Global Onychomycosis Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Distal Subungual Onychomycosis , White Superficial Onychomycosis , Candida Onychomycosis , Proximal Subungual Onychomycosis, and Others.

By Treatment;

Drug Treatment, Topical Therapy, and Others.

By Distrubtion Channel;

Hospital Pharmacies, Retail Pharmacies, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn235681951 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Onychomycosis Market (USD Million), 2021 - 2031

In the year 2024, the Global Onychomycosis Market was valued at USD 8,187.91 million. The size of this market is expected to increase to USD 12,557.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

Onychomycosis, commonly known as toenail fungus, is a prevalent fungal infection affecting millions of people worldwide. It's characterized by the invasion of fungi in the nails, primarily toenails, leading to discoloration, thickening, and brittleness. The global onychomycosis market has witnessed substantial growth in recent years, driven by various factors such as the rising incidence of fungal nail infections, growing awareness about treatment options, and advancements in medical technology. Additionally, the aging population, who are more susceptible to onychomycosis due to weakened immune systems and slower nail growth, contributes significantly to the market's expansion.

The market for onychomycosis treatment is diverse, encompassing both pharmaceutical and non-pharmaceutical interventions. Pharmaceutical treatments include topical and oral antifungal medications, with oral therapies often considered more effective but requiring longer treatment durations. Non-pharmaceutical approaches include laser therapy and surgical nail removal, offering alternatives for patients with contraindications to medication or those seeking quicker results. The market's growth is further fueled by the increasing demand for efficient and safe treatment options, prompting pharmaceutical companies to invest in research and development for innovative therapies.

North America and Europe dominate the global onychomycosis market, primarily due to the higher prevalence of fungal nail infections in these regions and the availability of advanced healthcare infrastructure. However, Asia Pacific is expected to witness significant growth in the coming years, driven by factors such as improving healthcare access, rising disposable incomes, and a growing awareness of fungal infections. Moreover, strategic initiatives by market players, such as product launches, collaborations, and acquisitions, are anticipated to further propel market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Treatment
    3. Market Snapshot, By Distrubtion Channel
    4. Market Snapshot, By Region
  4. Global Onychomycosis Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of onychomycosis
        2. Growing awareness about fungal nail infections
        3. Advancements in treatment options
      2. Restraints
        1. High cost associated with treatment
        2. Side effects of existing medications
        3. Lack of effective preventive measures
      3. Opportunities
        1. Development of novel therapies
        2. Expansion of healthcare infrastructure in emerging markets
        3. Rising investments in research and development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Onychomycosis Market, By Type, 2021 - 2031 (USD Million)
      1. Distal Subungual Onychomycosis
      2. White Superficial Onychomycosis
      3. Candida Onychomycosis
      4. Proximal Subungual Onychomycosis
      5. Others
    2. Global Onychomycosis Market, By Treatment, 2021 - 2031 (USD Million)
      1. Drug Treatment
      2. Topical Therapy
      3. Others
    3. Global Onychomycosis Market, By Distrubtion Channel, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Others
    4. Global Onychomycosis Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Novartis AG
      2. Pfizer Inc.
      3. Valeant Pharmaceuticals International, Inc.
      4. Johnson & Johnson Services, Inc.
      5. Galderma S.A.
      6. Anacor Pharmaceuticals, Inc. (acquired by Pfizer)
      7. Moberg Pharma AB
      8. Mayne Pharma Group Limited
      9. Dr. Reddy's Laboratories Ltd.
      10. Amorepacific Corporation
  7. Analyst Views
  8. Future Outlook of the Market