Acne Drugs Market Size, Share and COVID-19 Impact Analysis, by Product (Retinoids, Antibiotics, Isotretinoin and Others), by Route of Administration (Oral and Topical), by Age Group (10-17, 18-44, 45-64 and 65 above ), by distribution channel (hospital pharmacies and retail and online pharmacies) and regional forecast, 2023-2029

The global acne medication market size was estimated at USD 8.99 billion in 2021. The market is expected to grow from USD 9.36 billion in 2022 to USD 12.97 billion in 2029, registering a CAGR of 4.8% over the forecast period.

This important information is presented by Fortune Business Insights™ in its report titled Acne Medications Market, 2022-2029. Factors such as increasing prevalence of skin diseases and increasing clinical approval of drugs will boost the growth of the market over the forecast period. In addition, the launch of novel drugs will increase the presence of the market.

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The increasing prevalence of acne worldwide and new product launches will drive market growth.

Additionally, the launch of a wide range of therapeutic products including retinoids, isotrettinoids and antibiotics in oral and topical forms has contributed to the growth of the market. Increase your market presence. Also, an increasing number of new drug launches and clinical trials by prominent players will boost the market growth.

Increasing side effects associated with the current market product range will limit the market growth over the forecast period.

Inorganic growth traits and product development to help prominent players gain an advantage

The Acne Drugs sector is characterized by the presence of many large and small companies operating around the world. Leading players establish their market positions through diversified market portfolios that trigger higher revenue growth. Sun for example…