Acne Treatment Market was valued at USD 1,217.3 Million in 2021

According to the latest report from Precision Business Insights (PBI), the global acne treatment market is worth USD 1,217.5 million in 2022, growing at a CAGR of 8.2% from 2022 to 2028. The global acne treatment market is segmented into following types: (photodynamic, laser, radio frequency and others), by end-user industry (hospitals, clinics, salons and spas, individual homes and others) and Geography (North America, Europe, Asia Pacific and Rest of the World) Forecast to 2028. Profiles of Key Players in Acne Treatment Market Report are Almirall, SA, Bausch Health Companies Inc. , GlaxoSmithKline plc, Johnson & Johnson Services, Inc., GALDERMA, Mayne Pharma Group Limited, Sun Pharmaceutical Industries Ltd., Candela Medical, Pfizer Inc., Cutera Inc. The growing psychological problems of acne in young or all age groups are critical factors for the growth of and this market. Consumers are looking for safe and cost-effective options for acne treatment. Rising demand for quick and safe treatments and strong results are some of the factors expected to drive the market during the forecast period. The steady prevalence of acne globally is expected to drive the growth of the acne treatment market. Acne removal devices facilitate the healing process when used in conjunction with medications, enabling the body to effectively treat acne, which is expected to drive the growth of the acne treatment market. The growing consumer inclination towards acne treatment devices that are convenient to use at home creates an opportunity for marketers. People between the ages of 12 and 30 have the highest prevalence of acne, and the growing number of people in this age group is driving the market for acne treatment devices.

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The salon, spa and clinic segments dominate the acne treatment market:
In the acne treatment market, the salon & spa and clinic segments are expected to contribute the highest revenue share of 20% in 2021. The growing number of salons offering innovative treatments, the increase in fashions sedentary lifestyles and awareness of upcoming trends in acne treatments can energize the market. The global acne treatment market is primarily driven by increasing disposable income, high incidence rate of acne across all regions, rising consumer spending on these treatments and growing awareness of skin in the millennial age group. Cheap products and traditional therapies along with high treatment costs and side effects will hamper the market growth.

North America leads the acne treatment market:
The North American acne treatment market held the highest market share of 32.8% in 2021. Growth in the North American market is primarily driven by growth in the U1SA region. The growing psychological problems of acne among young Americans are critical factors for the development of this market. In addition, Europe will be the second largest shareholder due to the growing number of patients in the region, strong investments by major companies in R&D for drugs used to treat dermatological conditions and increased adoption of treatment products. advances.

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Strategic new product launches, mergers, acquisitions, and agreements are the major strategies adopted by market players.
The global acne treatment market further reveals that major players are increasingly adopting strategies such as new product launches, product launches and long-term alliances to enhance market revenue share and acquire a significant geographical presence in the region.

Detailed segmentation
Based on Device Type, the market is segmented as follows:
• Photodynamics
• Lasers
• Radio frequency
• Others

Based on end-user industry, the market is segmented as follows:
• Hospitals
• Clinics
• Salon & Spa
• Individual house
• Others.

Based on geography, the market is segmented as follows:
• North America
• Europe
• Asia Pacific
• Latin America

Mr Satya
Precision Business Insights™ | Toll free: +1 866 598 1553
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About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research information. Our various market research experts are passionate about market research and hence produce high quality research reports. We have over 500 clients with whom we have a good business partnership and the ability to provide in-depth research analysis for over 30 countries. In addition to providing over 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost effective and customized research services to meet research requirements. We are a leading research service provider due to our extensive database built by our experts and the services we provide.

This press release was published on openPR.

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