Atopic Dermatitis Market Growth, Trends, and Forecast 2024-2031 | Pfizer Inc, Sanofi S.A, AbbVie Inc.

Atopic Dermatitis Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Global Atopic Dermatitis Market reached US$ 9.44 billion in 2023 and is expected to reach US$ 25.98 billion by 2031, growing at a CAGR of 13.7% during the forecast period 2024-2031.

The Atopic Dermatitis Market focuses on the demand for treatments and therapies for atopic dermatitis, a chronic inflammatory skin condition characterized by itchy, red, and dry skin. The market includes medications like topical steroids, biologics, and emerging treatments aimed at reducing inflammation and improving skin hydration. With growing awareness and advancements in treatment options, the market is expanding rapidly.

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List of the Key Players in the Atopic Dermatitis Market:

Pfizer Inc, Regeneron Pharmaceuticals Inc, Sanofi S.A, AbbVie Inc, Eli Lilly and Company, Galderma Inc, LEO Pharma Inc., Incyte Corporation, Arcutis Biotherapeutics, Inc, Otsuka Pharmaceutical Co., Ltd and among others.

Industry Development:

In September 2024, Eli Lilly and Company announced that the U.S. Food and Drug Administration (FDA) had approved EBGLYSS (lebrikizumab-lbkz), a targeted IL-13 inhibitor, for treating moderate-to-severe atopic dermatitis (eczema) in adults and children aged 12 and older who weigh at least 88 pounds (40 kg) and have not responded well to topical prescription therapies. EBGLYSS works by targeting the inflammation associated with eczema, which can lead to dry, itchy, and irritated skin.

In April 2024, Dermavant Sciences revealed that the FDA had accepted their Supplemental New Drug Application (sNDA) for VTAMA (tapinarof) cream, 1%, for the topical treatment of atopic dermatitis in adults and children aged 2 and older. The FDA has set the Prescription Drug User Fee Act (PDUFA) action date for the fourth quarter of 2024.

Growth Forecast Projected:

The Global Atopic Dermatitis Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Atopic Dermatitis Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Atopic Dermatitis Market:

By Treatment Type: Corticosteroids, Immunosuppressants, Antihistamines, Biologics, Others.

By Patient Type: Children, Adults.

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.

Regional Analysis for Atopic Dermatitis Market:

The regional analysis of the Atopic Dermatitis Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Atopic Dermatitis market?

➠ Who are the leading manufacturers in the global Atopic Dermatitis industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Atopic Dermatitis industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Atopic Dermatitis market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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