The global dermatology market was valued at 16 billion euros in 2015, and is projected to reach 27.5 billion euros by 2022. Dermatological conditions are one of the most common types of disorders worldwide. In the US alone, about one-third of the population suffers from at least one active skin condition. Atopic dermatitis, acne vulgaris, eczema, psoriasis and skin lesions (which can develop into Melanoma) have the highest prevalence and are continuing to rise due to irregular lifestyle and food habits.
Empowered healthcare consumers who are concerned about their image are driving the growth for cosmetic procedures and products, with “cosmeceutical” products (products with biologic ingredients offering medical or pharmaceutical benefits) becoming quite popular.
The use of Artemisia annua essential oil in creams is recommended for dermatological indications such as acne vulgaris, eczema, psoriasis, herpes simplex, skin infection, warts and dermatitis seborrheica. Moreover, its essential oil pacifies itching and heal bruises. Its antibacterial, antiviral, antiparasitic and antifungal properties could be further exploited in the near future.