Global Cutaneous Leishmaniasis Drugs Market By Type (Pentavalent Antimonials, Antifungal Drugs), By Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies), By Geographic Scope And Forecast

Cutaneous Leishmaniasis Drugs Market Size And Forecast

Cutaneous Leishmaniasis Drugs Market size was valued at USD 44 Million in 2021 and is projected to reach USD 69.4 Million by 2030, growing at a CAGR of 4.4% from 2023 to 2030.

Increasing healthcare spending is expected to drive the growth of the cutaneous leishmaniasis market. The Global Cutaneous Leishmaniasis Drugs Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Cutaneous Leishmaniasis Drugs Market Definition

Cutaneous leishmaniasis is a parasitic disease. It is spread by the female sandfly, which occurs in the new world and the old world. The drugs approved for cutaneous leishmaniasis treatment include fluconazole, tablet azole antifungals-systemic, Diflucan, Diflucan tablet azole antifungals-systemic, impavido, miltefosine capsule, pentam 300 solution, reconstituted, off and pentamidine 300 mg solution for injection antiprotozoal agents are.

Cutaneous Leishmaniasis is not life-threatening, however, it can have devastating effects on local communities. The disfiguring lesions that are caused by Cutaneous Leishmaniasis can lead to stigmatization, leading to ostracism, impaired education as well as economic loss, which occurs mostly in populations with already limited resources. It can become disseminated and produce generalized debilitating diseases in immunosuppressed individuals. The prevalence of leishmaniasis is largely dependent on environmental factors as well as natural conditions. Factors such as vegetation areas and climatic factors play an important role in the proliferation and growth process of sandflies and the subsequent outbreak of leishmaniasis.

Global Cutaneous Leishmaniasis Drugs Market Overview

About 95% of cutaneous leishmaniasis cases occur in the Americas, the Mediterranean Basin, the Middle East, and Central Asia. In 2017 over 95% of new cutaneous leishmaniasis cases occurred in six countriesBrazil, Colombia, Afghanistan, Algeria, Iran, Iraq, and the Syrian Arab Republic. According to the World Health Organization, it is anticipated that between 600 000 to 1 million new cases arise worldwide yearly.

Increasing healthcare spending is expected to drive the growth of the cutaneous leishmaniasis market. According to the WHO, ‘spending on health is growing faster than the rest of the global economy, accounting for 10% of global gross domestic product (GDP)’. This upward trajectory of global health spending can be more definitely seen in low- and middle-income countries where health spending is growing faster than in comparison to high-income countries. This can be attributed to factors such as the developing market expansion, aging and increasing populations, advances in medical treatments, urbanization, and rising labor costs.

With high access barriers, the potential for the Cutaneous Leishmaniasis Drugs market is restrained as the scope of the market is confined to specific countries or regions. Addressing the supply chain barriers in eastern Africa required consistent and specific efforts which include pooled procurement, improved forecast, and increased commitment and resources.

Global Cutaneous Leishmaniasis Drugs Market Segmentation Analysis

The Global Cutaneous Leishmaniasis Drugs Market is segmented on the basis of Type, Distribution Channel, and Geography.

Cutaneous Leishmaniasis Drugs Market, By Type

• Pentavalent Antimonials
• Antifungal Drugs
• Anti-Leishmanial/Antimicrobial Drugs

To Know More About Cutaneous Leishmaniasis Drugs Market by Type

Based on Type, the market is bifurcated into Pentavalent Antimonials, Antifungal Drugs, and Anti-Leishmanial/Antimicrobial Drugs. Pentavalent Antimonials accounted for the largest market share of 39.50% in 2018 and is projected to grow at a CAGR of 4.26% during the forecast period. These drugs are known as first-line drugs against cutaneous leishmaniases, however, the treatment with these drugs can cause adverse effects and is not always effective. These drugs are prescribed parenterally, daily, for at least three weeks.

Cutaneous Leishmaniasis Drugs Market, By Distribution Channel

• Hospitals Pharmacies
• Retail Pharmacies
• Online Pharmacies

On the basis of the Distribution Channel, the market is bifurcated into Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies. Hospitals Pharmacies accounted for the largest market share in 2018 followed by retail pharmacies. It is projected to grow at the highest CAGR of 4.52% during the forecast period. Hospitals Pharmacies is projected to grow at the highest CAGR of 4.52% during the forecast period.

Cutaneous Leishmaniasis Drugs Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Regional Analysis, the Global Cutaneous Leishmaniasis Drugs market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for the largest market share and is projected to grow at a CAGR of 4.16% during the forecast period. In North America, leishmaniasis is commonly linked with the disease of travelers. The majority of the disease is observed from travel and immigration patterns across the region. In the United States, the majority of CL cases have been imported from Latin American countries. In 2015, the World Health Organization classified the United States as a leishmaniasis-endemic nation.

Key Players

The “Global Cutaneous Leishmaniasis Drugs Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Knight Therapeutics, gland pharma, Sanofi, Novartis, GloxoSmithKline, Pfizer, Cheplapharm Arzneimittel GmbH and Jassen Pharmaceutical.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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