Global Radiodermatitis Market By Type (Tropical, Oral Others), By Application (Hospital Pharmecy, Retail PHarmecy, Online Pharmecy), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 44157 | Published Date: May 2024 | No. of Pages: 10 | Base Year for Estimate: May 2024 | Format:
Market Overview:
The global radiodermatitis market addresses the management and treatment of radiation-induced skin toxicities, primarily occurring in cancer patients undergoing radiation therapy. Radiodermatitis can be either acute or chronic and can be categorised into four grades of severity, namely redness, peeling, swelling and death of skin cells. There are a number of oral medicines and ointments that are available for Radiodermatitis treatment. Silver lea, hydrogel and other types of dressing are also being used to treat this problem. Growing demand for effective treatment options that enhance the quality of life of the patient is likely to boost the global radiodermatitis market.
The global radiodermatitis market was valued at USD 518 million in 2023 and is projected to reach USD 749.33 million by 2030, growing at a CAGR of 5.0% from 2023-2030. In 95% of cancer patients receiving radiation therapy, radiodermatitis, which includes erythema, dry desquamation, and moist desquamation, develops. Additionally, it is estimated that radiodermatitis affects 85 to 95% of patients undergoing radiation therapy for breast cancer, albeit to varying degrees. The increasing number of public and private healthcare organisations actively promoting awareness about the diagnosis, treatment, and management of radiodermatitis is one of the major factors propelling this market.
Premium Insights:
Technological advancements in radiation therapy techniques, such as intensity-modulated radiation therapy (IMRT), volumetric modulated arc therapy (VMAT), and proton therapy, are improving treatment precision and targeting, reducing the risk of normal tissue toxicity, including radiodermatitis
The growing focus on patient-centric care, supportive oncology, and quality of life improvement is driving research and innovation in radiodermatitis management, leading to the development of novel topical agents, wound dressings, skin care products, and supportive care interventions.
Global Radiodermatitis Market Dynamics:
Drivers: Aging population, Focus on Improved Treatment Outcomes and growing awareness and diagnosis
-Radiation therapy will likely be required for an increasing number of age-related cancers as the world's population ages. Products for treating radiodermatitis will become more in demand as a result of this.
- Technological developments in radiation therapy may occasionally require higher radiation doses, increasing the risk of radiodermatitis. But this also encourages the creation of better ways to treat radiodermatitis and make radiation therapy more comfortable for patients.
-A better understanding of radiodermatitis among medical professionals may result in more effective diagnosis and care. This guarantees that during cancer treatment, patients receive the right care to manage their condition and enhance their quality of life.
Restraints: Limited treatment options, high costs of treatments and focus on preventive measure that could limit growth
-Although there are products available for treating radiodermatitis, there aren't many that work for everyone. To effectively manage the condition, the market needs to continue developing novel and more effective therapies.
-The cost of radiation therapy and associated radiodermatitis treatment products can be a significant burden for patients and healthcare systems. This can limit access to treatment, especially in regions with limited healthcare resources.
-The increasing focus on preventive tactics in cancer care, like reducing radiation exposure or looking into alternate treatments when appropriate, may help to reduce the incidence of radiodermatitis in the future.
Opportunities: Development of novel therapies and emerging markets in different parts of the world
-The market presents a significant opportunity for the development of new and more effective radiodermatitis treatment products with fewer side effects. This could involve exploring innovative drug delivery systems, topical formulations, and other therapeutic approaches.
-The growing healthcare infrastructure and rising disposable income in developing regions present an opportunity for market expansion. This can be facilitated by creating cost-effective treatment options and increasing access to radiodermatitis care in these markets.
Market By Radiodermatitis Type Insights:
-Based on Product Type the market is segmented as topical, corticosteroids, hydrophilic creams, topical antibiotics, oral drugs, dressings, hydrogel and hydrocolloid dressings, no sting barrier film, honey-impregnated gauze among others. In 2023 the topical product segment emerged as the dominant product, accounting for over 71.4% of the market. This can be attributed to reasons such as ease of use, accessibility and cost efficiency. Topical products also reduce the risk of microbiological transmission and protect the skin from abrasive substances.
Market By End Use Insights:
-Based on end use, hospitals and clinics represent the largest end-user segment in the radiodermatitis market, driven by the high patient volume undergoing radiation therapy for cancer treatment and the centralised delivery of comprehensive oncology care and supportive services. Simultaneously online pharmacies are gaining more prominence, given that an increasing number of patients seek digital alternatives amid the increased prevalence of digital literacy which has enhanced access to smart gadgets and the internet.
Market By Region Insights:
-Based on regional coverage, the Global Radiodermatitis Market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. North America dominates the global radiodermatitis market, attributed to the high prevalence of cancer, widespread adoption of radiation therapy, advanced healthcare infrastructure, and favourable reimbursement landscape supporting oncology supportive care interventions. However, Asia-Pacific dominated the market in 2022 with over 46.1% market share in 2022.
Competitive Scenario:
- Key players operating in the Global Radiodermatitis Market are Stratpharma AG, Smith & Nephew, Molnlycke Health Care AB, Derma Sciences Inc., Acelity, ConvaTec Inc., BMG Pharma S.R.L., among others
Scope of Work- Global Radiodermatitis Market
Key Market developments:
September 2022- BMG Pharma, an Italy-based pharmaceutical company and HTL Biotechnology-France-based biotechnology company signed an agreement for the production of the functional ingredient underlying the patented Hyalururomimethic technology that works on Hyaluronate Lipoate Formate ( SHLF) to develop solutions in aesthetic dermatology, ophthalmology, and arthrosis.
January 2023-3M Company launched its next-generation skincare products for radiodermatitis management, offering advanced formulations, enhanced efficacy, and improved patient comfort and compliance.
September 2024-Smith & Nephew plc announced the acquisition of a leading wound care technology company specialising in advanced wound dressings and wound healing solutions for the management of radiodermatitis and other acute and chronic wounds.
Frequently Asked Questions (FAQs)
What factors are driving the growth of the global radiodermatitis market?
Ans. Key drivers include the increasing incidence of cancer and adoption of radiation therapy, advancements in radiation therapy techniques, growing awareness and education about radiodermatitis management, and the emergence of novel skincare products and supportive care interventions.
What is radiodermatitis, and what are its primary symptoms and manifestations?
Ans. Radiodermatitis, also known as radiation dermatitis or radiation skin injury, is a common side effect of radiation therapy characterised by inflammation, erythema, oedema, dryness, itching, and sometimes ulceration of the skin in the irradiated area. Its primary symptoms include skin redness, pain, blistering, peeling, and impaired wound healing.
What are the primary challenges and restraints faced by the radiodermatitis market?
Ans. Challenges include limited treatment options, variability in patient skin sensitivity and reactivity, regulatory and reimbursement challenges
What are the key companies operating in the market?
Ans. The key companies operating in the market are Global Radiodermatitis Market are Stratpharma AG, Smith & Nephew, Molnlycke Health Care AB, Derma Sciences Inc., Acelity, ConvaTec Inc., BMG Pharma S.R.L.
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