"Designing Growth Strategies is in our DNA"
The Europe acne treatment market size was USD 940.3 million in 2020. The market is projected to grow from USD 928.7 million in 2021 to USD 1,297.0 million in 2028 at a CAGR of 4.9% in the 2021-2028 period. The impact of COVID-19 has been unprecedented and staggering, with several pharmacy products witnessing a negative impact on demand across Europe amid the pandemic. Based on our analysis, the market exhibited a decline of 3.6% in 2020 as compared to the average year-on-year growth during 2017-2019. The fall in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.
The rising prevalence of acne and similar skin disorders among teenagers is contributing to the growth of the market in Europe. For instance, according to the U.K. National Health Service (NHS), acne is very common in teenagers and young adults. Around 95% of people aged 11 to 30 across the country are affected by acne to some extent.
Due to the increased risk of antibiotic resistance, European guidelines do not recommend the use of topical antibiotics for comedonal acne. Furthermore, hormonal anti-androgens, systemic antibiotics, systemic isotretinoin, and artificial ultraviolet (UV) radiation are not recommended in these guidelines. This factor is limiting the adoption of topical drugs for acne treatment in Europe.
However, various regional and national organizations are promoting skin care campaigns to increase awareness towards acne and educate people about available treatment options including drugs. A skincare brand in the U.K., ‘Ditch the Label’ is involved in educating youth towards acne in the country through the acne awareness month. Also, there has been rise in number of products, including skin lotions, and creams by leading global and domestic players in Europe, which is driving the growth of the market.
Acne Treatment Products Witnessed Lower Demand amid COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on this market. Travel restrictions, and postponement of elective procedures in numerous countries globally, led to a significant decline in number of patient visits to dermatologists in these countries. Market players reported a considerable decline in the revenues generated from the sales of drugs for dermatology conditions including acne in 2020.
This was further augmented by the considerably higher decline in the number of outpatient visits to various healthcare settings for dermatology consultations globally. Visits during the peak covid-19 period were significantly impacted in developed and developing countries, owing to postponement of elective procedures, and travel restrictions imposed by various countries. Despite these consultations recovering back to normal during the latter half of 2020, the number was lower than that in 2019. This has led to a decline in number of new cases diagnosed and patients undergoing treatment in 2020.
Request a Free sample to learn more about this report.
Introduction of New Drugs by Leading Global and Domestic Players
There is a rise in prevalence of dermatology conditions including acne along with increasing number of patients undergoing treatment has resulted in growing demand for acne drugs globally. Thus, several companies are focusing on new drug development or drug approval in the region. For instance, in December 2019, after reviewing its summary of product characteristics, package leaflet, and labeling, Galderma received approval from the European Union for its acne cream AKLIEF (trifarotene 50 mcg).
Furthermore, several players from Europe are expanding their business through drug approval strategies in the region. For instance, in August 2020, Cassiopea SpA, an Italian biotechnology and medical research enterprise, announced that the company’s product Winlevi (clascoterone cream 1%) has received US-FDA approval for the treatment of acne in patients 12 years and older. Such a rise in new drug approval in the region is anticipated to contribute to the growth of the market in future.
Rising Prevalence of Acne Across Europe to Fuel Demand
Due to the rise in prevalene of acne and other skin disorders, a notable uptick in the number of dermatological service providers is being observeed. For instance, according to National Institute for Health and Care Excellence, acne is one of the most common skin conditions in the U.K., leading to 3.5 million visits to primary care every year.
Similarly, according to a recent study published on National Center for Biotechnology Information (NCBI), in Italy, the prevalence rate of acne vulgaris is around 70% to 80% among the 12 to 24 age group. These factors are likely to fuel the acne treatment market in Europe during the forecast period.
Side Effects Associated with Acne Drugs to Hinder Market Growth
Few major factors responsible for lower adoption of acne drugs among patients in globally include the side effect associated with drugs. Side effects of these drugs vary depending on the treatment method and the strength of the medication. For instance, for topical acne drugs, the most common side effects are skin dryness and irritation. Furthermore, the potential side effects of oral medications can be more serious. Antibiotics can lead to an upset stomach or cause dizziness and lightheadedness.
Similarly, oral isotretinoin can cause severe side effects, especially in pregnant women. Severe congenital disabilities have been reported in babies whose mothers took isotretinoin during pregnancy. Additionally, this medication can also increase the risk of depression and suicidal thoughts and may affect liver function and cholesterol levels. The factors mentioned above and the presence of a limited reimbursement scenario are anticipated to hamper the Europe acne treatment market growth during the forecast period.
To know how our report can help streamline your business, Speak to Analyst
Antibiotics Segment to Flourish Led by Increased Regulatory Approvals
Antibiotics segment dominated the market in 2020. Clinical efficiency of topical and oral antibiotics for treatment of acne has led to increasing preferenece among dermatologists for these drugs. This rise in demand has led to increased focus of market players towards introduction of new and advanced antibiotics in the market. This coupled with higher availability of these drugs, and limited side effects have been pivotal in dominance of this semgent in the global market.
Retinoids segment is anticipated to register a comparatively higher CAGR during the forecast period. The new product approvals coupled with new drug application is attributable to the high growth of the segment. For instance, in October 2019, Galderma received FDA Approval for AKLIEF (trifarotene) Cream, 0.005%, the first new retinoid molecule for acne treatment in over 20 years.
Topical Segment to Dominate owing to Wider Availability
The topical segment held a significant market share across the forecast timeframe, and the segment is anticipated to grow at the highest CAGR. Growing preference of patients towards topical products, and clinical efficiency of these products has been pivotal in higher adoption and demand for these drugs. The population suffering from acne conditions is primarily engaged in long term usage of topical solutions as these products are readily available and are easy to use.
The oral segment is estimated to expand at significant CAGR and to be the second most dominant treatment modality by the end of 2028. The growth is attributable to the rising prevalence of severe acne condition which requires higher oral antibiotic and also several pharmaceutical companies are involved in research and development of novel oral route of administration antibiotics for the treatment of acne.
18 to 44 Years Segment to Generate Massive Demand due to Rising Acne Occurrence
The 18 to 44 years’ segment will dominate the market share over 2021-2028. Various population based studies have demonstrated a higher prevalence of acne among people from this age group, owing to various factors such as puberty, etc. For instance, according to PopulationPyramid.net, in 2020, around 37% of the total European population is between 18 to 44 age, and thus, these age group populations are more susceptible to acne condition. This is the prime factor for higher demand of acne treatment products from this age group.
On the other hand, the 10 to 17 years age group segment is anticipated to grow significantly during the forecast timeframe, led by the rising occurenece of acne vulgaris amongst this age group.
Retail Pharmacies to Record Robust Sales due to Rising Number of OTC Products
Based on distribution channel, the Europe market is segmented into hospital pharmacies, retail pharmacies, and e-pharmacies.
A significantly higher proportion of patients visiting outpatient departments, and dermatology clinics for consultations and acne treatment, has been pivotal in higher demand for drugs through retail pharmacies. This combined with increasing number of OTC products being introduced by market players are being distributed through retail pharmacies.
The e-pharmacies segment is expected to register a higher growth rate during the forecast period. Availability of drugs for acne treatment through online channels, and penetration of online pharmacies in developing countries is poised to drive the grwoth of the segment. Additionally, the COVID-19 pandemic has been instrumental in increasing preference of patients towards these channels for procurement of drugs and refilling of prescriptions in developed and developing countries.
Leading Players Expand Product Portfolio to Strengthen Market Presence
The Europe market is semi-consolidated. Leading global players including Galderma S.A., GlaxoSmithKline plc., and Almirall, S.A. dominate the Europe market. These players are continuously focusing on new product launches and new drug application coupled with entering into strategic partnership with other players in order to expand their product portfolio.
Additionally, innovative and clinical stage companies are actively involved in developing the new treatment line for the acne.
An Infographic Representation of Europe Acne Treatment Market
To get information on various segments, share your queries with us
The Europe acne treatment market research report provides a detailed analysis of the market. It focuses on key aspects such as leading companies, product, treatment modality, age group, and distribution channel. Besides this, it offers insights into the market trends, competitive landscape, and highlights key industry developments. In addition to the factors mentioned above, the report encompasses several factors that have contributed to the growth of the market in recent years.
Value (USD Million)
By Product, Treatment Modality, Age Group, and Distribution Channel
By Treatment Modality
By Age Group
By Distribution Channel
Fortune Business Insights says that the Europe market stood at USD 940.3 million in 2020 and is projected to reach USD 1,297.0 million by 2028.
Side effects associated with drugs are expected to hamper the market growth.
The market will exhibit steady growth at a CAGR of 4.9% during the forecast period (2021-2028).
By product, antibiotics drug is the leading segment.
Rising prevalence of acne condition and rise in new product approval for acne treatment anticipated to drive the market in the region.
Galderma S.A., GlaxoSmithKline plc., and Almirall, S.A. are the top players in the market.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- Global hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry