Press release
Alopecia Areata Market Analysis, Size, Share, Growth, Trends And Industry Forecast 2023-2032
Alopecia Areata Market Report
The Business Research Company's Alopecia Areata Global Market Report 2023 identifies the growing prevalence of hair loss as the major driver for the alopecia areata market's growth in the forecast period. Hair loss is caused by disrupting the body's normal hair growth cycle. Alopecia areata treatment employs corticosteroids, potent anti-inflammatory medications that can inhibit the immune system, to treat a condition where the immune system destroys hair follicles and results in hair loss.
The global alopecia areata market is expected to grow from $3.08 billion in 2022 to $3.31 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The alopecia areata market is expected to reach $4.35 billion in 2027 at a CAGR of 7.1%.
Download Free Sample Of Alopecia Areata Market Report -
https://www.thebusinessresearchcompany.com/sample_request?id=12596&type=smp
Major competitors in the alopecia areata market are Pfizer Inc., Merck & Co. Inc., AbbVie Inc., Novartis AG, Bristol-Myers Squibb Company.
A key trend in the alopecia areata market includes innovative drug approval. Major companies operating in the alopecia areata market are focused on obtaining new drug approvals to strengthen their market position and gain a competitive advantage. For instance, in June 2023, Pfizer Inc., a US-based biotechnology and pharmaceutical company, announced that the US Food and Drug Administration (FDA), a US-based federal agency of the Department of Health and Human Services responsible for protecting public health, had approved LITFULOTM (ritlecitinib), the first and only treatment for severe alopecia areata approved for patients as young as 12. It is a once-daily oral treatment for alopecia areata, an autoimmune condition for which there were previously no FDA-approved treatments for teenagers and few options for adults. LITFULO is a kinase inhibitor that blocks Janus kinase 3 (JAK3) and the tyrosine kinase family of kinases found in hepatocellular carcinoma (TEC).
Read More On The Global Alopecia Areata Market Report Here:
https://www.thebusinessresearchcompany.com/report/alopecia-areata-global-market-report
The alopecia areata market is segmented -
•Executive Summary
•Alopecia Areata Market Characteristics
•Alopecia Areata Market Trends And Strategies
•Alopecia Areata Market - Macro Economic Scenario
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the alopecia areata market.
The Business Research Company's "Global Alopecia Areata 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.
Explore Buying Options For The Alopecia Areata Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12596
The Table Of Content For The Alopecia Areata Market Include:
1. Executive Summary
2. Alopecia Areata Market Characteristics
3. Alopecia Areata Market Trends And Strategies
4. Alopecia Areata Market - Macro Economic Scenario
5. Global Alopecia Areata Market Drivers and Restraints
……
32. Global Alopecia Areata Market Competitive Benchmarking
33. Global Alopecia Areata Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Alopecia Areata Market
35. Alopecia Areata Market Future Outlook and Potential Analysis
36. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Alopecia Areata Market Analysis, Size, Share, Growth, Trends And Industry Forecast 2023-2032 here
News-ID: 3264316 • Views: …
More Releases from The Business Research Company
Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Tooth Filling Materials Market Through 2025?
In the past few years, the market size for tooth filling materials has experienced robust growth. Projected to rise from $1.82 billion in 2024 to $1.92 billion in 2025, it's set to journey at a compound…
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenge …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Stress Tests Equipment Industry Market Size Be by 2025?
In recent years, the market for stress test equipment has seen robust growth. From a value of $2.99 billion in 2024, it is projected to increase to $3.19 billion in 2025, reflecting a compound annual growth rate…
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025?
The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering…
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ostomy Devices Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the ostomy devices market has been consistently expanding. Projections show an increase from $2.8 billion in 2024 to $2.9 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.9%. The significant…
More Releases for Alopecia
Key Influencer in the Alopecia Market 2025: Rising Prevalence Of Hair Loss Drivi …
What combination of drivers is leading to accelerated growth in the alopecia market?
The rise in hair loss cases is anticipated to fuel the expansion of the alopecia market. Hair loss pertains to either partial or total loss of hair from places where it usually grows. Alopecia treatment is beneficial for alopecia sufferers as it addresses multiple hair loss issues by promoting hair regrowth, devising personalized treatment strategies, implementing combination therapies,…
Global Alopecia Market Size & Trends
According to a new market research report published by Global Market Estimates, the global alopecia market is projected to grow at a CAGR of 9.6% from 2023 to 2028.
The growth of the alopecia market is primarily driven by the rising incidence of alopecia, advancements in treatment options, greater awareness and information accessibility, evolving lifestyle and beauty norms, technological progress, and the growing geriatric population.
Browse 147 Market Data Tables and…
Alopecia Treatment Market - Reclaiming your crown: Alopecia treatment empowering …
Newark, New Castle, USA: The "Alopecia Treatment Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Alopecia Treatment Market: https://www.growthplusreports.com/report/alopecia-treatment-market/7924
This latest report researches the industry structure, sales, revenue,…
Alopecia Treatment Market - Nurturing Roots, Inspiring Hope: Elevating Alopecia …
Newark, New Castle, USA - new report, titled Alopecia Treatment Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Alopecia Treatment market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Alopecia Treatment market. The report offers an overview of the market, which…
Global Alopecia Market By Disease type: Alopecia Areata, Cicatricial, Traction, …
According to the latest research by SkyQuest Technology, Global Alopecia Market Size was valued at US$ 8.7 billion in 2021, and it is expected to reach a value of US$ 15.10 billion by 2028, at a CAGR of 8.2% over the forecast period (2022 - 2028). The research provides up-to-date Alopecia Market analysis of the current market landscape, latest trends, drivers, and overall market environment.
Get full report : https://skyquestt.com/report/alopecia-market
The rising…
Alopecia Market Research Report Up to 2031
Visiongain has published a new report on Alopecia Market Report to 2031: Forecasts by Disease Type (Androgenic Alopecia, Alopecia Areata, Ciatricial Alopecia, Traction Alopecia, and Alopecia Totalis), By Route of Administration (Oral, Topical, and Injectable), By Distribution Channel (Hospitals, Retail Pharmacies, and Online Pharmacies) PLUS COVID-19 Recovery Scenarios.
Download Exclusive Sample of Report @ https://www.visiongain.com/report/alopecia-market/#download_sampe_div
COVID-19 Impact on Alopecia Market
COVID-19 pandemic has affected more than 200 countries worldwide. Companies have been pressured…
