Market Overview:
The global steroid-corticosteroids market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for steroid-corticosteroids in emerging countries. Based on type, the global steroid-corticosteroids market is segmented into cream, injection, and other types. The injection segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This growth can be attributed to the high efficacy and fast action of injections as compared with other forms of steroids-corticosteroids. Based on application, the global steroid-corticosteroid market is segmented into hospital use, clinic use, and other applications such as home care settings and veterinary clinics.
Product Definition:
A steroid is a type of molecule that is composed of four rings of carbon atoms. Corticosteroids are a specific type of steroid that is used to treat inflammation. They are important because they can help reduce swelling and pain.
Cream:
Cream, also known as corticosteroid, is a type of medication that reduces inflammation by inhibiting the action of certain natural chemicals known as cytokines. Cytokines are proteins that act as messengers between cells in the immune system and help them to communicate with each other.
Injection:
Injection is the process through which a substance is introduced into the body. Injectable Steroids, also known as Intra-Articular Steroids (IAS), are substances that are administered into the joints to treat pain caused by osteoarthritis. They reduce inflammation and thus improve joint function.
Application Insights:
The other application segment dominated the global market and accounted for more than half of the total revenue in 2017. Other applications include use as a drug for Addison¢â‚¬â„¢s disease, asthma, osteoporosis, rheumatoid arthritis and others. The hospital application is expected to be the fastest-growing segment over the forecast period owing to increasing demand for corticosteroids in hospitals due to its anti-inflammatory and immunosuppressive properties. In addition, growing awareness about these drugs among patients suffering from chronic diseases is expected to boost product demand in near future.
The clinic application segment is also anticipated to witness significant growth during the forecast period due largely on increased usage of these drugs by athletes as well as bodybuilders without a prescription or outside medical supervision which has resulted in an increased incidence of side effects associated with this drug including liver damage.
Regional Analysis:
North America dominated the global market in 2017 owing to high prevalence of skin disorders, increasing healthcare expenditure, and availability of well-regulated manufacturing facilities. Moreover, growing awareness about available treatment options is also expected to drive the regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period due to rising disposable income and improving healthcare infrastructure in emerging countries such as China and India. In addition, an increase in spending on pharmaceuticals by governments of these countries for chronic diseases management is further anticipated to boost market development during the estimated time frame.
Growth Factors:
- Increasing incidence of chronic diseases: The global steroid-corticosteroids market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing incidence of chronic diseases such as asthma, COPD, and rheumatoid arthritis.
- Rising awareness about the benefits of steroids: There is a growing awareness among people about the benefits of using steroids for treating various medical conditions. This is likely to boost demand for steroid-corticosteroids in the coming years.
- Technological advancements in steroid manufacturing: The development of new technologies for manufacturing steroids has led to an increase in their production and availability at lower costs, thereby driving market growth.
- Growing use of corticosteroids in veterinary medicine: The use of corticosteroids in veterinary medicine is growing rapidly due to their therapeutic benefits for animals such as dogs, cats, horses, and cattle’s etcetera Steroid-Cortico
Scope Of The Report
Report Attributes
Report Details
Report Title
Steroid-Corticosteroids Market Research Report
By Type
Cream, Injection, Other
By Application
Hospital, Clinic, Other
By Companies
Sumitomo, Pfizer, Novartis, Merck, Sanofi, Johnson and Johnson, GSK, AstraZeneca, Cipla
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Steroid-Corticosteroids Market Report Segments:
The global Steroid-Corticosteroids market is segmented on the basis of:
Types
Cream, Injection, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sumitomo
- Pfizer
- Novartis
- Merck
- Sanofi
- Johnson and Johnson
- GSK
- AstraZeneca
- Cipla
Highlights of The Steroid-Corticosteroids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cream
- Injection
- Other
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steroid-Corticosteroids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steroid-corticosteroids are medications that work by reducing inflammation. They are often used to treat conditions such as asthma, arthritis, and Crohn's disease.
Some of the major players in the steroid-corticosteroids market are Sumitomo, Pfizer, Novartis, Merck, Sanofi, Johnson and Johnson, GSK, AstraZeneca, Cipla.
The steroid-corticosteroids market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steroid-Corticosteroids Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steroid-Corticosteroids Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steroid-Corticosteroids Market - Supply Chain
4.5. Global Steroid-Corticosteroids Market Forecast
4.5.1. Steroid-Corticosteroids Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steroid-Corticosteroids Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steroid-Corticosteroids Market Absolute $ Opportunity
5. Global Steroid-Corticosteroids Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steroid-Corticosteroids Market Size and Volume Forecast by Type
5.3.1. Cream
5.3.2. Injection
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steroid-Corticosteroids Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steroid-Corticosteroids Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steroid-Corticosteroids Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steroid-Corticosteroids Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steroid-Corticosteroids Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steroid-Corticosteroids Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steroid-Corticosteroids Demand Share Forecast, 2019-2026
9. North America Steroid-Corticosteroids Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steroid-Corticosteroids Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steroid-Corticosteroids Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steroid-Corticosteroids Market Size and Volume Forecast by Type
9.7.1. Cream
9.7.2. Injection
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steroid-Corticosteroids Demand Share Forecast, 2019-2026
10. Latin America Steroid-Corticosteroids Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steroid-Corticosteroids Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steroid-Corticosteroids Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steroid-Corticosteroids Market Size and Volume Forecast by Type
10.7.1. Cream
10.7.2. Injection
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steroid-Corticosteroids Demand Share Forecast, 2019-2026
11. Europe Steroid-Corticosteroids Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steroid-Corticosteroids Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steroid-Corticosteroids Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steroid-Corticosteroids Market Size and Volume Forecast by Type
11.7.1. Cream
11.7.2. Injection
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growt Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steroid-Corticosteroids Demand Share, 2019-2026
12. Asia Pacific Steroid-Corticosteroids Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steroid-Corticosteroids Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steroid-Corticosteroids Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steroid-Corticosteroids Market Size and Volume Forecast by Type
12.7.1. Cream
12.7.2. Injection
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steroid-Corticosteroids Demand Share, 2019-2026
13. Middle East & Africa Steroid-Corticosteroids Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steroid-Corticosteroids Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steroid-Corticosteroids Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steroid-Corticosteroids Market Size and Volume Forecast by Type
13.7.1. Cream
13.7.2. Injection
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steroid-Corticosteroids Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steroid-Corticosteroids Market: Market Share Analysis
14.2. Steroid-Corticosteroids Distributors and Customers
14.3. Steroid-Corticosteroids Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sumitomo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pfizer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Novartis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Merck
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sanofi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Johnson and Johnson
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GSK
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AstraZeneca
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cipla
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
