Skin Cancer and Dermatology

Dermatology Market

The speciality area of medicine known as dermatology is dedicated to treating diseases and disorders of the skin. Over the course of the forecast period, the market for dermatological diagnostics and treatments is anticipated to grow slowly, driven by a rise in the psoriasis market, which is anticipated to increase competition among the current products with more upcoming therapies. This market is seeing a large influx of new businesses due to healthy competition. Major medicine patent expirations are approaching, which is increasing competition and propelling this industry even further. Increasing pressure is also pushing businesses to enter into licensing contracts, which aid in product portfolio expansion and enhance their competitive positions within the market.