Acne Drugs Market Analysis 2023 | Industry Share, Growth and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Acne Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study of the acne drugs market analysis, including industry share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the acne drugs market?
Report Attributes | Details |
Market Size in 2022 | US$ 6.5 Billion |
Market Forecast in 2028 | US$ 9.2 Billion |
Growth rate (2023 to 2028) | CAGR of 5.3% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What is acne drugs?
Acne is a prevalent skin condition characterized by the clogging of hair follicles with oil and dead skin cells, resulting in the formation of whiteheads, blackheads, lumps, and pimples. It encompasses both non-inflammatory and inflammatory types, which may lead to long-lasting scars on the skin. Factors contributing to acne development include hormonal changes during menstruation, improper diet, emotional stress, hot and humid weather, and the use of allergic cosmetics. Various treatments are available to address acne, including prescription medications and over-the-counter (OTC) drugs like retinoids, antibiotics, salicylic acid, benzoyl peroxide, and oral contraceptives, which can help alleviate the condition.
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What are the growth prospects and trends in the acne drugs industry?
The acne drugs market is experiencing growth due to the increasing prevalence of skin conditions among teenagers and adults globally. Consumers are becoming more aware of the available acne products and treatment options, contributing to a positive market outlook. Furthermore, the market is being strengthened by the development of effective acne drugs with minimal side effects and high efficacy. The wide availability of these acne drugs through various distribution channels, including pharmacies, drugstores, and online platforms, presents a lucrative growth opportunity for industry investors. Additionally, manufacturers are introducing isotretinoin capsules specifically for patients with severe nodular acne, further driving market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Acne Type:
- Comedonal
- Inflammatory
- Cystic
- Postsurgical/Wound
Breakup by Drug Class:
- Retinoids
- Antibiotics
- Hormonal Agents
- Combination Drugs
- Others
Breakup by Drug Type:
- OTC Drugs
- Prescription Drugs
Breakup by Route of Administration:
- Topical
- Oral
- Injectable
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Allergan Plc
- Bausch Health Companies Inc.
- Bayer Aktiengesellschaft
- Cipher Pharmaceuticals Inc.
- Galderma Holding SA
- Johnson & Johnson
- Pfizer Inc.
- Reckitt Benckiser Group Plc
- Skinvisible Pharmaceuticals Inc.
- Sun Pharmaceutical Industries Limited
- Teva Pharmaceutical Industries Ltd.
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