Dermatology Drugs Market Forecast Growing Rapidly


Posted February 7, 2019 by aleemtbrc

The dermatology drugs market size is expected to reach $40 billion by 2022, significantly growing at a CAGR of around 5% during the forecast period.

 
The Business Research Company’s dermatology drugs global market report, covers the year-on-year growth of the global dermatology drugs market historic and forecast growth. It also includes chapters on the dermatology drugs market trends, geographical analysis, and competitive landscape.

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The dermatology drugs market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.

Dermatology Drugs Market Trends:

The dermatology drugs market consists of sales of dermatology drugs and related by entities (organizations, sole traders and partnerships) that produce dermatology drugs to treat skin diseases. This industry includes establishments that produce drugs to treat diseases such as rosacea, dermatitis, hyperhidrosis, androgenic alopecia, acne, microbial infections and other skin disorders.

Pharmaceutical companies are offering new drugs referred to as immune modulators for the treatment of skin diseases such as eczema. Eczema is a chronic skin condition caused by the lack of skin proteins that results in inflammation and irritation in the skin. These drugs are used to externally treat the skin without changing the immune system of the body. In addition, unlike topical steroids, these new medications do not cause thinning of the skin and breaking of superficial blood vessels. Tacrolimus (Protopic) and Pimecrolimus (Elidel) are major drugs available for the treatment of eczema.

The global dermatology drugs market is primarily driven by increase in the number of indications treated by topical drugs coupled with increase in acne and rosacea patients.

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The global dermatology drugs market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

Due to approval of large number of drugs by the Food and Drug Administration and other regulatory bodies to cure increased skin conditions and disorders, the scope and potential for the global dermatology drugs market is expected to significantly rise in the forecast period. TBRC’s report also covers the dermatology drugs drivers and restraints in the market.

The global dermatology drugs market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global dermatology drugs market report are Johnson & Johnson, Allergan Plc, Galderma S.A, Novartis AG, and GlaxoSmithKline Plc.

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Issued By Aleemuddin
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Business Address The Business Research Company,
www.thebusinessresearchcompany.com,
Country United Kingdom
Categories Business , Industry , Medical
Tags global dermatology market
Last Updated February 7, 2019