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Actinic Keratosis Treatment Market Growing Trends and Demands Analysis

12-20-2019 03:25 PM CET | Health & Medicine

Press release from: Harshit Khurana

Actinic Keratosis Treatment

Actinic Keratosis Treatment

The Global Actinic Keratosis Treatment Market is projected to increase at a compound annual growth rate of over 4% between 2018 and 2027. With the increased prevalence of actinic keratosis, demand for its therapeutic medications have also sprung upwards. Actinic keratosis remains an extremely common condition and its existence can be traced all over the world, however people living in countries with thinner ozone layer cover are more prone to the disease. Development of advanced therapeutics and increased focus on delivering cost-effective treatments has partly supported the growth of the market. Nonetheless, longstanding issues such as lack of awareness and patient negligence continue to undermine the market potentials.

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Market Dynamics

Actinic keratosis is a skin condition caused by repeated excessive exposure to solar radiation. It results in an area of skin becoming scaly or crusty. The development of actinic keratosis is linked to exposure to ultraviolet radiation from the sun, which causes abnormal proliferation of mutated keratinocytes situated in the lower layers of the epidermis. As a result, actinic keratosis manifests as a pre-cancerous condition that can develop into malignancies if left untreated. These lesions can appear on the face, neck, and arms, with middle-aged and elderly men who have been exposed to solar radiation continuously for a number of years appearing to be at the highest risk of the disease. People working with tar and coal are also likely to get actinic keratosis. Actinic keratosis can develop into squamous cell carcinoma if left untreated.
Combination Therapy to Gain Traction in Actinic Keratosis Treatment Market

Dermatologists are increasingly prescribing using a combination of treatment methods for effectively treating actinic keratosis in patients. For instance, the combination of cryotherapy and fluorouracil cream exhibit a success rate of approximately 90% for the treatment of multiple actinic keratosis lesions. Additionally, the combination of the two treatment offers a variety of benefits such as convenience of application and administration, lower irritability, and enhanced absorption of fluorouracil cream. Clinical trials have suggested enhanced outcome while using the combined therapy compared to the use of cryotherapy and fluorouracil cream individually. Another study researching the potential prospects of combining 5-fluorouracil and photodynamic therapy concluded the combination significantly reduces actinic keratosis relative to the two treatment options used individually. Development of similar combination therapies is expected to cause a surge in the demand for different actinic keratosis treatment options.

Lack of Skilled Surgeons to Dampen Actinic Keratosis Treatment Market Growth
Skilled surgeons and professionals are required for conducting actinic keratosis treatment such as cryotherapy, chemical peel, and photodynamic therapy. However, a substantial shortage in the number of general surgeons is estimated to restrain actinic keratosis market growth. A recent study by WHO suggests a shortage of almost 13 million healthcare professionals around the world at the end of 2035. Additionally, low awareness about the health condition in developing nations and higher costs of treatment are expected to slow down the actinic keratosis treatment market growth.

Top manufacturers included in Actinic Keratosis Treatment market report:
DUSA Pharmaceuticals, Novartis, Perrigo, LEO Pharma, Bausch Health, Taro Pharmaceutical, Galderma (Nestle), Biofrontera, Almirall, Tolmar Pharmaceutical

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