2018-2024 Asia-Pacific Topical Corticosteroids Market to Worth $837.11 Million by Leading Players Glaxosmithkline Plc and Pfizer Inc.

Asia-Pacific Topical Corticosteroids Market is expected to reach USD 837.11 million by 2024, from USD 506.28 million in 2016 growing at a CAGR of 6.5% in the forecast period 2017 to 2024.

The factors such as increasing prevalence of chronic disease or condition, rise in aging population, growth in topical drug delivery, increasing research and development, new product launches are furthermore boosting the growth of the global topical corticosteroids market. On the other hand, expiry of patent for drugs, weak reimbursement policies, and stringent regulatory policies may hinder the growth of the market. The topical corticosteroids market in the Asia-Pacific region is leading in Japan.

Click Here For Free Sample Report @ http://databridgemarketresearch.com/request-a-sample/?dbmr=asia-pacific-topical-corticosteroids-market

Market Segmentation: Asia-Pacific Topical Corticosteroids Market

The Asia-Pacific topical corticosteroids market is segmented on the basis of molecule name, brands, purchase mode, application, medication type, potency class, end user, distribution channel.

On the basis of molecule name, Asia-Pacific topical corticosteroids market is segmented into fludroxycortide, triamcinolone acetonide, fluocinolone acetonide, antiseptics, betamethasone, clobetasone propionate, clobetasone butyrate, halobetasone, mometasone, and others. In 2017, Fludroxycortide is expected to dominate the Asia-Pacific topical corticosteroids market with 26.2% market share and is expected to reach USD 229.42 million by 2024, growing at a CAGR of 7.2% in the forecast period 2017 to 2024.

On the basis of purchase mode, Asia-Pacific topical corticosteroids market is segmented into segmented into OTC-based and prescription-based. In 2017, prescription market segment is expected to dominate the Asia-Pacific topical corticosteroids market with 71.6% market share and is expected to reach USD 609.60 million by 2024, growing at the highest CAGR of 6.8% in the forecast period 2017 to 2024.

The Asia-Pacific topical corticosteroids market, on the basis of brands is segmented into betnovate, betnovate N, panderm plus, lobate, cosvate G, clop G, tenovate GN, lobate GM, ultiderm, flutivate, fexin, momate, candiderm, and others.

On the basis of application, Asia-Pacific topical corticosteroids market is segmented into acne, dermatitis, psoriasis, skin infection, hyperpigmentation, melasma and others. In 2017, psoriasis is expected to dominate the Asia-Pacific topical corticosteroids market with 42.5% market share and is expected to reach USD 370.88 million by 2024, growing at the highest CAGR of 7.1% in the forecast period 2017 to 2024.

The Asia-Pacific topical corticosteroids market is segmented based on medication type into ointments, creams, liquid & solutions, lotions, gel, oils, pastes, sprays, and others. In 2017, ointments is expected to dominate the Asia-Pacific topical corticosteroids market with 32.1% market share and is expected to reach USD 261.05 million by 2024, growing at a CAGR of 6.1% in the forecast period 2017 to 2024. However, lotions is expected to grow at the highest CAGR of 7.8% in the forecast period, and is expected to reach USD 93.99 million in 2024 from USD 51.55 million in 2016.

The Asia-Pacific topical corticosteroids market is segmented based on potency class into moderate, mild, ultra-high, and high. In 2017, moderate is expected to dominate the Asia-Pacific topical corticosteroids market with 41.4% market share and is expected to reach USD 359.89 million by 2024, growing at the highest CAGR of 7.1% in the forecast period 2017 to 2024.

View Full Report @ http://databridgemarketresearch.com/reports/asia-pacific-topical-corticosteroids-market/

The Asia-Pacific topical corticosteroids market is segmented based on end-user into three notable segments; hospital, dermatology clinics, homecare and others. In 2017, dermatology clinics is expected to dominate the Asia-Pacific topical corticosteroids market with 44.4% market share and is expected to reach USD 387.44 million by 2024, growing at the highest CAGR of 7.1% in the forecast period 2017 to 2024.

The Asia-Pacific topical corticosteroids market is segmented based on distribution channel into four notable segments; hospital pharmacies, pharmacy stores, online pharmacies and others. In 2017, pharmacy stores is expected to dominate the Asia-Pacific topical corticosteroids market with 44.6% market share and is expected to reach USD 390.11 million by 2024, growing at the highest CAGR of 7.2% in the forecast period 2017 to 2024.

Key Drivers: Asia-Pacific Topical Corticosteroids Market

Asia-Pacific topical corticosteroids market is growing with the increasing prevalence of chronic disease or condition, rise in aging population, growth in topical drug delivery, increasing research and development, new product launches are furthermore boosting the growth of the global topical corticosteroids market.

Key Points: Asia-Pacific Topical Corticosteroids Market

Asia-Pacific topical corticosteroids market is dominated by LEO Pharma, followed by Glaxosmithkline Plc and Pfizer Inc.

Fludroxycortide segment is expected to dominate the Asia-Pacific topical corticosteroids market.

The topical corticosteroids market in the Asia-Pacific region is leading in Japan, China, India and South Korea. Japan accounts for the highest market share in this region.

For More Details In-Depth Enquiry @ http://databridgemarketresearch.com/inquire-before-buying/?dbmr=asia-pacific-topical-corticosteroids-market

Related Report

Global Topical Corticosteroids Market – Industry Trends and Forecast to 2024

Global Topical Corticosteroids Market By Molecule Name (Fludroxycortide, Triamcinolone Acetonide, Fluocinolone Acetonide, Antiseptics, Betamethasone, Clobetasone Propionate, Clobetasone Butyrate, Halobetasone, Mometasone, Others), Brands, Purchase Mode (OTC-Based, Prescription-Based), Application, Medication Type, Potency Class, End User (Hospital, Dermatology Clinics, Homecare, Others), Distribution Channel, Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Report Access: http://databridgemarketresearch.com/reports/global-topical-corticosteroids-market/

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Website: http://databridgemarketresearch.com

This release was published on openPR.