The 7 major lichen planus markets reached a value of US$ 91.0 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 139.4 Million by 2034, exhibiting a growth rate (CAGR) of 3.95% 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$ 91.0 Million |
Market Forecast in 2034
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US$ 139.4 Million |
Market Growth Rate 2024-2034 | 3.95% |
The lichen planus market has been comprehensively analyzed in IMARC's new report titled "Lichen Planus Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Lichen planus refers to a chronic inflammatory condition that mainly affects the skin, mucous membranes, hair, and nails. This disorder is characterized by the presence of itchy, flat-topped, polygonal-shaped papules or lesions that may appear shiny and reddish-purple in color. These lesions can occur anywhere on the body, but they commonly affect the wrists, ankles, lower back, and oral mucosa. The signs and symptoms of the ailment can vary depending on the impacted area. In the oral form of the condition, the lesions may cause pain or a burning sensation and can affect the inner lining of the cheeks, gums, tongue, and lips. When this illness develops on the scalp, it can lead to temporary or permanent hair loss among patients. Diagnosing lichen planus typically requires a combination of clinical features, a medical history assessment, and a physical test. The healthcare provider may also perform an allergy workup to determine the causes of underlying indications. In some cases, a skin biopsy may be utilized to validate a diagnosis among patients.
The increasing cases of autoimmune disorders, in which the body's defense system inadvertently attacks its own cells, are primarily driving the lichen planus market. Besides this, the rising prevalence of several associated risk factors, including viral infections, stress, use of certain medications, allergic reactions, etc., is acting as another significant growth-inducing factor. Furthermore, the escalating usage of effective drugs, such as corticosteroids, retinoids, immunosuppressive agents, etc., to relieve symptoms, alleviate inflammation, and promote healing is also bolstering the market growth. Additionally, the emerging popularity of stress management techniques, which can help to improve overall well-being, reduce the severity and frequency of lichen planus indications, and optimize immune functioning of patients, is creating a positive outlook for the market. Moreover, the inflating demand for phototherapy to modulate the immune response, leading to a decrease in inflammation and itching, is also augmenting the market growth. Apart from this, the increasing application of topical targeted therapy, owing to its various benefits, like lesion-specific treatment and enhanced patient compliance, is expected to drive the lichen planus market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the lichen planus 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 lichen planus 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 lichen planus 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 lichen planus marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Clobetasol propionate | AFYX Therapeutics |
Ruxolitinib | Incyte Corporation/Novartis |
*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
Lichen Planus: Current Treatment Scenario, Marketed Drugs and Emerging Therapies