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Topical Corticosteroids Market Is Thriving Worldwide|| Global Key Players - LEO, Almirall, S.A, Bausch Health, Cerecor, Inc., Sandoz International GmbH
Topical Corticosteroids Market
Global Topical Corticosteroids Market is expected to rise from its initial estimated value of USD 3154.01million in 2018 to an estimated value of USD 4877.24 million by 2026, registering a CAGR of 5.6% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing prevalence of chronic disease or condition.
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Few of the major competitors currently working in the topical corticosteroids market are
GlaxoSmithKline plc. (UK),
Merck Sharp & Dohme Corp. (US),
LEO (Denmark),
Almirall,
S.A (Spain),
Bausch Health (Canada),
Cerecor, Inc.,
Sandoz International GmbH (Germany),
Pfizer Inc. (US),
Sanofi (France),
AstraZeneca (UK),
Almirall, LLC,
Godetia Healthcare,
Bayer AG,
McKesson Medical-Surgical Inc.,
Regeneron (US),
ALLERGAN (Ireland),
Galderma laboratories (Switzerland),
Novartis AG (Switzerland), and others.
Key Developments in the Market:
In April 2019, ViiV Healthcare announced that they got approval from US Food and Drug Administration (FDA) to Dovato, the first, once-daily, single-tablet, two-drug regimen for treatment.
In April 2019, GSK receives approval from U.S related to Benlysta for intravenous use in children with lupus aged five years and above.
Market Definition: Global Topical Corticosteroids Market
Topical corticosteroids (steroids) is defined as a medications which is directly applied to the skin with intention to reduce irritation and inflammation, ; it is available in several different forms like ointments, gels, creams, lotions, mousses. They are available in four different potencies (strengths), known as mild, moderate, potent, and very potent
According to the CDC, in U.S 2 million people are infected with bacteria that are resistant to antibiotics, and at least 23,000 people die due to such infections. Increasing investment in research and development, act as a driver to the market.
Market Drivers
Growing number of geriatric population, this act as a driver to the market.
Growth in demand of topical drug delivery drugs, this act as a driver to the market.
Market Restraints
Expiry of patent for drugs, this act as restraints to the market.
Weak reimbursement policies, this act as restraints to the market.
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Segmentation: Global Topical Corticosteroids Market
By Molecule Name
Fludroxycortide
Triamcinolone Acetonide
Fluocinolone Acetonide
Antiseptics
Betamethasone
Clobetasone Propionate
Clobetasone Butyrate
Halobetasone
Mometasone
Others
By Potency Class
Ultra High
Clobetasol Propionate
Diflorasone Diacetate
Betamethasone Dipropionate Glycol
High
Amcinonide
Betamethasone Dipropionate
Desoximetasone
Fluocinonide
Others
Moderate
Desoximetasone
Fluocinolone Acetonide
Fludroxycortide
Hydrocortisone Valerate
Triamcinolone Acetonide
Clobetasone Butyrate
Others
Mild
Hydrocortisone
Hydrocortisone Acetate
Betamethasone Valerate
Desonide
Fluocinolone Acetonide
Other
By Application
Acne
Dermatitis
Psoriasis
Skin Infection
Hyperpigmentation
Melasma
Others
By Medication Type
Ointments
Creams
Liquid & Solutions
Lotions
Gel
Oils
Pastes
Sprays
Others
By End User
Hospital
Dermatology Clinics
Homecare
Others
By Distribution Channel
Hospital Pharmacies
Pharmacy Stores
Online Pharmacies
Others
By Purchase Mode
Over The Counter (Otc) Based
Prescription Based
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Reasons to Purchase this Report
Current and future of global topical corticosteroids market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
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