Market Trends of Atopic Dermatitis Industry
Corticosteroids Segment Dominated the Atopic Dermatitis Market Growth Over the Forecast Period
By drug class, the corticosteroid segment is anticipated to witness significant growth. Corticosteroids are referred to as cortisone-like medicines that are used as pain relief medications for inflammation in the body. These drugs reduce itching, swelling, allergic reactions, and redness. The major factors fueling the segment's growth are the increasing innovations leading to the advent of counterfeit medicines and alternative drugs and strategic initiatives undertaken by the market players.
According to the National Eczema Association (NEA) data published in 2022, corticosteroids are the most commonly prescribed medications for all eczema, reducing inflammation and itching. Corticosteroids have been used for over 60 years as topical medicines to treat many inflammatory skin conditions, including eczema. Such efficiency of the corticosteroids is expected to drive the growth of the studied segment over the forecast period.
Furthermore, Lilly's lebrikizumab demonstrated significant skin improvement and itch relief when combined with topical corticosteroids in people with atopic dermatitis in the third Phase 3 study. Lebrikizumab, an IL-13 inhibitor, significantly improved disease severity when combined with topical corticosteroids in people with moderate-to-severe atopic dermatitis.
The atopic dermatitis market size is anticipated to witness significant growth during the forecast period due to the increasing demand, the efficiency of corticosteroids, and increasing product developments.
North America is Expected to Witness a Significant Market Growth Over the Forecast Period
Within North America, the United States is expected to hold a significant market share. The major factors fueling the market growth are the increasing prevalence of atopic dermatitis, high treatment awareness among the patient population across the United States, well-established healthcare infrastructure, and early adoption of novel medications.
For instance, according to a Journal of the American Medical Association (JAMA) article published in June 2022, nearly 45% of survey participants reported having moderate atopic dermatitis, while 28% of the survey participants had severe atopic dermatitis in 2021. In addition, better reimbursement policies, increasing business partnerships of pharmaceutical companies with contract research organizations in emerging markets, and product developments are boosting the market's growth.
For instance, in February 2022, Evelo Biosciences, Inc., reported that the first patient had been dosed in EDP1815-207, its Phase 2 randomized clinical trial of EDP1815 for the treatment of patients with mild, moderate, and severe atopic dermatitis. Also, in February 2021, the United States Food and Drug Administration (USFDA) accepted the Priority Review of New Drug Application (NDA) for Ruxolitinib Cream by Incyte Corporation, a selective JAK1/JAK2 inhibitor designed for topical application as a treatment for atopic dermatitis, a type of eczema.
Moreover, the increasing investments in atopic dermatitis are expected to contribute to this region's growth. For instance, according to a National Health Institutes (NIH) article published in June 2021, the estimated funding for atopic dermatitis research was USD 46 million in 2021 and USD 44 million in 2022.
Factors like increasing prevalence of atopic dermatitis, high treatment awareness among the patient population, and increasing operational activities help achieve significant atopic dermatitis market growth during the forecast period.
