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With 13.87% CAGR, Atopic Dermatitis Market Size to Surpass USD 16.23 Billion by 2028 Says Brandessence Market Research

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The Global Atopic Dermatitis Market was worth USD 6.54 billion in 2021. It is expected for industry to register a CAGR of 13.87% over the forecast duration, thereby amassing a valuation of USD 16.23 billion by end of the assessment timeframe.

Atopic dermatitis is a chronic skin condition that causes itchiness, dryness, and inflammation on the skin. It may also lead to skin discoloration if not treated on time. This ailment can occur in both children and adults. A wide array of reasons is responsible for the occurrence of atopic dermatitis including the exposure to irritants present in certain products like soaps, shampoos, and detergents among others. Apart from that, allergens and harsh environmental conditions may also cause this disease.

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Global Atopic Dermatitis Market Outlook (2022-2029)

The growing prevalence of this disease along with the escalating demand for early diagnosis and treatment of atopic dermatitis are primarily augmenting the outlook of this business vertical.

Furthermore, rising R&D investments in the field, increasing healthcare expenditure across various nations, together with surging clinical research activities worldwide are adding momentum to the progression of this marketplace.

Also, the presence of favourable medical reimbursement scenario across developed countries is another growth catalyst for this industry sphere.

The rapidly evolving healthcare infrastructure, rising awareness about atopic dermatitis among the masses, coupled with growing focus of research organizations and pharmaceutical companies to develop efficient treatment therapeutics for this ailment are aiding market expansion.

On the contrary, the progression of Global Atopic Dermatitis Market is being hindered by the high cost of anti-atopic dermatitis therapeutics along with the rising instances of patent expiry of products.

The global health crisis triggered by the outbreak of the COVID-19 pandemic had a negative influence on the growth trajectory of this industry. Strict lockdown impositions, fear of virus contraction, and overcrowded healthcare centers with COVID-19 patients, restricted the masses from visiting a healthcare facility to have their check-ups and treatments done until it was a case of an emergency. Dermatological disorders like atopic dermatitis generally come under non-emergency disease and therefore do not need immediate attention. During the pandemic era, healthcare providers had to emphasize treating the COVID-19 infected patients while attending the people who required critical care. This pushed them to postpone the consultation or treatment of people having non-serious health conditions. This in turn slowed down the progression of this business vertical over the pandemic period.

Competitive Hierarchy

The prominent players characterizing the competitive terrain of the Global Atopic Dermatitis Market are Novartis International AG, Astellas Pharma Inc., Pfizer Inc., Sanofi S.A., Regeneron Pharmaceuticals Inc., Valeant Pharmaceuticals International Inc., Anacor Pharmaceuticals Inc., Bristol-Myers Squibb, Meda Pharmaceuticals, Galderma S.A., Allergan Plc., LEO Pharma, Mylan, Bayer HealthCare, and Encore Dermatology.

These players are striving hard to enhance their overall market position. They are participating in the formulation of various growth inducing strategies such as mergers & acquisitions, collaborations, partnerships, and new product launches, among others to witness robust financial gains and emerge as global leaders.

Segmental Outlook

By Drug Class

  • Biologics
  • Corticosteroids
  • Calcineurin Inhibitors
  • PDE4 Inhibitors
  • Others

By Disease Indication

  • Atopic Dermatitis
  • Contact Dermatitis
  • Other

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

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Region-Wise Outlook

Which is the leading region in the Global Atopic Dermatitis Market?

North America is reckoned to lead the market in terms of volume share over the forecast duration. This is attributable to the increasing patient pool diagnosed with the target disease, influx of noteworthy players, and presence of favorable medical reimbursement scenario.

How is Asia Pacific performing in this industry?

Asia Pacific is slated to amass notable gains over 2022-2029 owing to the rapidly evolving healthcare infrastructure in this region, rising awareness about atopic dermatitis among the masses, and escalating demand for biologics in the dermatological treatment sector.

Category-Wise Outlook

Which is the most dominant drug class segment in this business vertical?

The biologics sector is currently dominating the market in terms of volume share. This is ascribed to the efficacy of biologics-based therapeutics in treating dermatological disorders.

Which is the fastest growing distribution channel segment in this marketplace?

The online pharmacy segment has emerged as one of the fastest growing segments in this industry sphere due to the widespread internet proliferation and increasing adoption of smart devices across the globe.

Comparing the historical outlook and ongoing trends of this market

This market vertical is being positively impacted by a wide array of growth propellants which have emerged over the stipulated timeline.

There has been a surging pervasiveness of atopic dermatitis across the globe. This disease is predominantly triggered by harsh climatic conditions, exposure to allergens and irritants, genetic factors, age, lifestyle habits, and dietary trends. Mostly, the disease occurs at an early age, but the symptoms turn severe with age. In 2017, the World Health Organization revealed that around 900 million people worldwide were diagnosed with atopic dermatitis. These factors are stimulating the overall dynamics of this business sphere.

Medical research organizations along with biotech and pharmaceutical companies have been up their R&D activities with an aim to create effective therapeutics to treat this disorder. It is worth noting that the use of biologics-based drugs has proven to be quite efficient in treating dermatological disorders. As of now, one biologic product has received approval from regulatory authorities and is being used in the treatment of atopic dermatitis. This in turn is adding traction to the development of this market.

On Special Requirement Atopic Dermatitis Market Report is also available for below region:

North America

  • U.S, Canada
Europe
  • GermanyFrance, U.K., ItalySpainSweden, Netherland, TurkeySwitzerlandBelgium, Rest of Europe

Asia-Pacific

  • South KoreaJapanChinaIndiaAustraliaPhilippinesSingaporeMalaysiaThailandIndonesia, Rest Of APAC

Latin America

  • MexicoColombiaBrazilArgentinaPeru, Rest of Latin America

Middle East and Africa

  • Saudi Arabia, UAE, EgyptSouth Africa, Rest Of MEA

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Major Developments

In January 2022, CIBNQ0 a drug developed by Pfizer for the treatment of adults diagnosed with severe atopic dermatitis received approval from the FDA.

Related Reports:

Brandessence Market Research & Consulting Pvt ltd.

Brandessence Market Research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

Artificial Intelligence

Borderless AI and Nium Transform Employer of Record Business with Real-Time Cross-Border Payments

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Strategic alliance will allow for employers to seamlessly pay employees and contractors in 100 currencies across more than 190 countries
TORONTO, May 1, 2024 /PRNewswire/ — Today, Borderless AI, a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium, the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry. This collaboration marks a significant milestone in enhancing efficiency, transparency, and speed in global employment and payroll solutions.

The traditional EOR process often faces delays and inefficiencies in cross-border payments, leading to administrative bottlenecks and hindered business operations. With Nium’s cutting-edge technology integration, Borderless AI is able to streamline operations, offering faster, more efficient, and secure payment solutions. This enables organizations to confidently navigate international complexities, seamlessly pay employees and contractors, and manage remote teams more efficiently.
Nium’s advanced payment infrastructure and global network facilitate seamless fund transfers across borders, eliminating intermediaries and significantly reducing transaction times. Borderless AI can now provide clients with instant transfer of funds through Nium’s platform, enabling efficient management of payroll, taxes, expenses, and financial obligations across more than 190 countries.
“Our collaboration with Nium represents a significant leap in delivering multi-country payroll and unmatched value to our customers,” said Willson Cross, CEO of Borderless AI. “By leveraging Nium’s innovative technology, we empower businesses to efficiently manage their global workforce while ensuring timely and secure cross-border payments.”
Some benefits derived by organizations like Affiniti Finance and MG2 Corporation include:
Faster and more affordable cross-border payments.Worldwide access to 190+ countries and 100 currencies, with funds available real-time in 100 markets.Helps scale globally in a compliant manner, by adhering to local regulations and maintaining robust security measures.”Borderless AI is contributing to the changing Employer of Record industry and we are excited to be a part of their journey,” said Prajit Nanu, CEO and Co-founder of Nium. “By integrating our real-time cross-border payment solutions with Borderless AI’s EOR expertise, we empower businesses to transcend geographical barriers and unlock new opportunities for growth.”
In conjunction with this partnership and to strengthen its industry expertise, Borderless AI is officially announcing the addition of Rajesh Venkatesh as Chief Payments Officer and Umesh Maini as Chief Product Officer to its executive team. Both leaders bring invaluable experience from the global payments space. Venkatesh previously served as Chief Product Officer at Nium and worked as a payments executive for a combined 15 years at PayPal and eBay. Maini previously served as Chief Product Officer at Buckzy  – a cross-border payments network and embedded finance platform – and has worked as a payments executive at Western Union and TD Bank.
This strategic alliance underscores Borderless AI and Nium’s shared commitment to innovation and excellence in global employment solutions, paving the way for businesses to navigate cross-border operations efficiently and unlock new growth possibilities. For more information, visit us here.
About Borderless AI:Borderless AI is a global payroll solution that leverages the power of generative AI to automate and speed up the process of onboarding, managing, and paying international team members. With Borderless AI, businesses can compliantly hire and manage talent worldwide without establishing a foreign entity while alleviating the complexities and risks associated with hiring global employees. With a focus on innovation and customer service, Borderless AI developed Alberni, the world’s first AI agent for global HR. Alberni uses conversational AI to simplify global employment tasks from contract creation to expense management. The company is headquartered in Toronto, Canada, and has raised $27 million in seed funding to date, backed by Susquehanna and Aglaé Ventures.
About Nium:Nium, the leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 190+ countries, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium’s growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorisations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.
Media ContactInkhouse for Borderless [email protected]
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Appdome Unveils World’s First Agentless Mobile EDR & MTD

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Appdome MobileEDR™ removes complexity and friction with new unified Enterprise Mobile Endpoint Detection and Response and Mobile Threat Defense Solution
REDWOOD CITY, Calif., May 1, 2024 /PRNewswire/ — Appdome, the mobile app economy’s one-stop shop for mobile app defense, today announced Appdome MobileEDR™, a new enterprise mobile app protection service that consolidates Mobile Threat Defense (MTD) and Endpoint Detection & Response (EDR) capabilities into a single agentless product offering. MobileEDR leverages the 300+ defenses of the Appdome platform and provides real-time mobile threat and attack detection, deep mobile device inspection and anywhere enforcement to keep enterprise networks and resources safe from malware, supply chain and other attacks.

Legacy MTD and mobile EDR solutions have failed to adequately protect against the growing proliferation of mobile threats. To work, these early offerings required user-dependent software agents, such as separate mobile apps or profiles, to be installed on the user’s mobile device(s). These added agents, apps and profiles raised privacy concerns among employees, slowed adoption and could be disabled by the mobile end user, leaving gaps in device inspection and mobile threat detection.  Likewise, these early offerings often impose a manual implementation burden and complex SDKs on resource constrained mobile development teams, leading most teams to shelve or abandon MTD and mobile EDR deployment. Appdome is eliminating this friction and delivering the world’s first agentless, no code, no server solution for enterprise mobile apps to ensure maximum enterprise adoption and protection.
“Mobile EDR and threat detection solutions have failed to gain wide adoption for several reasons – privacy concerns and compliance, implementation complexity of SDKs, and lack of mobile end-user trust with MTD apps and agents on their BYOD devices,” said Richard Stiennon Chief Research Analyst with IT-Harvest. “The Appdome approach gives organizations the full power of Mobile EDR and MTD, including protection, response, and visibility without the friction of SDK, server, and agent-based approaches.”
The Appdome MobileEDR is an in-app mobile EDR and MTD solution coded into enterprise mobile applications by Appdome’s patented no-code, unified mobile app defense platform. By delivering the needed device inspection, threat detection and telemetry capabilities in the mobile app itself, Appdome provides continuous and comprehensive monitoring of Android and iOS devices, including mobile smartphones, embedded apps, VR apps, and wearable apps. All mobile threat inspections are performed throughout the lifecycle of use for each mobile app, without any server, server call outs or other external attestation. This ensures full runtime protection, improves stability and responsiveness, and eliminates signal spoofing common with server attestation services. 
“We’ve built the first mobile EDR/MTD solution that addresses the reality of how organizations need to detect and respond to mobile threats in the enterprise,” said Tom Tovar, co-creator and CEO of Appdome. “SolarWinds taught all of us that malware on a mobile device can compromise an enterprise network and to protect the enterprise network, you need broad adoption and persistence in your mobile EDR/MTD solution. It does no good if it’s not used or it can be turned off.”
Key features of Appdome MobileEDR solution include:
In-App Enterprise Delivery: Appdome MobileEDR is the only solution that can be deployed in both internally developed and 3rd party mobile applications without any code, coding, SDKs or servers. All mobile EDR/MTD capability is added in the enterprise application and hardened against reverse engineering and attacks by design.In-Use Mobile Threat Inspection:  Once embedded in an enterprise mobile app, Appdome’s Threat-EKG feature functions as a persistent mobile EDR/MTD solution during the lifecycle of use for each mobile application. That means, it operates when the enterprise mobile application is in use (and does not operate when it’s not in use). This eliminates any privacy concerns and allows the mobile EDR/MTD to detects mobile threats relevant to the enterprise business in real time.Broadest Mobile Threat Detection: Appdome packs 300+ mobile app security, anti-malware, anti-spyware, anti-vishing, anti-fraud, social engineering, geo-compliance, and anti-bot defenses into MobileEDR to offer enterprises the most comprehensive mobile device inspection, EDR and MTD on the market. Anywhere Enforcement: The Appdome MobileEDR’s Anywhere Enforcement™ model allows enterprises to use mobile threat detection and defense data across the entire enterprise infrastructure, including the mobile app, mobile app server, IAM service layer, UEM/MAM/MDM, or firewall/WAF. This ensures that enterprises can get the full benefit of deep device inspection on managed and unmanaged mobile devices.Adaptive Mobile Trust: Appdome MobileEDR is the only mobile threat detection and defense system that empowers the enterprise to set the level of trust to use in evaluating on-device mobile threats. Enterprises can use either Zero-Trust, to ensure the device is free of any specific threat before allowing connection, login or activity in the mobile app. Or, Enterprises can use Dynamic Trust which evaluates the device state dynamically throughout the lifecycle of mobile app use.Appdome ThreatSource™: Appdome MobileEDR comes ready to use with application userID or sessionID to give enterprises even deeper investigation and telemetry on threats and attacks impacting their users and network.Appdome ThreatScope™ Mobile XDR: Telemetry data is visualized in ThreatScope, which provides instant visibility and rapid, agile response to any threat or attack against Android & iOS apps.”Enterprises need more flexible and agile ways to stay ahead of mobile threats, malware, NSOs, and protect their employees and networks effectively,” said Chris Roeckl, Chief Product Officer at Appdome. “MobileEDR is the only mobile EDR and MTD that goes beyond the basic device inspection to include geo-compliance, social engineering defenses and more. We can’t wait to get this product into the hands of enterprises everywhere.”
Appdome will be demonstrating the new Appdome MobileEDR solution at the RSA Conference 2024 in San Francisco May 6-9, 2024 in booth #2339. For more information about Appdome MobileEDR, please visit our web site at https://www.appdome.com/enterprise-mobile-app-security/mobile-endpoint-detection-and-response/.  
About AppdomeThe Appdome mission is to protect every mobile app and mobile user in the world. . Appdome provides the mobile industry’s only Unified Mobile App Defense platform, powered by a patented mobile coding engine, Threat-Events™ Threat-Aware UX/UI Control, and ThreatScope™ Mobile XDR. Using Appdome, mobile brands eliminate complexity, ship faster and save money by delivering 300+ Certified Secure™ mobile app security, anti-malware, anti-fraud, mobile anti-bot, anti-cheat, geo compliance, MiTM attack prevention, code obfuscation, social engineering and other protections in Android and iOS apps with ease, inside the mobile DevOps and CI/CD pipeline. Leading financial, healthcare, government and m-commerce brands use Appdome to protect Android and iOS apps, mobile customers and mobile businesses globally. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending.
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Artificial Intelligence

Cloud Orchestration and AI Innovation Fuel Asia Pacific’s Emergence as Premier Hub for Next-Generation Data Center Sites

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SINGAPORE, May 1, 2024 /PRNewswire/ — The acceleration of digital transformation initiatives such as hybrid cloud deployments, Artificial Intelligence (AI) and Machine Learning (ML) solutions, and the implementation of the Internet of Things (IoT) at the edge network continues to generate usage and demand for next-generation data centers. According to global technology intelligence firm ABI Research, next-generation colocation data centers will reach 7,640 sites by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8%.

Data centers will continue playing an integral role in driving enterprises’ digital operations. “Deployment of cloud-based solutions remains a top agenda for many enterprises, necessitating the demand for data centers. The rise of edge-to-cloud data management orchestration solutions increases the benefits of running workloads through a robust and well-equipped data center,” says Yih-Khai Wong, Distributed and Edge Computing Senior Analyst at ABI Research.
Data centers are undergoing a transformation phase. “This is necessary as data and workloads are getting more complex, requiring higher processing capabilities. We are seeing an increasing demand for mega and large data center sites that can support AI/ML workloads, including generative AI,” Wong explains.
Asia Pacific (excluding China) will host the largest number of colocation sites by 2030, accounting for 28% of total colocation sites worldwide. Europe is the second largest region with 27%, while North America is third with 24%. This represents a shift compared to 2023, when Europe had the most colocation sites, with 31% of total sites, followed by North America with 27%, and the Asia Pacific (excluding China) with 22%.
“The emergence of generative AI has also boosted demand for next-generation data center capabilities. The processing of large language models (LLMs) will require a tremendous amount of data processing power and excellent network connectivity. Data center operators will have to ensure that current and future data center sites can meet the requirements generated from new technologies,” Wong concludes.
These findings are from ABI Research’s Next-Generation Data Center Forecasts market data report. This report is part of the company’s Distributed and Edge Computing research service, which includes research, data, and ABI Insights.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司,为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:GlobalDeborah Petrara Tel: [email protected] 
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