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Actinic Keratosis Treatment Market Analysis

  • Report ID: GMI5859
  • Published Date: May 2023
  • Report Format: PDF

Actinic Keratosis Treatment Market Analysis

By therapy, the actinic keratosis treatment market is classified into photodynamic therapy, surgery and topical medications. The topical medications segment accounted over 49% of the market share in 2022 and is projected to witness robust growth over the analysis timeframe. Topical medications offer the ability to treat multiple AK lesions simultaneously, making them suitable for widespread or field treatment. Topical medications such as 5-fluorouracil (5-FU), imiquimod are applied directly to the affected areas of the skin, offering targeted therapy. Also, topical treatments are non-invasive and generally most preferred, as they offer convenience and minimal disruption to patients' daily lives.
 

Global Actinic Keratosis Treatment Market Revenue Share, By Drug Class, (2022)

Based on drug class, the market is segmented into NSAIDs, nucleoside metabolic inhibitor, immune response modifiers and photoenhancers. The nucleoside metabolic inhibitor is expected to register USD 3.1 billion in 2032. High segmental development is owing to the convenience of topical application that allows targeted delivery, minimizing systemic exposure to bloodstream and avoid potential side effects. Nucleoside metabolic inhibitor specifically target AK cell growth and proliferation by inhibiting nucleoside processes, leading to lesion regression. Also, clinical studies demonstrate their efficacy in reducing AK lesions, making them a beneficial option for managing actinic keratosis.
 

Actinic keratosis treatment market by end-use is market is divided into hospitals & oncology centers, dermatology clinics, homecare and others. The hospitals & oncology centers accounted for significant market proportion in 2022 and is expected to grow at 5.7% throughout the forecast period. Hospitals & oncology centers offer a wide range of treatment options for actinic keratosis including surgical interventions, cryotherapy, topical medications, photodynamic therapy among others.
 

Also, availability of multiple treatment alternatives allows healthcare providers to opt for most appropriate, suitable approach based on factors such as lesion characteristics, patient preferences and medical considerations. Furthermore, availability of skilled healthcare professionals, advanced healthcare infrastructure among others is projected to boost the market revenue.
 

 U.S. Actinic Keratosis Treatment Market Size, 2020 – 2032 (USD Million)

North America actinic keratosis treatment market accounted for 41.6% business share in 2022 and is anticipated to grow at considerable progress rate during the forecast timeframe. Increasing prevalence of actinic keratosis coupled with well-established healthcare infrastructure is expected to boost the actinic keratosis treatment in the North America region. Furthermore, growing awareness pertaining to various risks associated with sun exposure and regular skin examinations will significantly proliferate the market growth. Additionally, presence of key market players, introduction of innovative therapies and favorable reimbursement policies and insurance coverage for AK treatments in North America region is estimated to spur the market expansion.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for actinic keratosis treatment accounted for USD 5.5 billion in 2022 and is estimated to grow at 5.5% CAGR during 2023 to 2032. Rising prevalence of actinic keratosis, coupled with growing demand for minimally invasive procedures is expected to boost the market growth.

The topical medications segment accounted over 49% market share in 2022 and is projected to witness robust growth through 2032, owing to the ability of topical medications to treat multiple AK lesions simultaneously, making them suitable for widespread or field treatment.

North America accounted for 41.6% share in actinic keratosis treatment market in 2022 and is anticipated to grow at considerably over 2023-2032, backed by well-established healthcare infrastructure in the region, along with growing awareness pertaining to various risks associated with sun exposure and regular skin examinations.

Sun Pharmaceutical Industries Ltd, Galderma S.A., Biofrontera AG, Almirall, S.A. among others.

Actinic Keratosis Treatment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 296
  • Countries covered: 34
  • Pages: 150
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