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Theglobal 'acne treatment marketsize‘ is expected to reach USD 7.19 billion by 2027 while exhibiting aCAGR of 4.6% between 2020 and 2027. This is attributable to increasingincidence of acne amongst the people and growing dermatology consultationsacross the globe. Fortune Business Insights, published this information in itslatest report, titled “Acne Treatment Market Size, Share &COVID-19 ImpactAnalysis, By Product (Retinoids, Antibiotics, Isotretinoin, and Others), ByTreatment Modality (Oral and Topical), By Age Group (10 to 17, 18 to 44, 45 to64 and 65 Above) By Distribution Channel (Hospital pharmacies, Retailpharmacies and, E-pharmacies), and Regional Forecast, 2020-2027.” The reportfurther mentions that the market was worth USD 5.46 billion in 2019.
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An Overview of the Impact of COVID-19 on this Market :
Theemergence of COVID-19 has brought the world to a standstill. We understand thatthis health crisis has brought an unprecedented impact on businesses acrossindustries. However, this too shall pass. Rising support from governments andseveral companies can help in the fight against this highly contagious disease.There are some industries that are struggling and some are thriving. Overall,almost every sector is anticipated to be impacted by the pandemic.
Weare taking continuous efforts to help your business sustain and grow duringCOVID-19 pandemics. Based on our experience and expertise, we will offer you animpact analysis of corona virus outbreak across industries to help you preparefor the future.
What does the Report Include?
Themarket report includes quantitative and qualitative analysis of several factorssuch as the key drivers and restraints that will affect market growth. Thereport provides insights into the regional analysis that covers the differentregions, which are contributing to the growth of the market. It includes thecompetitive landscape that involves leading companies and adoption of strategiesby them to introduce new products, announce partnerships, and collaborationthat will contribute to the growth of the market between 2019 and 2026.Moreover, the research analyst has adopted several research methodologies suchas PESTEL and SWOT analysis to extract information about the current trends andindustry developments that will drive the market growth in the forthcomingyears.
Frequently Ask Question :
1) How much is the acnetreatment market worth?
Fortune Business Insightssays that the global acne treatment market size was USD 5.46 billion in 2019and is projected to reach USD 7.19 billion by 2027.
2) What was the value of themarket in North America in 2019?
In 2019, the North Americamarket value stood at USD 3.28 billion.
3) At what CAGR is the marketprojected to grow in the forecast period (2020-2027)?
Growing at a CAGR of 4.6%, the marketwill exhibit steady growth in the forecast period (2020-2027).
COMPETITIVE LANDSCAPE:
Ortho Dermatologics Launches Tazarotene Topical to Treat Acne Vulgaris
InJune 2020, Ortho Dermatologics announced its launch of Tazarotene lotion 0.045%following the approval from the US Food and Drug Administration in late 2019.Tazarotene lotion 0.045% is now available across the stores in the UnitedStates for treating acne vulgaris in patients aged 9 years and older. BillHumphries, Ortho President, said, “Ortho Dermatologics is committed todeveloping novel treatment options like ARAZLO that will help millions ofAmericans who are suffering from the inflammatory acne problems.
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Table Of Content :
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
· Recent Industry Developments Such asMergers & Acquisitions
· Product Pipeline Analysis
· Industry Background Pertaining to AcneTreatment Solutions
· Key Industry Trends
· New Product Launches
5. Global AcneTreatment Market Analysis, Insights and Forecast, 2016-2027
· Key Findings / Summary
· Market Analysis, Insights and Forecast – By Product
· Retinoids
· Antibiotics
· Isotretinoin
· Others
· Market Analysis, Insights and Forecast – By Treatment Modality
· Oral
· Topical
· Market Analysis, Insights and Forecast – By Age Group
· 10 to 17
· 18 to 44
· 45 to 64
· 65 Above
· Market Analysis, Insights and Forecast – By Distribution Channel
· Hospital pharmacies
· Retail pharmacies
· E-pharmacies
· Market Analysis, Insights and Forecast – By Region
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
6. North AmericaAcne Treatment Market Analysis, Insights and Forecast, 2016-2027
· Key Findings / Summary
· Market Analysis, Insights and Forecast – By Product
· Retinoids
· Antibiotics
· Isotretinoin
· Others
· Market Analysis, Insights and Forecast – By Treatment Modality
· Oral
· Topical
· Market Analysis, Insights and Forecast – By Age Group
· 10 to 17
· 18 to 44
· 45 to 64
· 65 Above
· Market Analysis, Insights and Forecast – By Distribution Channel
· Hospital pharmacies
· Retail pharmacies
· E-pharmacies
· Market Analysis, Insights and Forecast - By Country
· U.S.
· Canada
Continue…
DRIVING FACTORS
Increasing Incidence of Acne to Bolster Growth
Theadvent of consuming junk food and high disposable income is resulting inincreasing cases of skin disorders across the globe. According to the AmericanAcademy of Dermatology (ADA), around 85% between the age group of 12 and 24have experienced minor acne once in a lifetime. Acne incidences are rising inadults, with over 15% affected are women. The rising skin conditions such aseczema, acne, and psoriasis is driving the demand for dermatology consultationsglobally. The increasing cases of skin ailments are expected to drive theglobal acne treatment market during the forecast period.
List of the Companies Proliferating in the Global Market for AcneTreatment:
- Allergan (Dublin, Ireland)
- Botanix Pharmaceuticals (Northbridge, Australia)
- Galderma S.A. (Lausanne, Switzerland)
- Valeant Pharmaceutical International, Inc (New Jersey, U.S.)
- Bausch Health Companies Inc (Bridgewater, U.S.)
- GlaxoSmithKline Plc. (London, UK)
- Bayer AG (Leverkusen, Germany)
- Johnson & Johnson (New Jersey, U.S.)
- Pfizer Inc. (New York, U.S.)
- Other Players
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Global Acne Treatment Market Segmentation :
By Product
Retinoids
Antibiotics
Isotretinoin
Others
By Treatment Modality
Oral
Topical
By Age Group
10to 17
18to 44
45to 64
65Above
By Distribution Channel
Hospitalpharmacies
Retailpharmacies
E-pharmacies
By Geography
NorthAmerica (U.S. and Canada)
Europe(U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
Asia-Pacific(Japan, China, India, Australia, Southeast Asia, and Rest of Asia- Pacific)
LatinAmerica (Brazil, Mexico, and Rest of Latin America)
TheMiddle East& Africa (South Africa, GCC and Rest of Middle East &Africa)
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