DUBAI, U.A.E, July 7, 2020
DUBAI, U.A.E, July 7, 2020 /PRNewswire/ -- Future Market Insight's latest report on the vaginitis treatment drugs market establishes that growth is anticipated to be positive, registering a CAGR of 5% between 2020 and 2030.
It has been discovered that vaginal infections plague two-fifths of the women population across the world. Vaginitis can lead to serious complications and risks such as miscarriage, pre-mature births and HIV-AIDS if left untreated. Other diseases such as gonorrhea, chlamydia and papillomavirus are also known to occur as potential complications. A key problem in detecting vaginitis is that a majority of the patients are asymptomatic. This leads to difficulties in prescribing appropriate medications.
The abovementioned trends have therefore made it a top priority for healthcare players to accelerate research in the detection, diagnosis and treatment of vaginitis infections. One of these approaches is developing appropriate drug formulations, which have witnessed a major upsurge in the past few years. Constant innovations in treatment are being discovered, placing the market on a higher pedestal in the forecast period.
"The vaginitis treatment drugs market is slated to remain positive, with manufacturers concentrating on introducing non-antibiotic drugs as a long-term treatment solution in the wake of a high infection recurrence rate. Players are introducing single-dose and over-the-counter drugs which provide cost effective treatment," infers an FMI analyst.
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Key Takeaways from FMI's Vaginitis Treatment Drugs Report
Vaginitis Treatment Drugs Market- Key Trends
Vaginitis Treatment Drugs Market- Region-wise Analysis
Vaginitis Treatment Drugs Market- Competitive Landscape
The vaginitis treatment drugs market is experiencing an influx of novel drugs. A number of clinical trials, drug development projects, establishment of distribution channels and e-commerce platforms are being witnessed. The market is highly consolidated, with over 25 players capturing a major chunk of the market.
The market players are incorporating nitro imidazole, tinidazole and metronidazole compounds in their formulations to manufacture vaginitis drugs. They are also concentration on strategic collaborations to introduce new drugs, such as the one between Basilea Pharmaceutica Ltd and Pfizer Inc in December 2017. The two giants collaborated to develop and commercialize Cresemba, an isavuconazole-based drug in the Asia-Pacific region.
Recently, Plush Care collaborated with Lupin Pharmaceuticals to facilitate bacterial vaginosis treatment through the former's virtual care platform. This enables patients to virtually seek appointments with doctors, discuss the symptoms and get prescribed for lab testing.
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Vaginitis Treatment Drugs Market Taxonomy
Route of Administration
Schedule of Drug
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More Insights on the Vaginitis Treatment Drugs Market
Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global Vaginitis Treatment Drugs Market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on Vaginitis Treatment Drugs Market on basis of drug type (nitroimidazole compound, lincosamide antibiotics, triazoles, imidazoles), indication (bacterial vaginitis, fungal vaginitis (yeast infection), trichomoniasis), route of administration (oral, cutaneous, vaginal), schedule of drug (prescription drugs (Rx), over-the-counter drugs (OTC)) distribution channels (hospital pharmacies, retail pharmacies, drug stores, mail order pharmacies) across seven major regions.
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