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Acne Therapeutics Market Will Exhibit an Impressive Expansion by 2024-2031

05-15-2024 01:00 PM CET | Health & Medicine

Press release from: Orion Market Research

Acne Therapeutics Market Will Exhibit an Impressive Expansion

The global acne therapeutics market is anticipated to grow at a significant CAGR during the forecast period. The major factor driving the growth of the global acne therapeutics market includes the growing prevalence of acne vulgaris, owing to the sedentary lifestyles amongst the population. Acne vulgaris is a commonly occurring chronic skin condition that involves the blockage and/or inflammation of the pilosebaceous units which are hair follicles and the sebaceous gland accompanied to it. The inflammatory reaction is accompanied by excessive sebum production with hyperkeratinization (accumulation of dead cells). Acne can be a mixture of both inflammatory lesions and non-inflammatory lesions. Another factor anticipated to propel the market growth includes rising per capita spending on acne treatment options owing to the growing awareness regarding it.

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The sedentary lifestyle is attributed to urbanization. Owing to this the people are more tend to focus on physical appearance, leading to an upsurge in cosmetic utilization. However, the moving shift of people towards the physical appearance and technological advancements and innovations for the treatment of acne are the major factors responsible for the growing spending in acne treatment globally and thus aiding the market growth.

The key players contributing to the growth of the global acne therapeutics market by adopting various strategies such as product launches & developments, mergers and acquisition, partnerships, and agreements, includes Aclaris Therapeutics Inc., Allergan PlcEli Lilly, and Co., F. Hoffmann-La Roche AG, LEO Pharma A/S, GlaxoSmithKline Plc, Mylan NV, Novartis AG, Pfizer Inc., Teva Pharmaceuticals Industries Ltd., among others. For instance, billion in January 2020, Eli Lilly & Co. is planning to acquire Dermira Inc., medical dermatology company, in a deal valued at $1.1.

Global Acne Therapeutics Market by Segments

By Type

• Medication
• Other Treatment

By Route of Administration

• Oral
• Topical
• Parenteral

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Acne Therapeutics Market- Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Aclaris Therapeutics Inc.
• Allergan PlcEli Lilly and Co.
• Hoffmann-La Roche AG
• LEO Pharma A/S
• GlaxoSmithKline Plc

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https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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