Press release
Alopecia Treatment Market Booming Industry Growth, Research Scope, Advance Technology and Innovations by 2030
The global Alopecia Treatment market was pegged at US$ 9.78 billion in 2021. The market is expected to witness a CAGR of 7.69% from 2022 to 2030.Technological advancements in alopecia treatment are among the key drivers of this market. There are two FDA-approved therapeutics for alopecia-Rogaine. There has been an increase in market penetration of generics after patent expiries of both drugs. However, the launch of several promising pipeline candidates over the forecast years such as Xeljanz (tofacitinib), Breezula (clascoterone), Jakafi (ruxolitinib), SM04554, and Lumigan (Bimatoprost) is expected to substantially drive the growth of the market in the near future.
The strong presence of pipeline products and increasing approval for laser-based therapy to treat hair loss conditions are major factors anticipated to drive growth. Moreover, rising awareness among patients about alopecia and its treatments, increasing government initiatives, supportive regulations & laws, and improvements in healthcare infrastructure are factors expected to propel market growth over the forecast period.
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Key Players
• Sun Pharmaceuticals Industries Ltd.
• Johnson & Johnson Services Inc.
• GlaxoSmithKline Plc.
• Merck & Co. Inc.
• Dr. Reddy's Laboratories Ltd.
• Aurobindo Pharma Limited
• Arcutis Biotherapeutics Inc.
• Teva Pharmaceutical Industries Ltd.
• Eli Lilly and Company
• Aclaris Therapeutics Inc.
• Cipla Inc.
• Fagron NV
• Pfizer Inc.
Alopecia Treatment Market by Drug Class
• Corticosteroids
• Finasteride
• Minoxidil
• Vasodilator
• Others
Key Reasons to Purchase:
(1) To gain insightful analyses of the market and have a comprehensive understanding of the global market and its commercial landscape.
(2) Assess the production processes, major issues, and solutions to mitigate the development risk.
(3) To understand the most affecting driving and restraining forces in the Alopecia Treatment Market and its impact in the global market.
(4) Learn about the market strategies that are being adopted by leading respective organizations.
(5) To understand the outlook and prospects for the market.
Key Questions Answered in the Report Include:
(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.
(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?
(3) What is the major global Alopecia Treatment Market trends influencing the development of the market?
(4) What are the vital results of SWOT analysis of the major players operating in the Alopecia Treatment Market?
(5) What are the potential growth opportunities and threats faced by Major competitors in the market?
TOC of Alopecia Treatment Market
1 Scope of the Report
1.1 Market Ecosystem
1.2 Geographic Scope
1.3 Timeline Under Consideration
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Alopecia Treatment Market Executive Summary
2.1 World Market Overview
2.1.1 Global Market Size 2022-2030
2.1.2 Market Size CAGR by Region 2020 VS 2028
2.2 Alopecia Treatment Market Segment by Type
2.2.1 Type 1
2.2.2 Type 2
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Manan Sethi
Director, Market Insights
Email: enquire@growthplusreports.com
Phone no: +91 96545 76783
Web: https://growthplusreports.com/
Growth+Reports is part of GRG Health, a global healthcare knowledge service company. We are proud members of EPhMRA (European Pharmaceutical Marketing Research Association).
Growth+ portfolio of services draws on our core capabilities of secondary & primary research, market modelling & forecasting, benchmarking, analysis, and strategy formulation to help clients create scalable, ground-breaking solutions that prepare them for future growth and success.
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