Market Overview:
The global acne medication market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of acne, rising awareness about available treatment options, and growing demand for over-the-counter (OTC) products. The global acne medication market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into topical medication and oral medication. Topical medications are further subsegmented into antibiotics, retinoids/retinoid analogs/derivatives), benzoyl peroxide preparations), hormonal therapies (birth control pills), and others (salicylic acid preparations). Oral medications are further subsegmented into antibiotics, isotretinoin preparations), antiandrogens ), hormones therapy ), and others ). On the basis of application, the market is segmented into hospital pharmacies,, drugstores,, online retail,, and others ). Geographically,. North America accounted for largest share in 2017 due to high prevalence rate of acne among population coupled with rising awareness about available treatment options.
Product Definition:
Acne medication is a type of drug that is used to treat acne. Acne is a skin condition that occurs when the pores become clogged with oil and dead skin cells. This can lead to blackheads, whiteheads, pimples, and cysts. Acne medication can help to clear up the skin by unclogging the pores and killing bacteria.
Topical Medication:
Topical medication is the drugs applied to the skin. Topical medications are used for treating acne and can be used by both men and women of any age. The topical medications available in the market vary in terms of their type, strength, route of administration, and indications.
Oral Medication:
Oral medications are drugs that are taken in the mouth. They may be prescribed by a doctor or purchased over-the-counter (OTC). Most of the time, they come in tablet form and require no further action on the part of the patient other than swallowing. Some medications, such as creams and gels, also require that patients apply them directly to affected areas for proper results.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The other applications include military pharmacies, walk-in clinics and private practices. Military pharmacies are expected to be the fastest-growing segment owing to increasing number of soldiers¢â‚¬â„¢ acne problems due to high prevalence of acne vulgaris across the globe. In addition, growing awareness about treatment options among soldiers is anticipated to further boost market growth over the forecast period.
Drugstore is expected to be one of the fastest-growing segments during forecast years as many drugstores have started offering medication for acne at low costs which attracts a large customer base with moderate incomes who can afford these medications easily on a daily basis without exceeding budget limits set by parents or guardians for medical expenses each year around April 2018 when major big box stores such as Walmart.
Regional Analysis:
North America dominated the global acne medication market in 2017. The presence of key players, advanced healthcare infrastructure and high consumer awareness are some of the factors responsible for its large share. Moreover, increasing cases of skin-related diseases due to increased exposure to pollution and stress are expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising disposable income coupled with growing consumer awareness regarding treatment options for acne vulgaris. In addition, an increase in spending capacity among middle-class groups is projecteded as a major driving factor for this region’s development over next few years.
Growth Factors:
- Increasing incidence of acne across the globe
- Growing awareness about acne and its treatment options
- Rising demand for over-the-counter acne medications
- Proliferation of online retail channels for selling acne medications
- Growing focus on research and development activities to develop novel therapies for treating acne
Scope Of The Report
Report Attributes
Report Details
Report Title
Acne Medication Market Research Report
By Type
Topical Medication, Oral Medication
By Application
Hospital Pharmacies, Drugstore, Online Retail, Others
By Companies
Stiefel, GALDERMA, VALEANT, Allergan, TEVA, Mylan, Mayne Pharma, HUAPONT PHARM, SPH, SUN PHARMA, Stiefel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Acne Medication Market Report Segments:
The global Acne Medication market is segmented on the basis of:
Types
Topical Medication, Oral Medication
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Pharmacies, Drugstore, Online Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stiefel
- GALDERMA
- VALEANT
- Allergan
- TEVA
- Mylan
- Mayne Pharma
- HUAPONT PHARM
- SPH
- SUN PHARMA
- Stiefel
Highlights of The Acne Medication Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Topical Medication
- Oral Medication
- By Application:
- Hospital Pharmacies
- Drugstore
- Online Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acne Medication Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acne medication is a type of medication used to treat acne. Acne medications work by clearing up the skin and preventing new pimples from forming.
Some of the major companies in the acne medication market are Stiefel, GALDERMA, VALEANT, Allergan, TEVA, Mylan, Mayne Pharma, HUAPONT PHARM, SPH, SUN PHARMA, Stiefel.
The acne medication market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acne Medication Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Acne Medication Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acne Medication Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Acne Medication Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Acne Medication Market Size & Forecast, 2020-2028
4.5.1 Acne Medication Market Size and Y-o-Y Growth
4.5.2 Acne Medication Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Topical Medication
5.2.2 Oral Medication
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital Pharmacies
6.2.2 Drugstore
6.2.3 Online Retail
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acne Medication Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acne Medication Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Topical Medication
9.6.2 Oral Medication
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital Pharmacies
9.10.2 Drugstore
9.10.3 Online Retail
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Topical Medication
10.6.2 Oral Medication
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital Pharmacies
10.10.2 Drugstore
10.10.3 Online Retail
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Topical Medication
11.6.2 Oral Medication
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital Pharmacies
11.10.2 Drugstore
11.10.3 Online Retail
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Topical Medication
12.6.2 Oral Medication
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital Pharmacies
12.10.2 Drugstore
12.10.3 Online Retail
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Topical Medication
13.6.2 Oral Medication
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital Pharmacies
13.10.2 Drugstore
13.10.3 Online Retail
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acne Medication Market: Competitive Dashboard
14.2 Global Acne Medication Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stiefel
14.3.2 GALDERMA
14.3.3 VALEANT
14.3.4 Allergan
14.3.5 TEVA
14.3.6 Mylan
14.3.7 Mayne Pharma
14.3.8 HUAPONT PHARM
14.3.9 SPH
14.3.10 SUN PHARMA
14.3.11 Stiefel
