Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 414.09 Million | USD 615.38 Million | 4.5% | 2023 |
According to the report published by Zion Market Research, the global Facial Erythema Treatment Market size was valued at USD 414.09 Million in 2023 and is predicted to reach USD 615.38 Million by the end of 2032. The market is expected to grow with a CAGR of 4.5% during the forecast period. The report analyzes the global Facial Erythema Treatment Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Facial Erythema Treatment industry.
Mostly, in the fair population facial erythema is seen. It is a condition where the face becomes red. The cause of this redness on the face is the dilation of the cutaneous blood vessels and the rise in the blood flow. In case of the dark skinned people, the facial erythema goes undiagnosed. Factors that cause the facial erythema, include the common skin diseases such as perioral dermatitis, rosacea, and systemic illness.
The US FDA has approved the Rhofade, Allergan (oxymetazoline hydrochloride 1% cream) for the cure of the persistent facial erythema which is generally associated with the rosacea. It is the first alpha1A adrenoceptor agonist that is approved by the FDA for the treatment of the persistent facial erythema.
The global market for the facial erythema treatment is fragmented into drug type, disease type, and distribution channel.
On the basis of the drug type, the global market is segregated into antihistamines, antibiotics, calcineurin inhibitors, emollients, antifungal, and corticosteroids.
On the basis of disease type, the market is categorized into papulopustular, ocular, erythematotelangiectatic, and phymatous.
On the basis of the distribution channel, the market is divided into online pharmacies, hospital pharmacies, retail pharmacies, and others.
The major factors that are contributing to the facial erythema treatment market are an increased rate of patient population, growing smoking population, increased consumption of the alcohol, changing climatic conditions, introduction to new products and the large pipeline of the drugs. Another factor that is contributing to the market growth is the technological developments that are made in this field. There are factors that are restraining the growth of the facial erythema treatment market which includes the growing generic competition and the regulations that are implemented on the approvals of the product.
Report Attributes | Report Details |
---|---|
Report Name | Facial Erythema Treatment Market |
Market Size in 2023 | USD 414.09 Million |
Market Forecast in 2032 | USD 615.38 Million |
Growth Rate | CAGR of 4.5% |
Number of Pages | 195 |
Key Companies Covered | Astellas Pharma Inc., Meda Pharmaceuticals, Pfizer Inc., Sanofi S.A., Valeant Pharmaceuticals International, Inc., Anacor Pharmaceuticals Inc., Galderma S.A., Novartis International AG, and Regeneron Pharmaceuticals Inc |
Segments Covered | By drug type, By disease type, By distribution channel and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, 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 |
The geographical diversification of the global facial erythema treatment market includes the Western European, Eastern Europe, Latin America, Middle East and Africa, and North America regions. The region that dominates the facial erythema treatment market is North America due to the factors such as the adoption of the treatments, the changing lifestyles of the people, and the increased number of fair population triggers the growth of the market in this region.
The region that holds the second place is Europe and the factors that support this growth are the increasing consumption of the alcohol and the rise in the research and development activities. In the Asia Pacific region, the factors that support the growth of the market are changing lifestyle, increase in the growth of the population, the large influence of the Western lifestyle, a large pool of targeted patients, and the increase in the research and development activities.
The key market players that are involved in the facial erythema treatment market include :
By Disease type
By Distribution channel
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