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Acne Treatment Market Trends 2022, Global Industry Share, Size, Industry Analysis, Market Growth Analysis, Segments, Emerging Technologies, Opportunity, Supply-Demand Scenario and Forecast Research Report

Kenneth Research recently added a report on ‘Acne Treatment Market’ in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Acne Treatment Market, along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Acne Treatment Market products.

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According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.

Global Acne Market was valued at USD 5,124.98 Million in the year 2018. Increasing prevalence of acne occurs due to numerous factors such as fluctuating hormone level, unhealthy lifestyles, bad eating habits and excessive production of oil from the sebaceous glands.

Global acne market has gained importance and is expected to see huge growth due to rising disposable income, high global prevalence, unhealthy eating habits and adoption of less painful aesthetic combination therapy procedures. Additionally, rising advancements in dermatology and existence of seamless industry for skincare is backing the growth of acne treatment market. Furthermore, rising prevalence of sedentary habits such as smoking, drinking, consumption of fatty food and no physical activity coupled with rising intake of high sugar foods, high fatty dairy products will bolster the demand for acne treatment

Some of the key trends that are boosting the acne market globally are shift towards the usage of combination products as well as technology driven acne treatment products such as light and laser treatment that minimise the complications and provides better result.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Among the regions, North America currently leads the acne market due to the availability of highly advanced medical infrastructure and treatments coupled with the presence of significant number of patients perceiving Acne Treatment. Additionally, strong dominance of North America in global market over the coming years can also be attributed to increasing healthcare awareness amongst consumers, surge in number of hospitals and pharmacies along with inclusion of various government programs towards the betterment of patients. Moreover, increasing adoption of innovative acne treatment technologies to cure mild to severe acne in North America countries has been impelling the market growth.

Based on the treatment, medication treatment holds the largest market share and is likely to witness growth in coming years owing to growing prevalence of acne vulgaris, rising disposable income and growing youth population.

Scope of the Report

Global Acne Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Acne Market – Size, Growth, Forecast
• Analysis by Treatment: Medications, Therapeutic
• Analysis by End-Users: Hospitals, Pharmacies
• Analysis by Treatment Modality: Oral, Topical

Regional Acne Market – North America, Europe, APAC, ROW (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Acne Market – Size, Growth, Forecast
• Analysis by Treatment: Medications, Therapeutic
• Analysis by End-Users: Hospitals, Pharmacies
• Analysis by Treatment Modality: Oral, Topical

Country Analysis – US, Canada, Germany, France, United Kingdom, Italy, Spain, India, China, Mexico (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Acne Market – Size, Growth, Forecast
• Analysis by Treatment: Medications, Therapeutic
• Analysis by End-Users: Hospitals, Pharmacies
• Analysis by Treatment Modality: Oral, Topical

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Other Report Highlights
• Competitive Landscape
• Leading Companies
• Market Dynamics – Drivers and Restraints.
• Market Trends
• Porter Five Forces Analysis.
• SWOT Analysis.
• Company Analysis – Novan, Bayer, Cipher, Foamix, Johnson & Johnson, Bausch health, Allergan, Galderma, Teva, GSK

Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

About Us
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

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