South Korea Atopic Dermatitis Treatment Market Expected to Grow Faster According to New Research Report 2023-2028

The South Korea Atopic Dermatitis Treatment Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global South Korea Atopic Dermatitis Treatment market. This report explores all the key factors affecting the growth of the global South Korea Atopic Dermatitis Treatment market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Overview

The South Korea atopic dermatitis treatment market size stood at around USD 39.60 million in 2020 and is projected to reach xx million by 2028, exhibiting a CAGR of around xx% during the forecast period.

Atopic dermatitis (AD) is a chronically relapsing inflammatory skin disease that causes severe pruritus and sleep disturbance.Most cases of AD occur in infants and children younger than five years of age.AD is caused by the interplay between various genetic and environmental factors. The gene encoding filaggrin (FLG) has been most consistently reported as being responsible for AD.Environmental factors such as physical trauma, allergens, and environmental tobacco smoke are also known to contribute to the development of AD. However, the exact pathogenesis is still under investigation. Because of its high prevalence, low quality of life, and possible progression to asthma, AD is regarded as one of the major health problems in children. Some common symptoms of atopic dermatitis are scaly, dry skin, rash, cracked skin that hurts and sometimes bleeds, skin creasing on the palms of the hand or under the eye, darkening of skin around the eyes.

Market Drivers

Increase in incidence of atopic dermatitis in children year on year is predicted to enhance the market growth. Efforts made by the domestic companies for the development of novel drugs, growing healthcare expenditure, climate change, escalating pollution levels and rise in R&D by pharmaceuticals companies are all factors driving the market. Advent of biologics will also impact the market positively. Lack of awareness in people acts as a market restraint.

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Market Segmentation

By Drug Class:

On the basis of drug class, the atopic dermatitis treatment market is segmented into corticosteroids, emollients/moisturizers, IL-4 and PDE4 inhibitors, calcineurin inhibitors, antibiotics, and other drugs. Currently, the atopic dermatitis treatment market is dominated by steroids and calcineurin inhibitors. However, steroids are difficult to treat for a long period of time due to the deterioration of skin immunity, and calcineurin inhibitors are limited in their use due to carcinogenesis in infants and children.

By Route Of Administration:

According to route of administration market is segmented into topical, oral, and injectables.

Top Players

Domestic pharmaceutical companies took on a challenge to develop a treatment for atopic dermatitis, which is called the incurable disease of modern people. Among the new drugs, Sanofi's Dupixent (dupilumab) is the only option among biologics, and Eli Lilly's Olumiant (baricitinib), a JAK inhibitor, is a treatment for adult atopic dermatitis beyond rheumatoid arthritis indications.

Kangstem Biotech recently completed the domestic phase 3 clinical trial of PureStem AD, a new drug for atopic dermatitis. JW 1601 is an atopic dermatitis treatment under development by JW Pharmaceuticals. JW1601 has a dual mechanism of action that selectively acts on histamine H4 receptors to suppress itching and inflammation at the same time.

Huons is in the process of phase 3 clinical trial of YD-109, a treatment for atopic dermatitis derived from natural products. Since it uses natural materials with few side effects, it is expected that it will be able to be administered for various age groups.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global South Korea Atopic Dermatitis Treatment Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global South Korea Atopic Dermatitis Treatment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the South Korea Atopic Dermatitis Treatment market
Chapter 2: Exclusive Summary - the basic information of the South Korea Atopic Dermatitis Treatment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the South Korea Atopic Dermatitis Treatment
Chapter 4: Presenting the South Korea Atopic Dermatitis Treatment Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the South Korea Atopic Dermatitis Treatment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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In conclusion, the South Korea Atopic Dermatitis Treatment Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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