Press release
Isotretinoin Drugs Market 2018; Top key Merchant Ranbaxy Laboratories, SUN PHARMA, Teva Pharmaceuticals, Reddy’s Laboratories, Akorn ect. - Analysis and Forecasts 2023
The Worldwide Global Isotretinoin Drugs Market report summarizes the value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry.Global Isotretinoin Drugs Market Highlights:
The global isotretinoin drugs market has been evaluated as steadily growing market and it is expected that the market will continue to grow similarly in the near future. Increasing prevalence of various skin disorders, genetic disorders and cancer are major driving forces for the market. Moreover, increasing R&D funding another major driving factor for the market growth.
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The market for isotretinoin drugs was around US$ 1257.0 million in 2016 and is expected to reach US$ 1567.1 million which is projected to grow at a CAGR of 3.2% by 2023.
There are plenty of large and small market players which operate in this market: Akorn, Inc. (US), Dr. Reddy’s Laboratories Ltd. (India), F. Hoffmann-La Roche Ltd (Switzerland), Mylan N.V. (US), Ranbaxy Laboratories Inc, a SUN PHARMA company. (India), Teva Pharmaceuticals USA, Inc (US), and others
Global Isotretinoin Drugs Market Scenario:
Increasing prevalence of skin and genetic disorders, rising cases of skin cancer are major drivers for the market growth. Moreover, rising funding for new drug development and clinical trials are leading the growth for the market. Additionally, growing awareness of diseases, technological advancement, and increasing healthcare spending are major driving forces of global isotretinoin drugs market. Government initiatives and FDA approvals are also important factors for the market growth. However some factors like side effects of drugs and product recall are affecting the growth of global isotretinoin drugs market.
The Global Isotretinoin drugs market is growing at the CAGR of ~3.2% during the forecast period and expected to reach USD 1567.1 million by 2023.
Key Players for Global Isotretinoin drugs Market:
Some of the key players in this market are: Akorn, Inc. (US), Dr. Reddy’s Laboratories Ltd. (India), F. Hoffmann-La Roche Ltd (Switzerland), Mylan N.V. (US), Ranbaxy Laboratories Inc, a SUN PHARMA company. (India), Teva Pharmaceuticals USA, Inc (US), and others
Global Isotretinoin Drugs Market Segmentation:
Global Isotretinoin drugs Market has been segmented on the basis of application which comprise severe acne, Neuroblastoma, Cutaneous T-Cell Lymphomas, harlequin ichthyosis, xeroderma pigmentosum, fibrodysplasia ossificans progressiva, Squamous cell skin cancers, and others. Severe acne is further sub-segmented into Nodulocystic acne, Acne conglobate, Acne fulminans, Gram negative folliculitis, and others. Neuroblastoma is further sub-segmented into Stage 1, Stage 2A, Stage 2B, Stage 3, Stage 4, Stage 4S, and others. Cutaneous T-Cell Lymphomas is further sub segmented into Mycosis fungoides, Pagetoid reticulosis, Lymphomatoid papulosis, Granulomatous slack skin, and others. Xeroderma pigmentosum is further sub-segmented into group A, group B, group C, group D, and others. On the basis of end user, the market is segmented into Hospitals, Research laboratories, and others.
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Study objectives of Global Isotretinoin drugs Market:
To provide detailed analysis of the global isotretinoin drugs market structure with historical and forecast revenue for the next 6 years of the various segments and sub-segments of the isotretinoin drugs market
To provide detail analysis of the market that segmented on the basis of application, by end user, and its sub-segments.
To provide detail analysis of global isotretinoin drugs market mainly based on value chain analysis, porters’ five forces, price analysis, and supply chain analysis etc.
To provide detail country level analysis of the market with respect to the current market size and future prospective
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global isotretinoin drugs market
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the isotretinoin drugs market
Global Isotretinoin Drugs Market Regional Analysis:
Globally, North America is holding the largest market share in global Isotretinoin drugs due to increasing prevalence of various skin diseases. While the European region accounts the second largest market in this market. The increasing cases of various genetic disorders and cancer in Western Europe region has spurred the growth rate and it accounts largest share in European market. Due to developing healthcare sector, rising healthcare spending and increasing awareness of disorder and diseases, Asia-Pacific region will be fastest growing market for isotretinoin drugs during the forecast period. Middle East and Africa isotretinoin drugs market is expected to grow slower than global average during the forecast period.
MAJOR TABLE OF CONTENTS:
Report Prologue
Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
Major TOC Continued…!
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