Corticosteroids Therapy Market
By Route of Administration;
Inhalation Devices-[Dry Powder, Meter-Dosed Inhalers and Nebulizers], Injections-[Intramuscular and Intravenous], Oral-[Tablets and Suspensions] and Topicals-[Creams, Lotions and Ointments]By Indication;
Allergic Rhinitis, Asthma, Dermatological Disorders, Inflammatory Bowel Disease and Rheumatoid ArthritisBy Drug Type;
Budesonide, Dexamethasone, Hydrocortisone, Methylprednisolone and PrednisoneBy Dosage Form;
Creams, Injections, Suspensions and TabletsBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Corticosteroids Therapy Market Overview
Corticosteroids Therapy Market (USD Million)
Corticosteroids Therapy Market was valued at USD 5,375.57 million in the year 2024. The size of this market is expected to increase to USD 7,016.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.9%.
Corticosteroids Therapy Market
*Market size in USD million
CAGR 3.9 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 3.9 % |
| Market Size (2024) | USD 5,375.57 Million |
| Market Size (2031) | USD 7,016.94 Million |
| Market Concentration | High |
| Report Pages | 300 |
Major Players
- Sumitomo
- Pfizer
- Novartis
- Merck
- Sanofi
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Corticosteroids Therapy Market
Fragmented - Highly competitive market without dominant players
Corticosteroids Therapy Market is expanding steadily as demand rises for effective anti-inflammatory and immunosuppressive treatments. Corticosteroids play a vital role in managing chronic conditions such as asthma, arthritis, and autoimmune disorders, ensuring improved patient outcomes. More than 65% of healthcare providers now recommend advanced corticosteroid therapies, reflecting their critical importance in modern clinical practice.
Key Drivers Accelerating Growth
The rising focus on personalized treatment solutions is a major driver of this market. Nearly 52% of patients are seeking tailored corticosteroid regimens that match their specific health conditions. This demand for precision-based care strengthens the adoption of corticosteroid therapies across hospitals, specialty clinics, and outpatient centers.
Advancements Strengthening Market Adoption
Technological progress in drug formulation and delivery is transforming the market. About 48% of manufacturers are investing in novel inhalers, transdermal systems, and controlled-release formulations. These innovations improve compliance, reduce side effects, and make treatments safer and more effective for long-term use.
Growth Prospects and Industry Outlook
Corticosteroids Therapy Market shows strong growth prospects, supported by stringent regulatory standards that ensure product quality and safety. Nearly 41% of new product approvals emphasize compliance with advanced protocols. With more than 58% of healthcare facilities integrating corticosteroid therapies into chronic disease management, the market is set for continuous expansion.
Corticosteroids Therapy Market Key Takeaways
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The market for corticosteroids therapy in 2025 is valued at roughly USD 5.9 billion and is projected to grow to about USD 7.8 billion by 2030, reflecting steady expansion driven by widespread therapeutic demand.
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High prevalence of chronic inflammatory, respiratory, autoimmune and dermatological disorders underpins strong demand for corticosteroid treatments across oral, inhaled, injectable and topical delivery formats, supporting broad clinical adoption.
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The growing burden of respiratory illnesses such as asthma and chronic obstructive pulmonary disease (COPD), along with rising rates of autoimmune conditions and skin allergies, is expanding the patient pool and boosting therapy utilization.
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Innovations in formulation and delivery including advances in inhaled corticosteroids, combination therapies and safer systemic/regional delivery are improving safety profile and patient compliance, enhancing market attractiveness.
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Expanding access to healthcare and increasing awareness of long‑term management of chronic diseases in emerging regions are fueling growth outside traditional markets, strengthening global demand distribution.
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Increasing geriatric population and rising incidence of age‑related inflammatory and musculoskeletal conditions are creating sustained demand for corticosteroid therapy among older demographics.
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Given diversified application across respiratory, dermatology, autoimmune and chronic inflammatory diseases and growing use in both hospital and outpatient settings, corticosteroid therapy is positioned for long‑term stable growth and rising market share in global pharmaceutical portfolios.
Corticosteroids Therapy Market Recent Developments
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In August 2022, a pilot study began examining vamorolone as a potential treatment for Becker muscular dystrophy (BMD), with the first patient receiving a dose of the drug. As part of its research into therapies for various types of muscular dystrophy, ReveraGen BioPharma initiated the development of steroid-based medications aimed at improving patient outcomes.
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In April 2022, Eli Lilly and Company combined Lebrikizumab with topical corticosteroids to treat atopic dermatitis (AD). In the 16th week of the trial, 75% improvement was observed among patients. These critical combination trials, which met all primary and key secondary objectives, showed that lebrikizumab significantly improved key areas of AD, including skin condition and itch relief.
Corticosteroids Therapy Market Segment Analysis
In this report, Corticosteroids Therapy Market has been segmented by Route of Administration, Indication, Drug Type, Dosage Form, and Geography.
Corticosteroids Therapy Market, Segmentation by Route of Administration
The Route of Administration segment includes Inhalation Devices (Dry Powder, Meter-Dosed Inhalers, and Nebulizers), Injections (Intramuscular and Intravenous), Oral (Tablets and Suspensions), and Topicals (Creams, Lotions, and Ointments). These methods determine how corticosteroids are delivered to patients, impacting both effectiveness and patient preference in treating various conditions.
Inhalation Devices
Inhalation devices such as dry powder inhalers, metered-dose inhalers, and nebulizers are commonly used for treating respiratory conditions like asthma and allergic rhinitis. These devices provide targeted delivery of corticosteroids to the lungs, enhancing treatment effectiveness for pulmonary diseases.
Injections
Injections, including intramuscular and intravenous options, are used for rapid corticosteroid delivery, often for severe inflammatory conditions such as rheumatoid arthritis and inflammatory bowel disease. They offer quick systemic effects and are critical in acute disease management.
Oral
Oral corticosteroids in the form of tablets and suspensions are commonly used for chronic conditions like asthma and inflammatory bowel disease. They provide systemic treatment and are easy for patients to administer at home.
Topicals
Topical corticosteroids, available as creams, lotions, and ointments, are primarily used for dermatological disorders. They offer localized treatment for conditions like eczema, psoriasis, and dermatitis, minimizing systemic side effects.
Corticosteroids Therapy Market, Segmentation by Indication
The Indication segment includes Allergic Rhinitis, Asthma, Dermatological Disorders, Inflammatory Bowel Disease, and Rheumatoid Arthritis. These medical conditions represent the primary therapeutic uses of corticosteroids, each benefiting from different delivery methods based on the nature and severity of the condition.
Allergic Rhinitis
Allergic rhinitis is commonly treated with inhalation corticosteroids to reduce inflammation and relieve symptoms such as nasal congestion and sneezing. Inhalers and nasal sprays are often used for targeted treatment of upper airway inflammation.
Asthma
Asthma is frequently managed with inhalation corticosteroids to control airway inflammation and prevent asthma attacks. Both dry powder inhalers and metered-dose inhalers are widely used for long-term management of asthma symptoms.
Dermatological Disorders
Dermatological disorders such as eczema, psoriasis, and dermatitis are treated with topical corticosteroids. These forms of corticosteroids help reduce skin inflammation, itching, and redness, offering relief in chronic skin conditions.
Inflammatory Bowel Disease
Inflammatory bowel disease (IBD), including Crohn's disease and ulcerative colitis, is often treated with oral corticosteroids. These medications help control inflammation in the gastrointestinal tract and manage flare-ups of IBD.
Rheumatoid Arthritis
Rheumatoid arthritis is a chronic inflammatory condition that benefits from corticosteroid injections (intramuscular or intravenous) and oral corticosteroids. These treatments help manage pain, reduce inflammation, and slow disease progression in affected joints.
Corticosteroids Therapy Market, Segmentation by Drug Type
The Drug Type segment includes Budesonide, Dexamethasone, Hydrocortisone, Methylprednisolone, and Prednisone. These are some of the most widely prescribed corticosteroids, each having different properties and therapeutic uses depending on the severity and condition being treated.
Budesonide
Budesonide is commonly used in the treatment of asthma, allergic rhinitis, and inflammatory bowel disease. It is known for its targeted action in the lungs and gastrointestinal tract, with minimal systemic effects when delivered via inhalation or nebulization.
Dexamethasone
Dexamethasone is a potent corticosteroid used in the treatment of inflammation, autoimmune conditions, and allergies. It is available in multiple forms, including injections and oral formulations, and is often used for acute flare-ups of inflammatory diseases.
Hydrocortisone
Hydrocortisone is one of the most commonly used corticosteroids, often prescribed for conditions such as adrenal insufficiency, dermatitis, and allergic reactions. It is available in various forms, including oral tablets, creams, and injections.
Methylprednisolone
Methylprednisolone is used to treat a wide range of conditions, including autoimmune disorders, allergies, and asthma. It is often administered via oral tablets or injections, offering both immediate and long-term relief from inflammation.
Prednisone
Prednisone is widely used to treat conditions like rheumatoid arthritis, inflammatory bowel disease, and asthma. It is effective in reducing inflammation and controlling flare-ups in chronic conditions, and is often administered orally.
Corticosteroids Therapy Market, Segmentation by Dosage Form
The Dosage Form segment includes Creams, Injections, Suspensions, and Tablets. These dosage forms are selected based on the type of condition being treated and the most effective method of drug delivery for that condition.
Creams
Creams are used for topical treatment of skin conditions such as dermatitis and eczema. These offer localized delivery of corticosteroids, providing targeted relief with minimal systemic side effects.
Injections
Injections are commonly used for rapid systemic relief of inflammation and pain, especially in acute conditions such as rheumatoid arthritis. Injectable corticosteroids provide quick action and are often administered in hospitals or clinics.
Suspensions
Suspensions are used primarily for oral administration in the treatment of diseases such as inflammatory bowel disease and asthma. They allow for easy swallowing and consistent dosing over time.
Tablets
Tablets are commonly used in the oral administration of corticosteroids for long-term management of conditions like rheumatoid arthritis, asthma, and allergies. They offer controlled release and are suitable for chronic conditions requiring consistent medication.
Corticosteroids Therapy Market, Segmentation by Geography
The Geography segment includes North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates corticosteroids therapy market, supported by high healthcare expenditure, extensive research, and a large patient pool. Europe follows closely with increasing adoption of corticosteroid therapies for chronic diseases, while Asia Pacific is witnessing rapid market expansion driven by growing healthcare access and rising prevalence of inflammatory diseases.
Regions and Countries Analyzed in this Report
North America
North America leads the corticosteroids therapy market, driven by advanced healthcare infrastructure, a high prevalence of chronic diseases, and widespread adoption of corticosteroid therapies for conditions like asthma, rheumatoid arthritis, and inflammatory bowel disease.
Europe
Europe follows closely, with significant demand for corticosteroids driven by the aging population, increasing awareness of chronic conditions, and strong healthcare systems in countries like Germany, the UK, and France.
Asia Pacific
Asia Pacific is expected to witness rapid growth, fueled by improving healthcare access, increasing prevalence of inflammatory diseases, and rising awareness about the benefits of corticosteroid treatments in countries like China, India, and Japan.
Middle East & Africa
The Middle East & Africa market is expanding, supported by rising healthcare investments and an increasing focus on managing chronic diseases, particularly in countries like the UAE and Saudi Arabia.
Latin America
Latin America is experiencing moderate growth, particularly in Brazil and Mexico, as healthcare access improves and awareness of corticosteroid therapies increases for the management of chronic conditions.
Corticosteroids Therapy Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Corticosteroids Therapy Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers :
- Rising Chronic Disease Burden
- Expanding Applications in Rheumatology
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Advancements in Drug Delivery - Corticosteroids Therapy Market is witnessing notable advancements in drug delivery systems, which are revolutionizing the administration and efficacy of corticosteroid treatments. Traditional delivery methods, such as oral tablets and topical creams, are being supplemented and enhanced by innovative approaches aimed at improving patient outcomes and adherence to therapy. One significant advancement is the development of targeted drug delivery systems, including inhalers and nasal sprays, designed to deliver corticosteroids directly to the affected area, such as the lungs or nasal passages. These targeted delivery methods offer several advantages, including increased drug concentration at the site of action, reduced systemic side effects, and improved treatment efficacy.
As advancements in formulation technologies are enabling the development of novel corticosteroid formulations with enhanced bioavailability and prolonged duration of action. For example, sustained-release implants and injectable formulations are being explored to provide long-lasting therapeutic effects, reducing the frequency of dosing and enhancing patient convenience. Additionally, the integration of nanotechnology and biodegradable polymers is facilitating the development of corticosteroid delivery systems with improved stability, controlled release kinetics, and enhanced tissue penetration. These advancements in drug delivery are reshaping the corticosteroids therapy landscape, offering new opportunities for personalized treatment approaches and improved patient care.
Restraints :
- Side Effects and Long-Term Use Concerns
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Regulatory Stringency - Corticosteroids Therapy Market is significantly influenced by regulatory stringency across various regions, which plays a crucial role in shaping market dynamics and affecting the availability, accessibility, and usage of corticosteroid medications. Regulatory agencies, such as the U.S. Food and Drug Administration (FDA), the European Medicines Agency (EMA), and their counterparts in other regions, enforce stringent regulations to ensure the safety, efficacy, and quality of corticosteroid products. These regulations encompass various aspects, including clinical trial requirements, manufacturing standards, labeling guidelines, and post-market surveillance, aimed at safeguarding public health and minimizing risks associated with corticosteroid therapy.
Compliance with regulatory requirements is essential for pharmaceutical companies seeking approval for corticosteroid medications, leading to extensive preclinical and clinical testing, rigorous quality control measures, and adherence to Good Manufacturing Practices (GMP). Moreover, regulatory agencies continually evaluate corticosteroid safety profiles based on real-world data and adverse event reports, leading to periodic updates to prescribing information, labeling, and risk mitigation strategies. As a result, manufacturers must navigate complex regulatory landscapes and invest significant resources in regulatory affairs to ensure compliance and market authorization for corticosteroid products. This regulatory stringency underscores the importance of adhering to high-quality standards and transparent communication in the development, approval, and marketing of corticosteroid therapies to meet regulatory requirements and maintain patient safety.
Opportunities :
- Development of Biosimilars
- Combination Therapies
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Focus on Pediatric Formulations - Corticosteroids Therapy Market is witnessing a notable shift towards focusing on pediatric formulations, reflecting a growing recognition of the unique medical needs and considerations in pediatric patients. Pediatric formulations of corticosteroids are specifically tailored to meet the safety, efficacy, and dosing requirements of children, addressing challenges such as palatability, dosage flexibility, and ease of administration.
With an increasing prevalence of inflammatory and autoimmune conditions in children, including asthma, dermatitis, and rheumatic diseases, there is a rising demand for corticosteroid therapy in pediatric populations. Manufacturers are responding to this demand by developing pediatric-specific formulations in various dosage forms such as oral suspensions, chewable tablets, and topical creams, ensuring optimal treatment outcomes while minimizing potential adverse effects.
Regulatory agencies are placing greater emphasis on pediatric drug development and approval, incentivizing pharmaceutical companies to invest in pediatric research and clinical trials. This focus on pediatric formulations not only enhances access to appropriate treatment options for pediatric patients but also contributes to advancing pediatric healthcare and improving quality of life for children with chronic medical conditions.
Corticosteroids Therapy Market Competitive Landscape Analysis
Corticosteroids Therapy Market is becoming highly competitive as pharmaceutical companies and healthcare providers adopt targeted strategies to expand their therapeutic offerings. With demand rising above 35%, companies are focusing on collaboration, partnerships, and selective merger activities. Continuous innovation in drug delivery systems and biologic corticosteroids is fueling steady growth across autoimmune disorders, asthma, and inflammatory conditions.
Market Structure and Concentration
The market reflects moderate concentration, with nearly 45% share controlled by leading pharmaceutical companies. Larger corporations pursue merger and acquisition strategies to enhance product portfolios, while regional players emphasize niche formulations. This balance sustains competitive growth and supports expansion across both developed and emerging healthcare markets.
Brand and Channel Strategies
Producers are deploying diversified strategies, with more than 40% of corticosteroid therapies distributed through hospitals and pharmacies. Partnerships with healthcare providers, insurers, and government bodies improve accessibility, while branding emphasizes safety, efficacy, and affordability. Digital innovation and regional expansion further reinforce long-term growth and customer engagement.
Innovation Drivers and Technological Advancements
Over 50% of companies are investing in technological advancements such as extended-release formulations, inhalable corticosteroids, and biologic agents. These innovations improve therapeutic outcomes and patient adherence. Strategic partnerships with biotech firms foster growth, while continuous product expansion strengthens competitiveness in advanced therapeutic areas.
Regional Momentum and Expansion
North America holds more than 35% share, supported by a strong healthcare infrastructure and high adoption rates of biologics. Europe contributes above 30%, driven by regulatory frameworks and growing demand for advanced therapies. Asia-Pacific shows rapid growth exceeding 25%, with expansion supported by rising healthcare investments and partnerships with regional healthcare providers.
Future Outlook
The future outlook highlights sustained growth surpassing 40%, driven by the increasing prevalence of autoimmune disorders and asthma. Competitive strategies involving mergers, partnerships, and continuous therapeutic innovation will define the sector. Continued expansion into emerging markets, supported by technological advancements, will ensure long-term competitiveness for corticosteroid therapy providers.
Key players in Corticosteroids Therapy Market include:
- Pfizer Inc.
- Novartis AG
- GlaxoSmithKline
- Merck KGaA
- AstraZeneca plc
- Sanofi SA
- Cipla Inc.
- Abbott Laboratories
- Johnson & Johnson
- Sumitomo
- Takeda Pharmaceutical Co., Ltd.
- Bayer AG
- Eli Lilly and Company
- Teva Pharmaceutical Industries Ltd.
- Fresenius Kabi
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Route of Administration
- Market Snapshot, By Indication
- Market Snapshot, By Drug Type
- Market Snapshot, By Dosage Form
- Market Snapshot, By Region
- Corticosteroids Therapy Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Rising Chronic Disease Burden
- Expanding Applications in Rheumatology
- Advancements in Drug Delivery
- Restraints
- Side Effects and Long-Term Use Concerns
- Regulatory Stringency
- Opportunities
- Development of Biosimilars
- Combination Therapies
- Focus on Pediatric Formulations
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Corticosteroids Therapy Market, By Route of Administration, 2021 - 2031 (USD Million)
- Inhalation Devices
- Dry Powder
- Meter-Dosed Inhalers
- Nebulizers
- Injections
- Intramuscular
- Intravenous
- Oral
- Tablets
- Suspensions
- Topicals
- Creams
- Lotions
- Ointments
- Inhalation Devices
- Corticosteroids Therapy Market, By Indication, 2021 - 2031 (USD Million)
- Allergic Rhinitis
- Asthma
- Dermatological Disorders
- Inflammatory Bowel Disease
- Rheumatoid Arthritis
- Corticosteroids Therapy Market, By Drug Type, 2021 - 2031 (USD Million)
- Budesonide
- Dexamethasone
- Hydrocortisone
- Methylprednisolone
- Prednisone
- Corticosteroids Therapy Market, By Dosage Form, 2021 - 2031 (USD Million)
- Creams
- Injections
- Suspensions
- Tablets
- Corticosteroids Therapy Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Corticosteroids Therapy Market, By Route of Administration, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Pfizer Inc.
- Novartis AG
- GlaxoSmithKline
- Merck KGaA
- AstraZeneca plc
- Sanofi SA
- Cipla Inc.
- Abbott Laboratories
- Johnson & Johnson
- Sumitomo
- Takeda Pharmaceutical Co., Ltd.
- Bayer AG
- Eli Lilly and Company
- Teva Pharmaceutical Industries Ltd.
- Fresenius Kabi
- Company Profiles
- Analyst Views
- Future Outlook of the Market

