Atopic Dermatitis Market – Overview
Atopic dermatitis is a disease that affects the people with super sensitive skin. A common type of eczema, atopic dermatitis can misguide the immune system and lead later to chronic diseases. Mostly infants and children suffer from this disease, and it includes hay fever, food allergies, allergic asthma, and anaphylaxis. The global atopic dermatitis market can achieve a substantial 8.2% CAGR during the forecast period (2017-2023), reports Market Research Future (MRFR) in an in-depth analysis of the said market. It further includes drivers that are impacting the atopic dermatitis market such as atopic disorders, falling number of proteins called filaggrin in the skin, improving technology ushering in new treatment methods and government investments in research & development (R&D) are pushing the market ahead.
However, the atopic dermatitis market is experiencing whistle-stop growth owing to the availability of expensive treatment and poor reimbursement policies in developing regions across the world. But the latest technological revamping in those regions can assist the market in regaining its market impact faster than previously imagined.
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Atopic Dermatitis Market – Competitive Dashboard
The global market is witnessing several tactical steps getting implemented by major companies that include mergers, acquisitions, new product launch, collaboration, and others. Novartis has recently launched a monoclonal antibody treatment, MOR106 which can prove beneficial for atopic dermatitis. The National Institute for Health and Care Excellence (NICE), on the other hand, has prescribed Dupixent for patients with moderate or high atopic dermatitis.
Some of crucial the players in the atopic dermatitis market are Astellas Pharma Inc. (Japan), Sanofi S.A. (France), Regeneron Pharmaceuticals, Inc. (U.S.), Valeant Pharmaceuticals International, Inc (Canada), Anacor Pharmaceuticals Inc. (U.S.), Novartis International AG (Switzerland), Bristol-Myers Squibb (U.S.), Meda Pharmaceuticals (U.S.), Pfizer Inc. (U.S.), Galderma S.A. (Switzerland), Allergan Plc. (Republic of Ireland), and others.
Atopic Dermatitis Market – Segmentation
The global atopic dermatitis market can be segmented by types, application, and end-user.
Type-wise, the atopic dermatitis market can be segmented into hormone, erythropoietin, monoclonal antibodies, interferon, calcitonin, and others.
Application-wise, the atopic dermatitis market includes cancer, blood disorders, chronic diseases, infectious diseases, and others.
Based on end-users, the atopic dermatitis market comprises hospitals, clinics, and research centers.
Atopic Dermatitis Market – 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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Atopic Dermatitis Market – Regional Analysis
Geographical analysis of the atopic dermatitis market spans across the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas is currently leading the market, and its superior infrastructure has made it possible. High investment in healthcare, increasing government funding in R & D, inflating patient pool and growing use of skin irritants such as perfumes and cosmetics are boosting the market substantially.
Europe holds the second position and follows the American model of infrastructure for better output. Furthermore, countries such as France and Germany have increased their healthcare expenditure which ensures considerable growth for the regional market. The AAPC is anticipated to be the fastest growing country with countries such as India, China, and South Korea investing heavily in the healthcare sector. India and South Korea are also generating substantial demand for atopic dermatitis treatment. However, the MEA market is not looking that promising as lack of screening of diseases and ignoring it further are rampant, coupled with poor treatment facilities.
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