world and popularity of over-the-counter antifungal drugs for dermal infection are anticipated to drive the global athlete’s foot (tinea pedis) treatment market in the near future. However, side effects of antifungal drugs such as allergic reactions over the skin, liver damage, and increase in resistance developed by fungi are likely to restrain the global athlete’s foot (tinea pedis) treatment market.
The global athlete’s foot (tinea pedis) treatment market can be segmented based on drug class, route of administration, distribution channel, and region. In terms of drug class, the global market can be categorized into antifungals antibiotics, steroids, and others. Based on route of administration, the global athlete’s foot (tinea pedis) treatment market can be bifurcated into topical antifungals and oral antifungals. In terms of distribution channel, the global market can be divided into online pharmacies, retail pharmacies, and hospital pharmacies.
Geographically, the global athlete’s foot (tinea pedis) treatment market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is expected to account for the largest share of the global market because of major players concentrated in the U.S. resulting in extensive research and development for developing better drugs. Europe is expected to be the second largest market for athlete’s foot (tinea pedis) treatment during the forecast period, due to rise in prevalence of fungal infection and increase in awareness about new treatment options. The athlete’s foot (tinea pedis) treatment market in Asia Pacific is expected to expand rapidly during the forecast period. Growth of the market in the region can be attributed to increase in awareness about personal hygiene and better access to health care.
Key players operating in the global athlete’s foot (tinea pedis) treatment market are Valeant Pharmaceuticals, Quinnova Pharmaceuticals, Inc., Anacor Pharmaceuticals, Inc., Cardinal Health, Novartis AG, Merck & Co, Inc., Bayer Healthcare LLC, Janssen Pharmaceuticals, Inc., Pfizer, Inc., Medimetriks Pharmaceuticals, Inc., Medicis Pharmaceutical Corporation, and Johnson and Johnson Healthcare.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Therapeutic Area
Therapeutic AreaWound Treatment Products Markets in China
Pharmaceuticals and HealthcareGlobal Bionic Ears Market Professional Survey Report 2017
Pharmaceuticals and HealthcareNeuropsychiatric Disorder Cluster Drug Development Pipeline Review, 2017
Pharmaceuticals and HealthcareHepatitis Drug Development Pipeline Review, 2017