[FURL=https://www.industryarc.com/Research/Actinic-Keratosis-Treatment-Market-Research-508687?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Click Here[/FURL] Actinic Keratosis Treatment Market size is estimated to reach $7.8 billion by 2026, growing at a CAGR of 4.4% during the forecast period 2021-2026. Actinic keratosis (AK) is one of the most common pre-cancers that forms on skin damaged by chronic exposure to ultraviolet (UV) rays emitted from the sun. Actinic keratosis appears as small dry, scaly and crusty patches of skin and is often easier to feel owing to their rough texture. The ultraviolet (UV) rays emitted from the sun are considered to be essential for the progression of actinic keratosis (AK) to squamous cell carcinoma. Increase in the adoption of photodynamic therapy, rise in the investment by the key players to launch new drugs, growing demand for ingenol mebutate for the treatment of actinic keratosis, and rise in the awareness about actinic keratosis and related treatment are the factors that are set to drive the growth of the Actinic Keratosis Treatment Market for the period 2021-2026.Key Takeaways
Geographically, North America Actinic Keratosis Treatment Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the growing demand for ingenol mebutate for the treatment of actinic keratosis.
The growing adoption of photodynamic therapy for the treatment of squamous cell carcinoma is driving the hospitals segment.
The high cost of actinic keratosis treatment is one of the major factors that is said to reduce the growth of the Actinic Keratosis Treatment Market.
Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Actinic Keratosis Treatment Market report.
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Actinic Keratosis Treatment Market Drivers
Rise in the Adoption of Minimally Invasive Treatments.
There is a rapid increase in the adoption of minimally invasive treatments owing to demand for fast recovery; and rise in the inclination towards cost-effectiveness for treating squamous cell carcinoma.
The governments across the world are focusing on making healthcare facilities more affordable by implementing various initiatives. These initiatives have increased the number of patients participating in actinic keratosis treatment, which is propelling the growth of the Actinic Keratosis Treatment Market. Moreover, the presence of attractive rebate programs is further driving the growth of the Actinic Keratosis Treatment Market.
Actinic Keratosis Treatment Market. Key companies of this market are Bausch Health Companies Inc, Biofrontera AG, LEO Pharma A/S, Sun Pharmaceutical Industries Ltd, Novartis AG, 3M Pharmaceuticals Inc, Hill Dermaceuticals Inc, Mylan N.V., Almirall, Galderma SA
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