Search

Atopic Dermatitis Market - Global Size, Share, Trends, Growth and Forecast Year ( 2023 – 2032 )

Atopic Dermatitis Definition

Atopic dermatitis, also known as eczema, is a chronic skin condition that causes itching, redness, and inflammation. The exact cause of atopic dermatitis is not known, but it is thought to be a combination of genetic and environmental factors.

A treatment algorithm for atopic dermatitis would typically start with the use of topical therapies, such as moisturizers and mild corticosteroids. If these are not effective, a healthcare provider may move on to more potent topical corticosteroids or add phototherapy. For patients with moderate-to-severe atopic dermatitis, systemic therapy with immunomodulators or biologics may be considered.


Atopic Dermatitis Market Share and Size

The market size for Atopic Dermatitis Market was USD 14.2 billion in the year 2022. It is expected that the market size for Atopic Dermatitis will increase by approximately USD 33.6 billion by 2032 as the market for Atopic Dermatitis is continuously growing at a compound annual growth rate (CAGR) of 9.0% during the forecast period 2023-2032.


 Atopic Dermatitis Market Report Scope

Base Year

Market Size

2022

USD 14.2 billion

 

Forecast Year

Market Size

 

2032

USD 33.6 billion

CAGR Value

 

9.0% from 2023 to 2032

Segmentation

 

  • By drug class
  • By distribution channel
  • By geography

Challenges

 

  • High cost of treatment
  • Limited treatment options for certain patients
  • Stringent regulatory requirements
  • Reimbursement issues
  • Safety concerns
  • Lack of understanding of the disease

Growth Drivers

 

  • Increasing prevalence of atopic dermatitis
  • Advancements in treatment options
  • Growing awareness of the disease
  • Rising healthcare expenditure
  • Increased R&D investments
  • Growth in the geriatric population

 


Atopic Dermatitis Market Key Drivers

There are various factors which help in the growth of the Atopic Dermatitis Market. They are as follows:

  • Increasing prevalence of atopic dermatitis: The prevalence of the disease is rising, driving the market growth.
  • Advancements in treatment options: The treatments are getting advanced and more effective, driving the market demand.
  • Growing awareness of the disease: More diagnosis is taking place because of the increasing awareness among patients and healthcare providers, leading to market growth.
  • Rising healthcare expenditure: People are spending more on health, driving the market growth for atopic dermatitis.
  • Increased R&D investments: The pharmaceuticals are investing more in the research and development of new drugs, driving market growth.
  • Growth in the geriatric population: The aging population is more prone to atopic disease, driving market growth.

Atopic Dermatitis Market Challenges

There are many challenges which are faced by Atopic Dermatitis Market. They are listed below:

  • High cost of treatment: The cost of treatment is high, due to which all patients could not afford it, which creates a barrier to the market.
  • Limited treatment options for some patients: The traditional treatment is unsuitable for some patients, which can be challenging.
  • Stringent regulatory requirements: The regulations are strict, due to which it takes time to develop a new drug, which may pose a challenge for companies.
  • Reimbursement issues: Some countries have reimbursement issues, and this can limit access to new treatment options.
  • Safety concerns: Some drugs pose severe side-effect, which is a concern for patients and may pose a challenge for healthcare providers.
  • Lack of understanding of the disease: Lack of understanding of the disease to the patient and the healthcare provider may pose a challenge to effective treatment.

Atopic Dermatitis Market Regional Synopsis

  • North America: It is the largest market due to the high prevalence of the condition in the region. There is the availability of advanced treatment options. The United States is a major market.
  • Europe: It is a significant market due to the high prevalence of the condition and advanced treatment options. The market is driven by key players.
  • Asia Pacific: It has the highest growth rate due to increasing awareness of the disease. The market is driven by increasing disposable incomes and a growing geriatric population
  • Rest of the World: Countries such as Latin America, the Middle East, and Africa are included in this region and are expected to grow moderately due to increasing awareness of the disease.

Atopic Dermatitis Market Segmentation

The Atopic Dermatitis Market is segmented into various categories which are listed below:

By drug class:

  • Corticosteroids
  • Calcineurin Inhibitors
  • Immunomodulators
  • Biologics

By distribution channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Atopic Dermatitis Market - Infographic 


Atopic Dermatitis Market Key Players

  • Sanofi
  • Novartis
  • Pfizer
  • GlaxoSmithKline
  • AstraZeneca
  • AbbVie
  • Regeneron
  • Mallinckrodt
  • Others


Need Customized Report for Your Business ?

Utilize the Power of Customized Research Aligned with Your Business Goals

Request for Customized Report
Get 10% discount on any market research report of your choice.
Booklet
  • Publication date: 19th September 2023
  • Base year: 2022
  • Forecast year: 2023-2033
  • Format: PDF, PPT,Word,Excel

- ISO Certified Logo -


Frequently Asked Questions(FAQ)

Atopic dermatitis, also known as eczema, is a chronic, inflammatory skin condition characterized by itching, redness, and dryness.

The major factors driving the growth of the atopic dermatitis market include: • Increasing prevalence of atopic dermatitis • Advancements in treatment options • Growing awareness of the disease • Rising healthcare expenditure • Increased R&D investments • Growth in the geriatric population.

The major challenges facing the atopic dermatitis market include: • High cost of treatment • Limited treatment options for certain patients • Stringent regulatory requirements • Reimbursement issues • Safety concerns • Lack of understanding of the disease.

Some key players in the atopic dermatitis market include Sanofi, Novartis, Pfizer, GlaxoSmithKline, AstraZeneca, AbbVie, Regeneron, and Mallinckrodt.

-: Our Clients :-

Subscribe to Our Company Updates

* We will not share your personal information with anyone
Go Up