Press release
Acne Medication Market: Why North America is expected to maintain its dominance
Based on geography, North America generated the highest share in 2019, garnering nearly half of the global acne medication market, due to numerous developments related to acne therapeutics. Simultaneously, Asia-Pacific would manifest the fastest CAGR of 4.9% from 2020 to 2027, owing to increase in number of product launches, high demand for acne therapeutics, surge in healthcare expenditure, and rise in awareness about new developed therapeutics that can replace conventional acne treatment.According to the report published by Allied Market Research, Global Acne Medication Market Size was Valued at USD 11.86 billion in 2019, and is Projected to Garner USD 13.35 billion by 2027, witnessing a CAGR of 3.8% from 2020 to 2027. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
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Drivers, restraints, and opportunities-
Rise in prevalence of acne diseases, unhealthy urban lifestyle, and increase in focus toward good quality skin care products drive the growth of the global acne medication market. On the other hand, side effects associated with acne medications and presence of alternatives for acne treatment restrain the growth. Nevertheless, development of therapeutics with lesser side effects is expected to create multiple opportunities for the key players in the sector.
Top Key Players of Acne Medication Market: -
• Bausch Health Companies Inc.
• GlaxoSmithKline Plc (GSK)
• Galderma S.A
• Mayne Pharma Group Limited
• Almirall SA.
• Pfizer Inc.
• Johnson & Johnson
• Sun Pharmaceutical Industries Limited
• Teva Pharmaceutical Industries Ltd.
• Mylan N.V.
Global Acne Medication Market Segmentation -
By Therapeutic Class
• Retinoid
• Antibiotic
• Salicylic Acid
• Benzoyl Peroxide
• Other medications
By Formulation
• Topical Medication
• Oral Medication
By Type
• Prescription Medicine
• Over-the-counter medicines
By Acne Type
• Non-inflammatory acne
• Inflammatory acne
• By Distribution Channel
• Retail Store
• Pharmacy & Drug Store
• E-Commerce
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in the coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?
By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
This comprehensive report will provide:
• Enhance your strategic decision making
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• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Ultimately, help you to maximize profitability for your company.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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