Press release
Acne Drugs Market Share, Trends, Size, Analysis and Forecast 2023-2028
Acne Drugs Market Report 2023-2028
Report Highlights:
How big is the acne drug market?
The global acne drugs market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
What is acne drugs?
Acne is a term used to describe a common skin disorder that results in whiteheads, blackheads, lumps, and pimples when hair follicles become clogged with oil and dead skin cells. It includes both non-inflammatory and inflammatory acne that can leave behind long-lasting skin scars. poor food, emotional stress, a hot and humid climate, and allergic cosmetics are some potential causes. Acne can be cured by various prescriptions and consuming over-the-counter (OTC) drugs, such as retinoids, antibiotics, salicylic acid, benzoyl peroxide, and oral contraceptives.
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What are the growth prospects and trends in the acne drugs industry?
Currently, one of the major reasons supporting the market growth is the increased frequency of skin diseases among teenagers and adults worldwide. In addition, the market is expected to develop as consumer knowledge of the variety of acne remedies and treatments increases. In addition, the market is expanding as more and more potent acne medications with fewer side effects are being developed. Moreover, the wide availability of acne drugs through various distribution channels, such as pharmacies, drug, and online stores, is offering a lucrative growth opportunity to industry investors. Furthermore, key manufacturers are introducing isotretinoin capsules for patients suffering from recalcitrant nodular acne, which is propellant the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Acne Type:
comedonal
Inflammatory
cystic
Postsurgical/Wound
Breakup by Drug Class:
Retinoids
Antibiotics
Hormonal Agents
Combination Drugs
Others
Breakup by Drug Type:
OTC Drugs
Prescription Drugs
Breakup by Route of Administration:
topical
Oral
Injectable
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Allergan Plc
Bausch Health Companies Inc.
Bayer Aktiengesellschaft
Cipher Pharmaceuticals Inc.
Galderma Holding SA
Johnson & Johnson
Pfizer Inc.
Reckitt Benckiser Group Plc
Skinvisible Pharmaceuticals Inc.
Sun Pharmaceutical Industries Limited
Teva Pharmaceutical Industries Ltd.
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If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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