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Acne Medication Market is estimated to grow at a CAGR of 4.8% during the forecast period of 2023-2030 : Cognitive Market Research
Acne Medication Market is estimated to grow at a CAGR of 4.8% during the forecast period of 2023-2030 : Cognitive Market Research
- Acne is one of the most common skin conditions majorly caused by variations in skin structures. It is characterized by pimples, blackheads, oily skin, and marking. There are two forms of acne including non-inflammatory and inflammatory. The inflammatory form takes longer duration to heal and can cause permanent effects on skin. It generally affects skin with relatively high number of sweat glands such as upper part of chest, face, and back. Acne medications are drugs that are specified for treatment of acne. These include various prescription and over-the-counter medicines such as salicylic acid, benzoyl peroxide, retinoids, isotretinoin, antibiotics, and oral contraceptives.
Summary:
- As per our study, the Global Acne Medication market is estimated to be valued at USD 7,784.3 million in 2022 and is expected to exhibit a CAGR of 4.8% during the forecast period (2023-2030).
"To know more The Acne Medication Market statistics click here: https://www.cognitivemarketresearch.com/acne-medication-market-report
Market Dynamics:
- Increasing prevalence of acne diseases is the major factor drives the global acne medication market. In addition, growing sedentary lifestyles, and rising awareness about upcoming trends in acne treatments drives the demand for the global market. Furthermore, introduction of improved systemic treatment provides opportunities to the market players. However, side-effects associated with the use of acne medications may restrain the growth of the nurse call systems market.
Market Segmentation:
Drug Class:
• Retinoid
• Antibiotics
• Clindamycin + Benzoyl Peroxide
• Clindamycin + Tretinoin
• Adapalene + Benzoyl Peroxide
• Tretinoin + Benzoyl Peroxide
• Salicylic Acid
• Benzoyl Peroxide
• Other medications
The retinoids segment accounted for the major revenue share. Retinoids are most effective for moderate to severe acne as it unblocks pores, allowing topical creams and gels to work better.
Type:
• Prescription
• OTC
By type the market is segmented into prescription, and OTC. OTC medicine segment dominates the global market in terms of growth rate, due to rise in preference of patient population as they are convenient to purchase and inexpensive in nature.
Distribution Channel:
• Hospitals & Clinics
• Specialty Centers
The hospitals & clinics accounted for a major revenue share, due to increasing prevalence of skin disorders, including acne. Furthermore, specialty centers segment drives the global market, due to the presence of expert dermatologists and advanced technologies in specialty centers.
Indication:
• Inflammatory Acne
• Non-Inflammatory Acne
The inflammatory acne-type segment is anticipated to account for dominant position in terms of revenue share in the global market. This is attributed to the permanent solution for skin problems, and the availability of well-trained dermatologists.
Formulation:
• Topical Medication
• Oral Medication
Based on formulation, the market is segmented into Oral and Topical. The topical segment drives the demand for the global market. This is attributed to increasing adoption of skincare products and the demand for minimally invasive cosmetic treatment procedures.
The Major Players in Acne Medication Market are:
Almirall Sa, Bausch Health Companies Inc., Glaxosmithkline Plc (Gsk)., Johnson & Johnson, Galderma S.A., Mayne Pharma Group Limited, Mylan N.V., Sun Pharmaceutical Industries Limited, Pfizer Inc., Teva Pharmaceutical Industries Ltd
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Regional Analysis:
- North America has the largest revenue share of the global acne medication market, due to several developments related to acne therapeutics. Furthermore, Asia-Pacific dominated the global market in terms of growth rate, due to increase in number of product launches, and growing healthcare expenditure.
News:
- Journey Medical Corporation acquired VYNE Therapeutics, Inc
In January 2022, Journey Medical Corporation acquired two Food and Drug Administration-approved topical minocycline products and the molecule Stabilizing Technology (MST) Franchise from VYNE Therapeutics, Inc. This franchise includes AMZEEQ for the treatment of acne.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Acne Medication Market
• 3.1 Global Acne Medication Market Size 2018 - 2030, (USD Million)
• 3.2 Global Acne Medication Market Statistics 2022: Snapshot
Chapter 4 Global Acne Medication Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Acne Medication Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Acne Medication Industry Mergers and Acquisition Analysis
• 5.2 Global Acne Medication New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Acne Medication Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Acne Medication Market by Drug Class Segmentation Analysis (2018-2030)
Chapter 10 Global Acne Medication Market by Indication Segmentation Analysis (2018-2030)
Chapter 11 Global Acne Medication Market by Formulation Segmentation Analysis (2018-2030)
Chapter 12 Global Acne Medication Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 13 Global Acne Medication Market Regional Analysis
Chapter 14 North America Acne Medication Market Outlook (2018 - 2030)
Chapter 15 Europe Acne Medication Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Acne Medication Market Outlook (2018 - 2030)
Chapter 17 Latin America Acne Medication Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Acne Medication Market Outlook (2018 - 2030)
Chapter 19 Research Findings
To know more Acne Medication Market TOC click here: https://www.cognitivemarketresearch.com/acne-medication-market-report#table_of_contents
Related Report
• Anti-acne Cosmetics Market - https://www.cognitivemarketresearch.com/anti-acne-cosmetics-market-report
• Acne Treatment market - https://www.cognitivemarketresearch.com/acne-treatment-market-report
• Topical Use Acne Treatment Market - https://www.cognitivemarketresearch.com/topical-use-acne-treatment-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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