The global acne medication market was valued at $11,865.9 million in 2019, and is projected to reach $13,357.57 million by 2027 at a CAGR of 3.80% from 2020 to 2027. Growth of the global acne medication market is driven by rise in prevalence of acne diseases, which is the major factor that contributes toward growth of the acne medication market. Moreover, other factors that fuel the market growth include unhealthy urban lifestyle and presence of robust acne medications in pipeline. However, side-effects associated with the use of acne medications and presence of alternative treatment impede the market growth.
Conversely, development of effective medications with lesser side effects and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the market growth. Acne is a common skin disorder that is mainly caused by excessive production of sebum. In this disorder, there is an outbreak of lesions, which are known as pimples. Acne usually begins at puberty and the condition may worsen during adolescence.
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It can be treated by acne medications depending upon severity. Acne treatment includes reduction of sebum production, removal of dead skin cells, and killing of bacteria with the help of oral medications and drugs. Acne medications are either applied directly, which are present in formulations or taken in the form of oral pills. These medications work by reducing inflammation and oil production. They also fight with bacteria finally preventing scarring. Common acne medications include retinoids, antibiotics, isotretinoin, and benzoyl peroxide.
The global acne medication market is segmented into therapeutic class, formulation, type, acne type, distribution channel, and region. By therapeutic class, the market is divided into retinoids, antibiotics, salicylic acid, benzoyl peroxide, and others. The retinoids segment is further classified into topical retinoid & combination retinoid and oral retinoid (isotretinoin). Moreover, the antibiotics segment is further sub-segmented into topical antibiotics & combination antibiotics and oral antibiotics. On the basis of formulation, the market is bifurcated into topical medication and oral medication. By type, it is divided into prescription medicine and over-the-counter (OTC) medicine. By acne type, it is fragmented into non-inflammatory and inflammatory acne. By distribution channel, it is classified into retail store, pharmacy & drug store, and e-commerce. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
? This report entails a detailed quantitative analysis of the current market trends from 2019 to 2027 to identify prevailing opportunities along with strategic assessment of the global acne medication market.
? Market size and estimations are based on a comprehensive analysis of end users, developments, and services in the industry.
? An in-depth analysis based on region assists to understand the regional market and facilitates strategic business planning.
? Developmental strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
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KEY MARKET PLAYERS
– Almirall SA.
– Bausch Health Companies Inc.
– GlaxoSmithKline Plc (GSK)
– Johnson & Johnson
– Galderma S.A
– Mayne Pharma Group Limited
– Mylan N.V.
– Pfizer Inc.
– Sun Pharmaceutical Industries Limited
– Teva Pharmaceutical Industries Ltd.
KEY MARKET SEGMENTS
? By Therapeutic Class
– Retinoid
o Topical Retinoid & Combination Retinoid
o Oral Retinoid (Isotretinoin)
– Antibiotic
o Topical Antibiotic & Combination Antibiotics
o Oral Antibiotics
– Salicylic Acid
– Benzoyl Peroxide
– Others
By Formulation
– Topical Medication
– Oral Medication
By Type
– Prescription Medicine
– Over-the-counter (OTC) Medicine
By Acne Type
– Inflammatory Acne
– Non-inflammatory Acne
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By Distribution Channel
– Retail Store
– Pharmacy & Drug Store
– E-Commerce
By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
– Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o Rest of Asia-Pacific
– LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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