Market Analysis and Insights:- Asia-Pacific Topical Use Acne Treatment Market
Asia-Pacific Topical Use Acne Treatment Market By Type (Comedonal Acne, Inflammatory Acne, Cystic Acne, Post-Surgical/Wound Acne), Medication Type (Prescription, OTC), Product (Antibiotics, Retinoid, Anti-Inflammatory Drugs, Combination Medications, Hormonal Agents, Other Agents), Device (Laser and others), Route of Administration (Oral, Topical), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) - Industry Trends and Forecast to 2026
Market Analysis: Asia-Pacific Topical Use Acne Treatment Market
Asia-Pacific topical use acne treatment market is registering a substantial CAGR in the forecast period of 2019-2026. This growth in market value can be attributed to growing incidence of acne disorders.
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Market Definition: Asia-Pacific Topical Use Acne Treatment Market
Acne is a skin disorder that is triggered by irritation of the skin glands or hair follicles and is marked by enlarged pores and pimples especially in certain places such as the head, back and chest, and others. Sebaceous glands are clogged or compromised during acne, resulting in acne development. It is most commonly found in children and teenagers, but also in babies and adults. Topical acne usage medication is used to reduce the effects and intensity of acne development. Topical medications, such as retinoid, dapsone, and antibiotics are used to unblock pores and kill bacteria, rendering them successful in moderate to extreme acne therapy.
• Increasing behavior and unhealthy eating patterns, drives the growth of the market
• Increase in throwaway income, drives the market growth
• Rising incidence of acne disorders, drives the market growth
• Presence of options to acne treatment, is driving the growth of market
• A lot of competition at market entry point, hampering the market growth
• Introduction of generics and brand recalls, effect on the growth of the market
• Adverse effects of the medicines, hindering the growth of market
• Safety concerns pertaining to the product, impact the growth of market
Segmentation: Asia-Pacific Topical Use Acne Treatment Market
• Comedonal Acne
• Inflammatory Acne
• Cystic Acne
• Post Surgical/Wound Acne
By Medication Type
• Anti-Inflammatory Drugs
• Combination Medications
• Hormonal Agents
• Other Agents
o Azelaic Acid
By Route of Administration
• South Korea
• Rest of Asia-Pacific
Key Developments in the Market:
• In July 2019, Dermatix, the company of A.Menarini Singapore Pte. Ltd, has just launched a new acne scar remedy, Dermatix Acne Scar formulated with Alpha Hydroxy Acids (AHAs), Niacinamide (Vitamin B3), and antioxidants, this delivers a gentle exfoliation to heal acne scars with a more healthy skin tone overall. With this launch, the company has expanded its product portfolio as well as increased its market share.
• In December 2018, Zydus Cadila has obtained final approval from the USFDA for the marketing of Clindamycin Phosphate and Benzoyl Peroxide Gel. It will be manufactured at the company's topical production facility in Ahmedabad. This drug is used to treat a certain type of acne (inflammatory acne vulgaris) and also helps to reduce the volume of acne on the body. With the approval of this drug, the company increases its sales and revenue which further grow their market size.
Asia-Pacific topical use acne treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of topical use acne treatment market for Asia-Pacific.
Key Market Competitors:
Few of the major market competitors currently working in the Asia-Pacific topical use acne treatment market are Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Merck & Co., Inc., Amgen Inc., Abbott, AstraZeneca, Eli Lilly and Company, DAIICHI SANKYO COMPANY, LIMITED, Mylan N.V., F. Hoffmann-La Roche Ltd, Bayer AG, Teva Pharmaceutical Industries, Sun Pharmaceutical Industries Ltd., ALLERGAN, Cipla Inc., Zydus Cadila and Otsuka Pharmaceutical Co., Ltd. among others.
Research Methodology: Asia-Pacific Topical Use Acne Treatment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others
Reasons to Purchase this Report
• Current and future of Asia-Pacific topical use acne treatment market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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Customization of the Report:
• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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BROWSE RELATED REPORTS
• Global Topical Use Acne Treatment Market – Industry Trends and Forecast to 2027
• North America Topical Use Acne Treatment Market - Industry Trends and Forecast to 2026
• Europe Topical Use Acne Treatment Market - Industry Trends and Forecast to 2026
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