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Global Lichen Nitidus Treatment Market Qualitative Analysis Reveals Explosive Growth by 2026:Lonza, AstraZeneca, Horizon Therapeutics Plc, the Richmond Light Company, Biogen, the Daavlin Company, Pfizer Inc., Merck & Co. Inc


Pune, India -- (SBWIRE) -- 03/25/2020 -- Global lichen nitidus treatment market is registering a substantial CAGR of 8.9% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising prevalence of skin related diseases across the world which is the major factor driving the global market.

The lichen nitidus treatment market research report contains market insights and analysis for pharmaceutical industry which are backed up by SWOT analysis. As per the predictions cited in this report, the market will grow with a specific CAGR value in the forecast period of 2019 to 2026. This market research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report comprises professional and in-depth study on the current state which focuses on the major drivers and restraints for the key players. Analysis of major challenges faced currently by the business and the possible future challenges that the business may have to face while operating in this market are also taken into account.

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Key Market Competitors:

Few of the major market competitors currently working in the global lichen nitidus treatment market are Lonza, AstraZeneca, Horizon Therapeutics plc, The Richmond Light Company, Biogen, The Daavlin Company, Pfizer Inc., Merck & Co. Inc., Herbert Waldmann GmbH & Co. KG, Natus Medical Incorporated, Novartis AG, GlaxoSmithKline plc, National Biological Corp., Hubei Gedian Humanwell Pharmaceutical Co. Ltd., F. Hoffmann-La Roche Ltd., Ibis Medical, Sanofi, Farmabios SPA, Dr Batra's, Mayo Foundation for Medical Education and Research (MFMER) and among others.

Market Drivers

Growing prevalence of the disease in both developed and developing countries is driving the market growth
There has been a surge in the geriatric population suffering from skin disease
There is an increase in the awareness among the people related to the disease
There are various advancements and investments done in the healthcare sector which is driving the market growth

Market Restraints

The various after-effects of the treatment is restricting the growth of the market
The high expenditure incurred on treatment act as the hindrance in the growth of the market

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Segmentation: Global Lichen Nitidus Treatment Market

By Type
o Topical

o Oral

By Diagnosis
o Electrocardiogram

o Electrophysiological Testing

By Treatment
o Corticosteroids

o Retinoid

o Antihistamines

o Phototherapy

By End-Users
o Hospitals

o Dermatology Clinics

By Geography
North America
South America
Middle East and Africa

Key Development in the Market:

In May 2019, AFYX Therapeutics presents framework for patient-reported oral lichen planus symptom severity measure at the 2019 American Academy Of Oral Medicine Annual Conference. AFYX Therapeutics, a clinical stage biopharmaceutical company pioneering methods for the treatment of mucosal diseases. It has today announced findings from the development of a novel Oral Lichen Planus Symptom Severity Measure (OLPSSM) as a tool used to evaluate patients' symptom on a daily basis

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