About Topical Use Acne Treatment
Acne is a skin condition that occurs when your hair follicles become blocked with oil and dead skin cells. It is common in teenagers, it can persist into adulthood, and primarily affects women. Diet and nutrient intake determine a person's overall health. The foods that are high in refined carbohydrates increase insulin, which leads to hormonal problems and promotes acne formation. Most of the acne treatment is done by drying out the skin, making it a less inviting place for acne-causing and acne-promoting microbes to thrive. It is treated either with drugs or therapeutically. The topical application of acne treatment is used to reduce the severity and frequency of acne growth. Topical treatments such as retinoid, antibiotics, and dapsone are used to open the pores and kill the bacteria, making it effective for both light and severe acne treatment. Acne, which affects the most common skin conditions, affects nearly 50 million Americans annually, according to the American Academy of Dermatology. It has been found that at least 85.0% of people between the ages of 12 and 24 have mild acne. It can appear at any stage of life and persist in the 30s and 40s.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Topical Use Acne Treatment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GSK (United Kingdom), Johnson & Johnson (United States), Roche Holding AG (Switzerland), Galderma (Switzerland), Foamix Pharmaceuticals (Israel), Allergan Inc. (Israel), Bausch Health (Canada), Teva Pharmaceutical Industries (Israel), Dermira, Inc. (United States) and Reckitt Benckiser (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Topical Use Acne Treatment market by Type (Inflammatory Acne, Cystic Acne and Post-Surgical/Wound Acne), Application (Hospital Pharmacies, Retail Pharmacies and Online Pharmacies) and Region.
On the basis of geography, the market of Topical Use Acne Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Drug Type, the sub-segment i.e. Antibiotics will boost the Topical Use Acne Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Administration, the sub-segment i.e. Prescription will boost the Topical Use Acne Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Sedentary Lifestyles and Unhealthy Lifestyles, Increasing Demand for Faster Treatments and Quicker Results and Increase In Focus on Skin Care Products
Market Growth Drivers:
The Rise in Disposable Income of Consumers, Increasing Awareness about Upcoming Trends in Acne Treatments and High Prevalence of Acne Globally
Challenges:
Presence of Alternatives for Acne Treatment
Restraints:
Side Effects Associated With Acne Medications
Opportunities:
A Surge in Healthcare Expenditure, And Rise in Awareness about Safe Acne Medication Products and Rise in the Utilization Rate of Topical Medications for Acne Treatment Owing To the High Availability of Acne Products, With a High Success Rate and Lesser Side Effects
Market Leaders and their expansionary development strategies
In august 2021, Sun pharmaceutical industries Ltd, has acquired the cassiopea SPA for exclusive distribution rights of winlevi. The brand has approval for usage in treatment of acne for patients 12 years and above.
In July 2022, Glenmark Pharmaceuticals Ltd has launched topical Minocycline four per cent gel for the treatment of moderate to severe acne under the brand name. It is a potent antibacterial gel that exerts a strong anti-inflammatory action.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, and Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.