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According to Zion Market Research, the global Angular Cheilitis Treatment market size is projected to reach USD 4600 million by 2030 from its value of USD 2800 million in 2022, at a CAGR of 6.5% during the forecast period.
NEW YORK, United States, Aug. 03, 2023 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled “Angular Cheilitis Treatment Market By Diagnosis (Physical Examination And Others), By Treatment (Antifungal, Antibiotics, Antiseptics, Steroid, Botulinum Toxin, And Others), By End User (Hospitals, Homecare, Specialty Clinics, And Others), By Distribution Channel (Hospital Pharmacy, Online Pharmacy, And Retail Pharmacy) And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the global angular cheilitis treatment market size was valued at around USD 2800 million in 2022. The market is expected to grow above a CAGR of 6.5% and is anticipated to reach over USD 4600 million by 2030.”
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Angular Cheilitis Treatment Market Overview:
Angular cheilitis is an inflammation-related disorder that commonly affects the corners of the mouth or oral commissures. In addition to these names, it is also known as perleche (perlèche), cheilosis, angular stomatitis, and rhagades. Angular cheilitis develops at the angles of the mouth, where two distinct types of skin lining converge and function as a hinge. The facial skin’s squamous epithelium encounters the oral mucosa, the lining of the mouth cavity. Due to their frequent use for eating, drinking, and conversing, they are susceptible to stress and harm.
The most common cause of angular cheilitis is eczematous cheilitis, a type of irritating contact dermatitis that develops when the corners of the mouth are repeatedly exposed to saliva and its digestive enzymes. The angular cheilitis treatment market is being driven by a number of factors, such as the increasing prevalence of diabetes, the rising incidence of angular cheilitis, and the rising investment in R&D.
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Key Insights from Primary Research
- As per the analysis, the angular cheilitis treatment market share is likely to grow above a CAGR of around 6.5% between 2023 and 2030.
- The Angular Cheilitis Treatment market size was worth around USD 2800 million in 2022 and is estimated to hit approximately USD 4600 million by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- The growing prevalence of angular cheilitis is expected to drive angular cheilitis treatment market growth over the forecast period.
- Based on the diagnosis, the physical examination segment is expected to hold the largest market share over the forecast period.
- Based on the treatment, the antibiotics segment is expected to capture a significant portion of the market share over the forecast period. Based on the end user, the specialty clinics segment is expected to garner the largest revenue share of the market over the projected period.
- Based on region, North America is expected to dominate the market over the forecast period.
Competitive Players:
The report contains qualitative and quantitative research on the global angular cheilitis treatment market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global angular cheilitis treatment market include;
- Abbott
- Cadila Pharmaceuticals
- Novartis AG
- Endo International Inc.
- Teva Pharmaceutical Industries Ltd
- Cipla Inc
- Dr Reddy’s Laboratories Ltd
- F. Hoffmann-La Roche Ltd
- Pfizer Inc.
- Zydus Group
- Lupin
- Bayer AG
- Torrent Pharmaceuticals Ltd
- Lupin
- Aurobindo Pharma
- Hikma Pharmaceuticals PLC
- Alkem Labs Ltd
- Cosette Pharmaceuticals
- GSK Plc.
- Amneal Pharmaceutical Inc.
- Mylan N.V.
- Sun Pharmaceutical Industries Ltd.
- Perrigo Company plc
- Akorn Operating Company LLC
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Angular Cheilitis Treatment Market: Growth Drivers
- Rising older population and angular cheilitis prevalence fuel market growth
The rising incidence of angular cheilitis and the growing elderly population are expected to fuel the growth of the global angular cheilitis treatment market over the forecast period. Angular cheilitis, for example, affects an estimated 0.7% of the population, making it a moderately prevalent condition. Additionally prevalent in children, those in their 30s to 60s are most apt to experience it. According to a 2014 study, for every 1,000 individuals, there were 2.5 cases of herpes labialis and 1.9 cases of angular cheilitis.
Angular Cheilitis Treatment Market: Restraints
- Preference for home remedies hamper the market growth
Some individuals may choose to treat Angular Cheilitis with home remedies or over-the-counter products instead of seeking medical treatment. Numerous home remedy products, including aloe vera gel, honey, virgin coconut oil, baking soda, cucumber, and cocoa butter, can treat these conditions. Consequently, the preference for home remedies over pharmaceutical treatment is anticipated to hinder the development of the angular cheilitis treatment market over the forecast period.
Angular Cheilitis Treatment Market: Segmentation
The global Angular Cheilitis Treatment industry is segmented based on diagnosis, treatment, end user, distribution channel, and region.
Based on the diagnosis, the global market is bifurcated into physical examination and others. The physical examination segment is expected to hold the largest angular cheilitis treatment market share over the forecast period. Based on the treatment, the global Angular Cheilitis Treatment industry is divided into antifungal, antibiotics, antiseptics, steroids, botulinum toxin, and others. The antibiotics segment is expected to capture a significant portion of the market share over the forecast period.
Based on end-user, the market is segmented into hospitals, homecare, specialty clinics, and others. The specialty clinics segment is expected to garner the largest revenue share of the market over the projected period. Based on distribution channel, the global angular cheilitis treatment industry is bifurcated into hospital pharmacy, online pharmacy, and retail pharmacy.
Browse Complete Report Here | Angular Cheilitis Treatment Market By Diagnosis (Physical Examination And Others), By Treatment (Antifungal, Antibiotics, Antiseptics, Steroid, Botulinum Toxin, And Others), By End User (Hospitals, Homecare, Specialty Clinics, And Others), By Distribution Channel (Hospital Pharmacy, Online Pharmacy, And Retail Pharmacy) And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030
Regional Overview:
- North America is anticipated to lead the market
North America is anticipated to dominate the global angular cheilitis treatment market during the forecast period. The region’s market expansion is attributable to the ageing population and the rising incidence of diabetes. According to the United States Census Bureau, one in six people in the United States were 65 or elderly in 2020. In 1920, this proportion was less than 1 in 20. The senior population increased by 50.9 million between 1920 and 2020, from 4.9 million (or 4.7% of the total U.S. population) to 55.8 million (16.8%). In addition, the International Diabetes Federation estimates that nearly 11% of Americans, or over 34 million people, have diabetes. Consequently, these factors fuel market expansion in the region over the forecast period.
Report Scope:
| Report Attribute | Report Details |
| Market Size in 2022 | USD 2800 Million |
| Market Forecast in 2030 | USD 4600 Million |
| Growth Rate | CAGR of 6.5% |
| Base Year | 2022 |
| Forecast Years | 2023- 2030 |
| Key Companies Covered | Abbott, Cadila Pharmaceuticals, Novartis AG, Endo International Inc., Teva Pharmaceutical Industries Ltd, Cipla Inc, Dr Reddy’s Laboratories Ltd, F. Hoffmann-La Roche Ltd, Pfizer Inc., Zydus Group, Lupin, Bayer AG, Torrent Pharmaceuticals Ltd, Lupin, Aurobindo Pharma, Hikma Pharmaceuticals PLC, Alkem Labs Ltd, Cosette Pharmaceuticals, GSK Plc., Amneal Pharmaceutical Inc., Mylan N.V., Sun Pharmaceutical Industries Ltd., Perrigo Company plc and Akorn Operating Company LLC among others. |
| Segments Covered | By Diagnosis, By Treatment, By End User, By Distribution Channel, and By Region |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Customization Scope | Avail customized purchase options to meet your exact research needs. |
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The global angular cheilitis treatment market is segmented as follows:
By Diagnosis
- Physical Examination
- Others
By Treatment
- Antifungal
- Antibiotics
- Antiseptics
- Steroid
- Botulinum Toxin
- Others
By End User
- Hospitals
- Homecare
- Specialty Clinics
- Others
By Distribution Channel
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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What Report Offers:
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market
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