Global Acne Drugs Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

The global acne drugs market accounted 12281.2 million USD in 2020 and is expected to reach 17323.9 million USD by 2030 growing with a CAGR of 3.50% during the forecast period.Acne is caused majorly due to excess oil formed by glands on skin which leaves mark or scar on the skin. Face, shoulder, neck, and chest are the place where acne usually appears. It is an inflammatory and chronic skin disease. Acne is a dermatological condition disturbing more than 9.4million across the world. Whiteheads, blackheads, pimples, cysts, and nodules are the results of acne. The cellular wall breaks, due to growth in oil glands under the skin that leads to acne. Lack of sleep, smoking, drug misuse, emotional and work-related stress, and alcohol consumption are major activates that causes acne. Among teenagers and adults. Acne treatment depends on the skin type and the seriousness of the condition. Permanent cure to the problems caused by the acne is offered by laser treatment which prevents future pigmentation issues.
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Market Dynamics and Factors:
Acne is one of the most common dermatological diseases across the globe. 90% of people suffer from sort of acne. In US, almost 12million people suffer from a severe acne problem, which can lead to scarring of the skin if left untreated, as a result of this; maximum people purchase acne care drugs and products owing to, this will drive the market worldwide. The treatment like algorithm, combinational therapies are gaining popularity from last few years. On the other hand, the presence of alternatives like surgeries, home remedies, laser treatment, photodynamic therapy etc for acne treatment is one of the restraints on the acne drugs market. Due to availability of multiple alternatives, people are moving to choose one amongst many options on the basis of price, side effects, duration and many more. Adverse side effect of drug such as birth defects, high blood pressure, nausea etc is restraining the acne drugs market.
Market Segmentation :
Global Acne Drugs Market – By Type
Comedonal
Inflammatory
Cystic
Postsurgical/Wound
Global Acne Drugs Market – By Therapeutic Class
Retinoid
Antibiotic
Hormonal Agent
Combination
Others
Global Acne Drugs Market – By Mode of Administration
Topical
Oral
Inject Able
Global Acne Drugs Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America is the dominating region in the acne drugs market. This region is expected to hold the position during the next five years. Among the countries, the U.S. acne drugs market is the largest. The growth in the region will be majorly driven by rising disease incidence, lifestyle changes, and easy availability of products. Asia-pacific is forecasted to register the highest CAGR during forecast period. Owing to high population base, rise in disposable income resulting to the improvement in patient awareness about acne drugs.
Competitive Scenario:
The major player in the global acne drugs market such as Allergan, S.A. Valeant Pharmaceutical GlaoSmithKline Plc, Bayer AG, Stiefel laboratories Inc, Ranbaxy laboratories limited, Pfizer Inc, Mylan N.V., Cipher, Daiichi sankyo company Ltd, Guthy -Renker LLC, Medicis Pharmaceutical Corporation, Foamix Pharmaceuticals, BioPharmaX ,Roche Holding AG, Anterios Inc, AndroScience, Oculus innovative Sciences, Aqua Pharmaceuticals, Prestium Pharma Inc.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Acne Drugs industry, although key threats, opportunities and disruptive technologies that could shape the Global Acne Drugs Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Acne Drugs Market most.
The data analysis present in the Global Acne Drugs Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Acne Drugs Market business.
The 2021 Annual Global Acne Drugs Market offers:
100+ charts exploring and analysing the Global Acne Drugs Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Acne Drugs Market type
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