Global Atopic Dermatitis Treatment
Market Report
2024
Global Atopic Dermatitis Treatment Market size was USD 16.12 Billion in 2022. Atopic Dermatitis Treatment Industry's Compound Annual Growth Rate will be 15.60% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Atopic Dermatitis Treatment Market size was USD 16.12 Billion in 2022. Atopic Dermatitis Treatment Industry's Compound Annual Growth Rate will be 15.60% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Atopic Dermatitis Treatment Market Sales Revenue 2022 | $ 16.12 Billion |
Global Atopic Dermatitis Treatment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 15.6% |
Market Split by Drug Class |
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Market Split by Mode of Administration |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Atopic Dermatitis Treatment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Having a chronic condition called atopic dermatitis causes by red, itchy, swollen, and cracked skin. Treatment is necessary due to the possibility of white fluid leaking from the affected area. Typically starting in childhood, atopic dermatitis can worsen as one grows older. Several factors can cause atopic dermatitis, such as genetic abnormalities, environmental exposure, immune system dysfunction, and issues with skin permeability. Atopic dermatitis is more common overall, and as a result, the market for this condition is projected to experience significant growth thanks to ongoing advancements in drug development. The market is expected to expand due to the increasing demand for new biological and approved products, further driving the growth of the atopic dermatitis market.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the atopic dermatitis industry.
LEO Pharma A/S, a leading company in the field of medical dermatology on a global scale, launched AD Days around the World, an international initiative aimed at increasing awareness about atopic dermatitis (AD), which is the most common form of eczema. This campaign focuses on sharing the personal stories of individuals who are living with this condition.
The market for AD people using herbal medicine, natural ointment, and ultraviolet therapy is boosted by increased awareness. Also, medical institutions provide education on AD and its primary home treatment. Furthermore, extensive research is being conducted to find fast relief for the disease. All of these factors are driving the market forward. For example, World Atopic Eczema Day was established in to raise awareness of AD internationally among Europeans. The initiative was created by the European Federation of Allergy and Airway Patients' Associations (EFA) and the International Federation of Dermatology Patients' Associations (Skin International).
The FDA has approved Dupixent (dupilumab) for children between 6 months and 5 years who have moderate-to-severe atopic dermatitis that is not effectively managed with prescribed topical treatments or when those treatments are not recommended.
The growth of the global atopic dermatitis market is propelled by the introduction of biologics & small molecules, premium-priced drugs that are replacing generic first-line and second-line therapeutics, and improved diagnostics. The market's growth rate is expected to be accelerated by the increasing prevalence of skin allergies and chronic disorders. The severity of atopic dermatitis varies from patient to patient, and the treatment procedures are tailored to the severity level. The rising healthcare expenditure and the growing popularity of these treatment procedures through digital advertisements are accelerating the global atopic dermatitis market growth.
(Source:www.sanofi.com/en/media-room/press-releases/2022/2022-06-07-20-45-00-2458243)
In underdeveloped regions, there is a shortage of qualified healthcare professionals. This scarcity is mainly due to a lack of adequate training programs. As a result, healthcare facilities frequently require additional skilled doctors to meet the required level of care. One potential solution is for the government to offer various incentives to healthcare workers in public-sector hospitals and health centers. Some developed countries have tackled a similar problem by implementing reimbursement systems based on capitation and a pay-for-performance model. These approaches help balance the need to expand services and budget constraints.
The COVID-19 outbreak has caused more people to wash their hands frequently, resulting in dry and cracked skin that is more prone to infections in individuals with atopic dermatitis. Hand eczema has also increased due to repeated exposure to harsh soaps and hand sanitizers that strip the skin of natural oils. The pandemic has significantly impacted market growth during the peak stages of the COVID-19 crisis. However, with the easing of strict regulations on patient consultations at healthcare centers, the market is expected to experience growth in the forecast period.
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Market conditions for atopic dermatitis are quite competitive. There is a wide selection of atopic dermatitis service providers there, from major international corporations to specialized little enterprises. Globalization and technological development have increased rivalry among businesses to provide cutting-edge treatments for atopic dermatitis.
April 2021: AbbVie, a company that specializes in biopharmaceuticals and focuses on conducting research and developing new drugs, has announced that the U.S. Food and Drug Administration (FDA) has chosen to extend the assessment period for the supplemental New Drug Application (sNDA) of upadacitinib. This medication shows promise as a potential treatment for adults and adolescents suffering from moderate to severe atopic dermatitis.
March 2020: The FDA has approved Pfizer Inc.'s supplemental New Drug Application (sNDA) for EUCRISA (crisaborole) ointment, 2%, lowering the minimum age requirement for patients with mild-to-moderate atopic dermatitis (AD), also known as eczema, from 24 months to 3 months.
Top Companies Market Share in Atopic Dermatitis Treatment Industry: (In no particular order of Rank)
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According to Cognitive Market Research, The North American market for atopic dermatitis held a significant portion of the global market in 2022 . The driving factors behind this growth are introducing new products, early treatment adoption, and lifestyle changes. Recent studies have shown that 40% of Americans are affected by moderate to severe atopic dermatitis, leading to emotional distress and physical discomfort, pain, and sleep disturbances for around 16.8 million individuals in the United States. This condition manifests as itchy rashes and patches primarily around the neck, face, and eyes. Furthermore, 18% of Canadians also suffer from atopic dermatitis, a visible skin disease that negatively impacts their quality of life by causing depression, anxiety, and psychosocial problems. Health Canada has approved CIBINQO (abrocitinib) as a treatment option for atopic dermatitis patients aged 12 years and older. However, many Canadian individuals with atopic dermatitis seek peer support and require mental health resources.
The Asia Pacific atopic dermatitis market is expected to experience the highest global compound annual growth rate (CAGR) of 15.7% during the aforementioned forecast period. India is expected to record the highest CAGR during the period. The expansion in this area can be attributed to the unmet needs of patients, increased medical expenses and the availability of adequate medical care. The Indian Dermatology Expert Board Members have issued numerous guidelines for managing atopic dermatitis in India. The country offers advanced drugs and treatments for various skin diseases, including atopic dermatitis. Many hospitals in India have started adopting treatments for this condition as the number of affected individuals continues to rise, largely due to climate change. In China, the incidence of atopic dermatitis has rapidly increased over the past decade, particularly among individuals between the ages of 10 and 30 who require treatment for this condition.
The current report Scope analyzes Atopic Dermatitis Treatment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Atopic Dermatitis Treatment Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Atopic Dermatitis Treatment Industry growth. Atopic Dermatitis Treatment market has been segmented with the help of its Drug Class, Mode of Administration Distribution Channel, and others. Atopic Dermatitis Treatment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Biologics possess a notable clinical edge in comparison to conventional topical treatments as they specifically address the root inflammatory mechanisms of the ailment, rather than solely addressing the symptoms. These drugs have a high specificity level, giving them a competitive edge. Biologics are primarily prescribed for severe cases, usually as a second or third-line treatment, for patients who have not responded to previous systemic therapies. Growth in the biologic segment is driven by increased demand due to their high potential, increasing number of approved products and a strong line of biologics for atopic dermatitis. Nemolizumab is currently administered by GALDERMA LABORATORIES, L.P. It is a monoclonal antibody under investigation. For its potential use in the treatment of pruritus and atopic dermatitis.
The PDE4 market is projected to experience substantial growth during the forecast timeframe as a result of the wide range of products available. One such product is Eucrisa (crisaborole ointment, 2%), which is a recommended PDE4 inhibitor.
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The topical segment is predicted to dominate the global market for atopic dermatitis. It is projected to experience significant growth with a high compound annual growth rate (CAGR) of 14.7% during the forecast period. Topic treatments are offered in various forms, such as creams, ointments, lotions, and gels, and are known for effectively reducing inflammation, itching, and skin dryness. The increasing inclination of healthcare providers to prescribe topical medications for patients with atopic dermatitis is a key factor driving the growth of this segment.
According to Cognitive Market Research, The oral segment of the global atopic dermatitis market is forecasted to display a consistent compound annual growth rate (CAGR) in the foreseeable future. The expected progression of the oral segment indicates an increase in the usage of oral pills by healthcare providers to manage symptoms when the skin disease has advanced. Furthermore, at-home therapies often incorporate oral medication for moderate to severe atopic dermatitis cases.
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According to Cognitive Market Research, the global market was dominated by retail pharmacies in 2022, and it is projected to experience a substantial growth rate of 14.7% throughout the forecast period. Patients favor retail pharmacies due to their convenience and accessibility, a key driver of the segment's growth.
The hospital pharmacies segment held a substantial portion of the global atopic dermatitis market during the projected timeframe due to the increasing influx of patients to hospitals and their preference for obtaining medications from hospital pharmacies. Furthermore, the perception that hospital pharmacies are a reliable source for purchasing prescribed medications contributes to the growth of this segment.
Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
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The Global Atopic Dermatitis Treatment Market is witnessing significant growth in the near future.
In 2023, the PDE-4 Inhibitor segment accounted for noticeable share of global Atopic Dermatitis Treatment Market and is projected to experience significant growth in the near future.
The Topical segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Asana Biosciences , Pfizer Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Having a chronic condition called atopic dermatitis causes by red, itchy, swollen, and cracked skin. Treatment is necessary due to the possibility of white fluid leaking from the affected area. Typically starting in childhood, atopic dermatitis can worsen as one grows older.
Cognitive Market Research noticed that the demand for atopic dermatitis treatment in a variety of industries including hospitals and clinics specialty dermatology clinics and pharmacies is the primary driver of significant growth in the global Atopic Dermatitis Treatment market
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Disclaimer:
Drug Class | PDE-4 Inhibitor, Corticosteroids, Others, Biologics, Calcineurin Inhibitors |
Mode of Administration | Topical, Injectable, Oral |
Distribution Channel | Hospital Pharmacies, Retail Pharmacies, Online Pharmacies |
List of Competitors | Asana Biosciences, Arcutis Biotherapeutics, Pfizer Inc., Dermavant, Sanofi SA, Astellas Pharma Inc, Eli Lilly, AbbVie Inc, Regeneron Pharmaceuticals Inc, Otsuka Holdings Co. Ltd, Bayer AG, Leo Pharma, Galderma, Novartis International AG, Incyte, Bristol-Myers Squibb, Viatris |
This chapter will help you gain GLOBAL Market Analysis of Atopic Dermatitis Treatment. Further deep in this chapter, you will be able to review Global Atopic Dermatitis Treatment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Drug Class Analysis 2019 -2031, will provide market size split by Drug Class. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Drug Class Analysis 2019 -2031
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Chapter 11 Market Split by Mode of Administration Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Atopic Dermatitis Treatment market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why PDE-4 Inhibitor have a significant impact on Atopic Dermatitis Treatment market? |
What are the key factors affecting the PDE-4 Inhibitor and Corticosteroids of Atopic Dermatitis Treatment Market? |
What is the CAGR/Growth Rate of Topical during the forecast period? |
By type, which segment accounted for largest share of the global Atopic Dermatitis Treatment Market? |
Which region is expected to dominate the global Atopic Dermatitis Treatment Market within the forecast period? |
Segmentation Level Customization |
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