Betamethasone ointment is a steroid medication that is used to treat a number of skin diseases such as dermatitis, allergic conditions, and itching.
Factors such as increasing incidences of skin disorders such as psoriasis, rising incidences of asthma, surge in cancer patients, and rising incidences of rheumatoid disorders such as rheumatoid arthritis and systemic lupus erythematosus drive the market growth. However, side effects associated with betamethasone such as muscle weakness and allergic reactions may restrain the market growth. Moreover, introduction of different formulations of betamethasone and untapped market opportunities in emerging nations provide opportunities for the market growth.
The betamethasone ointment market is segmented on the basis of type and region. On the basis of type, it is segmented into betamethasone dipropionate, betamethasone sodium phosphate, and betamethasone valerate. Geographically, the market has been analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
The key players in the market include GlaxoSmithKline plc., East West Pharma, Omega Remedies Pvt Ltd., Moraceae Pharmaceuticals Pvt. Ltd., Emson Medichem Pvt. Ltd., Dermocare Laboratories (Guj.) Pvt Ltd, Cipla Inc., Micro Labs Ltd, Pharmtak Ophtalmics Pvt. Ltd., and Psyco Remedies.
- The study provides an in-depth analysis of the market with current trends and future estimations to elucidate imminent investment pockets.
- It offers a quantitative analysis from 2016 to 2023, which is expected to enable stakeholders to capitalize on prevailing market opportunities.
- Extensive analysis by product helps understand various types of betamethasone used for treatment.
- Comprehensive analysis of all geographical regions has been provided, which helps determine prevailing opportunities.
- Key players have been profiled and their strategies thoroughly analyzed, which helps understand the competitive outlook of the global market.
Global Betamethasone Ointment Market Key Segments:
- Betamethasone Dipropionate
- Betamethasone Sodium Phosphate
- Betamethasone Valerate
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Saudi Arabia
- Rest of LAMEA