Increasing prevalence of dry skin is one of the significant factors influencing market growth.
The global Xerosis treatment market is expected to reach USD 10.99 Billion by 2027, according to a new report by Reports and Data. Xerosis treatment is used for dermatological complications related to the drying of the skin. It may be caused by a moisture deficiency in the skin, which may be due to aging or underlying ailments, including Diabetes.
Increasing prevalence of xerosis is driving the growth of the market. A significant environmental factor for the occurrence of xerosis are exposure to cold or hot weather with low levels of humidity. Xerosis often aggravates in the winter season, when numerous causes contribute to dryness of skin, such as low humidity, and low-temperature results in a reduced amount of water in the stratum corneum. During summer, continuous exposure to air conditioning may lead to similar effects. Besides, various drugs, as topical or diuretics and systemic retinoid, may temporarily result in dry skin.
Rise in the geriatric population is one of the significant factors influencing market growth. It has been estimated that by 2050 approximately 16% of the global population will be aged more than 65 years, which is expected to increase fivefold since 1950. Forecasts from the World Health Organization (WHO), United Nations (UN), and the EU commission all indicate aging as a significant challenge for society, which demands concentrated efforts to meet the requirements of the elderly. The increase in the number of elderly population is likely boosting the market demand in the upcoming years.
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The report provides comprehensive assessment of the market covering key elements such as revenue estimations, cost analysis, import/export, production and consumption trends, CAGR, gross margin, and supply demand patterns. It also sheds light on recent technological developments, product advancements, and research and development activities in the region.
The report examines the key players operating in the market along with their market position, market share, revenue, gross margin, and business strategies. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. It also covers recent mergers and acquisitions, joint ventures, collaborations, agreements, partnerships, and product launches and brand promotions.
Key companies profiled in the report include:
Avalon Organics, Galderma Laboratories, Unilever, Croda International PLC, Dow Corning Corp., Procter Gamble, Johnson Johnson, United-Guardian Inc., Pfizer Inc., and Hempz, among others.
Market Segmentation by Types:
Treatment Cause Outlook (Revenue, USD Million; 2016-2027)
- Corticosteroids
- Immuno-Modulators
- Topical-Moisturizers
- Others
Symptoms Outlook (Revenue, USD Million; 2016-2027)
- Roughness
- Tightness
- Itching
- Flaky Skin
Route of Administration Outlook (Revenue, USD Million; 2016-2027)
- Topical
- Oral
- Others
End-Users Outlook (Revenue, USD Million; 2016-2027)
- Hospitals
- Clinics
- Homecare settings
- Others
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Regional analysis covers in-depth analysis of analysis of the revenue, market share, and growth rate of the global Xerosis Treatment market in each region for the forecast period of 2021-2028. The report covers production and consumption rate, current and emerging trends, import/export, supply and demand, and presence of key players in each region.
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
Further key findings from the report suggest
- By treatment, topical-moisturizers held a substantial market share in 2018. Topical moisturizers are beneficial in managing xerosis, with many studies demonstrating enhancement in skin condition as compared to the use of a moisturizer. Moisturizing products hydrate and moisturize the skin from active ingredients blended in the formulation.
- By symptoms, tightness is one of the significant indications of dry skin. Tightness occurs when there is an increase in the number of dead skin cells, imparting a layer on the skin’s surface that results in dryness, giving a feeling of tightness to the skin.
- By route of administration, the topical route of administration contributed to the largest market size in 2018 and is likely to grow at a rate of 5.0% in the forecast period.
- By end-users, hospitals held the largest market share in 2018 and is likely to grow at a rate of 4.0% in the forecast period. The factors, including the existence of highly skilled healthcare professionals, and improved health coverage for hospital-based healthcare services from several private and group insurance plans, among others, are responsible for the high market share of hospitals.
- The market in the Asia Pacific region is projected to witness the fastest growth rate of 5.4% in the forecast period, due to the improving healthcare infrastructure, rising investments in diagnostic imaging, and better reimbursement scenario.
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