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Acne Drugs Market Size, Shares, Growth, Segments, Industry Analysis & Outlook 2018-2024

Author: Kishor Deochake
by Kishor Deochake
Posted: Nov 29, 2018

Our latest research report entitled Acne Drugs Market (by type (OTC and prescription), route of administration and drug class (oral and topical), Acne is caused due to excess oil produced by glands on skin and leaves mark or scar on the surface of skin. Face, neck, shoulder and chest are the place where acne usually appears. size, trends, CAGR and forecast up to 2024.) provides complete and deep insights into the market dynamics and growth of Acne Drugs. Latest information on market risks, industry chain structure Acne Drugs cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Acne Drugs growth factors.

The forecast Acne Drugs Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Acne Drugs on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to report the global acne drugs market is projected to grow at a CAGR of 4.4% over the forecast period of 2018-2024.

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Acne is caused due to excess oil produced by glands on skin and leaves mark or scar on the surface of skin. Face, neck, shoulder and chest are the place where acne usually appears. It is an inflammatory and chronic skin disease. Whiteheads, pimples, blackheads, cysts, and nodules are the result of acne. Intensification in androgen level during puberty causes acne. The cellular wall breaks, due to growth in oil glands under the skin that leads to acne. Lack of sleep, smoking, drug misuse, emotional and work-related stress, and alcohol consumption are major activates that causes acne. among teenagers and adults. Acne treatment depends on the skin type and the seriousness of the condition. A permanent cure to the acne problems is offered by Laser treatment that prevents future pigmentation issues.

Increasing consciousness of acne problems among the individual and awareness of the current and upcoming treatments is expected to drive the growth of the market. Growing demand of cosmetic and change in lifestyles is likely to boost the growth in the market. In addition, increase in per capita has encouraged customers to spend more on personal care. On the other hand, lack of expertise and skilled dermatologist are likely to restraint the growth of the market. Moreover, availability of drugs without prescription and the preference for alternative therapies for treating acne has been restricting the sales of branded acne products. Furthermore, technology advancement and research conducted by pharmaceutical companies is likely to bring opportunities to this market. Moreover, high dispersion of pharmaceutical and biotech companies in the emerging regions such as LAMEA and Asia-Pacific bring growth opportunities in this market.

Among the regions, North America is expected to have largest market share for acne market followed by Europe over the forecast period. Change in life style, increase in awareness about acne problem, and availability of acne treatment options are likely to boost the growth of acne drugs market in this region. Moreover, Asia-Pacific is the fastest growing region owing to the growth in end use industry in china and India is likely to augment the market.

Segment Covered

The report on global acne drugs market covers segments such as, type, route of administration and drug class. On the basis of type the global acne drugs market is categorized into OTC and prescription. On the basis of route of administration the global acne drugs market is categorized into oral and topical. On the basis of drug class the global acne drugs market is categorized into antimicrobial, combination medications, antibiotics, anti-inflammatory drugs, hormonal agents, topical retinoid and oral retinoid.

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About the Author

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position.

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Author: Kishor Deochake

Kishor Deochake

Member since: Nov 20, 2018
Published articles: 461

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