Factors such as large patient population, new product launch, increase in smoking, growth in consumption of alcohol, large pipeline drugs, and climatic changes are projected to drive the facial erythema treatment market globally. According to the United Nations Population Fund (UNFPA), the human population worldwide is growing at a rate of 1.1%. Technological advancement and rapid rise in population are other factors which are expected to fuel the growth of this market. However, generic competition and stringent regulations for product approvals are hindrances which are anticipated to restrict the market growth.
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Facial Erythema Treatment Market: Region-wise Outlook
Regionally, the market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and the Middle East and Africa. North America dominates the facial erythema treatment market owing to early adoption of the treatment as the region has the most vulnerable fair skinned population and also changing lifestyle is triggering the occurrence of facial erythema market due to the drastic changes in the climate leading to many skin diseases, increase in skin treatment awareness, the rise in alcohol consumption and increased government funding for the treatment of facial erythema. Europe is the second leading market for facial erythema treatment market due to large research and development activities and increases in consumption of alcohol. The market in Asia-Pacific is expected to grow at a higher rate due to larger target patient pool, changing lifestyle, rapid population growth, adoption of western lifestyle, and increase in research and development. According to the Institute of Alcohol Studies, the worldwide average consumption of pure alcohol per adult is of 6.2 liters/year. In Brazil, the average is 8.7 liters/year.
Facial Erythema Treatment Market: Key Players
Some of the major players in the facial erythema treatment market are Anacor Pharmaceuticals Inc., Astellas Pharma Inc., Galderma S.A., Meda Pharmaceuticals, Novartis International AG, Pfizer Inc., Regeneron Pharmaceuticals Inc., Sanofi S.A., and Valeant Pharmaceuticals International, Inc. To leverage the growth opportunities in this regional market, various prominent players are focusing on strengthening their presence in Europe through acquisitions, expansions, product launches and approvals. For instance, in February 2014, Galderma S.A. (Switzerland) received marketing authorization from the European Commission for its Mirvaso gel (indicated for the symptomatic treatment of facial erythema of rosacea in adults) in Europe.
This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically-supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product type, material type, and end-use.
The Report covers exhaust Analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends /Issues/Challenges
- Competition & Companies involved
- Technology
Regional analysis includes
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.?
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The market for facial erythema treatment is segmented into drug type, type of disease, distribution channel, and regions:
By drug type, the facial erythema treatment market can be segmented into,
- Emollients
- Antihistamines
- Antifungal
- Antibiotics
- Corticosteroids
- Calcineurin inhibitors
By disease type, the facial erythema treatment market can be segmented into,
- Erythematotelangiectatic (ETR)
- Papulopustular (PPR)
- Phymatous
- Ocular
By distribution channel, the facial erythema treatment market can be segmented into,
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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