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Acne Treatment Market Research Report Information by Acne Type (Moderate, Mild, Moderate to Severe), Treatment (Medication, Therapeutic Devices), Drug Type (OTC, Prescription), Route of Administration (Topical, Oral, Injectable), End User (Hospitals & Clinics, Specialty Centers) and Region (Americas, Europe, Asia-Pacific, and Rest of the World) – Forecast till 2032
Market Scope
The global acne treatment market is expected to accrue revenues at 5.3% CAGR over the forecast period. Increasing cases of acne due to lifestyles led by the current patients is likely to drive market growth. Its high prevalence among teens can drive the demand for treatment of acne. According to the Acne and Rosacea Society of Canada report of 2016, acne affected close to 90% of teens in the country.
The acne treatment market size was valued at USD 9.2 billion in 2021 and is projected to grow from USD 9.6 billion in 2022 to USD 14.44 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.6% during the forecast period (2023 – 2032).
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Segmentation
The global acne treatment market is segmented by type, treatment, treatment modality, and end users.
By type, the acne treatment market is segmented into post-surgical/wound acne, comedonal acne, cystic acne, inflammatory acne, and others.
By treatment, the acne treatment market is categorized into therapeutic devices, medication, and others. The medication segment is sub-segmented into antibiotics, retinoid, and others. The retinoid segment is further segmented into tretinoin, adapalene, and others. The antibiotics segment is further segmented into clindamycin, erythromycin, and others. The therapeutic devices segment is sub-segmented into dermabradors, lasers, microdermabrader, and others.
By treatment modality, the market is segmented into injectable, oral, and topical.
On the basis of end users, the acne treatment market is segmented into ambulatory surgical centers, hospitals & clinics, pharmacies & drug stores, and others.
Competitive Analysis:
Galderma S.A., Teva Pharmaceutical Industries Ltd., GlaxoSmithKline Plc., Stiefel Laboratories, Inc., Johnson & Johnson Services, Inc., Valeant, ALLERGAN, Bayer AG, and Roche Holding AG are major pharma players covered in the global acne treatment market report.
Regional Analysis
Europe, the Middle East & Africa (MEA), Asia Pacific (APAC), and Americas are major regions covered in the global acne treatment market report.
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The Americas is estimated to dominate the global market owing to a huge patient pool and a well-developed healthcare infrastructure. Large cosmetic expenses by patients and change in lifestyles due to the frenetic pace of work can fuel market demand. Canada and the U.S are two of the biggest regions able to generate revenue for the market. Procurement of drugs such as retinoids and other antibiotics are taken by patients for reducing inflammation and redness on the face. Combination therapies are gaining traction in the region with many patients preferring non-antibiotic treatment. For instance, benzoyl peroxide is being prescribed with topical retinoid for shedding skin naturally.
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Europe has assumed the second position in the global market. Abundance of funds for research and development into topical formulations or capsules for clearing the face of dead skin, a sizeable teenage population, and a large patient pool are major factors driving regional market growth. Large number of pharma facilities and subsidies given to these players can drive the size of the acne medication market.
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