Aspergillosis Treatment Market Size
Study Period | 2019 - 2029 |
Market Size (2024) | USD 4.14 Billion |
Market Size (2029) | USD 5.17 Billion |
CAGR (2024 - 2029) | 4.56 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Aspergillosis Treatment Market Analysis
The Aspergillosis Treatment Market size is estimated at USD 4.14 billion in 2024, and is expected to reach USD 5.17 billion by 2029, growing at a CAGR of 4.56% during the forecast period (2024-2029).
The market is expected to grow due to factors like the increasing burden of aspergillosis and other fungal infections, coupled with the rising demand for novel regimens for the management of the condition. Aspergillosis is a severe condition caused by a common mold type, aspergillus. People who have a weakened immune system are at the maximum risk of developing aspergillosis, and the common health issues that arise from the condition are lung infections, allergic reactions, and infections in other areas.
Thus, the severity of the condition has put extensive pressure on pharmaceutical companies to develop novel regimens for managing its symptoms. Some of the commonly used drugs for the treatment of aspergillosis include voriconazole, micafungin, and amphotericin B.
The increasing prevalence of aspergillosis, coupled with the presence of other long-term conditions like asthma, tuberculosis, and cystic fibrosis, have contributed to the high disease burden. For instance, according to data published by the National Organization for Rare Disorders Inc. (NORD) in March 2023, the burden of aspergillosis recorded an increase, and chronic and allergic forms of the condition affected most of the population, making it a major disease type. The data suggested that chronic pulmonary aspergillosis may affect over 3 million people globally, and allergic aspergillosis may affect about 1 to 4 million people globally. Thus, the increasing burden of aspergillosis is alarming and is projected to support industry expansion over the forecast period.
To manage the burden posed by aspergillosis, pharmaceutical companies emphasized more on developing advanced therapies for aspergillosis. Moreover, resistance issues with existing therapies, including corticosteroids and antifungal agents, have further propelled the need for novel solutions for the condition. Thus, pharmaceutical companies are undertaking extensive R&D efforts to develop agents with better efficacy and fewer adverse effects. For instance, in September 2023, Alkem Laboratories and Biosergen collaborated to launch Phase 2 and Phase 3 trials of BSG005 candidates for the treatment of severe fungal diseases in India. The trial enrolled all the people with candidiasis, mucormycosis, and aspergillosis who were resistant or tolerant to amphotericin B.
In addition, in February 2023, Pulmatrix Inc., a leading developer of novel inhaled therapies, took a significant step by dosing the first patient with PUR1900 in a phase 2b trial. This trial aimed to evaluate PUR1900’s potential in the management of allergic bronchopulmonary aspergillosis in people living with chronic pulmonary disorders. This step highlighted market players’ efforts toward developing novel regimens for aspergillosis, thereby fostering market opportunities.
Furthermore, various organic and inorganic initiatives undertaken by market players and rising demand for innovative solutions have further supported industry expansion. For instance, in December 2022, Asahi Kasei Pharma obtained a license to manufacture and commercialize cresemba intravenous infusion 200 mg and cresemba capsule 100 mg in Japan for the management of various fungal infections like cryptococcosis, aspergillosis, and mucormycosis. This helped the company to manage the burden of fungal infections in the country.
Therefore, the above-mentioned factors, including the growing burden of aspergillosis and the increasing efforts from pharmaceutical companies to develop promising therapies for it, are anticipated to propel market growth over the forecast period.
However, limited treatment options, long-term treatment, and resistance issues from current treatment approaches are likely to hamper market growth during the study period.
Aspergillosis Treatment Market Trends
Antifungal Agents Segment is Expected to Hold a Major Market Share in the Global Aspergillosis Treatment Market
Antifungal agents are the first line of treatment for managing the symptoms of aspergillosis. Various antifungal agents, such as azoles, polyenes, and echinocandins, are used for the symptomatic management of the condition. Rising awareness about the condition, higher preference by healthcare professionals for antifungals, and the wide spectrum of activity of newer agents are facilitating segment expansion. For instance, healthcare professionals often prefer novel antifungals because they offer a broad spectrum of activity against resistant aspergillosis strains, according to the Expert Review of Anti-Infective Therapy released by Informa in 2022.
Moreover, continuous developments and rising interest in understanding the role of novel anti-infective agents in various fungal infections have created new avenues for the global market. In addition, this helped researchers to better understand the new indication, tolerance, and resistance-related factors associated with antifungal agents.
For instance, in August 2023, the US Food and Drug Administration (US FDA) accepted the supplemental new drug application (sNDA) for isavuconazonium sulfate, an azole-based antifungal agent for the management of invasive mucormycosis and invasive aspergillosis in children one to 17 years of age. Thus, the ongoing efforts from market participants to develop advanced products with extended indications are likely to support segment expansion.
In addition, the higher burden of aspergillosis across the globe has facilitated the demand for more effective antifungals, and this has pushed manufacturers to innovate advanced therapies and explore new business opportunities. For instance, in May 2022, F2G Ltd and Shionogi & Co. Ltd collaborated to manufacture and commercialize olorofim, a new antifungal agent for the treatment of invasive aspergillosis in Asia and Europe. Olorofim has become the first antifungal agent to be awarded a Breakthrough Therapy Designation (BTD) for various indications by the US FDA.
Therefore, owing to the above-mentioned factors, such as the growing acceptance of antifungal treatments and increased efforts by manufacturers to develop promising antifungal therapies, have contributed to the significant market share of the segment, and this, in turn, is anticipated to accelerate market growth over the study period.
North America is Expected to Witness a Significant Growth Over the Forecast Period
North America is expected to witness exponential growth opportunities over the forecast period. Factors such as the presence of many market participants and various strategic initiatives undertaken by them are expected to support regional market growth. In addition, a supportive research framework, access to cutting-edge medical technologies, and rising industry-academia partnerships are further contributing to the regional market’s growth.
Key product launches, a high concentration of market players, and a supportive regulatory framework are further accelerating the growth of the aspergillosis treatment market in the region. For instance, in December 2023, the US Food and Drug Administration approved isavuconazonium sulfate (Cresemba, Astellas Pharma US Inc.) for the treatment of invasive mucormycotic (IM) and invasive aspergillosis (IA) in children. Such a high volume of product approvals is expected to accelerate product adoption rates in the region, and this, in turn, is projected to accelerate regional market growth over the forecast period.
Moreover, a supportive research environment for the development of novel therapies and various grants and funding from government and non-government organizations are further supporting regional industry uptake. For instance, in October 2023, scientists of the College of Pharmacy at the University of Tennessee Health Science Center received a grant of USD 434,500 from the National Institute of Allergy and Infectious Diseases (NIAID) of National Institutes of Health (NIH) to support aspergillosis research.
In addition, in January 2023, scientists at the University of Calgary of Canada and McGill University provided novel insights on aspergillosis invasion into the lungs. Such growing research activities promise great interest in the aspergillosis treatment space, which, in turn, is projected to accelerate regional market growth over the forecast period.
Therefore, the above-mentioned factors, such as the growing disease burden, increasing product approvals, and growing research efforts in the region, are expected to drive the regional market’s growth over the forecast period.
Aspergillosis Treatment Industry Overview
The aspergillosis treatment market is semi-consolidated in nature due to the presence of several companies operating globally and regionally. The key players operating in the aspergillosis treatment market undertake several initiatives to foster their business avenues. Some of the key players operating in the market include Basilea Pharmaceutica Ltd, Astellas Pharma US Inc., Merck & Co. Inc., F2G, Novartis AG, Viatris Inc., Mayne Pharma Group Limited, PULMATRiX Inc., Pulmocide, BDR Pharmaceuticals Internationals Pvt. Ltd, and Pfizer Inc.
Aspergillosis Treatment Market Leaders
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Merck & Co., Inc
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Basilea Pharmaceutica Ltd
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Astellas Pharma US, Inc
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Novartis AG
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Pfizer Inc.
*Disclaimer: Major Players sorted in no particular order
Aspergillosis Treatment Market News
- April 2024: Pulmocide Ltd announced topline results from the OPERA-S study. This Phase 2 study evaluated the safety and tolerability of inhaled opelconazole monotherapy as prophylaxis against pulmonary aspergillosis in lung transplant patients.
- October 2023: BDR Pharmaceutical launched Zisavel, a generic antifungal agent for the treatment of mucormycosis and invasive aspergillosis. The newly launched drug belongs to the azole class of antifungals and is available in 100 mg capsules.
Aspergillosis Treatment Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Burden of Aspergillosis and Advancements In Medical Research
4.2.2 Rising Awareness for Diagnosis and Treatment of Fungal Diseases
4.3 Market Restraints
4.3.1 Limited Treatment Options
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Treatment Type
5.1.1 Allergic Aspergillosis
5.1.2 Chronic Aspergillosis
5.1.3 Invasive Aspergillosis
5.2 By Drug Class
5.2.1 Antifungal Agents
5.2.2 Other Drug Classes
5.3 By Route of Administration
5.3.1 Oral Drugs
5.3.2 Ointments
5.3.3 Powders
5.3.4 Other Routes of Administration
5.4 By Distribution Channel
5.4.1 Hospital Pharmacy
5.4.2 Retail Pharmacy
5.4.3 Other Distribution Channels
5.5 By Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Mexico
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Italy
5.5.2.5 Spain
5.5.2.6 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 China
5.5.3.2 Japan
5.5.3.3 India
5.5.3.4 Australia
5.5.3.5 South Korea
5.5.3.6 Rest of Asia-Pacific
5.5.4 Middle East and Africa
5.5.4.1 GCC
5.5.4.2 South Africa
5.5.4.3 Rest of Middle East and Africa
5.5.5 South America
5.5.5.1 Brazil
5.5.5.2 Argentina
5.5.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Basilea Pharmaceutica Ltd
6.1.2 Astellas Pharma US Inc.
6.1.3 Merck & Co. Inc.
6.1.4 F2G
6.1.5 Novartis AG
6.1.6 Viatris Inc.
6.1.7 Mayne Pharma Group Limited
6.1.8 PULMATRiX Inc.
6.1.9 Pulmocide
6.1.10 BDR Pharmaceuticals Internationals Pvt. Ltd
6.1.11 Pfizer Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Aspergillosis Treatment Industry Segmentation
As per the scope of the report, aspergillosis treatment mainly consists of various antifungal agents and corticosteroids. Aspergillosis is a group of disorders caused by fungi known as Aspergillus. The conditions mainly affect people with compromised immune conditions.
The aspergillosis treatment market is segmented by type, drug class, route of administration, distribution channel, and geography. Based on type, the market is segmented as allergic aspergillosis, chronic aspergillosis, invasive aspergillosis, and aspergillomas. On the basis of drug class, the market is segmented into antifungal agents and other drug classes. Based on the route of administration, the market is segmented as oral drugs, ointments, powders, and other routes of administration. Based on distribution channel, the market is segmented as hospital pharmacy, retail pharmacy, and other distribution channels. The report also covers the market sizes and forecasts for the aspergillosis market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
By Treatment Type | |
Allergic Aspergillosis | |
Chronic Aspergillosis | |
Invasive Aspergillosis |
By Drug Class | |
Antifungal Agents | |
Other Drug Classes |
By Route of Administration | |
Oral Drugs | |
Ointments | |
Powders | |
Other Routes of Administration |
By Distribution Channel | |
Hospital Pharmacy | |
Retail Pharmacy | |
Other Distribution Channels |
By Geography | ||||||||
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Aspergillosis Treatment Market Research FAQs
How big is the Aspergillosis Treatment Market?
The Aspergillosis Treatment Market size is expected to reach USD 4.14 billion in 2024 and grow at a CAGR of 4.56% to reach USD 5.17 billion by 2029.
What is the current Aspergillosis Treatment Market size?
In 2024, the Aspergillosis Treatment Market size is expected to reach USD 4.14 billion.
Who are the key players in Aspergillosis Treatment Market?
Merck & Co., Inc, Basilea Pharmaceutica Ltd, Astellas Pharma US, Inc, Novartis AG and Pfizer Inc. are the major companies operating in the Aspergillosis Treatment Market.
Which is the fastest growing region in Aspergillosis Treatment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Aspergillosis Treatment Market?
In 2024, the North America accounts for the largest market share in Aspergillosis Treatment Market.
What years does this Aspergillosis Treatment Market cover, and what was the market size in 2023?
In 2023, the Aspergillosis Treatment Market size was estimated at USD 3.95 billion. The report covers the Aspergillosis Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aspergillosis Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Aspergillosis Treatment Industry Report
Statistics for the 2024 Aspergillosis Treatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aspergillosis Treatment analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.