We have an updated report [Version - 2024] available. Kindly sign up to get the sample of the report.
all report title image

ROSACEA TREATMENT MARKET ANALYSIS

Rosacea Treatment Market, By Drug Class (Antibiotics, Alpha agonists, Retinoids, Corticosteroids, Immunosuppressants, and Other drug classes), By Route of Administration (Topical and Oral), By Type (Erythematotelangiectatic rosacea, Papulopustular rosacea, Ocular rosacea, and Phymatous rosacea), By Distribution Channel (Hospital Pharmacies, Retail pharmacies, and Online pharmacies), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

  • Published In : Nov 2023
  • Code : CMI5954
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

The Global Rosacea Treatment Market size is expected to reach US$ 2.96 billion by 2030, from US$ 1.91 billion in 2023, at a CAGR of 6.5% during the forecast period.

The Global Rosacea Treatment Market is segmented by drug class, route of administration, type, distribution channel, and region. By Drug class, the market is segmented into Antibiotics, Alpha agonists, Retinoids, Corticosteroids, Immunosuppressants, and Other drug classes. The Antibiotics segment accounts for the largest market share due to the increased prevalence of rosacea globally.

Global Rosacea Treatment Market Regional Insights:

  • North America is the leading market for rosacea treatment, accounting for 8% of the global market in 2023. This is attributed to the high prevalence of rosacea in the region, along with the presence of a large number of well-established pharmaceutical companies.
  • Europe is another key market for rosacea treatment, accounting for 25.34% of the global market in 2023. The regional is expected to witness significant growth in the coming years, due to the rising awareness about rosacea and the availability of effective treatment options.
  • Asia Pacific is the third largest market for rosacea treatment, accounting for 19.34% of the global market in 2023. The regional is expected to witness strong growth in the coming years, due to the increasing prevalence of rosacea and the growing demand for OTC rosacea treatments.

 Figure 1. Global Rosacea Treatment Market Share (%), by Region, 2023

ROSACEA TREATMENT MARKET

To learn more about this report, request sample copy

Analyst View: The Global Rosacea Treatment Market is expected to grow steadily over the forecast period driven by the rising prevalence of rosacea worldwide. North America currently dominates the market due to high awareness levels and established healthcare infrastructure in the region. However, Asia Pacific is likely to witness the fastest growth owing to the ever-growing population suffering from rosacea and improving access to diagnosis and treatment in developing countries such as India and China.

Global Rosacea Treatment Market Drivers:

  • Increasing Prevalence of Rosacea: Rosacea is a common chronic skin condition affecting millions of people worldwide. The rising prevalence of rosacea is one of the primary drivers of the treatment market. Factors such as changing lifestyles, environmental factors, and genetic predisposition contribute to the growing number of rosacea cases, creating a demand for effective treatments. For instance, according to data published by Springer Nature in 2021, the global prevalence of rosacea was estimated at 5.5% of the adult population. Furthermore, men and women were found to be equally affected
  • Growing Awareness and Diagnosis: There has been an increased awareness and understanding of rosacea among both patients and healthcare professionals. This improved awareness has led to better diagnosis and early detection of the condition, driving the demand for treatment options. For instance, In April 2022, Galderma, a pharmaceutical company specializing in dermatological treatments and skin care products, announced that This Rosacea Awareness Month (April), the company is encouraging the rosacea community and their friends and family to get creative and submit a piece of art, a photograph, a selfie, poetry, music, videos, and even letters to Rosacea Space, a virtual experience created to raise awareness of this chronic condition
  • Increasing availability of advanced therapies: Another major driver for the Global Rosacea Treatment Market growth is the growing availability and adoption of new and advanced therapies. Traditionally, topical antibiotic creams and oral antibiotics were the mainstay of rosacea treatment. However, in the recent past, there has been tremendous progress in research and development of more targeted therapies. Biologics like monoclonal antibodies targeting key inflammatory pathways involved in rosacea pathology have emerged as breakthrough therapies.

Rosacea Treatment Market Report Coverage

Report Coverage Details
Base Year: 2023 Market Size in 2023: US$ 1.91 Bn
Historical Data for: 2018 to 2022 Forecast Period: 2023 - 2030
Forecast Period 2023 to 2030 CAGR: 6.5% 2030 Value Projection: US$ 2.96 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Drug Class: Antibiotics, Alpha agonists, Retinoids, Corticosteroids, Immunosuppressants, and Other drug classes
  • By Route of Administration: Topical and Oral
  • By Type: Erythematotelangiectatic rosacea, Papulopustular rosacea, Ocular rosacea, and Phymatous rosacea
  • By Distribution Channel: Hospital Pharmacies, Retail pharmacies, and Online pharmacies
Companies covered:

Galderma SA, Allergan plc (AbbVie Inc.), Bayer AG, Pfizer Inc., Leo Pharma A/S, Sol-Gel Technologies Ltd., Foamix Pharmaceuticals Ltd., Mayne Pharma, Group Limited, AnaptysBio, Inc., Mylan N.V.

Growth Drivers:
  • Increasing Prevalence of Rosacea
  • Growing Awareness and Diagnosis
  • Advancements in Treatment Options
  • Rising Demand for Cosmetic Procedures
Restraints & Challenges:
  • Limited Efficacy of Current Treatment Options
  • Side Effects and Safety Concerns
  • Lack of Curative Treatment

Uncover macros and micros vetted on 75+ parameters: Get instant access to report

Global Rosacea Treatment Market Opportunities:

  • Untapped Market Potential: Despite the high prevalence of rosacea, there is still a significant portion of the affected population that remains undiagnosed and untreated. Expanding awareness campaigns and improving access to healthcare services can help tap into this untapped market potential. Educating both patients and healthcare professionals about the condition and its available treatment options can lead to increased diagnosis rates and treatment-seeking behavior.
  • Development of Novel Therapies: There is a continuous need for the development of novel and more effective therapies for rosacea. Although several treatment options exist, there is still room for improvement in terms of efficacy, safety, and convenience. Research and development efforts aimed at discovering new therapeutic targets can unlock new opportunities in the market.
  • Personalized Treatment Approaches: Rosacea is a complex condition with various subtypes and individual variations in symptoms. Implementing personalized treatment approaches based on patient-specific factors such as subtype, severity, and response to therapies can optimize treatment outcomes. The development of personalized medicine strategies, including genetic profiling and biomarker identification, can open up opportunities for tailored treatment options in the market.
  • Emerging Markets: The Global Rosacea Treatment Market is not limited to developed regions but also includes emerging markets. As healthcare infrastructure and access to medical services improve in these regions, the demand for rosacea treatments is expected to grow. Pharmaceutical companies and healthcare providers can explore these emerging markets to expand their customer base and increase market penetration

Global Rosacea Treatment Market Trends:

  • Increasing Demand for Natural and Gentle Treatments: There is a growing trend towards natural and gentle treatment options for rosacea. Many individuals prefer products and therapies that are free from harsh chemicals and have minimal side effects. As a result, there is a rising demand for botanical extracts, essential oils, and other natural ingredients in topical formulations. Additionally, gentle laser and light-based treatments that minimize discomfort and downtime are gaining popularity
  • Expansion of Topical Treatment Options: Topical medications play a crucial role in managing rosacea symptoms, and there has been a notable expansion in the range of topical treatment options available. Pharmaceutical companies are developing and introducing new topical formulations with improved efficacy, enhanced delivery systems, and convenient dosing regimens. This trend allows for more tailored and targeted treatment approaches for specific subtypes and symptoms of rosacea
  • Focus on Combination Therapies: Combination therapies, which involve the use of multiple treatment modalities, are gaining traction in rosacea management. Combining topical medications, oral antibiotics, laser treatments, and other interventions can provide synergistic effects and better outcomes. Clinical studies exploring the effectiveness of combination therapies and the development of evidence-based guidelines are contributing to the adoption of this trend.
  • Advancements in Laser and Light-based Treatments: Laser and light-based therapies continue to evolve, offering improved efficacy and precision in treating rosacea-related symptoms. Technological advancements in devices, such as selective photothermolysis and fractional laser systems, allow for better targeting of blood vessels and inflammation. Additionally, the development of intense pulsed light (IPL) and other non-laser light-based devices has expanded the options for rosacea treatment.

Global Rosacea Treatment Market Restraints:

  • Limited Efficacy of Current Treatment Options: While there are various treatment options available for rosacea, not all patients experience satisfactory results. Some individuals may not respond well to certain medications or therapies, leading to limited efficacy. The unpredictable nature of rosacea and the varying response of individuals to treatments present a challenge in achieving consistent and optimal outcomes.
  • Counter balance : Key players should invest in extensive research to better understand the underlying causes and mechanisms of rosacea can lead to the development of more effective treatments. This could involve studying the skin microbiome, immune responses, and genetic factors contributing to rosacea
  • Side Effects and Safety Concerns: Certain treatment modalities, such as oral antibiotics, can be associated with side effects and long-term safety concerns. Prolonged use of antibiotics may lead to antibiotic resistance and disruption of the natural microbiome. Similarly, some topical medications can cause skin irritation, dryness, and other adverse reactions. Safety concerns and potential side effects can impact patient compliance and acceptance of treatment options.
  • High Cost of Treatment: The cost of rosacea treatment can be a significant restraint, particularly for individuals without adequate insurance coverage or access to affordable healthcare. Some treatment modalities, such as laser therapies or combination therapies, can be expensive, making them inaccessible to certain patient populations. The high cost of treatment can hinder widespread adoption and limit market growth.

Figure 2. Global Rosacea Treatment Market Share (%), by Drug Class, 2023

ROSACEA TREATMENT MARKET

To learn more about this report, request sample copy

Recent Developments:

New product launches/approval:

  • In May 2022, VYNE Therapeutics Inc., a specialty pharmaceutical company focused on developing and commercializing proprietary therapies to address unmet needs in dermatology, announced that the U.S. Food and Drug Administration (FDA) has approved ZILXI (minocycline) topical foam, 1.5%, for the treatment of inflammatory lesions of rosacea in adults
  • In June 2021, Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd., announced the U.S. launch of its generic version of once daily SOOLANTRA (ivermectin) Cream, 1% for the treatment of inflammatory lesions of rosacea

Acquisition and partnerships:

  • In September 2023, Mayne Pharma, a pharmaceutical company, reimagined its business to focus on dermatology and other core businesses. In line with that, the company has entered into an asset purchase agreement to acquire the global rights to the rosacea treatment RHOFADE (oxymetazoline hydrochloride) cream from medical dermatology companies Novan, a medical dermatology company, and its subsidiary EPI Health
  • In June 2021, Journey Medical Corporation, a partner company of Fortress Biotech, Inc., announced an agreement with Dr. Reddy’s Laboratories Ltd., a leading multinational pharmaceutical company, for the collaborative development and commercialization of the DFD-29 program (Minocycline Modified Release Capsules 40 mg) for the treatment of rosacea. Journey Medical has acquired global commercialization rights including the U.S. and Europe, except that Dr. Reddy’s has retained certain rights to the program in select markets including Brazil, Russia, India and China

Top Companies in Global Rosacea Treatment Market:

  • Galderma
  • Allergan
  • Bayer
  • Foamix Pharmaceuticals
  • Mayne Pharma
  • Leo Pharma
  • Pfizer
  • Dermira
  • Nestlé Skin Health
  • Aclaris Therapeutics

*Definition: Rosacea is a common long-term condition that mainly affects the face. It causes redness and visible blood vessels in the face as well as flare ups that involve pimple-like bumps. There are various products available for treating rosacea. Topical medications are the most common form of treatment and come in creams, gels or lotions that are applied directly to the skin. Some common topical medications include metronidazole, azelaic acid and ivermectin creams which work to reduce redness and bumps. These are generally mild options with minimal side effects but may need to be applied lifelong to maintain control of symptoms.

Share

About Author

Ghanshyam Shrivastava - With over 20 years of experience in the management consulting and research, Ghanshyam Shrivastava serves as a Principal Consultant, bringing extensive expertise in biologics and biosimilars. His primary expertise lies in areas such as market entry and expansion strategy, competitive intelligence, and strategic transformation across diversified portfolio of various drugs used for different therapeutic category and APIs. He excels at identifying key challenges faced by clients and providing robust solutions to enhance their strategic decision-making capabilities. His comprehensive understanding of the market ensures valuable contributions to research reports and business decisions.

Ghanshyam is a sought-after speaker at industry conferences and contributes to various publications on pharma industry.

Missing comfort of reading report in your local language? Find your preferred language :

Frequently Asked Questions

The global Rosacea Treatment Market size was valued at USD 1.91 billion in 2023 and is expected to reach USD 2.96 billion in 2030.

Limited efficacy of current treatment options, side effects and safety concerns, and high cost of treatment are some of the major factors hampering the growth of the Global Rosacea Treatment Market.

The Increasing Prevalence of rosacea, growing awareness and diagnosis, increasing availability of advanced therapies are the key factors driving the growth of the market.

By drug class, the Antibiotics segment leads the Market due to increased prevalence of cancer.

Galderma SA, Allergan plc (AbbVie Inc.), Bayer AG, Pfizer Inc., Leo Pharma A/S, Sol-Gel Technologies Ltd., Foamix Pharmaceuticals Ltd., Mayne Pharma, Group Limited, AnaptysBio, Inc., and Mylan N.V. are some of the major companies in the Market.

North America is expected to continue leading the Market during the forecast period.
Logo

Credibility and Certifications

ESOMAR
DUNS Registered

860519526

Clutch
Credibility and Certification
Credibility and Certification

9001:2015

Credibility and Certification

27001:2022

Logo

Credibility and Certifications

ESOMAR
DUNS Registered

860519526

Clutch
Credibility and Certification
Credibility and Certification

9001:2015

Credibility and Certification

27001:2022

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now

Select a License Type





Logo

Credibility and Certifications

ESOMAR
DUNS Registered

860519526

Clutch
Credibility and Certification
Credibility and Certification

9001:2015

Credibility and Certification

27001:2022

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.