Alopecia Areata Market Expected to Experience Major Growth by 2034, According to DelveInsight | Pfizer, Suzhou Zelgen Biopharma, Eli Lilly/ Incyte, Throne Biotech, Legacy Healthcare

The Key Alopecia Areata Companies in the market include - Eli Lilly and Company/Incyte Corporation, Pfizer, Legacy Healthcare, Pfizer, Q32 Bio Inc., AbbVie, Amgen, Concert Pharmaceuticals, Bristol-Myers Squibb, Reistone Biopharma, Inmagene LLC, Suzhou Zelgen Biopharma, Nektar Therapeutics, AnaptysBio, Inc., LEO Pharma, Eli Lilly and Company, and others.

The Alopecia Areata market is expected to surge due to the disease's increasing prevalence and awareness during the forecast period. Furthermore, launching various multiple-stage Alopecia Areata pipeline products will significantly revolutionize the Alopecia Areata market dynamics.

DelveInsight's "Alopecia Areata Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of the Alopecia Areata, historical and forecasted epidemiology as well as the Alopecia Areata market trends in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan.

The Alopecia Areata market report covers emerging drugs, current treatment practices, market share of the individual therapies, and current & forecasted market size from 2020 to 2034. It also evaluates the current treatment practice/algorithm, market drivers & barriers, and unmet medical needs to curate the best of the opportunities and assess the underlying potential of the market.

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Some of the key facts of the Alopecia Areata Market Report:

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The Alopecia Areata market size was valued ~USD 379 million in 2023 and is anticipated to grow with a significant CAGR of 21% during the study period (2020-2034)

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In March 2025, Eli Lilly and Company (NYSE: LLY) and Incyte (NASDAQ: INCY) have shared late-breaking findings from the Phase 3 BRAVE-AA-PEDS study, revealing that adolescents aged 12 to under 18 with severe alopecia areata (AA) achieved substantial hair regrowth on the scalp, eyebrows, and eyelashes after 36 weeks of once-daily oral baricitinib at 4 mg and 2 mg doses. The results were presented during a late-breaker session at the American Academy of Dermatology (AAD) Annual Meeting.

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In February 2025, Q32 Bio has discontinued its Phase II trial of ADX-097, previously its lead candidate for renal disease, as part of a strategic shift toward advancing bempikibart for alopecia areata. Amid company restructuring and staff reductions, the U.S.-based firm confirmed the termination of its Phase II renal basket trial (NCT06419205) and announced plans to initiate an open-label extension of its ongoing Phase II SIGNAL-AA trial (NCT06018428).

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In January 2025, Eirion Therapeutics Inc., a biopharmaceutical company focused on developing cutting-edge prescription products in aesthetics, reported encouraging results from its first-in-human clinical trial of ET-02, a topical medication designed to treat androgenic alopecia (age-related hair loss).

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In July 2024, Sun Pharmaceutical Industries obtained approval from the US Food and Drug Administration (FDA) for LEQSELVI (deuruxolitinib), a treatment designed for managing an autoimmune disorder in adults.

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In 2023, the alopecia areata market in the United States was valued at approximately USD 202 million, representing 53% of the global market share. This value is projected to rise notably with the launch of new and emerging therapies.

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In 2023, the combined Alopecia Areata market size in the EU4 countries and the UK was estimated at around USD 146 million, accounting for nearly 39% of the total market revenue across the 7MM.

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Within the EU4 and the UK, the United Kingdom held the largest share of the Alopecia Areata market in 2023, generating around USD 51 million. Spain followed with approximately USD 28 million, while France recorded the smallest market share at nearly USD 20 million that year.

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In 2023, Japan's Alopecia Areata market was valued at around USD 31 million, with projections indicating growth throughout the forecast period from 2024 to 2034.

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According to estimates, OLUMIANT was the leading marketed drug for Alopecia Areata in 2023, generating around USD 180 million in revenue across the 7MM regions.

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In 2023, the United States recorded the highest number of alopecia areata cases, with around 764,000 affected individuals. This figure is projected to rise by 2034, growing at a CAGR of 1.4%.

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In 2023, the UK had the highest number of diagnosed prevalent cases of alopecia areata among the EU4 and the UK, with about 323,000 cases. Spain ranked next with roughly 170,000 cases, whereas Italy reported the lowest, at approximately 100,000 cases.

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In 2023, Japan recorded an estimated 167,000 diagnosed prevalent cases of alopecia areata in females and 107,000 in males, with these figures expected to increase by 2034.

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In 2023, women made up 63% of alopecia areata cases across the EU4 and the UK, while men accounted for 37%. These gender trends are anticipated to persist as overall prevalence rises by 2034.

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In 2023, approximately 14% of alopecia areata cases in the EU4 and the UK were classified as mild, 45% as moderate, and 41% as severe. These severity trends are projected to persist, with the total prevalence expected to rise by 2034.

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Key Alopecia Areata Companies: Eli Lilly and Company/Incyte Corporation, Pfizer, Legacy Healthcare, Pfizer, Q32 Bio Inc., AbbVie, Amgen, Concert Pharmaceuticals, Bristol-Myers Squibb, Reistone Biopharma, Inmagene LLC, Suzhou Zelgen Biopharma, Nektar Therapeutics, AnaptysBio, Inc., LEO Pharma, Eli Lilly and Company, and others

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Key Alopecia Areata Therapies: OLUMIANT (baricitinib), LITFULO (ritlecitinib), Etrasimod, Coacillium (LH-8), PF-06651600, ADX-914, Upadacitinib, Daxdilimab, CTP-543, Deucravacitinib, SHR0302, IMG-007, Jaktinib, Rezpegaldesleukin, Rosnilimab, LEO 124249, Baricitinib, and others

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The Alopecia Areata epidemiology based on gender analyzed that females and males are equally affected by Alopecia Areata

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The Alopecia Areata epidemiology based on gender analyzed that Alopecia Areata affects both males and females equally

Alopecia Areata Overview

Alopecia Areata is an autoimmune disorder that causes sudden hair loss, typically in small, round patches on the scalp or other areas of the body. The condition occurs when the immune system mistakenly attacks hair follicles, disrupting hair growth. The exact cause is unknown, but genetics and environmental factors may play a role. While the condition can be unpredictable, hair often regrows over time, although in some cases, it can lead to permanent hair loss. Treatments focus on managing symptoms and stimulating hair regrowth, but there is no cure.

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Alopecia Areata Market

The dynamics of the Alopecia Areata market are anticipated to change in the coming years owing to the expected launch of emerging therapies and others during the forecasted period 2020-2034.

Alopecia Areata Epidemiology

The epidemiology section provides insights into the historical, current, and forecasted epidemiology trends in the seven major countries (7MM) from 2020 to 2034. It helps to recognize the causes of current and forecasted trends by exploring numerous studies and views of key opinion leaders. The epidemiology section also provides a detailed analysis of the diagnosed patient pool and future trends.

Alopecia Areata Epidemiology Segmentation:

The Alopecia Areata market report proffers epidemiological analysis for the study period 2020-2034 in the 7MM segmented into:

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Total Prevalence of Alopecia Areata

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Prevalent Cases of Alopecia Areata by severity

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Gender-specific Prevalence of Alopecia Areata

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Diagnosed Cases of Episodic and Chronic Alopecia Areata

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Alopecia Areata Drugs Uptake and Pipeline Development Activities

The drugs uptake section focuses on the rate of uptake of the potential drugs recently launched in the Alopecia Areata market or expected to get launched during the study period. The analysis covers Alopecia Areata market uptake by drugs, patient uptake by therapies, and sales of each drug.

Moreover, the therapeutics assessment section helps understand the drugs with the most rapid uptake and the reasons behind the maximal use of the drugs. Additionally, it compares the drugs based on market share.

The report also covers the Alopecia Areata Pipeline Development Activities. It provides valuable insights about different therapeutic candidates in various stages and the key companies involved in developing targeted therapeutics. It also analyzes recent developments such as collaborations, acquisitions, mergers, licensing patent details, and other information for emerging therapies.

Alopecia Areata Therapies and Key Companies

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RINVOQ (Upadacitinib): AbbVie

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Bempikibart (ADX-914): Q32 Bio

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Amlitelimab (SAR-445229): Sanofi

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OLUMIANT (Baricitinib): Eli Lilly and Company/Incyte Corporation

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LITFULO (Ritlecitinib): Pfizer

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LEQSELVI (Deuruxolitinib, CTP 543): Sun Pharmaceuticals

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ADX-914: Q32 Bio Inc.

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Upadacitinib: AbbVie

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Daxdilimab: Amgen

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CTP-543: Concert Pharmaceuticals

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Deucravacitinib: Bristol-Myers Squibb

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SHR0302: Reistone Biopharma

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IMG-007: Inmagene LLC

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Jaktinib: Suzhou Zelgen Biopharma

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Rezpegaldesleukin: Nektar Therapeutics

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Rosnilimab: AnaptysBio, Inc.

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LEO 124249: LEO Pharma

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Baricitinib: Eli Lilly and Company

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Alopecia Areata Market Strengths

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The major strength of the Alopecia areata market is its robust pipeline with the emergence of several therapies

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Increasing awareness and development to understand the diversity of the disease might improve the diagnosis of Alopecia areata, thereby resulting in a lucrative market opportunity

Alopecia Areata Market Opportunities

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Several organizations are actively working to provide information and awareness of such rare and devastating disorder

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The current treatment options only focus on palliative treatment rather than cure, which opens a platform of new therapies to boost the market of Alopecia areata

Scope of the Alopecia Areata Market Report

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Study Period: 2020-2034

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Coverage: 7MM [The United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), and Japan]

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Key Alopecia Areata Companies: Eli Lilly and Company/Incyte Corporation, Pfizer, Legacy Healthcare, Pfizer, Q32 Bio Inc., AbbVie, Amgen, Concert Pharmaceuticals, Bristol-Myers Squibb, Reistone Biopharma, Inmagene LLC, Suzhou Zelgen Biopharma, Nektar Therapeutics, AnaptysBio, Inc., LEO Pharma, Eli Lilly and Company, and others

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Key Alopecia Areata Therapies: OLUMIANT (baricitinib), LITFULO (ritlecitinib), Etrasimod, Coacillium (LH-8), PF-06651600, ADX-914, Upadacitinib, Daxdilimab, CTP-543, Deucravacitinib, SHR0302, IMG-007, Jaktinib, Rezpegaldesleukin, Rosnilimab, LEO 124249, Baricitinib, and others

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Alopecia Areata Therapeutic Assessment: Alopecia Areata current marketed and Alopecia Areata emerging therapies

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Alopecia Areata Market Dynamics: Alopecia Areata market drivers and Alopecia Areata market barriers

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Competitive Intelligence Analysis: SWOT analysis, PESTLE analysis, Porter's five forces, BCG Matrix, Market entry strategies

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Alopecia Areata Unmet Needs, KOL's views, Analyst's views, Alopecia Areata Market Access and Reimbursement

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Table of Contents

1. Alopecia Areata Market Report Introduction

2. Executive Summary for Alopecia Areata

3. SWOT analysis of Alopecia Areata

4. Alopecia Areata Patient Share (%) Overview at a Glance

5. Alopecia Areata Market Overview at a Glance

6. Alopecia Areata Disease Background and Overview

7. Alopecia Areata Epidemiology and Patient Population

8. Country-Specific Patient Population of Alopecia Areata

9. Alopecia Areata Current Treatment and Medical Practices

10. Alopecia Areata Unmet Needs

11. Alopecia Areata Emerging Therapies

12. Alopecia Areata Market Outlook

13. Country-Wise Alopecia Areata Market Analysis (2020-2034)

14. Alopecia Areata Market Access and Reimbursement of Therapies

15. Alopecia Areata Market Drivers

16. Alopecia Areata Market Barriers

17. Alopecia Areata Appendix

18. Alopecia Areata Report Methodology

19. DelveInsight Capabilities

20. Disclaimer

21. About DelveInsight

About DelveInsight

DelveInsight is a leading Healthcare Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.

It also offers Healthcare Consulting Services, which benefits in market analysis to accelerate the business growth and overcome challenges with a practical approach.

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