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Global Sunburn Treatment Market Will Reach at a Highest CAGR by 2026

Attaining complete info about the trends and opportunities in the industry is fairly time consuming process but the market report eases it for businesses. Sunburn Treatment Market research report acts as a valued source of information with which businesses can achieve a telescopic view of the current market trends, consumer’s demands and preferences, market situations, opportunities and market status. The report comprises of a number of market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. To formulate this Sunburn Treatment Market report, detailed market analysis has been performed with the inputs from industry experts.

Global sunburn treatment market is growing at a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017.

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Market Definition: Global Sunburn Treatment Market

Sunburn is a type of irritation and skin burning resulting from the over exposure to sun or ultraviolet light. Regular exposure to sun or ultraviolet light increases the risk of having wrinkles, dark spots and skin cancer. Sign and symptoms include redness, painful or itchy skin.

According to the Cancer Council Queensland, approximately 2.1 million Queensland adults and 394,000 kids get sunburnt every year and one in 12 Queenslanders is diagnosed with skin cancer by the age of 85.

Market Drivers

  • Adverse effects of exposure to ultraviolet (UV) radiation caused by global warming has fueled the market growth
  • Impact of depleting stratospheric ozone has been linked to the prevalence of sunburn and melanoma skin cancer which is driving the market growth
  • All age groups people are quite vulnerable to the harmful exposure of UV radiation which acts as a major factor in driving the growth of this market

Market Restraints

  • Availability of several natural alternative products is restraining the market growth
  • Predominant demand for sunscreen and sun protection products also acts as a factor restricting this market growth
  • Lack of knowledge amongst huge population in developing countries regarding sunburn is acting as a restricting factor for the market growth

Deatailed of ToC @   

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Segmentation: Global Sunburn Treatment Market

By Mechanism of Action

  • NSAIDs
  • Corticosteroid
  • Moisturizer
  • Others

By Drugs

  • Lidocaine
  • Naproxen
  • Hydrocortisone
  • Aloevera
  • Others

By Treatment

  • Medication
  • Topical Therapy
  • Home Remedies

By Route of Administration

  • Oral
  • Topical
  • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

By End-Users

  • Hospitals
  • Homecare
  • Specialty Clinics

Key Developments in the Market

  • In May 2019, The U.S FDA proposed new guidelines on sunscreen to best protect the skin. The announcement of these guidelines was significant because the U.S FDA updated these guidelines after several decades. The motive of these guidelines is to update regarding over the counter  and nonprescription sunscreen products that  do not have the U.S FDA approval but they have the potential to change into most effective methods of sun protection with the latest scientific research
  • In February 2019, the U.S FDA proposed a rule that would update regulatory requirements for most sunscreen products in the country. The proposal ensures the active ingredients, safety, dosage forms, and sun protection factor (SPF) and broad-spectrum requirements in a sunscreen product. The proposed rule is aimed at bringing nonprescription, over-the-counter (OTC) sunscreens products that are marketed without U.S FDA approval to better ensure the safe and effective sun care options for consumers

Competitive Analysis:

Global sunburn treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sunburn treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Report Analysis:

global-substance-abuse-and-addiction-treatment-market

global-superdisintegrants-market

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