Market Overview:
Picato gel is a drug, commonly used for skin problems. This gel contains an active substance known as ingenol mebutate, an inducer of cell death. Picato gel is majorly used for treating actinic keratosis. Hence, the rising number of many skin diseases coupled with cumulating skin cancer is driving the market for these gels.This section provides an analysis of the position of the product or services in the market based on market development and competitive position. It provides an overview of the stages of product growth in the market in the terms of early (historical) phase, middle phase, and future innovation and technologies.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | "Leo Pharma (Denmark), Perrigo (Ireland), DermNet (New Zealand), Bayer Pharmaceuticals (Germany), Pfizer Inc. (United States), Johnson & Johnson. Ltd. (United States), Merck & Co., Inc. (United States), Eli Lilly and Company (United States), GlaxoSmithKline (United Kingdom), Novartis AG (Switzerland), Cipla Ltd. (India) and Dr. Reddy's Laboratories Ltd. (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies 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 showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Picato Gel Market Study:
"Leo Pharma (Denmark), Perrigo (Ireland), DermNet (New Zealand), Bayer Pharmaceuticals (Germany), Pfizer Inc. (United States), Johnson & Johnson. Ltd. (United States), Merck & Co., Inc. (United States), Eli Lilly and Company (United States), GlaxoSmithKline (United Kingdom), Novartis AG (Switzerland), Cipla Ltd. (India) and Dr. Reddy's Laboratories Ltd. (India)
Picato Gel Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Actinic Keratosis and Keratosis |
Type | Type I and Type II |
Distribution Channel | Direct Sale,Distributor |
Market Growth Drivers:
Increasing Skin Diseases across the Globe and Rising Prevalence of Chronic Diseases also is one of the Key for Driving this gel
Challenges:
Concerns Related to Many Kinds of Infections Happening Through this gel
Restraints:
Stringent Government Regulations towards Using these Drugs and Issues Related Towards the Side Effects from this Drug
Opportunities:
Growing Skin Cancer Coupled with the Exposure to the Sun is Increasing the Opportunity and Rising Usages of These Gels in Pregnant Women’s
Some of the other players that are also part of study are Fujifilm Holdings Corporation (Japan),Sanofi (France), Roche Holding AG (Switzerland), AstraZeneca PLC (United Kingdom), Sun Pharma Industries Ltd. (India) and Takeda Pharmaceutical Company Limited (Japan)".
According to the FDA Adverse Event Reporting System (FAERS) for Picato gel. In some cases, severe eye injuries and skin reactions occurred when the application of the product was not according to the instructions found in the labeling. Other cases described severe allergic reactions, including anaphylaxis. Herpes zoster was also reported. Hence it is necessary to mention the content and side effects on the labeling.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Picato Gel market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Picato Gel market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Picato Gel Manufacturers, Distributors/Traders/Wholesalers, Subcomponent Manufacturers, Industry Association, Downstream Vendors, Industry Association and Downstream Vendors.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.