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Scabies Treatment Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Scabies Treatment Market
Global scabies treatment market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024.
Market Outline: Scabies Treatment Market
Scabies is a contagious skin infection caused by Sarcoptes scabiei. Pimple like rashes and severe itchiness are the symptoms associated with scabies. The mode of transmission of scabies is skin-to-skin contact. The common site of infestation include armpits, around fingernails, inner elbow, in between fingers, and soles of feet among others. Scabies can be treated by antibiotics, antihistamines, and steroid creams.
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Market Dynamics: Scabies Treatment Market
Improper hygienic conditions and environmental factors are the key factor to increase the number of person affected to scabies. Moreover, low cost of drugs, increase in R&D for the innovation of newer drugs, rapid escalation of global population with poor hygienic, and increase in healthcare expenditure are anticipated to fuel the scabies treatment market. Moreover, homecare remedies for the scabies treatment and limited number of advanced therapeutics are expected to restrain the growth of scabies treatment market.
Market Scope: Scabies Treatment Market
Scabies treatment market is segmented on the basis of drug type, route of administration, and distribution channel
Based on the drug type, scabies treatment market is segmented into the following:
• Sulphur Ointment
• Benzyl Benzoate Lotion
• Lindane Lotion
• Crotamiton Cream
• Permethrin Cream
• Others
Based on the route of administration, scabies treatment market is segmented into the following:
• Oral
• Topical
Based on the distribution channel, scabies treatment market is segmented into the following:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
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Regional Analysis: Scabies Treatment Market
Geographically, global scabies treatment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America scabies treatment market has a lucrative growth attributed to increase in the R&D for innovation of newer drugs, rise in healthcare expenditure, and grow in preference for health concerns are expected to boost the market. Europe scabies treatment market is grow at healthy CAGR due to increased investments in R&D for the innovation of newer drugs, better availability of products, and rise in disposable income. Asia pacific scabies treatment market is expected increase revenue due to increase in population with unhygienic condition, expansion of business by market players, and adoption of newer drugs over the forecast years.
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Competition Assessment: Scabies Treatment Market
Some of the players in the global scabies treatment market include:
• Merck & Co. Inc. (U.S.)
• Renaissance Pharma, Inc. (U.S.)
• Sun Pharmaceutical Industries Ltd. (India)
• GlaxoSmithKline plc (U.K.)
• Unichem Laboratories Ltd. (India)
• Zydus Cadila (India)
• Prestium Pharma, Inc. (U.S.)
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