(Companies: Allergan, Galderma S.A., Valeant Pharmaceutical International Inc., Teva Pharmaceutical Industries Ltd. and Johnson & Johnson Services, Inc.)
The global acne drugs market was valued at about $15.45 billion in 2018. North America was the largest region in the acne drugs market in 2018. The acne drugs market consists of sales of prescription acne drugs (Salicylic acid, Retin-A Micro, Onexton, and Solodyn) and related OTC non-prescription products (cleansers, lotions, gels, toners, masks and pads containing acne-fighting ingredients) which are used to treat skin diseases such as acne vulgaris and acne rosacea. Based on the type of acne, this market is segmented into inflammatory acne and non-inflammatory acne.
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The global acne drugs market is expected to grow to $20.48 billion at a rate of about 7.3% through 2022. An increase in the disposable income of people is one of the major drivers in the acne market. An increase in disposable income is usually due to an improved economy leading to increased wages and salaries boosting healthcare expenditure. In 2018, Disposable Income in India increased 13.67% when compared to 2017 i.e. from 169 million INR to 192 million INR. Rise in disposable income increased expenditure on facial care products is expected to continue, thereby driving the market in the forecast period.
Acne is a major problem worldwide, close to 90% of people suffer from some sort of acne.
Combination therapy is the latest trend in the acne market. Combination therapy is the process of combining two drugs with different mechanisms of action, such combinations of medication have a better efficacy and adherence when compared with monotherapy (the use of only a single drug by itself). The combination of a topical retinoid drug, which unclogs the pores, along with an antimicrobial drug, which is used to treat an infection, is being used to treat acne.
Major players in the market are ALLERGAN, Galderma S.A., Valeant Pharmaceutical International Inc., Teva Pharmaceutical Industries Ltd. and Johnson & Johnson Services, Inc. Allergan plc is an Irish pharmaceutical company that acquires, develops, and markets brand name drugs, and in 2017 generated 80% net sales from the U.S. healthcare system.
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Few Points From Table of Contents:
2. Acne Drugs Market Characteristics
3. Acne Drugs Market Size And Growth
3.1. Global Acne Drugs Historic Market, 2014 – 2018, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Acne Drugs Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Acne Drugs Market Segmentation
4.1. Global Acne Drugs Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Inflammatory Acne Drugs
Non-Inflammatory Acne Drugs
4.2. Global Acne Drugs Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Hospitals & Clinics
Pharmacies & Drug Stores
Ambulatory Surgical Centres
4.3. Global Acne Drugs Market, Segmentation By Therapeutic Class, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Retinoids
Antibiotics
Salicylic Acid
Benzoyl Peroxide
5. Acne Drugs Market Regional And Country Analysis
5.1. Global Acne Drugs Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
5.2. Global Acne Drugs Market, Split By Country, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
6. Asia-Pacific Acne Drugs Market
6.1. Asia-Pacific Acne Drugs Market Overview
6.2. Asia-Pacific Acne Drugs Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Acne Drugs Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
7. China Acne Drugs Market
7.1. China Acne Drugs Market Overview
7.2. China Acne Drugs Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F,$ Billion
7.3. China Acne Drugs Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F,$ Billion
8. India Acne Drugs Market
8.1. India Acne Drugs Market Overview
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