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In 2020, the inflammatory acne segment, among other acne types, held a significant share in the market. The symptoms of inflammatory acne include redness, swelling, and deeply blocked pores filled with debris, germs, and dead skin cells. The bacteria Propionibacterium acnes are responsible for turning non-inflammatory acne into inflamed acne. Propionibacterium colonises the sebaceous follicle route, causing redness and swelling as a result of an immunological response. The need for acne medication is expected to skyrocket because of the increased discomfort and scarring associated with inflammatory acne.
There has been increased competition among the key industry players, such as Bausch Health Companies Inc. (NYSE: BHC) and Galderma S.A., to strengthen their position and enhance the global reach. In April 2021, Galderma announced the launch of Aklief, a medication used to treat acne, in South Korea. This medicine targets the retinoid receptor gamma in the retinoic acid receptor (RAR) in the skin, making acne treatment more efficient and effective. This strategic decision will help the corporation develop its operations in South Korea. Such developments by the leading players are expected to significantly contribute to the market growth in the coming years.
Market Breakup by Therapeutic Class, Formulation, Type, Acne Type, Distribution Channel, and Region:
Key Findings of the Report:
Key Offerings of the Report:
Almirall S.A, Bausch Health Companies Inc., GlaxoSmithKline plc., Johnson & Johnson Services, Inc., and Galderma S.A., among others are the key players in the global acne medication market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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