Folliculitis market information, by type (superficial folliculitis, deep folliculitis), by treatment (medication, warm compress), by end user- Global Forecast Till 2023
Pune, India -- (SBWIRE) -- 01/10/2018 -- The Global Folliculitis Market was around USD 407.0 million in 2016 and is expected to reach USD 561.3 million by 2023 which is a projected CAGR of 4.7%.
The global folliculitis market has been evaluated as a moderately growing market and it is expected to continue growing in the near future. Folliculitis is mostly infectious and it is more common in people aged between 18-44 years. Increasing prevalence of various skin related diseases are a key driver for global folliculitis market. Changing disease patterns, increasing funding for research, and healthcare expenditure are important drivers for global market. Major players of this market are investing large amount of money in R&D and clinical trials and also collaborating with hospitals, medical professionals, research centers and academic institutes to derive effective solution for folliculitis. For top players, Major part of revenue is coming from developed regions like North America and Europe. However, due to rapidly growing healthcare sector, most of the top companies are focusing on emerging economies of Asia and South America.
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Major players in folliculitis market:
There are plenty of large and small market players which operate in this market: AbbVie Inc. (US), Allergan (Republic of Ireland), AstraZeneca (UK), CELGENE CORPORATION (US), GlaxoSmithKline plc. (UK), Johnson & Johnson Services, Inc. (US), Merck & Co., Inc. (US), Pfizer Inc.(US), and others.
Considering the global scenario of the folliculitis market, there are four main regions, America, Europe, Asia Pacific, and Middle East and Africa. The Americas are the largest market, especially North America who is top revenue generator in the global market. European market is the second largest and growing at significant rate.
America's top revenue generation in the global is mainly due to some factors like aggressive strategies by pharmaceutical companies, increasing investment for R&D as well as clinical trials. European market is the second largest market for folliculitis, whereas, Asia Pacific folliculitis market is growing at a faster pace due to increasing awareness and healthcare expenditure in this region. Middle East and Africa folliculitis market is expected to have limited growth because of lack of awareness, traditional healthcare practices and slow adoption of new products and therapies.
Global folliculitis market has been segmented on the basis of type which comprises of superficial folliculitis, deep folliculitis, and others. Superficial folliculitis is sub-segmented into bacterial folliculitis, hot tub folliculitis (pseudomonas folliculitis), barber's itch (pseudofolliculitis barbae), pityrosporum folliculitis. Deep folliculitis is sub-segmented into sycosis barbae, gram-negative folliculitis, boils (furuncles) and carbuncles, eosinophilic folliculitis.
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On the basis of treatment, the market has been segmented into medication, warm compress, Medicated shampoo, and others. Medication is sub-segmented into antibiotics, Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), antifungals, antivirals, and others.
On the basis of end user, it is segmented into Hospitals and clinics, medical research centers, academic institutes, and others.
Market Factor Analysis
Global Folliculitis Market By Type
Global Folliculitis Market By Treatment
Global Folliculitis Market By End User
Global Folliculitis Market By Region
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