Dermatology drug market : future demand and growth analysis

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Dermatology Drug Market : Future Demand and Growth Analysis Date: 03-01-2017 12:11 AM CET Category: Health & Medicine Press release from: Transparency Market Research – Pharmaceutical

Dermatological drugs are used in the management and treatment of diseases related to skin, nail, hair, and genital membranes. These diseases can be treated through topical as well as systemic medications, dermatological surgery, laser therapy, radio therapy, and photodynamic therapy. Increase in stress, changing food habits, deficiency of nutrients, lower immunity, and pollution has resulted in growth in patients with skin ailments. Acne and psoriasis are the most common skin disorders observed across the world. Topical dermatological drugs used to treat acne include local anesthetics, cleansers, anti-inflammatory agents, anti-infectives, emollients, and astringents. Surgical procedures for treatment of skin disorders is not preferred over dermatological drugs due to higher costs associated with surgery. Low cost associated with dermatological drugs is one of the major factors responsible for increasing demand in the market. Various government associations have taken initiatives to increase awareness about skin diseases and management among patients. The dermatological drug market is witnessing strong growth due to increasing demand for rapid diagnosis and treatment. However, stringent regulations for the approval of dermatology drugs restrains the global market. Browse Global Strategic Business Report: www.transparencymarketresearch.com/dermatology-drug-marke... The dermatological drugs market is segmented based on route of administration, end-user, and therapeutic application. In terms of route of administration, the market is segmented into topical, oral, and parenteral administration. Based on therapeutic application, the dermatological drug market is segmented into acne vulgaris, dermatitis, psoriasis, skin cancer, skin infection, rosacea alopecia, and fungal infection, eczema, and hair loss. In terms of end-user, the market is classified into hospitals, specialty clinics, cosmetic centers, and others. Biologics has been observed as a recent trend in the dermatological drug market for the treatment of skin disorders. For example, Ustekinumab (Stelara), a Janssen Biotech, Inc. brand approved by the U.S. FDA in 2013, is a human monoclonal antibody used for the treatment of moderate to severe plaque psoriasis in Canada, Europe, and the U.S. Furthermore, new dermatology products focus on Janus kinase (JAK) inhibitor, mirogenactivated protein kinase (MEK) inhibitors, and

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Dermatology drug market : future demand and growth analysis by laxman Kumar - Issuu