Prescription Antiacne Drugs Market

Acne is a common disorder that leads to formation of lesions or zits. The disease is characterized by overproduction of sebum due to high level of production of male hormone named as androgen during puberty. The hyperactivity of hormone leads to excess production of sebum. Sebum is an oily substance which is formed in the sebaceous gland, located just under the surface of the skin. Sebum is generally referred to as a natural skin moisturizer however, excess secretion of sebum leads to pimples. Acne is characterized by formation of nodules (large papules), comedones (blackheads and whiteheads), seborrhea (scaly red skin), scarring and pimples.

Acne is reported to be a common problem among teenagers with approximately 90% to 95% of the adolescent boys and 83% and 85% of the adolescent girls aged 16 years to 17 years being affected with pimples. This disease tends to get dissolved in the middle age of the life, however, 20% of adolescents can have acne that persists into the adulthood. According to the various esteemed sources in 2010 approximately 650 million people were affected with acne and acne was also indentified as the 8th most common disease globally. Acne is known to occur due to various factors such as hormonal factors, genetic factors, psychological factors, diet and infectious agents. Acne cannot be cured permanently but anti acne drugs are commercially available in the market which can prevent scarring. Several medications available for the treatment of acne include retinoids, anti-androgen medications, hormonal treatments, benzoyl peroxide, antiseborrheic medications, keratolytic soaps, alpha hydroxy acid, salicylic acid and others.

Prescription Antiacne Drugs Market: Segmentation

The market for prescription antiacne drugs can be broadly classified on the basis of various drugs available in the market. Accutane (isotretinoin), Desquam-E(benzoyl peroxide), Cleocin T(clindamycin phosphate), Benzamycin, Erythromycin topical (A/T/S, erycette, t-stat), Retin-A (tretinoin) and Minocin (minocycline hydrochloride) are various anti acne drugs which are commercially available in the market. Apart from above mentioned drugs Tretinoin (Retin-A) is another popular anti acne treatment drugs which is available in topical, gel forms and creams. Additionally, all the aforementioned drugs do not require prescription and can be availed over the counter without doctors consult.  However, Isotretinoin (Accutane) available in capsule form is the drug which is available on prescription only. Additionally, nowadays combination antiacne medicines are available such as BenzaClin that combines clindamycin with benzoyl peroxide for the effective treatment of acne.

Prescription Antiacne Drugs Market: Geographical Dynamics

The prescription anti acne drugs market can also be segmented on the basis of geography into North America, Europe, Asia-Pacific and Rest of the world. Currently, North America holds the majority in the global prescription anti acne drugs market. Dominance of this region was witnessed due to presence of large number of pharmaceutical manufacturer which allows easy penetration in the market, high awareness level among the population and increasing prevalence of acne. Recently, in 2012 Ranbaxy laboratories launched Absorica (Isotretinoin) capsules in the U.S market. This product is also a flagship brand of the Ranbaxy dermatology product portfolio. Asia-Pacific is expected to witness significant growth in the future due to changing dietary habits, lifestyle and rising patient awareness. Additionally growing penetration of pharmaceutical giants in the Asian region would also increase the market share of Asia in the anti acne drugs market. However, side effects associated with the intake of anti acne drugs are a major factor that might hinder the growth of this market.

Ranbaxy Laboratories, Roche Diagnostics, Johnson & Johnson and others are some of the major players operating in this market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Prescription Antiacne Drugs Market

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