Atopic Dermatitis Market Expected to Reach $22.6 Billion by 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.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
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.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 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.

By region, North America accounted for the largest market share in the atopic dermatitis market in 2021 and is expected to retain its dominance throughout the atopic dermatitis market forecast period. This is primarily attributed to increase in prevalence of atopic dermatitis, increase in number of atopic dermatitis industry and rise in treatment awareness among the patient population. Moreover, well-established healthcare infrastructure, and early adoption of novel medications are expected to propel the growth of the market. For instance, as per the 2022 National Eczema Association, an estimated 16.5 million U.S. adults (7.3%) have atopic dermatitis that initially began at more than two years of age, with nearly 40% affected by moderate or severe disease.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/3353

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
On the basis of drug class, the biologics segment held 81.47% share in the global market in 2021.

On the basis of route of administration, the injectable segment held the largest market share in 2021, and is expected to remain dominant throughout the forecast period.

On the basis of distribution channel, the hospital pharmacies segment held the largest market share in 2021, and is expected to remain dominant throughout the forecast period.

Region wise, North America is expected to experience the highest market share during the forecast period. This was attributed to increasing prevalence of atopic dermatitis, high treatment awareness among the patient population.

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