Acne Treatment Market Size, Share, Key Players, Growth Trend, and Forecast, 2021–2028According to th
- sareena shaikh
- Oct 14, 2022
- 3 min read
According to the most recent analysis by Emergen Research, the global market for acne treatment was valued at USD 9.10 billion in 2021 and is anticipated to grow at a revenue CAGR of 4.6% during the projected period. One of the main reasons influencing the growth of the acne treatment market is the increase in the introduction of novel acne solutions as well as the rising demand for personal wellbeing and spotless skin due to the high psychological load associated with acne. Additionally, expanding unhealthy food intake is contributing to acne issues, which is driving up demand for acne treatments.
Due to the significant psychological load connected with acne, there is an increased need for personal wellbeing and flawless skin, which has resulted in the introduction of more unique acne products.
The Global Acne Treatment market drivers and restraints market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research.
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Some major companies in the market report include Botanix Pharmaceuticals, Galderma S.A., Ortho Dermatologics (Bausch Health Companies Inc.), GSK plc, Bayer AG, Johnson & Johnson Services, Inc., Pfizer Inc., AbbVie Inc., Teva Pharmaceutical Industries Ltd., and Almirall, S.A
Some of the Report's Important Highlights
Almirall, S.A. announced on February 24th, 2020, that it would submit its product Seysara (sarecycline) to the Chinese regulatory agency NMPA for approval in 2023. It is a cutting-edge oral antibiotic developed from tetracycline used to treat inflammatory lesions of moderate to severe acne vulgaris. Almirall S.A. has the U.S. commercialization rights for this pharmaceutical, and in return for royalties, it has a licence agreement with Paratek Pharmaceuticals, Inc. that allows it to develop, register, and market the product in China.
Due to its growing popularity among acne sufferers due to its effectiveness, the antibiotics category is anticipated to generate the highest revenue share throughout the projection period.
Due to the rising popularity of over-the-counter (OTC) medications and the quick development of novel topical therapies for the treatment of acne, the topical category accounted for a greater revenue share in 2021. Additionally, the segment's revenue will continue to expand as more and more topical treatments for acne patients are discovered.
Over the course of the projection period, the skincare clinics segment is anticipated to rise quickly. Over the course of the forecast period, the market's revenue growth is anticipated to be supported by the high psychological burden associated with acne and growing demand for hormonal therapy for acne treatment.
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/acne-treatment-market
Emergen Research has segmented the global acne treatment market based on product, administration, end user, and region:
Product Outlook (Revenue, USD Billion, 2019–2030)
Retinoids
Antibiotics
Isotretinoin
Others
Administration Outlook (Revenue, USD Billion, 2019–2030)
Oral
Topical
Injectable
End User Outlook (Revenue, USD Billion, 2019–2030)
Hospitals
Skincare Clinics
Regional Outlook (Revenue, USD Billion, 2019–2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of Middle East & Africa
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