The Dermatology OTC Medications Global Market Report 2023, provides comprehensive information on the dermatology otc medications market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global dermatology OTC medications market size is expected to grow from $14.76 billion in 2022 to $15.32 billion in 2023 at a compound annual growth rate (CAGR) of 3.86%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of dermatology OTC medications market is expected to reach $18.06 billion in 2027 at a CAGR of 4.20%.
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Technological advancements are a key trend gaining popularity in the dermatology OTC medication market. Companies operating in the dermatology OTC medication market are adopting new technology to sustain their position in the market. For instance, in October 2020, Cynosure launched the Potenza Radiofrequency Microneedling Device, the only RF micro needling machine in the world to integrate monopolar and bipolar radiofrequency at 1 or 2 MHz into a single device and produce four distinct RF modes. The gadget has a single-needle handpiece that is equipped to target and treat blemishes and is effective against acne vulgaris.
The dermatology otc medications market is segmented:
1) By Type: Tablets And Capsules, Oils Gels, Creams And Ointments, Other Types
2) By Indication: Dermatitis, Acne, Psoriasis, Skin Bleaching, Anti-Fungal, Wart Remover, Other Indications
3) By Route Of Administration: Topical, Oral
4) By Distribution Channel: Online Distribution, Offline Distribution
North America was the largest region in the dermatology otc medications market in 2022.
The table of contents in TBRC’s dermatology otc medications market report includes:
- Executive Summary
- Dermatology OTC Medications Market Characteristics
- Dermatology OTC Medications Market Trends And Strategies
- Dermatology OTC Medications Market – Macro Economic Scenario
- Dermatology OTC Medications Market Segmentation
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- Global Dermatology OTC Medications Market Competitive Benchmarking
- Global Dermatology OTC Medications Market Competitive Dashboard
- Key Mergers And Acquisitions In The Dermatology OTC Medications Market
- Dermatology OTC Medications Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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