Industry Background:
Actinic keratoses drugs is refer as the particular range of medicine which is typically intake due to the disease called Actinic Keratosis, the symptoms of this disease is normally occurs on the lips, ears, shoulders, face, bald scalp, neck and back of the hands and forearms. The size of it is ranges from a tiny spot to as much as an inch in diameter, Actinic keratoses usually appear as in small crusty or scaly bumps or “horns.” The base of it can be dark or light skin-colored and may have additional colors like as tan, pink and red. Actinic keratoses can also be treated in surgical way. The drugs used for actinic keratosis include nucleoside metabolic inhibitors, nonsteroidal anti-inflammatory drugs (NSAIDs), photosensitizers and immunomodulatorsThis growth is primarily driven by Higher prevalence of actinic keratosis disease and Awareness about the precaution related to skin disease.
Globally, a noticeable market trend is evident Drug development by modelling of 3D tissue
. The Pharmaceuticals sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Biofrontera (Germany), Almirall (Spain), GALDERMA (Switzerland), LEO Pharma (Denmark), Novartis (Switzerland), Perrigo (Republic of Ireland), Promius Pharma (United States), Taro Pharmaceutical Industries (United States), TOLMAR Pharmaceuticals (United States), Vidac Pharma (Israel) and Valeant (Canada) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Almirall, S.A. announced the finalization of their acquisition of products from Allergan's Medical Dermatology unit in the United States: Aczone (dapsone), Tazorac (tazarotene), Azelex (azelaic acid) and Cordran Tape (flurandrenolide). In addition, sarecycline, a New Chemical Entity currently under FDA review for approval in the treatment of acne is part of the transaction. These portfolio additions further enhance Almirall's presence in the U.S. dermatology space through their subsidiary Aqua Pharmaceuticals
Biofrontera AG an international biopharmaceutical company, announced that patient enrollment started for its U.S. phase III trial for Ameluz(R) for the treatment of superficial basal cell carcinoma (BCC). The study investigates the safety and efficacy of conventional photodynamic therapy (PDT) with Ameluz(R) in combination with the Company's BF-RhodoLED(R) lamp. The U.S. Food and Drug Administration (FDA) has, after intensive assessment, agreed with the protocol of the study
Regulatory Insights:
The US Food and Drug Administration (FDA) has approved five medications for the treatment of actinic keratoses. These are topical 5-fluorouracil (5-FU), 5% and 3.75% imiquimod cream, topical diclofenac gel, ingenol mebutate, and PDT with topical delta-aminolevulinic acid
Market Drivers
- Higher prevalence of actinic keratosis disease
- Awareness about the precaution related to skin disease
Market Trend
- Drug development by modelling of 3D tissue
- Mechanisms for novel drug delivery
- Advancement in the technology of diagnostic
Restraints
- High cost associated with the processing of actinic keratosis drugs
Opportunities
Government regulation regarding the precaution for various disease is gaining the market opportunities for various diseases drugs and A new topical gel now available by prescription significantly decreases the amount of time needed to treat actinic keratosis
Challenges
Alternative treatment options available in the market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Actinic Keratosis Drugs Study Sheds Light on
— The Actinic Keratosis Drugs Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Actinic Keratosis Drugs industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Actinic Keratosis Drugs industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.