Global Prurigo Nodularis Therapeutics Market
The Global Prurigo Nodularis Therapeutics Market had a valuation of US$ 824.4 million in 2021 and is anticipated to grow at a CAGR of 4.2% over the estimated timeframe (2021–2028), as highlighted in a new report published by Coherent Market Insights.
The global prurigo nodularis therapeutics market is supposed to observe fast development over the conjectured timeframe, inferable from expanding innovative work items. On August 7, 2018, Menlo Therapeutics Inc., declared the top line result from MTI-103 (ATOMIK), the Phase 2 clinical preliminary of serlopitant for the treatment of pruritus in grown-ups and teenagers with a background marked by atopic dermatitis (AD).
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Effect of the Coronavirus (COVID-19) Pandemic
The (COVID-19) pandemic and lockdown in different nations across the globe, like the U.S., Europe, and India, has affected the monetary status of organizations in all areas. The private medical services area is one of the areas that has been significantly affected by the pandemic.
The lockdowns in different nations have put a monetary weight on the private medical services area. Medical services suppliers are confronting difficulties concerning labor, hardware, consumables, and different assets to guarantee the wellbeing of patients with different sicknesses and declining short-term visits, among others.
Also, the pandemic has harmed the creation and supply of medications and has impacted the development of the medical services portion of different organizations across the globe. This has prompted the conclusion of modern foundations, aside from the assembling of fundamental items, consequently causing an interruption in the inventory network of items.
Due to worldwide lockdowns, production networks and assembling exercises in India, China, the U.S., and others have been disturbed. Though, nations like Thailand, Indonesia, Singapore, and others are dealing with issues related to the transportation of medications and prescriptions.
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Key Takeaways
The global prurigo nodularis therapeutics market is supposed to show a CAGR of 4.2% over the forecasted timeframe, attributable to expanding innovative work exercises by different organizations to fabricate drugs for the treatment of prurigo nodularis. In 2016, Trevi Therapeutics, Inc., a late-stage clinical improvement organization that created oral Nalbuphine ER for constant pruritus conditions, declared positive outcomes from its Phase 2 preliminary for the treatment of moderate to extreme prurigo nodularis.
Among regions, the North America area represented the biggest share in 2021. Inferable from the presence of significant central members in this locale like Pfizer Inc., Celgene Corporation, Johnson & Johnson Services, Inc., and Trevi Therapeutics Inc.
Major 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 Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Impact Analysis
- Pest Analysis
- Product Portfolio Analysis
- Company Market Share Analysis
- Regulatory scenario
- Key Development
- Pipeline Analysis
- Market Dynamics
- Global Prurigo Nodularis Therapeutics Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Economic Impact
- Impact on Clinical Trials and Drug Development
- Global Prurigo Nodularis Therapeutics Market, By Product Type, 2021 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
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- Capsaicin Cream
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Antihistamines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Anticonvulsants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Introduction
- Global Prurigo Nodularis Therapeutics Market, By Distribution Channel, 2021 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Introduction
View Press Release: https://www.coherentmarketinsights.com/press-release/prurigo-nodularis-therapeutics-market-3760
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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