Acne Treatment Market Size Expected to Grow 4.6% CAGR by 2027 | Future Market Research (MRFR)

“Acne Treatment Market”

Acne Treatment Market: Insights by Acne Type (Moderate, Mild, Moderate-Severe), Treatment (Drugs, Therapeutic Devices), Drug Type (OTC, Prescription), Route of Administration (Topical, Oral, injection), end user (hospitals and clinics, specialized centers) and region (Americas, Europe, Asia-Pacific and rest of the world) – Forecasts until 2027

Overview of the acne treatment market

Globally, the acne treatment market is expected to grow at a CAGR of 4.6% during the forecast period 2020 to 2027. Acne treatment involves the adoption of different drugs as well as ointments that help lighten the skin tone of affected areas. A well-balanced diet is considered an important factor and has played an important role in the expansion of the market. The increase in improving drugs for treatment along with bulky investment techniques has helped in the expansion of the market. Some of the other factors such as increasing prevalence of acne vulgaris especially age, growth of sedentary lifestyle and consumption of unhealthy foods, and high growth in demand for treatment procedures minimally invasive cosmetics have boosted the market size. Some of the safety issues with products applied for the treatment of acne have posed barriers to increasing the market size.

The outbreak of the pandemic had a huge impact on the growth of the market. The explosion has helped various companies to assess multiple companies rather than the traditional company. The transformation needs have highlighted the importance of rapid movement for research and other manufacturing activities, which is the most important.

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Abnormal hormone production is another cause for market improvement. The increase in androgen levels stimulated the enlargement of the sebaceous glands, thus contributing to the production of oil. It is an important factor that promoted the production of sebum, thus breaking down the cell walls in the pores, thus leading to bacterial invasion. Some of the factors such as genetic causes, menstruation, stress, and use of oily cosmetics have enhanced the market size.

Segmentation of the acne treatment market

The acne market is categorized based on type, acne, treatment, end-user, drug type, and route of administration.

Segmentation of the acne treatment market

The acne market is categorized based on type, acne, treatment, end-user, drug type, and route of administration.

type of acne

Moderate acne

mild acne

type of treatment

Medication

Therapeutic devices

Type of drug

OTC

Arrangement

Route of administration

Topical

Oral

Injectable

Final user

Hospitals and clinics

Some specialized centers

Acne Treatment Market Regional Analysis

The Americas region proved to be the most dominant region in 2019. This was due to the high prevalence of acne and certain skin disorders, new product launches, and technological advancements. According to the dermatology association, teenagers have been affected by acne. The Europe region holds the second largest market thanks to the adoption of organic growth strategies and a well-developed medical industry. Competitors are focusing on developing new products, thus launching them fueling the market size. Their organic strategies have helped companies to strengthen their position in European countries. The Asia-Pacific region had leaned towards the government initiatives thus taken to stimulate the development of the market. The increase in the disposable income of middle class families has accounted for the increase in population in the Asian region, thus driving the growth of the market.

Acne Treatment Market Competitive Dynamics

The major market players are GlaxoSmithKline plc (UK), Almirall, SA (Spain), Galderma Laboratories LP (USA), F. Hoffman La Roche Ltd. (Switzerland), Bausch Health Companies Inc. (Canada), Leo Pharma A /S (Denmark), Johnson & Johnson Services Inc. (USA), Teva Pharmaceutical Industries Ltd. (Israel), Candela Corporation (USA) and Vyne Therapeutics Inc. (USA).

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Industry News

CassiopeaSpA in August 2020 had passed US FDA approval for the treatment of acne disorders. This pharmaceutical company has undergone certain treatment methods. A Swiss company, Galderma, which mainly deals in dermal treatment methods and skin care products, has launched the retinoid tazarotene at about 0.005%. The US FDA has also approved AKLIEF for the treatment of acne vulgaris.

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