Market Analysis and Insights:- Global Topical Corticosteroids MarketGlobal Topical Corticosteroids Market By Molecule Name (Fludroxycortide, Triamcinolone Acetonide, Fluocinolone Acetonide, Antiseptics, Betamethasone, Clobetasone Propionate, Clobetasone Butyrate, Halobetasone, Mometasone, Others), Potency Class (Ultra-High, High, Moderate, Mild), Application (Acne, Dermatitis, Psoriasis, Skin Infection, Hyperpigmentation, Melasma, Others), Medication Type(Ointments, Creams, Liquid & Solutions, Lotions, Gel, Oils, Pastes, Sprays, Others), End-User(Hospital, Dermatology Clinics, Homecare, Others), Distribution Channel(Hospital Pharmacies, Pharmacy Stores, Online Pharmacies, Others), Purchase Mode(Over The Counter (Otc) Based, Prescription Based), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026Market Analysis: Global Topical Corticosteroids MarketGlobal Topical Corticosteroids Market is expected to rise from its initial estimated value of USD 3154.01million in 2018 to an estimated value of USD 4877.24 million by 2026, registering a CAGR of 5.6% in the forecast period of 2019-2026.
This rise in market value can be attributed to the increasing prevalence of chronic disease or condition.Get More Insight About the Global Topical Corticosteroids Market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-topical-corticosteroids-market Market Definition: Global Topical Corticosteroids MarketTopical corticosteroids (steroids) is defined as a medications which is directly applied to the skin with intention to reduce irritation and inflammation, ; it is available in several different forms like ointments, gels, creams, lotions, mousses.
They are available in four different potencies (strengths), known as mild, moderate, potent, and very potentAccording to the CDC, in U.S 2 million people are infected with bacteria that are resistant to antibiotics, and at least 23,000 people die due to such infections.
Increasing investment in research and development, act as a driver to the market.Market DriversGrowing number of geriatric population, this act as a driver to the market.Growth in demand of topical drug delivery drugs, this act as a driver to the market.Market RestraintsExpiry of patent for drugs, this act as restraints to the market.Weak reimbursement policies, this act as restraints to the market.Know More About this Report @ https://www.databridgemarketresearch.com/reports/global-topical-corticosteroids-marketSegmentation: Global Topical Corticosteroids MarketBy Molecule NameFludroxycortideTriamcinolone AcetonideFluocinolone AcetonideAntisepticsBetamethasoneClobetasone PropionateClobetasone ButyrateHalobetasoneMometasoneOthersBy Potency ClassUltra HighClobetasol PropionateDiflorasone DiacetateBetamethasone Dipropionate GlycolHighAmcinonideBetamethasone DipropionateDesoximetasoneFluocinonideOthersModerateDesoximetasoneFluocinolone AcetonideFludroxycortideHydrocortisone ValerateTriamcinolone AcetonideClobetasone ButyrateOthersMildHydrocortisoneHydrocortisone AcetateBetamethasone ValerateDesonideFluocinolone AcetonideOtherBy ApplicationAcneDermatitisPsoriasisSkin InfectionHyperpigmentationMelasmaOthersBy Medication TypeOintmentsCreamsLiquid & SolutionsLotionsGelOilsPastesSpraysOthersBy End UserHospitalDermatology ClinicsHomecareOthersBy Distribution ChannelHospital PharmaciesPharmacy StoresOnline PharmaciesOthersBy Purchase ModeOver The Counter (Otc) BasedPrescription BasedBy GeographyNorth AmericaUS.CanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyFranceUnited KingdomItalySpainRussiaTurkeyBelgiumNetherlandsSwitzerlandRest of EuropeAsia-PacificJapanChinaSouth KoreaIndiaAustraliaSingaporeThailandMalaysiaIndonesiaPhilippinesRest of Asia PacificMiddle East & AfricaSouth AfricaEgyptSaudi ArabiaUnited Arab EmiratesIsraelRest of Middle East & AfricaKey Developments in the Market:In April 2019, ViiV Healthcare announced that they got approval from US Food and Drug Administration (FDA) to Dovato, the first, once-daily, single-tablet, two-drug regimen for treatment.In April 2019, GSK receives approval from U.S related to Benlysta for intravenous use in children with lupus aged five years and above.Competitive Analysis: Global Topical Corticosteroids MarketGlobal topical corticosteroids market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of topical corticosteroids market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.Key Market Competitors: Global Topical Corticosteroids MarketFew of the major competitors currently working in the topical corticosteroids market are GlaxoSmithKline plc.
(UK), Merck Sharp & Dohme Corp. (US), LEO (Denmark), Almirall, S.A (Spain), Bausch Health (Canada), Cerecor, Inc., Sandoz International GmbH (Germany), Pfizer Inc. (US), Sanofi (France), AstraZeneca (UK), Almirall, LLC, Godetia Healthcare, Bayer AG, McKesson Medical-Surgical Inc., Regeneron (US), ALLERGAN (Ireland), Galderma laboratories (Switzerland), Novartis AG(Switzerland), and othersResearch Methodology: Global Topical Corticosteroids MarketData collection and base year analysis is done using data collection modules with large sample sizes.