Acne Treatment Market Overview:
The acne treatment market was valued at USD 9.05 billion in 2019 and expected to reach USD 13.1 billion by 2030 at 4.63% CAGR during the forecast period of 2022 to 2030. One of the most prevalent skin disorders, acne vulgaris, is primarily brought on by alterations in the skin’s structure. Millions of teenagers throughout the world are impacted by it. It is characterized by scarring, oily skin, blackheads, and pimples. There are two varieties of acne: non-inflammatory and inflammatory, the latter of which heals more slowly and may leave a permanent mark on the skin. Typically, it affects skin areas with many sweat glands, such as the upper chest, back, and face. Drugs that are prescribed for the treatment of acne are known as acne medicines. Many prescription and over-the-counter medications, including oral contraceptives, antibiotics, salicylic acid, benzoyl peroxide, retinoids, and isotretinoin, fall under this category.
The main element driving the growth of the acne treatment market is the rise in the incidence of acne illnesses. Additionally, an unhealthy urban lifestyle and the availability of potent acne treatments in the pipeline are other reasons that support the industry. However, the availability of alternative treatments and the negative effects connected with the use of acne drugs restrain market expansion. In contrast, it is anticipated that developing efficient drugs with fewer side effects and a largely untapped market in emerging nations would present profitable growth prospects for the industry.
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Additionally, many people are becoming aware of the advantages of using high-end skin care products, which is fuelling market expansion. Creating efficient therapeutics and treatment alternatives with fewer side effects and greater potential is another factor driving the market. Another element driving development is consumers’ growing demand for goods made with natural components.
Acne Treatment Market Segmentation:
The global market has been divided into acne type, treatment, drug type, route of administration, end-user and regions. The acne section has been classified into moderate, mild, and moderate to serve. The treatment section has been divided into medication and therapeutic devices. The drug parts have been classified into OTC and prescription. The route of administration section is further divided into topical, oral and injectable. The end-user section is further divided into hospitals & clinics, and specialty centers. The regional basis is further divided into five sections Asia-Pacific, Middle East & Africa, Europe, South America, and North America.
Acne Treatment Market Regional Analysis:
The key factors propelling the growth of the acne therapeutics market in North America are the rising prevalence of acne in the area and recent product introductions. A large number of significant market participants are creating new goods and technologies to compete with those already on the market, while others are buying up or forming partnerships with other businesses that are hot commodities in the acne therapeutics industry. For instance, Sun Pharmaceuticals’ first-in-class topical medication for acne vulgaris, Winlevi, was introduced in the United States in November 2021.
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The rise in North America is anticipated to be driven by the expanding number of product releases in developed nations like the United States, which will result in higher adoption. Additionally, growing research and development in acne treatment with promising outcomes are anticipated to fuel the segment’s expansion throughout the projected period.
Acne Treatment Industrial News:
The first topical minocycline-based combination product, FCD105, was evaluated in a Phase 2 clinical trial to determine its preliminary safety and efficacy for treating moderate-to-severe acne vulgaris in June 2020 by a dermatological therapeutics manufacturer based in the United States.