The global Rosacea Treatment Market size
is expected to reach USD 2.6 billion by 2025, according to a new report by
Grand View Research, Inc. It is anticipated to register a CAGR of 6.8% over the
forecast period. Several factors such as an advanced formulations and high
prevalence of the disease are forecasted to fuel the market growth.
Rosacea affects more than 400
million people worldwide and the global incidence among adults is estimated at
5%. Less than 1.5 million patients seek treatment, making it a highly
underdiagnosed condition. This disease has a higher incidence in women than men,
with several studies claiming a possible association between rosacea and
menopause. In the absence of an absolute cure, treatment options are largely
focused on management of the disease.
The market for rosacea
treatment is majorly genericized due to multiple patent expiries, leading to a
highly fragmented therapeutic landscape. Rosacea is an underdiagnosed condition
and is frequently misdiagnosed as acne. Off-label use of therapeutics pose an
intensely competitive space for rosacea-specific treatments.
Topical therapies remain the
mainstay for treatment. Topical products captured more than 60% market share in
2017. Although topical items are expected to maintain their lead over oral
medicines through the forecast period, the market is witnessing a paradigm
shift supported by the increasing inclination towards combination products.
Therapeutic options available
for rosacea treatment are antibiotics, alpha agonists, retinoids,
immunosuppressants, corticosteroids, antihypertensive agents, and others.
Antibiotics are prescribed for the first-line treatment, making them the
dominant drug class in 2017-a trend expected to continue through 2025.
The rosacea treatment market
growth is supported by strong commercial sales from key products such as
Rhofade, Mirvaso, Oracea, MetroGel, Noritate, and Finacea. Although increased
penetration of generic drugs is a constraining factor, the impending launch of
several promising pipeline products indicate an optimistic future for the
global market.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/rosacea-treatment-market
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