iCrowd Newswire
21 Jan 2021, 18:04 GMT+10
The most significant market driving factor for the global cystic acne market growth is the rising prevalence of cystic acne conditions both in developed and developing countries. The major market players in the skincare industry and different research laboratories are involved in research & development (R&D) to develop formulas for medicines or ointments provide better treatment.
Cystic acne is a dangerous skin condition. It is the most serious type of acne wherein the pores of the skin get blocked. This blockage leads to infection or inflammation of the affected area of the skin. A new report on the global cystic acne market, published by Market Research Future (MRFR), scans this market to see a raise at 10% CAGR between 2017 and 2023.
Other factors contributing to the market growth include awareness about skin infections, demand for better skincare remedy, trend among youngsters to be more conscious about their looks, increasing purchasing power of consumers, and subsequently increasing sales of anti-acne ointments.
Key Players
Big players in the global cystic acne market include Abbott Laboratories (USA), Alma Lasers Inc. (Israel), Bristol-Myers Squibb Company (USA), DUSA Pharmaceuticals Inc. (USA), GE Healthcare (UK), Herbert Waldmann GmbH & Co. KG (Germany), F. Hoffmann-La Roche Ltd (Switzerland), GlaxoSmithKline PLC (UK), Hexal AG (Germany), National Biological Corp. (USA), Pfizer Inc. (USA), and Sylvan Company (USA).
Regional Segmentation
A geographical outlining of the global cystic acne market covers the Americas (North America & South America), Asia Pacific, Europe, and the Middle East & Africa (MEA).
The Americas region is dominating the global market as North America alone is strong enough to generate maximum market revenue. Due to technological advancements and availability of advanced medical facilities, North America is a bigger regional market segment, compared to South America. North America is a strong regional market segment due to the availability of well-developed technology, the growing use of technology in medical sector, presence of key market players, and the increasing population with acne. American brands export their products to other regions too. In North America, maximum revenue comes from USA and Canada. In South America, the most vibrant economies are Argentina and Brazil that can be important markets in the future.
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Market Segmentation
The global cystic acne market segmentation encompasses end-user, causes, long-term effects, and treatment type. MRFR's take on the market surveys various facets of the market in-depth.
Regarding end-user, this market has been segmented into clinics, hospitals, research laboratories, and others. The causes-based segmentation of this market covers drugs/chemical side effects, hormonal imbalances, occlusive skin products, and others.
As per the long-term effects, the market has been segmented into hypertrophic scarring, ice pick scars, larger pits on the skin, shallow depressions, and others.
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About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast emerging market research firm is armed with an adept research analysts' team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Tags: Cystic Acne Market Trends, Cystic Acne Market Growth, Cystic Acne Market Share, Cystic Acne Market Size, Cystic Acne, Cystic Acne Market
See Campaign: https://www.marketresearchfuture.com/press-release/cystic-acne-marketContact Information:Market Research Future
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: [email protected]:, iCN Internal Distribution, Research Newswire, English
Market Research Future
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: [email protected]
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