Acitretin Market would rocket up to USD 170.00 Million by 2030

PRESS RELEASE
Published August 17, 2023

Global Acitretin Market study by “Data Bridge Market Research” provides details about the market dynamics affecting the Healthcare Business Intelligence market, Market scope, Market segmentation, and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.

Data Bridge Market Research analyses that the Acitretin market, which was USD 30.00 million in 2022, would rocket up to USD 170.00 million by 2030 and is expected to undergo a CAGR of 4.5% during the forecast period. This indicates the market value. Psoriasis dominates the application segment of the Acitretin market owing to the growing demand for retinoids. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Download PDF Sample Report (Including Graphs, Charts, and List of Figures) @ https://www.databridgemarketresearccom/request-a-sample/?dbmr=global-acitretin-market&Shri 

Acitretin is a retinoid drug with similar activity to that of vitamin A. Acitretin is a water-soluble drug and is relatively less deposited in adipose tissue. FDA has approved Acitretin for psoriasis treatment involving generalized pustular psoriasis, pustular psoriasis localized, and severe plaque psoriasis, among others. It can be used as either monotherapy or combination therapy in conjunction with UVB (ultraviolet B), psoralen ultraviolet A (PUVA), cyclosporine, and also in combination with biological therapies.

Drivers

  • Rising number of chronic diseases

The growing number of chronic diseases directly influences the demand for drugs that offer more precision and emerging technologies, such as new innovative pharmaceuticals, which is expected to drive the market’s growth.

  • Research and development proficiencies

The rising expenditure for research and development proficiencies, especially in developed and developing economies about medical drugs will further create lucrative market growth opportunities. Research and development proficiencies being conducted to develop medical instruments are also expected to drive the market growth rate.

  • Growing investment for healthcare facilities

Surging focus on improving healthcare facilities’ condition and overall healthcare infrastructure is another crucial factor fostering the market growth. The rising number of partnerships and strategic collaborations between the public and private players about funding and application of new and improved technology is further expected to create lucrative market opportunities.

Recent Development

  • In April 2018, a Pediatric pharmacy advocacy group published about the unique preparation and delivery method for Acitretin for neonatal harlequin ichthyosis. No authors were found to be in conflict about the manuscripts, products, grants, and medication.
  • In May 2020, Allergen plc, a manufacturer of the acitretin drug was acquired and merged into AbbVie Inc. This helped to develop the service of production and distribution of the drug acitretin.

Acitretin Market Scope Overview:

REPORT METRIC DETAILS
Forecast Period 2023 to 2030
Base Year 2022
Historic Years 2021 (Customizable to 2015-2020)
Quantitative Units Revenue in USD Million, Volumes in Units, and Pricing in USD

Fundamental Aim of this Market Report

  • Factors influencing This Market Size and growth rate.
  • Major alterations to this market in the near future.
  • Notable Market rivals around the world.
  • Future Scope and Product Outlook
  • Future-promising emerging markets.
  • The Market Presents Difficult Challenges and Threats.

Some of the major players operating in the Acitretin market are:

  • Biophore India Pharmaceuticals Pvt Ltd (India)
  • Hangzhou Jinlan Pharmaceutical Technology Development Co., Ltd (China)
  • Glopec International Inc. (Canada)
  • Sun Pharma Industries Limited (India)
  • Chongqing Huapont Pharmaceutical Co., Ltd. (China)
  • SGPharma Pvt Ltd (India)
  • AvKARE, LLC.(U.S.)
  • Merck KGaA (Germany)
  • Stiefel Laboratories Inc.(U.S.)
  • Sionc Pharmaceuticals Pvt Ltd.(India)
  • Prasco Laboratories (U.S.),
  • Teva Pharmaceuticals USA, Inc. (U.S.)

To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@  https://www.databridgemarketresearch.com/reports/global-acitretin-market?Shri

Acitretin market Scope

Product Type

  • Branded
  • Generics

Dose Strength

  • 10mg
  • 25mg
  • 50mg

Application

  • Psoriasis
  • Solid Organ Transplant
  • Darier Disease
  • Pityriasis Rubra Pilaris

End-Users

  • Dermatology clinics
  • Specialty clinics
  • Hospital Pharmacy
  • Ambulatory Surgical Centre
  • Others

Distribution Channel

  • Direct Tende
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Key highlights of this Market report:

  • Growth rate
  • Remuneration prediction
  • Consumption graph
  • Market concentration ratio
  • Secondary industry competitors
  • Competitive structure
  • Major restraints
  • Market drivers
  • Regional bifurcation
  • Competitive hierarchy
  • Current market tendencies
  • Market concentration analysis

What benefits does the DBMR study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Market Regulations
  6. Market Overview

Continued…

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-acitretin-market&Shri

Key Benefits of the Report:

  • This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
  • The current market is quantitatively analyzed to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.

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