MARKET OUTLOOK
The dermatological therapeutics market in Latin America has been projected to depict growth in terms of revenue and expand with a CAGR of 7.26% during the forecast years 2019-2028, according to this report. Brazil, Mexico, and Rest of Latin America together shape the market in this region.A report by the World Health Organization estimates that around 4,774 people lost their lives in Brazil due to skin diseases in 2017. Also, according to 2019’s World Population Aging report, the number of people aged 65 years or over in the country would reach 30.413 million people in 2030, from19.526 million in 2019. The elderly population is more prone to skin disorders. Hence, the growing burden of skin diseases, along with this factor, is expected to drive the demand for dermatological therapeutics in Brazil in the years to come.
Also, according to Brazil’s National Healthcare System, about 14% of the total population in the country will be affected by atopic dermatitis (AD) at some point in their life. In addition, as per the Faculty of Medicine at the University of Sao Paolo (FMUSP) and the Federal Council of Medicine (CFM), there were approx. 8,320 dermatologists present in the country in 2018. This was a considerable increase from 6,880 specialists in 2015. This increase in the number of specialist doctors in the country (which may also be a result of the high demand for the treatment of AD) indicates a positive growth trend for the dermatological therapeutics market in Brazil.
COMPETITIVE OUTLOOK
Some of the biggest brands in this market include Amgen Inc, Bausch Health Companies Inc, Novartis AG, Galderma, AGI Dermatics, Glaxosmithkline Plc, and Johnson & Johnson.Table of Contents
1. Latin America Dermatological Therapeutics Market - Summary
2. Industry Outlook
3. Latin America Dermatological Therapeutics Market Outlook – by Drug Class
4. Latin America Dermatological Therapeutics Market Outlook - by Application
5. Latin America Dermatological Therapeutics Market – Regional Outlook
6. Competitive Landscape
7. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Abbvie Inc
- Allergan
- Almirall
- Amgen Inc
- Bausch Health Companies Inc
- Galderma
- GlaxoSmithKline plc
- Johnson & Johnson
- Novartis AG
- Pfizer Inc
- AGi Dermatics
- Leo Pharma A/S
- Merck & Co
Methodology
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