Acne Treatment Market Size, Share & COVID-19 Impact Analysis, By Product (Retinoids, Antibiotics, Isotretinoin, and Others), By Route of Administration (Oral and Topical), By Age Group (10 to 17 Years, 18 to 44 Years, 45 to 64 Years, and 65 Years & Above), By Distribution Channel (Hospital Pharmacies and Retail & Online Pharmacies), and Regional Forecast, 2023-2030

The global acne treatment market size was valued at USD 10.48 billion in 2022 and the market is projected to grow from USD 11.09 billion in 2023 to USD 15.70 billion by 2030, exhibiting a CAGR of 5.1% during the forecast period.

Acne is a skin condition that arises when hair follicles get clogged with dead skin cells and oil. This condition is most common among teenagers, although it affects people of all ages. The most common medications are antibiotics, retinoids, and retinoid-like drugs. The increasing prevalence of skin disorders is one of the major factors augmenting the demand for acne treatment products globally during the forecast period.

• For instance, according to the National Center for Biotechnology Information (NCBI), the prevalence of acne affected 9.4% of the global population in 2022. It is the eighth most prevalent disease in the world.

COVID-19 IMPACT

Loss of Revenue in Drug Usage Experienced due to Decline in Patient Visits during COVID-19 Pandemic

The pandemic staggered the growth of drugs used to treat acne due to the reduced number of patients seeking treatment globally. Dominant players in the market reported severe losses in revenues due to COVID-19. Additionally, decreased production, redistribution of healthcare expenditure, disrupted supply chains, the closing of dermatology clinics, and other factors affected the sales of drugs, especially during 2020. For instance, a study conducted with dermatologists in the U.S. by the American Association of Dermatology reported an almost 43% decline in weekly patient consultations during the lockdown period compared to the pre-COVID-19 level.

However, later in 2021, patient visits to hospitals and clinics started increasing as the regulations imposed by governments were relaxed resulting in increasing patient numbers. Additionally, the increased cases of acne associated with prolonged use of medical face masks also supported the demand for drugs during the pandemic and post-pandemic years. For instance, according to an article published in HCPLive in August 2022, 50% of the survey respondents (healthcare providers) in Romania reported acne lesions during the COVID-19 pandemic.

LATEST TRENDS 

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Growing Clinical Approval of Drugs to Drive Market Growth

Rising prevalence of the condition among teenagers and adults has caught the attention of manufacturers, thereby boosting the demand for medications for acne treatment. Drug development focuses on the challenge of treating acne effectively and safely. For instance, the U.S. Food and Drug Administration (FDA) has given the nod for the new abbreviated drug application for topical retinoid adapalene gel USP 0.3%, manufactured by Alembic Pharmaceuticals for treating acne vulgaris. Similarly, in June 2022, Zydus Lifesciences received the U.S. FDA approval for the marketing of Adapalene and Benzoyl Peroxide topical gel in the U.S. This generic drug is used to treat acne.

Additionally, in January 2022, GALDERMA announced that it received antitrust clearance from the U.S. authorities and completed the acquisition of ALASTIN Skincare, Inc. to develop innovative and clinically-tested physician-dispensed skincare products.

DRIVING FACTORS

Rising Acne Prevalence Globally to Propel Market Growth

Globally, the prevalence of skin conditions has increased significantly. According to the American Association of Dermatology, in 2022, more than 50 million people in the U.S. will suffer from acne. Therefore, the number of patients opting for the treatment is increasing rapidly in developing and developed countries in North America, Europe, and Asia Pacific.

The introduction of various products used for the treatment, such as retinoids, isotretinoids, and antibiotics in oral and topical forms, is increasing awareness about acne products and available treatment options in the global population. Thus, increasing patient awareness is projected to propel market growth.

Launch of Novel Drugs to Propel Growth of the Market

The demand for effective drugs to treat this condition is rising due to the growing prevalence of the condition globally. Thus, the key companies are focusing on introducing novel drugs to meet the demand, which is the key trend for the market growth.

• In July 2022, Glenmark Pharmaceuticals launched a new acne drug, MINYM gel, in India. This is India’s first topical Minocycline 4% Gel to treat acne.


• In September 2021, Mayne Pharma Group Limited announced the launch of isotretinoin capsules, 10 mg, 20 mg, 30 mg, and 40 mg. In the U.S., isotretinoin capsules are a generic version of ABSORICA indicated to treat severe recalcitrant nodular acne.


• In June 2020, Bausch Health Companies Inc. launched ARAZLO lotion in the U.S. for patients nine years of age and older suffering from acne vulgaris.


• In March 2020, COSMEDIX, a global trailblazer in skincare products, announced the correct rapid relief acne treatment.

Moreover, efficient product marketing to intrigue the target population is another significant factor in increasing market growth. For instance, in March 2020, Derma Group launched a new website for Acne Ultra Clear.

RESTRAINING FACTORS

Side Effects Pertaining to Current Marketed Drugs is Limiting Adoption

Despite the higher prevalence of chronic acne globally, certain factors limit the adoption of acne treatment options. Among them is the side effect associated with drugs. According to the National Center for Biotechnology Information (NCBI), nausea, vomiting, or diarrhea are the most commonly seen side effects of antibiotics and are observed in around 7% of the total patients taking tetracycline and 4% of the patients taking macrolides.

The U.S. Food and Drug Administration (FDA) alerts about the usage of certain Over-the-Counter (OTC) medications that can cause potentially life-threatening allergic reactions or severe irritation. Additionally, antibiotics, such as tetracycline and clindamycin, which are majorly used to treat this condition, may create antibiotic resistance in the patients, which is projected to limit the market growth. For instance, according to the Centers for Disease Control and Prevention (CDC), more than 2.8 million people in the U.S. have observed antibiotic resistance.

SEGMENTATION

By Product Analysis

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High Efficiency for Treatment of Acne to Propel Growth of Antibiotics Segment

The market is divided into antibiotics, retinoids, isotretinoin, and others based on product.

The antibiotics segment held a dominant share of the market in 2022. This is attributable to the growing approval of antibiotics for acne treatment, along with their high efficiency in exudate management. Thus, antibiotics dominate the global market and are regarded as the highest shareowner regarding worth.

The retinoids segment is projected to register a higher CAGR by 2030, owing to the rising prevalence of moderate to severe acne and rising demand for retinoids. For instance, in February 2020, Sun Pharmaceutical Industries Ltd. announced the launch of ABSORICA LD (Isotretinoin) capsules in the U.S. to manage severe recalcitrant nodular acne in patients 12 years of age and older.

By Route of Administration Analysis

Easy Availability of OTC Topical Products Globally to Dominate Market Share 

The market is divided into topical and oral in terms of route of administration.

The topical segment dominated the market in 2022 and is expected to maintain its dominance across the forecast timeframe. The growth is attributable to the increasing number of companies manufacturing topical solutions for acne treatment. This is attributed to the patient population suffering from the condition, which is primarily intrigued by topical solutions as these products are easily available and comfortable.

• For instance, in October 2022, the new skincare brand AcneSquad introduced a new product range for the treatment of acne. These topical products include toners, tonics, and serums, among others.

The oral segment is anticipated to project a significant CAGR during the forecast period due to an increase in the condition's prevalence and the growing number of product launches. For instance, in January 2019, Almirall, S.A. launched Seysara, the first oral antibiotic that has been specifically developed for use in acne in the U.S.

By Age Group Analysis

Rising Incidence of the Condition among Adults is Attributed to the Dominance of the 18 to 44 Years Segment 

The market is fragmented into 10 to 17 years, 18 to 44 years, 45 to 64 years, and 65 years & above, as per age group.

The 18 to 44 years segment is expected to have a dominant share in the market during the forecast period. The dominance is due to increase in the patient population of this particular age group.

The 10 to 17 years segment is estimated to witness considerable growth across the forecast period owing to the increasing incidence of acne vulgaris amongst the mentioned teenage group.

By Distribution Channel Analysis

Rising Demand for OTC Products to Lead to Retail & Online Pharmacies Segment’s Lucrative Growth Rate

Based on distribution channel, the market is bifurcated into retail & online pharmacies and hospital pharmacies.

The retail & online pharmacies segment is expected to witness a lucrative growth rate during the forecast period. This is due to the increasing number of online portals and websites commercializing acne treatment products, such as Walmart, Amazon, and several others. Moreover, the growing demand for OTC drugs will strongly support the growth of this segment.

The hospital pharmacies segment is estimated to hold a significant share during the forecast period due to an increase in hospital consultations to treat this disease.

REGIONAL INSIGHTS

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Based on region, the market is segmented into Europe, North America, Asia Pacific, the Middle East & Africa, and Latin America.  

The market size in North America stood at USD 5.16 billion in 2022. The region's dominance is attributable to the increasing prevalence of acne across the region and the rising concerns related to beauty among the population. Thus, major players are introducing new drugs in the North American market. For instance, in November 2021, Sun Pharma launched Winlevi, a cream for the treatment of the condition, in the U.S. Additionally, factors such as a significant rise in the patient population, increasing awareness regarding advanced treatments, and the presence of major brands contributed to the high demand of products leading to the region’s superiority globally.

Europe will account for the second most prominent shareholder due to the increasing patient pool in the region, strong investment in R&D for the drugs used for the treatment of dermatology conditions by the major companies, and increased adoption of advanced treatment products.

Asia Pacific is estimated to register the highest CAGR due to rising awareness among the population about several drugs combined with the increasing number of companies entering the Asia market. For instance, in July 2022, Sun Pharmaceutical Industries expanded its collaboration with Cassiopea to supply WINLEVI in Australia, Japan, and New Zealand, along with three other countries.

Latin America will witness a significantly stable CAGR during the forecast owing to the rising prevalence of moderate to severe acne in the region and the rising recognition of the treatment.

The Middle East & Africa will occupy a smaller acne treatment market share and register a moderate CAGR since the market is still budding. Additionally, consumers' rising adoption of drugs will lead to growth during the forecast period.

KEY INDUSTRY PLAYERS

Focus on Inorganic Growth Strategies Propelled Allergan and Botanix Pharmaceuticals to Lead Global Market

The market is characterized by a large number of major players offering various types of drugs. The prominent companies will have a strong revenue position coupled with a diversified product portfolio of acne treatment drugs. These companies have a robust stronghold in the pivotal growth regions, and some dominant players include Allergan, Galderma S.A., and Bausch Health Companies Inc. For instance, In April 2021, Bausch Health Companies Inc. announced significant topline results from its Phase 3 trials for IDP-126 Gel to treat acne vulgaris. Additionally, in December 2022, the same company announced the availability of ARAZLO, a new treatment for acne vulgaris to patients through the provincial public drug plans in Canada.

The competitive landscape further encompasses companies of a smaller size that offer limited products for their offerings. These companies contain a strong national and local presence, such as Botanix Pharmaceuticals and Valeant Pharmaceutical International, Inc., and are expected to amplify their expansion during the forecast period.

LIST OF KEY COMPANIES PROFILED:

• ABBVIE INC. (Ireland)


• Botanix Pharmaceuticals (Australia)


• GALDERMA (Switzerland)


• Bausch Health Companies Inc. (U.S.) 


• GlaxoSmithKline Plc. (U.K.)


• Bayer AG (Germany)


• Johnson & Johnson Services, Inc. (U.S.)


• Pfizer Inc. (U.S.)


• Teva Pharmaceutical Industries Ltd. (Israel)

KEY INDUSTRY DEVELOPMENTS:

• December 2022 - Beiersdorf AG announced the acquisition of a Belgium company, S-Biomedic NV, to strengthen its expertise in the market.


• March 2022 – Galderma introduced its breakthrough skincare cream, Twyneo to treat moderate to severe facial acne, to the U.S. market at the American Academy of Dermatology (AAD) Annual Meeting.


• September 2022 - La Roche-Posay introduced Effaclar Salicylic Acid Acne Treatment Serum specifically for the treatment of adult acne.


• January 2022 – GALDERMA announced to receive its antitrust clearance from the U.S. authorities after completing the acquisition of ALASTIN Skincare, Inc. for developing innovative and clinically-tested physician-dispensed skincare products.


• January 2021 – GlaxoSmithKline plc announced that it agreed with Eligo BioScience to advance Eligobiotics for the treatment and prevention of Acne Vulgaris with CRISPR-based therapeutics for strain-specific microbiome modulation.

REPORT COVERAGE

An Infographic Representation of Acne Treatment Market

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The global market research report provides a detailed analysis of the market. It focuses on key aspects such as market size & forecast, critical regions for 2019-2030, new product launches, pipeline analysis, and an overview of technological developments. It also focuses on key aspects such as leading companies, products, and distribution channels. Besides this, the report offers insights into the acne treatment market trends and highlights key industry developments. In addition to the factors mentioned above, the report encompasses several factors that have contributed to the market growth in recent years.

Report Scope & Segmentation