PUBLISHER: SkyQuest | PRODUCT CODE: 1244233
PUBLISHER: SkyQuest | PRODUCT CODE: 1244233
Global Acne Treatment Market was valued at USD 9.43 billion in 2021 and it is expected to reach at USD 12.57 billion by 2028, at a CAGR of 4.9% over the forecast period (2022-2028).
The global acne treatment market refers to the market for products and services used to treat acne, a common skin condition characterized by the presence of pimples, blackheads, and whiteheads on the face, neck, chest, and back. Acne can affect individuals of all ages and can have a significant impact on their quality of life. The market includes a range of products such as topical medications, oral medications, and medical devices used for acne treatment. Topical medications include creams, gels, and lotions containing active ingredients such as benzoyl peroxide, salicylic acid, and retinoids. Oral medications include antibiotics, isotretinoin, and hormonal therapies. Medical devices used for acne treatment include laser and light therapies, micro needling devices, and dermabrasion tools. The market also includes over-the-counter products such as cleansers, moisturizers, and spot treatments.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Acne Treatment Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report
The global Acne Treatment market is segmented on the basis of Type, Route of Administration, Age Group, and Distribution Channel. Based on the type of the market is segmented into Retinoids, Antibiotics, Isotretinoin, and Others. Based on the Route of Administration the market is segmented into Oral, Topical. Based on the Age Group the market is segmented into 10 to 17, 18 to 44, 45 to 64, and 65 and above. Based on the Distribution Channel the market is segmented into Hospital Pharmacies, Retail & Online Pharmacies. Based on the region, the global Acne Treatment market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Driver
One key driver of the Global Acne Treatment Market is the growing prevalence of acne worldwide. Acne is a common skin condition that affects a large portion of the global population, particularly adolescents and young adults. The condition can have a significant impact on quality of life, causing physical discomfort and emotional distress. As a result, there is a strong demand for effective and accessible acne treatments to help manage the condition. The increasing prevalence of acne, coupled with growing awareness and acceptance of acne as a legitimate medical condition, is driving the growth of the global acne treatment market. Additionally, advances in technology and research have led to the development of new and innovative acne treatments, further fueling the market growth.
Restraint
One key restraint of the global acne treatment market is the potential side effects associated with certain acne treatments. Many acne treatments, such as topical retinoids and oral antibiotics, can cause skin irritation, dryness, and other adverse reactions, which can limit patient adherence to treatment and reduce the effectiveness of acne therapies. Furthermore, the overuse or misuse of some acne treatments can lead to antibiotic resistance, which is a growing public health concern. Antibiotic resistance occurs when bacteria become resistant to antibiotics, making it more difficult to treat infections and other health conditions.
Market Trends
One key trend in the global acne treatment market is the increasing adoption of combination therapies to improve treatment outcomes. Combination therapies involve the use of two or more different acne treatments, such as topical and oral medications, to target multiple pathways involved in acne development. Combination therapies have been shown to be more effective than monotherapy in the treatment of acne, as they can target different types of acne lesions and reduce the risk of antibiotic resistance. In addition, combination therapies can improve patient adherence to treatment, as they may be more convenient and effective than using multiple treatments separately.