The global hidradenitis suppurativa market has been evaluated as a steady growing market and it is expected to continue growing in the near future. Increasing cases of various chronic inflammatory skin diseases are key factor for the market growth. New drug development and introduction of new treatments are also important factors for the market growth.
The market for hidradenitis suppurativa was around USD 572.5 million in 2016 and is expected to reach USD 763.6 million by 2023 and is projected to grow at a CAGR of 4.2% during the forecast period from 2017-2023.
Major players in hidradenitis suppurativa market:
- AbbVie Inc. (US),
- Allergan (Republic of Ireland),
- AstraZeneca (UK),
- GlaxoSmithKline plc. (UK),
- Johnson & Johnson Services, Inc. (US),
- Merck & Co., Inc. (US),
- Pfizer Inc.(US),
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Major players of this market are mainly focusing on new product development and launches. They are also preferring investment in R&D that leading to increasing clinical trials. These companies are working with various government as well as non-government organizations, and research centers to derive effective cure for this rare disease.
Product approval is very crucial part for any company. In 2015, American pharmaceutical company got approval for HUMIRA by European Commission as well as US Food and Drug Administration (FDA). HUMIRA can used for effective treatment of moderate to severe Hidradenitis Suppurativa (HS).
Global Hidradenitis suppurativa market has been segmented
On the basis of skin conditions which comprises of pimples, folliculitis, deep-acne, boils, and, and others. Folliculitis is further sub-segmented into bacterial folliculitis, hot tub folliculitis (pseudomonas folliculitis), barber’s itch (pseudofolliculitis barbae), pityrosporum folliculitis, and others. Deep-acne is further sub-segmented into cysts, blackheads, and others. Boils are further sub-segmented into furuncle or carbuncle, cystic acne, pilondial cyst, and others.
On the basis of treatment, the market has been segmented into medications, surgery, laser treatment, Photodynamic Therapy (PDT), and others. Medication is further sub-segmented into antibiotics, antiandrogens, immunosuppressive drugs, hormones, pain medication, zinc supplements, sulphones, retinoids, and others. Surgery is further sub-segmented into Punch debridement, Incision and drainage, surgical removal, issue-sparing excision with electrosurgery, and others.
On the basis of end user, it is segmented into hospitals, dermatology clinics, medical research centers, academic institutes, and others.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Hidradenitis Suppurativa Market- Global Forecast till 2023”
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Table of Content
1. Report Prologue
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
4.4 Mega Trends
4.5 Macroeconomic Indicators
5. Market Factor analysis
5.1 Value Chain Analysis
5.2 Porters Five Forces
5.3 Demand & Supply: Gap Analysis
5.4 Pricing Analysis
5.5 Investment Opportunity Analysis
5.6 Merger and Acquisition Landscape
5.7 Upcoming trends
5.7.1 Market trends
5.7.2 Technological trends
5.7.3 Insurance & Regulations
6. Global Hidradenitis Suppurativa Market By Skin Conditions
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