The global acne drugs market reached a value of US$ 4.82 Billion in 2020. Looking forward, the analyst expects the market to grow at a CAGR of 4.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Acne drugs refer to the medications used for treating a dermatological infection characterized by the inflammation in the hair follicles on skin. It is usually caused by hormonal imbalance, oily skin, accumulation of dead skin cells, bacteria, stress, inadequate intake of water and excessive consumption of sugars, salts or carbohydrates. Some of the commonly used acne drugs include topical medications, such as retinoids, salicylic and azelaic acid-based ointments and dapsone-based gels, along with antibiotics, anti-androgen agents and isotretinoin. These drugs minimize the levels of oil production in the body, speed up skin cell turnover, control acne breakouts, reduce scarring and damage to the skin and prevent inflammation.
The increasing prevalence of skin-related diseases, such as acne vulgaris, is one of the key factors driving the growth of the market. Moreover, rising awareness among the masses regarding the benefits of using premium skin care products is driving the market growth. The market is further being driven by the development of effective therapeutics and treatment alternatives with reduced side effects and high potential. Increasing consumer preference for products manufactured using natural ingredients is acting as another growth-inducing factor. Manufacturers are, therefore, developing products infused with natural herbs and organic ingredients, such as aloe vera, green tea, honey, jojoba oil and rosemary, for treating acne. Other factors, including rising expenditure capacities of consumers, along with the proliferation of online retail platforms that offer customized acne drugs according to the user’s skin type, are expected to create a positive outlook for the market.
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 United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being 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 and Teva Pharmaceutical Industries Ltd. Key Questions Answered in This Report:
How has the global acne drugs market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global acne drugs market? What are the key regional markets? What is the breakup of the market based on the acne type? What is the breakup of the market based on the drug class? What is the breakup of the market based on the drug type? What is the breakup of the market based on the route of administration? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global acne drugs market and who are the key players? What is the degree of competition in the industry?
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