Press release
Global Skin Diseases Treatment Market Size, Share - Industry Trend and Forecast 2016 - 2024
Skin Diseases Treatment Market: Overview
The dermatology industry, on the whole, has been undergoing several changes over the past decade on account of the rising prevalence of skin diseases and the development of innovative therapies to combat them. The global skin diseases treatment market has been gaining much prominence as small to large companies dedicate resources in the R&D of more effective and affordable treatment options.
The report has been segmented on the basis of various key parameters so as to give readers a 360-degree overview of the skin diseases treatment market and also shed light on the nuances that define this market.
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By product type, the market can be categorized into medicated creams and ointments, antibiotics, vitamins and steroids, antihistamines, laser therapy, antifungals, and various targeted prescription medications. Based on type of disease, the market for skin disease treatment can be segmented into genetic skin diseases, autoimmune skin disorders, allergic skin diseases, cancers, and infectious skin diseases, which can be fungal, bacterial, or viral. By way of end use, the skin disease treatment market comprises dermatology clinics, skincare clinics, hospitals, and aesthetic centers. Geographically, the global market covers Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa.
The evaluation of the vendor landscape makes for an interesting read as research analysts have not only identified the top-notch players but also profiled them in detail. Key aspects such as company overview, business strategies, financial standing, product portfolio, and recent developments have been taken into consideration to gauge the performance of the prominent players in the skin diseases treatment market. With the help of a SWOT analysis, readers are given a clear understanding of each company’s strengths, weaknesses, opportunities, and threats.
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Skin Diseases Treatment Market: Trends and Opportunities
The creation of tissue engineered skins substitutes is perhaps one of the most revolutionary developments in the treatment of skin diseases. Artificial or bioengineered skin has given hope to many patients around the world and advancements such as these bode well for the skin disease treatment market. The market is also considerably driven by the high frequency of various skin diseases in developed as well as developing countries. For instance, more than 3.5 million people across the U.S. alone are diagnosed with skin cancers each year, according to the US Department of Health and Human Services.
Analysts note that the presence of a number of leading players makes the skin diseases treatment market immensely competitive. Product and technology differentiation in terms of the devices and equipment used during procedures and OTC products such as creams and ointments enables companies to enhance their marketability and also helps them survive the competition. Product innovation and unique marketing initiatives can also lend players a strong boost to increase or sustain their share in the skin diseases treatment market.
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Skin Diseases Treatment Market: Regional Outlook
North America is perhaps the most prominent market for skin disease treatment, followed by Europe. There are several factors driving the demand for these treatments in the region, the primary one being ongoing technological advancements and subsequently, the availability of the latest products and devices for the treatment of skin diseases. Skincare management has been a growing market in the developed regions of North America as well as Europe on account of these advancements, and also owing to the fact that the incidence of skin cancers and allergic skin reactions has been steadily rising.
The Asia Pacific skin diseases treatment market is slated to witness strong growth in the coming years, thanks to increasing awareness about skin disorders and their repercussions, a massive population base, and the ongoing development of new treatment methods and devices. Economic development in several APAC countries has resulted in improving purchasing power and greater spending on healthcare. In addition to this, growing medical tourism in countries such as Thailand, India, Singapore, South Korea, and Malaysia has spurred the demand for skin disease treatment from countries around the world.
Companies Mentioned in the Report
Some of the key players in the global skin diseases treatment market are Pfizer, Inc., Allergen, Plc., Celgene Corporation, AbbVie, Inc., Eli Lilly and Company, GlaxoSmithKline plc., Galderma, Incyte Corporation, Valeant Pharmaceuticals International, Inc., and Almirall S.A.
This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights of this report
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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