Europe Topical Corticosteroids Market is accounted to reach USD 7,759.25 million by 2024 from USD 1,430.93 million in 2016, at a CAGR of 23.6% in the forecast period 2017 to 2024..
The major factors driving the growth of this market are chronic disease or condition, rise in aging population, growth in topical drug delivery, increasing research and development.
The key market players for Europe Topical Corticosteroids Market are listed below;
LEO Pharma
Glaxosmithkline Plc,
Pfizer Inc.
The market is further segmented into;
Molecule name
Brands
Purchase mode
Application
Medication type
Potency class
End user
Distribution channel
Geography
Europe topical corticosteroids market is segmented on the basis of molecule name, brands, purchase mode, application, medication type, potency class, end user, distribution channel.
Based on molecule name, Europe topical corticosteroids market is segmented into fludroxycortide, triamcinolone acetonide, fluocinolone acetonide, antiseptics, betamethasone, clobetasone propionate, clobetasone butyrate, halobetasone, mometasone, and others. In 2017, fludroxycortide segment is expected to dominate the Europe topical corticosteroids market with 25.4% market share and is expected to reach USD 284.03 million by 2024, growing at a CAGR of 6.6% in the forecast period 2017 to 2024. However, the betamethasone market is expected to grow at the highest CAGR of 7.0% and is expected to reach USD 198.38 million by 2024 from USD 115.45 million in 2016 in the forecast period of 2017 to 2024.
Based on purchase mode, Europe topical corticosteroids market is segmented into OTC-based and prescription-based. In 2017, prescription-based segment is expected to dominate the Europe topical corticosteroids market with 72.7% market share and is expected to reach USD 794.17 million by 2024, growing at the highest CAGR of 6.3% in the forecast period 2017 to 2024.
Based on brands is segmented into betnovate, betnovate N, panderm plus, lobate, cosvate G, clop G, tenovate GN, lobate GM, ultiderm, flutivate, fexin, momate, candiderm, and others.
Based on application, Europe topical corticosteroids market is segmented into acne, dermatitis, psoriasis, skin infection, hyperpigmentation, melasma and others. In 2017, psoriasis segment is expected to dominate the Europe topical corticosteroids market with 36.5% market share and is expected to reach USD 408.53 million by 2024, growing at the highest CAGR of 6.6% in the forecast period 2017 to 2024.
Europe topical corticosteroids market is segmented based on medication type into ointments, creams, liquid & solutions, lotions, gel, oils, pastes, sprays, and others. In 2017, ointments segment is expected to dominate the Europe topical corticosteroids market with 29.2% market share and is expected to reach USD 303.50 million by 2024, growing at the highest CAGR of 5.5% in the forecast period 2017 to 2024. However, lotions segment is expected to grow at the highest CAGR of 7.4% in the forecast period, and is expected to reach USD 128.72 million in 2024 from USD 72.91 million in 2016.
Europe topical corticosteroids market is segmented based on potency class into moderate, mild, ultra-high, and high. In 2017, moderate segment is expected to dominate the global topical corticosteroids market with 42.5% market share and is expected to reach USD 472.85 million by 2024, growing at the highest CAGR of 6.5% in the forecast period 2017 to 2024.
Europe topical corticosteroids market is segmented based on end-user into three notable segments; hospital, dermatology clinics, homecare and others. In 2017, a dermatology clinic segment is expected to dominate the Europe topical corticosteroids market with 48.9% market share and is expected to reach USD 546.51 million by 2024, growing at the highest CAGR of 6.6% in the forecast period 2017 to 2024.
Europe topical corticosteroids market is segmented based on distribution channel into four notable segments; hospital pharmacies, pharmacy stores, online pharmacies and others. In 2017, pharmacy stores segment is expected to dominate the Europe topical corticosteroids market with 48.3% market share and is expected to reach USD 542.22 million by 2024, growing at the highest CAGR of 6.7% in the forecast period 2017 to 2024.
Based on, the Europe Topical Corticosteroids market is segmented into geographical regions, such as,
Germany,
United Kingdom,
France,
Spain,
Italy,
Russia,
Turkey,
Belgium,
Nether lands,
Switzerland,
Rest of Europe
Covered in this report
The report covers the present scenario and the growth prospects of the Europe Topical Corticosteroids market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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