Report ID: SQMIG35I2166
Report ID:
SQMIG35I2166 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
62 |
Figures:
75
Atopic Dermatitis Drugs Market size was valued at USD 14.91 Billion in 2023 and is poised to grow from USD 16.28 Billion in 2024 to USD 32.91 Billion by 2032, growing at a CAGR of 9.2% during the forecast period (2025-2032).
Growing incidence of atopic dermatitis around the world and increasing awareness regarding the same are forecasted to bolster the sales of atopic dermatitis drugs over the coming years. Rising spending of people on dermatological procedures and high emphasis on providing pediatric dermatology procedures are estimated to bolster the demand for atopic dermatitis drugs in the future. Advancements in drug development technologies and rising investments in R&D of novel atopic dermatitis drugs are also slated to create new opportunities for market players going forward. Topical corticosteroids, calcineurin inhibitors, immunomodulators, and biologic agents are being used extensively for the treatment of atopic dermatitis in the long run. However, high costs of biologic therapies, side effects and safety concerns, challenges in long-term management, and limited access in low to middle income companies are projected to hurt the sales of atopic dermatitis drugs on a global level through 2031 and beyond. US Atopic Dermatitis Drugs Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35I2166