Acne Treatment Market to witness high growth in near future

Acne Treatment Market to witness high growth in near future

May 28, 2021, 2:22:43 PM Life and Styles

Acne Treatment Market Overview:

Published by Market Research Future (MRFR), the global report on the acne treatment market growth can find a CAGR of 5.3% over the forecast period of 2017 to 2023. Acne is a skin problem that occurs with the clogging of hair follicles or dead skin cells. Even repeated treatments, at times fail to cure the problem. It appears normally in areas where the presence of oil glands is quite high.

Several factors are expected to promote the global acne treatment market in the coming years. Among them, high research expenditure, cost-affordable prices, better branding & promotion, and hike in awareness are expected to score well. Also, the acne treatment market is leaning towards natural products, which can impact the global market in the coming years.

Acne Treatment Market Segmentation:

The global acne treatment market, as reported by MRFR, can be segmented on the foundation of type, treatment, treatment modality, and end-users. Such an extensive research is loaded with detailed analysis of various factors that can impact the global market in the coming years.

By type, the acne treatment market includes cystic acne, post-surgical/wound acne, comedonal acne, inflammatory acne, and others. The inflammatory acne segment is gaining substantial boost.

By treatment, the acne treatment market includes therapeutic devices, medication, and others. The medication segment encompasses antibiotics, retinoid, and others. The retinoid segment holds tretinoin, adapalene, and others under its purview. The antibiotics segment encompasses clindamycin, erythromycin, and others. The therapeutic devices segment has microdermabrader, lasers, dermabradors, and others. 

By treatment modality, the acne treatment market covers oral, topical, and injectable. The topical segment is all set to find better market penetration in the coming years.

By end-users, the acne treatment market encompasses pharmacies & drug stores, hospitals & clinics, ambulatory surgical centers, and others. The pharmacies & drug stores segment is deemed to receive significant thrust from the regional market.

Acne Treatment Market Competitive Landscape:

Several countries in the global acne treatment market are taking initiatives to launch the right kind of strategy to maximize their profit. The process also takes the market forward in a holistic way. MRFR included several names in their report on the market hand had them profiled to understand the patterns of the coming years. These companies are

  • Stiefel Laboratories Inc. (U.S.)
  • Valeant (Canada)
  • Johnson & Johnson Services Inc. (U.S.)
  • Galderma S.A. (Switzerland)
  • Bayer AG (Germany)
  • ALLERGAN (Republic of Ireland)
  • Roche Holding AG (Switzerland)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • GlaxoSmithKline Plc. (U.K)

Among various strategies, these companies rely on merger. Acquisition, collaboration, marketing, innovation,

Acne Treatment Market Regional Analysis:

The Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA) are regions that have been included in the global study of the acne treatment market. This study aims at covering various demographic influences to chart growth possibilities.

The Americas has the lead in the global market dominates the global acne treatment market. The regional market is gaining traction from various infrastructural features, like inclusion of best-in-class technology to launch new products, high expenditure capacity, better awareness level, impact of the lifestyle, hike in cosmetic expenditure, and others. North America has better market penetration and it can fetch in remarkable revenues on the basis of performance from the US and Canada. Europe’s growth would be quite similar as regional features resemble that of North America. The hike in provision for research and development sector can boost the regional market growth.

 The APAC market is expected to get remarkable nod due to the massive population of which, a large number are suffering from acne-related problems. The healthcare sector is developing, which can provide boost to the market.

and others.

Acne Treatment Industry Update

In August 2019, Bausch Health Companies announced that their new products tazarotene acne treatment lotion will soon hit the shelf for better growth. The Canadian company is known for their extensive research in various fields like eye health, gastroenterology, neurology, dermatology, and aesthetics.

 

Published by Tanuja Kulkarni

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