Strong Growth Ahead: Pruritus Therapeutic Market Size To Grow At Arecord 9.3% Cagr By 2029

The Pruritus Therapeutic Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Pruritus Therapeutic Market?
The market size for pruritus therapy has seen robust growth in the past few years. The value is projected to rise from $14.29 billion in 2024 to $15.43 billion in 2025, marking a compound annual growth rate (CAGR) of 8.0%. Factors such as an increased incidence of pruritus, advancements in R&D, a rising elderly population, healthcare infrastructure development, heightened patient awareness, as well as collaborations and partnerships have contributed to growth during the historical period.

In the coming years, the pruritus therapeutic market is predicted to experience substantial growth, expanding to a whopping $22.02 billion by 2029 with a compound annual growth rate (CAGR) of 9.3%. The projected growth during this period can be traced back to ongoing research and innovation, the growth of emerging markets, escalating healthcare spending, the prevalence of personalized medicine, and regulatory backing for innovation. During the forecast period, noteworthy trends such as the fusion of telemedicine and digital health, technological progression, solutions in telehealth and digital health, the global regulatory environment, the use of biologics and immunomodulators, and patient-oriented approaches will be observed.

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What Are the Emerging Segments Within the Pruritus Therapeutic Market?
The pruritus therapeutic market covered in this report is segmented -

1) By Type: Corticosteroids, Antihistamines, Local Anesthetics, Counterirritants, Immunosuppressant, Calcineurin Inhibitors, Others Types
2) By Disease Type: Atopic Dermatitis Or Eczema, Allergic Contact Dermatitis, Urticaria, Cutaneous T-Cell, Other Disease Types
3) By Application: External Use, Oral, Injection
4) By End Use: Hospitals, Clinics, Other Uses

Subsegments:
1) By Corticosteroids: Topical Corticosteroids, Systemic Corticosteroids
2) By Antihistamines: First-Generation Antihistamines, Second-Generation Antihistamines
3) By Local Anesthetics: Topical Local Anesthetics, Injectable Local Anesthetics
4) By Counterirritants: Menthol-Based Products, Camphor-Based Products
5) By Immunosuppressants: Systemic Immunosuppressants, Topical Immunosuppressants
6) By Calcineurin Inhibitors: Tacrolimus, Pimecrolimus
7) By Other Types: Antidepressants, Phototherapy Treatments, Herbal Remedies

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What Long-Term Drivers Are Shaping Pruritus Therapeutic Market Trends?
The escalated occurrence of skin conditions is playing a substantial role in propelling the pruritus therapeutic market's growth. These conditions, also known as dermatologic disorders, include acne, eczema, skin cancer, psoriasis, and vitiligo, which impact the skin. Pruritus therapeutics are implemented as a key part of the treatment strategy for these skin diseases, as pruritus is a predominant symptom in most. For example, the American Academy of Dermatology Association reported in April 2022 that melanoma is expected to result in 7,650 deaths in 2022, including 5,080 men and 2,570 women. Furthermore, in January 2023, the American Cancer Society, a volunteer organization based in the US, projected that 97,610 new melanoma cases would be diagnosed in 2023 in the United States, approximately 58,120 in men and 39,490 in women. As such, the escalating occurrence of skin disorders is fueling the growth of the pruritus therapeutic market.

Who Are the Top Competitors in Key Pruritus Therapeutic Market Segments?
Major companies operating in the pruritus therapeutic market include Astellas Pharma Inc., Bristol-Myers Squibb Company, Cipla Inc., Eli Lilly and Company, Galderma Laboratories LP, GlaxoSmithKline plc, Merck & Co. Inc., Novartis AG, Pfizer Inc., Sanofi SA, Abbott Laboratories, Almirall SA, Eisai Co. Ltd., Glenmark Pharmaceuticals Ltd., Ipca Laboratories Ltd., Lupin Chemicals Ltd., Cara Therapeutics Inc., EPI Health LLC, AbbVie Inc., Albireo Pharma Inc., Bayer AG, Bausch Health Companies Inc., Regeneron Pharmaceuticals Inc., Huapont Life Sciences Co. Ltd., LEO Pharma AS, MC2 Therapeutics Ltd., Novan Inc., Trevi Therapeutics Inc., UCB SA, Viatris Inc., Teva Pharmaceutical Industries Ltd.

What Pruritus Therapeutic Market Trends Are Gaining Traction Across Different Segments?
In the pruritus therapeutic market, the main trend that's gathering traction is product innovation. Many dominant companies in this market are concentrating on creating pioneering medications and treatments for pruritus along with related conditions. For example, in August 2022, Maruho Co., Ltd, a pharmaceutical firm based in Japan, introduced an anti-IL-31 receptor - a humanized monoclonal antibody Mitchga Subcutaneous Injection 60 mg Syringes to treat the itching connected with atopic dermatitis. This drug is the first of its kind, designed to hamper IL-31 signaling. IL-31 is a neuroimmune cytokine2 associated with pruritus and skin inflammation which further worsens atopic dermatitis3,4. This compound obstructs IL-31 from attaching to its receptor, thus preventing itching and skin inflammation associated with atopic dermatitis.

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Which Regions Are Becoming Hubs for Pruritus Therapeutic Market Innovation?
North America was the largest region in the pruritus therapeutic market in 2024. The regions covered in the pruritus therapeutic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pruritus Therapeutic Market?
2. What is the CAGR expected in the Pruritus Therapeutic Market?
3. What Are the Key Innovations Transforming the Pruritus Therapeutic Industry?
4. Which Region Is Leading the Pruritus Therapeutic Market?

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