Acne treatment market Insights :
Acne treatment market is projected to be worth USD 13.00 Billion by 2030, registering a CAGR of 4.6% CAGR during the forecast period (2022-2030), the market was valued at USD 8.67 Billion in 2021. In 2021, the antibiotics market category had a sizable market share. This is a result of antibiotics’ rising popularity as an acne treatment and their excellent exudate control capabilities. Throughout the projected period, the topical segment is anticipated to rule the market. In 2021, the North American market dominated the growth of the market and had a value of USD 4.47 billion.
Acne Treatment Market Dynamics:
Treatments seek to eradicate germs and eliminate the surplus oils that cause acne. Lifestyle changes, topical medications, oral medications, and surgical procedures are among the various acne treatments. The best course of treatment for you will depend on your specific situation. Due to the condition’s expanding prevalence worldwide, there is a growing need for efficient medications to treat it. As a result, major corporations are concentrating on developing unique medications to fulfill the market’s demand.
Driver:
The global population is becoming more aware of acne products and accessible treatment choices as a result of the launch of numerous treatment goods like retinoids, isotretinoin, and antibiotics in oral and topical forms. Thus, it is anticipated that raising patient knowledge is expected to spur acne treatment market expansion.
Restraint:
Despite the greater frequency of chronic acne worldwide, a few issues are preventing the market for acne treatments from growing. One of them is a side effect of medications used to treat acne. The National Center for Biotechnology Information (NCBI) reports that the most typical side effects of antibiotics are nausea, vomiting, or diarrhea, which affect 7% of people taking tetracycline on average and 4% of those taking macrolides. Hence, above-mentioned factors are expected to hamper the growth of the acne treatment market.
COVID-19 Analysis of Acne Treatment Market:
The acne treatment market has been severely impacted since the COVID-19 epidemic in many different parts of the world. Shipments were impacted during the initial lockdown due to a labor shortage and the closure of a manufacturing facility. The pandemic’s initial effects on China were tremendous. However, the nation’s circumstances have stabilized, and all product and service production rates have increased. As a result, it is determined that COVID-19’s overall impact on the acne treatment market is moderate.
Acne Treatment Market Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2016-2030 |
| Market Size in 2030 (USD Billion) | 13.00 Billion |
| CAGR (2022-2030) | 4.6% |
| By Product | · Retinoids
· Antibiotics · Isotretinoin · Others |
| By Route of Administration | · Oral
· Tropical |
| By Age Group | · 10-17
· 18-14 · 46-64 · 65 Above |
| By geography | North America– (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe) Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific) Latin America- (Brazil, Argentina, Chile, Rest of Latin America) The Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA) |
| Key Players | 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. |
Acne Treatment Market Segment Analysis:
By Product
Based on product, the acne treatment market is segmented into retinoids, antibiotics, isotretinoin, and other categories. In 2021, the antibiotics market category had a sizable market share. This is a result of antibiotics’ rising popularity as an acne treatment and their excellent exudate control capabilities. Antibiotics, therefore, controlled the entire market and are regarded as the most valuable shareowner. Further, antibiotics, isotretinoin, and other categories of the segment are expected to strengthen the growth of the acne treatment market.
By Route of Administration
The route of administration segment is divided into topical and oral. Throughout the projected period, the topical segment is anticipated to rule the market. The rise in businesses producing topical acne treatments is responsible for the expansion of the global market. This is explained by the fact that the condition’s patient group is particularly captivated by topical treatments since they are convenient and pleasant.
By Age Group
According to age group, the market is divided into four segments: 10 to 17, 18 to 44, 45 to 64, and 65 and over. During the forecast period, the market’s leading share is anticipated to belong to the 18 to 44 segment. A rise in the patient population in this particular age range is contributing to the domination. Further, the 10 to 17 age group is anticipated to experience significant growth throughout the projection period. Due to the rising prevalence of acne vulgaris in the aforementioned teenage demographic.
By Region
The regional segment includes regions such as Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. In 2021, the North American market had a value of USD 4.47 billion. Acne is becoming more common in the area, and people’s anxieties about their appearance are growing, which contributes to the region’s domination. As a result, top companies are presenting new medications to the North American market. For instance, Sun Pharma introduced Winlevi, a cream for the management of acne, in the United States in November 2021. The region’s superiority in the world was also influenced by other elements such as the sharp increase in the patient population, growing public knowledge of cutting-edge therapies, and the presence of large brands.
Acne Treatment Market Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), product innovation, various business strategies, and Product launches have accelerated the growth of the acne treatment market. Key players in the market include-
- 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.
Table of Content
- Introduction
- Market Introduction
- Market Research Methodology
- Research Process
- Primary Research
- Secondary Research
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Limitations of the Study
- Product Picture of Acne Treatment
- Global Acne Treatment Market: Classification
- Geographic Scope
- Years Considered for the Study
- Research Methodology in brief
- Parent Market Overview
- Overall Acne Treatment Market Regional Demand
- Research Programs/Design
- Market Breakdown and Data Triangulation Approach
- Data Source
- Secondary Sources
- Primary Sources
- Primary Interviews
- Average primary breakdown ratio
- Market Dynamics
- Drivers
- Drivers
- Restraints
- Restraints
- Opportunity
- Impact forces on market dynamics
- Impact forces during the forecast years
- Industry Value Chain
- Upstream analysis
- Downstream analysis
- Therapeutic
- Direct Channel
- Indirect Channel
- Potential Customers
- Manufacturing/Operational Cost Analysis
- Pricing Analysis by Region
- Key Product Landscape
- Regulatory Analysis
- Porter’s Analysis
- Supplier Power
- Buyer Power
- Substitution Threat
- Threat from New Entry
- Competitive Rivalry
- PESTEL Analysis
- Political Factors
- Economic Factor
- Social Factors
- Technological Factor
- Environmental Factors
- Legal Factor
- Covid-19 impact on Global Economy
- Covid-19 impact on Acne Treatment Market demand
- Post-Covid Impact on Acne Treatment Market Demand
- Impact Analysis of Russia-Ukraine Conflict
- Drivers
- Global Acne Treatment Market Segmentation, Revenue (USD Billion), (2022-2030)
- By Product
- Retinoids
- Antibiotics
- Isotretinoin
- Others
- By Route of Administration
- Oral
- Tropical
- By Age Group
- 10-17
- 18-14
- 46-64
- 65 Above
- By Product
- Global Acne Treatment Market Overview, By Region
- North America Acne Treatment Market Revenue (USD Billion), by Countries, (2022-2030)
- US
- By Product
- By Route of Administration
- Age Group
- Canada
- Mexico
- US
- Europe Acne Treatment Market Revenue (USD Billion), by Countries, (2022-2030)
- France
- UK
- Spain
- Russia
- Italy
- BENELUX
- Asia Pacific Acne Treatment Market Revenue (USD Billion), by Countries, (2022-2030)
- China
- Japan
- Australia
- South Korea
- India
- ASEAN
- North America Acne Treatment Market Revenue (USD Billion), by Countries, (2022-2030)
- Latin America Acne Treatment Market Revenue (USD Billion), by Countries, (2022-2030)
- Brazil
- Argentina
- Chile
- Middle East and Africa Acne Treatment Market Revenue (USD Billion), by Countries, (2022-2030)
- GCC
- Turkey
- South Africa
- Global Acne Treatment Market Revenue: Competitive Analysis, 2021
- Key strategies by players
- Revenue (USD Billion and %), By manufacturers, 2021
- Player Positioning by Market Players, 2021
- Competitive Analysis
- Qiagen
- Business Overview
- Business Financials (USD Billion)
- Product Category, Source, and Specification
- Main Business/Business Overview
- Geographical Analysis
- Recent Development
- Swot Analysis
- Quest Diagnostics, Inc.
- OPKO Health, Inc.
- Abbott
- Charles River Laboratories International, Inc.
- Cinven
- Arup Laboratories
- Sonic Healthcare
- Laboratory Corporation of America Holdings (LabCorp)
- NeoGenomics Laboratories, Inc.
- Fresenius Medical Care
- DaVita, Inc.
- Siemens Healthcare GmbH
- Viapath Group LLP
- SGS SA
- Almac Group
- Qiagen
- Market Research Findings & Conclusion
Disclaimer
Research Methodology
The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.