Pune, India -- (SBWIRE) -- 02/08/2018 -- Oral thrush (oral candidiasis) is a medical condition in which the fungus, Candida albicans, over-grows on the lining of the mouth. The global oral thrush (oral candidiasis) market is growing with the sound pace. According to a recent study report published by the Market Research Future, global Oral Thrush Market is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a sound growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).

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The major drivers will be the increasing prevalence of the invasive candidiasis, rising dental healthcare expenditures and growing awareness for the oral health. In 2017, according to the Centers for Disease Control and Prevention, around 46,000 cases of invasive candidiasis occur each year in the U.S. Moreover, according to the American Dental Association, the U.S. national dental expenditures rose from USD 114 billion in 2014 to USD 117.5 billion in 2015. It is estimated that the incidence of oral candidiasis increases with old age. Thus, the growing geriatric population will boost the market growth during the forecast period. Further, according to a report of the World Health Organization published in 2015, the geriatric population is expected to double and reach 2.1 billion by 2050. However, the market growth can be restricted by the low per capita healthcare expenditures within the middle and low income countries of the world. Alongside this, false diagnosis of the diseases also retrains the market growth during the forecast period.

Global Oral Thrush Market- Competitive Analysis

Pfizer Inc. is one of the major players of the global oral thrush market. The company is headquartered in the U.S. and shares a repute of a leading research-based biopharmaceutical company. The company's total revenue increased from USD 48,851 million in 2015 to USD 52,824 million in 2016. This was marked by the significant amount of its revenue being spent on the R&D. In 2016, the company spent 14.9% of its total revenue in research and development which made the company to improve its product portfolio and launch new product, strengthening its position in the market.

In August 2016, FDA approved Pfizer's TROXYCA ER extended-release capsules CII for pain management.

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In October 2016, Teva Pharmaceutical Industries Ltd. acquired Anda, Inc., a leading distributor of generic pharmaceuticals in the U.S., from Allergan plc.

In July 2017, Glenmark Pharmaceuticals was granted the final approval by the MHRA (Medicines and Healthcare products Regulatory Agency) for Maloff Protect which is an anti-malarial medication in the United Kingdom.

Bayer AG, Teva Pharmaceuticals, Stellar Pharma, Pfizer Inc., Wockhardt Ltd., Ranbaxy Laboratories Limited, Bristol Laboratories, Glenmark Pharmaceuticals, and GlaxoSmithKline Plc. are some of the prominent players at the forefront of competition in the global oral thrush market and are profiled in the MRFR Analysis.

Brief TOC

Report Prologue
Market Introduction
Research Methodology
Market Dynamics
Market Factor Analysis
Global Oral Thrush Market, by Types
Global Oral Thrush Market, by Diagnosis
Global Oral Thrush Market, by Treatment
Global Oral Thrush Market, by End User
Global Oral Thrush Market, by Region
Company Landscape
Company Profiles
MRFR Conclusion
Appendix

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