Australia Anti-Acne Drug Market Analysis

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  • Type: Common Disease Area
  • Published : April 2021
  • Region: APAC
  • Country: Australia
  • Report ID : 4135

  • Format: PPT, PDF

Australia Anti-Acne Drug Market: Segmented by therapeutics (Retinoids, Antibiotics, Salicylic Acid, Benzoyl Peroxide, and Others), Type (Prescription and OTC) – Growth, Trends, and Forecasts (2019 – 2028)

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Report Overview

The Australia Anti-Acne Drug market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

Acne is a very common skin condition. It causes spots and painful bumps on the skin. It is most noticeable on the face, but can also appear on the back, shoulders, and buttocks. Severe acne can cause scarring. Acne usually starts in puberty, but it affects adults too. Acne will usually go away on its own, but it can take many years. Some treatments can help clear acne more quickly. Over-the-counter treatments can help with mild acne. Ask a pharmacist for advice on which treatment could help and how long you will have to use it. You should not expect to see results for several weeks, even a couple of months. If over-the-counter treatments do not help after 6 to 8 weeks, treatments are available on prescription. Acne is a common condition that is associated with significant physical and psychological morbidity. It is so common it can be considered almost universal in teenagers, with a prevalence of 93.3% in people aged 16–18 years in Australia. Other international studies have shown a prevalence of 85% in people aged 12–24 years, and of 64% and 43% in those aged 20–29 years and 30–39 years, respectively. Acne can be considered a chronic disease.

Market Drivers

An increase in prevalence and severity of acne diseases is the major factor that contributes toward the growth of the acne medication market. Acne vulgaris is the most common skin problem amongst the teenaged population, with women being affected at higher rates than men. Moreover, other factors that fuel the market include an unhealthy urban lifestyle and the presence of robust acne medications in the pipeline. However, side-effects associated with the use of acne medications and the presence of alternative treatments impede the market growth. Conversely, the development of effective medications with lesser side effects and high market potential in untapped emerging economies is expected to provide lucrative growth opportunities for the market growth. Various factors such as fluctuating hormone levels, unhygienic lifestyle, and excessive production of oil from sebaceous glands have increased the prevalence of acne, thereby positively affecting the market growth.

Type of Acne Medication

Topical therapies dominated the market in 2017 by route of administration. Retinoids, antibiotics, BPO, salicylic acid, and azelaic acid are administered topically for mild-to-moderate acne as well as maintenance therapy. Oral medications are recommended as systemic therapies after topical treatments fail to evoke a response.

Treatment of severely inflamed or cystic acne may require cortisone injections. The emergence of biologics is likely to fuel the growth of injectables. Gevokizumab (Novartis/XOMA), RA-18C3 (XBiotech), and CJM112 (Novartis) are investigational monoclonal antibodies for acne treatment. All three candidates involve a subcutaneous mode of injection.

 

 

1. Australia Anti-Acne Drug Market Overview………………………………………………….
A. Market Size
2. Market Growth Drivers……………………………………………………………………
A. Increasing prevalence of acne disease
B. Sedentary Lifestyle
C. Development of effective medications and robust acne medications in the pipeline
3. Type of Acne Medication……………………….…………………………………….….
A. Topical medications
B. Oral medications
C. Therapies
4. Australia Anti-Acne Drugs Market Segmentation……………………………………….
A. By Therapeutic class
I. Retinoids
II. Antibiotics
III. Salicylic acid
IV. Benzoyl peroxide
V. Others
B. By Type
I. Prescription
II. OTC
5. Anti-Acne Drugs Major Products Market Share……………………………………
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles……………………………………………………………….
A. Galderma S.A. Company overview, Product & Services, Strategies & Financials
B. Johnson & Johnson Company overview, Product & Services, Strategies & Financials
C. Bayer Company, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………………………………….
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth…………………………………………………………
A. New Trends and Development of Anti-acne Drug market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Therapeutics Class:

Based on the therapeutic class, the market is segmented into retinoids, antibiotics, salicylic acid, benzoyl peroxide, and others. Retinoids and antibiotics remain the mainstay of the acne drug market. Retinoids dominated the therapeutic classes in 2017, closely followed by antibiotics. It is expected that retinoids will prevail as market leaders through 2025, driven by their first-line action and impending approval of pipeline products. Antibiotics are often administered in combination with benzoyl peroxide to prevent antibiotic resistance.

The treatment paragon is likely to shift from monotherapy to combination therapy. Combination therapeutics are gaining traction on account of higher efficacy, improved results, reduced resistance, and convenient usage.

Hormonal agents are generally used in severe cases. Oral contraception is a well-known form of hormonal treatment for acne. This method is often preferred by women who, in addition to suffering from acne, have an interest in contraceptive benefits. However, hormonal therapy is not stand-alone and is synergistically combined with benzoyl peroxide, azelaic acid, antibiotics, and retinoids. Other agents used for treatment include sulfur, hydroxy acids, BPO, salicylic acid, and azelaic acid.

By Type:

Based on the type, the market is segmented into OTC and prescription drugs. The prescription medicine segment is the revenue-generating segment in the acne medication market. Prescription acne products such as antibiotics are usually combined with benzoyl peroxide or a topical retinoid that makes up for an effective combination, which is anticipated to drive the prescription acne medication market during the forecast period. On the other hand, the over-the-counter medicine segment is anticipated to register a high CAGR during the forecast period, owing to rise in preference of patient population who use over the counter (OTC) products as they are convenient to purchase and inexpensive in nature, which propels the acne medication market growth.

Major Players

Key players operating in the acne medication market include Allergan, Bayer, Almirall, Bausch Health Companies Inc., GlaxoSmithKline Plc (GSK), Johnson & Johnson, Galderma, Mayne Pharma Group Limited, Mylan N.V., Pfizer Inc, and Teva Pharmaceutical Industries Ltd.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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