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The eczema therapeutics market size is forecast to increase by USD 5.81 billion at a CAGR of 10.28% between 2023 and 2028.
The eczema therapeutics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The atopic dermatitis segment is estimated to witness significant growth during the forecast period.
Atopic dermatitis, a chronic inflammatory skin disorder affecting around 10% of the global population, is a common type of eczema that can persist from childhood into adulthood. Characterized by intense itching, redness, and skin irritation, this non-contagious condition is more prevalent in developed countries and urban areas. The immune system plays a significant role in its development, with contributing factors including genetics, environmental allergens, and stress. Medical therapies for atopic dermatitis include topical treatments like emollients, steroid creams, and PDE4 inhibitors, as well as injectable corticosteroids and immunomodulators like interleukin inhibitors. Antihistamines and antibiotics are also used to alleviate symptoms such as itching and skin infections.
Probiotics have shown promise in improving the skin barrier function and reducing inflammation. Skin irritants like harsh soaps, detergents, and certain foods can trigger flare-ups. Hand sanitizers, although essential for maintaining hygiene, can also contribute to dryness and irritation. Roseomonas mucosa, a bacterium commonly found on the skin, may exacerbate symptoms in individuals with atopic dermatitis. Online pharmacies offer convenience for patients seeking access to steroid medicines and other treatments for atopic dermatitis. However, it is essential to consult with healthcare professionals for proper diagnosis and treatment plans to ensure the most effective and safe management of this condition.
The Atopic dermatitis segment was valued at USD 5.13 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 42% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The North American market for metal additive manufacturing holds a substantial share in 2023, driven by factors such as early adoption of advanced therapies, a large susceptible population, and well-established healthcare infrastructure. This region's high awareness of the importance of timely treatment for skin conditions, including eczema, dermatitis, and rashes, fuels market growth. Favorable reimbursement policies, expanding collaborations between key players and contract research organizations in emerging markets, and significant healthcare expenditure further propel market expansion. In the US, numerous clinical trials are underway to evaluate innovative treatments for various skin diseases, such as atopic eczema and hand dermatitis.
These trials utilize a range of therapeutic approaches, including topical steroids, immunomodulators, interleukin inhibitors, and corticosteroid injections. Additionally, emerging treatments, such as probiotics, foam delivery systems, and PDE4 inhibitors, show promise in addressing skin irritation, redness, and itching symptoms. The immune system plays a crucial role in skin health, and medical therapies, including antihistamines and antibiotics, are employed to modulate immune responses and combat infections. Online pharmacies facilitate convenient access to these medicines, ensuring timely treatment for patients. Emollients and ointments provide essential moisture to maintain the skin barrier, mitigating the symptoms of skin disorders. The market is expected to continue demonstrating robust growth during the forecast period due to these factors and the ongoing development of novel therapeutic approaches.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The eczema therapeutics market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the eczema therapeutics market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, eczema therapeutics market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
AbbVie Inc. - The company specializes in developing eczema therapeutics for adults and adolescents suffering from moderate to severe atopic dermatitis. Our flagship product, Rinvoq, is a notable solution in this field. This medication provides effective relief, contributing significantly to the advancement of dermatology treatments. Rinvoq's innovative mechanism of action sets it apart from traditional therapies, enhancing its therapeutic potential. By targeting specific inflammatory pathways, it offers a more targeted approach to managing the symptoms of atopic dermatitis. This commitment to scientific discovery and therapeutic innovation underscores our dedication to improving the lives of those affected by this condition.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses a range of treatments designed to alleviate the symptoms and address the underlying causes of various skin disorders, including atopic eczema and hand dermatitis. These conditions are characterized by skin redness, irritation, and itching, which can significantly impact an individual's quality of life. Genetics plays a role in the development of eczema, with certain genetic variations increasing an individual's susceptibility. However, environmental factors, such as exposure to allergens and irritants, can trigger the onset and exacerbate symptoms. Moisturizers are a common first-line treatment for eczema, as they help maintain the skin barrier and prevent water loss, reducing the likelihood of irritation and inflammation.
Topical steroids are another widely used therapeutic option, effective in reducing inflammation and suppressing the immune response. Recent advancements in eczema therapeutics include the development of foam delivery systems for topical steroids, which improve patient compliance and reduce the risk of side effects associated with prolonged use. Probiotics have also emerged as a promising therapeutic approach, with some studies suggesting they may help restore the skin microbiome and improve symptoms. Skin irritation and itching are common symptoms of eczema, and antihistamines and corticosteroid medicines are often used to alleviate these symptoms. However, long-term use of corticosteroids can lead to side effects, including thinning of the skin and increased susceptibility to infections.
Interleukin inhibitors and immunomodulators are newer classes of drugs that target the underlying immune system dysregulation associated with eczema. These medications can be administered topically or injectable, depending on the severity of the condition. Hand sanitizers and harsh soaps can exacerbate eczema symptoms, making emollients essential for maintaining healthy skin. Roseomonas mucosa, a bacterium found in the human microbiome, has been shown to produce a compound that may help alleviate skin inflammation and reduce the need for topical steroids. Medical therapies for eczema include phototherapy, which uses ultraviolet light to reduce inflammation, and wet wrap therapy, which involves applying wet dressings to the affected areas to improve the penetration of topical treatments.
PDE4 inhibitors are another therapeutic option, effective in reducing inflammation and itching. The market is continually evolving, with ongoing research and development efforts focused on improving existing treatments and discovering new therapeutic approaches. Online pharmacies offer convenience and accessibility for patients seeking these treatments, providing a range of options for managing eczema symptoms.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Eczema Therapeutics Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
172 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 10.28% |
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Market growth 2024-2028 |
USD 5.81 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
9.55 |
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Key countries |
US, Canada, Germany, UK, and China |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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