Acne Medication Market with Growing Opportunities During the Forecast Period By Top Leading Companies and Manufacturers

Acne Medication Market was valued at $8,017 million in 2017, and is projected to reach $10,929 million by 2025, registering a CAGR of 3.9% from 2018 to 2025. According to a new report published by Allied Market Research.

Acne is a long-term skin disease that appears because of clogged hair follicles, dead skin cells, and oil excreted from skin. It is characterized by the presence of considerable number of pimples, whiteheads, blackheads, oily skin, and probable scarring. It generally affects the skin with comparatively high number of sweat glands at upper part of chest, back, and face. Acne medications are drugs that are indicated for the treatment of acne. These include several prescription and over-the-counter medicines such as retinoids, isotretinoin, antibiotic

The factors that drive the growth of the acne medication market include increase in prevalence of acne vulgaris across the world, unhealthy urban lifestyle, surge in pollution, and rise in focus on skin care products. However, side effects associated with acne medications and reforms, and presence of alternative treatment options such as laser therapies, impede the market growth. Conversely, the development of newer products with lesser side effects and presence of untapped market in the emerging economies are expected to provide lucrative growth opportunities for the market.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/4356

The key players of this market include
• Allergan Plc.
• Nestle S.A. (Galderma S.A.)
• Johnson & Johnson
• Mayne Pharma Group Limited
• Mylan N.V.
• Pfizer Inc.
• GlaxoSmithKline Plc (Stiefel Laboratories, Inc.)
• Sun Pharmaceutical Industries Limited
• Teva Pharmaceutical Industries Ltd.
• Valeant Pharmaceuticals International, Inc.

Other players (these players are not profiled in the report and the same can be included on request) in the value chain include Daiichi Sankyo Company, Ltd., Ranbaxy Laboratories Limited, Medicis Pharmaceutical Corporation, Foamix Pharmaceuticals, Prestium Pharma, Inc. and BioPharmX, Inc.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/4356

The retinoids segment accounted for the largest share in 2017, owing to high usage in treatment of acne and lesser side effects as compared to other therapeutics. However, the salicylic acid segment is expected to grow at the high CAGR from 2018 to 2025.

The inflammatory acne segment is the largest acne type segment in the global acne medication market in 2017 and is expected to maintain its lead in the forecast period. On the other hand, non-inflammatory acne segment is anticipated to record the highest CAGR from 2018-2025.
By type, the prescription medicine segment dominated the global acne treatment market in terms of revenue in 2017 and the trend is projected to continue throughout the forecast period.

The utilization rate of topical medications for acne treatment is high owing to high availability of these products with high success rate and lesser side effects. However, the oral medication segment is expected to grow at a CAGR of 3.6% during the forecast period.

North America was the leading revenue contributor to the global acne medication market in 2017, and is expected to dominate the market during the forecast period. This is attributed to the early approval of acne medication products and high adoption of prescription medicines in this region. However, Asia-Pacific is expected to grow at the highest CAGR of 5.6% during the study period, due to increase in affordability, surge in healthcare expenditure, and rise in awareness toward safe acne medications products.

Key Findings of the Acne Medication Market:

• The antibiotics segment accounted for nearly one-fourth share of the global acne medication market in 2017.
• The over-the-counter medicine segment is expected to grow at a CAGR of 2.9% from 2018 to 2025.
• The non-inflammatory acne segment accounted for around two-fifths share of the global market in 2017.
• Europe accounted for around one-fourth share of the global market in 2017.
• LAMEA is expected to provide lucrative market growth opportunities and grows with the CAGR of 4.5% from 2018 to 2025.

For More Information @ https://www.alliedmarketresearch.com/purchase-enquiry/4356

Table of Content

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.3.1. By Therapeutic Class
1.3.2. By Formulation
1.3.3. By Type
1.3.4. By Acne Type
1.3.5. By Distribution Channel
1.3.6. By Region
1.3.7. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Top player positioning, 2017
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Increase in prevalence of acne diseases
3.4.1.2. Unhealthy urban lifestyle
3.4.1.3. Rise in focus on skin care products

3.4.2. Restraints

3.4.2.1. Side effects associated with acne medications
3.4.2.2. Presence of alternatives for acne treatment

3.4.3. Opportunities

3.4.3.1. Opportunities in emerging economies
3.4.3.2. Development of therapeutics with lesser side effects

3.4.4. Impact analyses

3.5. Clinical trials
3.6. Patent analysis (2013-2018)

3.6.1. Patent analysis, by year
3.6.2. Patent analysis for China, by year

Access Full Summery @ https://www.alliedmarketresearch.com/acne-medication-market

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.