Dermatological Therapeutics Market - Growth, Trends, and Forecasts (2020 - 2025)

Dermatological Therapeutics Market - Growth, Trends, and Forecasts (2020 - 2025)

With rising number of elderly population, dermatology care is likely to receive particular attention. As people age, their risk of developing skin-related disorders increase, due to factors, such as changes in the connective tissue, reduction in the skin's strength and elasticity, and reduction in secretions from sebaceous glands. Skin conditions pose significant threat to patient’s well-being, mental health, ability to function, and social participation. The increasing incidence of dermatological diseases and increasing levels of awareness-related disease progression, etiology, and available therapies are leading to high growth of dermatological therapeutics.

Key Market Trends

Atopic Dermatitis Segment is Expected to Register Robust Growth

Atopic dermatitis is a widespread chronic inflammatory skin condition that can affect patients of all ages, and is the result of multiple environmental, immunological, genetic, and pharmacologic factors. The disease mostly flares up when the patient is around the things that cause allergic reactions. The malfunctioning in the immune system of the human body, due to asthma, is also a major causes for atopic dermatitis. Due to several lifestyle factors, the global burden of atopic dermatitis is increasing rapidly, which is, in turn, fueling the growth of the segment.

North America Dominates the Market, in Terms of Revenue, and Asia-Pacific is Expected to Register Rapid Growth

North America is expected to lead the global market. Increasing healthcare expenditure, awareness about skin diseases, and strong presence of pharmaceutical companies are anticipated to drive the growth of the market in North America. In the Asia-Pacific region, the ever-increasing pool of the patient population, increasing awareness, and increasing disposable incomes are expected to be pivotal to the robust market growth in the region.

Competitive Landscape

Many new players are emerging in this market, as a result of a number of growth opportunities. Forthcoming patent expiries of major drugs are leading to increased competition, and is further driving the market, especially in the generic sector. The overall dermatological diagnostics and therapeutics industry is forecast to witness tremendous growth, with several generic players controlling significant market share in the developing regions.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Burden of Dermatology Diseases
4.2.2 Increase in Awareness Levels of Disease Progression and Etiology
4.2.3 Increase in the Elderly Population
4.3 Market Restraints
4.3.1 Serious Side Effects for Certain Classes of Therapeutic Drugs
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1 By Application
5.1.1 Alopecia
5.1.2 Herpes
5.1.3 Psoriasis
5.1.4 Rosacea
5.1.5 Atopic Dermatitis
5.1.6 Other Applications
5.2 By Drug Class
5.2.1 Anti-infectives
5.2.2 Corticosteroids
5.2.3 Calcineurin Inhibitors
5.2.4 Retinoids
5.2.5 Other Drug Classes
5.3 Geography
5.3.1 North America United States Canada Mexico
5.3.2 Europe Germany United Kingdom France Italy Spain Rest of Europe
5.3.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
5.3.4 Middle-East & Africa GCC South Africa Rest of Middle-East & Africa
5.3.5 South America Brazil Argentina Rest of South America
6.1 Company Profiles
6.1.1 AbbVie Inc​
6.1.2 Allergan
6.1.3 Amgen Inc.
6.1.4 Almirall
6.1.5 Bausch Health Companies Inc.
6.1.6 Galderma
6.1.7 GlaxoSmithKline PLC
6.1.8 Johnson & Johnson
6.1.9 Novartis International AG
6.1.10 Pfizer Inc.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook