Increase in the Prevalence of the Psoriasis is Set to Drive Global Acitretin Capsules Market: Ken Research

Acitretin is known as a retinoid, which is a form of vitamin A. It is a second-generation antipsoriatic. It is a prescription drug which is mainly used for treating psoriasis disease. It is a drug for long-term use. It is commonly found in capsule form and given over a single dose. It also works by attaching to the receptors in the body. Moreover the delays in the proliferation of skin cells also affects when the skin is removed or lightened.

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These are generally categorized into branded & generic categories. It may also be used in the psoriatic arthritis, hand dermatitis, darier disease, lichen planus, lichen sclerosis, lupus erythematous, cutaneous t-cell lymphoma, extensive granuloma annulare, severe ichthyosis, actinic keratoses, skin cancers pityriasis rubra pilaris, psoriasis, palmoplantar pustulosis, and extensive warts. Moreover, interactions of disease with vitamin, tetracycline, methotrexate, and phenytoin and other diagnosis techniques can further improve the growth factor of the market. In addition, R&D activities in this field coupled with rise in expenditure factor for the health care sector is expected to support the growth of the market and can take it to added level.

Referring to the study, Global Acitretin Capsules Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies that are presently operating in the global acitretin capsules market include SigmaPharm Laboratories, Jinlan Pharm-Drugs, GSK, Teva, HuaPont Pharm, SUN Pharma, Prasco and among others. In order increase in market position in the global acitretin capsules market, the key players are now focusing on adopting the strategies such as recent developments, mergers & acquisitions, product innovation, joint venture, collaborations, and partnership.

Based on types, Global acitretin capsules market can be segmented as 10mg, 17.5mg, 25mg and others. In addition, based on application, market can be segmented as clinic, hospital and others.

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Increase in the prevalence of the psoriasis, followed by growth in healthcare expenditure, rise in the awareness of the treatment of the disease, presence of the pipeline drugs and rise in demand for organ transplantation are some major factors, which are responsible for growth of the acitretin capsules market. Apart from this, disruption of supply chain due to impact of COVID 19 and adverse effect caused by acitretin may impact the market.

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Based on regional analysis, the North-America is a leading region in global acitretin capsules market owing to increase in product launch, rise in demand of effective treatment for skin diseases and surge in adoption of inactive lifestyle across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to presence of large number of acitretin manufacturers and enhanced distribution network over the forecast period. It is projected that future of the global acitretin capsules market will be bright on account of rise in demand of effective treatment for skin diseases coupled with increase in awareness towards psoriasis and its treatment options during the forecast period.

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