Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The acne therapeutics market size was valued at USD 7.7 billion in 2023, driven by the rising emphasis on improving facial aesthetics across the major markets. The market is expected to grow at a CAGR of 4.6% during the forecast period of 2024-2032, with the values likely to rise from USD 8.1 billion in 2024 to USD 11.6 billion by 2032.
The prevalence of acne is around 80% in adolescents, however, adult acne is also on the rise, projected to affect nearly 40% of the global population. Around 20% of the acne patients experience moderate to severe acne. While it is not a life-threatening condition, acne comes with psychosocial baggage and may lead to psychological issues such as anxiety, low self-esteem, and even depression. Consequently, the emergence of new treatments with the integration of the latest technologies has become one of the major acne therapeutics market trends in recent years.
Acne therapeutics include topicals and drugs such as hormonal agents or antibiotics. The alternatives vary, based on age, type, and severity of the acne. Therapies like light therapy and chemical peels are also used in some conditions. The acne therapeutics market growth is driven by expediated drug development leading to subsequent growth in FDA approvals. There is an increased focus on offering better therapeutic solutions by merging the latest gene-based therapies with combination therapies.
To meet the rising acne therapeutics market demand, there has been growing application of latest technologies such as artificial intelligence to develop dermatology drugs. In November 2023, a biopharmaceutical company, Almirall, with dermatology as a major domain and Absci Corporation, a generative artificial intelligence drug creation company collaborated to offer customized medicines by incorporating AI.
Rising Emphasis on Combating Antibiotic Resistance
Antibiotics for acne treatment have also been a major area of interest amongst researchers. However, broad spectrum antibiotics target both good as well as bad bacteria and antibiotic resistance, which is another key constraint that has emerged in recent years. Therefore, there is ongoing research for effective alternatives leading to substantial growth in the acne therapeutics market share.
A new Yale study, published in March 2023, examined the role of third generation of tetracycline derivative Sarecycline which directly targets Cutibacterium acnes and other gram-positive bacteria, mostly responsible for causing acne. This derivative has gained high prevalence owing to its structural competence over others, which limits the chances of mutation, therefore, opposing antibiotic resistance.
Growth in the Incidence of FDA Approvals to be a Key Driver for Market Demand
The acne therapeutics market growth is driven by increasing drug development activity and marketing authorizations by regulatory bodies. In October 2023, the FDA approved Cabtreo (clindamycin 1.2%/adapalene 0.15%/benzoyl peroxide 3.1%), which is a triple-combination topical treatment for acne. Developed by Bausch Health Companies Inc. and their dermatology business Ortho Dermatologics, this treatment combines the action mechanism of an antibiotic, retinoid and antibacterials. Isotretinoin is another high-dose vitamin A medication that shrinks sebaceous glands along with getting rid of breakout causing bacteria.
In April 2023, Dermata Therapeutics also received a positive response for initiating phase III studies for evaluating their latest once-a-week topical acne treatment DMT310. Derived from naturally sourced freshwater sponge, this drug is also being studied to treat rosacea and psoriasis. To expand their product line, the company is working towards developing a new candidate DMT410, that will employ a needle free intradermal administration of botulinum toxin to treat various aesthetic and medical skin conditions. Consequently, the acne therapeutics market size is expected to grow with ongoing advancements in the pharmaceutical domain.
Market Breakup by Injury Type
Market Breakup by Treatment Type
Market Breakup by Route of Administration
Market Breakup by End User
Market Breakup by Region
Acne is the most common skin condition in the United States, affecting approximately 3 million people every year. So, the United States is anticipated to lead the acne therapeutics market share. The emphasis on product line expansion is a vital aspect of the market size. In October 2023, Crown Therapeutics unveiled two new products in their dermatologist backed award winning product line. PanOxyl Clarifying Exfoliant with 2% Salicylic Acid and PanOxyl Adapalene 0.1% Gel are clinically proven to treat acne with their high-performance ingredients.
Europe is another key player of the market with hefty investments occurring in various key conditions. In March 2023, a Swedish pharmaceutical company, Vakona, received USD 13.4 million investment from five investors to develop a new acne treatment drug. In addition, the presence of academic and research institutions is also a key aspect of growing market value.
The Asia Pacific acne therapeutics market value is expected to rise with increasing engagement of government and private sector companies to improve the healthcare infrastructure available in the region. In addition, there are several mergers and acquisitions occurring to offer better treatment alternatives to patients, which is fueling the market growth in the region.
In December 2023, Eligo Bioscience, a gene-editing company, received a USD 30 million Series B funding by Sanofi Ventures for their flagship program EB005. This program is aimed at treating moderate to severe acne vulgaris with the application of in vivo gene-editing techniques. Such investments indicate the growing trend of using novel technologies to address diseases triggered by expression of bacterial genes.
The key features of the acne therapeutics market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Injury Type |
|
Breakup by Treatment Type |
|
Breakup by Route of Administration |
|
Breakup by End User |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market attained a value of about USD 7.7 billion in 2023, driven by increasing emphasis on improving facial aesthetics across the globe.
The market is anticipated to grow at a CAGR of 4.6% during the forecast period of 2024-2032, likely to reach a market value of USD 11.6 billion by 2032.
The market demand is driven by the increasing incidence of acne and other dermatological issues in adolescents as well as adults. The growing research initiatives and investments by impactful pharmaceutical companies and research institutions, along with focus on offering personalised solutions to the patients, is another major factor driving the demand.
The major market trend involves the adoption of artificial intelligence to develop drugs. In November 2023, Almirall, a biopharmaceutical company in dermatology domain and Absci Corporation, a generative artificial intelligence drug creation company entered a partnership to develop acne drugs.
Based on injury types, the market is divided into complete and incomplete acne therapeutics.
The treatments in the market include therapeutics like retinoid, antibiotics, hormonal agents, anti-inflammatory, and other agents. There are some other treatments available in the market.
Major end users in the market include hospitals and clinics, among others.
The major regions of the market include the United States, Japan, EU-4, which is segmented into Germany, France, Italy, Spain, and the United Kingdom.
Key players involved in the market are Cipher Pharmaceuticals, GlaxoSmithKline PLC, L'Oréal S.A. (La Roche-Posay Laboratoire Dermatologique), Teva Pharmaceuticals, Sun Pharmaceuticals, Abbvie Inc., F. Hoffmann-la Roche Ltd., Viatris Inc., Johnson & Johnson, Bausch Health Companies Inc., Perricone MD, Glow Biotics LLC, Revision Skincare, The Beauty Health Company, and PHYTOMER.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124