What's driving the Dermatitis Drugs Market Growth? Prominent Players: Valeant Pharmaceuticals, Astellas Pharma US, Pfizer, Mylan
Pune, India -- (SBWIRE) -- 11/19/2020 -- The Global "Dermatitis Drugs Market" will expand considerably in the coming years driven by the advancements across numerous drug classes. According to a report published by Fortune Business Insights, titled "Dermatitis Drugs: Global Market Analysis, Insights and Forecast, 2019-2026," the market was valued at US$ 6,097.4 Mn in 2018. Fortune Business Insights predicts that the market will rise impressively at a CAGR of 10.2% and reach US$ 13,630.8 Mn by the end of 2026.
The report covers:
Global Dermatitis Drugs Market trends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
Comprehensive company profiles of the major industry players.
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Leading Players operating in the Dermatitis Drugs Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Valeant Pharmaceuticals
Astellas Pharma US
Pfizer
Mylan
Bayer
Allergan
LEO Pharma
Regeneron Pharmaceuticals, Inc.
Anacor Pharmaceuticals
"Topical Treatment for Atopic Dermatitis gets FDA Nod, Subsequently Aiding the Market's Expansion"
The global dermatitis drugs market will derive significant growth from increasing usage approvals. In 2017, the Food and Drug Administration passed approval for a new topical treatment for atopic dermatitis. The topical treatment 'Eucrisa' was aimed at the treatment of children and adults with mild to moderate atopic dermatitis. The use of Eucrisa to minimize the effects of dermatitis has fueled the demand for the products, across the world. The ability of Eucrisa to act on a body enzyme 'PDE4' has created several benefits of the product and this, in turn, will lead to an increase in adoption. After successful clinical trials, Eucrisa was seen to reduce skin rashes, itching, and lichenification. The applications of Eucrisa in the healthcare industry have had a positive impact on the Global Dermatitis Drugs Market and will favor the growth of the market in the coming years. Fortune Business Insights has predicted that growing usage approvals will bode well for the market in the near future.
"Segmentation of the Global Dermatitis Drugs Market"
Drug Class
Calcineurin Inhibitors
PDE4 Inhibitors
Corticosteroids
Biologics
Others
By Disease Indication
Atopic Dermatitis
Contact Dermatitis
Others
By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
"Increasing Mergers and Acquisitions Will Enable Growth"
The global atopic dermatitis market will witness growth opportunities due to contributions from leading companies and their exceptional business strategies. Recent trends in dermatitis treatment include company mergers and acquisitions, aimed at the betterment of prevailing drugs and creating new drugs. The growing mergers and acquisitions have boded well for the market and Fortune Business Insights has predicted that these activities will induce significant growth in the global dermatitis market in the coming years. In 2016, Pfizer announced that it plans to acquire Anacor Pharmaceuticals for an estimated US$ 5.2 Bn. The company has splashed a huge amount for the take-over of Anacor and this is a strong indication of future growth. The report includes mergers and acquisition similar to the Pfizer-Anacor deal and gauges the impact of such M&As on the global dermatitis drugs market.
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Report Focus:
Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Dermatitis Drugs Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the Dermatitis Drugs Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.