Atopic Dermatitis Market Revenues to Reach USD 13.28 billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence

Atopic Dermatitis Market Revenues to Reach USD 13.28 billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence

GlobeNewswire

Published

Hyderabad, Aug. 02, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled "Atopic Dermatitis Market Report (2023-2028)," the market is estimated at USD 9.39 billion in 2023. It is expected to register a CAGR of 7.18% during the forecast period.

Atopic dermatitis, which is also known as atopic eczema, is generally referred to as a specific ‘skin condition,’ which patients wrongly believe can be treated at home. It severely impacts the physical and mental condition of a patient.

*Report Summary:*

*Report Attribute* *Details*
Market Size (2023) USD 9.39 billion
Market Size (2028) USD 13.28 billion
CAGR (2023-2028) 7.18%
Study Period 2018-2028
Fastest Growing Market Asia-Pacific
Largest Market North America
Forecast Units Value (USD billion)
Report Scope Market Dynamics, Revenue Forecast and Segmentation, Competitive Landscape, and Recent Developments, Market Growth, Future Opportunities, and Trends
Key Market Drivers Substantial increase in worldwide environmental pollution.
Rise in reactions of food allergies upon patients.

*Who are the Top Companies in the Global Atopic Dermatitis Market?*

The market is moderately competitive in nature, with some major companies dominating the entire market. The landscape consists of both local and international players.

The significant players in the global atopic dermatitis market are,

· Abbvie Inc.
· Allergan PLC
· Bausch Health Companies Inc.
· GlaxoSmithKline PLC
· Nestle SA
· Pfizer Inc.
· Regenron Pharmaceutical Inc.
· Evelo Biosciences
· Cara Therapeutics
· Bristol-Myers Squibb Company
· Sanofi SA
· LEO Pharma

*Other Reports That Might Be of Your Interest:*

· Telemedicine Market Report - The telemedicine market value is estimated at USD 151.42 billion in 2023. It is expected to reach USD 290.01 billion by 2028, registering a CAGR of 13.88% during the forecast period (2023-2028).
· Forensic Medicine Market Report - The forensic medicine market is expected to register a CAGR of 12.01% during the forecast period (2023-2028).

*Key Highlights from the **Global Atopic Dermatitis Market** Report**:*

*Corticosteroids Segment to Dominate the Market*

· Corticosteroids are referred to as medicines that are like cortisones and are generally used to reduce inflammation in the body. These medicines help reduce redness, swelling, itching, and allergic reactions.
· As per National Eczema Association (NEA), corticosteroids are the most prescribed medicine for eczema, as they help control itching and inflammation.

*North American Market to Grow Significantly *

· In the North American region, the United States is expected to hold a substantial share of the market. Major reasons for this are the increasing prevalence of atopic dermatitis and the rising awareness rate among patients in the United States.
· A recent boost in investments in atopic dermatitis prevention and cure contributed substantially to the growth of the market in the region. The estimated amount invested in atopic dermatitis research was USD 46 million in the year 2021 and USD 44 million in the year 2022.

*What are the Latest Developments in the Global Atopic Dermatitis Market?*

· In October 2022, a campaign was launched to raise awareness about atopic dermatitis across different cultures by Leo Pharma. This campaign included the journey of four different patients with chronic skin diseases from Spain, Germany, Italy, and France.
· In June 2022, USFDA approval was received by Sanofi for Dupixent (dupilumab) for children between the ages of six months and five years.

*Mordor Intelligence has Segmented the Global Atopic Dermatitis Market Based on Drug Class, Route of Administration, and Geography: *

· By Drug Class (Market Size and Forecast based on Value (USD billion), 2018-2028)

· Corticosteroids
· Emollients/Moisturizers
· IL-4 and PDE4 Inhibitors
· Calcineurin Inhibitors
· Antibiotics
· Other Drug Classes
· By Route of Administration (Market Size and Forecast based on Value (USD billion), 2018-2028)

· Topical
· Oral
· Injectable
· By Geography (Market Size and Forecast based on Value (USD billion), 2018-2028)

· North America

· United States
· Canada
· Mexico

· Europe

· Germany
· United Kingdom
· France
· Italy
· Spain
· Rest of Europe

· Asia-Pacific

· China
· Japan
· India
· Australia
· South korea
· Rest of Asia-Pacific

· Middle East & Africa

· GCC
· South Africa
· Rest of Middle East & Africa

· South America

· Brazil
· Argentina
· Rest of South America

In a nutshell, the Mordor Intelligence market research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the Global Atopic Dermatitis Market Report (2023-2028).

*Mordor Intelligence constantly tracks industry trends. Some relevant market reports from the analysts that might be of interest to you:*

· Precision Medicine Market Report - The precision medicine market size is estimated at USD 77.02 billion in 2023. It is expected to reach USD 99.24 billion by 2028, registering a CAGR of 5.20% during the forecast period (2023-2028).
· Europe Telemedicine Market Report - The European telemedicine market is expected to register a CAGR of 18.80% during the forecast period (2023-2028).
· Veterinary Medicine Market Report - The veterinary medicine market size is estimated at USD 44.59 billion in 2023. It is expected to reach USD 64.25 billion by 2028, with a CAGR of 7.58% during the forecast period (2023-2028).

*About Mordor Intelligence:*

Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.

Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.

*Attachment*

· Atopic Dermatitis Market - Mordor Intelligence

CONTACT: Company Name: Mordor Intelligence
Email: info@mordorintelligence.com
Phone: +1 617-765-2493
Location: Hyderabad, Telangana
Country: India

Full Article