Middle East & Africa Acne Medication Market Forecast to 2030 - Regional Analysis - by Therapeutic Class (Retinoids, Benzoyl Peroxide, Antibiotics, Salicylic Acid, and Others), Formulation (Topical Medication and Oral Medication), Type (Prescription Medicine and Over-the-Counter Medicine), Acne Type (Non-Inflammatory Acne and Inflammatory Acne), and Distribution Channel (Pharmacies and Drug Stores, Retail Stores, and E-Commerce)
The Middle East & Africa acne medication market was valued at US$ 415.25 million in 2022 and is expected to reach US$ 548.39 million by 2030; it is estimated to register at a CAGR of 3.6% from 2023 to 2030.
Increasing Prevalence of Severe Acne Bolsters Middle East & Africa Acne Medication MarketSevere acne, often characterized by painful cysts, nodules, and persistent inflammation, presents a considerable challenge that can significantly impact people's quality of life. As per the 2022 GBD research, acne has a prevalence rate of 9.4%, ranking it eighth among the most common diseases in the world. Acne vulgaris affects over 85% of young individuals from the age group of 12-25. Such a high prevalence has led to an upsurge in the demand for effective acne medications tailored to address moderate to severe forms of the condition. As individuals seek ways to mitigate the physical and emotional burden associated with severe acne, there is a corresponding increase in the demand for advanced and more effective prescription and over-the-counter treatments. This trend prompts pharmaceutical companies to focus on developing innovative formulations, including topical retinoids, oral antibiotics, hormonal therapies, and advanced topical treatments, to address the complex needs of individuals with severe acne. The increasing prevalence of severe acne and an upsurge in associated costs to economies bolster the Middle East & Africa acne medication market growth.
Middle East & Africa Acne Medication Market OverviewThe Middle East & Africa acne medication market is further segmented into the UAE, Saudi Arabia, and South Africa. The market growth in this region can be associated with the huge population base, a surge in demand for pharmaceutical products, and the growing number of research studies being conducted in major countries. South Africa is one of the fastest-growing countries in the Middle East & Africa. The acne medication market in this country is driven by a rise in research & development activities, including pharmaceutical and skin care products, along with the flourishing healthcare infrastructure. The government of South Africa is promoting and offering several incentives for domestic manufacturing of drugs; these initiatives have the potential to boost the overall market growth in this country.
Middle East & Africa Acne Medication Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Acne Medication Market SegmentationThe Middle East & Africa acne medication market is segmented based on therapeutic class, formulation, type, acne type, distribution channel, and country.
Based on therapeutic class, the Middle East & Africa acne medication market is segmented into retinoids, benzoyl peroxide, antibiotics, salicylic acid, and others. The retinoids segment held the largest share in 2022.
In terms of formulation, the Middle East & Africa acne medication market is bifurcated into topical medication and oral medication. The topical medication segment held a larger largest share in 2022.
By type, the Middle East & Africa acne medication market is bifurcated into prescription medicine and over-the-counter medicine. The prescription medicine segment held a larger largest share in 2022.
Based on acne type, the Middle East & Africa acne medication market is bifurcated into non-inflammatory acne and inflammatory acne. The inflammatory acne segment held a larger share in 2022.
In terms of distribution channel, the Middle East & Africa acne medication market is segmented into pharmacies and drug stores, retail stores, and e-commerce. The pharmacies and drug stores segment held the largest share in 2022.
Based on country, the Middle East & Africa acne medication market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa acne medication market in 2022.
Sun Pharmaceutical Industries Ltd, Teva Pharmaceutical Industries Ltd, Almirall SA, Johnson & Johnson, Bausch Health Companies Inc, Galderma SA, Pfizer Inc, GSK Plc, and Viatris Inc are some of the leading companies operating in the Middle East & Africa acne medication market.
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