Acne Treatment Market Overview :

Acne treatment refers to administering numerous types of ointments and medications to lighten the tone of affected areas. A balanced diet is also a vital aspect of acne treatment, and this aspect has played a crucial role in the acne treatment market's growth. In addition, the increasing requirement for better medications for acne treatment has encouraged stakeholders to invest heavily in the market.

According to the MRFR reports, the Acne Treatment Market will register a CAGR of 5.03% during the review timeframe from 2020 to 2027. The market was valued at USD 5,383.05 million in 2019.

The growth of the acne treatment market is driven by factors like rising demand for minimally invasive cosmetic treatments, increasing unhealthy food habits, rising sedentary lifestyles, and the growing prevalence of acne vulgaris conditions in adults and teenagers. Furthermore, the growing adoption is one of the major aspects catalyzing the growth of the acne treatment market worldwide. However, the market growth is likely to be impeded by the rising concerns regarding the use of products.

Acne Treatment Market Segment Analysis :

The acne treatment market has been classification based on end-user, route of administration, drug type, treatment, and acne type. The market has been segmented as moderate to severe acne, mild acne, and moderate acne based on acne type. Based on treatment, the market classification is done as therapeutic and medication devices. Among these, the medication segment dominated the market with the largest market share of 86.6% in 2019, given the rise in approvals of newer medication for acne treatment.

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By drug type, the acne treatment market is divided into prescription and OTC. The OTC segment registered maximum market share in 2019 given by frequent purchases by the population with mild acne. Based on end-user, the market classification is done as specialty centers and hospitals & clinics. The hospitals & clinics segment registered for the largest market share of over 55.42% in 2019 due to skin disorders' increasing prevalence.

Acne Treatment Market Regional Analysis :

The global acne treatment market has been classified into regions like Middle East & Africa, Asia-Pacific, Europe, North America, and South America. North American acne treatment market dominated the global market in 2019, with the largest market share attributing to technological advancements, product launches, and acne and skin disorders in the region. The European regional market for acne treatment held the second position with the second-largest market share in 2019, given by a well-developed medical industry and the organic growth strategies of companies in the region.

The increase in focus by companies in the region on developments and launches of new products is also likely to boost the regional market's growth. Asia-Pacific region is projected to record the highest CAGR over the review timeframe from 2020 to 2027. The growth is primarily driven by many pharmaceutical companies' presence, increased government initiative, and a high incidence of acne. The Middle East & Africa region is projected to register a steady growth rate in the forecasted era. The major aspects driving the market growth are the funding by private players and government bodies and the increasing prevalence of acne.

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Acne Treatment Market Competitive Analysis :
The leading players in the global acne treatment market include companies like Vyne Therapeutics Inc., Teva Pharmaceutical Industries Ltd, Leo Pharma A/S, Hoffman La Roche Ltd, Almirall, S.A., Candela Corporation, Johnson & Johnson Services Inc, Bausch Health Companies Inc, Galderma Laboratories and GlaxoSmithKline plc. among several others.