Infinium Global Research ACNE DRUGS MARKET | Page 7

Acne Drugs Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The study on global acne drugs market provides deep insights into the trends and
opportunities in the market for the forecast period 2018 to 2024. Moreover, the market
estimates are provided in terms of revenue in USD million. Furthermore, the research
covers the analysis of the various segments in the global acne drugs market. The estimates
in the global acne drugs market are based on both bottom-up and top-down approaches. In
the bottom-up approach the revenues of the key players are determined and added to
arrive at country or regional markets size. The country market sizes added to arrive at the
regional market size. Further, the market size of the regions is added to arrive at the global
market size of Acne Drugsmarket.
In the top-down approach the global market size is estimated based on the secondary
research and historic data. Using this approach the regional market size is obtained by
splitting the global number by percentage share of each region such as North America,
Europe, Asia-Pacific and RoW. The regional market was then divided as per the market
share of the devices and category.
Executive Summary
Global Acne Drugs Market Highlights, (USD Million)
The global acne drugs market is expected to grow at a CAGR of 4.4% between 2018 and
2024 in terms of value. Increasing consciousness of acne problems among the individual
and awareness of the current and upcoming treatments is expected to drive the growth of
the market. Growing demand of cosmetic and change in lifestyles is likely to boost the
growth in the market. In addition, increase in per capita has encouraged customers to
spend more on personal care. On the other hand, lack of expertise and skilled
dermatologist are likely to restraint the growth of the market. Moreover, availability of
drugs without prescription and the preference for alternative therapies for treating acne
has been restricting the sales of branded acne products. Furthermore, technology
advancement and research conducted by pharmaceutical companies is likely to bring
opportunities to this market. Moreover, high dispersion of pharmaceutical and biotech
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