Businesses can achieve practical and enduring results which are driven by accurate and timely research. Topical Use Acne Treatment Market report evaluates the growth rate and the market value based on market dynamics and growth inducing factors. It also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the Healthcare industry. Global Topical Use Acne Treatment Market report provides in-depth market data and forecast by analyzing key business trends and identifying potential growth avenues across the entire value chain. This Topical Use Acne Treatment Market report has been formed with the vigilant efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters.
Global Topical Use Acne Treatment Market is expected to rise from its initial estimated value of USD 5.33 billion in 2018 to an estimated value of USD 7.47 billion by 2026, registering a CAGR of 4.3% in the forecast period of 2019-2026.
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Global Topical Use Acne Treatment Market
Acne is an inflammatory skin situation, which creates pimples and spots, especially on the sensitive areas such as face, neck, shoulders, upper arms, back, and chest. The condition affects 3 in every 4 persons aged 11 to 30 years. More than 90 percent of world population is affected by acne at some point in their life. Although acne is a skin disease, it can lead to prominent emotional and psychological issues. Various studies have confirmed that, a person’s quality of life, self-esteem, and mood can be affected by acne. Acne is a chronic, inflammatory skin condition with a multifactorial pathogenesis. The cause of acne is due to hormonal changes during puberty and it is then further aggravated by genetic and other factors.
Topical acne treatments are creams, gels, or lotions that you apply directly to your skin. Benzoyl peroxide is an inexpensive, over-the-counter product that you can use to treat milder forms of acne.
In July 2016 the U.S. food and drug administration approved Differin Gel 0.1%, which is first in a class of drugs known as retinoids to be made available OTC for the treatment of acne, and contains the first new active ingredient for acne treatment for OTC use since the 1980s. Differin Gel 0.1% is approved for use in people 12 years of age and older.
According to a study published in retinoid education week in March 2018, it was found out that retinoids is one of the most effective ingredients available to treat acne. It was available to consumers only by prescription until last year but is now widely available over-the-counter.
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Segmentation: Global Topical Use Acne Treatment Market
The global market for topical use acne by the following sub-categories is presented
- By Product Type
- By Drug Class
- Anti-Inflammatory Drugs
- Combination Medications
- Hormonal Agents
- Oral Retinoid
- Topical Retinoid
- By Route of Administration
- By Geography
- North America
- South America
- Middle East and Africa
Key Developments in the Market:
- In March 2018, it was found out that retinoids is one of the most effective ingredients available to treat acne. It was available to consumers only by prescription but is now widely available over-the-counter.
- In July 2016 the U.S. food and drug administration approved Differin Gel 0.1%, which is first in a class of drugs known as retinoids to be made available OTC for the treatment of acne, and contains the first new active ingredient for acne treatment for OTC use since the 1980s.
Competitive Analysis: Global Topical Use Acne Treatment Market
Global topical use acne treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of topical use acne treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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