The Pruritus Therapeutic by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).

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In recent years, The Business Research Company has reported a robust expansion in the pruritus therapeutic market size, projecting a compelling trajectory from $13.1 billion in 2024 to $14.2 billion in the same year, boasting a noteworthy compound annual growth rate (CAGR) of 8.4%. This remarkable growth during the historical period can be attributed to several pivotal factors, including the escalating prevalence of pruritus, advancements in research and development, a burgeoning aging population, healthcare infrastructure expansion, heightened patient awareness, and strategic collaborations.

Projections for the pruritus therapeutic market indicate a steadfast ascent, foreseeing a substantial surge to $19.7 billion by 2028, characterized by a commendable CAGR of 8.5%. This anticipated growth in the forecast period stems from ongoing research and innovation, the burgeoning influence of emerging markets, increased healthcare expenditure, the prevailing trend of personalized medicine, and regulatory support for groundbreaking innovations. Noteworthy trends in this period encompass the integration of telemedicine and digital health, technological strides, the prominence of telehealth and digital health solutions, the global regulatory landscape, and the ascent of biologics and immunomodulators, all underscored by patient-centric approaches.

The increasing incidences of skin disorders are significantly contributing to the growth of pruritus therapeutic. Skin conditions refer to dermatologic conditions or skin disorders such as acne, eczema, skin cancer, psoriasis, and vitiligo that affect the skin. Pruritus therapeutics are used as a part of treatment for various skin diseases as most skin disorders have pruritus as a predominant symptom. For instance, in April 2022, according to the American Academy of Dermatology Association, a US-based association for dermatology, melanoma is expected to claim the lives of 7,650 people in 2022, including 5,080 males and 2,570 women. Additionally, in January 2024, according to the American Cancer Society, a US-based voluntary organization, In the United States, a projected 97,610 new melanoma cases will be diagnosed in 2024, with about 58,120 in men and 39,490 in women. Therefore, the increasing incidences of skin disorders will drive the pruritus therapeutic market.

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The pruritus therapeutic market covered in this report is segmented –
1) By Type: Corticosteroids, Antihistamines, Local Anesthetics, Counterirritants, Immunosuppressant, Calcineurin Inhibitors, Others Types
2) By Disease Type: Atopic Dermatitis Or Eczema, Allergic Contact Dermatitis, Urticaria, Cutaneous T-Cell, Other Disease Types
3) By Application: External Use, Oral, Injection
4) By End Use: Hospitals, Clinics, Other Uses

A pivotal trend gaining prominence in the pruritus therapeutic market is product innovation. Leading companies in this domain are channeling their efforts towards the development of groundbreaking medications and treatments for pruritus and its related conditions. For instance, in August 2022, Maruho Co., Ltd., a distinguished Japanese pharmaceutical entity, unveiled a groundbreaking anti-IL-31 receptor— a humanized monoclonal antibody, Mitchga Subcutaneous Injection 60 mg Syringes. This novel therapeutic endeavor specifically targets the alleviation of itching associated with atopic dermatitis, marking a significant milestone as the first antibody drug inhibiting IL-31 signaling. IL-31, a neuroimmune cytokine intricately linked to pruritus and skin inflammation in the progression of atopic dermatitis, is effectively restrained by this innovative substance. The antibody impedes IL-31 binding to its receptor, offering relief from itchiness and mitigating skin inflammation associated with atopic dermatitis. This transformative development exemplifies the dynamic landscape of pruritus therapeutic advancements, paving the way for enhanced patient care and well-being.
The pruritus therapeutic market report table of contents includes:
1. Executive Summary
2. Pruritus Therapeutic Market Characteristics
3. Pruritus Therapeutic Market Trends And Strategies
4. Pruritus Therapeutic Market - Macro Economic Scenario
5. Global Pruritus Therapeutic Market Size and Growth

.....

31. Global Pruritus Therapeutic Market Competitive Benchmarking
32. Global Pruritus Therapeutic Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Pruritus Therapeutic Market
34. Pruritus Therapeutic Market Future Outlook and Potential Analysis
35. Appendix

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