Corticosteroids Market
Pharmaceuticals

Global Corticosteroids Market Outlook, Opportunities And Strategies

Learn about the global corticosteroids market through The Business Research Company, which provides information on corticosteroids market size, corticosteroids market drivers and restraints, corticosteroids market players, the COVID-19 impact on the corticosteroids market, and more.

 

The global corticosteroids market size is expected to grow from $4.85 billion in 2021 to $5.05 billion in 2022 at a compound annual growth rate (CAGR) of 4.1%. The change in the corticosteroids market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The corticosteroids market is expected to reach $5.93 billion in 2026 at a CAGR of 4.1%.

 

Increasing prevalence of Skin related disease and the rising incidences of rashes, dermatitis, itching, eczema, and psoriasis contributed to the growth of the corticosteroids market.

 

Request A Sample For The Global Corticosteroids Market Report:
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The corticosteroids therapy market consists of sales of synthetic corticosteroid drugs used to treat a wide variety of disorders, including asthma, arthritis, skin conditions, autoimmune diseases and lowers inflammation in the body. Corticosteroids and their biologically active synthetic derivatives differ in their metabolic (glucocorticoid) and electrolyte-regulating (mineralocorticoid) activities. These agents are employed at physiological doses for replacement therapy when endogenous production is impaired. The market consists of revenue generated by the company’s manufacturing synthetic corticosteroids by the sales of these products.

 

Global Corticosteroids Market Segments Include:

By Product:
Glucocorticoids, Mineralocorticoids

By Application: Skin Allergies, Rhuematology Indications, Endocrinology, Acute Respiratory Diseases, Others

By End-User: Hospitals, Clinics, Research Institutes, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the corticosteroids therapy market in 2021.

 

The development of silicones for topical and transdermal drug delivery is one of the key trends in corticosteroid therapy market. Silicone gel sheets are soft wound covers composed of cross-linked polymers reinforced with or bonded to mesh or fabric. A new strategy to deliver drugs to the inner ear from dexamethasone (DXM)-loaded silicone implants and to evaluate the distribution of the drug in the cochlea with confocal microscopy and development of a new device for local corticosteroids delivery into the oval window with an extended drug release of DXM to the inner ear is also seen in recent years.

 

TBRC’s corticosteroids market report covers:

Major Market Players: Sumitomo, Pfizer, Novartis, Merck, Sanofi, Johnson and Johnson, GSK, AstraZeneca, Cipla, LEO Pharma, Abbott Laboratories, Bayer and Zizhu Pharma.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Corticosteroids Global Market Report 2022–Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides corticosteroids market overviews, analyses and forecasts market size, share, corticosteroids market players, corticosteroids market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s corticosteroids market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

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