Global Atopic Dermatitis Market Size, Share, Forecast Report, 2020-2027

Atopic dermatitis is the most common type of eczema, patients who are suffering with this disease have super sensitive skin and a decreased threshold for irritation. Additionally it misguides the immune system which leads to chronic diseases. The prevalence of atopic dermatitis are very common worldwide, that occur more often in infants and children. Atopic dermatitis includes hay fever, food allergies, atopic dermatitis, allergic asthma, and anaphylaxis.

Atopic dermatitis have various patterns depending on the age of patients. It can occur in the knees, inside the elbows, sides of the neck, wrists, ankles, and hands and has the tendency to develop papules which leads to rashes. It is characterized by low quantity of filaggrin protein that allows skin to become dry and reduces its protective abilities. Additionally, the skin is very susceptible to infections, such as staphylococcal and streptococcal bacterial skin infections, warts, herpes simplex, and molluscum contagiosum. The atopic dermatitis market growth is majorly attributed to the increasing prevalence of atopic disorders, decreased quantity of protein called filaggrin in skin. Moreover, rising funding along with government support for research and development fuel the market of atopic dermatitis. Moreover, advancing technology in medical devices is adding fuel to the growth of the market.

According to a report published by the National Center for Biotechnology Information, in 2015, atopic dermatitis was recorded to affect around 20% of infants & children and 3% of adults globally

A research study published in the National Eczema Association, in 2016, shows that around 9.6 million children under the age of 18years, which is 13% of U.S. population, have atopic dermatitis. Additionally, in 2016, the United States spend around $314 million on health system to treat atopic dermatitis patients.

However, availability of expensive treatment and poor reimbursement policies in the developing regions of the world are some of the factors, which may hamper the market growth during the forecast period.

The global atopic dermatitis market is expected to grow at a CAGR of 8.2% during the forecast period 2017-2023.
Atopic dermatitis Market Key Players

Some of key the players in the market are Astellas Pharma Inc. (Japan), Sanofi S.A. (France), Regeneron Pharmaceuticals, Inc. (U.S.), Valeant Pharmaceuticals International, Inc (Canada), Anacor Pharmaceuticals Inc. (U.S.), Novartis International AG (Switzerland), Bristol-Myers Squibb (U.S.), Meda Pharmaceuticals (U.S.), Pfizer Inc. (U.S.), Galderma S.A. (Switzerland), Allergan Plc. (Republic of Ireland)