The Global Acne Market Report by The Business Research Company covers acne market drivers and restraints, acne market size, major players, and the impact of COVID-19 on the acne market.
The acne drugs market consists of sales of prescription acne drugs (Salicylic acid, Retin-A Micro, Onexton, and Solodyn) and related OTC non-prescription products (cleansers, lotions, gels, toners, masks and pads containing acne-fighting ingredients) which are used to treat skin diseases such as acne vulgaris and acne rosacea. Based on the type of acne, this market is segmented into inflammatory acne and non-inflammatory acne. The market in this report does not include the sales of drugs used for dermatitis and psoriasis.
An increase in the disposable income of people is one of the major drivers in the acne market. The global acne market is expected to grow from $4.03 billion in 2020 to $4.04 billion in 2021 at a compound annual growth rate (CAGR) of 0.2%. The slow growth is mainly due to deferring treatments related to skin due to the outbreak of COVID-19 that has led to reduced demand for drugs comparatively. The acne drugs market is expected to reach $4.61 billion in 2025 at a CAGR of 3.4%.
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Some acne market trends include mergers and acquisitions. In March 2019, Allergan acquired Envy Medical Inc. o at an undisclosed price. This deal will help Allergan reinforce their goal towards providing customers with enhanced skin care solutions. Envy medicals’ technology used in skin resurfacing procedures like Dermalinfusion, which is a non-surgical, non-invasive skin resurfacing system will immensely help Allergan gain a strong presence in the acne market. Allergan plc is a pharmaceutical company established in 1948 and headquartered in Dublin, Ireland.
Global acne market segments include:
1) By Type: Inflammatory Acne, Non-Inflammatory Acne.
2) By End User: Hospitals & Clinics, Pharmacies & Drug Stores, Ambulatory Surgical Centers.
3) By Therapeutic Class: Retinoids, Antibiotics, Salicylic Acid, Benzoyl Peroxide.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Acne Global Market Report 2021: COVID-19 Impact And Recovery To 2030 is one of a series of new reports from The Business Research Company that provides acne market overviews, analyzes and forecasts market size, share, acne market players, acne market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The acne identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Acne Global Market Report 2021: COVID-19 Impact And Recovery To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Allergan plc, Galderma S.A., Valeant Pharmaceutical International Inc., Teva Pharmaceutical Industries Ltd., Johnson & Johnson Services Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The acne Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The acne Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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