The Indonesia Atopic Dermatitis Therapeutics Market was valued at US $74 Mn in 2022, and is predicted to grow at (CAGR) of 8.8% from 2023 to 2030, to US $145 Mn by 2030. The key drivers of this industry include the rising prevalence of Atopic Dermatitis (AD), growing disposable income and improved healthcare infrastructure. The industry is primarily dominated by players such as Sanofi, Novartis, Abbott, Merck, Roche, GSK, Bristol-Myers Squibb, among others.
The Indonesia Atopic Dermatitis Therapeutics Market was valued at around US $74 Mn in 2022 and is projected to reach US $145 Mn in 2030, exhibiting a CAGR of 8.8% during the forecast period.
Atopic dermatitis (AD), commonly known as eczema, is a chronic, inflammatory skin condition characterized by redness, itching, and inflammation. It often appears in localized patches on different parts of the body and can be aggravated by factors such as dry skin, stress, and exposure to specific irritants or allergens. Prominent symptoms include intense itching, redness, dryness, and the development of small, fluid-filled blisters that may discharge fluid and form crusts. Emollients are commonly used for skin moisturization, topical corticosteroids for reducing inflammation, and, in severe cases, systemic immunosuppressants. Various pharmaceutical companies manufacture treatments for atopic dermatitis, including Regeneron Pharmaceuticals and Sanofi's Dupixent (Dupilumab), Pfizer's Eucrisa (Crisaborole), and Novartis's Elidel (Pimecrolimus).
Atopic dermatitis affects around 7% of the overall Indonesian population. The market is fueled by significant factors such as the rising prevalence of AD, the growing disposable income of the population, and the evolving healthcare infrastructure in the therapeutics market. However, conditions such as limited access, regulatory hurdles, and competition from traditional medicines limit the growth and potential of the market.
Market Growth Drivers
Rising prevalence of AD: The overall prevalence of AD is approximately 7% in the Indonesian population. The increase is attributable to factors such as urbanization, environmental pollution, and genetic susceptibility.
Growing disposable income: The expanding middle class in Indonesia, characterized by rising disposable income, has resulted in increased expenditure on healthcare and pharmaceuticals, including treatments for chronic conditions such as atopic dermatitis.
Improved healthcare infrastructure: The Indonesian government is making significant investments in healthcare infrastructure, extending access to hospitals and pharmacies, particularly in rural regions. This facilitates the broader availability of treatments for atopic dermatitis. Enhancing the local production and distribution of medications for atopic dermatitis can reduce costs and enhance availability, thereby contributing to additional market growth.
Market Restraints
Limited coverage: Unequal distribution of healthcare facilities, especially dermatologists, throughout Indonesia hinders access to accurate diagnosis and treatment, particularly in rural regions. A considerable portion of the population lacks sufficient health insurance, rendering expensive atopic dermatitis therapeutics, such as biologics, financially out of reach for many.
Regulatory hurdles: Rigorous drug approval processes and prolonged registration procedures can postpone the accessibility of recent atopic dermatitis treatments in Indonesia. Reimbursement policies, marked by the insufficient coverage of atopic dermatitis therapeutics under national health insurance programs, additionally curtail access for patients.
Traditional treatment preferences: Relying on traditional remedies and self-medication, though potentially providing certain relief, may impede or postpone the effective use of conventional or advanced therapies. Stigma associated with atopic dermatitis and a lack of awareness regarding its management deter some individuals from seeking appropriate treatment in Indonesia
The healthcare regulatory landscape in Indonesia is overseen by the National Agency of Drug and Food Control (BPOM). It is responsible for ensuring the safety, quality, and efficacy of pharmaceuticals, food, and cosmetics in Indonesia. The agency plays a crucial role in the approval and regulation of drugs and pharmaceutical products. Companies looking to introduce new drugs to the Indonesian market need to navigate through BPOM's regulatory processes, which include rigorous evaluation and approval procedures to ensure compliance with safety and quality standards.
Obtaining licenses for pharmaceutical products in Indonesia involves a thorough submission and review process with BPOM. Companies must provide comprehensive documentation, including evidence of product safety, efficacy, and quality. Collaboration with local experts, staying informed about regulatory updates, and establishing strong relationships with regulatory authorities are key strategies for new entrants seeking to operate within Indonesia's pharmaceutical market.
Key Players
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
By Drug Class
By Route of Administration
By Severity type
By Age Group
By Distribution channel
Methodology for Database Creation
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