Global Atopic Dermatitis Drugs Market

Atopic Dermatitis Drugs Market Size, Share, Growth Analysis, By Drug Class(Corticosteroids, Calcineurin Inhibitors, PDE4 Inhibitors, Biologics), By Route Of Administration(Topical, Injectable, Oral), By Distribution Channel(Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35I2166 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 62 | Figures: 75

Atopic Dermatitis Drugs Market Dynamics

Atopic Dermatitis Drugs Market Drivers

High Incidence of Atopic Dermatitis 

  • Rising prevalence of atopic dermatitis around the world owing to changes in environment, urbanization, and genetic predisposition are expected to boost the demand for atopic dermatitis drugs over the coming years. The incidence of atopic dermatitis is slated to be especially high among children and young adults going forward.  

Growing Awareness and Diagnosis 

  • Awareness regarding multiple dermatological conditions is increasing around the world as people become more conscious about their aesthetic and physical appearances. This has also led to higher diagnosis of atopic dermatitis thereby also boosting the sales of atopic dermatitis drugs and effective therapies for the treatment of the same.  

Atopic Dermatitis Drugs Market Restraints 

Side Effects and Safety Concerns 

  • Use of some atopic dermatitis drugs is associated with certain side effects and raises some serious concerns for long-term patient safety as well. For instance, systemic immunosuppressants used for treatment of atopic dermatitis are associated with adverse effects such as infections or liver toxicity, which result in poor quality of life for patients thereby impeding atopic dermatitis drugs market growth potential as well.  

High Costs of Biologic Therapies 

  • Biologic atopic dermatitis drugs are often priced higher owing to their high efficacy and extensive effort involved in R&D. These high costs deter patients with limited insurance coverage and limited spending potential from opting for biologic atopic dermatitis drugs, which in turn, hurts market development going forward.  
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FAQs

Global Atopic Dermatitis Drugs Market size was valued at USD 13.65 billion in 2022 and is poised to grow from USD 14.91 billion in 2023 to USD 30.14 billion by 2031, growing at a CAGR of 9.2% during the forecast period (2024-2031).

Atopic dermatitis drug suppliers should focus on expanding their business scope across multiple regions to boost sales in the future. Developing affordable yet effective biologic drugs is slated to be the prime focus of almost all atopic dermatitis drug companies going forward. Acquiring product approvals from regulatory bodies and increasing awareness regarding atopic dermatitis are also key strategies for atopic dermatitis drug providers in the long run.   'Pfizer Inc. (US)', 'Sanofi (France)', 'AbbVie Inc. (US)', 'GALDERMA LABORATORIES, L.P. (Switzerland)', 'Eli Lilly and Company (US)', 'Regeneron Pharmaceuticals Inc. (US)', 'LEO Pharma Inc. (Denmark)', 'Otsuka Pharmaceutical Co., Ltd. (Japan)', 'Novartis AG (Switzerland)', 'Incyte Corporation (US)', 'Astellas Pharma Inc. (Japan)', 'Bristol Myers Squibb (US)', 'Johnson & Johnson (US)', 'Takeda Pharmaceutical Company Limited (Japan)', 'GlaxoSmithKline plc (UK)', 'Boehringer Ingelheim International GmbH (Germany)', 'Celgene Corporation (US)', 'Meda AB (Sweden)', 'Pierre Fabre Group (France)', 'Bayer AG (Germany)'

Rising prevalence of atopic dermatitis around the world owing to changes in environment, urbanization, and genetic predisposition are expected to boost the demand for atopic dermatitis drugs over the coming years. The incidence of atopic dermatitis is slated to be especially high among children and young adults going forward.  

Use of JAK Inhibitors: Atopic dermatitis drug providers should focus on the use of JAK (Janus kinase) inhibitors to maximize their business scope in the future. rapid symptom relief and addressing unmet needs of patients affected from atopic dermatitis are benefits of using JAK inhibitors such as upadacitinib and abrocitinib. Focusing on the use of JAK inhibitors is slated to emerge as a prominent atopic dermatitis drugs market trend through 2031.  

The presence of leading atopic dermatitis drug providers allows North America to account for a prominent chunk of the global atopic dermatitis drugs market size in the future. High healthcare spending potential, high prevalence of dermatological diseases, and availability of favorable reimbursement policies are estimated to further cement the dominance of North American region. The United States is estimated to bring in the most revenue for atopic dermatitis drug providers looking to make a mark in this region. Rising investments in R&D of novel dermatitis treatments and frequent product approvals are also creating new opportunities for atopic dermatitis drug suppliers in North America.  

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Global Atopic Dermatitis Drugs Market

Report ID: SQMIG35I2166

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