2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theCorticosteroids Market?

The increasing demand for cancer treatments is expected to drive the growth of the corticosteroid market. Corticosteroids are used to alleviate cancer treatment symptoms and improve patient outcomes. The rising incidence of cancer and the growing demand for treatment options, as noted by the NHS in May 2024, are expected to lead to a higher demand for corticosteroids in cancer care.

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How Will the Growth Rate of theCorticosteroids Market Impact Industry Trends by 2034?

The corticosteroids market size has grown steadily in recent years. It will grow from $5.47 billion in 2024 to $5.7 billion in 2025 at a compound annual growth rate (CAGR) of 4.1%. The growth is attributed to the treatment of inflammatory conditions, autoimmune disorders, immune system suppression, respiratory conditions like asthma, allergic reactions, dermatological applications, and cancer treatment support.

The corticosteroids market is expected to grow to $7.24 billion by 2029, at a CAGR of 6.2%. This growth is attributed to the rising incidence of chronic diseases, expanding applications in rheumatology, advancements in drug delivery, the aging population, and increased R&D in corticosteroid therapeutics. Major trends include immunomodulatory effects, biosimilar market growth, combination therapies, pediatric-specific formulations, and a focus on regulatory compliance.

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What Are the Current Market Growth and Trends in theCorticosteroids Market That Industry Players Should Watch?

The development of silicones for topical and transdermal drug delivery is a significant trend in the corticosteroid therapy market. Silicone gel sheets are used as soft wound covers, and there has been recent progress in delivering drugs, such as dexamethasone (DXM)-loaded silicone implants for the inner ear. Silicone-based pressure-sensitive adhesives for transdermal drug delivery offer higher diffusivity, greater skin permeation rates, and enhanced drug permeability, improving drug performance in modern treatments.

What Are the Leading Market Players Impacting theCorticosteroids Market’s Growth Trend?

Major companies operating in the corticosteroids market include McKesson Corporation, Pfizer Inc., Johnson and Johnson Services Inc., Merck & Co.Inc., Bayer AG, Sumitomo Corporation, Novartis International AG., Sanofi SA, Bristol Myers Squibb Company, AstraZeneca plc, Abbott Laboratories, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Sun Pharmaceutical Industries Ltd., Cipla Limited, Dr. Reddy’s Laboratories Ltd., Endo International plc, Lupin Limited, Mallinckrodt Pharmaceuticals Ltd., LEO Pharma A/S, Glenmark Pharmaceuticals Ltd., Wockhardt Limited, Indivior plc, Zizhu Pharmaceutical Co. Ltd., Allergan plc, Hikma Pharmaceuticals plc

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How Are the Key Segments of the Corticosteroids Market Driving Opportunities and Innovations?

The corticosteroids market covered in this report is segmented –

1) By Product: Glucocorticoids, Mineralocorticoids

2) By Application: Skin Allergies, Rheumatology Indications, Endocrinology, Acute Respiratory Diseases, Other Applications

3) By End User: Hospitals, Clinics, Research Institutes, Other End Users

Subsegments:

1) By Glucocorticoids: Hydrocortisone, Prednisone, Dexamethasone, Methylprednisolone, Triamcinolone, Betamethasone, Other Glucocorticoids

2) By Mineralocorticoids: Fludrocortisone, Aldosterone, Other Mineralocorticoids

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theCorticosteroids Market?# Market Expansion?

The countries covered in the corticosteroids market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

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