Australia Atopic Dermatitis Drugs Market Size & Outlook
Australia atopic dermatitis drugs market, 2017-2028 (US$M)
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Australia atopic dermatitis drugs market highlights
- The Australia atopic dermatitis drugs market generated a revenue of USD 288.1 million in 2020 and is expected to reach USD 707.5 million by 2028.
- The Australia market is expected to grow at a CAGR of 11.9% from 2021 to 2028.
- In terms of segment, topical was the largest revenue generating administration in 2020.
- Injectable is the most lucrative administration segment registering the fastest growth during the forecast period.
Atopic dermatitis drugs market data book summary
| Market revenue in 2020 | USD 288.1 million |
| Market revenue in 2028 | USD 707.5 million |
| Growth rate | 11.9% (CAGR from 2020 to 2028) |
| Largest segment | Topical |
| Fastest growing segment | Injectable |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical, Injectable, Oral |
| Key market players worldwide | Pfizer Inc, Sanofi SA, AbbVie Inc, Galderma Group AG Registered Shares, Eli Lilly and Co, Regeneron Pharmaceuticals Inc, Otsuka Holdings Co Ltd, Novartis AG ADR, Incyte Corp, LEO Pharma |
Other key industry trends
- In terms of revenue, Australia accounted for 2.7% of the global atopic dermatitis drugs market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan atopic dermatitis drugs market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 819.3 million by 2028.
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Atopic Dermatitis Drugs Market Scope
Atopic Dermatitis Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia atopic dermatitis drugs market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to atopic dermatitis drugs market will help companies and investors design strategic landscapes.
Topical was the largest segment with a revenue share of 36.62% in 2020. Horizon Databook has segmented the Australia atopic dermatitis drugs market based on topical, injectable, oral covering the revenue growth of each sub-segment from 2017 to 2028.
Increasing prevalence of atopic dermatitis and comorbidities that make them more susceptible to atopic dermatitis are some of the major factors driving the market in Australia. Increasing geriatric population is likely to further drive market growth in Australia.
According to the Australian Institute of Health and Welfare, in 2017, about 1 in 7 people in the country was aged 65 years or above, leading to an increase in disease burden. The growth in target population, consumer awareness, and technological advancements are expected to drive the market in the near future.
The overall prevalence of atopic dermatitis in Australia is 16.4%, while the average rate of experiencing it at least once in a lifetime is 32%. The mixed public and private healthcare system in the nation is actively used to provide universal Medicare to the patients.
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Our clientele includes a mix of atopic dermatitis drugs market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia atopic dermatitis drugs market , including forecasts for subscribers. This country databook contains high-level insights into Australia atopic dermatitis drugs market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Australia atopic dermatitis drugs market size, by administration, 2017-2028 (US$M)
Australia Atopic Dermatitis Drugs Market Outlook Share, 2020 & 2028 (US$M)
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