Micafungin Sodium Market Outlook By Product Overview, Application And Regions  2023

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Micafungin trade name Mycamine is an echinocandin antifungal drug used to treat and prevent invasive fungal infections including candidemia, abscesses and esophageal candidiasis. It inhibits the production of beta-1,3-glucan, an essential component of fungal cell walls. Micafungin is administered intravenously. It received final approval from the U.S. Food and Drug Administration on March 16, 2005, and gained approval in the European Union on April 25, 2008.

In 2013, Japan was the largest consumption place, with a consumption market share nearly 35.40%. In 2017, North America is the largest consumption place with the consumption market share of 28.98%.

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Astellas is the leader of the industry, and it holds key technologies and patents, with high-end customers; has been formed in the monopoly position in the industry.

Over the next five years, LPI Planet Market Reports projects that Micafungin Sodium for Injection will register a -4.6% CAGR in terms of revenue, reach US$ 290 million by 2023, from US$ 380 million in 2017.

In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Micafungin Sodium for Injection market for 2018-2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Micafungin Sodium for Injection market by product type, application, key manufacturers and key regions.

To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:

Segmentation by product type:

50 mg Single-use Vial
100 mg Single-use Vial

Segmentation by application:

Candidemia
Respiratory Mycosis
Gastrointestinal Mycosis

This report also splits the market by region:

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

Astellas

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Micafungin Sodium for Injection consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Micafungin Sodium for Injection market by identifying its various subsegments.
Focuses on the key global Micafungin Sodium for Injection manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Micafungin Sodium for Injection with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Micafungin Sodium for Injection submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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