Global Triamcinolone Market Expected to Reach over US$800 Million in Revenue by 2025


 Published Date : 05 Nov 19   |   Views: 158   |  Industry : Life Science

QYR Consulting has released a new market research report, titled “Triamcinolone Market Report: Company Analysis, History and Future Overview, Global Sales Trends by 2025.” As per the market findings provided in the report, the global triamcinolone market is predicted to grow at a sluggish CAGR of 1.0% during the forecast period 2019-2025. By 2025, the global triamcinolone market is projected to attain a value of more than US$800 Mn, improving from that of over US$750 Mn achieved in 2018.

Segmental Analysis

Triamcinolone Acetonide Cream Finds Use in Treatment of Seborrheic Dermatitis

The global triamcinolone market is segmented into inhalation, injection, cream, and others on the basis of product type. Based on distribution channel, the global triamcinolone market is segmented into drug stores, hospitals, and others. Triamcinolone acetonide cream is used to treat itching of the genital area, seborrheic dermatitis, and atopic dermatitis. Triamcinolone injection is used in the treatment of gout and certain types of arthritis. Triamcinolone inhalation could be used to prevent asthma attacks. However, it may not find application in the treatment of asthma attacks that have already begun.

Developing countries

Regional Analysis

Demand for triamcinolone could be high in developing countries because of increased prevalence of skin diseases. The report offers exhaustive analysis of key regional markets for triamcinolone, viz. Asia Pacific, North America, Europe, the MEA, and South America. Each region is thoroughly researched about and analyzed on the basis of different parameters such as market share, growth potential, recent developments, and growth rate. The geographical analysis of the global triamcinolone market provided in the report will help players to strategize for their growth in individual regional markets.

Key Players

Manufacturers Likely to Continue to Make Research and Development Investments

The report offers deep company profiling of popular players of the global triamcinolone market such as Sanofi, Huapont, Bristol-Myers Squibb, Alkem Laboratories, J&J, Teijin Pharma, Mylan, Glenmark, GSK, Sun Pharmaceutical, Cadila, Teligent, Abbott, China Resources Sanjiu, and Novartis. Triamcinolone manufacturers are anticipated to focus on launching new products to improve their portfolio. Players may also continue to invest in research and development to explore new applications of triamcinolone and offer more advanced products.

Global CAGR During 2020-2026


Market Dynamics

Use of Potential Substitutes Expected to Reduce Demand for Triamcinolone

There are some side effects associated with the use of triamcinolone, viz. irritation, dryness, blistering, and allergic reaction. Availability of potential substitutes could also hamper the demand in the global triamcinolone market. For instance, a research study shows that procaine hydrochloride injection could be as effective as triamcinolone acetonide in the management of carpal tunnel syndrome.

Nonetheless, the global demand for triamcinolone could slightly improve because of its application in the treatment of common problems, including swelling, itching, and redness, caused due to eczema, psoriasis, and other skin conditions. Availability of triamcinolone in different forms such as inhaler, injection, and cream could help with its easy use in suitable applications. Triamcinolone could be used in the form of a dental paste to reduce pain, itching, and swelling occurring with mouth sores.

For more information, please click: https://www.qyrconsulting.com/reports/triamcinolone-market

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