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Acne Treatment Market is estimated to surge ahead at a CAGR of 5.8% to reach US$ 12.0 Bn by the end of 2033

01-06-2023 08:06 AM CET | Health & Medicine

Press release from: Persistence Market Research

Acne Treatment Market is estimated to surge ahead at a CAGR of 5.8%

The acne treatment market is expected to see significant growth in 2023. This is due to a number of factors, including an increasing global population, rising levels of pollution, and a growing focus on personal appearance. Consumers are becoming more aware of the various options available for treating acne, including over-the-counter products, prescription medications, and in-office treatments such as chemical peels and laser therapy. As a result, the demand for effective acne treatment products and services is expected to continue to rise. This, in turn, is expected to drive growth in the acne treatment market in 2023 and beyond.

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The acne treatment market is expected to grow significantly in the coming years due to increasing prevalence of acne, growing demand for effective and safe acne treatment options, and the availability of a wide range of acne treatment products. In addition, increasing awareness about skin care and rising disposable incomes in developing countries are also expected to drive the growth of the market.

However, the market may face challenges due to factors such as side effects associated with some acne treatment products and the availability of alternative treatments, such as home remedies and over-the-counter products.

Companies

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

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Overall, the acne treatment market is expected to offer numerous growth opportunities in the coming years, with increasing demand for advanced and effective treatment options for acne.

Competitive Landscape

Mergers and acquisitions have become one of the major growth tactics used by market players, taking into account competitive efforts in the global market. A number of well-known companies are expanding their product lines through acquisitions and engaging with both established and developing markets.

Key instances include:

In March 2022, Differin, a well-known consumer acne medicine from Galderma Laboratories, L.P., the first FDA-approved, dermatologically tested, started a digital and audio advertising campaign that led to a strategic partnership with Acast Creative.
in Dec 2020, L'Oréal announced the signing of a deal to acquire Takami Co., a Japanese company. In Japan, Takami is a well-known brand in skin care.

Similarly, the team at Persistence Market Research has tracked recent developments related to companies in the acne treatment market, which are available in the full report

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Key Segments in Acne Treatment Industry Survey

Product:

Therapeutic Treatment
Antibiotics
Retinoid Therapy
Hormonal Drugs
Anti-inflammatory drugs
Chemical Peels
Devices
Laser Devices
Radiofrequency Devices

Route of Administration:

Topical
Oral

Acne Type:

Inflammatory Acne
Non-Inflammatory Acne

End User:

Institutional Sales
Hospitals
Specialty Clinics
Retail Sales
Retail Pharmacies
Drug Stores
Online Pharmacies

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Media Contact:
Persistence Market Research
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Call +1-646-568-7751
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About Us

Persistence Market Research's Expertise in Life Sciences and Transformational Health

Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.

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