Atopic dermatitis is persistent skin disease that affects large number of world’s population. It is an allergic hypersensitivity that is associated with inhalant allergies, and a chronic dermatitis. Commonly, atopic dermatitis is a hereditary component. It is diagnosed by appearance and distribution of rashes on the person’s body with the history of asthma. Atopic dermatitis is a non-contagious disease and can be identified by the swelling and redness on the skin. Atopic dermatitis occurs in all age groups but majorly affects infants and young children. Atopic dermatitis treatment involves the use of oral antibiotics, steroid pills, photo therapy, biological treatments like monoclonal antibody, and in some cases dietary changes that can cause food allergy.
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Recently, various new drugs developed are referred as immune modulators. For instance, Dupilumab (Duxipent) was recently approved by the FDA for the treatment of severe atopic dermatitis in adults. It is an anti-IL-4 antibody that is injected in the patient’s body and has shown promising result in controlling atopic dermatitis. Hence, continuous new product development for treating atopic dermatitis has created new pace in atopic dermatitis market.
The global atopic dermatitis market size is primarily driven by increasing focus of the manufacturers on developing new products and partnerships with other companies to enable quicker approval and marketing of their products. Moreover, large untapped market with large number of target population, and increased preference for a single drug that would be able to cure two or more atopic dermatitis would also influence the atopic dermatitis market during the forecast period.
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On the basis of geography, North America is expected to dominate the global atopic dermatitis market size over forecast period. The primary factors influencing growth of atopic dermatitis market size in this region are continuous new product development by the manufacturers, and mergers & acquisitions between manufacturers for covering the untapped market. While, Europe holds the second largest share in atopic dermatitis market size owing to improved medical infrastructure for treating atopic dermatitis.
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