Mometasone Furoate Market Analysis

  • Report ID: 5507
  • Published Date: May 07, 2024
  • Report Format: PDF, PPT

Mometasone Furoate Market Analysis

 Route of administration (Topical, Nasal, Oral)

In mometasone furoate market, topical segment is poised to account for around 42% share by 2036. The reason behind this lucrative growth is impelled by the surge in the growth of skin conditions like eczema, psoriasis, and dermatitis worldwide. According to a report, about 223 million people worldwide, including 43 million children and young adults, suffered from atopic dermatitis in 2022. Mometasone, in the form of creams, ointments, and lotions, has shown great efficacy in managing these conditions, which leads to its popularity among healthcare professionals and patients.

In addition, advancements in formulation technology have improved the delivery and absorption of mometasone through the skin, enhancing its efficacy. Therefore, these innovations have led to the expansion of the topical segment.

Indication (Allergic Rhinitis, Inflammatory Skin Disorders, Asthma)

The allergic rhinitis segment in mometasone furoate market is set to garner a notable share. It is likely to remain the second largest segment, led by the substantial growth in quicker and higher-quality diagnostic techniques. In addition, the enormous financial burden on society due to disability and early death raises costs for prescription drugs, direct health care, and indirect costs associated with lost productivity.

Treatment for allergic asthma is often required in conjunction with perennial allergic rhinitis. The market size expansion for treatments for allergic rhinitis is also being impacted by this illness worldwide. Moreover, mometasone nasal spray is frequently recommended to help reduce allergic rhinitis symptoms. The expansion of this market size can be attributed to mometasone's efficacy in treating allergic rhinitis.

Our in-depth analysis of the global market includes the following segments: 

            Route of administration

  • Topical
  • Nasal
  • Oral

            Indication

  • Allergic Rhinitis
  • Inflammatory Skin Disorders
  • Asthma

            Dosage form

  • Nasal Spray
  • Cream
  • Ointment
  • Inhalers

            Distribution channel

  • Hospital
  • Retail
  • Online
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Author Credits:  Rajrani Baghel


  • Report ID: 5507
  • Published Date: May 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the mometasone furoate market was over USD 1 billion.

The market size for the mometasone furoate market is projected to cross USD 3 billion by the end of 2036 expanding at a CAGR of 7% during the forecast period i.e., between 2024 and 2036.

The major players in the market are Bausch Health Companies Inc., Glenmark Pharmaceuticals Limited, Vetoquinol USA, AstraZeneca plc, Intersect ENT, Hikma Pharmaceuticals, Medlab Pharmaceuticals Private Limited, AdvaCare Pharma, Dermocare Laboratories, Taro Pharmaceutical Industries Ltd., Kyorin Remedio Co., Ltd, Teikoku Seiyaku Co., Ltd., Mitsubishi Tanabe Pharma Corporation, Takeda Pharmaceuticals., and others.

In terms of route of administration, the topical segment is anticipated to account for the largest market share of 42% during 2024-2036.

The North American mometasone furoate market is poised to hold the highest share of 47% by 2036.
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