Global Pruritus Drug Market Set to Grow at Healthy CAGR forecast by 2026 with Top Key players

Posted November 8, 2019 by ganesha

Pruritus is referring to the severe itching associated with number of dermatological disorders including xerotic eczema, atopic dermatitis, and allergic contact dermatitis.

Global Pruritus Drug Market By Types (Chronic Kidney Disease associated Pruritus, Chronic Liver Disease associated Pruritus, Atopic Dermatitis Associated Pruritus and Others), Drugs (Corticosteroids, Antihistamines, Counterirritants and Others), Route of Administration (Injectable, Topical, Oral), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retailers and Others)
Market Definition: Global Pruritus Drug Market
Pruritus is referring to the severe itching associated with number of dermatological disorders including xerotic eczema, atopic dermatitis, and allergic contact dermatitis. It is typically an unpleasant sensation that elicits a desire to scratch vigorously and it is greatly altered by psychological and CNS factors.
According to the statistics published in U.S. Department of Health and Human Services, it was estimated approximately 10 to 25% people were affected with pruritus worldwide. Huge financial support from the government and increase in strategic alliances between the companies are key factors for market growth
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Market Drivers
• Increase prevalence of pruritus worldwide is driving the market growth
• Increase special designation from the regulatory authorities is boosting the market growth
• High specific demand of novel treatment is accelerating the market growth
• Huge financial support to the researchers for developing novel intervention is enhancing the market growth
Market Restraints
• Effective treatment is eithers unavailable or unaffordable is restraining the market growth
• Patent expiration of branded drugs and introduction of generic version is hindering the market growth
• Lack of trained personnel and stringent safety regulations is hampering the market growth
Market Analysis: Global Pruritus Drug Market
Global pruritus drug market is growing at a substantial CAGR in the forecast period of 2019-2026. Increasing research and development expenses and high demand of novel therapies are some factors fueling the market growth
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Segmentation: Global Pruritus Drug Market
By Indication
• Chronic Kidney Disease associated Pruritus
• Chronic Liver Disease associated Pruritus
• Atopic Dermatitis Associated Pruritus
• Others
By Drugs
• Corticosteroids
• Antihistamines
• Counterirritants
• Others
By Routes of Administration
• Injectable
• Topical
By End Users
• Hospitals
• Homecare
• Specialty Clinics
• Others
By Distribution Channel
• Hospital Pharmacy
• Online Pharmacy
• Retailers
• Others
Competitive Analysis:
Global pruritus drug 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 pruritus drug market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Last Updated November 8, 2019