Pruritus Therapeutic Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Pruritus Therapeutic Market?
The mounting occurrences of skin conditions are playing a significant part in uplifting the pruritus therapeutic market. The term ‘skin conditions’ denotes dermatological issues or skin afflictions like acne, eczema, skin cancer, psoriasis, and vitiligo that impact the skin. Pruritus therapeutics are often incorporated in the treatment plan for various skin diseases owing to pruritus being a prevalent symptom in most skin disorders. For example, in April 2022, the American Academy of Dermatology Association, a US-based dermatology association, projected that melanoma would cause 7,650 fatalities in 2022, including 5,080 men and 2,570 women. Furthermore, in January 2023, as per the American Cancer Society, a US-based volunteer organization, there will be an estimated 97,610 new melanoma diagnoses in the United States, about 58,120 in men and 39,490 in women. Thus, the escalating prevalence of skin disorders is priming the growth of the pruritus therapeutic market.
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#How Will the CAGR of the Pruritus Therapeutic Market Influence Its Overall Growth by 2034?
The market size of pruritus therapeutic has seen a robust growth in the past few years. It is projected to increase from $14.29 billion in 2024 to $15.43 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. The significant growth observed in the past can be linked with the rising prevalence of pruritus, advancements in R&D, an aging population, the broadening of healthcare facilities, heightened patient awareness, and collaborative initiatives and partnerships.
The market for pruritus therapeutics is projected to witness significant growth in the coming years, expanding to $22.02 billion by 2029 with a compound annual growth rate (CAGR) of 9.3%. Factors contributing to this impending growth during the forecast period are continual research and development, the expansion of emerging markets, increased spending in healthcare, the emergence of personalized medicine, and support for innovation from regulatory bodies. Future trends to watch in this period include the integration of telemedicine and digital health, advancements in technology, digital health and telehealth solutions, changing global regulatory conditions, the rise of biologics and immunomodulators, and a more patient-focused approach.
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What New Market Trends Are Reshaping thePruritus Therapeutic Market and Its Opportunities?
In the pruritus therapeutic market, the trend shifting more towards product innovation these days. Industries functioning in this sector are aiming to create advanced medications and treatments for pruritus and its related conditions. For example, Maruho Co., a pharmaceutical firm based in Japan, introduced an anti-IL-31 receptor, Mitchga Subcutaneous Injection 60 mg Syringes, in August 2022, to treat itching that comes as part of atopic dermatitis. This solution functions as the first of its kind antibody drug that prevents IL-31 signaling which is essentially a neuroimmune cytokine2 connected to pruritus and skin inflammation and contributes to the condition of atopic dermatitis3,4. The ingredient of Mitchga stops IL-31 from connecting to its receptor, blocking the itch and inflammation that is associated with atopic dermatitis.
Who Are the Leading Market Players Fueling Growth in the Pruritus Therapeutic Market Trend?
Major companies operating in the pruritus therapeutic market include Astellas Pharma Inc., Bristol-Myers Squibb Company, Cipla Inc., Eli Lilly and Company, Galderma Laboratories LP, GlaxoSmithKline plc, Merck & Co. Inc., Novartis AG, Pfizer Inc., Sanofi SA, Abbott Laboratories, Almirall SA, Eisai Co. Ltd., Glenmark Pharmaceuticals Ltd., Ipca Laboratories Ltd., Lupin Chemicals Ltd., Cara Therapeutics Inc., EPI Health LLC, AbbVie Inc., Albireo Pharma Inc., Bayer AG, Bausch Health Companies Inc., Regeneron Pharmaceuticals Inc., Huapont Life Sciences Co. Ltd., LEO Pharma AS, MC2 Therapeutics Ltd., Novan Inc., Trevi Therapeutics Inc., UCB SA, Viatris Inc., Teva Pharmaceutical Industries Ltd.
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How is the Global Pruritus Therapeutic Market Segemented?
The pruritus therapeutic market covered in this report is segmented –
1) By Type: Corticosteroids, Antihistamines, Local Anesthetics, Counterirritants, Immunosuppressant, Calcineurin Inhibitors, Others Types
2) By Disease Type: Atopic Dermatitis Or Eczema, Allergic Contact Dermatitis, Urticaria, Cutaneous T-Cell, Other Disease Types
3) By Application: External Use, Oral, Injection
4) By End Use: Hospitals, Clinics, Other Uses
Subsegments:
1) By Corticosteroids: Topical Corticosteroids, Systemic Corticosteroids
2) By Antihistamines: First-Generation Antihistamines, Second-Generation Antihistamines
3) By Local Anesthetics: Topical Local Anesthetics, Injectable Local Anesthetics
4) By Counterirritants: Menthol-Based Products, Camphor-Based Products
5) By Immunosuppressants: Systemic Immunosuppressants, Topical Immunosuppressants
6) By Calcineurin Inhibitors: Tacrolimus, Pimecrolimus
7) By Other Types: Antidepressants, Phototherapy Treatments, Herbal Remedies
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Which Geographics are Influencing the Growth of the Pruritus Therapeutic Market?
North America was the largest region in the pruritus therapeutic market in 2024. The regions covered in the pruritus therapeutic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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