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Global Atopic Dermatitis Drugs Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
Atopic dermatitis is a chronic inflammatory skin disease occurs from a complex connection between environmental, immunologic, genetic, and pharmacologic factors. Atopic dermatitis is also known as atopic eczema, which is identified by pruritus (an unpleasant sensation that evokes the desire to scratch), scratching, redness, scaling, and loss of the skin surface. Atopic dermatitis is considered to be the first indication of other common atopic diseases, like allergic rhinitis, and asthma, this event is also known as the atopic march. It is one of the most common skin diseases, around the world, where different cases ranging from 10–20% in children, and 1–3% in adults has been noticed. The key goals of disease management in atopic dermatitis involve avoiding the triggering of disease, different measures to be taken to restore skin barrier function and the use of anti-inflammatory drugs. Treatment or measures taken to avoid contracting atopic dermatitis disease are, avoid using soap & other irritants, and certain creams & ointments which will provide relief from the itching as well rashes. Global atopic dermatitis drugs market accounted 4.4 USD billion in 2020 and is expected to reach 6.8 USD billion by 2030 growing with a CAGR of 4.5% during the forecast period.
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Market Dynamics and Factors:
Launch of more biologics & small molecules, premium-priced drugs replacing generic first-line and second-line therapeutics, growing incidence of AD, and improved diagnostics are driving the growth of the atopic dermatitis drugs market. Rise in awareness regarding the availability of treatments for the disease has helped the market to emerge over the past few years. The anticipated launch of the first biologic drug like Sanofi/Regeneron’s dupilumab for the treatment of moderate to severe disease will further boost the atopic dermatitis drugs market. The High cost of therapeutics is one of the restraints in the growth of the atopic dermatitis drugs market. However, affordable healthcare measures are being incorporated across all major regions, and change in pricing strategies of companies as well as reimbursement scenario is expected to show growth in the atopic dermatitis drugs market.
Market Segmentation :
Global Atopic Dermatitis Drugs Market – By Therapy
Photo Therapy
Directed Therapy
Global Atopic Dermatitis Drugs Market – By Route of Administration
Injectable
Oral
Topical
Global Atopic Dermatitis Drugs Market – By End-User
Hospitals
Clinics
Research Labs
Global Atopic Dermatitis Drugs Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
Among the major markets, Latin America has dominated the global arena in 2016. The U.S. market is anticipated to register healthy CAGR during the forecast period. Also Increase incidence of atopic dermatitis, rising treatment rate, and inflated drug prices are some of the key factors for increasing revenue generation in the country. Japan is projected to register the highest CAGR during the same period. Countries such as the U.K. and Spain are expected to hold prominent positions in the global atopic dermatitis drugs market throughout the forecast period.
Competitive Scenario:
The major market players in the global atopic dermatitis drugs market are Meda Pharmaceuticals, Leo Pharma, Valent Pharmaceutical Inc., Encore Dermatology, and Bayer Ag.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Atopic Dermatitis Drugs industry, although key threats, opportunities and disruptive technologies that could shape the Global Atopic Dermatitis Drugs Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Atopic Dermatitis Drugs Market most.
The data analysis present in the Global Atopic Dermatitis Drugs Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Atopic Dermatitis Drugs Market business.
The 2021 Annual Global Atopic Dermatitis Drugs Market offers:
100+ charts exploring and analysing the Global Atopic Dermatitis Drugs Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Atopic Dermatitis Drugs Market type
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