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Prurigo Nodularis Therapeutics Market will grow at 4.2% CAGR, to be valued at US$ 1,099.1 Million by 2028 | Global Industry Analysis by Company Profiles | Bayer AG, GlaxoSmithKline Plc., Johnson & Johnson Services, Inc.

May 31st, 2022 Coherent Market Insights Releases

Overview

Prurigo nodularis is a skin condition characterized by irritated firm bumps on the skin. It has an impact on people of all ages, but primarily on adults aged 20–60 (both men and women).It has been linked to illnesses such as anemia, chronic renal failure, gluten enteropathy, HIV contamination, and others, but the true cause of this skin condition is unknown.

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Drivers

Rising occurrences of such skin diseases are supposed to drive the global prurigo nodularis therapeutics market’s development during the conjectured timeframe. According to the Journal of the American Academy of Dermatology (JAAD) 2020, the prevalence of Prurigo nodularis in the United States increased from 36.7 to 43.9 per 100,000 people.

The global prurigo nodularis therapeutics market had a valuation of US$ 824.4 million in 2022 and is anticipated to grow at a CAGR of 4.2% over the estimated timeframe (2022-2028).

Expanding drug endorsements are supposed to drive the global prurigo nodularis therapeutics market’s development over the estimated timeframe.

In 2019, Galderma S.A. a drug organization zeroed in on dermatological medicines and healthy skin items, has gotten the U.S. Food and Drug Administration (FDA) advancement treatment assignment for its investigational treatment drug Nemolizumab, for the treatment of pruritus related to prurigo nodularis.

Effect of the Coronavirus (COVID-19) Pandemic

Subsequently, the COVID-19 pandemic has impacted the economy in three primary ways; 1) by straightforwardly influencing creation and request; 2) by making disturbances in appropriation channels; and 3) through its monetary effect on organizations and monetary business sectors.

Also, in May 2020, the government of India declared help for everyday pay laborers and development laborers at a measure of US$ 13.3 per individual across all states and association domains.

Moreover, the Brazilian government declared monetary help to the Brazilian populace to battle against the financial emergencies such as joblessness and others seen in Brazil.

Besides, the medical care offices are taking more time to help the COVID-19 inoculation drives in India by zeroing in on an association with the Government of India to work with the COVID-19 immunization drive from the healthcare offices.

Amrita Institute of Medical Sciences (AIMS) reported the association with the Kerala government to work with the COVID-19 drive in Kerala.

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Restrictions

The lack of talented medical services experts and the accessibility of elective therapy choices are the central points expected to prevent the development of the global prurigo nodularis therapeutics market. The Pimecrolimus skin specialist is essentially as compelling as a hydrocortisone treatment and is presented as an option skin treatment choice that might be carried out in a drawn-out routine.

Additionally, phototherapy can be utilized for the treatment of a few provocative skin conditions and is likewise a remedial option for patients with prurigo nodularis. These factors act as constraints for the global prurigo nodularis therapeutics market.

Competitive Landscape

Key companies contributing to the global prurigo nodularis therapeutics market include Novartis AG, VYNE Therapeutics Inc., Sanofi SA, Galderma SA, Johnson & Johnson Services, Inc., GlaxoSmithKline, Bayer AG, Merck & Co. Inc., Teva Pharmaceutical Industries Ltd., Pfizer Inc., Takeda Pharmaceutical Company Limited, Trevi Therapeutics Inc., and Celgene Corporation.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Prurigo Nodularis Therapeutics Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Prurigo Nodularis Therapeutics Industry Impact

Chapter 2 Global Prurigo Nodularis Therapeutics Competition by Types, Applications, and Top Regions and Countries
2.1 Global Prurigo Nodularis Therapeutics (Volume and Value) by Type
2.3 Global Prurigo Nodularis Therapeutics (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Prurigo Nodularis Therapeutics Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Prurigo Nodularis Therapeutics Market Analysis
Chapter 6 East Asia Prurigo Nodularis Therapeutics Market Analysis
Chapter 7 Europe Prurigo Nodularis Therapeutics Market Analysis
Chapter 8 South Asia Prurigo Nodularis Therapeutics Market Analysis
Chapter 9 Southeast Asia Prurigo Nodularis Therapeutics Market Analysis
Chapter 10 Middle East Prurigo Nodularis Therapeutics Market Analysis
Chapter 11 Africa Prurigo Nodularis Therapeutics Market Analysis
Chapter 12 Oceania Prurigo Nodularis Therapeutics Market Analysis
Chapter 13 South America Prurigo Nodularis Therapeutics Market Analysis
Chapter 14 Company Profiles and Key Figures in Prurigo Nodularis Therapeutics Business
Chapter 15 Global Prurigo Nodularis Therapeutics Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology

About US

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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