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Dermatology Drug Market Trends, Size, Share, Growth and Demand Forecast to 2020
Explore more or request TOC on “Global Dermatology Drug Market” at: www.psmarketresearch.com/market-analysis/dermatology-drug-market
Additionally, the increasing disposable income, strong drug pipeline, and initiatives taken by various government associations to raise awareness about various types of skin diseases and its management are also driving the growth of the global market. The increasing numbers of mergers and acquisitions is one of the major trends observed in the market.
Dermatology is a branch of medicine focused on the diagnosis and treatment of diseases of the skin, nails, hair, and mucous membranes. The major skin diseases include dermatitis, acne, psoriasis, eczema, skin infections, and skin cancer. Hair loss is the most common hair disorders around the world. Bacterial and fungal infections in nails, ingrown nails, tumors and warts are some common nail disorders. In order to treat the skin, nail and hair diseases, dermatologists recommend dermatology drugs for their management.
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The stringent regulation for the approval of dermatology drugs is restraining the growth of the global market. Moreover, the lack of awareness about the innovative applications is also hindering the growth of the global dermatology drug market, especially in the developing countries, such as India and China.
North America and Europe are the major markets, due to increasing prevalence of skin diseases, and increasing awareness about potential applications of dermatology drugs in the regions. The U.S., followed by Canada, is the largest market for dermatology drug in North America. Whereas, the U.K. Germany, and France are some of the major countries holding significant share in the European market.
Browse related market research at: www.psmarketresearch.com/industry-report/healthcare
Some of the major players operating in the global dermatology drug market include Pierre Fabre, Merz Pharma, Merck & Co. Inc, Biofrontera AG, Hill Dermaceuticals Inc., Derma Sciences, Almirall, S.A, Novartis Inc., Stiefel Laboratories, Inc., Valeant Pharmaceuticals International Inc., Galderma, Bayer AG, and Allergan Inc.
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