India Onychomycosis Market Size & Outlook, 2023-2030

The onychomycosis market in India is expected to reach a projected revenue of US$ 208.3 million by 2030. A compound annual growth rate of 7.4% is expected of India onychomycosis market from 2024 to 2030.
Revenue, 2023 (US$M)
$126.8
Forecast, 2030 (US$M)
$208.3
CAGR, 2024 - 2030
7.3%
Report Coverage
India

India onychomycosis market highlights

  • The India onychomycosis market generated a revenue of USD 126.8 million in 2023 and is expected to reach USD 208.3 million by 2030.
  • The India market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
  • In terms of segment, topical was the largest revenue generating treatment in 2023.
  • Topical is the most lucrative treatment segment registering the fastest growth during the forecast period.


Onychomycosis market data book summary

Market revenue in 2023USD 126.8 million
Market revenue in 2030USD 208.3 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentTopical
Fastest growing segmentTopical
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOral, Topical
Key market players worldwideGSK PLC, Abbott Laboratories, Pfizer Inc, Bausch Health Companies Inc, Bayer AG, Teva Pharmaceutical Industries Ltd, Cipla Ltd DR, Merck & Co Inc, Novartis AG ADR, Sun Pharmaceutical Industries


Other key industry trends

  • In terms of revenue, India accounted for 3.6% of the global onychomycosis market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China onychomycosis market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 374.0 million by 2030.

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Onychomycosis Market Companies

Name Profile # Employees HQ Website

India onychomycosis market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to onychomycosis market will help companies and investors design strategic landscapes.


Topical was the largest segment with a revenue share of 57.65% in 2023. Horizon Databook has segmented the India onychomycosis market based on oral, topical covering the revenue growth of each sub-segment from 2018 to 2030.


India is one of the lucrative markets for onychomycosis owing to its large patient pool, increasing awareness among people, and rising focus of industry players on the market in the country.

Moreover, the increasing prevalence of target diseases and associated health conditions is supporting the market growth. According to a study published by Scientific Reports in February 2023, the International Diabetes Federation (IDF) estimated diabetes prevalence in India at 9.6% in 2021 and is projected to increase to 10.4% by 2030.

Furthermore, regulatory bodies and authorities operating in the country are constantly focusing on developing novel onychomycosis treatments and drugs. For instance, in April 2023, the Nail Society of India provided recommendations for pharmacologic therapy of onychomycosis.

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  • Our clientele includes a mix of onychomycosis market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the India onychomycosis market , including forecasts for subscribers. This country databook contains high-level insights into India onychomycosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India onychomycosis market size, by treatment, 2018-2030 (US$M)

India Onychomycosis Market Outlook Share, 2023 & 2030 (US$M)

India onychomycosis market size, by treatment, 2018-2030 (US$M)

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