Topical Corticosteroids Market
By Application;
Dermatology, Ophthalmology, Rheumatology and AllergyBy Formulation;
Creams, Ointments, Lotions and GelsBy Potency;
High Potency, Medium Potency and Low PotencyBy Patient Type;
Pediatric, Adult and GeriatricBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Topical Corticosteroids Market Overview
Topical Corticosteroids Market (USD Million)
Topical Corticosteroids Market was valued at USD 4,494.07 million in the year 2024. 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%.
Topical Corticosteroids Market
*Market size in USD million
CAGR 5.2 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 5.2 % |
| Market Size (2024) | USD 4,494.07 Million |
| Market Size (2031) | USD 6,421.21 Million |
| Market Concentration | Medium |
| Report Pages | 369 |
Major Players
- AstraZeneca plc
- GlaxoSmithKline plc
- Merck & Co., Inc.
- Pfizer Inc.
- Sandoz AG (Novartis AG)
- Sanofi S.A.
- Actimis Pharmaceuticals
- Bausch Health
- Almirall, S.A
- Zylera Pharmaceuticals
- AstraZeneca plc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Topical Corticosteroids Market
Fragmented - Highly competitive market without dominant players
The Topical Corticosteroids Market is growing consistently as dermatology relies heavily on these treatments for managing inflammatory skin diseases. Over 65% of dermatological prescriptions include corticosteroid-based therapies, underlining their critical role in addressing conditions such as eczema, psoriasis, and dermatitis. Their rapid action and established safety profile make them indispensable in skin care.
Rising Prevalence of Skin Disorders
The rising occurrence of chronic skin disorders has fueled this demand. Approximately 55% of patients with skin-related conditions use topical corticosteroids to relieve symptoms. Their effectiveness in reducing itching, inflammation, and irritation has strengthened their use as frontline therapies in dermatology.
Adoption of Low- and Medium-Potency Formulations
A large proportion of prescriptions involve low- and medium-potency corticosteroids, which represent nearly 50% of clinical use. These options are widely favored due to their balanced efficacy and lower risk of adverse effects, particularly in children and long-term treatment settings.
Advancements in Drug Delivery Systems
Innovation continues to advance the field, with about 45% of new product launches focusing on improved drug delivery formats such as gels, ointments, and creams. These developments improve skin absorption, enhance effectiveness, and support better patient compliance.
Topical Corticosteroids Market Key Takeaways
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Increasing Prevalence of Dermatological Disorders is driving the growth of the Topical Corticosteroids market, particularly with the rising cases of eczema, psoriasis, and dermatitis.
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Shift Toward Combination Therapies is gaining momentum, with topical corticosteroids being combined with other drugs to enhance treatment efficacy and reduce side effects.
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Technological Advancements in Formulations are enhancing the delivery systems of topical corticosteroids, improving patient compliance and treatment outcomes.
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Focus on Product Diversification is increasing, with manufacturers introducing various formulations such as gels, creams, and ointments to cater to different patient preferences.
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Growing Awareness of Side Effects is leading to the development of safer corticosteroid formulations with reduced systemic absorption and fewer long-term side effects.
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Regional Growth in Asia-Pacific is accelerating, fueled by increasing healthcare infrastructure and rising awareness of dermatological treatments.
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Regulatory Approvals and Market Expansion are positively impacting market dynamics, as new topical corticosteroid products gain approval and reach new markets.
Topical Corticosteroids Market Recent Developments
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In April 2022, Eli Lilly and Company reported that its drug lebrikizumab, when combined with topical corticosteroids, demonstrated significant improvements in disease severity among patients with atopic dermatitis, highlighting its potential as an effective treatment option.
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In August 2022, the first patient was dosed in a pilot study assessing vamorolone as a potential therapy for Becker muscular dystrophy (BMD). Developed by ReveraGen BioPharma, this steroid-based medication is also being explored for treating other forms of muscular dystrophy.
Topical Corticosteroids Market Segment Analysis
In this report, the Topical Corticosteroids Market has been segmented by type of formulation, type of potency class,Route of Administration, type of treatment, End User and geography.
Topical Corticosteroids Market, Segmentation by Type Of Formulation
In this report, the Topical Corticosteroids Market has been segmented by Type Of Formulation into Ointments, Creams and Others.
Ointments
Ointments represent the largest share in the topical corticosteroids market, primarily because of their high efficacy in treating chronic dermatological conditions. With nearly 45% market adoption, these formulations provide deep skin penetration and longer-lasting relief, making them a trusted choice among dermatologists for severe cases.
Creams
Creams remain a widely used formulation, capturing around 40% of the market. Their non-greasy texture and ease of absorption make them highly acceptable for patients, particularly for visible skin areas. Due to their versatility, creams are often the first-line recommendation for conditions requiring fast relief with minimal residue.
Others
Other formulations, including lotions, gels, sprays, and foams, account for nearly 15% of the market. These products are preferred for specialized applications such as scalp treatments and widespread skin disorders. The segment is experiencing steady growth, fueled by innovations in drug delivery technologies and rising demand for user-friendly solutions.
Topical Corticosteroids Market, Segmentation by Type Of Potency Class
Ultra High: Ultra-high potency corticosteroids contain potent active ingredients such as Clobetasol Propionate and Diflorasone Diacetate. These formulations are reserved for severe and resistant dermatological conditions due to their strong anti-inflammatory effects. They are typically prescribed for short-term use in limited areas of the body to minimize the risk of side effects.
Ultra High
Ultra-high potency corticosteroids account for nearly 20% of the global market, making them an important option for severe dermatological disorders. Formulations containing Clobetasol Propionate and Diflorasone Diacetate are widely recognized for their intense anti-inflammatory action. Due to their strength, these drugs are generally limited to short-duration use and applied on restricted body sites to minimize potential side effects while achieving rapid symptom relief.
Topical Corticosteroids Market, Segmentation by Route of Administration
In this report, the Topical Corticosteroids Market has been segmented by Route of Administration into Topical Application and Transdermal.
Topical Application
Topical application represents the largest segment, capturing nearly 85% of the overall market. It is favored for its direct therapeutic effect on the affected area and limited systemic exposure, which reduces potential risks. Owing to its cost-effectiveness and broad use in common skin conditions, this route continues to be the standard choice in dermatology
Transdermal
Transdermal administration accounts for around 15% of the market and is witnessing rising adoption. Its ability to deliver controlled and prolonged release of corticosteroids enhances treatment outcomes, especially in chronic cases. With advancements in transdermal patch technology and patient-friendly solutions, this segment is projected to expand steadily in the coming years
Topical Corticosteroids Market, Segmentation by Type Of Treatment
In this report, the Topical Corticosteroids Market has been segmented by Contact Dermatitis, Insect Stings, Psoriasis, Eczema and Others.
Contact Dermatitis
Contact dermatitis is a leading application area, making up around 30% of the market. Topical corticosteroids remain the treatment of choice for controlling itching, redness, and irritation caused by allergens or irritants. With rising cases of occupational skin disorders, this segment continues to show strong demand.
Insect Stings
Insect stings contribute nearly 10% of the demand, as corticosteroids help provide rapid relief from swelling, itching, and localized inflammation. Their popularity is particularly high in areas with greater exposure to insects, where quick symptom control is essential.
Psoriasis
Psoriasis accounts for approximately 25% of market share, reflecting its widespread prevalence as a chronic inflammatory condition. Corticosteroids are widely prescribed for their ability to reduce flare-ups, scaling, and skin irritation, making them a mainstay in psoriasis management.
Eczema
Eczema represents nearly 25% of the topical corticosteroids market. With corticosteroids being the most effective therapy for atopic dermatitis, they remain the first-line treatment for controlling flare-ups and itching. Increasing incidence of childhood eczema is a key factor fueling this segment.
Others
The Others category makes up about 10% of the market and covers conditions such as seborrheic dermatitis, rashes, and allergic reactions. Wider adoption of OTC corticosteroid creams and their role in general dermatological care continue to support growth in this segment.
Topical Corticosteroids Market, Segmentation by End User
In this report, the Topical Corticosteroids Market has been segmented by End User Hospitals & Clinics, Dermatology Clinics, Pharmacies and Others.
Hospitals & Clinics
Hospitals & Clinics lead the market with nearly 40% share, reflecting their importance as primary centers for diagnosis and treatment of dermatological conditions. Equipped with specialized staff and modern facilities, they account for a significant portion of prescription-based use of corticosteroids.
Dermatology Clinics
Dermatology clinics make up about 30% of the market, serving as focused hubs for skin disease management. Their popularity stems from offering specialized consultations, faster treatment access, and tailored care. Growth in this segment is supported by the rising number of private dermatology practices worldwide.
Pharmacies
Pharmacies account for nearly 20% of demand, driven by the widespread availability of OTC topical corticosteroid products. They are a convenient option for patients managing mild skin conditions, fueling steady adoption. The increasing trend toward self-care and self-medication further strengthens this channel.
Others
The Others segment, covering online pharmacies and retail-based channels, holds around 10% of the market. The surge in digital health adoption and consumer preference for home delivery of medicines are expected to accelerate the growth of this segment in the coming years.
Topical Corticosteroids Market, Segmentation by Geography
In this report, the Topical Corticosteroids Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Topical Corticosteroids Market Share (%), by Geographical Region
North America
North America dominates the global market with about 35% share, reflecting high cases of psoriasis, eczema, and allergic skin conditions. Strong healthcare infrastructure and availability of innovative formulations ensure continued leadership in this region.
Europe
Europe holds close to 25% of the market, supported by its advanced healthcare network and high use of prescription-based corticosteroids. Increasing awareness of skin-related disorders and the presence of leading dermatology research centers further strengthen the region’s position.
Asia Pacific
Asia Pacific represents nearly 20% of global revenue and is poised for the fastest growth rate. Rising incidence of dermatitis and psoriasis, coupled with expanding healthcare services in emerging economies, is expected to accelerate adoption of corticosteroid therapies.
Middle East and Africa
The Middle East and Africa account for almost 10% of the market, where demand is driven by improving healthcare systems and rising preference for affordable corticosteroid products. Limited awareness and uneven access remain hurdles in certain parts of the region.
Latin America
Latin America contributes around 10% to global sales, with growth spurred by increasing cases of skin allergies and eczema. Countries like Brazil and Mexico are leading adopters, supported by greater access to pharmacies and dermatology care.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Topical Corticosteroids Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising dermatological conditions
- Increasing geriatric population
- Growing healthcare awareness
- Advancements in formulations
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Expanding product availability - Expanding product availability is a critical driver in the global topical corticosteroids market. This expansion is primarily fueled by the increasing efforts of pharmaceutical companies to penetrate untapped markets and enhance their distribution networks. The global nature of the healthcare market demands a strategic approach to ensure that topical corticosteroids are accessible to a diverse population across various geographic locations.
Pharmaceutical companies are leveraging advancements in logistics and supply chain management to improve the reach of their products. This includes partnering with local distributors and pharmacies, which allows them to cater to the specific needs of different regions more effectively. Additionally, the growth of online pharmacies has revolutionized product availability, making it easier for consumers to access these medications from the comfort of their homes. This is particularly beneficial in regions with limited access to physical healthcare facilities.
Another aspect of expanding product availability is the introduction of a wider range of formulations and concentrations. This diversification enables healthcare providers to tailor treatments to individual patient needs, thereby improving therapeutic outcomes. For instance, the availability of topical corticosteroids in various forms such as creams, ointments, lotions, and gels ensures that patients can choose the most suitable option based on their condition and preference.
Furthermore, robust marketing campaigns and educational initiatives by pharmaceutical companies play a significant role in increasing product awareness and availability. By educating healthcare professionals and consumers about the benefits and proper use of topical corticosteroids, these campaigns help in driving demand and ensuring that these medications are readily available where they are most needed.
Overall, expanding product availability not only enhances market penetration but also ensures that patients worldwide have access to effective dermatological treatments, thereby contributing significantly to the growth of the global topical corticosteroids market.
Restraints:
- Side effects concern
- Strict regulatory policies
- High treatment costs
- Limited awareness rural
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Competition from alternatives - Competition from alternatives poses a significant restraint on the global topical corticosteroids market. With the advancement of medical research and technology, several alternative treatments have emerged, offering different therapeutic benefits and appealing to both healthcare providers and patients.
One of the primary alternatives is the development of non-steroidal anti-inflammatory drugs (NSAIDs) for topical use. These drugs provide anti-inflammatory effects similar to corticosteroids but often come with fewer side effects, making them a preferred choice for long-term treatment of chronic skin conditions. NSAIDs like diclofenac and pimecrolimus are increasingly being prescribed for conditions like eczema and psoriasis, which traditionally relied heavily on corticosteroids.
In addition to NSAIDs, natural and herbal remedies are gaining popularity as alternatives to topical corticosteroids. Products containing ingredients such as aloe vera, calendula, and chamomile are marketed as having anti-inflammatory and soothing properties with minimal side effects. The growing trend towards natural and organic skincare products further fuels the demand for these alternatives.
Biologics and systemic treatments also present significant competition. These treatments, which include monoclonal antibodies and immunomodulators, are used for severe dermatological conditions and offer targeted therapy with potentially higher efficacy. Although they are typically more expensive, their use in cases where topical treatments are insufficient is growing.
Moreover, advancements in cosmetic dermatology and laser treatments offer non-pharmacological alternatives for certain skin conditions. Procedures like laser therapy and photodynamic therapy provide effective results with reduced reliance on topical medications.
The competition from these alternatives challenges the growth of the topical corticosteroids market by providing patients and healthcare providers with a broader range of treatment options. To maintain market share, pharmaceutical companies must continue to innovate and demonstrate the unique value and efficacy of topical corticosteroids compared to these emerging alternatives.
Opportunities:
- Emerging markets growth
- Product innovation advancements
- Online pharmacy expansion
- Increasing skincare trends
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Government healthcare initiatives - Government healthcare initiatives represent a significant opportunity for the global topical corticosteroids market. These initiatives, often aimed at improving public health and increasing access to essential medications, can substantially boost the availability and utilization of topical corticosteroids.
One of the key ways government initiatives create opportunities is through the implementation of healthcare policies that promote wider access to dermatological treatments. This includes subsidizing the cost of essential medications, such as topical corticosteroids, making them more affordable for a broader segment of the population. By reducing the financial burden on patients, governments can increase the adoption of these treatments, particularly in low- and middle-income countries where out-of-pocket healthcare expenses are a major barrier.
Public health campaigns focusing on skin health and the importance of treating dermatological conditions early can also drive demand for topical corticosteroids. These campaigns raise awareness about common skin disorders and the available treatments, encouraging individuals to seek medical advice and adhere to prescribed therapies. Increased awareness and education lead to higher diagnosis rates and subsequently, greater use of topical corticosteroids.
Furthermore, government funding for research and development in dermatology can accelerate the innovation and introduction of new and improved topical corticosteroid formulations. Grants and incentives for pharmaceutical companies to develop more effective and safer products can lead to advancements that benefit the entire market. Additionally, initiatives to improve the healthcare infrastructure, such as the establishment of specialized dermatology clinics and training programs for healthcare providers, enhance the overall delivery and quality of dermatological care.
Collaboration between governments and private sector entities can also foster public-private partnerships that support the distribution and availability of topical corticosteroids. By working together, these stakeholders can ensure that essential dermatological treatments reach underserved areas, addressing disparities in healthcare access and outcomes.
In summary, government healthcare initiatives provide a robust framework for expanding the reach and impact of topical corticosteroids, driving market growth and improving patient outcomes globally.
Topical Corticosteroids Market Competitive Landscape Analysis
Topical Corticosteroids Market is becoming increasingly competitive as pharmaceutical firms implement strategies to enhance treatment efficacy, product safety, and dermatology-focused innovations. Around 45% of leading companies emphasize partnerships and clinical collaboration to expand their therapeutic portfolios. Continuous innovation in formulations and delivery mechanisms drives consistent growth and strengthens competitive positioning across healthcare markets.
Market Structure and Concentration
The market reflects moderate concentration, with nearly 40% of share dominated by established pharmaceutical manufacturers. Smaller firms pursue niche strategies targeting specific skin conditions. Strategic merger activities and licensing agreements expand therapeutic offerings, while collaboration with research institutions fosters product development. This structure sustains growth and supports competitive expansion across dermatology segments.
Brand and Channel Strategies
Approximately 55% of companies strengthen brand presence through awareness-driven strategies and physician-focused marketing campaigns. Extensive partnerships with dermatologists, pharmacies, and healthcare providers expand product accessibility. Targeted collaboration with distribution networks ensures continuous growth and enables sustainable expansion in both prescription and over-the-counter corticosteroid markets.
Innovation Drivers and Technological Advancements
Nearly 60% of industry participants invest in technological advancements such as novel delivery systems, non-invasive applications, and improved formulations. R&D-driven strategies and cross-industry collaboration accelerate drug development. Strong focus on innovation enhances therapeutic outcomes and patient adherence, ensuring long-term growth and reinforcing competitive differentiation in dermatological care.
Regional Momentum and Expansion
Over 50% of competitive expansion is concentrated in North America and Europe, supported by advanced healthcare systems and rising dermatology care. Local manufacturers pursue partnerships with clinics and hospitals, while global players refine strategies for regional compliance. Emphasis on innovation in topical therapies ensures consistent growth and strengthens competitive reach across markets.
Future Outlook
The outlook shows nearly 65% of companies prioritizing sustainable strategies and advanced formulations for long-term competitiveness. Strong collaboration with healthcare providers, research institutes, and biotechnology firms will shape the market. Firms investing in technological advancements and continuous innovation are positioned to achieve enduring growth and define the strategic future outlook of the topical corticosteroids market.
Key players in Topical Corticosteroids Market include:
- GlaxoSmithKline plc
- Novartis AG
- Johnson & Johnson (Janssen Pharmaceuticals)
- Pfizer Inc.
- Merck & Co., Inc.
- Sanofi S.A.
- AbbVie Inc.
- Bayer AG
- Sun Pharmaceutical Industries Ltd.
- Glenmark Pharmaceuticals Ltd.
- Mylan N.V. (Viatris Inc.)
- Cipla Ltd.
- Dr. Reddy’s Laboratories Ltd.
- Perrigo Company plc
- Taro Pharmaceutical Industries Ltd.
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 Type Of Formulation
- Market Snapshot, By Type Of Potency Class
- Market Snapshot, By Route of Administration
- Market Snapshot, By Type Of Treatment
- Market Snapshot, By End User
- Market Snapshot, By Region
- Topical Corticosteroids Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising dermatological conditions
- Increasing geriatric population
- Growing healthcare awareness
- Advancements in formulations
- Expanding product availability
- Restraints
- Side effects concern
- Strict regulatory policies
- High treatment costs
- Limited awareness rural
- Competition from alternatives
- Opportunities
- Emerging markets growth
- Product innovation advancements
- Online pharmacy expansion
- Increasing skincare trends
- Government healthcare initiatives
- 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
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Topical Corticosteroids Market, By Type Of Formulation, 2021 - 2031 (USD Million)
- Ointments
- Creams
- Others
- Topical Corticosteroids Market, By Type Of Potency Class, 2021 - 2031 (USD Million)
- Ultra High
- Clobetasol Propionate
- Diflorasone Diacetate
- High
- Amcinonide
- Betamethasone Dipropionate
- Desoximetasone
- Fluocinonide
- Halcinonide
- Moderate
- Desoximetasone
- Fluocinolone Acetonide
- Fludroxycortide
- Hydrocortisone Valerate
- Triamcinolone Acetonide
- Low
- Betamethasone Valerate
- Desonide
- Fluocinolone Acetonide
- Ultra High
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Topical Corticosteroids Market, By Route of Administration, 2021 - 2031 (USD Million)
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Topical Application
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Transdermal
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- Topical Corticosteroids Market, By Type Of Treatment, 2021 - 2031 (USD Million)
- Contact Dermatitis
- Insect Stings
- Psoriasis
- Eczema
- Others
- Topical Corticosteroids Market, By End User, 2021 - 2031 (USD Million)
- Hospitals & Clinics
- Dermatology Clinics
- Pharmacies
- Others
- Topical Corticosteroids 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
- Topical Corticosteroids Market, By Type Of Formulation, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- GlaxoSmithKline plc
- Novartis AG
- Johnson & Johnson (Janssen Pharmaceuticals)
- Pfizer Inc.
- Merck & Co., Inc.
- Sanofi S.A.
- AbbVie Inc.
- Bayer AG
- Sun Pharmaceutical Industries Ltd.
- Glenmark Pharmaceuticals Ltd.
- Mylan N.V. (Viatris Inc.)
- Cipla Ltd.
- Dr. Reddy’s Laboratories Ltd.
- Perrigo Company plc
- Taro Pharmaceutical Industries Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market

