The rosacea global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Rosacea Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The rosacea market size has grown rapidly in recent years. It will grow from $1.78 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to growing awareness of rosacea, increasing access to healthcare, rising disposable incomes, government support for rosacea research and treatment, .
The rosacea market size is expected to see strong growth in the next few years. It will grow to $2.76 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to biologic therapies, demand for personalized medicine, aging population, increasing prevalence of comorbidities. Major trends in the forecast period include minimally invasive and non-invasive treatments for rosacea, digital health technologies, rosacea-specific cosmetics, non-invasive therapies.
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Scope Of Rosacea Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Rosacea Market Overview
Market Drivers –
The increasing prevalence of skin diseases is expected to propel the growth of the rosacea market going forward. Skin diseases are medical conditions that affect the skin’s appearance, structure and function. These conditions can involve the skin, hair, nails and related tissues. Rosacea, a type of inflammation and skin problem, can be caused by various fungal infections, including overgrowth of Candida. Moreover, rosacea has a statistically significant increased risk of skin cancers such as hepatic cancer, non-melanoma skin cancer and breast cancer. For instance, in April 2022, according to the American Academy of Dermatology Association, a US-based non-profit medical specialty association, approximately 9,500 people in the US will be diagnosed with skin cancer daily. Furthermore, in March 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, the total number of deaths from fungal infections increased from 5,922 in 2020 to 7,199 in 2021. Therefore, the increasing prevalence of skin diseases is driving the growth of the rosacea market.
Market Trends –
Major companies operating in the rosacea market are integrating their efforts into developing novel products and solutions to sustain their position in the market. For instance, in June 2022, Galderma S.A., a Switzerland-based pharmaceutical company, launched EPSOLAY cream, the first and only topical treatment with microencapsulated benzoyl peroxide (E-BPO) that is scientifically proven to alleviate bumps and blemishes caused by rosacea. EPSOLAY Cream uses Sol-Gel Technology’s proprietary, patented technology to encapsulate benzoyl peroxide in a silica-based microcapsule to form a barrier between the medication and the skin surface. This helps to reduce the irritation and dryness that can be associated with traditional benzoyl peroxide treatments.
The rosacea market covered in this report is segmented –
1) By Type: Erythematotelangiectatic Rosacea; Papulopustular Rosacea; Ocular Rosacea; Phymatous Rosacea
2) By Drug Class: Antibiotics; Alpha Agonists; Retinoid; Corticosteroids; Immunosuppressants; Other Drug Classes
3) By Mode of Administration: Topical; Oral
4) By End-User: Hospitals; Clinics; Retail pharmacies; Online pharmacies
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Regional Insights –
North America was the largest region in the rosacea market in 2023. Asia-Pacific is expected to the fastest-growing region in the forecast period. The regions covered in rosacea market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major players in the rosacea market are Pfizer Inc., Johnson & Johnson, Merck & Co. Inc., AbbVie Inc., Bayer AG, Sanofi S.A., GlaxoSmithKline PLC, Eli Lilly and Company, Viatris Inc., Teva Pharmaceutical Industries Ltd., Bausch Health Companies Inc., Sun Pharmaceutical Industries Ltd., Perrigo Company PLC, Galderma S.A., Dr. Reddy’s Laboratories Ltd., Lupin Limited, LEO Pharma A/S, Almirall S.A., Supernus Pharmaceuticals Inc., Taro Pharmaceuticals, Mayne Pharma, Aclaris Therapeutics Inc., Sol-Gel Technologies Ltd., Nestle Skin Health S.A., Foamix Pharmaceuticals.
Table of Contents
1. Executive Summary
2. Rosacea Market Report Structure
3. Rosacea Market Trends And Strategies
4. Rosacea Market – Macro Economic Scenario
5. Rosacea Market Size And Growth
…..
27. Rosacea Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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