Global Skin Diseases Treatment Market- Industry analysis

Posted by abhishek jadhav on February 1st, 2021

The Global Skin Diseases Treatment market was valued $xx Mn in 2019 and is expected to reach $xx Mn in 2027, at a CAGR of xx% during the forecast period.

Market Overview:

Skin Diseases Treatment or Dermatology is a fast-paced industry over the past decade owing to the rising prevalence of skin diseases. Various innovative therapies are being developed to combat skin diseases.

Various factors are contributing to the growth of the Skin Disease Treatment market, which includes demand for topical dermatological drugs. Also, rising awareness about various skin diseases coupled with rapid diagnosis techniques, surge in skin cancer prominently drive the market upwards. However, lack of awareness about drugs used in the treatment of skin diseases and stringent government regulations may restrain the market growth.
Development of innovative products and increase in the number of mergers and acquisitions by key vendors are expected to provide numerous opportunities for this market. Artificial or bioengineered skin substitutes have made revolutionary developments in skin disease treatment.

Regional Analysis:

Global Skin Diseases Treatment Market1

North America holds the most prominent market share for skin disease treatment and is expected to dominate throughout the forecast period. Following this trend, Europe is also expected to dominate the global skin disease treatment market in the upcoming years. Technological advances and the availability of the latest products and devices for skin disease treatment are the key factors that drive the demand of the market in these regions.
APAC is also expected to witness strong growth in upcoming years due to increasing awareness, massive population base and ongoing technological advancements. Growing medical tourism in countries like Thailand, India, Singapore, South Korea, and Malaysia has spurred the demand for skin disease treatment from countries around the world.

Market segmentation:

Global Skin Diseases market can be categorized based on product type, type of diseases and end-users.

By Product Type:

• Medicated creams and Ointments
• Antibiotics and Vitamins
• Steroids
• Laser Therapy
• Antifungals

By Type of Diseases:

• Autoimmune skin diseases
• Genetic skin diseases
• Allergic skin diseases
• Infectious Skin diseases
• Skin cancers

Segment analysis:

Global Skin Diseases Treatment Market

Autoimmune skin diseases segment grows remarkably owing to the development of new therapies, dermatological drugs are expected to add revenue in the autoimmune skin diseases treatment market. Autoimmune skin diseases treatment consists of drug a class act on autoimmune skin diseases which are a heterogeneous group of conditions clinically characterized by blisters and erosions on the skin and close-to-surface mucous membranes.

By End-Users:

• Dermatology clinics
• Skincare clinics
• Hospitals
• Aesthetic centres
Key players operating in the Global skin Diseases Treatment market:

• Pfizer Inc.
• Allergen Plc.
• Celgene Corporation
• Abbvie Inc.
• Eli Lilly and Company
• GlaxoSmithKline Plc.
• Galderma
• Incyte corporation
• Valeant Pharmaceuticals International Inc.
• Almirall S.A.
• Bayer AG
• Johnson & Johnson
• Novartis AG
• AstraZeneca
• Amgen Inc.
• Merck KGaA
• Cipher pharmaceuticals
• Janssen biotech
• Kaken Pharmaceuticals
• Regeneron pharmaceuticals Inc.

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