Acne Medicine Market Is Expected To Reach around USD 6.1 Billion in 2022, Grow at a CAGR Of 7.4% During Forecast Period 2023 To 2030 | Data By Contrive Datum Insights Pvt Ltd. - GlobeNewswire

1 year ago 43

| Source: Contrive Datum Insights Pvt Ltd


Farmington, Jan. 10, 2023 (GLOBE NEWSWIRE) -- The Global Acne Medicine Market Size Reached US$ 6.1 Billion In 2022. And It Is Expected To Grow astatine a CAGR of 7.4% During 2022-2230. The marketplace is expected to turn dilatory implicit the adjacent fewer years. This tin beryllium explained by things similar caller manner trends, unhealthy lifestyles, and much radical getting sick.

Acne is simply a communal tegument occupation that affects much than 9.4 cardinal radical each implicit the world. The main origin is atrocious hormone production. This information starts erstwhile the lipid glands nether the tegument get bigger, which is caused by an summation successful androgen (oestrogen successful women) during puberty. This makes the tegument marque excessively overmuch sebum, which breaks down the compartment walls and pores and lets bacteria in. Some studies amusement that a person's genes tin marque them much apt to get acne, but different things similar affectional stress, menstruation, blistery and humid weather, and agleam jewellery tin besides origin acne.

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Recent Developments:

  • In January 2022, Procter & Gamble announced the strategical acquisition of Tula Skincare, which volition adhd the brand's wellness to its rapidly increasing portfolio of prestige products, including SK-II, First Aid Beauty, Ouai Hair Care, and Farmacy Beauty.
  • In November 2022, Murad Inc., a subsidiary of Unilever, launched a lineup of skincare supplement products for acne and anti-aging. These products see vegan, rejuvenating, agleam + even, wide tegument successful gel capsules that are clinically proven for health.
  • In September 2022, Beiersdorf's renowned brand, NIVEA MEN, extends its palmy planetary concern with Real Madrid for 3 much seasons, until 2025. This collaboration volition fortify our absorption connected integer initiatives to scope younger consumers.

Regional Outlook:

North America has the biggest stock of the marketplace for acne treatments, and this is expected to enactment existent implicit the adjacent fewer years. This is due to the fact that of things similar the unhealthy lifestyles and diets of radical who unrecorded successful cities, which marque acne much communal successful this area. For example, according to the 2022 American Academy of Dermatology, astir 50 cardinal radical successful the United States had acne successful 2021(AAD). Bausch Health Companies Inc., Mylan N.V., Pfizer Inc., and Johnson & Johnson volition besides assistance the region's marketplace grow.

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Scope of Report:

Report AttributesDetails
Growth RateCAGR of 7.4% from 2023 to 2030.
Revenue Forecast by 2022                        USD 6.1 Billion
By TypePrescription Medicine, Over-the-counter (OTC) Medicine, Other
By ApplicationsInflammatory Acne, Non-inflammatory Acne, Other
By Route of AdministrationTopical, Oral, Injectable, Other
By Companies Allergan, Nestle (Galderma), Johnson & Johnson, Mayne Pharma, Mylan, Pfizer, Vyome Biosciences, Foamix Pharmaceuticals, Valeant Pharmaceuticals, BioPharm
Regions and Countries Covered
  • North America: (US, Canada, Mexico, Rest of North America)
  • Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
  • The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
  • Latin America(Brazil, Argentina, Rest of Latin America)
  • Rest Of the World
Base Year 2022
Historical Year 2017 to 2022
Forecast Year 2023 to 2030

Market Drivers:

Over the adjacent fewer years, the marketplace is apt to turn due to the fact that determination are much and amended acne treatments coming out. For example, successful April 2021, Bausch Health Companies Inc., a planetary healthcare company, and Ortho Dermatologics, 1 of the starring medicine dermatological wellness attraction companies, announced that their 2nd pivotal Phase 3 objective proceedings of IDP-126 had shown statistically important top-level results. A operation of retinoid, antibacterial, and antibiotic that is enactment connected the tegument to dainty acne vulgaris successful radical aged 9 and up. If it gets approved, the IDP-126 volition beryllium the archetypal merchandise to usage this triple combination.

Market Restraint:

The main things holding backmost the maturation of the planetary acne attraction marketplace are the precocious broadside effects of acne treatments and the increasing usage of alternate treatments. The benignant and magnitude of attraction volition find the broadside effects of acne medicines. For example, the astir communal broadside effects of acne treatments that you enactment connected your tegument are dryness and irritation. The effects of oral and topical drugs whitethorn beryllium different, but the broadside effects whitethorn beryllium the same. Serious broadside effects of acne medications see rashes oregon hives connected the skin, swelling of the face, lips, oregon tongue, terrible burning oregon swelling of the treated area, tightness successful the throat, shortness of breath, oregon occupation breathing.

Key Segments Covered:

Top Market Players:
Allergan, Nestle (Galderma), Johnson & Johnson, Mayne Pharma, Mylan, Pfizer, Vyome Biosciences, Foamix Pharmaceuticals, Valeant Pharmaceuticals, BioPharm, and others.

By Type

  • Prescription Medicine
  • Over-the-counter (OTC) Medicine
  • Other

By Route of Administration

  • Topical
  • Oral
  • Injectable
  • Other

By Application

  • Inflammatory Acne
  • Non-inflammatory Acne
  • Other

Regions and Countries Covered

  • North America: (US, Canada, Mexico, Rest of North America)
  • Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
  • Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
  • The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
  • Latin America: (Brazil, Argentina, Rest of Latin America)
  • Rest Of the World

Check retired much related studies published by Contrive Datum Insights:

  • Anti-Aging Medicine Market - The planetary Anti-Aging Medicine Market size was valued astatine USD 76500.42 Million successful 2022, and is projected to turn astatine a CAGR of 7.10% during the forecast play from 2022 to 2030. The North American anti-aging medicine marketplace is expected to person the biggest stock of the planetary anti-aging medicine marketplace successful presumption of revenue. This is due to the fact that North Americans walk much connected wellness attraction and determination are much manufacturers successful North America. 
  • Incontinence Skin Care And Body Wash Market - The Global Incontinence Skin Care and Body Wash Market size is expected to turn astatine a CAGR of 4.1% betwixt 2022 and 2030. In 2020, the North American marketplace had the biggest stock of the market, and it is expected to turn astatine a accelerated complaint implicit the valuation period.
  • Natural & Organic Makeup Market - The Global Natural and integrated cosmetics Market is projected to turn astatine a important complaint of 9.76% from 2022 to 2030 to scope a marketplace worth of USD 33.04 cardinal by 2030. In presumption of gross share, North America has the largest marketplace for earthy and integrated cosmetics astir the world.

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