Denmark Dermatology Drugs Market Analysis

Denmark Dermatology Drugs Market Analysis


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By 2030, it is anticipated that the Denmark Dermatology drugs market will reach a value of $xx Mn from $xx Mn in 2022, growing at a CAGR of xx% during 2022-2030. The market is primarily dominated by local players such as Mediq Danmark, LEO Pharma, and Lundbeck. The market is driven by teledermatology consultations, healthcare expenditure of the country, and awareness about dermatological health. The dermatology drug market in Denmark is segmented by drug class, drug type, prescription mode, indication, route of administration, end-user, and distribution channel.

ID: IN10DKPH008 CATEGORY: Pharmaceuticals GEOGRAPHY: Denmark AUTHOR: Dr. Vishwa Modhia

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Denmark Dermatology Drugs Market Analysis Summary

By 2030, it is anticipated that the Denmark Dermatology drugs market will reach a value of $xx Mn from $xx Mn in 2022, growing at a CAGR of xx% during 2022-2030.

Denmark is renowned for its healthcare and is one of the richest nations in the world. Denmark has a high health spending rate, allocating 10.3% of its GDP to healthcare. Self-reported skin complaints were made by 17.2% of Danish people overall. The itching was the most common self-reported skin issue, with a prevalence of 6.5%. Pimples were the aspect of the skin that age most strongly influenced.

Market Dynamics

Market Growth Drivers

The use of telemedicine in dermatology in Denmark is expanding, giving patients access to online consultations and treatments. More than 60% of the pharmaceutical sector in Scandinavia is located in the Danish-Swedish "Medicon Valley" life science cluster. More dermatology businesses will be inspired to enter the Danish market as a result. Danish citizens are aging significantly, with 19% of them being over 65. Aging, which contributes to a rise in the use of dermatological drugs, will drive the market.

Market Restraints

Large-scale clinical trials are challenging to carry out because of the small size of the Danish population. Long wait times for appointments and treatments are caused by the scarcity of dermatologists and dermatology specialists.

Competitive Landscape

Key Players

  • Lundbeck (DNK)
  • LEO Pharma (DNK)
  • Galderma (DNK)
  • Mediq Danmark (DNK)
  • Sanofi-Aventis (DNK)
  • Pfizer
  • Novo Nord
  • GlaxoSmithKline
  • Sanofi
  • Johnson & Johnson

Healthcare Regulations and Reimbursement Policies

The Danish Medicines Agency, or Lgemiddelstyrelsen in Danish, is in charge of regulating dermatology medications in Denmark. Prior to being marketed and sold in Denmark, the agency is in charge of assessing the safety and efficacy of medications, including dermatology medications. The organization is also in charge of the drugs' post-approval monitoring to guarantee their ongoing efficacy and safety.

In Denmark, the government-run, tax-funded national healthcare system oversees the reimbursement of dermatology medications. A dermatology drug's ability to be reimbursed depends on factors like whether it is an over-the-counter (OTC) or prescription-only medication, how effective it is at treating a given condition, and how much it costs.

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

Dermatology Drugs Market Segmentation

The Dermatology Drugs Market is segmented as mentioned below

By Disease (Revenue, USD Billion):

  • Psoriasis
  • Acne Vulgaris
  • Atopic Dermatitis
  • Eczema
  • Rosacea
  • Itchthyosis
  • Vitiligo
  • Others

By Route Of Administration (Revenue, USD Billion):

  • Oral
  • Parenteral
  • Topical

By Distribution Channel (Revenue, USD Billion):

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others  

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 18 February 2023
Updated by: Riya Doshi

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