Tinea Pedis Treatment Market: Global Industry Analysis, Size, Share, Category, Growth, Trends, and Forecast 2017 - 2025

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Tinea Pedis Treatment Market: Global Industry Analysis, Size, Share, Category, Growth, Trends, and Forecast 2017 - 2025

Status : October, 2020 | Pharmaceutical | PPT format

Report Digest


Global Tinea Pedis Treatment Market: Snapshot

Athlete's foot known medically as tinea pedis, is a common skin infection of the feet caused by various kinds of fungi. Signs and symptoms often include itching, scaling, cracking and redness. In rare cases, the skin may blister. Athlete's foot fungus may infect any part of the foot, but most often grows between the toes. Apart from these areas, the fungus might develop at the bottom of the foot, under nails, on hands, and nearby skin areas.

Tinea pedis is a member of the group of diseases known as tinea, and is mainly caused by a number of different fungi.  Trichophyton, Epidermophyton, and Microsporum, are some of the major fungi types that may cause the tinea pedis ailment. The condition is typically acquired by coming into contact with infected skin or also with the fungi type mentioned above from the environment. Common places where the fungi can survive are around swimming pools and in locker rooms; they may also be spread from other animals. Usually diagnosis is made on the basis of signs and symptoms; however, it can be confirmed either by studying cultures or by observing hyphae using a microscope.

Some methods of prevention include avoiding walking barefoot in public showers, keeping toenails short, wearing clean shoes, and changing socks daily. When infected, the feet should be kept dry and clean, and wearing sandals or floaters may help. Treatment can either be carried out with antifungal medication applied to the skin such as clotrimazole. For persistent infections, medication such as terbinafine need to be administered through the oral cavity. The use of these medicines is typically recommended for four weeks.

Globally, athlete's foot affects about 15% of the population, and males are more often affected than females. It occurs most frequently in older children or younger adults. Historically, the disease is believed to have been a rare condition and was more frequent in the 1900s.

Global Tinea Pedis Treatment Market: Overview

The global market for tinea pedis treatment has expanded on account of the rising awareness about skin infections and diseases amongst people. Tinea pedis, or Athlete’s foot, is a skin infection of the feet that is caused by fungus, and it results in excessive itching around the affected area.  The discomfort caused by tinea pedis can become unbearable for the sufferers, and hence, it is important to initiate immediate treatment once the symptoms start showing. Fungus can be acquired from multiple sources including public showers, filth deposits, unclean shoes or socks, and by coming in direct contact with an affected person. For sportspersons and athletes, it is important to avoid infections to retain their performance, which contributes to the demand for tinea pedis treatment. On the contrary, sportspersons and athletes are the most prone to acquiring skin infections either due to excessive sweating or by using shared toiletries, towels, and other essentials. Hence, the global market for tinea pedis treatment has attracted commendable demand due to increased uptake of sports and strenuous activities.

The global market for tinea pedis treatment may be classified based on the following parameters: diseases type, drug class, route of administration, distribution channel, and region. It is important to analyze each of the aforementioned segments to get a wider purview of the market.

The report is a descriptive portrayal of the forces operating in the global market for tinea pedis treatment. In order to get a wider view of the market, the researchers of the report have analyzed the demographics of the possible consumers in the market.

Global Tinea Pedis Treatment Market: Trends and Opportunities

The dermatophyte fungus that causes tinea pedis grows under humid conditions, and hence, people living in the humid areas are at a greater risk of acquiring the infection. Governments across several regions have made ardent efforts to prevent the prevalence of tinea pedis which has propelled demand within the global market. Moreover, the contagious nature of the infection has led dermatologists to educate and inform patients about the importance of proper treatment. This has also contributed towards aiding the growth of the global market for tinea pedis treatment. The quest of certain countries to eliminate the possibility of fungal and microbial diseases has also propelled demand within the global market for tinea pedis. Despite the aforementioned drivers of demand, a number of countries are still far from devising ways to eliminate or treat fungal infections. Nevertheless, the research and development initiatives in the field of dermatology are expected to trickle down to the impoverished nations, which is expected to generate demand in these regions.

Global Tinea Pedis Treatment Market: Regional Outlook

The global market for tinea pedis is expected to be reigned by North America in terms of market share. The prominence of the research and development initiatives in North America is the primary reason behind the growth of the regional market. The European market is also expected to exhibit a trend of positive growth over the forthcoming years. 

Global Tinea Pedis Treatment Market: Competitive Landscape

Some of the leading players in the global market for tinea pedis are GSK, Viamet Pharmaceuticals Exeltis USA, and Valeant. All of these market players are expected to concentrate on key product innovations over the course of the next few years.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?