Global Topical Corticosteroids Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type Of Formulation;

Ointments, Creams and Others.

By Type Of Potency Class;

Ultra High(Clobetasol Propionate and Diflorasone Diacetate), High(Amcinonide, Betamethasone Dipropionate, Desoximetasone, Fluocinonide, Halcinonide and Others), Moderate(Desoximetasone, Fluocinolone Acetonide, Fludroxycortide, Hydrocortisone Valerate, Triamcinolone Acetonide and Others), Low( Betamethasone Valerate, Desonide, Fluocinolone Acetonide and Others).

By Type Of Treatment;

Contact Dermatitis, Insect Stings, Psoriasis, Eczema and Others.

By End User;

Hospitals & Clinics, Dermatology Clinics, Pharmacies and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn799531494 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Topical Corticosteroids Market (USD Million), 2021 - 2031

In the year 2024, the Global Topical Corticosteroids Market was valued at USD 4,494.07 million. The size of this market is expected to increase to USD 6,421.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The global topical corticosteroids market has been witnessing significant growth over recent years, driven by the rising prevalence of dermatological conditions such as eczema, psoriasis, and dermatitis. Topical corticosteroids are anti-inflammatory medications applied directly to the skin to reduce inflammation and irritation. These medications are essential in the management of various skin disorders and are widely used in both prescription and over-the-counter formulations.

The increasing geriatric population, which is more prone to skin-related issues, has further fueled the demand for topical corticosteroids. In addition, growing healthcare awareness and the emphasis on maintaining healthy skin are contributing to market expansion. Technological advancements in drug formulations have led to the development of more effective and safer topical corticosteroids, enhancing their therapeutic outcomes and patient compliance.

Moreover, the expanding product availability across different regions, supported by robust marketing campaigns and improved healthcare infrastructure, is also playing a pivotal role in driving market growth. Pharmaceutical companies are investing significantly in research and development to introduce innovative products with minimal side effects, thereby attracting a larger customer base.

However, the market faces several restraints, including concerns over the side effects of prolonged use of corticosteroids, such as skin thinning and hormonal imbalances. Strict regulatory policies and high treatment costs are additional barriers to market growth. Despite these challenges, the market presents numerous opportunities for growth. Emerging markets, especially in Asia and Latin America, offer significant potential due to increasing disposable incomes and growing awareness about dermatological treatments. Furthermore, the rise of online pharmacies and advancements in telemedicine are making these treatments more accessible to a broader population.

In conclusion, while the global topical corticosteroids market faces certain challenges, the drivers and opportunities indicate a positive growth trajectory in the coming years, making it a lucrative segment within the pharmaceutical industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type Of Formulation
    2. Market Snapshot, By Type Of Potency Class
    3. Market Snapshot, By Type Of Treatment
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Topical Corticosteroids Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising dermatological conditions
        2. Increasing geriatric population
        3. Growing healthcare awareness
        4. Advancements in formulations
        5. Expanding product availability
      2. Restraints
        1. Side effects concern
        2. Strict regulatory policies
        3. High treatment costs
        4. Limited awareness rural
        5. Competition from alternatives
      3. Opportunities
        1. Emerging markets growth
        2. Product innovation advancements
        3. Online pharmacy expansion
        4. Increasing skincare trends
        5. Government healthcare initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Topical Corticosteroids Market, By Type Of Formulation, 2021 - 2031 (USD Million)
      1. Ointments
      2. Creams
      3. Others
    2. Global Topical Corticosteroids Market, By Type Of Potency Class, 2021 - 2031 (USD Million)
      1. Ultra High
        1. Clobetasol Propionate
        2. Diflorasone Diacetate
      2. High
        1. Amcinonide
        2. Betamethasone Dipropionate
        3. Desoximetasone
        4. Fluocinonide
        5. Halcinonide
        6. Others
      3. Moderate
        1. Desoximetasone
        2. Fluocinolone Acetonide
        3. Fludroxycortide
        4. Hydrocortisone Valerate
        5. Triamcinolone Acetonide
        6. Others
      4. Low
        1. Betamethasone Valerate
        2. Desonide
        3. Fluocinolone Acetonide
        4. Others
    3. Global Topical Corticosteroids Market, By Type Of Treatment, 2021 - 2031 (USD Million)
      1. Contact Dermatitis
      2. Insect Stings
      3. Psoriasis
      4. Eczema
      5. Others
    4. Global Topical Corticosteroids Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Dermatology Clinics
      3. Pharmacies
      4. Others
    5. Global Topical Corticosteroids Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AstraZeneca plc
      2. GlaxoSmithKline plc
      3. Merck & Co., Inc.
      4. Pfizer Inc.
      5. Sandoz AG (Novartis AG)
      6. Sanofi S.A.
      7. Actimis Pharmaceuticals
      8. Bausch Health
      9. Almirall, S.A
      10. Zylera Pharmaceuticals
      11. AstraZeneca plc
  7. Analyst Views
  8. Future Outlook of the Market