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High Prevalence of Fungal Infections and Advancements in Topical and Systemic Antifungal Therapies Driving the South America Onychomycosis Market
The South America Onychomycosis Market is driven by the high prevalence of this chronic fungal nail infection, which is exacerbated by climatic conditions (warm, humid environments) and socio-economic factors that characterize the region, creating an ideal environment for fungal growth. Onychomycosis, caused primarily by dermatophytes, yeasts, and non-dermatophytic molds, is a significant public health concern in countries like Brazil, Argentina, and Colombia, impacting a large portion of the adult population. This widespread prevalence translates into substantial market demand for both diagnostic and therapeutic solutions. The diagnostic segment is characterized by traditional, low-cost methods like potassium hydroxide (KOH) microscopy and culture, but is slowly evolving toward more rapid, specific molecular diagnostics (e.g., PCR), though the high cost of these tests remains a significant barrier in many public healthcare settings. The market growth…