Fact.MR’s report on Global Dermatological Products Market
The dermatological products market is likely to grow at a steady pace in the long run, as per the latest report by Fact.MR. The demand for dermatological products continue to remain influenced with new formulations developed by manufacturers to treat various skin conditions and diseases. The demand for dermo-cosmetic products combining OTC and prescription products to treat acne, skin infections, atopic dermatitis and other skin conditions is also increasing. Fact.MR estimates that the sales of dermatological products is expected to surpass US$ 13,000 million by the end of 2018. The demand in the dermatological products market is expected to reach 3.7% CAGR during 2018-2027. The demand for dermatological products is likely to be the highest among female consumers. Owing to the increasing skin diseases such as acne, rosacea, skin cancer, in women the maximum demand in dermatological products market is from female customers. The demand for dermo-cosmetic products is also rising among women. Also, over-the-counter anti-aging dermatological products are gaining popularity among female consumers.
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