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Market Analysis: Global Vitiligo Treatment Market
Vitiligo treatment market is expected to grow at a healthy CAGR in the forecast period of 2019-2026. Growing incidence ocular surface injuries as it can contribute to the neurotrophic keratitis and development of advanced therapies and treatment are the key factors for market growth
Market Definition: Global Vitiligo Treatment Market
Vitiligo is lifelong dermatology disorders characterized by depigmentation of the skin cause by the death or malfunctioning of the skin's pigment-making cells called melanocytes. As a result well-defined white patches appear on the skin. It tends to continue over time, causing larger areas of skin to lose pigment. It does not affect the physical health however, can limit social activities and have a negative impact on the quality of life.
According to the statistics published by U.S. Department of Health & Human Services, it is estimated about 0.5 to 1% of the population worldwide is suffering from vitiligo. High demand of novel treatment and huge investment on research and development are drivers for market growth.
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Market Drivers
Market Restraints
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Segmentation: Global Vitiligo Treatment Market
By Type
By Therapy
By Treatment Type
By Drugs
By Route of Administration
By End Users
By Distribution Channel
By Geography
Key Developments in the Market:
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Competitive Analysis:
Global Vitiligo treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global Vitiligo treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the Global Vitiligo treatment market are CLINUVEL PHARMACEUTICALS LTD, Clarify Medical, Inc, Incyte Corporation, Dr. Reddy’s Laboratories Ltd, Glenmark Pharmaceuticals Ltd, Teva Pharmaceutical Industries Ltd, Bausch Health, Novartis AG, Mylan N.V., Pfizer Inc, Strides Pharma Science Limited, Panacea Biotec Ltd, Belcher Pharmaceuticals, LCC, LEO Pharma A/S, Astellas Pharma Inc, and others.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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