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Topical Corticosteroids Market Competitive Analysis by AstraZeneca, Almirall, LLC, Godetia Healthcare, Bayer AG, McKesson Medical-Surgical Inc., Regeneron, ALLERGAN, Galderma laboratories

Topical Corticosteroids Market analysis provides an examination of various segments that are supposed to witness the quickest development amid the estimated forecast frame. The market study of this report takes into consideration market attractiveness analysis, where each segment is benchmarked based on its market size, growth rate, and general attractiveness. This market research report helps the clients understand the various drivers and restraints impacting the market during the forecast period. Market research reports like this Topical Corticosteroids Market surely helps to reduce business risk and failure. For effectual business growth, companies must adopt market research report service which has become quite vital in this rapidly changing marketplace.

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Global Topical Corticosteroids Market is expected to rise from its initial estimated value of USD 3154.01million in 2018 to an estimated value of USD 4877.24 million by 2026, registering a CAGR of 5.6% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing prevalence of chronic disease or condition.

Few of the major competitors currently working in the topical corticosteroids market are

GlaxoSmithKline plc. (UK),

Merck Sharp & Dohme Corp. (US),

LEO (Denmark),


S.A (Spain),

Bausch Health (Canada),

Cerecor, Inc.,

Sandoz International GmbH (Germany),

Pfizer Inc. (US),

Sanofi (France),

AstraZeneca (UK),

Almirall, LLC,

Godetia Healthcare,

Bayer AG,

McKesson Medical-Surgical Inc.,

Regeneron (US),

ALLERGAN (Ireland),

Galderma laboratories (Switzerland),

Novartis AG (Switzerland), and others.

Key Developments in the Market:

  • In April 2019, ViiV Healthcare announced that they got approval from US Food and Drug Administration (FDA) to Dovato, the first, once-daily, single-tablet, two-drug regimen for treatment.
  • In April 2019, GSK receives approval from U.S related to Benlysta for intravenous use in children with lupus aged five years and above.

Market Definition: Global Topical Corticosteroids Market

Topical corticosteroids (steroids) is defined as a medications which is directly applied to the skin with intention to reduce irritation and inflammation, ; it is available in several different forms like ointments, gels, creams, lotions, mousses. They are available in four different potencies (strengths), known as mild, moderate, potent, and very potent

According to the CDC, in U.S 2 million people are infected with bacteria that are resistant to antibiotics, and at least 23,000 people die due to such infections. Increasing investment in research and development, act as a driver to the market.

Topical Corticosteroids Market Drivers

  • Growing number of geriatric population, this act as a driver to the market.
  • Growth in demand of topical drug delivery drugs, this act as a driver to the market.

Topical Corticosteroids Market Restraints

  • Expiry of patent for drugs, this act as restraints to the market.
  • Weak reimbursement policies, this act as restraints to the market.

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Segmentation: Global Topical Corticosteroids Market

Topical Corticosteroids Market: By Molecule Name

  • Fludroxycortide
  • Triamcinolone Acetonide
  • Fluocinolone Acetonide
  • Antiseptics
  • Betamethasone
  • Clobetasone Propionate
  • Clobetasone Butyrate
  • Halobetasone
  • Mometasone
  • Others

Topical Corticosteroids Market: By Potency Class

  • Ultra High
    • Clobetasol Propionate
    • Diflorasone Diacetate
    • Betamethasone Dipropionate Glycol
  • High
    • Amcinonide
    • Betamethasone Dipropionate
    • Desoximetasone
    • Fluocinonide
    • Others
  • Moderate
    • Desoximetasone
    • Fluocinolone Acetonide
    • Fludroxycortide
    • Hydrocortisone Valerate
    • Triamcinolone Acetonide
    • Clobetasone Butyrate
    • Others
  • Mild
    • Hydrocortisone
    • Hydrocortisone Acetate
    • Betamethasone Valerate
    • Desonide
    • Fluocinolone Acetonide
    • Other

Topical Corticosteroids Market: By Application

  • Acne
  • Dermatitis
  • Psoriasis
  • Skin Infection
  • Hyperpigmentation
  • Melasma
  • Others

Topical Corticosteroids Market: By Medication Type

  • Ointments
  • Creams
  • Liquid & Solutions
  • Lotions
  • Gel
  • Oils
  • Pastes
  • Sprays
  • Others

Topical Corticosteroids Market: By End User

  • Hospital
  • Dermatology Clinics
  • Homecare
  • Others

Topical Corticosteroids Market: By Distribution Channel

  • Hospital Pharmacies
  • Pharmacy Stores
  • Online Pharmacies
  • Others

Topical Corticosteroids Market: By Purchase Mode

  • Over The Counter (Otc) Based
  • Prescription Based

Topical Corticosteroids Market: By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Reasons to Purchase this Report

  • Current and future of global topical corticosteroids market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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    • CDN Newswire
Last Updated: 14-Jul-2020