Anti-Acne Dermal Patch Market Report, Intelligence, Prescriptive Research, Execute Growth Opportunities
Market Overview
The global Anti-Acne Dermal Patch Market is estimated to be worth USD 791.8 million by 2030 at CAGR 8.5% CAGR during the forecast period (2022 – 2030).
Market Dynamics
The market is being driven by a number of causes, including the rising prevalence of severe acne and pimples, hormonal shifts in women as a result of pregnancy and menstruation, and inherited predispositions. Genes, drugs, tobacco, and nicotine all contribute to the epidemic rise of acne. Furthermore, important causes of acne in teens include despair and stress, which strengthens the market.
Changes in metropolitan areas spurred by the pursuit of physical and mental health open up new avenues for business expansion. Most of the world’s population is expected to live in cities in the coming decades, and this will be especially true in developing countries. This presents a unique chance to shape urbanization and to foster healthy urban development trends. Therefore, the market has more potential in the next years as dermal patches become more well-known as a result of rising urbanization in emerging countries. And because individuals in these nations can now do things like shop online and talk to doctors via video chat, the market for these services is poised for explosive expansion as a result of the improved accessibility of the internet.
Growth of the industry is hindered, however, by the fact that acne dermal patches might cause allergic reactions in some people.
Market Segmentation
By Acne Type, the market has been segmented into Inflammatory Acne and Non-inflammatory Acne
By Patch Type, the market has been segmented into Medicated, Non-Medicated, and Micro-Needle
By Ingredient Type, the market has been segmented into Chemical Based and Herbal Based
By Distribution Channel, the market has been segmented into Retail Stores, Pharmacies & Drug Stores, and E-Commerce Platform
Regional Analysis
In 2021, the U.S. and Canada accounted for the greatest proportion of the North American market. The high psychological burden of acne, especially among women, rising internet usage, and rising numbers of e-commerce sites supplying anti-acne dermal patch treatments, all contribute to the region’s rise. As an added bonus, the widespread nature of acne in the United States is fueling the expansion of the industry there.
The health of the world’s population as a whole is greatly affected by the prevalence of sedentary lifestyles. The increasing prevalence of sedentary activities, such as spending more time in front of the television or other screen, is having an effect on the human body as a whole. The increased use of electronic gadgets among adolescents and young adults alters their metabolic rates and likely contributes to the epidemic of acne that plagues this demographic. In addition, the research shows that the rising prevalence of unhealthy lifestyles among teenagers and young people is a factor in the development of the regional market. Acne is prevalent in the area because of the climate, air pollution, humidity, and sun exposure. As a result, the region’s market growth is fueled by sedentary lifestyle, environmental factors, and adolescent and adult populations.
Growth in Asia and the Pacific is expected to outpace all other regions throughout the forecast horizon. The extensive use of dermal patches for acne and other skin conditions, as well as the broad acceptance of an unsustainable diet, rising pollution, and other causes, are all contributing to the region’s rapid development. Additionally, businesses are teaming up to market and distribute acne patches around the area. The increasing number of people with acne-related skin disorders, the presence of important market players, and the widespread adoption of innovative dermal acne patches are all contributing to the expansion of the Asia-Pacific market.
Latin America, the Middle East, and Africa make up the “rest of the world” region. Women in the area have a particularly high frequency of acne. Due to the rising prevalence of acne among women, the Middle Eastern market offers greater expansion potential. The presence of developed countries in the Middle East, especially in the Gulf countries, is a major driver of market expansion in the region. Acne was also shown to have a significant frequency among adult women in Latin America. Consequently, the increasing number of people dealing with acne helps fuel business expansion in the area.
Competitive Analysis
The prominent market players are Church & Dwight (US), Peace Out Skincare (US), COSRX (South Korea), Starface (US), BenQ Materials Corp. (Taiwan), Alba Botanica (US), ZitSticka (US), 3M (US), Sephora, Inc. (US), and Peach and Lily (US).
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