Press release
Acne Medication Market: Top Key Players, and Industry Analysis 2020-2027
Acne or acne vulgaris is a skin disease caused due to clogging of hair follicles with dead skin cells and oil from skin cells. This disease is characterized by pimples, blackheads, oily skin, and scarring. There are two types of acne including non-inflammatory and inflammatory acne, where the latter takes longer duration to heal and can cause permanent effects on skin. It generally affects skin with comparatively high number of sweat glands such as upper part of chest, back, and face. Acne medications are drugs that are indicated for treatment of acne. These include several prescription and over-the-counter medicines such as retinoids, isotretinoin, antibiotics, salicylic acid, benzoyl peroxide, and oral contraceptives. The global acne medication market was valued at $11,865.9 million in 2019, and is projected to reach $13,357.57 million by 2027 at a CAGR of 3.80% from 2020 to 2027.Request for Free Sample Report at: https://www.alliedmarketresearch.com/request-sample/4356
Rise in prevalence of acne vulgaris across the world, unhealthy urban lifestyle, surge in pollution, and increase in focus on skin care products are the major factors that boost the market growth. However, side effects associated with acne medications and reforms and presence of alternative treatment options such as laser therapies impede the market growth. Conversely, development of newer products with lesser side effects and presence of untapped market in emerging economies are expected to provide lucrative growth opportunities for the acne medication market.
This pandemic has disrupted growth in many economies across various domains. Impact of COVID-19 pandemic remained negative for key players in the acne medication market. However, many dermatologist clinics are facing a difficulty due to lockdown, which has led to a drop in number of patient visits to clinics. However, this deleterious impact is being compensated by some means with the use of telemedicine.
By therapeutic class, the retinoids segment accounted for the largest share in 2019. Retinoids are most effective for moderate to severe acne as it unblocks pores, allowing topical creams and gels to work better. Moreover, retinoids decrease post-inflammatory hyperpigmentation, while simultaneously preventing formation of any new acne on the skin. However, the salicylic acid segment is expected to grow at the highest CAGR of from 2020 to 2027.
The global acne medication market is segmented into therapeutic class, formulation, type, acne type, distribution channel, and region. By therapeutic class, the market is divided into retinoids, antibiotics, salicylic acid, benzoyl peroxide, and others. The retinoids segment is further classified into topical retinoid & combination retinoid and oral retinoid (is otretinoin). Moreover, the antibiotics segment is further sub-segmented into topical antibiotics & combination antibiotics and oral antibiotics.On the basis of formulation, the market is bifurcated into topical medication and oral medication. By type, it is divided into prescription medicine and over-the-counter (OTC) medicine. By acne type, it is fragmented into non-inflammatory and inflammatory acne. By distribution channel, it is classified into retail Store, pharmacy & drug store, and e-commerce. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of type, presently, the prescription medicine segment is the revenue generating segment in the market. Prescription acne products such as antibiotics are usually combined with benzoyl peroxide or a topical retinoid that makes up for an effective combination, which drives the prescription acne medication market during the forecast period. On the other hand, over-the-counter medicine segment is anticipated to record a CAGR of 3.20% during the forecast period, owing to rise in preference of patient population to use over-the-counter (OTC) products as they are convenient to purchase and in expensive in nature, which propels the acne medication market growth.
North America accounted for the largest share of revenue in 2019, and is anticipated to maintain its dominance from 2020 to 2027, owing to numerous developments related to acne therapeutics. However, Asia-Pacific is expected to register highest CAGR during the forecast period, owing to increase in number of product launches, high demand for acne therapeutics, and surge in healthcare expenditure as well as growth in awareness about new developed therapeutics that can replace conventional acne treatment in this region.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/4356
Key Findings Of The Study:
The study provides an in-depth analysis of the global acne medication market with current trends and future estimations from 2019 to 2027 to elucidate the imminent investment pockets.
Comprehensive analysis of factors that drive and restrict the acne medication market growth is provided.
Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the acne medication market.
Key Market Players:
The report provides some of the key players operating in the market include Almirall SA.,Bausch Health Companies Inc.,GlaxoSmithKline Plc (GSK), Johnson & Johnson, Galderma S.A, Mayne Pharma Group Limited, Mylan N.V., Pfizer Inc., Sun Pharmaceutical Industries Limited, and Teva Pharmaceutical Industries Ltd
Other Trending Reports:
Vietnam Medical Nutrition Market- https://www.alliedmarketresearch.com/vietnam-medical-nutrition-market-A08854
U.S. Portable Ventilators Market- https://www.alliedmarketresearch.com/us-portable-ventilator-market-A09509
Cough Syrup Market- https://www.alliedmarketresearch.com/cough-syrup-market-A10312
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Acne Medication Market: Top Key Players, and Industry Analysis 2020-2027 here
News-ID: 2687482 • Views: …
More Releases from Allied Analytics LLP
![The Future of Ultraviolet Lamps Market in Healthcare](https://cdn.open-pr.com/L/8/L816798182_g.jpg)
The Future of Ultraviolet Lamps Market in Healthcare
According to a new report by Allied Market Research, Ultraviolet Lamps Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (UV LED Lamp, UV Mercury Lamp, Low-pressure Mercury Lamp, Medium-pressure Mercury Lamp, Amalgam Mercury Lamp) and by Application (Medical Phototherapy, Analytical Instruments, Tanning, Water Treatment, Air Purification, UV Curing, Surface Treatment, Food Beverages Disinfection, Biomedical Applications, Others (Wastewater Treatment)): Global Opportunity Analysis and Industry Forecast, 2023-2032
Ultraviolet (UV) lamps…
![The Benefits of Switching to Thorium Fuel Cycle Market](https://cdn.open-pr.com/L/8/L816268003_g.jpg)
The Benefits of Switching to Thorium Fuel Cycle Market
According to a new report by Allied Market Research, Thorium Fuel Cycle Market Size, Share, Competitive Landscape and Trend Analysis Report by Reactors Type (Heavy Water, High-Temperature Gas-Cooled, Boiling (Light) Water, Molten Salt, Fast Neutron, Others) and by Application (Gas Mantles, Nuclear Reactor, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
The thorium fuel cycle is an alternative nuclear energy pathway that uses thorium-232 (^232Th) as a fertile material to produce…
![Top 5 Benefits of Using Tactile Switches in Your Devices](https://cdn.open-pr.com/L/8/L816670994_g.jpg)
Top 5 Benefits of Using Tactile Switches in Your Devices
According to a new report by Allied Market Research, Tactile Switches Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Standard Types, Illuminated Types, Sealed Types, Sealed Types, Surface Mount Types, Others) and by Application (Automotive, Medical, 3C Products, Information Appliance, White Goods, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Tactile switches, also known as tactile pushbutton switches, are electromechanical devices that provide tactile feedback to the user…
![Exploring the Benefits of Reliable Subsea Control Systems Market](https://cdn.open-pr.com/L/8/L816167615_g.jpg)
Exploring the Benefits of Reliable Subsea Control Systems Market
According to a new report by Allied Market Research, Subsea Control Systems Market Size, Share, Competitive Landscape and Trend Analysis Report by Component (Hardware, Software, Services), by Type (Manual Control Systems, Automated Control Systems) and by Application (Floating Production Systems, Subsea Trees and Associated Wellheads, Subsea Manifolds and Pipelines, Subsea Boosters, Subsea Separators): Global Opportunity Analysis and Industry Forecast, 2023-2032
Subsea control systems are sophisticated technologies designed to monitor and control…
More Releases for Acne
Rising Cases of Acne Boosting Professional Acne Treatment Market Growth
Factor such as the rising cases of acne, surging adoption of acne treatments, growing healthcare spending, increasing disposable income, sedentary lifestyle, strong product pipeline, and mounting number of research programs are expected to propel the professional acne treatment market at a CAGR of 7.6% during 2020–2030. According to P&S Intelligence, the market size is expected to reach $13,124.5 million by 2030 from $6,298.9 million in 2020. Moreover, the market is…
Acne Drugs: Global Markets
The global market for acne drugs was valued at REDACTED in 2019. The market is expected to growat a compound annualgrowth rate (CAGR) of REDACTED to reach REDACTED by 2025. Growth of the global market is attributed the increasing numberof cases of acne and skin diseases, unhealthy eating habits and the rising adoption of skin care productsworldwide.
To Get Sample Copy of Report Visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=2798596
Increasing prevalence of the acne and…
Acne Drugs Market
According to IMARC Group’s latest report, titled “Acne Drugs Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global acne drugs market to continue its moderate growth during the next five years.
Acne drugs are medications used to treat a dermatological infection caused by the inflammation in the hair follicles on the skin. It is generally due to hormonal imbalance, oily skin, accumulation of…
Acne Vulgaris Treatment Market
Acne vulgaris is a common skin disease characterized by blackheads, whiteheads, papules, and pustules on the face, neck, back, and chest. It is commonly observed in adolescent population, however, can also affect adults. Depending on its severity, acne may be segmented into mild, moderate or severe. It is caused due to excess oil produced in sebaceous glands under skin, which becomes plugged and inflated. Female patient with polycystic ovarian syndrome…
Global Market Study on Acne Treatment Inflammatory Acne Segment Anticipated.
The global acne treatment market is stagnant in terms of incremental innovation as most players are investing in product reformulation instead of new product development. The analysts of Persistence Market Research have come up with a new publication titled “Acne Treatment Market: Global Industry Analysis and Forecast, 2017 – 2025,” and have observed that the North America region is expected to witness significant growth in market revenue due to rising affinity…
Acne solution
Understanding acne and the different types of acne people suffer from can help in determining what methods of acne control should be attempted, without risk of worsening the condition, or possibly causing permanent damage to the skin. The medical community has had no luck in pinpointing the exact cause of acne and a single effective method for acne control, but the source of acne has been discovered to be the…