Rising Demand for Professional Acne Medication Drives Market Growth

 

According to Next Move Strategy Consulting, the global Professional Acne Medication Market is expected to reach USD 5 billion by 2030, with a CAGR of 7% from 2024 to 2030. These treatments are specifically tailored to individual needs and may include oral pharmaceuticals, topical medications, antibiotics, retinoids, and oral retinoids.

Download Free Sample: https://www.nextmsc.com/professional-acne-medication-market/request-sample 

Unhealthy food habits and sedentary lifestyles have become significant drivers for the growth of this market. Diets high in processed foods, sugars, and unhealthy fats contribute to hormonal imbalances and inflammation, which can worsen acne. A 2020 survey by Harvard Medical School revealed that individuals with acne were 76% more likely to report consuming high-fat and sugary foods.

While over-the-counter (OTC) alternatives such as at-home light therapy devices and skincare products provide convenient solutions, they present a challenge to the growth of the professional acne medication market. These OTC treatments are often more affordable, user-friendly, and accessible, allowing individuals to address acne without seeking professional care. Additionally, the privacy of self-treatment appeals to many, reducing the likelihood of seeking professional services.

Ongoing advancements in dermatology research are creating more innovative acne treatments that enhance effectiveness and expand the appeal of professional care. As new and improved treatments emerge, more patients are likely to seek professional care, thus bolstering market growth.

North America remains the dominant player in the professional acne medication market, holding 47% of the global market share. The region’s strong pool of dermatologists, with over 11,640 dermatologists employed in the U.S. alone, increases patient access to specialized care and raises awareness about advanced acne treatment options.

Inquire Before Buying: https://www.nextmsc.com/professional-acne-medication-market/inquire-before-buying 

Key players in the professional acne medication market include Almirall SA, Bausch Health Companies, Inc., GlaxoSmithKline, Galderma SA, Sun Pharmaceutical Industries, and Pfizer, among others. These companies are pursuing strategies such as product launches and expanding their presence in various regions to maintain market dominance.

For example, in May 2023, Bausch Health Companies announced the FDA clearance of their IDP-126 Gel, a first-of-its-kind triple-combination acne treatment. In July 2022, STRATA Skin Sciences, Inc. launched TheraClearX, an in-office, non-invasive acne treatment, offering a new solution for acne patients.

Conclusion

The professional acne medication market is experiencing significant growth, driven by the increasing prevalence of acne and the rising demand for effective treatments. However, the market also faces competition from OTC alternatives, which offer lower costs and greater convenience. With continuous innovation in the dermatology sector and increasing awareness, the market is expected to expand further in the coming years.

Also, Browse Related Reports:   

• Explore the Patient Event Bus Market Insights
• Discover Trends in the Dental Laboratories Market
• Gain Insights into the US Primary Care Market

For more information, please contact:

Next Move Strategy Consulting

E-Mail: info@nextmsc.com

Direct: +1-217-650-7991

Website: www.nextmsc.com

Follow Us: LinkedIn | Twitter | Facebook | Instagram | YouTube

About Next Move Strategy Consulting: 

Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analysed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bit of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enables them to move beyond time and have competitive edge in the industry.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicates as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.