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Aquagenic Pruritus Treatment Market Growth Analysis by 2029

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Michael Jaikishan
Aquagenic Pruritus Treatment Market Growth Analysis by 2029

Aquagenic pruritus treatment market is expected to gain market growth in the forecast period of 2022-2029. Data Bridge Market Research analyses the market to account to grow at a CAGR of 5.90% in the above mentioned forecast period.

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Aquagenic pruritus is referred to a rare dermatological disorder that causes intense itching or a prickling feeling when exposed to water at any temperature. It causes severe itching, stinging, tingling, or burning feelings after coming into touch with water, although there are no apparent changes on the skin. This condition has no recognized etiology but familial occurrences have been reported. Aquagenic pruritis can be a sign of various illnesses, such as polycythemia vera. The symptoms and a clinical examination are used to make a diagnosis. Treatment is symptomatic which include skin lotions, antihistamines, phototherapy, adjusting the pH of the water, and various drugs have been attempted.

The rise in the prevalence of aquagenic pruritus will act as major market driver and further enhance the market’s growth rate. Another significant factor influencing the growth rate of aquagenic pruritus treatment market is the rising healthcare expenditure. Furthermore, advancement in the medical technology, rising initiatives by public and private organisations to spread awareness about disease and growing government funding are the factors that will expand the aquagenic pruritus treatment market.

However, high cost associated with the available treatment and lack of infrastructure in low-income countries will impede the growth rate of aquagenic pruritus treatment market. Less awareness and complications as well as risk involved with the disease will further challenge the market in the forecast period mentioned above. The lack of cure for this disease will act as a major market restrain that will further derail the market’s growth rate.

North America dominates the aquagenic pruritus treatment market due to the presence of major key players and high prevalence rate in this region. Additionally, growing geriatric population and well-developed healthcare infrastructure are the major drivers that will flourish the growth rate of Aquagenic pruritus treatment market in this region. Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to the increasing patient pool, rising investment in the healthcare sector, and growing government support.

Some of the major players operating in the aquagenic pruritus treatment market are Pfizer Inc., Merck Sharp & Dohme Corp., Lupin, Eli Lilly and Company, Abbott, F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Bayer AG, Boehringer Ingelheim International GmbH., AstraZeneca, Johnson & Johnson Private Limited, Sanofi, Novartis AG, Aurobindo Pharma, Mylan N.V., Dr. Reddy’s Laboratories Ltd., BASF SE, Allergan, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., AbbVie Inc., Takeda Pharmaceutical Company Limited., Sumitomo Dainippon Pharma Co., Ltd., Cipla Inc., and Bristol-Myers Squibb Company, among others.

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