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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Erythema Market Size
The erythema market size in the 7 major markets was valued at USD 178.9 million in 2023, driven by rising incidence of cancer across the major markets. The market is expected to grow at a CAGR of 5.8% during the forecast period of 2024-2032, with the values likely to rise from USD 189.3 million in 2024 to USD 297.7 million by 2032.
Erythema: Introduction
Erythema is a wide category of skin condition, characterized by abnormal redness on the skin or mucous membranes. Hyperemia (increased blood) in superficial capillaries is one of the major causes of the condition. It may be an inflammatory response to an infection, massage, drug or medication, acute radiation syndrome, and mercury toxicity, among others. Erythema is of multiple types, with the most common symptoms being circular red bumps, itchiness, blisters, fever, or joint pain.
Erythema Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 178.9 million in 2023, driven by growing incidence of cancer across the globe.
The market is anticipated to grow at a CAGR of 5.8% during the forecast period of 2024-2032, likely to reach a market value of USD 297.7 million by 2032.
The market demand is driven by the increasing drug developments and trials to offer better patient outcomes.
The market trend involves the increasing focus on developing personalised medicine for patients. High dosage of vitamin D is being administered to patients to minimise the chemotherapy associated side effects.
Based on types, the market is divided into erythema multiforme, nodosum, ab igne, chronicum migrans, induratum, infectiosum, marginatum, toxicum, gyratum repens, palmar erythema and annulare centrifugum.
Common mechanism of action includes antibiotics, antihistamines, analgesics, NSAIDs, corticosteroid, antiviral, antifungal and antibacterial.
Major end users include hospitals, clinics, and ambulatory clinics, among others.
The route of administration can be oral, topical, intravenous among others.
The major regions of the market include the United States, Japan, EU-4, which is segmented into Germany, France, Italy, Spain, and the United Kingdom.
Key players involved in the market are GSK plc. (U.S.), F. Hoffmann-La Roche Ltd., Novartis AG, Astrazeneca, Pfizer Inc., Bristol-Myers Squibb Company, Sanofi, Amgen Inc., AB Sciences, Eisai Co., Ltd., Regeneron Pharmaceuticals Inc., Valeant Pharmaceuticals International Inc., Bausch Health Companies Inc., and Enzon Pharmaceuticals.
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