The 7 major eczema markets reached a value of US$ 16.8 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 37.1 Billion by 2034, exhibiting a growth rate (CAGR) of 7.46% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 16.8 Billion |
Market Forecast in 2034
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US$ 37.1 Billion |
Market Growth Rate (2024-2034)
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7.46% |
The eczema market has been comprehensively analyzed in IMARC's new report titled "Eczema Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Eczema, also known as dermatitis, is a common skin condition that causes inflammation and irritation of the skin. This disorder impairs the barrier function of the skin, which is essential for retaining moisture and safeguarding the body from environmental factors. It is a chronic condition that typically starts in childhood but can also affect adults. The most typical symptoms of eczema include red, itchy, dry, and scaly patches on the skin, which can occur on any part of the body. Individuals suffering from this ailment may also have skin swelling, a rash, bumps, and flaky, scaly, or crusty skin. The diagnosis of the disease is typically made by a review of the patient’s clinical features, medical history, and physical exam. The healthcare provider may also perform allergy and blood tests to evaluate the possible causes of the underlying indications. In some cases, a skin biopsy is further required, which involves the removal of a small sample of skin for medical examination.
The increasing prevalence of autoimmune disorders that can cause overstimulation of the body’s defense system against environmental irritants or allergens is primarily driving the eczema market. Moreover, the rising incidences of various associated risk factors, such as exposure to air pollutants, certain skin care products, genetic mutation, stress, etc., are also bolstering the market growth. Besides this, the escalating utilization of effective medications, like anti-inflammatory drugs, antihistamines, corticosteroids, etc., to reduce itchiness and swelling in patients is acting as another significant growth-inducing factor. Additionally, the widespread adoption of light therapy, which uses ultraviolet (UV) light to treat the symptoms of eczema by suppressing overactive immune system cells that are responsible for inflammation, is also propelling the market growth. Furthermore, the inflating application of non-pharmacotherapy, like acupuncture, aromatherapy, lifestyle modification, etc., which can improve treatment outcomes in patients, is creating a positive outlook for the market. Apart from this, the emerging popularity of monoclonal antibodies, including rocatinlimab, for moderate to severe disease conditions, since they can enhance safety and lower toxicity among the population, is expected to drive the eczema market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the eczema market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for eczema and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the eczema market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current eczema marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Adbry (Tralokinumab) | LEO Pharma |
Elidel (Pimecrolimus topical) | Novartis/Meda |
Dupixent (Dupilumab) | Regeneron/Sanofi |
Cibinqo (Abrocitinib) | Pfizer |
Rinvoq (Upadacitinib) | AbbVie |
ARQ252 | Arcutis Inc |
Amlitelimab | Kymab/Sanofi |
Lebrikizumab | Eli Lilly |
si 544 | selectION |
KHK 4083 | Kyowa Kirin |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Eczema: Current Treatment Scenario, Marketed Drugs and Emerging Therapies