Dermatitis Market Analysis 2023: Market Size, Insights, Trends And Growth Forecast 2032 | LEO Pharma A/S, Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals Inc., Sanofi S.A

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Dermatitis Global Market Report 2023 identifies Growth in the atopic dermatitis as the major driver for the Dermatitis market's growth in the forecast period. The prevalence of dermatitis in children is estimated to be around 15-20% while it is 1-3% in adults. The rising cases of food allergies are adding to the prevalence of dermatitis which ultimately leads to the increase in demand for medicines to cure this disease.

The global dermatitis market size will grow from $6.46 billion in 2022 to $6.89 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global dermatitis is expected to grow to $8.57 billion in 2027 at a CAGR of 5.6%.

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Major competitors in the Dermatitis market are LEO Pharma A/S, Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals Inc., Sanofi S.A.

A key trend in the Dermatitis market includes increasing mergers and acquisitions (M&As). M&As are playing a significant role in today's world and are assumed to expand this market in the years to come. The vendors in this industry are focusing on collaboration and partnerships to expand their portfolios and improve their market presence. Companies are also strategically making M&As to reduce competition and increase the scalability of their businesses. For instance, in January 2020, Eli Lilly and Company, a US-based pharmaceutical company specializing in the discovery, development, manufacturing, and commercialization of human drugs, acquired Dermira, Inc. for an amount of $1.1 billion. Through this acquisition, Lebrikizumab, an innovative, experimental monoclonal antibody, has been added to the immunology pipeline and marketed dermatology medicines in the product portfolio of Eli Lilly for the treatment of moderate-to-severe atopic dermatitis in patients 12 years of age and older. Dermira, Inc. is a US-based biopharmaceutical company pioneering in the discovery and development of novel therapies for dermatology patients.

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The Dermatitis market is segmented -

1. By Drug Class: Corticosteroids, Emollients/Moisturizers, Antihistamines, Calcineurin Inhibitors, Antibiotics, Immunomodulators, Interleukin Inhibitors
2. By Distribution Channel: Hospital, Retail Pharmacies, Drug Stores, Online Or Mail Pharmacies
3. By Route Of Application: Topical, Oral, Injectable
4. By Application: Cancer, Blood Disorders, Chronic Diseases, Infectious Diseases
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Dermatitis market.

The Business Research Company's "Global Dermatitis Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Dermatitis Market Include:

1. Executive Summary
2. Dermatitis Drugs Market Characteristics
3. Dermatitis Drugs Market Trends And Strategies
4. Dermatitis Drugs Market - Macro Economic Scenario
5. Dermatitis Drugs Market Size And Growth
……
27. Dermatitis Drugs Market Competitive Landscape And Company Profiles
28. Dermatitis Drugs Pipeline Analysis
29. Key Mergers And Acquisitions In The Dermatitis Drugs Market
30. Dermatitis Drugs Market Future Outlook and Potential Analysis
31. Appendix

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