Prednisone Market Segmentation:
Disease Segment Analysis
The skin allergies segment is projected to hold 40% share of the global prednisone market by 2035. There has been a growing prevalence of acne all across the globe. A lot of people have acne, and it affects about 8% of the global population, according to research estimates. Additionally, cases of acne are highly seen among teenagers. This prevalent skin condition, which affects over 84% of teenagers, is characterized by clogged pores (whiteheads and blackheads), uncomfortable pimples, and occasionally hard, deep lumps on the face, neck, shoulders, chest, back, and upper arms. Hence, with the growing population of teenagers, the segment is set to have significant growth over the forecast period.
Application Segment Analysis
Prednisone market from the hospital segment is poised to generate the highest revenue share of about 50% over the coming years. This could be owing to the growing investment made in the healthcare sector. Additionally, the number of patients getting admitted to hospitals is also surging. Hospitalized individuals who have a wide range of serious illnesses, such as those with neurological, pulmonary, and cardiovascular diseases, might benefit from steroids. Hospitals provide care for a wide variety of illnesses through dermatology medical devices. Hospitalist physicians typically have a focus on internal medicine, pediatrics, or family practice. They have the resources to handle complex medical problems as well as the knowledge to assist with routine ones. Moreover, there has been an increase in advancement in hospitals and a wide array of medicines are available here.
Our in-depth analysis of the global prednisone market includes the following segments:
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