Rosacea treatment market is rising gradually with a steady CAGR of 3.8% in the forecast period of 2019-2026. High prevalence of rosacea, growing awareness about its therapeutic and increasing research and development for novel therapies for treatment are some major factors that drive the market growth.
Few of the major competitors currently working in the global rosacea treatment market are Foamix Pharmaceuticals Ltd., ALLERGAN, Bausch Health, Sol-Gel Technologies Ltd., Bayer AG, Nestlé, PRUGEN, Merck & Co., Inc., AbbVie Inc., Unilever, Croda International Plc, Colorescience, Inc., Perrigo Company plc, Aclaris Therapeutics, Inc., Lupin Pharmaceuticals, Inc., Supernus Pharmaceuticals, Inc, Dr. Reddy’s Laboratories Ltd., Mylan N.V. among others.
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Rosacea Treatment market report also evaluates the growth rate and the market value based on market dynamics and growth inducing factors. Moreover, intricate market insights are turned into simpler version with the help of proven tools and techniques to provide them to end users. The market study carried out in this report analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors in the pharmaceutical industry. Competitor analysis is one of the most important aspects of Rosacea Treatment market research report which helps businesses decide upon the strategies by comparing them with the competitors.
Highlights of the Study
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them.
Learn about the market strategies that are being adopted by your competitors and leading organizations
Key Developments in the Market:
- In August 2019, Foamix Pharmaceuticals Ltd. submitted a New Drug Application (NDA) to the U. S. FDA for FMX103 (minocycline) for the treatment of moderate-to-severe papulopustular rosacea. This application is based on the positive topline results of phase III clinical trials of FMX103. This drug candidate will be an efficacious treatment with a well-tolerated profile and will be present in a convenient topical foam formulation
- In January 2017, ALLERGAN received the U. S. FDA approval for RHOFADE topical cream used for treatment of adults with persistent facial erythema associated with rosacea. The approval was based on two clinical trials which met the primary efficacy endpoint. This approval will provide ALLERGAN all the right for production and commercialization of this novel formulation.
- Increasing government initiatives and investments in the treatment market will contribute in the market growth
- Increasing research and development of advanced formulations for treatment of different types of rosacea and acne are expected to drive the market growth
- Increasing prevalence rate of the disease acts as driver of market growth
- Growing awareness about rosacea and its available therapeutics will increase the market size
- Multiple patent expiries brings a significant number of generic products that hampers the growth of market
- Off-label usage of medicines for rosacea can also restrict the market growth
- Rosacea is often underdiagnosed or misdiagnosed as acne hampers the market growth
Segmentation: Global Rosacea Treatment Market
- Erythematotelangiectatic Rosacea
- Papulopustular Rosacea
- Ocular Rosacea
- Phymatous Rosacea
By Drugs Class
By Route of Administration
By End Users
- Specialty Clinics
By Distribution Channels
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
- North America
- South America
- Middle East & Africa
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