Actinic Keratosis Treatment Market - Forecast(2024 - 2030)
Actinic Keratosis Treatment Market Overview
Actinic Keratosis Treatment Market size is estimated to reach $7.8 billion by 2026, growing at a CAGR of 4.4% during the forecast period 2021-2026. Actinic keratosis (AK) is one of the most common pre-cancers that forms on skin damaged by chronic exposure to ultraviolet (UV) rays emitted from the sun. Actinic keratosis appears as small dry, scaly and crusty patches of skin and is often easier to feel owing to their rough texture. The ultraviolet (UV) rays emitted from the sun are considered to be essential for the progression of actinic keratosis (AK) to squamous cell carcinoma. Increase in the adoption of photodynamic therapy, rise in the investment by the key players to launch new drugs, growing demand for ingenol mebutate for the treatment of actinic keratosis, and rise in the awareness about actinic keratosis and related treatment are the factors that are set to drive the growth of the Actinic Keratosis Treatment Market for the period 2021-2026.
Report Coverage
The report: “Actinic Keratosis Treatment Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Actinic Keratosis Treatment Market.
By Type: Hypertonic, Atrophic, Pigmented, and Others.
By Drug Type: Fluorouracil, Diclofenac, Imiquimod, and Others.
By End User: Hospitals, Specialty Clinics, Homecare, and Others.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).
Key Takeaways
- Geographically, North America Actinic Keratosis Treatment Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the growing demand for ingenol mebutate for the treatment of actinic keratosis.
- The growing adoption of photodynamic therapy for the treatment of squamous cell carcinoma is driving the hospitals segment.
- The high cost of actinic keratosis treatment is one of the major factors that is said to reduce the growth of the Actinic Keratosis Treatment Market.
- Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Actinic Keratosis Treatment Market report.
Actinic Keratosis Treatment Market Segment Analysis - By Drug Type
The Actinic Keratosis Treatment Market based on the Drug Type, can be further segmented into the Fluorouracil, Diclofenac, Imiquimod, and Others. The Fluorouracil segment held the largest share in 2020 and is also estimated to be the fastest growing segment with a CAGR of 4.9% over the period 2021-2026. This growth is owing to its cost-effectiveness and wide availability features. Photodynamic therapy (PDT) and fluorouracil are the most commonly used agents for actinic keratosis. The Fluorouracil has the ability to slow the growth of cancer cells, which is driving the growth of the Actinic Keratosis Treatment Market. The Imiquimod segment held the second largest share in 2020 owing to its ability to activate the immune system to fight abnormal skin growth. Imiquimod is increasingly being used in developing nations as it triggers the immune system to produce natural substances to fight against cancer cells. Imiquimod also improves the cosmetic appearance of chronically damaged skin by ultraviolet (UV) rays.
Actinic Keratosis Treatment Market Segment Analysis - By End User
The Actinic Keratosis Treatment Market based on the End User can be further segmented into Hospitals, Specialty Clinics, Homecare, Others. Hospitals segment held the largest share in 2020 owing to its cost-effectiveness, ease of accessibility, and availability to patients. Photodynamic therapy is increasingly being adopted in hospitals for the treatment of squamous cell carcinoma. The increase in the focus on healthcare infrastructure in developing nations is driving the growth of the Actinic Keratosis Treatment Market. Homecare is estimated to be the fastest-growing segment with a CAGR of 5.1% over the period 2021-2026. This growth is owing to the factors such as rise in the awareness among consumers about the benefits of self-care treatment options, growing opportunities for caregivers for home healthcare services, and increase in the investment by the key players.
Actinic Keratosis Treatment Market: Market Share (%) by End User, 2020
Actinic Keratosis Treatment Market Segment Analysis - By Geography
North America held the largest share with 28% of the overall market in 2020. The growth in this segment is owing to the factors such as growing availability of advanced healthcare facilities, presence of structured regulatory framework, growing demand for ingenol mebutate for the treatment of skin damaged by the radiation emitted by ultraviolet (UV) rays, and rise in the awareness about actinic keratosis and related treatment. The presence of key players in the region is driving the growth of the Actinic Keratosis Treatment Market. Asia-Pacific is estimated to be the fastest growing segment over the period 2021-2026. The growth in this segment is owing to the increase in healthcare spending, rise in the adoption of photodynamic therapy for the treatment of squamous cell carcinoma, growing prevalence of the disease in countries, such as Australia and New Zealand and rise in the awareness about the home healthcare services in the region.
Actinic Keratosis Treatment Market Drivers
Rise in the Adoption of Minimally Invasive Treatments.
There is a rapid increase in the adoption of minimally invasive treatments owing to demand for fast recovery; and rise in the inclination towards cost-effectiveness for treating squamous cell carcinoma. Healthcare providers in developed nations are offering prescription coverage for selected procedures for actinic keratosis, which is further propelling the growth of the Actinic Keratosis Treatment Market.
Increase in the Government Initiatives.
The governments across the world are focusing on making healthcare facilities more affordable by implementing various initiatives. These initiatives have increased the number of patients participating in actinic keratosis treatment, which is propelling the growth of the Actinic Keratosis Treatment Market. Moreover, the presence of attractive rebate programs is further driving the growth of the Actinic Keratosis Treatment Market.
Actinic Keratosis Treatment Market Challenges
High Cost of Actinic Keratosis Treatment.
The key players across the globe are increasing their investments to develop new drugs for the treatment of actinic keratosis. However, high cost of actinic keratosis treatments and complications involved with the care modules currently available is one of the major factors that is estimated to reduce the growth of the Actinic Keratosis Treatment Market.
Actinic Keratosis Treatment Market Landscape
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Actinic Keratosis Treatment Market. Key companies of this market are Bausch Health Companies Inc, Biofrontera AG, LEO Pharma A/S, Sun Pharmaceutical Industries Ltd, Novartis AG, 3M Pharmaceuticals Inc, Hill Dermaceuticals Inc, Mylan N.V., Almirall, Galderma SA among others.
Acquisitions/Product Launches:
- In February 2021, Almirall has launched Klisyri, a topical treatment for actinic keratosis, which is a novel topical microtubule inhibitor that is indicated for AK treatment on the face and scalp. It is suitable for patients who prefer a treatment option with a short duration and proven safety.
- In June 2020, Sun Pharmaceutical Industries Ltd has launched Luvelan Kerastick for topical solution, which is used to treat minimally to moderately thick actinic keratoses of the face, scalp, and upper extremities.
Relevant Reports
Report Code: HCR 0638
Report Code: HCR 0108
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1. Actinic Keratosis Treatment Market - Overview
1.1 Definitions and Scope
2. Actinic Keratosis Treatment Market - Executive Summary
2.1 Market Revenue and Key Trends by Company
2.2 Key trends by Type
2.3 Key trends by End User
2.4 Key trends by Geography
3. Actinic Keratosis Treatment Market – Comparative Analysis
3.1 Product Benchmarking – Key Companies
3.2 Financial Analysis – Key Companies
3.3 Market Value Split by Key Companies
3.4 Patent Analysis – Key Companies
3.5 Pricing Analysis
4. Actinic Keratosis Treatment Market - Startup Companies Scenario Premium
4.1 Key Startup Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Actinic Keratosis Treatment Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Actinic Keratosis Treatment Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Actinic Keratosis Treatment Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Actinic Keratosis Treatment Market – By Type(Market Size –$Million/$Billion)
8.1 Hypertonic
8.2 Atrophic
8.3 Pigmented
8.4 Others
9. Actinic Keratosis Treatment Market – By Drug Type(Market Size –$Million/$Billion)
9.1 Fluorouracil
9.2 Diclofenac
9.3 Imiquimod
9.4 Others
10. Actinic Keratosis Treatment Market – By End User(Market Size –$Million/$Billion)
10.1 Hospitals
10.2 Specialty Clinics
10.3 Homecare
10.4 Others
11. Actinic Keratosis Treatment Market - By Geography(Market Size –$Million/$Billion)
11.1 North America
11.1.1 U.S.
11.1.2 Mexico
11.1.3 Canada
11.2 Europe
11.2.1 U.K.
11.2.2 France
11.2.3 Germany
11.2.4 Italy
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Asia Pacific
11.3.1 China
11.3.2 India
11.3.3 Japan
11.3.4 South Korea
11.3.5 Australia & New Zealand
11.3.6 Rest of APAC
11.4 South America
11.4.1 Brazil
11.4.2 Argentina
11.4.3 Rest of South America
11.5 Rest of the World
11.5.1 Middle East
11.5.2 Africa
12. Actinic Keratosis Treatment Market - Entropy
13. Actinic Keratosis Treatment Market – Industry/Segment Competition Landscape Premium
13.1 Market Share Analysis
13.1.1 Global Market Share – Key Companies
13.1.2 Market Share by Region – Key companies
13.1.3 Market Share by Countries – Key Companies
13.1.4 Best Practices for Companies
14. Actinic Keratosis Treatment Market – Key Company List by Country Premium Premium
15. Actinic Keratosis Treatment Market Company Analysis
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global Actinic Keratosis Treatment Market:Segment Analysis, By Therapy, Market 2023-2030 ($M)1.1 Segment Dashboard Market 2023-2030 ($M) - Global Industry Research
2.Global Actinic Keratosis Treatment Market:Segment Analysis, By Drug Class, Market 2023-2030 ($M)
2.1 Segment Dashboard Market 2023-2030 ($M) - Global Industry Research
3.Global Actinic Keratosis Treatment Market:Segment Analysis, By End use, Market 2023-2030 ($M)
3.1 Segment Dashboard Market 2023-2030 ($M) - Global Industry Research
4.Global Actinic keratosis treatment market-Competitive Analysis Market 2023-2030 ($M)
4.1 Ansoff matrix Market 2023-2030 ($M) - Global Industry Research
4.2 Heat map analysis Market 2023-2030 ($M) - Global Industry Research
4.3 Innovators Market 2023-2030 ($M) - Global Industry Research
4.4 Market Leaders Market 2023-2030 ($M) - Global Industry Research
4.5 List of key distributors and channel partners Market 2023-2030 ($M) - Global Industry Research
4.6 Key customers Market 2023-2030 ($M) - Global Industry Research
4.7 Key company market share analysis, Market 2023-2030 ($M) - Global Industry Research
4.8 Public Companies Market 2023-2030 ($M) - Global Industry Research
4.9 Private Companies Market 2023-2030 ($M) - Global Industry Research
4.9.1 List of key emerging companies Market 2023-2030 ($M)
4.10 Supplier Ranking Market 2023-2030 ($M) - Global Industry Research
5.Global Actinic Keratosis Treatment Market:Segment Analysis, By Therapy, Market 2023-2030 (Volume/Units)
5.1 Segment Dashboard Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Actinic Keratosis Treatment Market:Segment Analysis, By Drug Class, Market 2023-2030 (Volume/Units)
6.1 Segment Dashboard Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Actinic Keratosis Treatment Market:Segment Analysis, By End use, Market 2023-2030 (Volume/Units)
7.1 Segment Dashboard Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Actinic keratosis treatment market-Competitive Analysis Market 2023-2030 (Volume/Units)
8.1 Ansoff matrix Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Heat map analysis Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Innovators Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Market Leaders Market 2023-2030 (Volume/Units) - Global Industry Research
8.5 List of key distributors and channel partners Market 2023-2030 (Volume/Units) - Global Industry Research
8.6 Key customers Market 2023-2030 (Volume/Units) - Global Industry Research
8.7 Key company market share analysis, Market 2023-2030 (Volume/Units) - Global Industry Research
8.8 Public Companies Market 2023-2030 (Volume/Units) - Global Industry Research
8.9 Private Companies Market 2023-2030 (Volume/Units) - Global Industry Research
8.9.1 List of key emerging companies Market 2023-2030 (Volume/Units)
8.10 Supplier Ranking Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America Actinic Keratosis Treatment Market:Segment Analysis, By Therapy, Market 2023-2030 ($M)
9.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
10.North America Actinic Keratosis Treatment Market:Segment Analysis, By Drug Class, Market 2023-2030 ($M)
10.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
11.North America Actinic Keratosis Treatment Market:Segment Analysis, By End use, Market 2023-2030 ($M)
11.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
12.North America Actinic keratosis treatment market-Competitive Analysis Market 2023-2030 ($M)
12.1 Ansoff matrix Market 2023-2030 ($M) - Regional Industry Research
12.2 Heat map analysis Market 2023-2030 ($M) - Regional Industry Research
12.3 Innovators Market 2023-2030 ($M) - Regional Industry Research
12.4 Market Leaders Market 2023-2030 ($M) - Regional Industry Research
12.5 List of key distributors and channel partners Market 2023-2030 ($M) - Regional Industry Research
12.6 Key customers Market 2023-2030 ($M) - Regional Industry Research
12.7 Key company market share analysis, Market 2023-2030 ($M) - Regional Industry Research
12.8 Public Companies Market 2023-2030 ($M) - Regional Industry Research
12.9 Private Companies Market 2023-2030 ($M) - Regional Industry Research
12.9.1 List of key emerging companies Market 2023-2030 ($M)
12.10 Supplier Ranking Market 2023-2030 ($M) - Regional Industry Research
13.South America Actinic Keratosis Treatment Market:Segment Analysis, By Therapy, Market 2023-2030 ($M)
13.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
14.South America Actinic Keratosis Treatment Market:Segment Analysis, By Drug Class, Market 2023-2030 ($M)
14.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
15.South America Actinic Keratosis Treatment Market:Segment Analysis, By End use, Market 2023-2030 ($M)
15.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
16.South America Actinic keratosis treatment market-Competitive Analysis Market 2023-2030 ($M)
16.1 Ansoff matrix Market 2023-2030 ($M) - Regional Industry Research
16.2 Heat map analysis Market 2023-2030 ($M) - Regional Industry Research
16.3 Innovators Market 2023-2030 ($M) - Regional Industry Research
16.4 Market Leaders Market 2023-2030 ($M) - Regional Industry Research
16.5 List of key distributors and channel partners Market 2023-2030 ($M) - Regional Industry Research
16.6 Key customers Market 2023-2030 ($M) - Regional Industry Research
16.7 Key company market share analysis, Market 2023-2030 ($M) - Regional Industry Research
16.8 Public Companies Market 2023-2030 ($M) - Regional Industry Research
16.9 Private Companies Market 2023-2030 ($M) - Regional Industry Research
16.9.1 List of key emerging companies Market 2023-2030 ($M)
16.10 Supplier Ranking Market 2023-2030 ($M) - Regional Industry Research
17.Europe Actinic Keratosis Treatment Market:Segment Analysis, By Therapy, Market 2023-2030 ($M)
17.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
18.Europe Actinic Keratosis Treatment Market:Segment Analysis, By Drug Class, Market 2023-2030 ($M)
18.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
19.Europe Actinic Keratosis Treatment Market:Segment Analysis, By End use, Market 2023-2030 ($M)
19.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
20.Europe Actinic keratosis treatment market-Competitive Analysis Market 2023-2030 ($M)
20.1 Ansoff matrix Market 2023-2030 ($M) - Regional Industry Research
20.2 Heat map analysis Market 2023-2030 ($M) - Regional Industry Research
20.3 Innovators Market 2023-2030 ($M) - Regional Industry Research
20.4 Market Leaders Market 2023-2030 ($M) - Regional Industry Research
20.5 List of key distributors and channel partners Market 2023-2030 ($M) - Regional Industry Research
20.6 Key customers Market 2023-2030 ($M) - Regional Industry Research
20.7 Key company market share analysis, Market 2023-2030 ($M) - Regional Industry Research
20.8 Public Companies Market 2023-2030 ($M) - Regional Industry Research
20.9 Private Companies Market 2023-2030 ($M) - Regional Industry Research
20.9.1 List of key emerging companies Market 2023-2030 ($M)
20.10 Supplier Ranking Market 2023-2030 ($M) - Regional Industry Research
21.APAC Actinic Keratosis Treatment Market:Segment Analysis, By Therapy, Market 2023-2030 ($M)
21.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
22.APAC Actinic Keratosis Treatment Market:Segment Analysis, By Drug Class, Market 2023-2030 ($M)
22.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
23.APAC Actinic Keratosis Treatment Market:Segment Analysis, By End use, Market 2023-2030 ($M)
23.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
24.APAC Actinic keratosis treatment market-Competitive Analysis Market 2023-2030 ($M)
24.1 Ansoff matrix Market 2023-2030 ($M) - Regional Industry Research
24.2 Heat map analysis Market 2023-2030 ($M) - Regional Industry Research
24.3 Innovators Market 2023-2030 ($M) - Regional Industry Research
24.4 Market Leaders Market 2023-2030 ($M) - Regional Industry Research
24.5 List of key distributors and channel partners Market 2023-2030 ($M) - Regional Industry Research
24.6 Key customers Market 2023-2030 ($M) - Regional Industry Research
24.7 Key company market share analysis, Market 2023-2030 ($M) - Regional Industry Research
24.8 Public Companies Market 2023-2030 ($M) - Regional Industry Research
24.9 Private Companies Market 2023-2030 ($M) - Regional Industry Research
24.9.1 List of key emerging companies Market 2023-2030 ($M)
24.10 Supplier Ranking Market 2023-2030 ($M) - Regional Industry Research
25.MENA Actinic Keratosis Treatment Market:Segment Analysis, By Therapy, Market 2023-2030 ($M)
25.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
26.MENA Actinic Keratosis Treatment Market:Segment Analysis, By Drug Class, Market 2023-2030 ($M)
26.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
27.MENA Actinic Keratosis Treatment Market:Segment Analysis, By End use, Market 2023-2030 ($M)
27.1 Segment Dashboard Market 2023-2030 ($M) - Regional Industry Research
28.MENA Actinic keratosis treatment market-Competitive Analysis Market 2023-2030 ($M)
28.1 Ansoff matrix Market 2023-2030 ($M) - Regional Industry Research
28.2 Heat map analysis Market 2023-2030 ($M) - Regional Industry Research
28.3 Innovators Market 2023-2030 ($M) - Regional Industry Research
28.4 Market Leaders Market 2023-2030 ($M) - Regional Industry Research
28.5 List of key distributors and channel partners Market 2023-2030 ($M) - Regional Industry Research
28.6 Key customers Market 2023-2030 ($M) - Regional Industry Research
28.7 Key company market share analysis, Market 2023-2030 ($M) - Regional Industry Research
28.8 Public Companies Market 2023-2030 ($M) - Regional Industry Research
28.9 Private Companies Market 2023-2030 ($M) - Regional Industry Research
28.9.1 List of key emerging companies Market 2023-2030 ($M)
28.10 Supplier Ranking Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)2.Canada Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
3.Mexico Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
4.Brazil Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
5.Argentina Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
6.Peru Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
7.Colombia Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
8.Chile Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
9.Rest of South America Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
10.UK Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
11.Germany Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
12.France Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
13.Italy Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
14.Spain Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
15.Rest of Europe Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
16.China Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
17.India Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
18.Japan Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
19.South Korea Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
20.South Africa Actinic Keratosis Treatment Market Revenue, 2023-2030 ($M)
21.North America Actinic Keratosis Treatment By Application
22.South America Actinic Keratosis Treatment By Application
23.Europe Actinic Keratosis Treatment By Application
24.APAC Actinic Keratosis Treatment By Application
25.MENA Actinic Keratosis Treatment By Application