Global Acne Treatment Market to Register 5% CAGR through 2023, Predicts PBI in Its Topical Research Report Available at MarketPublishers.com
08 Dec 2017 • by Natalie Aster
LONDON – In 2017, the world’s market for acne treatment has been gaining traction at swift rates. By the end of the current year, this market is poised to cross USD 5.14 billion. While, further it is set to hit the USD 6.89 billion mark by the year 2023, registering a CAGR of 5% during 2017-2023.
The main factors propelling growth in the acne treatment market comprise rising incidence of this disease globally, elevating disposable incomes and surging awareness of acne amid young population due to targeted marketing campaigns, amidst others. An uptake in out-of-pocket healthcare expenditures in many countries also spurs the rising demand for acne treatment products on a global scale.
Regionally, North America dominates the global market for acne treatment products. In the nearest future, the region is set to remain its market leadership owing to wide availability of manifold treatment options and high level of awareness among the young population in the region. Due to constantly increasing number of people seeking for better acne treatment options in APAC, this regional market is expected to provide a slew of lucrative growth opportunities for the market participants.
Topical research publication elaborated by Precision Business Insights (PBI), “Global Acne Treatment Market: By Product Type, By Medication Type, By Acne Type, By Route of Administration, By Distribution Channel and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023”, offers a profound analysis of the global market for acne treatment, focusing on the market size, regional markets’ performance and trends, segmentation. This report includes market statistics for 2012-2016, describes the actual situation in the market and provides future forecasts till 2023.
This insightful study offers deep insights into the market dynamics, covering the key market growth drivers, restraints, unmet needs, current and emerging trends, and other forces influencing the market performance. A detailed overview of the recent innovations and developments, and a thorough discussion of the emerging opportunities and threats are at hand here, too. Moreover, the study highlights the competitive environment, pinpointing the most prominent participants and estimating their shares, key developments and strategies. Besides, a reader can find valuable info on the best market entry strategies and have a look at the regulatory framework and reimbursement scenario in this in-demand research report.
Note that this in-demand report can be purchased at a discounted price until December 31, 2017!
Further data on this publisher and its insightful research reports can be found at PBI online page at MarketPublishers.com