Press release
Dermatology Drugs Market size and Forecast 2020-2023 | Industry overview, Latest Trend and Growth Analysis
The Business Research Company
The global dermatology drugs market is expected to decline from $40.7 billion in 2019 to $36 billion in 2020 at a compound annual growth rate (CAGR) of -11.7%. The decline is mainly because of drop in sales due to the lockdown measures to contain COVID-19 spread. The market is then expected to recover and grow at a CAGR of 1 3% from 2021 and reach $66.3 billion in 2023.
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The dermatology drugs market consists of sales of dermatology drugs and related by entities (organizations, sole traders and partnerships) that produce dermatology drugs to treat skin diseases. This industry includes establishments that produce drugs to treat diseases such as rosacea, dermatitis, hyperhidrosis, androgenic alopecia, acne, microbial infections and other skin disorders.
Pharmaceutical companies are offering new drugs referred to as immune modulators for the treatment of skin diseases such as eczema. Eczema is a chronic skin condition caused by the lack of skin proteins that results in inflammation and irritation in the skin. These drugs are used to externally treat the skin without changing the immune system of the body.
Dermatology Drugs Market Segmentation: -
By Type
1. Acne
2. Dermatitis
3. Psoriasis
4. Other Drugs for Dermatology Diseases
By Distribution Channel
1. Hospital Pharmacies
2. Retail Pharmacies/ Drug Stores
3. Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Dermatology Drugs Market Characteristics
4. Dermatology Drugs Market Product Analysis
5. Dermatology Drugs Market Supply Chain
......
19. Dermatology Drugs Market Competitive Landscape
20. Key Mergers And Acquisitions In The Dermatology Drugs Market
21. Market Background: Pharmaceutical Drugs Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the dermatology drugs market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market
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Some of the key players involved in the dermatology drugs market are Johnson & Johnson; Allergan Plc; Galderma S.A; Novartis AG; GlaxoSmithKline Plc
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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