Alopecia Areata Market Report gives readers a thorough assessment of key market drivers, restraints, prospects, opportunities, restraints, current trends, and technological and industrial breakthroughs that will influence market growth. The detailed market research, industry sector growth and development, and new product introductions covered in this report on the Alopecia Areata Market are of great assistance to the important new commercial players joining the market.
This Alopecia Areata Market report research conducts a careful market evaluation and provides a professional analysis of the industry taking into account market development, present market circumstances, and forecasts for the future. The market driving factors, market overview, industry volume, and market share are also highlighted in this Alopecia Areata Market report analysis.
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Alopecia Areata: An Overview
According to the National Alopecia Areata Foundation, Alopecia Areata (AA) is a common autoimmune skin disease, which causes hair loss on the scalp, face, and at times on other areas of the body. The affected hair follicles are attacked by a person’s immune system (white blood cells), which results in seizing of the hair growth stage. Hair follicles remain alive, and hair can regrow at any time in Alopecia Areata. Alopecia Areata usually begins with one or more patches which may be small, round, smooth on the scalp that can progress to total scalp hair loss or complete body hair loss. Genetic predisposition and environmental factors increase the chances of developing Alopecia Areata.
Key highlights of the Alopecia Areata Market Report
Alopecia Areata Epidemiology Insights
Alopecia areata occurs worldwide. The estimated prevalence is approximately 1 in 1000 people, with a lifetime risk of approximately 2 %. Both children and adults may develop alopecia areata, and the disorder occurs at similar rates in males and females. About 2% of people in the world have alopecia areata, which causes them to lose hair on their scalp, face, and body.
Alopecia Areata Epidemiology Segmentation in the 7MM
Alopecia Areata Treatment Market
The standard treatment for AA includes immunomodulators, corticosteroids, and vasodilators that are available as oral and systemic formulations. Steroids and immunotherapy are the current leading treatments for AA, even if they do not always guarantee regrowth and/or remissions.
Alopecia Areata Market Insights
Systemic therapy also causes a number of adverse effects like diabetes, weight gain, hypertension, psychological changes, osteoporosis, suppression of the adrenocorticotropic axes, striae, -acne, hypertrichosis, and purpura, etc. The disease may independently remit, and it is challenging to predict how long patients will take new therapies. It is also unclear how targeted agents will be used across patient populations of different disease severity. So, there is a high unmet need for new therapies that can overcome these limitations.
Alopecia Areata Market Forecast
The alopecia areata (AA) is the most common form of alopecia and is characterized by patchy scalp baldness. The potential for hair recovering is maintained but, at present, there is no treatment able to induce a permanent remission of this disease or approved to treat it. Thus, the market is completely dominated by off-label drug therapies. Depending on the extent of hair loss and age, there are a variety of treatment options available. The main goal of treatment is to block the immune systemattack or stimulate the regrowth of hair. This can be effective, especially for people with milder forms of the disease.
Alopecia Areata Market Size
The market size shall grow during the forecast period owing to the already launched therapies. The market size is expected to increase at a significant CAGR during the study period. Extensive R&D activities by academias and companies such as Pfizer, Eli Lilly and others shall fuel the growth of the market during the forecast period, i.e., 2021–2030.
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