Acne Treatment Market Analysis, Growth Rate, Business Opportunities and Competitive Landscape
Research Reports
Sep 28, 2023
Acne Treatment Market Research Report Information by Acne Type (Moderate, Mild, Moderate to Severe), Treatment (Medication, Therapeutic Devices), Drug Type (OTC, Prescription), Route of Administration (Topical, Oral, Injectable), End User (Hospitals & Clinics, Specialty Centers) and Region (Americas, Europe, Asia-Pacific, and Rest of the World) – Forecast till 2032
The acne treatment market refers to the global industry dedicated to products and services designed to treat and manage acne, a common skin condition that affects people of all ages. Acne is characterized by the formation of pimples, blackheads, whiteheads, cysts, and other skin blemishes, primarily on the face, chest, back, and shoulders. It is often caused by factors such as excess oil production, clogged hair follicles, bacteria, hormonal changes, and inflammation.
The acne treatment market is projected to grow from USD 9.6 billion in 2022 to USD 14.44 billion by 2032, exhibiting a CAGR of 4.6% during the forecast period (2023 – 2032).
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Market Segmentation
On the basis of acne type, has been segmented into moderate acne, mild acne, moderate to severe acne.
Based on treatment, the acne treatment market is segmented into medication and therapeutic devices.
The acne treatment market, based on drug type, has been segmented into OTC and prescription.
The acne treatment market, based on end user, is segmented into hospitals & clinics and specialty centers.
Competitive Analysis
Key market players are GlaxoSmithKline plc., Almirall, S.A., Galderma Laboratories, Hoffman La Roche Ltd, Bausch Health Companies Inc, Leo Pharma A/S, Johnson & Johnson Services Inc, Teva Pharmaceutical Industries Ltd, Candela Corporation, Vyne Therapeutics Inc.
Market Dynamics
The importance of maintaining a healthy diet in conjunction with other acne treatments has been a driving force in the expansion of the acne treatment industry. In addition, the market for acne treatments has received massive expenditures due to the increasing need for better pharmaceuticals.
Rising rates of acne vulgaris in both adolescents and adults, rising rates of inactivity and poor dietary choices, and rising interest in non-surgical cosmetic procedures have all contributed to the market’s expansion.
One of the alleged causes is a hormonal imbalance. When oil glands under the skin enlarge in response to an increase in androgen (estrogen in women), acne can develop. In addition, this causes overproduction of sebum, which weakens the pore-wall cells and invites bacterial invasion. In addition, other studies have shown that a number of factors—including genetics, stress, menstruation, temperature, and oily cosmetics—increase the likelihood of getting acne.
Minimally invasive cosmetic treatment treatments are becoming in popularity across the world. Dermatologists typically choose for non-invasive, non-surgical approaches, such as topical medications or laser treatments, when treating skin conditions. Treatments for issues with the face and skin are becoming increasingly popular as a result of factors such as improved decision-making, improved patient-doctor connections, and better documented processes. As a result, several non-invasive aesthetic combination treatment techniques have gained popularity.
Regional Analysis
The Americas dominated the market for acne treatments in 2019 and are expected to maintain their dominance during the forecasted time frame. Acne and other skin issues are very common in this area, and new products and technological developments have contributed to this problem.
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Due to company organic growth plans and a robust medical sector, Europe ranked as the world’s second-largest acne treatment market in 2019. The expansion of the acne treatment market in the area is being driven by the efforts of key players to develop and release innovative products.
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Over the projection period (2020–2027), Asia-Pacific is expected to have the greatest growth rate. The widespread prevalence of acne, stepped-up government effort, and plenty of pharmaceutical firms all play a role. The regional market is expanding thanks in part to the government’s efforts to improve healthcare delivery.
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