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Atopic Dermatitis Drugs Market By Drug Type (Corticosteroids, PDE4 Inhibitors, Biologics, Skin Barrier Emollients, CNI Immunosuppressants, Others), Route of Administration (Injectable, Topical, Oral), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), by Region, Forecast By 2030

  • PUBLISHED ON
  • 2024-09-27
  • NO OF PAGES
  • 221
  • CATEGORY
  • Healthcare & Life Sciences
Market Overview

Atopic Dermatitis Market is valued at US $5.65 Billion in 2022 is anticipated to reach a value of US $8.60 Billion in 2030, growing at a CAGR of 5.4%.

Dermatological disorders are highly prevalent in various forms across the globe. According to the World Health Organization, more than 900 million people were affected by skin diseases.

Out of these diseases, atopic dermatitis affects more than 300 million people globally.
Around one-fifth of the victims include children. This increased incidence of this disease is expected to leverage the growth of the atopic dermatitis market in the foreseeable future.

Other factors, such as the development of novel pipeline drugs and rising demand for new biologics and product approvals, are also expected to augment atopic dermatitis drugs demand.

Market Description

Atopic dermatitis is the type of eczema; patients who are suffering with this disease have super sensitive skin and a less threshold for irritation.
Atopic dermatitis consists of hay fever, allergic asthma, atopic dermatitis, food allergies and anaphylaxis.

The rapid development of novel pipeline drugs is expected to accelerate the market growth in the forecast period.

Likewise, the rise in demand for new biologics and product approvals are also predictable to enhance the atopic dermatitis market growth.
Furthermore, the favourable reimbursement policies in emerging countries and high prevalence of atopic dermatitis are also projected to drive the market growth rate.

Also, the increase in awareness regarding the availability of treatments for the disease and various initiatives undertaken by governments to provide better and more affordable treatment are also expected to influence the atopic dermatitis market growth globally.

Key Trends Of Atopic Dermatitis Market

Corticosteroids Remain the Drug Of Choice

Corticosteroids are referred as the first choice of treatment for the inflammation and pain relief. These medications are known to have effects, for example, decreasing tingling, allergic reaction, swelling and redness.

Around 30 corticosteroid compounds have been licensed for atopic dermatitis treatment, of which ‘hydrocortisone’ is considered as the first. In addition, increasing innovations have resulted in the advent of topical non-corticosteroids immunomodulators and target medications, for example, immunomodulators such as pimecrolimus and tacrolimus, which in turn, is likely to fuel the growth of the atopic dermatitis treatment market. Moreover, topical corticosteroids are expected to play an important role in the atopic dermatitis treatment.

Rise in Awareness Regarding The Availability Of Treatments For The Disease

Initiatives undertaken by governments to provide better and more affordable treatment and the presence of favorable reimbursement policies are likely to provide an upthrust to the market. Furthermore, growing acceptance of targeted therapies such as Eucrisa and Dupixent is also working in favor of the market.

High cost of therapeutics is one of the key roadblocks in the upward climb of the market. However, affordable healthcare measures are being incorporated across all major regions, impacting pricing strategies of companies as well as reimbursement scenarios.

Segmental Analysis Of Atopic Dermatitis Market

Based On Drug Class

• Corticosteriods
• Calcenriun Inhibitors
• PDE4 Inhibitors
• Biologic
• Others

Corticosteroids have been the mainstay for AD treatment. Being the first-line therapy, this drug class is projected to maintain sizeable share in the market through 2022. Corticosteroids accounted for about 45.0% share in the market.

Calcineurin inhibitors are proven to increase the chances of nephrotoxicity and carcinogenesis. Non-specificity, toxic effects, and development of resistance to this therapeutic class are poised to stifle the growth of the segment and encourage switching to other targeted therapies.

Based On Route Of Administration

• Oral
• Injectable
• Tropical

Topical products led the market and represented 70.0% of the market. Topical corticosteroids are the most widely prescribed medications for AD. They are often administered in combination with moisturizers or emollients for more effective results.

Based On Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

Geographical Analysis Of Global Atopic Dermatitis Market:

 Atopic Dermatitis Market is further segmented into five major countries- North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

The U.S. market is anticipated to register a healthy CAGR during the forecast period. Increasing incidence of atopic dermatitis, soaring treatment rate, and inflated drug prices are some of the key trends augmenting revenue generation in the country.

Increased awareness about atopic dermatitis, favourable medical reimbursement policies and well-established healthcare facilities are projected to leverage Europe’s market share.

Competitive Landscape

Abbvie INC., Bausch Health Companies Inc., Bayer AG, Bristol-Myers Squibb Company, Pfizer, Eli Lilly, Teva Pharmaceutical Industries Ltd., Novaritis AG, Sanofi S.A, GlaxoSmithKline PLC.

Region Covered

• North America (US, Canada, Mexico)
• Europe (Spain, Italy, UK, Germany, France, Russia)
• Asia-Pacific (India, China, Japan, Australia, South Korea)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (UAE, Saudi Arabia, South Africa)

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size and growth projections?

The Global Atopic Dermatitis Market is valued at US $5.65 Billion in 2022 is anticipated to reach a value of US $8.60 Billion in 2030, growing at a CAGR of 5.4%.

What are the drivers shaping various markets?

Initiatives undertaken by governments to provide better and more affordable treatment and the presence of favorable reimbursement policies are likely to provide an upthrust to the market. Furthermore, growing acceptance of targeted therapies such as Eucrisa and Dupixent is also working in favor of the market.

Who are the key competitors of market Players?

Some of the major players operating within the market are Abbvie INC., Bausch Health Companies Inc., Bayer AG, Bristol-Myers Squibb Company, Pfizer, Eli Lilly, Teva Pharmaceutical Industries Ltd., Novaritis AG, Sanofi S.A, GlaxoSmithKline PLC.

What are the top performing segments, and countries / regions of each of the markets?

The Global Atopic Dermatitis Market is further segmented into five major countries- North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

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