Press release
Acne Treatment Market 2021 Brief Analysis by Trends, Growth and Future Estimations Till 2028| Vyne Therapeutics (Foamix Pharmaceuticals Ltd.), Bausch Health Companies Inc. (Formerly Valeant Pharmaceuticals International, Inc.), Nestle (Galderma S.A.).
The global Acne Treatment market size is projected to reach US$ 7598.7 million by 2028, from US$ 6000 million in 2021, at a CAGR of 3.4% during 2021-2028.Acne is considered to be among the topmost prevalent diseases in the world. The inflammatory acne segment is the largest acne type segment in the global acne treatment market. The average age of onset of acne has reduced from 14-15 years to 11-12 years due to changing demographics and social habits. Moreover, some of the misleading media content continue to encourage the habit of self-medication that often backfires, resulting in further complication.
The “Acne Treatment Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.
The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Acne Treatment market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.
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Some of the key players operating in the Acne Treatment market are Vyne Therapeutics (Foamix Pharmaceuticals Ltd.), Bausch Health Companies Inc. (Formerly Valeant Pharmaceuticals International, Inc.), Nestle (Galderma S.A.), Abbvie (Allergan).
Oramed Pharmaceuticals Inc. (NASDAQ/TASE: ORMP), a clinical-stage pharmaceutical company focused on the development of oral drug delivery systems, is working to bring the first Acne Treatment product to market, providing a more convenient, effective and safer method for delivering insulin therapy. Oramed’s Acne Treatment is currently in a pivotal clinical study going through FDA regulatory channels and is considered a game-changer for the more than 100 million American adults living with diabetes or prediabetes.
Market Overview
Demand for minimally invasive cosmetic treatment procedures is increasing significantly. Dermatologists prefer to treat skin diseases through the use of topical applications or less invasive procedures rather than surgical methods. More informed decision making, better patient-physician relationships and well documented procedures are leading to increasing demand for treatments pertaining to face and skin related problems. This has been driving adoption of various less painful aesthetic combination therapy procedures. Further, increasing demand for faster treatments and quicker results are factors expected to drive demand for equipment-based procedures such as lasers.
There are four main causes of acne vulgaris: hyper-keratinization, excess sebum production, bacteria Propionibacterium and inflammation. Dermatologists have the most experience treating different types of acne. There are six types of acne: Acne Rosacea, Acne Cosmetica, Acne Fulminans, Acne Keloidalis Nuchae (AKN), Acne Chloracne and Acne Medicamentosa. Several treatments are available in the market nowadays with effective results. Acne can be treated through three therapies namely systematic therapy, topical therapy and physical therapy. Currently acne treatment market is dominated by topical therapy or topical drugs that are widely used by large number of population for acne treatment.
Segment by Type
Inflammatory Acne
Non-Inflammatory Acne
Segment by Application
Male
Female
The report is mainly segmented into several key regions, with sales, revenue, market share, and growth rate in these regions, covering:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Important Questions Answered
What is the growth potential of the Acne Treatment market?
Which company is currently leading the Acne Treatment market? Will the company continue to lead during the forecast period 2021-2028?
What are the top strategies that players are expected to adopt in the coming years?
Which regional market is anticipated to secure the highest market share?
How will the competitive landscape change in the future?
What do players need to do to adapt to future competitive changes?
What will be the total production and consumption in the Acne Treatment market by 2028?
Which are the key upcoming technologies? How will they impact the Acne Treatment market?
Which product segment is expected to show the highest CAGR?
Which application is forecast to gain the biggest market share?
The research includes historic data from 2015 to 2021 and forecasts until 2028 which makes the report's an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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