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A Comprehensive Analysis of the Dermatitis Market - LEO Pharma AS, Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals Inc., Sanofi S.A.
Dermatitis Market
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 the growth in the dermatitis market is primarily driven by the increasing global prevalence of the disease. 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. For instance, in October 2022, according to the Global Atopic Dermatitis Atlas (GADA), a report published by the International Eczema Council (IEC), a US-based international dermatology association, approximately 223 million individuals were reported to be affected by atopic dermatitis in 2022.
The dermatitis market size has grown strongly in recent years. It will grow from $6.43 billion in 2023 to $6.79 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to increased prevalence, diagnostic advancements, treatment options, regulatory approvals.
The dermatitis market size is expected to see strong growth in the next few years. It will grow to $8.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%.
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Major competitors in the dermatitis market include LEO Pharma AS, Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals Inc., Sanofi S.A., Bayer AG, Encore Dermatology Inc., Meda Pharmaceuticals Inc., Allergan PLC, Bristol-Myers Squibb Co., Anacor Pharmaceutical Inc., Astellas Pharma Inc., Mylan N.V., Valeant Pharmaceutical Inc.
A key trend in the dermatitis market includes increasing mergers and acquisitions (M&As), done with the purpose of business expansion and increasing visibility. 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 March 2022, Pfizer Inc., a US-based pharmaceutical manufacturing company, acquired Arena Pharmaceuticals, Inc. for an undisclosed amount. With this acquisition, Pfizer aims to strengthen its portfolio of therapeutic candidates in various stages of development within the fields of gastroenterology, dermatology, and cardiology.
Read More On The Global Dermatitis Market Report Here: https://www.thebusinessresearchcompany.com/report/dermatitis-drugs-global-market-report
The dermatitis market covered in this report 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 Application: Cancer, Blood Disorders, Chronic Diseases, Infectious Diseases
4) 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 Market Characteristic
3. Dermatitis Market Trends And Strategies
4. Dermatitis Market - Macro Economic Scenario
5. Dermatitis Market Size And Growth
……………
27. Dermatitis Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dermatitis Market
29. Dermatitis Market Future Outlook And Potential Analysis
30. Appendix
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