openPR Logo
Press release

The Acne Treatment Market To Revolve Around Home-Based Care At A CAGR Of 6%

The Acne Treatment Market To Revolve Around Home-Based Care At

The global Acne Treatment Market is estimated to grow at the rate of 6% in the upcoming period by the year 2031. Integration with virtual reality solutions is expected to rule the roost in the forecast period. Augmented reality could be used for accessing information as well as reports while handling patients or without having to leave their existing operations, that too, in a completely hands-free mode, through voice command, or making supportive data appear automatically. This would be the healthcare vertical in future.

As per Persistence Market Research's latest revised industry analysis, the global acne treatment market was valued at over US$ 5.8 Bn in 2020, and is expected to exhibit a CAGR of close to 6% over the forecast period (2021-2031)

In the United States, acne affects approximately 50 million people annually. Increasing rate of skin diseases is one of the major factors boosting market growth globally. Acne is most commonly observed among teenagers, but can also be observed in people across all age groups.

According to the American Academy of Dermatology Association, over 85% of the population between the ages 12 and 24 have suffered from minor acne at least once or twice, and this may continue into individuals in their '30s and '40s

Get Free Sample Of Acne Treatment Market@ https://www.persistencemarketresearch.com/samples/5279

Significant prevalence of acne has led to increased awareness of considering skin treatment. This, in turn, is expected to fuel demand for acne treatment products. As new drugs and treatments are required to replace older methods such as antibiotics, acne research & development generates avenues and opportunities for players in the market. As a result, various industry players are receiving approvals from regulatory authorities.

Some of the recent approvals include AKLIEF (trifarotene) 0.005% cream (October 2019, Galderma SA), ARAZLO (tazarotene) Lotion, 0.045% (Bausch Health Companies Inc., December 2019), and ACZONE (DAPSONE) GEL (September 2019, Almirall S.A.). Thus, growing approvals support a positive outlook for continued healthy market growth.

Company Profile's:

Galderma S.A.
Lumenis Ltd
Alma Lasers, Sisram Medical Company
Cutera Inc.
Almirall, S.A
Johnson & Johnson Services Inc.
Bausch Health Companies Inc.
Teva Pharmaceutical Industries Ltd.
Stiefel Laboratories, a GSK Company
Candela Medical

Switch Over To The "Methodology" Tab@ https://www.persistencemarketresearch.com/methodology/5279

Key Takeaways from Market Study

By treatment, retinoid therapy to hold around 40% market value share, globally, primarily due to its effectiveness in controlling the spread of acne as compared to other products and reducing the formation of acne scars.

Based on route of administration, the topical route of administration is leading with over 60% of market share. Ease of application and greater availability of lotions, creams, and gels are positively driving demand for topical products.

Inflammatory acne is estimated to dominate the market by type. This segment accounted for approximately 53% share of the market. Significant scarring and pain associated with this type of acne is a key factor driving the segment.

Institutional sales dominate acne treatment with a market share of 52%. Growing number of dermatology clinics and rising preference toward office-based acne treatment procedures to achieve faster results have created a positive impact on the growth of the market.

By region, North America is set dominate the global acne treatment market with a value share of around 44%.

Europe is slated to be the second-largest leading region with a value share of 20% during the forecast period.

"Growing prevalence of acne, preference toward use of combination treatments, and new product launches & approvals are expected to drive market growth over the coming years," says an analyst of Persistence Market Research.

Buy this Report@ https://www.persistencemarketresearch.com/checkout/5279

Market Competition

New product launches and approvals, agreements, collaborations, and partnerships have emerged as the key growth strategy adopted by industry players. By focusing on these strategies, key stakeholders are expanding their geographic footprints and strengthening their existing product portfolios.

In January 2021, Eligo Biosciences SA and GlaxoSmithKline PLC entered into a research collaboration to develop gene therapies to treat or prevent the growth of normal acne.
In February 2020, Almirall S.A. entered into a licensing agreement with Paratek Pharmaceuticals, Inc. to expand Almirall's Seysara in the market in China.
What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the acne Treatment market in its latest study, presenting historical demand assessment of 2016 - 2020 and projections for 2021 - 2031.

The research study is based on the product (therapeutic treatment [antibiotics, retinoid therapy, hormonal drugs, anti-inflammatory drugs, and chemical peels] and devices [laser devices and radio frequency therapy]), route of administration (topical and oral), acne type (inflammatory and non-Inflammatory acne), distribution channel (institutional sales [hospitals and speciality clinics) and retail sales [retail pharmacies, drug stores, and online sales]), across seven key regions of the world.

Access Related Reports-

Aesthetic Lasers And Energy Devices Market: https://www.persistencemarketresearch.com/market-research/aesthetic-lasers-and-energy-devices-market.asp

Cosmetic Threads Market: https://www.persistencemarketresearch.com/market-research/cosmetic-threads-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Acne Treatment Market To Revolve Around Home-Based Care At A CAGR Of 6% here

News-ID: 2624386 • Views: 432

More Releases from Persistence Market Research

Rubber Processing Chemicals Market Global Analysis And Latest Study Report
Antidegradants Largest Product Type in Terms of Revenue The antidegradants product type category is the largest segment by value and is slated to display a CAGR Of 4.4% during the period of forecast. This segment is likely to reach a market valuation of nearly US$ 4,500 Mn by the end of the period of forecast in the year 2026. Due to the growing demand from important end-use industries such as the tires
Printing Inks Market Global Analysis And Latest Study Report
These days, there are various scenarios those propagate different kinds of chemicals & materials market outlook, these are expected to increase the capital expenditure across variety of industries. Persistence Market Research digs deep into the chemicals' vertical and give a holistic view regarding the same. A new report published by Persistence Market Research titled 'Printing Inks Market: Global Industry Analysis (2012 - 2016) and Forecast (2017 - 2025)' studies the performance
Decorative Laminates Market Future Demand Analysis With Forecast
Chemical vertical renders provision of valued raw materials to several sectors. Persistence Market Research's chemical vertical walks through all this. Our chemical reports covers hundreds of varied products, does include application-driven petrochemicals, chemicals, polymers, solvents, etc. In terms of volume, the global decorative laminates market is expected to expand at a CAGR of 4.7% during the forecast period 2017-2025. According to a new report published by Persistence Market Research titled "Decorative
Bunker Fuel Market Forecast Covering Growth Inclinations & Development Strategie …
As stated by Persistence Market Research (PMR) through its various 'Chemicals' domain reports, it is expected - that many rebounding economies in the post Covid-19 era across the globe are bound to grow threefold in the next decade. Understanding several aspects of the global bunker fuel market, Persistence Market Research has put forth an in-depth analysis on various trends, opportunities, challenges, drivers and restraints influencing the growth of the market in

All 5 Releases


More Releases for Acne

Acne Drugs: Global Markets
The global market for acne drugs was valued at REDACTED in 2019. The market is expected to growat a compound annualgrowth rate (CAGR) of REDACTED to reach REDACTED by 2025. Growth of the global market is attributed the increasing numberof cases of acne and skin diseases, unhealthy eating habits and the rising adoption of skin care productsworldwide. To Get Sample Copy of Report Visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=2798596 Increasing prevalence of the acne and
Acne Drugs Market
According to IMARC Group’s latest report, titled “Acne Drugs Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global acne drugs market to continue its moderate growth during the next five years. Acne drugs are medications used to treat a dermatological infection caused by the inflammation in the hair follicles on the skin. It is generally due to hormonal imbalance, oily skin, accumulation of
Acne Vulgaris Treatment Market
Acne vulgaris is a common skin disease characterized by blackheads, whiteheads, papules, and pustules on the face, neck, back, and chest. It is commonly observed in adolescent population, however, can also affect adults. Depending on its severity, acne may be segmented into mild, moderate or severe. It is caused due to excess oil produced in sebaceous glands under skin, which becomes plugged and inflated. Female patient with polycystic ovarian syndrome
Global Market Study on Acne Treatment Inflammatory Acne Segment Anticipated.
The global acne treatment market is stagnant in terms of incremental innovation as most players are investing in product reformulation instead of new product development. The analysts of Persistence Market Research have come up with a new publication titled “Acne Treatment Market: Global Industry Analysis and Forecast, 2017 – 2025,” and have observed that the North America region is expected to witness significant growth in market revenue due to rising affinity
Acne solution
Understanding acne and the different types of acne people suffer from can help in determining what methods of acne control should be attempted, without risk of worsening the condition, or possibly causing permanent damage to the skin. The medical community has had no luck in pinpointing the exact cause of acne and a single effective method for acne control, but the source of acne has been discovered to be the
Eliminate and Destroy Acne With Acne Solutions
Feel low self-esteem and have a lack of confidence because of acne? Eliminate acne and feel beautiful again. Firstly learn about acne, how and why its harassing you. Then use this information and fight acne. Mitcham, Victoria - 18/12/2005 - Intro statement Acne affects almost 85% of people in America aged 12-24. That's an incredible amount of people. Especially at a time when we're most conscious about