About Dermatological Therapeutics
Dermatology is the science that is concerned with the diagnosis and treatment of diseases of the skin, hair and nails, which occurs due to range of things, like infections, heat, allergens, system disorders and medications. Primary common skin disorders are dermatitis and the atopic dermatitis is associate chronic condition that causes restless, inflamed skin. Most commonly it seems as patches on the face, neck, trunk or limbs. It tends to flare up sporadically so subside for a time. Dermatology diagnosis the normal and disorders, diseases, cancers, cosmetic and ageing conditions of the skin, fat, hair, nails and genital membranes, with the help of different investigations and therapies, including but not limited to dermatohistopathology, topical and systemic medications, dermatologic surgery and dermatologic cosmetic surgery, immunotherapy, laser therapy, radiotherapy and photodynamic therapy.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Dermatological Therapeutics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AbbVie Inc. (United States), Amgen Inc. (United States), Almirall SA (Spain), Bausch Health Companies Inc. (Canada), Galderma SA (Switzerland), GlaxoSmithKline PLC (United Kingdom), Bayer AG (Germany), Johnson & Johnson (United States), Novartis International AG (Switzerland), Pfizer Inc. (United States), Mallinckrodt plc (United Kingdom), Mersana Therapeutics, Inc. (United States), Novavax, Inc. (United States) and Amarin Corporation plc (Ireland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Hoth Therapeutics, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Dermatological Therapeutics market by Type (Anti-infectives , Corticosteroids, Anti Psoriasis, Anti-acne and Others), Application (Acne, Dermatitis, Psoriasis, Skin Cancer, Rosacea, Alopecia and Others) and Region.
On the basis of geography, the market of Dermatological Therapeutics 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). If we see Market by Drug Type, the sub-segment i.e. Prescription-Based Drugs will boost the Dermatological Therapeutics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Route of Administration, the sub-segment i.e. Topical will boost the Dermatological Therapeutics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Class, the sub-segment i.e. Anti-infectives will boost the Dermatological Therapeutics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Rapid Diagnosis
Market Growth Drivers:
Increasing Incidence Of Skin Cancer And Other Skin Disorders and Growing Levels of Awareness-Related Disease Progression, Etiology
Challenges:
Lack of Professionals Doctors
Restraints:
Serious Side Effects for Some Classes of Therapeutic Drugs and Stringent Government Regulations on Dermatological Drugs
Opportunities:
Development of Innovative Products by Manufacturers
Market Leaders and their expansionary development strategies
On October 6, 2023, Galderma, a global leader in dermatology, announced the acquisition of Aclaris Therapeutics, a US-based biopharmaceutical company focused on rare skin diseases. This deal strengthens Galderma's portfolio in niche markets and provides access to promising late-stage pipeline assets.
On September 12, 2023, LEO Pharma and Galderma announced a research and development collaboration to identify and develop novel treatments for atopic dermatitis (eczema). This partnership combines LEO Pharma's expertise in immunology with Galderma's strength in dermatology to accelerate the development of innovative therapies.
Key Target Audience
Manufacturers of Dermatology Drug, Suppliers of Dermatology Drug, Wholesalers, Distributors and Retailers of Dermatology Drug, Pharmaceutical Industry, Regulatory Bodies and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.