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Global Acne Drugs Market Overview and Forecast Report 2020-2030 : Covid 19 Impact And Recovery | TBRC Reports
Acne Drugs Market
The global acne drugs market is expected to decline from $4.6 billion in 2019 to $3.9 billion in 2020 at a compound annual growth rate (CAGR) of -15%. The decline is mainly because of drop in sales due to the lockdown measures to contain COVID-19 spread. Apart from restricting non-emergency medical services, new rules of the governments across the globe has forced many companies in the dermatology drug market to halt their business operations which has impacted the market growth. The market is then expected to recover and grow at a CAGR of 4.3% from 2021 and reach $5.7 billion in 2023.
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The acne drugs market consists of sales of prescription acne drugs (Salicylic acid, Retin-A Micro, Onexton, and Solodyn) and related OTC non-prescription products (cleansers, lotions, gels, toners, masks and pads containing acne-fighting ingredients) which are used to treat skin diseases such as acne vulgaris and acne rosacea.
The presence of alternatives for acne treatment is one of the restraint on the acne drugs market. Due to availability of multiple alternatives, patients tends to choose one amongst many options on the basis of price, side effects, duration and many more. This increases the competition and hence, the competition cuts down a significant portion of business for the acne drugs market.
Acne Drugs Market Segmentation:
By Type
1.Inflammatory Acne
2.Non-Inflammatory Acne
By End User
1.Hospitals & Clinics
2.Pharmacies & Drug Stores
3.Ambulatory Surgical Centres
By Therapeutic Class
1.Retinoids
2.Antibiotics
3.Salicylic Acid
4.Benzoyl Peroxide
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Few Points From Table Of Content
1. Executive Summary
2. Acne Drugs Market Characteristics
3. Acne Drugs Market Size And Growth
4. Acne Drugs Market Segmentation
5. Acne Drugs Market Regional And Country Analysis
....
26. Key Mergers And Acquisitions In The Acne Drugs Market
27. Acne Drugs Market Trends And Strategies
28. Product Pipeline Analysis
29. Acne Drugs Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the acne drugs market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the acne drugs market are ALLERGAN, Galderma S.A, Valeant Pharmaceutical International Inc, Teva Pharmaceutical Industries Ltd, Johnson & Johnson Services, Inc
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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