Mometasone Furoate Market Size

Mometasone Furoate Market size is poised to reach USD 3 billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of mometasone furoate was valued at USD 1 Billion. The market is booming as a result of the rising uncontrolled asthmatic conditions, which affect both children and adults. According to a report by CDC, about 44% of children, and 60% of adults have uncontrolled asthma.

Additionally, there is a rising awareness and focus on skincare and overall well-being as people become more conscious of taking care of their skin and seeking professional advice when needed. This has surpassed the demand for dermatological treatments like mometasone. Also, the expansion of the aging population worldwide is contributing to the growth of the sector.