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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Increase Prevalence of Acne is Driving the Market Growth
Acne vulgaris is a common skin condition affecting the world population, with the highest prevalence among adolescents. It affects more men than women of all ethnic groups. Acne is the most common skin condition in the United States, affecting approximately 50 million Americans each year, according to the American Academy of Dermatology.
The increasing prevalence and severity of acne is driving the global acne vulgaris treatment market. Acne vulgaris is the most common acne disease with a significant psychological impact on adult female victims. About 80% of teenagers between the ages of 12 and 25 have acne. The indisposition of acne has led researchers to investigate the pathological factors of acne treatments.
Additionally, technological advancements that offer fewer demanding features and proven results can be seen as future market opportunities to drive global severe acne vulgaris treatment market growth.
Increase in Expenditure on Cosmetic Products Driving the Severe Acne Vulgaris Treatment Market
The demand for minimally invasive cosmetic procedures is growing significantly worldwide. Dermatologists prefer to treat skin conditions with topical or minimally invasive procedures over surgical methods. Better informed decision-making, better patient-doctor relationships, and better-documented procedures will lead to increased demand for treatments for facial and skin problems. This has led to the adoption of less painful procedures for combined aesthetic therapy.
In addition, the increase in expenditure on cosmetic products and the increase in awareness of diseases among people are fuelling the growth of the global severe acne vulgaris treatment market.
Severe Acne Vulgaris Treatment Market Report Snapshots
Severe Acne Vulgaris Treatment Market Size
Severe Acne Vulgaris Treatment Market Growth
Severe Acne Vulgaris Treatment Companies
*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.*
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Key Questions Answered in the Report
The market attained a value of about USD 10.30 billion in 2023, driven by the increased prevalence of severe cane vulgaris, especially amongst youth.
The market is likely to grow at a CAGR of 4.93% during the forecast period of 2024-2032, likely to reach a value of about USD 15.90 billion by 2032.
The major regions in the industry are North America, Latin America, the Middle East, Africa, Europe, and the Asia Pacific, with North America accounting for the largest share of the market.
Asia Pacific region has the highest growth rate in the severe acne vulgaris treatment market.
AbbVie, Inc (Allergen), Botanix Pharmaceuticals Ltd., Galderma S.A., Bausch Health Companies Inc., GlaxoSmithKline Plc., Johnson & Johnson Services Inc., Almirall S.AHospira, Inc., Viatris (Mylan N.V.), Sun Pharmaceutical Industries Ltd., Pfizer Inc., Teva Pharmaceutical Industries Ltd., Bayer AG, Perrigo Company Plc., and Boston Scientific Corporation (Lumenis). are among the key players in the market.
Based on the drugs, the global severe acne vulgaris treatment market can be segmented into prescription medicines and over-the-counter medicines.
Based on the types, the market can be segmented into inflammatory acne and non-inflammatory acne.
Based on the distribution channel, the market can be segmented into retail store, pharmacy and drug store, and e-commerce.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
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.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124