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Actinic Keratosis Treatment Market Size

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

Actinic Keratosis Treatment Market Size

Actinic Keratosis Treatment Market size accounted for USD 5.5 billion in 2022 and is estimated to grow at 5.5% to reach USD 9.7 billion by 2032. Rising prevalence of actinic keratosis coupled with growing demand for minimally invasive procedures.

 

For instance, according to American Academy of Dermatology Association 2019 report, more than 40 million Americans develop actinic keratoses (AKs) each year. Thus, increase in the prevalence of actinic keratosis is propelling the demand for minimally invasive procedures such as photodynamic therapy, thereby driving the market growth. Also, growing awareness pertaining to actinic keratosis and various strategic initiatives undertaken by key market players is expected to propel the market progression.

 

Actinic keratosis (AK) refers to a precancerous skin condition characterized by rough, scaly patches or lesions on areas of the body such as such as the face, scalp, ears, and hands that have been exposed to the sun. It is primarily caused by long-term ultraviolet (UV) radiation exposure from the sun or tanning beds. AK is considered a pre-malignant condition, meaning that if left untreated, it has the potential to progress into a type of skin cancer known as squamous cell carcinoma.

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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