Brazil Dermatological Therapeutics Market Analysis

Brazil Dermatological Therapeutics Market Analysis


$ 3999

Brazil Dermatological Therapeutics Market is at around $1.03 Bn in 2023 and is projected to reach $1.96 Bn in 2030, exhibiting a CAGR of 9.6% during the forecast period. The market is growing due to factors such as rising dermatological disorders, e-commerce and digital marketing, and technological advancements. The market is dominated by key players like Hypermarcas, Ache Laboratorios Farmaceuticos S.A., EMS: Industria Farmaceutica S.A., Almirall SA, Pfizer Inc., AbbVie Inc., Amgen, Gladerma SA, Johnson & Johnson, Novartis AG, Eli Lily and Company, Sun Pharmaceuticals Ltd., and GlaxoSmithKline PLC.

ID: IN10BRPH035 CATEGORY: Pharmaceuticals GEOGRAPHY: Brazil AUTHOR: Aneri Parekh

Buy Now

Brazil Dermatological Therapeutics Market Executive Summary

Brazil Dermatological Therapeutics Market is at around $1.03 Bn in 2023 and is projected to reach $1.96 Bn in 2030, exhibiting a CAGR of 9.6% during the forecast period.

Dermatological therapeutics addresses conditions such as acne, psoriasis, and skin infections by using topical treatments, systemic medications, and other procedures. Brazilian dermatologist frequently combines prescription drugs, phototherapy, and laser treatments, each specifically designed to address the individual skin needs of their patients as well as common skin issues in the area. Research and technological developments drive the field's ongoing evolution, guaranteeing an efficient and well-rounded approach to dermatological care. Brazil's dedication to advancing skin health and well-being is reflected in the availability of a broad range of therapy alternatives.

The growing aging population and greater skincare knowledge are driving Brazil's dermatological market's steady expansion. From 14.1 Mn in 2010 to 22.2 Mn in 2022, there were 57% more adults 65 and older, making up 11% of the population overall. Major players are growing their product lines and concentrating on new products to cater to a wide range of customer demands. Support from regulations and developments in dermatological research add to the market's promising future. Brazil's dermatological market is a viable industry with prospects for both domestic and foreign firms, despite obstacles such as economic instability.

The global market for dermatological treatments experienced an astounding increase in 2023, with $40.94 Bn in revenue. With cutting-edge technologies and very efficient production methods, this massive growth is indicative of a changing society. The industry's rapid expansion is being fueled by a combination of more investment, ongoing innovation, and greater accessibility. This combination of circumstances has aided the market for dermatological treatments and established the industry as one that is expanding.

As a prominent domestic participant in the Brazilian dermatological treatments industry, Hypermarcas is distinguished by its acquisitions, concentration on the area, and diversified portfolio. Their well-established distribution networks throughout Brazil guarantee that their products are available to pharmacies and medical facilities across the nation. Although generics are more affordable, Hypermarcas may want to think about branching out into the study and creation of innovative treatments to stay ahead of the competition.

Brazil dermatological therapeutics market

Market Dynamics

Market Growth Drivers:

Digital Marketing and e-commerce: These two trends are growing at the same time, making dermatological therapies more accessible. A larger customer base can be reached with the aid of online sales and marketing techniques.

Growing Prevalence of Dermatological Disorders: Skin cancer, psoriasis, eczema, and acne are among the disorders that are becoming more common. The rising occurrence increases the demand for dermatological therapies.

Technological Developments: The creation of novel and enhanced treatments is facilitated by developments in dermatological science and technology.

Market Restraints:

Competition: Pharmaceutical businesses that compete fiercely may find themselves under pressure to cut prices and increase their profit margins.

Patient Adherence: Inadequate patient compliance with dermatological treatment regimens may impede market expansion. Non-compliance may be caused by elements like complicated treatment plans, adverse effects, or the requirement for long-term therapy.

Issues with Reimbursement: The market may be impacted by inconsistent or constrained reimbursement rules for dermatological treatments. Financial obstacles may prevent patients and healthcare professionals from adopting certain therapies.

Healthcare Policies and Regulatory Landscape

Ministry of Health houses the autarchy Brazilian Health Regulatory Agency (ANVISA), which is in charge of coordinating the implementation of the Brazilian Health Regulatory System (SNVS) throughout the whole nation. The Brazilian National Health System (SUS) includes it as a component. Product registration in Brazil is contingent upon receiving ANVISA approval. A submission in eCTD format is required for the product dossier. Through a range of non-clinical and clinical investigations, novel drugs must demonstrate their safety and efficacy. The application process itself can be complicated, requiring several steps, a great deal of documentation, and frequent back-and-forth with ANVISA. Bottlenecks and delays occur frequently.

Competitive Landscape

Key Players:

  • Hypermarcas
  • Ache Laboratorios Farmaceuticos S.A.
  • EMS: Industria Farmaceutica S.A.
  • Almirall SA
  • Pfizer Inc.
  • AbbVie Inc.
  • Amgen
  • Gladerma SA
  • Johnson & Johnson
  • Novartis AG
  • Eli Lily and Company
  • Sun Pharmaceuticals Ltd.
  • GlaxoSmithKline PLC

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Brazil Dermatological Therapeutics Market Segmentation

By Type

  • Prescription-based Drugs
  • Over-the-counter Drugs

By Disease

  • Alopecia
  • Herpes
  • Psoriasis
  • Rosacea
  • Skin Cancer
  • Acne
  • Atopic Dermatitis
  • Vitiligo
  • Hidradenitis
  • Other Applications

By Drug Class

  • Anti-infectives
  • Corticosteroids
  • Anti-acne
  • Calcineurin Inhibitors
  • Retinoids
  • Other Drug Classes

By Route of Administration

  • Topical Administration
  • Oral Administration
  • Parenteral Administration

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy of this report, please complete the form below.


We value your inquiry and offer free customization with every report to fulfil your exact research needs.


This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

  • Ask our analyst how this study was put together to learn more
  • Discuss additional requirements as part of the free customisation
  • Add more countries or regions to the scope 
  • Get answers to specific business questions 
  • Develop the business case to launch the product
  • Find out how this report may influence your business revenue
Last updated on: 22 February 2024
Updated by: Riya Doshi

Related reports (by category)


Related reports (by geography)


subscribe to our newsletter
up