Topical Corticosteroids Market Seeing Robust Growth Dominated by Globally With Expected +6.0% CAGR till 2024
?Global Topical Corticosteroids Market accounted to grow at a CAGR of 6.0% during the forecast period of 2017 to 2024?.
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
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Synthetic analogues of natural hormones formed by adrenal cortex are termed as corticosteroids. Topical corticosteroids are hydrocortisone-derivative compounds with differentiated anti-inflammatory potency. They are used to treat many inflammatory skin diseases such as contact curative, insect stings topical corticosteroids. Increased focus on novel biologics boosts the market.
Major Market Drivers and Restraints:
• Increasing cases of skin diseases.
• Increased skin disorders cases in children.
• Impending applications leads to drive the market.
• High price of
• Side effects of corticosteroids.
The global topical corticosteroids market is segmented by type of potency class into ultra-high, high, moderate and low. The ultra-high is further sub segmented into clobetasol propionate and diflorasone diacetate. The high segment is further sub segmented into amcinonide, betamethasone dipropionate, desoximetasone, fluocinonide, halcinonide and others. The moderate segment is further sub segmented into desoximetasone, fluocinolone acetonide, fludroxycortide, hydrocortisone valerate, triamcinolone acetonide and others.
On the basis of formulation the market is segmented into ointments and creams.
On the basis of treatment the market is segmented into contact dermatitis, insect stings, psoriasis and eczema.
On the basis of end user the market is segmented into hospitals, dermatology clinics and clinics.
On the basis of geography, topical corticosteroids market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The topical corticosteroids market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of topical corticosteroids market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
Some of the major players operating in topical corticosteroids market report are:
• GlaxoSmithKline plc.
• Merck & Co. Inc.
• Pfizer Inc.
• Novartis AG
• Almirall S.A
• Zylera Pharmaceuticals
• Velite Pharmaceuticals
• Galderma S.A.
• Regeneron Pharmaceuticals, Inc.
• Meda AB
• Astellas Pharma Inc.
• LEO Pharma A/S
• McKesson Medical-Surgical Inc.
• Bayer AG
• Godetia Healthcare and Aqua Pharmaceuticals among others.
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