Chemotherapy-Induced Acral Erythema Market Scope
Treatment-induced acryl erythema is a dosage-dependent condition that can be treated by stopping the chemotherapy or reducing the dose. Symptomatic treatment with analgesics and antihistaminic medications to decrease pain and edema is used to treat chemotherapy-induced acryl erythema. Acral erythema, also known as a hand-foot syndrome or palmar-plantar erythrodysesthesia, is characterized by swelling, redness, paraesthesia (numbness), and desquamation (skin peeling) of the palms, soles, and, on rare occasions, the knees and elbows.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Taro Pharmaceutical Industries Ltd. (United States), Oceanside Pharmaceuticals, Inc. (United States), Pfizer (United States), Novartis AG (Switzerland), A-S Medication Solutions (United States), Preferred Pharmaceuticals, Inc. (United States), Syntex Pharmaceuticals Inc. (United States) and Valeant Canada LP (Canada) |
CAGR | 2.9% |
The Chemotherapy-Induced Acral Erythema players are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. Several companies have launched methods of Chemotherapy-Induced Acral Erythema as a lifesaving step. These adoptions make companies remain competitive in the market. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Chemotherapy-Induced Acral Erythema market throughout the predicted period.
Taro Pharmaceutical Industries Ltd. (United States), Oceanside Pharmaceuticals, Inc. (United States), Pfizer (United States), Novartis AG (Switzerland), A-S Medication Solutions (United States), Preferred Pharmaceuticals, Inc. (United States), Syntex Pharmaceuticals Inc. (United States) and Valeant Canada LP (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Technilab Pharma, Inc. (Canada), Allergan, Plc. (United States), Pfizer Inc (United States) and Biohaven.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Chemotherapy-Induced Acral Erythema market by Type , by Application (Pharmacy and Drugstores, Hospital Pharmacy and Online Drug Stores) and Region with country level break-up.
On the basis of geography, the market of Chemotherapy-Induced Acral Erythema has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In Feb 2022, Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro”) announced that it had completed its acquisition of Alchemee, formerly The Proactiv Company (TPC), from Galderma. The acquisition includes Alchemee’s global operations and assets.
In May 2022, Pfizer Inc. and Biohaven Pharmaceutical announced that they have reached a definitive agreement in which Pfizer will acquire Biohaven, the maker of an innovative dual-acting migraine therapy approved for both acute treatment and episodic migraine prevention in adults.
“As per NCBI Prevention and treatment information (HHS), Acral erythema is also known as hand-foot syndrome (HFS) or palmar-plantar erythrodysesthesia (PPE). Many traditional chemotherapeutic drugs, as well as newer molecular targeted treatments, induce this side effect. Painful, severe erythema of the palms and soles might lead to the development of vesicles or bullae. Patients and their families must be informed about the disease in order to keep track of the symptoms. When a disease is diagnosed, choices about lowering the dose or stopping therapy must be made with shared decision making, based on the overall clinical state and severity of symptoms.”
Influencing Trend:
Advancement of Chemotherapeutic Agents
Market Growth Drivers:
The demand for Chemotherapeutic Agents due to the Increasing Incidence of Cancers and Increased Investment in Research and Development
Challenges:
Lack of Trained Technicians and Treatment Methods in Developing Countries
Restraints:
Lack of Awareness Associated with Chemotherapy-Induced Acral Erythema
Opportunities:
Emerging New Indications of Some Drugs and New Therapies for the Treatment
Key Target Audience
Chemotherapy-Induced Acral Erythema Treatment, Chemotherapy-Induced Acral Erythema Association, Testing Laboratories, Research and Development Institutes, Financial Institutes and Investors, Regulatory Bodies and Others