Rosacea Therapeutics Market – Emerging Trends and New Technologies Research 2016 – 2024
Transparency Market Research helps companies relevant to rosacea therapeutics strengthen their standing in its global market through a report titled “Rosacea Therapeutics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.” The report prepares a detailed analysis of the market in terms of multiple factual and statistical facets of the market.
One of the primary drivers of the global rosacea therapeutics market is the increasing rate of awareness among patients of the existence of the disease and its various symptoms. The rate of awareness is relatively higher in developed economies than in emerging ones. The level of awareness has increased significantly after the large-scale usage of smartphones and the availability of high-speed internet. A majority of rosacea patients can treat their symptoms through the use of over-the-counter ointments and creams, which is where most of the key players in the market are focusing.
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According to the National Rosacea Society, close to 95% of the patients suffering from rosacea are unaware that they have the disease until after they are medically diagnosed with it. This points to one of the key concerns regarding the global rosacea therapeutics market: the extremely high rate of lack of awareness among patients. This is a heavily restraining factor on a market dedicated to resolving a skin disease that affects millions of people globally.
From the research and development angle, the global rosacea therapeutics market suffers even further due to the absence of a solid treatment for the disease. Although there are no real treatment options, the global rosacea therapeutics market focuses on relieving a patient of the symptoms of the disease and thus helping them manage it. This includes a list of topical medicines that can target the various symptoms of the disease, including ivermectin and metronidazole creams.
Additionally, the global rosacea therapeutics market also includes two commonly used antibiotics oxy- tetracycline and tetracycline. New products are also being launched in the global rosacea therapeutics market in order to mitigate or negate the side effects that occur due to the use of the previous treatments. For instance, brimonidine tartrate has received positive reviews from users due to its long-lasting and quick-action effects. However, even this drug is not completely free of side effects.
Owing to the complexities involved in the treatment of rosacea, the global rosacea therapeutics market is divided in terms of the various symptoms that are being treated. These include eye irritation, skin thickening, bumps and pimples, and facial redness as these are the most common symptoms of the disease. The treatment of the symptoms of rosacea also depends heavily on the actual diagnosis of the disease.
From a geographical perspective, the global rosacea therapeutics market has consistently been led by North America, due to the high level of advancements and developments made by the U.S. This region holds a very high rate of awareness of rosacea and its symptoms when compared to other regions, making is a key region of interest for most players in the global rosacea therapeutics market. North America is also expected to remain the leading player in the market due to the high level of advancements in this region’s market.
The leading players in the global rosacea therapeutics market include Allergan Plc, Foamix Pharmaceuticals Ltd., Merz Pharma GmbH & Co. KgaA, Amorepacific Corporation, TWi Pharmaceuticals, Inc., Hovione FarmaCiencia SA, Delenex Therapeutics AG, Promius Pharma, LLC, and Valeant Pharmaceuticals International, Inc.
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