Cheilitis market is expected to gain market growth in the forecast period of 2021-2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 5% in the above mentioned forecast period. Cheilitis is the inflammation of lips and also known as chapped lips. It includes the junction of lips and skin called vermilion border and the labial mucosa. This condition is characterised by the dryness, cracking, fissuring, swelling, bleeding, peeling and pain of the lips. Cheilitis can be caused due to the bacterial infection, drug reaction, fungal infection, chronic lip licking or biting, candida infection, wind exposure and various medications.
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Rise in the prevalence of cheilitis, growing healthcare expenditure, development of treatment options, rising incidences of bacterial or fungal infections, high consumption of smoking tobacco, surge in the number of people with nutritional deficiencies, growing government funding, poor oral hygiene and unhealthy lifestyle are the factors that will expand the cheilitis market. However, high cost of treatment and side effects associated with the medication are the factors that will hinder the market growth and will further challenge the cheilitis market in the forecast period mentioned above.
North America dominates the cheilitis market due to the presence of major key players, growing investment for RD activities, high disposable income, high healthcare expenditure and well-developed healthcare sector in this region. Asia-Pacific is expected to grow during the forecast period of 2021-2028 due to the increasing research and development activities, rising investment in the healthcare sector and growing government support.
The major players covered in the cheilitis market report are Novartis AG, Sanofi, Baxter, Pfizer Inc., Sumitomo Corporation, Johnson Johnson Private Limited, AstraZeneca, Cipla Inc., Abbott, Bayer AG, Merck KGaA, Sun Pharmaceutical Industries Ltd., GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd., Allergan, Merck Sharp Dohme Corp., Mylan N.V., Teva Pharmaceutical Industries Ltd., LEO Pharma A/S, Lilly, Aurobindo Pharma, Lupin, SHIONOGI Co., Ltd., AbbVie Inc., and Tetraphase Pharmaceuticals, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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