The global seborrheic dermatitis treatment market is expected to reach USD 3.28 billion by 2025, exhibiting a strong 10.5% CAGR over the forecast period from 2019 to 2025. This information is taken from a new report from Market Research Future (MRFR). The report presents a detailed profile of the global seborrheic dermatitis treatment market by providing readers a detailed look at the market’s historical growth trajectory. Major factors affecting the market’s growth trajectory are also assessed in the report in order to provide a close look at the major drivers and restraints acting on the market. Based on this information, forecasts are provided for the market’s likely growth trajectory over the forecast period.
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Seborrheic dermatitis is a chronic inflammatory disorder affecting mainly the head and face. Environmental and genetic factors are the primary causes of seborrheic dermatitis. The hormonal composition of the body is the major factor behind the onset of seborrheic dermatitis, as changes in hormone levels are the primary cause of seborrheic dermatitis. Seborrheic dermatitis causes scaly skin, red patches on the skin, and stubborn dandruff. Due to this, seborrheic dermatitis can be highly damaging to a person’s appearance and thus self-respect, as other people may treat patients of seborrheic dermatitis differently due to the effects of the disease. Scaly skin and dandruff are especially damaging factors and can cause a significant drop in a person’s self-esteem. This has led to a growing demand for effective remedies for seborrheic dermatitis. Rising awareness about seborrheic dermatitis is likely to be a major driver for the global seborrheic dermatitis treatment market over the forecast period.
Clinical advancements in seborrheic dermatitis treatment are likely to be a major driver for the global seborrheic dermatitis treatment market. Many new techniques have been developed for dermal conditions in recent years, as lasers, new advanced lotions, and associated technologies have presented doctors with new and more effective ways of treating skin conditions. Increasing research and development in the field of drugs against skin diseases is likely to be a major driver for the global seborrheic dermatitis treatment market.
Seborrheic Dermatitis Treatment Market- Competitive Analysis:
Leading players in the global seborrheic dermatitis treatment market include Sonoma Pharmaceuticals, Merck, Hikma Pharmaceuticals, Allen and Hanburys, GlaxoSmithKline, Bausch Health, Valent Pharmaceutical, and West-Ward Pharmaceutical Corp. R&D into the development of new treatments is likely to be a major competitive strategy for players in the global seborrheic dermatitis treatment market over the forecast period. Many new players in the global seborrheic dermatitis treatment market are likely to invest in new research efforts in the coming years.
Seborrheic Dermatitis Treatment Market- Segmentation:
The global seborrheic dermatitis treatment market is segmented on the basis of treatment type, route of administration, end user, and region.
By treatment type, the global seborrheic dermatitis treatment market is segmented into antifungal products, corticosteroid lotions, and sulfur products. Antifungal products are the largest segment of the global seborrheic dermatitis treatment market, as pharmacological products such as antifungal products are widely available and used against skin conditions. Antifungal products mainly contain selenium sulfide, azole agents, pyrithione zinc, sodium sulfacetamide, and topical terbinafine.
By route of administration, the global seborrheic dermatitis treatment market is segmented into oral and topical. Oral products hold the dominant share in the global seborrheic dermatitis treatment market, although topical products also hold a major share in the global market.
By end use, the global seborrheic dermatitis treatment market is segmented into hospital pharmacies, retail pharmacies, and others. The hospital pharmacies segment holds the largest share in the global seborrheic dermatitis treatment market.
Seborrheic Dermatitis Treatment Market- Regional Analysis:
The Americas are the largest regional market for seborrheic dermatitis treatment and are likely to retain the position in the coming years. The growing awareness about skin conditions in North America is likely to be a major driver for the seborrheic dermatitis treatment market in the Americas over the forecast period. The strong presence of major pharmaceutical industry players in the region is also a major driver for the seborrheic dermatitis treatment market in the Americas.
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