ATOPIC DERMATITIS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)


Atopic Dermatitis Market Analysis:

The market size of Atopic Dermatitis is projected to experience a growth from USD 9.39 billion in 2023 to USD 13.28 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 7.18% during the forecast period of 2023–2028.

The COVID-19 pandemic has had a significant impact on the Atopic Dermatitis market. According to an article published by the National Center for Biotechnology Information (NCBI) in March 2022, individuals with Atopic Dermatitis are at an increased risk of contracting COVID-19. Additionally, various initiatives have been introduced to manage COVID-19 patients who are also suffering from Atopic Dermatitis.

For example, a June 2020 update highlighted the SECURE-AD Patient survey, which aims to understand the effects of the COVID-19 pandemic on individuals with Atopic Dermatitis, also known as Atopic Eczema. This survey encouraged Atopic Dermatitis patients worldwide to participate and share their experiences with COVID-19 infection. Studies like these, which gather information on the complications faced by Atopic Dermatitis patients infected with COVID-19, have provided valuable insights into the tolerability and effectiveness of different treatments for Atopic Dermatitis, thereby impacting the growth of the market. Consequently, the pandemic has had a significant influence on the market’s growth during the peak stages of the COVID-19 outbreak. However, with the relaxation of strict regulations on patient consultations at healthcare centers, the current market scenario is expected to drive growth during the forecast period.

Several factors are contributing to the growth of the market. These include the increasing burden of allergic reactions, the significant role played by food allergies, and the rising levels of environmental pollution. The growing burden of allergic reactions, particularly in relation to food allergies, is a major driver of market growth. For instance, a report by Food Allergy Research and Education (FARA) in 2020 estimated that 32 million residents of the United States have food allergies, with 5.6 million of them being children under the age of 18. Furthermore, approximately 40% of children with food allergies are allergic to more than one type of food.

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