Global Acne Treatment Market

Acne Treatment Market Size, Share, Growth Analysis, By Type(Retinoids, Antibiotics, Isotretinoin, Others), By Route of Administration(Oral, Topical), By Age Group(10 to 17, 18 to 44, 45 to 64, 65 Above), By Distribution Channel(Hospital Pharmacies, Retail & Online Pharmacies), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35B2040 | Region: Global | Published Date: July, 2001
Pages: 165 | Tables: 117 | Figures: 77

Acne Treatment Market Insights

Acne Treatment Market size was valued at USD 9.164 billion in 2019 and is poised to grow from USD 9.6 billion in 2023 to USD 13.2 billion by 2031, growing at a CAGR of 4.63% in the forecast period (2024-2031).

Acne is a skin ailment caused by clogged hair follicles with dead skin cells and oil. Although it affects people of various ages, this ailment is most frequent in adolescents. Antibiotics, retinoids, and retinoid-like medicines are the most commonly used medications. One of the primary reasons driving worldwide demand for the product over the predicted period is the rising frequency of skin problems.

Factors such as the rising incidence of acne vulgaris in teens and adults, rising sedentary lifestyles and bad eating habits, and rising desire for less invasive cosmetic treatment techniques have increased demand and spurred the market expansion. However, safety concerns about the medications used for acne therapy are impeding market expansion.

Acne vulgaris is a prevalent skin disorder that affects around 9.4% of the world's population, with teens having the highest frequency. It affects nearly 90% of men and 80% of women across all ethnic groupings. Acne is the most prevalent skin problem in the United States, impacting 50 million people each year, according to the American Academy of Dermatology Association. 

Additional research has found that the likelihood of having acne rises owing to a variety of variables including genetics, mental stress, menstruation, hot and humid weather, and oily cosmetics.

US Acne Treatment Market is poised to grow at a sustainable CAGR for the next forecast year.

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Acne Treatment Market size was valued at USD 9.164 billion in 2019 and is poised to grow from USD 9.6 billion in 2023 to USD 13.2 billion by 2031, growing at a CAGR of 4.63% in the forecast period (2024-2031).

The market is characterized by a high number of prominent firms that provide a wide range of medications. The significant corporations will have a solid revenue position as well as a diverse medicinal product portfolio. These firms have a strong foothold in key growth areas. The competitive environment also includes enterprises of a lesser scale with restricted product offers. 'Nestle Skin Health', 'Johnson & Johnson', 'Allergan', 'Galderma', 'Stiefel Laboratories', 'Valeant Pharmaceuticals', 'GlaxoSmithKline', 'Bayer AG', 'Teva Pharmaceuticals', 'Pfizer', 'L'Oreal S.A.', 'Proactiv Solutions', 'Beiersdorf AG', 'Unilever', 'Rohto Pharmaceutical Co. Ltd.', 'Guthy-Renker LLC', 'Murad Inc.', 'Kao Corporation', 'BioPharmX Corporation', 'Dermira Inc.'

Skin disorders are becoming more common all around the world. As a result, the number of patients choosing the treatment is fast expanding in North America, Europe, and the Asia Pacific. The advent of numerous acne therapy medications, such as retinoids, isotretinoin, and antibiotics in oral and topical forms is raising knowledge of acne products and available treatment alternatives. As a result, rising patient awareness is expected to drive market expansion.

Minimally Invasive Therapies on the go: Globally, the demand for minimally invasive cosmetic treatment methods are skyrocketing. Dermatologists prefer to treat skin problems with topical agents or less invasive techniques rather than surgery. More educated decision-making, improved patient-physician interactions, and well-documented procedures are driving up demand for treatments for face and skin disorders. This has prompted the use of less painful cosmetic combination treatment methods.

In 2022, North America accounted for USD 4.80 billion. The region’s dominance is due to the increasing frequency of acne throughout the region, as well as rising population concerns about appearance. As a result, big firms are launching new medications in the North American market. Europe will be the second leading market in terms of market size. Presence of well-established companies with a large consumer base is expected to enable more growth opportunities for the European market.

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Global Acne Treatment Market

Report ID: SQMIG35B2040

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