North America Onychomycosis Market Size & Outlook
North America onychomycosis market, 2018-2030 (US$M)
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North America onychomycosis market highlights
- The North America onychomycosis market generated a revenue of USD 1,440.9 million in 2023.
- The market is expected to grow at a CAGR of 4.1% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,440.9 million |
| Market revenue in 2030 | USD 1,915.1 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Topical |
| Fastest growing segment | Topical |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Topical |
| Key market players worldwide | GSK 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, North America region accounted for 40.9% of the global onychomycosis 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 1,201.0 million by 2030.
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Onychomycosis Market Scope
Onychomycosis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 North America onychomycosis market based on oral, topical covering the revenue growth of each sub-segment from 2018 to 2030.
The increase in the prevalence of onychomycosis disease in the region is one of the key factors driving the demand for onychomycosis products in North America. The article published by the American Academy of Family Physicians in October 2021 estimated that the prevalence of onychomycosis in North America is up to 13.8% in adults.
Thus, the rising prevalence of onychomycosis is expected to boost market growth in North America. Moreover, companies operating in the region are expanding their presence in North America. For instance, in July 2022, ToeFX, a startup that offers treatment for nail fungus, expanded its presence in Canada by offering its solutions to over 100 clinics in Canada.
ToeFX provides a novel therapy, ClearToe Therapy, for onychomycosis. Around 30 clinics in Canada adopted this therapy within the first quarter of its launch in the market. Thus, the availability of novel treatments coupled with the rising adoption of such therapies and drugs is expected to boost regional expansion over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America onychomycosis market , including forecasts for subscribers. This continent databook contains high-level insights into North America onychomycosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America onychomycosis market size, by country, 2018-2030 (US$M)
North America Onychomycosis Market Outlook Share, 2023 & 2030 (US$M)
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