Transparency Market Research

Dermatological Diagnostics and Therapeutics Market Is Driven by Increase in Psoriasis


Albany, NY -- (SBWIRE) -- 02/12/2018 -- The Dermatological diagnostics and therapeutics market is expected to grow steadily during the forecast period driven by increase in psoriasis market that is expected to boost competition among the existing products with more emerging therapies. Acne is the largest market segment of the dermatological diagnostics market accounting for 28.7% of the total therapeutics market followed by psoriasis (26.4%), rosacea (14.9%), and atopic dermatitis (9%).

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Many new players are emerging in this market as a result of a number of growth opportunities provided by this market, thus creating tough competition. Forthcoming patent expiries of major drugs is increasing the competition, further driving this market.

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Polymer encapsulated medicines are also expected to witness an upsurge in demand depending on contributions to improved bioavailability and reduced toxicity of advanced parenteral compounds. Safety engineered prefillable syringes, IV catheters, and vial bag infusion systems are expected to provide best growth opportunities for parenteral infusion products and delivery devices due to wide infection prevention advantages.

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