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Rising Incidences Of Skin Disorders Propel Growth In The Pruritus Therapeutic Market: Strategic Insights Driving Pruritus Therapeutic Market Momentum in 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Pruritus Therapeutic Market Size By 2025?
The market for pruritus treatments has experienced robust expansion lately, projected to increase its valuation from $14.29 billion in 2024 to $15.38 billion the following year, reflecting a consistent annual growth rate of 7.6%. This upward trajectory during the past period stems from several key factors, including the rising incidence of pruritus, progress in scientific research and development efforts, an expanding elderly demographic, the broadening of medical facilities, greater patient understanding of the condition, and various industry collaborations and alliances.
How Big Is the Pruritus Therapeutic Market Size Expected to Grow by 2029?
Projections indicate that the market focusing on pruritus therapeutics is poised for substantial expansion over the coming years, attaining a valuation of $21.88 billion by 2029, reflecting a compounded annual growth rate (CAGR) of 9.2%. This upward trajectory through the projection timeframe stems from ongoing scientific exploration and inventive breakthroughs, expansion within developing economies, escalating healthcare spending, the shift toward individualized medical treatments, and supportive regulatory frameworks encouraging novel developments. Key factors shaping this market during the period include the incorporation of telemedicine and digital health platforms, progress in technology, the utilization of remote consultation and digital care solutions, the evolving global regulatory environment, the growing importance of biologics and immunomodulators, and a greater emphasis on patient-centered care strategies.
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Which Key Market Drivers Powering Pruritus Therapeutic Market Expansion and Growth?
The rising frequency of maladies affecting the skin is becoming a major impetus for the expansion of the pruritus treatment sector. Dermatological ailments, which encompass conditions like acne, eczema, skin malignancies, psoriasis, and vitiligo, are what we mean by skin conditions. Treatments for pruritus play a role in managing numerous skin ailments because itching is a chief characteristic in the majority of them. To illustrate, data from the American Academy of Dermatology Association, a US dermatology organization, suggested in April 2022 that melanoma was anticipated to result in 7,650 fatalities in that year, distributed as 5,080 among men and 2,570 among women. Furthermore, projections shared by the American Cancer Society, a voluntary US body, in January 2023 indicated that approximately 97,610 individuals in the United States would be newly diagnosed with melanoma during 2023, with the figures being around 58,120 for males and 39,490 for females. Consequently, the escalating rates of skin disorders are poised to fuel the market for pruritus therapeutics.
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Which Fast-Growing Trends Are Poised to Disrupt the Pruritus Therapeutic Market?
A paramount trend currently shaping the pruritus treatment landscape is the emphasis on novel product development. Leading entities within this therapeutic sphere are dedicating resources to creating new drugs and therapeutic approaches aimed at managing pruritus and associated ailments. To illustrate, in August of 2022, the Japanese pharmaceutical firm Maruho Co., Ltd. introduced the Mitchga Subcutaneous Injection 60 mg Syringes, a humanized monoclonal antibody targeting the anti-IL-31 receptor for addressing the itching component of atopic dermatitis; this marked the debut of an antibody agent designed to block IL-31 signaling, given that IL-31 functions as a crucial neuroimmune cytokine implicated in the development of both pruritus and dermal inflammation characteristic of atopic dermatitis, and this compound functions by preventing IL-31 from binding to its designated receptor, thereby mitigating the associated itch and skin inflammation experienced in atopic dermatitis.
What Are the Emerging Segments in the Pruritus Therapeutic Market?
The pruritus therapeuticmarket 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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Who Are the Global Leaders in the Pruritus Therapeutic Market?
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.
Which are the Top Profitable Regional Markets for the Pruritus Therapeutic Industry?
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
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