Press release
Rising Prevalence Of Inflammatory And Autoimmune Diseases To Drive Growth In Hydrocortisone Market: A Significant Driver Propelling The Hydrocortisone Market In 2025
Hydrocortisone
What Is the Hydrocortisone Market Size and Projected Growth Rate?
The hydrocortisone market has grown significantly in recent years. It will increase from $1.52 billion in 2024 to $1.62 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth is driven by the rising prevalence of skin disorders, an aging population, greater awareness and accessibility, growth in the pharmaceutical industry, and emerging market expansion.
The hydrocortisone market is expected to experience substantial growth in the coming years, reaching $2.09 billion by 2029, with a compound annual growth rate (CAGR) of 6.5%. The growth during this period can be attributed to advancements in technology, increased demand for over-the-counter (OTC) products, rising research investments, higher disposable income, and expanding distribution channels. Key trends include a focus on natural ingredients, combination therapies, personalized treatments, hydrocortisone-infused products, and an emphasis on sustainability.
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What Are the Major Segments in the Hydrocortisone Market?
The hydrocortisone market covered in this report is segmented -
1) By Type: Cream, Injection, Tablet
2) By Route Of Administration: Parenteral, Oral, Topical
3) By Application: Adrenocortical Dysfunction, Adrenergic Syndrome, High Blood Calcium, Thyroiditis, Rheumatoid Arthritis, Dermatitis, Asthma And Chronic Obstructive Pulmonary Disease, Other Application
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Cream: Topical Hydrocortisone Cream (0.5%, 1%, 2.5%), Hydrocortisone Ointment
2) By Injection: Hydrocortisone Sodium Succinate Injection, Hydrocortisone Acetate Injection
3) By Tablet: Oral Hydrocortisone Tablets (5mg, 10mg, 20mg), Extended-Release Hydrocortisone Tablets
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What Are The Driving Hydrocortisone Market Evolution?
The increasing prevalence of inflammatory and autoimmune diseases is expected to propel the growth of the hydrocortisone market going forward. Inflammatory and autoimmune diseases are conditions where the immune system mistakenly attacks the body's tissues, causing chronic inflammation and tissue damage. The rising adoption of treatments for inflammatory and autoimmune diseases is due to the increasing prevalence of these conditions and advancements in medical therapies. Hydrocortisone is used in inflammatory and autoimmune diseases such as severe asthma exacerbations to reduce airway inflammation and improve breathing rapidly. It is typically administered intravenously in emergencies. For instance, in May 2024, according to the data published by the National Center for Health Statistics (NCHS), a U.S.-based health statistics agency, the prevalence of current asthma among adults aged 18 and over in the United States increased from 8.4% in 2021 to 8.7% in 2022. Additionally, asthma episodes in the past 12 months for adults in the same age group rose from 3.3% in 2021 to 3.7% in 2022. Therefore, the increasing prevalence of inflammatory and autoimmune diseases will drive the growth of the hydrocortisone market.
Which Firms Dominate The Hydrocortisone Market Segments?
Major companies operating in the hydrocortisone market are Pfizer Inc., Johnson & Johnson, Merck & Co Inc, AbbVie Inc., Bayer AG, Novartis AG, The Dow Chemical Company, GlaxoSmithKline plc (GSK), Viatris Inc., Solvay SA, Teva Pharmaceutical Industries Ltd., Alcon Inc, Sandoz International GmbH, Valeant Pharmaceuticals International Inc, Fresenius Kabi AG, Macleods Pharmaceuticals Limited, Sun Pharmaceutical Industries Ltd., Bausch & Lomb Incorporated, Hikma Pharmaceuticals PLC, Aspen Pharmacare Holdings Limited, Ivax Pharmaceuticals Inc, Glenmark Pharmaceuticals Ltd., Torrent Pharmaceuticals Limited, Impax Laboratories LLC, Akorn Incorporated, Taro Pharmaceutical Industries Ltd, Lannett Company Inc, Salix Pharmaceuticals Inc
What Hydrocortisone Market Trends Are Gaining Traction Across Different Segments?
In the hydrocortisone market, top-tier companies are shifting their focus towards blended therapies, such as creams infused with butyrate constituents, in order to intensify the treatment effectiveness and diversify their product range. A potential synergy is realized when hydrocortisone is merged with butyrate cream to manage skin issues, utilizing the anti-inflammatory attributes of hydrocortisone in conjunction with the immunomodulatory influences of butyrate and its capacity to enhance the functionality of the skin barrier. For instance, in the United States, in November 2023, J. Molner AS., a pharmaceutical firm based in Estonia, introduced Hydrocortisone Butyrate Lotion, 0.1%, a major step in their endeavour to construct a commercial foundation for their medicinal products in the worldwide market. Designed to cure inflammatory skin conditions, the recently launched lotion exhibits Molner's dedication towards broadening its global market footprint.
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Which Is The Largest Region In The Hydrocortisone Market?
North America was the largest region in the hydrocortisone market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydrocortisone 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 Hydrocortisone Market?
2. What is the CAGR expected in the Hydrocortisone Market?
3. What Are the Key Innovations Transforming the Hydrocortisone Industry?
4. Which Region Is Leading the Hydrocortisone Market?
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