The global isotretinoin drugs market is anticipated to grow at a significant CAGR during the forecast period. Isotretinoin is a form of vitamin A which is generally recommended for the treatment of severe nodular acne that has not responded well to other forms of treatments, such as antibiotics. Isotretinoin is available only from a certified pharmacy under a special program called iPLEDGE. Thus, the pivotal factor driving the market growth includes the growing demand for effective acne treatment alternatives. It has been observed as a prominent trend that people have become more conscious about dermatological issues. Thus, the acne infections, being a prevalent dermatological issue calls for a substantial medical solution such as isotretinoin, if not responded well to the first line of medication.
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Thus, the growing cases of dermatological issues across the globe is anticipated to surge the demand for isotretinoin which is thereby propelling the global isotretinoin drugs. Additionally, the growing prevalence of skin and genetic disorders, growing cases of skin cancer are also anticipated to be the major drivers of isotretinoin drugs. Though these drugs are sold under several different brand names, these are highly subjective to a medical practitioners’ prescription. Adding to this, government and FDA approvals are also the key factors regulating the global isotretinoin drugs market. Moreover, rising funding for new drug development and clinical trials are leading the growth for the market. However, some factors such as side effects of drugs and product recall are affecting the growth of global isotretinoin drugs market.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Type
o By Application
o By Distribution Channel
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Dr. Reddy’s Laboratories Ltd., Mylan NV, and Teva Pharmaceutical Industries Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Isotretinoin Drugs Market Report by Segment
By Type
- Capsule
- Injection
By Application
- Dermatology
- Cancer
By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Others
A full report of Isotretinoin Drugs Market is available at: https://www.omrglobal.com/industry-reports/isotretinoin-drugs-market
Isotretinoin Drugs Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Reddy’s Laboratories Ltd.
- Mylan NV
- Teva Pharmaceutical Industries Ltd.
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