Cryptococcosis Treatment Market Analysis, Key Players, Growth Rate And Future Forecasts 2018-2026
Cryptococcosis or
cryptococcal disease is a fungal disease, which in severe cases can
be fatal. It is caused by either Cryptococcus neoformans or
Cryptococcus gattii. Cryptococcosis is said to be acquired by
inhaling contagious propagule from surroundings. Even though the
accurate character of the contagious propagule is not known, the
primary theory is the basidiospore produced in the course of sexual
or asexual reproduction is the cause. Cryptococcosis disease symptoms
include fatigue, fever, headache, blurred vision, dry cough, and
confusion. Symptoms onset is often subacute, worsening progressively
over more than a few weeks. The two key complications of the disease
are meningitis (brain infection) and pulmonary infection or lung
infection. The occurrence of cryptococcosis is increasing over the
years for various reasons, such as increase in prevalence of AIDS as
well as extended use of immunosuppressive drugs. These factors are
likely to propel the growth of the overall cryptococcosis treatment
market in the near future.
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According to a
report by National Centre for Biotechnology Information, illnesses
due to Cryptococcus fungi occur on a global scale and in an extensive
range of hosts, starting from patients who are strictly
immunosuppressed to patients with normal immune systems. The Centers
for Disease Control and Prevention (CDC) states that around 1 million
cryptococcosis cases arise throughout the globe, and it is
anticipated that annually, the number of deaths associated with
cryptococcosis is around 650,000. Most of the cases are reported
among amongst patients with complex HIV disease.
As the AIDS
population is rising at a startling rate, the likelihood of
occurrence of the disease is rising proportionately. Since
cryptococcosis disease is communicable in nature, and it gets
transmitted from one affected person to the next, persons suffering
from the disease are expected to rise in the near future. Therefore,
the cryptococcosis treatment market will also show a considerable
growth.
Cryptococcosis
Treatment Market Taxonomy
On the basis of type
of treatment, global cryptococcosis treatment market is classified
into:
-
Amphotericin B
-
Flucytosine
-
Fluconazole
-
Others
Rising
prevalence of chronic diseases to fuel cryptococcosis treatment
market growth
The major factor
working for the increase of the worldwide cryptococcosis treatment
market is the rising count of people being contaminated by the
disease. As per UNAIDS, there is an estimated 36.7 million cases of
AIDS in the world at the end of the year 2015. Rise in the prevalence
of diseases such as AIDS will further amplify the demand for the
cryptococcosis treatment. Cryptococcosis was classified as a rarely
happening illness; however, now the disease is seen to be rising
across the globe. Several governments are vastly interested in
eliminating the disease altogether from their respective nations. The
efforts put in by governments of various regions are encouraging the
players in the global market to increase their overall spend on
research and development activities, in order to get superior
treatment alternatives. This will further aid the global market of
cryptococcosis treatment to increase at a steady pace.
Increasing
prevalence of cryptococcosis in Sub-Saharan Africa will drive the
overall cryptococcosis treatment market growth
According to CDC, in
2009, there were an estimated 720,000 cases of HIV related
cryptococcosis in the Sub-Saharan Africa, which is about three times
the prevalence of the disease in all other parts of the world,
combined. It is believed that the disease kills more people in this
region than tuberculosis. Moreover, CDC also states that
cryptococcosis is the fourth most fatal disease in the region. It is
estimated to cause about 504,000 deaths per year. The occurrence of
cryptococcosis in the region is growing at an alarming rate; hence,
the market in this region is expected to grow at a significant rate
over the forecast period.
Some of the major companies operating in the global cryptococcosis
treatment market are Bristol-Myers Squibb Company, Sigmapharm
Laboratories LLC, Janssen Biotech, Inc. (Johnson & Johnson),
Novartis AG, Abbott Laboratories, Valeant Pharmaceuticals, Inc.,
Pfizer, Inc., and Glenmark Pharmaceuticals.
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Treatment Market
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