In 2024, the global market for acne drugs market is projected to be worth USD 13.4 billion, with a compound annual growth rate (CAGR) of 5.3% anticipated over the forecast period. When oil and dead skin cells clog hair follicles, acne, a skin ailment, develops. Although it affects people of all ages, teens are particularly susceptible to this illness.
The market is expanding due to rising clinical approval of medications and rising prevalence of skin conditions. Skin conditions have become more commonplace worldwide. The introduction of new medications and effective acne treatments further accelerate market expansion.
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Growth Drivers
More people are now able to purchase skincare and medical supplies because to rising disposable income, particularly in emerging economies. More people are seeking medical advice and undergoing acne treatments as a result of the growing emphasis on skincare and aesthetic appearance. Biologics and combination therapy are two new acne remedies that have been introduced as a result of ongoing research and development.
The industry has grown significantly as a result of modern lifestyle choices such poor eating habits, excessive stress, and pollution exposure. Over 9% of people worldwide suffer from acne, the most prevalent skin condition. The high incidence of acne necessitates the use of acne medications that effectively treat the condition.
Segmentation
By Route of Administration
· Oral
· Topical
By Distribution Channel
· Hospital Pharmacies
· Retail Pharmacies
· Online Pharmacies
By Products
· Retinoids
· Antibiotics
· Isotretinoin
· Others
By Age-Group
· Teenagers
· Adult people
· Geriatric people
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Middle East and Africa
· Europe
Key Players
· ABBVIE INC.
· Botanix Pharmaceuticals
· GALDERMA
· Bausch Health Companies Inc.
· GlaxoSmithKline Plc.
· Bayer AG
· Johnson & Johnson Services, Inc.
· Pfizer Inc.
· Teva Pharmaceutical Industries Ltd.
· Other Players
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