Global Acne Medication Market Report to be Driven by Advancements in Formulations in the Forecast Period of 2021-2026

30 NORTH GOULD STREET, SHERIDAN, WYOMING, UNITED STATES, October 14, 2022 /EINPresswire.com/ -- The new report by Expert Market Research titled, ‘Global Acne Medication Market Size, Share, Growth, Analysis, Report and Forecast 2021-2026’, gives an in-depth analysis of the global acne medication market, assessing the market based on its segments like therapeutic class, formulation, type, acne-type, distribution channel and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/acne-medication-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

Historical Market Size (2020): USD 8.9 billion
Forecast CAGR (2021-2027): 15%

The acne medication market is being driven by the increasing prevalence of acne and skin conditions across the world. The rising demand for acne medication can be attributed to the rising adoption of an unhealthy and sedentary lifestyle among the youth and middle-age population. Excessive sebum secretion and hormonal changes are common among teenagers and young adults, leading to acne.

Therefore, acne medication is necessary for the youth demographic. Meanwhile, increasing beauty standards with the advent of social media and the internet are augmenting the popularity of skin-care solutions, providing an impetus to the market. The rising investments of key players towards enhancing acne medication solutions are expected to aid the market growth in the forecast period.

Industry Definition and Major Segments

Acne vulgaris or acne is a common skin condition when hair follicles are plugged with dead skin cells and oil, causing whiteheads, pimples or blackheads. Although acne affects people of all ages, it is more prevalent among teenagers and young adults. Acne medication is used to treat the condition and it works by clearing away bacteria and drying up excess oils that lead to acne.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/acne-medication-market

The acne medication market, on the basis of therapeutic class, can be segmented into:

Retinoids
Antibiotics
Salicylic Acid
Benzoyl Peroxide
Others

On the basis of formulation, the market can be categorised into:

Topical Medications
Oral Medications

Based on type, can be segmented into:

Prescription Medication
Over-The-Counter Medication

On the basis of acne type, the market can be categorised into:

Non-Inflammatory Acne
Inflammatory Acne

Based on distribution channel, can be segmented into:

Retail Stores
Pharmacies
Online

The regional markets for acne medication include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Among these, North America represents a significant share of the global acne medication market.

Market Trends

Extensive research and development activities in the retinoids segment is expected to aid the market growth as it is highly efficient in clearing pores in order to treat moderate to severe acne. Progress in inflammatory acne medication research is expected to reduce the scarring and pain associated with the condition.

Furthermore, the rising disposable incomes in emerging markets like China, India and Argentina are expected to further enhance the product demand. The rapid technological advancements and increasing investments by the key players to develop innovative solutions with the advanced formulations are anticipated to significantly contribute to the market growth.

Key Market Players

The major players in the market are Almirall, S.A, Bausch Health Companies Inc., GlaxoSmithKline plc., Johnson & Johnson Services, Inc. and Galderma S.A. among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Socks market: https://www.expertmarketresearch.com/reports/socks-market

Concrete Pumps Market: https://www.expertmarketresearch.com/reports/concrete-pumps-market

Smart Electricity Meters Market: https://www.expertmarketresearch.com/reports/smart-electric-meter-market

Automotive Trim Market: https://www.expertmarketresearch.com/reports/automotive-trim-market

Halal Food Market: https://www.expertmarketresearch.com/reports/halal-food-market

Concrete Admixtures Market: https://www.expertmarketresearch.com/reports/concrete-admixtures-market

Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market

Lithium Ion Battery Manufacturers: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies

Organic Personal Care Ingredients Market: https://www.expertmarketresearch.com/reports/organic-personal-care-ingredients-market

Fuel Oil Market: https://www.expertmarketresearch.com/reports/fuel-oil-market

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

James Rowan
Expert Market Research
+1 415-325-5166
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Other