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Atopic Dermatitis Market Expected to Reach $22.6 Billion by 2031

05-29-2023 12:17 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Atopic Dermatitis Market

Atopic Dermatitis Market

Atopic dermatitis market size was valued at $5.3 billion in 2021, and is estimated to reach $22.6 billion by 2031, growing at a CAGR of 15.1% from 2022 to 2031. Atopic dermatitis is a condition that makes the person's skin red and itchy. It's common in children but can occur at any age. Atopic dermatitis is long lasting (chronic) and tends to flare periodically. It may be accompanied by asthma or hay fever. No cure has been found for atopic dermatitis. But treatments and self-care measures can relieve itching and prevent new outbreaks.

๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :
AbbVie Inc., Arcutis Biotherapeutics, Inc., Asana Biosciences, Inc., Astellas Pharma, Inc., Bayer AG, Inc., Bristol-Myers Squibb Inc., Dermavant Sciences, Inc., Eli Lilly and Company, Inc., Galderma, Inc., Incyte Corporation, Inc., Leo Pharma, Inc., Novartis AG, Otsuka Pharmaceuticals Co., Ltd., Pfizer Inc., Regeneron Pharmaceuticals, Inc., Sanofi SA, Inc., and Viatris, Inc.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/3353

By drug class, the biologics segment generated the highest revenue in the atopic dermatitis market in 2021 owing to increase in awareness regarding the availability of treatments for the disease and various initiatives undertaken by governments to provide better and more affordable treatment.Moreover, new product launches and increased adoption of biological drugs across several regions is propelling the segment growth. Owing to declne in the small molecule drug R&D productivity, major pharmaceutical companies are focusing on the development of biologics in order to maintain the market position.

By route of administration, the injectable segment generated the highest revenue in the atopic dermatitis market in 2021, owing to product approvals of drugs such as dupilumab.

By distribution channel, the hospital pharmacies segment generated the highest revenue in the atopic dermatitis market in 2021, owing to high prevalence of dermatitis, rise in prices of drugs, increase in income levels of poor & middle-class families, and approval of drugs.Moreover, discounts on repeated purchases, growing number of inititatives from various governmental bodies in improving the infrastructure of hospitals and pharmacies are expected to expand the growth scop of the hospital pharmacies segment. Additionally, easy availability of therapeutic drugs, affordability and convenience are some of the factors boosting the growth of the segment.

๐…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/3353

๐•๐€๐‹๐”๐„ ๐๐‘๐Ž๐๐Ž๐’๐ˆ๐“๐ˆ๐Ž๐๐’ ๐‘๐„๐‹๐€๐“๐„๐ƒ ๐“๐Ž ๐“๐‡๐„ ๐‘๐„๐๐Ž๐‘๐“:

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๐Ž๐ญ๐ก๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Soft Tissue Repair Market -- https://www.alliedmarketresearch.com/soft-tissue-repair-market

Orthobiologics Market -- https://www.alliedmarketresearch.com/orthobiologics-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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