Global Acne Medication Market Growth 2023-2029
Acne, also known as acne vulgaris, is a long-term skin condition that occurs when dead skin cells and oil from the skin clog hair follicles. Typical features of the condition include blackheads or whiteheads, pimples, oily skin, and possible scarring. It primarily affects skin with a relatively high number of oil glands, including the face, upper part of the chest, and back. The resulting appearance can lead to anxiety, reduced self-esteem, and, in extreme cases, depression or thoughts of suicide.
LPI (LP Information)' newest research report, the “Acne Medication Industry Forecast” looks at past sales and reviews total world Acne Medication sales in 2022, providing a comprehensive analysis by region and market sector of projected Acne Medication sales for 2023 through 2029. With Acne Medication sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acne Medication industry.
This Insight Report provides a comprehensive analysis of the global Acne Medication landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acne Medication portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acne Medication market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acne Medication and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acne Medication.
The global Acne Medication market size is projected to grow from US$ 3537.9 million in 2022 to US$ 4509.5 million in 2029; it is expected to grow at a CAGR of 4509.5 from 2023 to 2029.
Global core acne medicine manufacturers include Galderma, Bausch Health, Teva etc.The top 3 companies hold a share about 50%. North America is the largest market, with a share about 50%, followed by Europe and Asia Pacific with the share about 25% and 15%.In terms of product, prescription medicine is the largest segment, with a share over 77%. And in terms of application, the largest application is topical, followed by oral.
This report presents a comprehensive overview, market shares, and growth opportunities of Acne Medication market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Topical Medication
Oral Medication
Segmentation by application
Hospital Pharmacies
Drugstore
Online Retail
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Stiefel
GALDERMA
VALEANT
Allergan
TEVA
Mylan
Mayne Pharma
HUAPONT PHARM
SPH
SUN PHARMA
Key Questions Addressed in this Report
What is the 10-year outlook for the global Acne Medication market?
What factors are driving Acne Medication market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Acne Medication market opportunities vary by end market size?
How does Acne Medication break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.