The global caspofungin market is anticipated to grow at a CAGR of around 5% during the forecast period. The caspofungin is used to treatinvasive candidiasis, invasive aspergillosis, and suspected fungal infections. Caspofungin has a significant application in patients that cannot use or do not respond to other antifungal medications such as amphotericin B, itraconazole. Additionally, caspofungin can also be used with the combination of other antifungal medicines such as voriconazole for more effective results, which is anticipated to significantly increase the growth of the caspofungin market.
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The global caspofungin market is further segmented based on geography into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold the largest market share in the caspofungin during the forecast period. The growth of the region is owing to the increasing incidence of disease related to change in lifestyle and an increase in stress levels such as vaginal, vulvovaginal, and fungemia candidiasis. Additionally, the geriatric population of the region that is experiencing increased incidences of Candidemia and invasive aspergillosis will also fuel the growth of the caspofungin market across the region. According to the Centers for Disease Control and Prevention (CDC) report, in the population aged over 60, Candida was the fourth most common cause of bloodstream infection.
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The caspofungin market is segmented on the basis of the infection type and dosage form. Based on the infection type, the market is sub-segmented into candidiasis and thrush. Further based on the dosage forms, the market is sub-segmented into powders, ointments, and drugs.
Factor such as the availability of caspofungin in the generic form will increase its penetration in the developing economies at affordable price which, in turn, will drive the growth of the caspofungin market. Besides, the low awareness regarding the various internal bacterial and fungal infections in the developing economies will hamper the growth of the caspofungin market during the forecast period.
Global Caspofungin Market – Segmentation
by Infection Type
Candidiasis
Thrush
by Dosage Forms
Powders
Ointments
Drugs
Global Caspofungin Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Altan Pharma Ltd.
Alvogen
Centrient Pharmaceuticals
Cipla Ltd.
Fresenius SE & Co. KGaA
LivealthBioPharma Pvt. Ltd.
MDA Inc.
Merck & Co. Inc.
Mylan NV
New Xellia Group A/S
ParchemFine &Specialty Chemicals
Pfizer Inc.
Rewine Pharmaceutical
Sanofi SA
Stanex Drugs and Chemicals Pvt. Ltd.
Sun Pharmaceutical Industries Ltd.
SVAK Life Sciences
Teva Pharmaceutical Industries Ltd.
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