About Acne Vulgaris Drug
Acne vulgaris is a common chronic skin disease characterized by pilosebaceous unit blockage and/or inflammation hair follicles and their accompanying sebaceous gland. Acne can appear as noninflammatory lesions, inflammatory lesions, or a combination of the two, primarily on the face but also on the back and chest. Acne vulgaris is a common chronic skin disease characterized by pilosebaceous unit blockage and/or inflammation (hair follicles and their accompanying sebaceous gland). Acne can appear as noninflammatory lesions, inflammatory lesions, or a combination of the two, primarily on the face but also on the back and chest.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The competitive landscape has market growth due to the rising prevalence of skin-related diseases such as acne vulgaris. Furthermore, rising public awareness of the benefits of using premium skin care products is propelling market growth. The development of effective therapeutics and treatment alternatives with low side effects and high potential is also driving the market. Another growth-inducing factor is rising consumer preference for products made with natural ingredients. Analyst at AMA Research estimates that United States & United Kingdom Players will contribute the maximum growth to Global Acne Vulgaris Drug 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.
ALLERGEN (Ireland), BOTANIX PHARMACEUTICALS (Australia), GALDERMA (Switzerland), GLAXOSMITHKLINE PLC. (United Kingdom), BAYER AG (Germany), ALMIRALL SA (Spain), BAUSCH HEALTH COMPANIES INC. (Canada), GLAXOSMITHKLINE PLC (GSK) (United Kingdom), JOHNSON & JOHNSON (United States) and SUN PHARMACEUTICAL INDUSTRIES LIMITED (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are MAYNE PHARMA GROUP LIMITED (Australia) and MYLAN N.V. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Acne Vulgaris Drug market by Type (Comedonal, Inflammatory, Cystic and Postsurgical/Wound) and Region.
On the basis of geography, the market of Acne Vulgaris Drug has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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. OTC Drugs will boost the Acne Vulgaris Drug market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Class, the sub-segment i.e. Retinoids will boost the Acne Vulgaris Drug market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Route, the sub-segment i.e. Topical will boost the Acne Vulgaris Drug market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 9th December 2021, Sanofi has agreed to acquire Origimm Biotechnology, a privately held biotechnology company based in Austria that specialises in skin disease, which will add to Sanofi's pipeline of vaccine candidates.
On 25th March 2022, Galderma has announced the US launch of Twyneo (tretinoin 0.1% and benzoyl peroxide 3%) cream for the topical treatment of acne vulgaris in patients 9 years of age and older. Twyneo is a fixed-dose combination of tretinoin 0.1%, a retinoid, and benzoyl peroxide 3%, a topical antibacterial. The formulation of Twyneo uses silica core shell structures to separately microencapsulate tretinoin crystals and benzoyl peroxide crystals enabling inclusion of the 2 active ingredients in the cream.
Market Drivers
- Increasing Prevalence and Severity of Acne Vulgaris Drug
- Rise in Concern for Facial Aesthetics
Opportunities
- Increase in Prevalence of Acne Vulgaris Drug Condition in Teenagers and Adults
- Research and Development Activity Related to New Therapeutics with Lesser Side Effects
Restraints
- Stringent Government Rules and Regulation for Acne Vulgaris Drugs
Challenges
- Stringent Government Rules and Regulation for Acne Vulgaris Drugs
Key Target Audience
New Entrants and Investors, Analysts and Strategic Business Planners, Acne Vulgaris Drug Manufacturer, Acne Vulgaris Drug Distributors and Suppliers, Acne Vulgaris Drug Providers, Venture Capitalists and Private Equity Firms, Government Bodies, End-Users and Others
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.