DERMATOPHYTIC ONYCHOMYCOSIS TREATMENT MARKET ANALYSIS
The global dermatophytic onychomycosis treatment market is estimated to account for US$ 7,851.4 Mn in terms of value by the end of 2027.
North America region held dominant position in the global dermatophytic onychomycosis treatment market in 2018, accounting for 45.8% share in terms of value followed by 2027.
Nail Paints segment in the global dermatophytic onychomycosis treatment market was valued at US$ 2,713.0 Mn in 2018 and is expected to reach US$ 6,086.0 Mn by 2027 at a CAGR of 9.5% during the forecast period.
Market Trends/Key Takeaways
The market is witnessing increasing M&A activities. For instance, in January 2018, Viamet Pharmaceuticals entered into an agreement with NovaQuest Capital Management, L.L.C. for the acquisition of Viamet Pharmaceuticals.
Key players in the market are focused on conducting clinical trials in order to expand their product portfolio. For instance, in January 2018, Novan announced to present the Phase II efficacy and safety data for SB208, a topical, silicone-based gel under development for the treatment of fungal infections of the skin and nails at the Winter Clinical Dermatology Conference.
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