Global Rosacea Market Forecast 2024-2033: Estimated Market Size And Growth Rate
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What is the Expected Growth Rate of the Rosacea Market from 2024 to 2033?
The rosacea market has witnessed rapid growth, anticipated to increase from $1.78 billion in 2023 to $1.95 billion in 2024 at a CAGR of 10.0%. Contributing factors include growing awareness of rosacea, better healthcare access, rising disposable incomes, and government support for research and treatment.
The rosacea market is anticipated to see strong growth, reaching $2.76 billion by 2028, at a CAGR of 9.0%. Factors contributing to this include biologic therapies, demand for personalized medicine, an aging population, and an increasing prevalence of comorbidities. Key trends include minimally invasive and non-invasive treatments, digital health solutions, rosacea-specific cosmetics, and non-invasive therapies.
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Rising skin disease prevalence is boosting the rosacea market, as skin conditions impact skin structure and function. Rosacea, linked to skin inflammation, can elevate cancer risk, such as hepatic and non-melanoma cancers. The American Academy of Dermatology Association notes that 9,500 people in the U.S. are diagnosed with skin cancer daily. CDC data also indicates an increase in fungal infection deaths from 5,922 in 2020 to 7,199 in 2021, driving the rosacea market.
1) By Type: Erythematotelangiectatic Rosacea, Papulopustular Rosacea, Ocular Rosacea, Phymatous Rosacea
2) By Drug Class: Antibiotics, Alpha Agonists, Retinoid, Corticosteroids, Immunosuppressants, Other Drug Classes
3) By Mode of Administration: Topical, Oral
4) By End-User: Hospitals, Clinics, Retail pharmacies, Online pharmacies
Leading companies in the rosacea market are focusing on developing new products to strengthen their market position. For example, in June 2022, Galderma S.A., a Switzerland-based pharmaceutical company, launched EPSOLAY cream, the first and only topical treatment with microencapsulated benzoyl peroxide (E-BPO) to treat rosacea-related bumps and blemishes. The cream utilizes Sol-Gel Technology’s proprietary technology to encapsulate the benzoyl peroxide in silica-based microcapsules, forming a barrier to reduce irritation and dryness commonly associated with traditional benzoyl peroxide treatments.
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North America was the largest region in the industrial artificial intelligence market in 2023. The regions covered in the industrial artificial intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Rosacea Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the rosacea market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Rosacea Market Include
1. Rosacea Market Executive Summary
2. Rosacea Market Segments
3. Rosacea Market Size And Template Market Growth Rate
4. Key Rosacea Market Trends
5. Major Rosacea Market Drivers
……
25. Key Mergers And Acquisitions In The Rosacea Market
26. Top Rosacea Companies
27. Rosacea Market Opportunities And Strategies
28. Rosacea Market, Conclusions And Recommendations
29. Appendix
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