Atopic Dermatitis Drugs Market Scope
Atopic dermatitis drugs is used to treat atopic dermatitis disease. Atopic dermatitis is a widespread chronic inflammatory skin diseases that can affect patients of all ages of people. Recent developments by numerous key players have reignited interest in the treatment of the diseases. For instance, Upcoming patent expiration of key products, such as LEO Pharma’s Protopic, Mylan/Valeant’s Elidel, and Bayer’s Desonate will result in generic penetration in therapeutic space.
According to AMA, the Global Atopic Dermatitis Drugs market is expected to see growth rate of 5.98%
Encore Dermatology, Inc. (United States), Mylan (United States), Valeant (Canada), Bayer HealthCare (Germany), LEO Pharma (Denmark), Pfizer (United States), Sanofi (France), GlaxoSmithKline plc. (United Kingdom), Bausch Health (Canada) and F. Hoffmann-La Roche Ltd (Switzerland) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Atopic Dermatitis Drugs market by Type (Topical, Injectable and Oral), by Application (Hospital, Clinic and Home care.) and Region with country level break-up.
On the basis of geography, the market of Atopic Dermatitis Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In September 2018, LEO Pharma declare its agreement with JW Pharmaceutical (JWP), where LEO Pharma will get rights to modify, develop and commercialize JW1601, which is anovel atopic dermatitis drug candidate intended for oral treatment of atopic dermatitis.
Market Trend
- Increasing Acceptance of Targeted Therapies such as Eucrisa and Dupixent
Market Drivers
- Increasing Awareness Regarding the Availability of Treatments for the Disease Worldwide
- Various Countries Government Initiatives to Offer Better and More Affordable Treatment
Opportunities
- The Rising Favorable Reimbursement Policies by Government Specifically in Emerging Economies
Restraints
- Allergic Reactions of off-label Therapies
- High Cost of Therapeutics
Challenges
- Strict government regulations and legal norms