Pruritus Drugs Market was valued at USD 12.40 Billiion in 2020 and is expected to reach USD 19.98 Billion by year 2028, at a CAGR of 6.23
The paper discusses remedies for “Pruritus,” an uncomfortable feeling that makes people want to itch their skin. There are many different skin diseases and other underlying causes of pruritus that can be treated with pruritus therapies. A significant disruptive development in the pruritus market is the recent introduction of TRP channels as a therapeutic target for treating itching. Accordingly, some of the newly developing TRP channel modulation techniques that can be employed to treat pruritus include TRPM8 agonists and TRP channel antagonists.
A few of the major drivers of market growth in the industry are the increasing prevalence of target diseases, unmet needs of pruritus patients driving drug development, pharmaceutical companies’ significant focus on developing novel mechanisms-based pruritus drugs, upcoming patent expiry, availability of public and private funds for research, and favourable regulatory environment. The primary barriers to market growth between 2019 and 2026, however, are associated adverse effects and the accessibility of cutting-edge alternative treatment options like phototherapy.
Pruritus is a primary skin disorder that results in an unpleasant sensation that provokes the desire to itch or scratch. In other words, pruritus is a dermatological disorder that leads to severe and vigorous itching. The intensity of itching ranges from mild itchiness to insistent. The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.
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Global Pruritus Drugs Market: By Type
Topical
Oral
Parenteral
Global Pruritus Drugs Market: By Application
Hematologic Pruritus
Oncological Pruritus
Renal Pruritus
Endocrine Pruritus
Cholestatic Pruritus
Global Pruritus Drugs Market: Key Players
Allergan Plc
Astellas Pharma Inc.
GlaxoSmithKline Plc
Pfizer Inc.
Sanofi
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
What’s Included in the Report –
- Market size and growth projections, 2020- 2030
- Market size, share, and growth projections across regions and countries, 2022- 2030
- Market size and CAGR of key products, applications, and end-user verticals, 2022- 2030
- Short and long term Market trends, drivers, restraints, and opportunities
- Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
- Latest market news and developments
This Market report provides experts analysis, strategies, insights, scope and upcoming trends with different type and applications. Artificial Cerebrospinal Fluid Market also provides tables and figures for good understanding of data. Different data like industry segment, channel segment and many more segment data covered in this report. The aim of this report is to give advice and awareness to businesses interested in this Market.
FAQs:
- What is the driving factor for the growth of this market?
- How will the COVID-19 pandemic impact the demand and consumption of this market?
- What is the major application area of this market?
- Who are the manufacturers of this market across the globe?
- Which geographical location is dominant in this market?
- Which are the top industry players in this market?
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