August 20, 2020

Smart Dishwasher Market Size, Share, Industry Report, Analysis and Forecast to 2027

The Global Smart Dishwasher Market appraised at USD 2.4 billion in 2019 and is expected to reach USD 4.50 billion by 2026, at a CAGR of 9.40% during the forecast period. The need for improving lifestyles & routines and increasing disposable incomes are the driving forces behind the Global Smart Dishwasher Market. The rising living standards and disposable incomes push the demand for home modernization, makeover and development projects, particularly in the developed regions. Kitchen has become a focal point of renovation in a household due to accessibility to smart technology.

Psoriasis is a prolonged, sore, and non-communicable skin disease. It is most common in the geriatric population with age group 50 - 69. As per the National Psoriasis Foundation Report 2018, around 125 million people have psoriasis worldwide. The prevalence of psoriasis has amplified the demand for topical dispensers in the industry. Skin disease is a significant healthcare problem accounting for 1.79% of the global burden of diseases in DALYs of 306 diseases and injuries.

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Psoriasis is a long-lasting, sore, and non-communicable disease. It is most common in the geriatric population with age group 50 - 69. As per the National Psoriasis Foundation Report 2018, around 125 million people are under the distress of psoriasis worldwide. It has amplified the demand for topical dispensers in the industry. Skin diseases are the significant problems accounting for 1.79% of the global burden of diseases in DALYs of 306 diseases and injuries. As per the WHO, approximately 900 million people worldwide were suffering from skin ailments in 2018. This scenario is eventually growing the request for the topical dispenser, thereby fueling the market's development.North America dominated the market in 2019 and is expected to observe the highest CAGR during the prediction period.

The prevalence of skin diseases, rising approvals and launches of innovative topical formulations in the region, and growing funding for topical drugs' development are some of the key elements driving this regional segment's growth. Emerging pharmaceutical industry in countries like China and India is expected to propel the topical applicators market during the forecast period. Europe is more evolved as topical applicators market compared to other regions such as Asia and MEA.

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