According to the current analysis of Reports and Data, the global Pruritus Therapeutics market was valued at USD 11.77 Billion in 2019 and is expected to reach USD 19.10 Billion by year 2027, at a CAGR of 6.2 percent. The study covers therapeutic agents for ‘Pruritus’ – an unpleasant sensation that stimulates desire to scratch the skin. Pruritus therapeutics are available in wide range of skin conditions and other underlying causes of pruritus. Recent emergence of TRP channels as a drug target for treatment of itching is a major disruptive finding in pruritus sector. In line with this, TRP channel antagonists, TRPM8 agonists are some of the emerging TRP channel modulation mechanisms that can be for could be used for pruritus treatment.
Rising prevalence of target diseases, unmet needs of pruritus patients pushing the drug development, significant focus of pharmaceutical companies on development of novel mechanisms based pruritus drugs, upcoming patent expiry, availability of public as well private funds for research, and favorable regulatory scenario, are some of the key factors propelling market growth in the industry. However, associated side effects, and availability of advanced alternative treatment options such as photo therapy, are the major hindrance for market growth during 2019-2027.
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Key participants include
Allergan, Astellas Pharma, Bristol-Myers Squibb, Cipla, Eli Lilly, GlaxoSmithKline, Merck, Novartis, Pfizer, and Sanofi.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data has segmented the Pruritus Therapeutics market on the basis of type, disease type, treatment type, end use, and region:
Type (Revenue, USD Million; 2017–2027)
Disease Type (Revenue, USD Million; 2017–2027)
Treatment Type (Revenue, USD Million; 2017–2027)
End Use (Revenue, USD Million; 2017–2027)
Country-wise regional analysis covers:
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