The Global Acute Vulvovaginal Candidiasis Treatment Market is estimated to reach over USD 485.54 million by 2030, exhibiting a CAGR of 4.80% during the forecast period.
The acute vulvovaginal candidiasis market includes the development of several treatments and medications for the treatment of acute vulvovaginal candidiasis. The candida albicans fungus causes acute vulvovaginal candidiasis (VVC), which is also known as vaginal thrush. The illness is caused by a fungal overgrowth, which manifests as abnormal vaginal discharge, acute discomfort during intercourse, and vaginal itching. Approximately 75 % of women are projected to be affected by the VVC at some point in their lives. Although the majority of VVC cases are small, the infection can develop seriously in some women, resulting in swelling, cracks in the vaginal wall, and redness.
Furthermore, the demand for acute vulvovaginal candidiasis therapy is increasing in lockstep with the global disease burden, indicating a growing desire for better treatment options and a rise in the number of hospital-acquired infections. The development of new antifungal drugs, an increase in healthcare spending, and the growth of healthcare infrastructure are also driving the global acute vulvovaginal candidiasis treatment market. Furthermore, market participants compete for clearance to manufacture their products by submitting new drug applications (NDAs) to regulatory organizations. As a result of this factor, the global acute vulvovaginal candidiasis market is expected to grow.
However, the global acute vulvovaginal candidiasis therapy market is predicted to be hampered by the COVID-19 pandemic over the forecast period. According to the Indian Journal of Medical Sciences, on June 6, 2020, the COVID-19 pandemic has impeded the conduct of clinical trials due to a lack of trial site employees, travel restrictions, experimental product supply, and other problems. The development of new therapeutics for acute vulvovaginal candidiasis is hampered by these roadblocks. Infection with Candida albicans is becoming increasingly common among patients in intensive care units. Furthermore, prominent firms have suspended operations in various places due to the lockdown and social distancing practices.
The Acute Vulvovaginal Candidiasis Treatment Market is segmented based on Drug Types, Route of Administration, and Distribution Channels. Based on Drug Types, the market is bifurcated as Clotrimazole, Nystatin, Fluconazole, Ketoconazole, Terbinafine, Terconazole, and Other Drug Types. Based on Route of Administration, the market is categorized into Oral, Intravenous, and Topical. Based on Distribution Channels, the market is segmented as Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.
Based on Drug Types, the Clotrimazole segment is accounted as a major contributor to the Acute Vulvovaginal Candidiasis Treatment Market.
Clotrimazole, nystatin, fluconazole, ketoconazole, terbinafine, terconazole, and others are the medication types that make up the global acute vulvovaginal candidiasis therapy market. Due to its high efficiency and widespread use in the treatment of acute vulvovaginal candidiasis, the clotrimazole segment is likely to dominate the global market throughout the projection period.
The hospital Pharmacies segment witnessed growth at a rapid rate.
The global acute vulvovaginal candidiasis treatment market can be divided into hospital pharmacies, retail pharmacies, internet pharmacies, and other distribution channels. As a result of the huge number of patients treated in hospitals, the hospital pharmacies segment is anticipated to hold a significant portion of the global acute vulvovaginal candidiasis treatment market by 2031.
In the region, the Asia Pacific Acute Vulvovaginal Candidiasis Treatment Market holds a significant revenue share.
The Asia Pacific acute vulvovaginal candidiasis market is likely to grow significantly over the forecast period. The global acute vulvovaginal candidiasis market is being boosted by raising awareness of this ailment among rural women, as well as Indian government programmes such as 'Swachhta, Swasthya, and Suvidha' to promote the cleanliness of poor women. Furthermore, developing economies such as China and Japan are expected to contribute to market expansion in the Asia Pacific as a result of improved healthcare infrastructure, an increase in the number of insurance payers, economic growth, the development of the private healthcare sector, and an increase in education and awareness. However, North America is also expected to rise fast over the forecast period in the worldwide acute vulvovaginal candidiasis market.
In the global acute vulvovaginal candidiasis treatment market over the forecast period, new drug development is expected to drive growth in the global acute vulvovaginal candidiasis treatment market. To grow their product portfolio, major players in the global acute vulvovaginal candidiasis treatment market are focusing on getting new medications approved and launched. Cadila Pharmaceuticals, for example, released Fenticonazole Nitrate Vaginal Capsules for the treatment of acute vulvovaginal candidiasis. Furthermore, Scynexis, for example, submitted a new medication application to the US Food and Drug Administration for the treatment of acute vulvovaginal candidiasis using oral ibrexafungerp. Some of the major market players are, Mycovia Pharmaceuticals, Inc., Scynexis, Inc., Basilea Pharmaceutica Ltd., Astellas Pharma Inc., Grupo Ferrer Internacional, S.A., Pacgen Life Science Corporation, NovaDigm Therapeutics, Inc., Cidara Therapeutics, Inc., Padagis LLC, ProFem GmbH, Amplyx Pharmaceuticals Inc., MethylGene Inc., Ferrer Internacional S.A., Pfizer, Inc., and Other Prominent Players