Atopic Treatment Market Global Demand Analysis , Size, Share & Opportunity Outlook till 2027 | MRFR
Research Reports
Mar 12, 2022
Market Analysis
The global atopic dermatitis market is projected to grow substantially at a promising 8.2?GR over the predicted years (2017-2023). Atopic dermatitis (AD) or eczema as it is popularly known as is a chronic disease that is inflammatory and is characterized by rashes and itchy skin lesions. Generally, every age group can get affected by this skin disease, but it is more common in case of children and infants. Rising prevalence of skin irritants mainly cosmetics, perfumes, detergents, soaps, and water can produce inflammation. Eczema can be a result of pharmacologic factors, genetic, immunological, or complex interplay of the environment. Every form of eczema causes redness and itching but atopic dermatitis is the most severe. AD may misguide the immune system resulting in chronic diseases later on. It has different patterns resting on the patients’ age. This can occur on the sides of the neck, inside the elbows, knees, ankles, wrists, and hands along with having a tendency of developing papules that results in rashes.
There are many factors that is driving the growth of the atopic dermatitis market. Some of these factors as per the Market Research Future (MRFR) report include increasing prevalence of atopic dermatitis, rising prevalence of food allergies, favorable reimbursement policies, higher treatment compliance, higher unmet needs, promising pipeline molecule, increasing access for treatment medication in developing countries, support from the government for research and development, rising funding and advancing technology. On the contrary, factors such as poor reimbursement policies and side effects from drugs may hinder the growth of the atopic dermatitis market.
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Industry Trend:
The National Eczema Association (NEA) set up recently the Coalition United for Better Eczema Care (CUBE-C) to provide practitioners with latest updates regarding Atopic Dermatitis treatment. The aim this endeavor is creating awareness regarding the disease.
According to an article published in American Society for Clinical Investigation, Roseomonas mucosa (R. mucosa) in recent trials have performed significantly by killing Staphylococcus aureus, a common eczema and skin irritation causing bacteria. The clinical trial has gone as desired and it could revolutionize the treatment procedure.
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Segmental Overview
The segmental analysis provides a comprehensive understanding of the market that allows the identification of numerous growth opportunities of the market. The atopic dermatitis market study has been segmented based on type, application, and end-user.
Based on the type, the atopic dermatitis market has been segmented into interferon, calcitonin, monoclonal antibodies, hormone, erythropoietin, and others.
Based on application, the atopic dermatitis market has been segmented into, infectious diseases, cancer, blood disorders, chronic diseases, and others.
Based on end-users, the atopic dermatitis market has been segmented into research centers, clinics, and hospitals.
Regional Analysis:
By region, the global atopic dermatitis market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas has a lot of factors contributing towards its expansion and acceleration of revenue creation. Some of the factors expected to catapult the regional market on an upward trajectory are increasing patient pool with low quantity of protein filaggrin, high healthcare expenditure, increasing government support for research & development, well-developed technology, etc. The growth strategies devised by the key players present in the region are further expected to fuel the expansion of the atopic dermatitis market.
Europe is anticipated to stabilize itself as the second largest market for atopic dermatitis market. The growth is attributable to the increased research and development activities coupled with government support. Asia Pacific is the fastest growing atopic dermatitis regional market. The growth can be ascribed to the huge patient population, the presence of rapidly developing healthcare technology, and high healthcare expenditure.
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