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Corticosteroids Market Key Player Analysis, Industry Demand, Business Outlook, Growth And Revenue Forecast During 2023 - 2032: Sumitomo, Pfizer, Novartis, Merck, Sanofi, Johnson and Johnson
Corticosteroids Market
As per the corticosteroids market report by The Business Research Company, the increasing prevalence of Skin related diseases and the rising incidences of rashes, dermatitis, itching, eczema, and psoriasis contributed to the growth of the corticosteroid market. According to the CDC (Center for Disease Control), each year in the US, at least 2 million people are infected with bacteria that are resistant to antibiotics, and at least 23,000 people die due to such infections.For instance, in November 2021, according to an article shared by Cleveland Clinic, a US-based non-profit academic medical center, Skin cancer strikes almost one in five persons at some point in their lives. Every day, 9,500 Americans receive a skin cancer diagnosis. Skin cancer affects 20% of Americans at some point in their lives. The increased prevalence of such disorders increased the demand for corticosteroids, driving the market.
The global corticosteroids market grew from $5.05 billion in 2022 to $5.26 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The corticosteroids market is expected to grow from $6.33 billion in 2027 at a CAGR of 4.7%.
Read More On The Corticosteroids Market Report Here:
https://www.thebusinessresearchcompany.com/report/corticosteroid-global-market-report
Major competitors in the corticosteroids therapy market are Sumitomo, Pfizer, Novartis, Merck, Sanofi, Johnson and Johnson, GSK, AstraZeneca, Cipla, LEO Pharma, Abbott Laboratories, Bayer and Zizhu Pharma.
The Corticosteroids market is segmented -
• By Product: Glucocorticoids, Mineralocorticoids
• By Application: Skin Allergies, Rhuematology Indications, Endocrinology, Acute Respiratory Diseases, Other Applications
• By End User: Hospitals, Clinics, Research Institutes, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the corticosteroids market.
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The corticosteroids therapy market consists of sales of glucocorticoids, mineralocorticoids, cortisone, hydrocortisone, and prednisone. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Corticosteroids Market Include:
1. Executive Summary
2. Corticosteroids Market Characteristics
3. Corticosteroids Market Trends And Strategies
4. Corticosteroids Market - Macro Economic Scenario
5. Corticosteroids Market Size And Growth
6. Corticosteroids Market Segmentation
…………………
27. Corticosteroids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Corticosteroids Market
29. Corticosteroids Market Future Outlook And Potential Analysis
30. Appendix
The "Global Corticosteroids Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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