Acne Treatment Market Was Valued at USD 1,217.3 Million in 2021 Owing to Increased Changing Lifestyles

According to Precision Business Insights (PBI) latest report, the global acne treatment market is worth USD 1,217.5 million in 2022, growing at an 8.2% CAGR from 2022 to 2028. The global acne treatment market is segmented into the following types: By Device Type (Photodynamic, Laser, Radiofrequency, and Others), By End-User Industry (Hospitals, Clinics, Salon & Spa, Individual homes, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Forecast to 2028. Key player's profiles in the acne treatment market report are Almirall, S.A, Bausch Health Companies Inc., GlaxoSmithKline plc, Johnson & Johnson Services, Inc., GALDERMA, Mayne Pharma Group Limited, Sun Pharmaceutical Industries Ltd., Candela Medical, Pfizer Inc., Cutera Inc. The rising psychological problems of acne among youth or across age groups are critical factors for this market's growth. Consumers are looking for safe and cost-effective options for acne treatment. Growing demand for quick and safe treatments and solid results are some of the factors projected to drive the market in the forecasted period. Acne's constant prevalence worldwide is expected to boost the growth of the acne treatment market. Acne clearing devices aid in the healing process when used in conjunction with drugs, allowing the body to effectively treat acne, which is anticipated to drive the growth of the acne treatment market. The growing inclination of consumers toward acne treatment devices that are convenient to use at home creates an opportunity for marketers. Individuals aged 12 to 30 years old have the highest prevalence of acne, and the growing number of people in this age group is driving the market for acne treatment devices.

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Salon & spa and clinic segments Dominate the Acne Treatment Market:
In the acne treatment market, the salon & spa, and clinic segments are expected to contribute the highest revenue share of X% in 2021. The growing number of salons with innovative treatments, increasing sedentary lifestyles, and raising awareness about upcoming trends in acne treatments may boost the market. The global acne treatment market is mainly driven by rising disposable income, the high incidence rate of acne across regions, increased consumer spending for such treatments, and growing skin consciousness in the millennial age group. Cheap products & traditional therapies, and high treatment costs & side effects will hinder the market growth.

North America Leads Acne Treatment Market:
North America acne treatment market held the highest market share of 32.8% in 2021. Growth in the North American market is primarily driven by growth in the U1SA region. The rising psychological problems of acne among American youth are critical factors for developing this market. In addition, Europe will be the second-largest shareholder due to the region's growing patient pool, significant companies' robust investment in R&D for drugs used to treat dermatological conditions, and enhanced adoption of advanced treatment products.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players.
The global acne treatment market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.

Detailed Segmentation
Based on the Device Type, the market is segmented into the following:
• Photodynamic
• Laser
• Radiofrequency
• Others

Based on the End-User Industry, the market is segmented into the following:
• Hospitals
• Clinics
• Salon & Spa
• Individual Home
• Others.

Based on the geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

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