Press release
The cutaneous mastocytosis treatment market value is projected to exceed US$ 300 Mn by the end of 2026
is likely to grow voraciously, i.e. at a CAGR of 3.10% between 2022-2029, reaching US$ 300 Mn. Augmented and virtual reality are abreast with advanced technologies on a significant count. VR and AR do have loads of potential for offering in the healthcare vertical. The application areas include surgery and training simulation, and patients care and treatment.
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According to Persistence Market Research's (PMR) most recent study, the global cutaneous mastocytosis treatment market value is expected to surpass US$ 300 Mn by 2026. The study also forecasts tremendous growth opportunities for the cutaneous mastocytosis treatment market. The key reason driving the growth of the cutaneous mastocytosis treatment market throughout the forecast period is the growing awareness regarding cutaneous mastocytosis, its diagnosis, and treatment.
Company Profiles:
Bausch Health Companies Inc.
Pfizer Inc.
Merck & Co., Inc.
Mylan N.V.
Sanofi
EPI Health, LLC.
kaleo, Inc.
Teva Pharmaceutical Industries Ltd.
Novartis AG
Mallinckrodt
Bayer AG
Johnson & Johnson
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The Asia-Pacific will be the Most Important Region for the Growth of the Cutaneous Mastocytosis Treatment Market
The Asia-Pacific region is recognized as the biggest emerging cutaneous mastocytosis treatment market, due to increased awareness and understanding of the disease and its treatment. Apart from this, the significant economic growth in the Asia-Pacific has strengthened healthcare infrastructure development that has increased opportunities for the implementation of novel treatments in the region.
Besides, North America and Europe are likely to drive market growth due to the increased incidence of Cutaneous Mastocytosis and the ease and availability of many treatment medicines. Because of a larger patient pool and increased drug research and development activities, European nations such as the United Kingdom and France are projected to have a positive influence on market growth.
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The Impact of COVID-19 on the Global Cutaneous Mastocytosis Treatment Market
The outbreak of COVID-19 had harmed the market for Cutaneous Fibrotic Treatment. The decrease in the frequency of hospital consultations for treatment due to the surge in patients suffering from Covid-19 had an adverse effect on the market. However, the scenario has improved due to the relaxation of Covid-19 restrictions in the last quarter of 2021.
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PMR has presented a comprehensive report based on Cutaneous Mastocytosis Treatment Market as per Drug Class (antihistamines, steroids, mast cell stabilizers, Adrenergic Agonists (Epinephrine),Psoralens (Methoxsalen) and others.), Route of Administration (Oral, Injectables and Topical), Indication (Maculopapular Cutaneous Mastocytosis, Diffuse Cutaneous Mastocytosis and Solitary Cutaneous Mastocytoma.), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores and Online Pharmacies) based on seven regions.
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