Middle East & Africa Antifungal Drugs Market Size & Outlook
The antifungal drugs market in Middle East & Africa is expected to reach a projected revenue of US$ 1,292.6 million by 2030. A compound annual growth rate of 4.7% is expected of Middle East & Africa antifungal drugs market from 2024 to 2030.
Revenue, 2023 (US$M)
$940.3
Forecast, 2030 (US$M)
$1,292.6
CAGR, 2024 - 2030
4.7%
Report Coverage
Middle East & Africa
Middle East & Africa antifungal drugs market, 2018-2030 (US$M)
Related Markets
MEA antifungal drugs market highlights
- The MEA antifungal drugs market generated a revenue of USD 940.3 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, azoles was the largest revenue generating drug class in 2023.
- Echinocandins is the most lucrative drug class segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 940.3 million |
| Market revenue in 2030 | USD 1,292.6 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Azoles |
| Fastest growing segment | Echinocandins |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Azoles, Echinocandins, Polyenes, Allylamines |
| Key market players worldwide | Novartis AG ADR, Pfizer Inc, Bayer AG, Sanofi SA, Merck KGaA, Merck & Co Inc, GlaxoSmithKline, Abbott Laboratories, Enzon Pharmaceuticals Inc, Astellas Pharma Inc, Glenmark Pharmaceuticals |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.9% of the global antifungal drugs market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,985.7 million by 2030.
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Antifungal Drugs Market Scope
Antifungal drugs market segmentation & scope
Antifungal Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA antifungal drugs market size, by country, 2018-2030 (US$M)
Middle East & Africa Antifungal Drugs Market Outlook Share, 2023 & 2030 (US$M)
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