The global acne treatment market size was USD 9.10 Billion in 2021 and is expected to register a revenue CAGR of 4.6% over the forecast period, according to the latest analysis by Emergen Research. Increase in launch of novel acne products and rising demand for personal wellness and smooth spotless skin due to high psychological burden associated with acne are some key factors driving acne treatment market revenue growth. In addition, growing consumption of unhealthy food is increasing acne problems, which is further increasing the demand for acne treatment.
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Rising demand for personal wellness and smooth spotless skin due to high psychological burden associated with acne has led to an increasing number of launches of novel acne products. For instance, on 28 October 2019, the United States Food and Drug Administration (USFDA) approved Amzeeq, which is a topical form of antibiotic minocycline. The drug was earlier available as an oral antibiotic, however, now it is available in non-pill form and delivers minocycline in form of foam. Foamix Pharmaceuticals, a manufacturer of the product has leveraged its proprietary Molecule Stabilizing Technology (MST) platform to deliver minocycline effectively in a foam-based vehicle. The production of such innovative and novel products for treatment of acne is expected to substantially propel market revenue growth.
Additionally, growing consumption of unhealthy food is increasing acne problems is another factor that can increase prevalence of acne among people of all ages, which can significantly increase demand for acne treatment products. Consumption of food products with high sugar in products, such as pastries, cakes, and soda cans, significantly worsens acne. According to a research report conducted on 2,258 patients who were placed on a low-glycemic diet, it was noted that 87% of patients reported reduced acne. However, increasing number of fast-food outlets and popularity of street food is expected to contribute to growing prevalence of acne and hence driving growth of the market.
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The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Acne Treatment market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
Key players in the market 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
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On 24 February 2020, Almirall, S.A, announced to send its product Seysara (sarecycline) to the Chinese regulatory body NMPA in 2023 for approval. It is an innovative tetracycline-derived oral antibiotic used for treatment of inflammatory lesions of moderate to severe acne vulgaris. Almirall S.A has commercialization rights for this product in the U.S., and under a License Agreement from Paratek Pharmaceuticals, Inc., it will develop, register, and commercialize the product in China in exchange for royalties.
The antibiotics segment revenue is expected to account for largest revenue share over the forecast period owing to its increasing popularity among people suffering from acne due to its effectiveness. In addition, increasing launch of new antibiotics are more effective due to an increase in antibiotic resistance among patients.
The topical segment accounted for a larger revenue share in 2021 owing to growing popularity of Over-the-Counter (OTC) drugs and rapid development of new topical therapy for treatment of acne. Additionally, an increasing number of new discoveries of topical therapy for acne patients will further contribute to revenue growth of the segment.
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
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The latest report on the global Acne Treatment market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Acne Treatment market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Acne Treatment market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2022-2030.
Regional analysis of the Acne Treatment market includes analysis of the production and consumption ratio, supply and demand dynamics, regional trends and growth drivers, growth prospects, presence of key manufacturers and vendors, and market size and share in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The report further offers key insights into country wise analysis and major factors driving revenue growth of each regional market.
Detailed Regional Analysis Covers:
North America
Canada
U.S.
Mexico
Europe
Germany
Italy
U.K.
Rest of EU
Asia Pacific
India
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
U.A.E
Rest of MEA
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Acne Treatment market?
What are the key product types and applications of the Acne Treatment industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Acne Treatment market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Acne Treatment Market by 2030?
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