Xanthoma Market Information: By Type (Xanthelasma, Xanthoma Tuberosum, Xanthoma Tendinosum, Eruptive Xanthoma), Diagnosis (Physical Examination, Biopsy, Blood Tests), Treatment (Drugs, Surgery), End User (Hospitals And Clinics) – Global Forecast Till 2023
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Xanthoma is a dermatology condition characterized by fatty growth underneath the skin. The growth can vary in size ranging from a pinhead to as large as a grape and usually appear like a flat bump under the skin and sometimes yellow or orange colored. They usually don’t cause any pain with some minor irritation such as tenderness and itchy feeling. There may be clusters of growths in the same area or several individual growths on different parts of the body. The exact causes of xanthoma is unknown, however, genetic factors have been indicated a cause of this conditions such as cogenosis type 1a, autosomal recessive hypercholesterolemia, alagille syndrome, and cholesterol storage disease.
Key Market Players
Some of the key players profiled in the report are AstraZeneca PLC, GlaxoSmithKline PLC, Johnson & Johnson, Bayer HealthCare Pharmaceuticals LLC, Pfizer, Inc., Novartis International AG, Teva pharmaceutical industries, Novo Nordisk, Sanofi and others.
The Americas accounts for a significant market share owing to high expenditure on the health care, especially, of the U.S. and Canada. Additionally, the greater number of dermatology procedures due to greater healthcare penetration in the U.S. and Canada drive the market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of dermatology procedures especially the xanthoma surgery treatment in the returns of hospitals favors the market. The large number of pharmaceutical companies in the U.S. is also adding fuel the growth of the market in the US.
Europe is the second largest market in the world due to growing pharmaceutical industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large pharmaceutical industry.
Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to the fast growing healthcare sector and large unmet needs over the forecast period. South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of the healthcare industry in the Asia Pacific region is expected to drive the future market in the region.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt, and Iran. The African region is expected to witness a poor growth owing to poor economic and political conditions, and poor healthcare development. Other regions are expected to be laggards due to poor social development and tribal identities such as sub-Saharan Africa.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Xanthoma Market” Research Report – Forecast till 2023.
The global Xanthoma Market has been segmented on the basis of types, diagnosis, treatment, and end user.
Based on the types, the market has been segmented as xanthelasma, xanthoma tuberosum, xanthoma tendinosum, eruptive xanthoma, xanthoma planum, palmar xanthoma, tuberoeruptive xanthoma, and others.
Based on the diagnosis, the market has been segmented as physical examination, biopsy, blood tests, and others.
Based on the treatment, the market has been segmented as drugs, surgery, chemical treatment, and others.
Based on the end user, the market has been segmented as hospitals and clinics, research and academics, and others.
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