ID: MRFR/Pharma/1191-HCR | 80 Pages | Author: Rahul Gotadki | March 2024
Intended Audience
Figure: Global Cystic acne Market, By Region Market Share, 2016 (%)
Sources: Annual reports, Press release, White paper, Company presentation
The global cystic acne market is segmented on the basis of causes, long-term effects, treatment type, and end user.
On the basis of the causes, it is segmented into hormonal imbalances, occlusive skin products, drugs/chemical side effects, and others.
On the basis of the long-term effects, it is segmented into ice pick scars, larger pits on the skin, shallow depressions, hypertrophic scarring, and others.
On the basis of the treatment type, it is segmented into topical medications, drainage & extraction procedure, laser therapy, microdermabrasion, and others.
On the basis of the end user, it is segmented into hospitals, clinics, research laboratories, and others.
Cystic Acne Market Regional Analysis
The Americas dominate the global cystic acne market owing to well-developed technology and increasing population with acne. Key players are focusing on capturing maximum share of the emerging markets such as India and China. According to American Academy of Dermatology Association, in 2016 the costs associated with the treatment of acne exceed USD 3 billion.
Europe holds the second position in the global cystic acne market owing to the government support for research & development and availability of funds for research. This is expected to drive the European cystic acne market over the forecasted period.
The Asia Pacific is the fastest growing cystic acne market owing to the presence of rapidly growing patient population, and high healthcare expenditure. The government of this region focuses more on providing better treatment to the citizen of their countries for improving their quality of life.
On the other hand, in the Middle East and Africa, cystic acne has become a huge problem due to limited screening, ignorance of diseases, and poor access to treatment.
Cystic Acne Market- Key Players
Some of the key players in this cystic acne market are GlaxoSmithKline plc (U.K), Pfizer Inc. (U.S.), Abbott Laboratories (U.S.), Hexal AG (Germany), F. Hoffmann-La Roche Ltd (Switzerland), Alma Lasers Inc. (Israel), Bristol-Myers Squibb Company (U.S.), GE Healthcare (U.K), National Biological Corp. (U.S.), Herbert Waldmann GmbH & Co. KG (Germany), Sylvan Company (U.S.), and DUSA Pharmaceuticals Inc. (U.S.)
Research Methodology
Sources: Annual reports, Press release, White paper, and Company presentation
Report Attribute/Metric | Details |
Market Size | 13,532.4 Million |
CAGR | 8.4% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Causes, long-term effects, treatment type, and end user. |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | GlaxoSmithKline plc (U.K), Pfizer Inc. (U.S.), Abbott Laboratories (U.S.), Hexal AG (Germany), F. Hoffmann-La Roche Ltd (Switzerland), Alma Lasers Inc. (Israel), Bristol-Myers Squibb Company (U.S.), GE Healthcare (U.K), National Biological Corp. (U.S.), Herbert Waldmann GmbH & Co. KG (Germany), Sylvan Company (U.S.), and DUSA Pharmaceuticals Inc. (U.S.) |
Key Market Opportunities | Research and development |
Key Market Drivers | Rising prevalence of this conditions both in developed and developing countries |
Cystic acne market is projected to grow at a 8.4% CAGR during 2022-2030.
Key factors driving the cystic acne market growth include rising prevalence of cystic acne and technological advancements in healthcare.
Lack of effective treatment may limit the cystic acne market growth.
Major end users of cystic acne market include research laboratories, clinics, hospitals, and others.
Key players profiled in the cystic acne market include DUSA Pharmaceuticals Inc. (U.S.), Sylvan Company (U.S.), Herbert Waldmann GmbH & Co. KG (Germany), National Biological Corp. (U.S.), GE Healthcare (U.K), Bristol-Myers Squibb Company (U.S.), Alma Lasers Inc. (Israel), F. Hoffmann-La Roche Ltd (Switzerland), Hexal AG (Germany), Abbott Laboratories (U.S.), Pfizer Inc. (U.S.), and GlaxoSmithKline plc (U.K).
Key Questions Answered
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