The new report from Expert Market Research titled, “Global Radiodermatitis Market Growth, Size, Price, Trends, Analysis, Report and Forecast 2023-2028”, provides an in-depth analysis of the global radiodermatitis market, assessing the market based on its segments. such as product, distribution channel and major regions such as Asia Pacific, Europe, North America, Middle East & Africa and Latin America.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, along with market analysis based on SWOT and Porter’s Five Forces models.
Highlights of the report include:
Market Overview (2018-2028)
- Historical market size (2020): 458 million dollars
- Forecast CAGR (2023-2028): 3.7%
- Market Size Forecast (2026): 570 million dollars
The global radiodermatitis market is primarily driven by the increasing prevalence of cancer globally. The increasing use of radiotherapy for the treatment of cancer is resulting in the growth of the radiodermatitis market.
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Additionally, factors such as increased awareness of radiodermatitis, increased clinical evidence for the efficacy of various treatment products, and issuance of directives by various government and private organizations for better treatment and management of radiodermatitis will aid growth. of the market. Increasing research and development in cancer treatment and control of its side effects will further bolster growth over the forecast period.
Industry definition and key segments
Radiodermatitis is defined as a skin reaction that occurs as a side effect during radiotherapy for the treatment of cancer. It is the most common type of side effect in breast, lung, neck and other soft tissue sarcomas caused due to prolonged exposure to ionizing radiation.
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By product, the market is divided into:
- Hydrophilic creams
- Oral analgesics and antibiotics
- Hydrogel and hydrocolloid coatings
- No stinging barrier film
- Gauze saturated with honey
- Silicone coated
On the basis of distribution channel, the market is segmented into:
- Hospital Pharmacy
- Retail pharmacy
- Online pharmacies
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East and Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
Regionally, North America is projected to be the largest shareholder in the global radiodermatitis market. This can be attributed to the advancement of the health care system and infrastructure and the increased prevalence of cancer in the geriatric population. Moreover, the presence of extensive research and development activities in the US for effective methods of cancer treatment and reduction of side effects, will strengthen the market growth.
Meanwhile, Asia Pacific is expected to witness rapid growth due to higher participation of global cancer patients. Further, the development of medical infrastructure and healthcare facilities in emerging economies such as China and India will drive regional growth for the radiodermatitis market over the forecast period.
Major market players
Major players in the market are BMG Pharma SpA, Stratpharma AG and several others. The report covers market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other recent developments of these market players.
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