The Global Cystic Acne Market Is Expected To Grow At A CAGR Of 10% During The Forecast Period 2017-2023. Cystic acne is majorly treated with topical medications, drainage & extraction procedure, and laser therapy, and microdermabrasion. Increasing awareness and prevalence of population affected by acne are boosting the demand for a laser treatment that has driven the growth of laser devices and medications for the cystic Acne. The cystic acne market has been a growing market and it has been expected that the market is likely to touch high growth figures.
According to The National Center for Biotechnology Information, in 2015, around 9.4% of the global population is affected by acne and making it the 8th most prevalent disease worldwide. Acne often causes significant physical and psychological problems such as permanent scarring, poor self-image, depression, and anxiety.
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The market is expected to flourish in developing regions of Asia Pacific owing to the rising patient population with cystic acne. Increasing prevalence of cystic acne, rising demand for better treatment, increasing investment in the biotechnology and pharmaceutical industries for research and development are driving the growth of the market. Moreover, increasing government support for research & development, changing lifestyle, and rapidly developing technology are expected to fuel the market growth during the forecast period. However, lack of effective treatment in the market may hinder the market growth during the forecast period.
- 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.
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 market over the forecasted period.
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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)
Table of Content:
- Report Prologue
- Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
- Research Methodology
List of Tables:
Table 1 Cystic Acne Industry Synopsis, 2017-2023
Table 2 Global Cystic Acne Market Estimates and Forecast, 2017-2023, (USD Million)
Table 3 Global Cystic Acne Market By Region, 2017-2023, (USD Million)
Table 4 Global Cystic Acne Market By Causes, 2017-2023, (USD Million)
Table 5 Global Cystic Acne Market By Long Term Effects, 2017-2023, (USD Million)
List of Figures:
Figure 1 Research Process
Figure 2 Segmentation For Global Cystic Acne Market
Figure 3 Segmentation Market Dynamics For Cystic Acne Market
Figure 4 Global Cystic Acne Market Share, By Causes 2016
Figure 5 Global Cystic Acne Market Share, By Long Term Effects 2016
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