Rosacea Treatment Market Anticipated To Register A CAGR Of 6.8% For The Forecast Period From 2018 To 2025 : Grand View Research Inc.

Rosacea Treatment Market Anticipated To Register A CAGR Of 6.8% For The Forecast Period From 2018 To 2025 : Grand View Research Inc.

“Grand View Research, Inc. – Market Research And Consulting”
According to report published by Grand View Research,Proactive government initiatives, advanced formulations, and high disease prevalence are some factors contributing to the Rosacea Treatment market growth

According to a report,” Rosacea Treatment Market Size, Share & Trends Analysis Report By Drug Class (Alpha Agonists, Antibiotics, Retinoids, Corticosteroids), By Mode of Administration (Topical, Oral), By Region, And Segment Forecasts, 2019 – 2025 “ published by Grand View Research, Inc., .The global rosacea treatment market size is expected to reach USD 2.6 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.8% over the forecast period. Several factors such as an advanced formulations and high prevalence of the disease are forecasted to fuel the market growth.

Rosacea affects more than 400 million people worldwide and the global incidence among adults is estimated at 5%. Less than 1.5 million patients seek treatment, making it a highly underdiagnosed condition. This disease has a higher incidence in women than men, with several studies claiming a possible association between rosacea and menopause. In the absence of an absolute cure, treatment options are largely focused on management of the disease.

The market for rosacea treatment is majorly genericized due to multiple patent expiries, leading to a highly fragmented therapeutic landscape. Rosacea is an underdiagnosed condition and is frequently misdiagnosed as acne. Off-label use of therapeutics pose an intensely competitive space for rosacea-specific treatments.

Key Takeaways from the report:

  • The topical drugs segment held over 65% market share in 2017. These drugs are generally prescribed as first-line treatments and are preferred over other options in terms of convenience and results

  • Alpha agonists is anticipated to be the fastest growing drug class, with a CAGR of over 8% during the forecast period

  • Geographically, North America and Europe are the leading regions as the disease tends to affect people with fair/light skin. Asia Pacific is anticipated to witness the fastest growth owing to improved economic and healthcare scenario

  • Key players operating in the rosacea treatment market include Bayer Schering AG; Bausch Health Companies Inc.; Foamix Pharmaceuticals; Nestlé S.A.; and Allergan Plc.

U.S. rosacea treatment market size, by mode of administration, 2014 - 2025 (USD Million)

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Topical therapies remain the mainstay for treatment. Topical products captured more than 60% market share in 2017. Although topical items are expected to maintain their lead over oral medicines through the forecast period, the market is witnessing a paradigm shift supported by the increasing inclination towards combination products.

Therapeutic options available for rosacea treatment are antibiotics, alpha agonists, retinoids, immunosuppressants, corticosteroids, antihypertensive agents, and others. Antibiotics are prescribed for the first-line treatment, making them the dominant drug class in 2017-a trend expected to continue through 2025.

The rosacea treatment market growth is supported by strong commercial sales from key products such as Rhofade, Mirvaso, Oracea, MetroGel, Noritate, and Finacea. Although increased penetration of generic drugs is a constraining factor, the impending launch of several promising pipeline products indicate an optimistic future for the global market.

Grand View Research has segmented the global rosacea treatment market based on drug class, mode of administration, and region:

Rosacea Treatment Drug Class Outlook (Revenue, USD Million, 2014 – 2025)

  • Antibiotics

  • Alpha agonists

  • Retinoids

  • Corticosteroids

  • Immunosuppressants

  • Antihypertensive Agents

  • Others

Rosacea Treatment Mode of Administration Outlook (Revenue, USD Million, 2014 – 2025)

  • Topical

  • Oral

Rosacea Treatment Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

  • Latin America

    • Brazil

    • Mexico

  • Asia Pacific

    • Japan

    • China

    • India

  • Middle East & Africa

    • South Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

 

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