Rosacea Market
Market Overview:
• Rosacea is a common disease of the skin that causes redness on the face and visible blood vessels. It frequently influences females with fair skin in the middle ages. Although rosacea is not cured, medications can regulate and decrease the disease-related signs and symptoms.
- The prevalence rate varied according to the National Rosacea Society, the United States. Rosacea incidence was highest when self-reported at a rate of 9.71 percent 737,960,000 , while rosacea was 5.53 percent 420,280,000 diagnosed by the dermatologist. In several research, it has been noted that this is more prevalent in people with fair skin.
- Increasing incidence has also boosted awareness among physicians and societies, further driving this markets demand. The existence of generic drugs to reduce the associated symptoms, however, hinders the rosacea markets development.
The Reports Scope:
The reports scope includes the drug class, drug administration mode, and geography market. The segmentation by drug class includes antibiotics, alpha agonists, retinoids, corticosteroids, immunosuppressants and other classes of drugs. The segment includes topical and oral by mode of administration. Rosacea is a condition that is diagnosed with symptoms such as facial flushing, skin roughness, and acne-like inflammatory papulopustular eruption.
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Key Trends in the Rosacea Market:
Antibiotics is Anticipated to Hold the Largest Share of the Rosacea Market During the Forecast Period:
Antibiotics have been prescribed for over 60 years as a therapy for rosacea symptoms. It can decrease the amount of pimples of acne and inflammation or redness of bacteria around the pimples of acne. Antibiotics, including oral antibiotics and topical antibiotics, are accessible in two types. Oral medicines like tetracycline, doxycycline, and minocycline have been shown to regulate the bacterial element of rosacea and have inflammatory advantages as well. It is most commonly preferred for early disease relief by physicians and doctors, but is usually long-term, driving this segments sales over other sub-segments. The heavy use of antibiotics for rosacea therapy is therefore the primary factor in market growth. However, there are some side effects associated with antibiotic use, including bloating, loss of appetite, abdominal pain, and many others, which restrict their use as a treatment.
North America is Expected to Maintain the Largest Share in the Rosacea Market:
North America has numerous factors that are better than other geographic areas to promote this market growth. Some factors include high government spending on pharmaceuticals and medical devices and society awareness several societies organizing campaigns across the United States and Canada each year. According to National Rosacea Society NRS estimates, approximately 16 million Americans are suffering from rosacea and perhaps millions more in temporary remission. Because of favourable regulatory demands, businesses also prefer to publish their products first in the United States, which drives demand for this market.
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Competitive Landscape:
The rosacea market has witnessed increasing competition among major players, mainly in developed markets. Some of the major market players include Bausch Health Companies Inc., Nestlé Galderma , Leo Pharma Inc., Hovione FarmaCiencia SA, and Aclaris Therapeutics, among others.
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