Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.19 Billion | USD 32.50 Billion | 8.94% | 2023 |
The global atopic dermatitis drugs market size was worth around USD 15.19 billion in 2023 and is predicted to grow to around USD 32.50 billion by 2032 with a compound annual growth rate (CAGR) of roughly 8.94% between 2024 and 2032.
The report offers a valuation and analysis of the atopic dermatitis drugs market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data.
Atopic dermatitis is a common, serious, and inflammatory skin disorders that largely affect the child population. The inflammatory skin conditions include psoriasis, tinea, erythroderma, and dermatitis. According to NCBI, atopic dermatitis affects nearly twenty percent of children and ten percent of adults in developed nations. For the record, atopic dermatitis affects nearly 13% of children and 10% of adults in the U.S. Furthermore, the patients and their families have felt a large impact on the quality of life as a well fiscal burden.
The clinical characteristics of atopic dermatitis include excoriations, crusting, erythema, oozing, lichenification, and edema. Additionally, pruritus is the major property of atopic dermatitis and produces comorbidities like mental distress and sleep loss, thereby creating a huge affliction to parents as well as patients. Reportedly, genetic aspects and ecological factors strongly impact atopic dermatitis.
Additionally, there is a large occurrence of the disorder in emerging nations. The disease exemplifies massive heterogeneity in the medical severity, disease phenotype, persistence, response to the treatment, and persistence. The key goals of treating the disease through drugs are to reduce inflammation of the skin as well as pruritus and flare prevention.
Market Growth Dynamics
New concepts in disease pathogenesis have prompted research & development activities for creating novel medicines to treat disease. Additionally, a large spectrum of medicines is utilized for treating skin disease and they include steroids, moisturizing creams, and calcineurin inhibitors. All these beneficial aspects are anticipated to drive the growth of the atopic dermatitis drugs market over the forecast timeline.
Apart from this, the introduction of biologic medicines has helped treat atopic dermatitis. Additionally, new biologic drugs including dupilumab and crisaborole are also used for treating atopic dermatitis. Reportedly, the former drug was first approved for treating atopic dermatitis in adults across regions such as Japan, North America, and Europe.
For the record, dupilumab is the only biologic medicine approved by the European Medicines Agency and the U.S. Food and Drug Administration for treating adult subjects. Moreover, biological medicines can treat adult patients as these drugs provide convenient dose schedules and assist in effective lab monitoring as compared to other forms of systemic treatments along with reduced side effects. All these factors are anticipated to bring a paradigm shift in the atopic dermatitis drugs industry over the forthcoming years.
Report Attributes | Report Details |
---|---|
Report Name | Atopic Dermatitis Drugs Market |
Market Size in 2023 | USD 15.19 Billion |
Market Forecast in 2032 | USD 32.50 Billion |
Growth Rate | CAGR of 8.94% |
Number of Pages | 235 |
Key Companies Covered | Meda Pharmaceuticals, Bayer AG, Encore Dermatology, Leo Pharma, Valent Pharmaceutical Inc., and others. |
Segments Covered | By Therapy, By Route of Administration, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Atopic Dermatitis Drugs Market: Regional Analysis
The growth of the regional market over the forecast period is subject to a surge in the incidences of atopic dermatitis in children along with a rise in the frequency of skin allergies in the adult population in countries like the U.S. Apparently, the launching of new drugs in the foreseeable future will further enlarge the business scope over the ensuing years.
The global atopic dermatitis drugs market is dominated by players like:
The global atopic dermatitis drugs market is segmented as follows:
By Therapy
By Route of Administration
By End-User
By Region
FrequentlyAsked Questions
Atopic dermatitis drugs are medications used to manage the symptoms of atopic dermatitis, also known as eczema. They can help reduce inflammation, itching, and flare-ups.
According to a study, the global atopic dermatitis drugs market size was worth around USD 15.19 billion in 2023 and is expected to reach USD 32.50 billion by 2032.
The global atopic dermatitis drugs market is expected to grow at a CAGR of 8.94% during the forecast period.
North America is expected to dominate the atopic dermatitis drugs market over the forecast period.
Leading players in the global atopic dermatitis drugs market include Meda Pharmaceuticals, Bayer AG, Encore Dermatology, Leo Pharma, and Valent Pharmaceutical Inc., among others.
The atopic dermatitis drugs market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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