The global Acne Treatment market is expected to develop $13.1 billion by 2030, at a compound annual increase in price (CAGR) of 4.63% throughout the forecast period.
Acne is also popularly called acne vulgaris and is a type of skin condition by the blocking of hair follicles due to accumulation of oil or dead skin cells. This is a skin condition that needs regular treatment and is affects the area of skin which has high oil glands like our face, parts of chest and back. Acne is very common among teenagers and this is the factor driving the k acne treatment industry. Among teenagers acne problems are more of a physiological problem wherein professional help and guidance is taken.
Acne effects the overall appearance of a person, and hence often it leads to people losing their confidence. Research indicates that XX% patients suffering from acne feel depression while XX% have shown suicidal tendencies. Another factor influencing the acne treatment market size is the growing spending power of the people. Across the globe growing importance towards personal grooming and appearance is the main reason for the substantial growth of acne treatment industry.
The demand for cosmetic treatment procedures is growing and various dermatologists prefer to cure skin related diseases with the use of tropical applications or less aggressive procedures instead of surgical ones. General awareness and better understanding of various treatments has led to better relations between patients and physicians and transparency in procedures are factors influencing the acne treatment industry. Laser treatments give a permanent solution for skin related issues and reduces the chances of reoccurrence of the same. Also, laser treatments are less painful and are opted by all.
Acne treatment market analysis indicate growth in well-trained dermatologists, who work with patients and provide best treatment. They are one of the leading contributors influencing the market growth.
The global acne treatment market is segmented on the basis of treatment modality, type, treatment, and end users. Segmentation on the basis of treatment is done as therapeutic devices, medication and others. The medication sector is further sub divided into antibiotics, retinoid, and others. Retinoid sector is further divided into tretinoin, adapalene, others. The antibiotics sector is also sectored into erythromycin, and clindamycin, and many others. The therapeutic devices sector is further sub-divided as, microdermabrader, dermabradors, lasers, and others. Treatment modality is further, segmented into oral, topical, injectable. Segmentation on the basis of end-user is done as pharmacies & drug stores, hospitals & clinics, ambulatory surgical centers, and others.
Based on region segmentation of acne treatment market size is done as USA, Europe, Asia Pacific and Middle East and Africa. America dominates the market followed by Europe owing to the increased awareness between the younger generation and also the increased spending power. This has led there to be an increase in the market.
The key players for Global Acne Treatment Market are ALLERGAN, Stiefel Laboratories, Valeant, Johnson & Johnson Services, Inc., and GlaxoSmithKline Plc. And many others.
Acne Treatment Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2030||$$13.1 billion|
|Growth Rate||CAGR of 4.63% during 2021-2030|
|Segment Covered||By Administration, End-User, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||L’Oréal Paris; MURAD LLC (UNILEVER); NEUTROGENA (Johnson & Johnson Services, Inc.); Clinique Laboratories, LLC (ESTEE LAUDER); Vichy Laboratories; PCA Skin; Obaji; Skin Medica; Skin Better Science; Colorescience; Sente; Jan Marini Skin Research; Revision Skincare; The BeautyHealth Company; Glow Biotics LLC; Perricone MD|
The various segments of Global Acne Treatment Market are,
- Therapeutic devices
- Asia Pacific
- Middle East and Africa