Market research reports, consulting: Global Market Insights Inc.

Tinea Pedis Treatment Market – Drug Class (Antifungals, Combination Drugs), Disease Type (Interdigital, Plantar), Route of Administration (Topical [Cream, Gel], Oral), Type (OTC, Prescription), Age Group, Distribution Channel, Global Forecast (2024 – 2032)

Report ID: GMI9143
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Published Date: April 2024
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Report Format: PDF

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Tinea Pedis Treatment Market Size

Tinea Pedis Treatment Market in 2023 was valued at USD 1.3 billion and is anticipated to experience remarkable growth at 4.3% CAGR between 2024 and 2032 driven by rising prevalence of athlete's foot worldwide that drives demand for effective treatments.
 

Tinea Pedis Treatment Market

Additionally, increased awareness and education about the condition and its treatments, facilitated by healthcare professionals and public health campaigns, contribute to higher demand. Further, innovations in treatment options, such as new antifungal drugs and advanced delivery methods, enhance the efficacy and convenience of treatment, further boosting market growth. Moreover, rising health and hygiene consciousness among consumers also leads to increased demand for tinea pedis treatments as people pay more attention to personal care and foot health. These factors collectively drive the expansion and evolution of the tinea pedis treatment market.
 

Tinea pedis, commonly known as athlete's foot, is a fungal infection of the skin on the feet. It is one of the most common types of fungal infections. The infection can occur on any part of the foot, but it most commonly affects the spaces between the toes, the soles, and the sides of the feet. Tinea pedis treatment refers to the management and therapeutic interventions aimed at alleviating and curing the tinea pedis. The treatment focuses on eradicating the fungal infection, relieving symptoms, and preventing recurrence.
 

Tinea Pedis Treatment Market Trends

  • Increasing prevalence of tinea pedis contributes significantly to the market growth.
     
  • Tinea pedis affects a significant portion of the population worldwide. For instance, according to an article published by National Institutes of Health in 2023, it is estimated that approximately 3% of world’s population have tinea pedis. The infection is particularly prevalent among individuals who frequently use communal areas such as gyms, locker rooms, and swimming pools, contributing to the market growth.
     
  • Additionally, the recurrent nature of the infection prompts ongoing demand for effective treatments and preventive measures, boosting market growth.
     
  • Furthermore, as awareness increases, there is a greater focus on preventive measures, such as proper foot hygiene and the use of antifungal powders, which can reduce the risk of developing the infection. This increased awareness of tinea pedis and its symptoms drives demand for treatments and preventive products.
     
  • Moreover, availability of a broad selection of OTC antifungal treatments, including creams, gels, sprays, powders, and lotions supports the growth of this market due to their easy accessibility and convenience.
     

Tinea Pedis Treatment Market Analysis

Tinea Pedis Treatment Market, By Drug Class, 2021 – 2032 (USD Billion)

Based on drug class, the market is segmented into antifungals and combination drugs. The antifungal segment dominated the global tinea pedis market with 75.7% of market share in 2023.
 

  • Antifungal medications hold the highest market share in the market primarily due to their proven efficacy in treating athlete's foot.
     
  • Additionally, their availability in a variety of formulations, including creams, gels, lotions, sprays, and powders further increases the adoption of antifungal drugs.
     
  • Further, antifungal medications, particularly topical forms, are generally safe and well-tolerated by most patients. They also provide quick symptom relief and preventive benefits which makes them primary choice for treating tinea pedis, thereby contributing to the growth of this segment.
     

Based on disease type, the tinea pedis treatment market is categorized into interdigital tinea pedis, plantar tinea pedis, vesicular tinea pedis, and acute ulcerative tinea pedis. In 2023, the interdigital segment dominated the global market and was valued at USD 811.2 million.
 

  • Interdigital tinea pedis affects the skin between the toes, leading to itching, redness, and sometimes, blistering, or peeling skin. Its high incidence, particularly among athletes and individuals who wear tight or poorly ventilated shoes, drives the demand for effective treatments.
     
  • Moreover, the risk of complications such as secondary bacterial infections and chronic infections leads to greater awareness and proactive treatment, further driving the demand for interdigital tinea pedis treatments.

 

Tinea Pedis Treatment Market, By Route of Administration (2023)

Based on route of administration, the tinea pedis treatment market is divided into topical and oral. The topical segment is further sub-divided into cream, gel, lotion, powder, and spray. The topical segment held majority of market share and is predicted to reach USD 1.2 billion by the end of analysis period.
 

  • Topical antifungal medications are widely available over-the-counter drugs (OTC) in pharmacies and retail stores, making them accessible to a large number of consumers. This ease of access allows individuals to obtain treatment quickly without needing a prescription.
     
  • These treatments are convenient and easy to use, encouraging patient adherence to treatment regimens. They also offer quick relief from symptoms such as itching, burning, and discomfort, leading to improved patient satisfaction.
     
  • Additionally, topical antifungals are generally safe and well-tolerated, with minimal risk of systemic side effects. Thus, these factors together contribute to the growth of topical segment in market.
     

Based on type, the tinea pedis treatment market is classified into OTC drugs and prescription drugs. The OTC drugs dominated the market with 58.9% of market share in 2023 and is anticipated to grow at CAGR of 4% from 2024 - 2032.
 

  • Over the counter (OTC) drugs accounted for significant market share in the market due to their accessibility, convenience, and affordability. They are available in pharmacies and online retailers, making them easy for consumers to obtain without a prescription.
     
  • Additionally, OTC drugs are available in variety of formulations including creams, gels, sprays, and powders. Furthermore, the growing awareness of tinea pedis and as well as a growing trend toward self-care, encourages individuals to seek OTC treatments as a first-line option for managing the condition. Such aforementioned factors propel the growth of this segment.
     

Based on age group, the tinea pedis treatment market is segmented into below 18 years, 19 - 35 years, 36 - 50 years, and 51 years and above. The 36 – 50 years segment accounted for USD 778.8 million in 2023.
 

  • High incidence of tinea pedis in this age group is because individuals in this age group are often highly active, engaging in sports and recreational activities.
     
  • Additionally, many individuals in this age group are in their peak working years and may wear closed-toe shoes for extended periods, creating warm and moist conditions conducive to fungal growth.
     
  • Moreover, as individuals age, they become more susceptible to chronic conditions, including recurrent tinea pedis. This increased vulnerability leads to a higher demand for treatments within this age group.
     

Based on distribution channel, the tinea pedis treatment market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment dominated the market in 2023 and is expected to showcase growth at 4.2% CAGR.
 

  • The hospital pharmacies allow access to prescription medications, which are necessary for severe or persistent cases that don't respond to over-the-counter treatments.
     
  • Additionally, these pharmacies offer a wider range of treatment options, including oral antifungals, and are trusted by patients due to their association with larger healthcare systems and the expertise of their staff.
     
  • Further, trust and convenience for patients, comprehensive services, and collaboration with healthcare providers boosts the growth of this segment.

 

North America Tinea Pedis Treatment Market, 2021 – 2032 (USD Million)

North America tinea pedis treatment market size was valued at USD 586.1 million in 2023 and is projected to reach USD 860.8 million by 2032.
 

  • The region experiences a high prevalence of tinea pedis, largely because of lifestyle factors such as active participation in sports and fitness activities. The frequent use of communal areas like gyms, locker rooms, and swimming pools increases exposure to athlete's foot and drives demand for treatment, fueling the regional growth.
     
  • Additionally, North America is a hub for pharmaceutical research and development, leading to continuous innovation in the field of antifungal treatments. This innovation ensures that the market is well-supplied with advanced and effective treatment options for tinea pedis. Thereby bolstering the growth of this region.
     

U.S. tinea pedis treatment market is anticipated to reach USD 781.4 million by the end of the forecast period.
 

  • The robust healthcare infrastructure in the U.S. supports early diagnosis and effective treatment of tinea pedis. With advanced medical facilities and a wide range of healthcare providers, patients can access quality care and receive appropriate treatments quickly.
     
  • U.S. consumers are generally health-conscious and aware of the importance of foot hygiene and preventive measures, which drives individuals to seek treatment for tinea pedis promptly. This heightened awareness contributes to the high demand for treatments and preventive products, further driving the growth of this market.
     

China tinea pedis treatment market is expected to significantly grow over the next coming years.
 

  • The country's large population, coupled with high prevalence rates of tinea pedis, contributes to the substantial market size.
     
  • Additionally, increasing awareness about foot hygiene and fungal infections, along with improving healthcare infrastructure, drives the demand for effective treatment options.
     
  • Further, the availability of a wide range of antifungal medications, both prescription and over the counter, further boosts market growth.
     

Germany tine pedis treatment market held significant market share in global tinea pedis treatment market.
 

  • Germany offers a diverse range of tinea pedis treatments, including over the counter (OTC) antifungal medications and prescription drugs. This variety allows consumers to choose the treatment that best suits their needs and preferences.
     
  • In addition, the combination of high prevalence, robust healthcare infrastructure, health awareness, aging population, innovation, regulatory support, and the rise of e-commerce all play crucial roles in driving market growth in the country.
     

Tinea Pedis Treatment Market Share

The tinea pedis treatment industry is a dynamic and competitive space with established pharmaceutical companies and emerging players vying for market share. Key factors in determining success include product efficacy, variety of offerings, brand reputation, strategic partnerships, and innovative research and development.
 

Tinea Pedis Treatment Market Companies

Prominent players operating in the tinea pedis treatment industry include:

  • Bausch Health Companies Inc.
  • Bayer AG
  • GlaxoSmithKline plc
  • Glenmark Pharmaceuticals Limited
  • Pfizer, Inc.
  • Sebela Pharmaceuticals Holdings Inc.
  • Smith & Nephew plc
  • Sun Pharmaceutical Industries Ltd
  • Teva Pharmaceutical Industries Limited
  • Viatris Inc.
     

Tinea Pedis Treatment Industry News:

  • In June 2022, Kerasal launched a new athlete's foot product line which features a unique formula with 5-in-1 benefits to treat and heal most athlete's foot. This product launch helped the company to strengthen their product portfolio and generate revenue.
     
  • In May 2022, Bayer launched a new and improved range of Canesten, their anti-fungal treatment solution in India. The launch of this new range of anti-fungal products helped the company to broaden its geographic reach and boost its revenue growth.
     

The tinea pedis treatment market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:

Market, By Drug Class

  • Antifungals
  • Combination drugs

Market, By Disease Type

  • Interdigital tinea pedis
  • Plantar tinea pedis
  • Vesicular tinea pedis
  • Acute ulcerative tinea pedis

Market, By Route of Administration

  • Topical
    • Cream
    • Gel
    • Lotion
    • Powder
    • Spray 
  • Oral

Market, By Type

  • OTC drugs
  • Prescription drugs

Market, By Age Group

  • Below 18 years
  • 19 - 35 years
  • 36 - 50 years
  • 51 years and above

Market, By Distribution Channel

  • Hospital pharmacies
  • Retail pharmacies
  • Online pharmacies

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada 
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa

 

Authors: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :
Why is the demand for antifungal tinea pedis treatment growing?
Tinea pedis treatment industry from the antifungal segment recorded 75.7% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to their proven efficacy in treating athlete's foot.
What is the value of the tinea pedis treatment industry?
How big is the North America tinea pedis treatment market?
Who are the key leaders in the tinea pedis treatment industry?
Tinea Pedis Treatment Market Scope
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    Base Year: 2023

    Companies covered: 10

    Tables & Figures: 449

    Countries covered: 22

    Pages: 260

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