Prescription Dermatology Therapeutics Market
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Prescription Dermatology Therapeutics Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at CAGR of 9.5% during forecast period of 2019 to 2027.
Prescription Dermatology Therapeutics Market Drivers and Restrains:
The prescription dermatology therapeutics market witnessed a significant growth rate owing to high incidence and an increase in the prevalence rate of infectious and chronic dermatological disorders, and novel drug development across the world. Skin is the largest and most exposed organ body part to a wide variety of toxins and microbes. Lengthy exposure of skin to toxins effects in various kinds of skin disorders. Skin disease is one of the leading causes of non-fatal disease burden globally, affecting millions of people. Aging, trauma, and environmental and genetic factors can result in the development of skin diseases, which are impelling the demand for dermatology treatment worldwide. Study of the World Health Organization (WHO), skin diseases are among the most common human health disorders and affect almost XX million people across the world. Some of the most common types of skin diseases reported worldwide are pyoderma, scabies, acne, eczema, and warts.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Acne treatment drugs are the most common type of prescription drugs, which are used to improve the skin’s texture and color. According to the American Academy of Dermatology, acne is the most prevalent skin condition, which affects almost XX million Americans yearly. Dermatology drugs used to treat baldness are also very common. Hair loss can be caused by various factors, such as hormonal causes, stress, chemotherapy, radiation, etc. High prevalence and rise in incidence rates of chronic dermatological disorders with significant unmet medical needs are driving the market growth.
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Last Update : Aug 19, 2020
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