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The global medicated skincare market was valued at USD 42.39 Billion in 2025 and is expected to grow at a CAGR of 5.60%, reaching USD 73.10 Billion by 2035. The market growth is driven by the rising prevalence of skin disorders, increasing awareness of dermatological health, and growing demand for prescription-based and over-the-counter medicated skincare products across the globe.
Base Year
Historical Period
Forecast Period
L’Oréal’s USD 1.1 billion acquisition of Medik8 will accelerate innovation and expand dermatological product offerings globally.
Shiseido’s acquisition of Dr. Dennis Gross enhances luxury medicated skincare presence, driving adoption of anti-aging and clinically proven solutions.
Rising acne prevalence, particularly among adolescents and young adults, fuels demand for targeted medicated skincare formulations worldwide.
Compound Annual Growth Rate
5.6%
Value in USD Billion
2026-2035
*this image is indicative*
The market is experiencing strong growth driven by rising incidences of acne, eczema, psoriasis, and other dermatological conditions. Increasing awareness of skin health, coupled with expanding product portfolios of prescription-based and over-the-counter treatments, fuels market demand. Technological advancements in dermatology formulations, growth of e-commerce channels, and rising disposable incomes support broader product accessibility. Additionally, strategic collaborations and dermatology-focused research investments are enhancing treatment effectiveness, positioning the medicated skincare market for sustained global expansion over the coming years.
Strategic Collaborations Driving Market Growth
In June 2025, L’Oréal acquired a majority stake in British skincare brand Medik8 for approximately USD 1.1 billion. This acquisition strengthens L’Oréal’s presence in dermatological and anti-aging skincare, expanding its science-backed product portfolio. The partnership accelerates innovation, enhances global reach, and positions the company to capture rising consumer demand for clinically proven medicated skincare solutions, driving substantial growth in the global market.
Key market trends include rise in acquisitions, expansion of male grooming, and rising skin disorder prevalence.
Brand Acquisitions Enhancing Market Value
In December 2023, Shiseido acquired Dr. Dennis Gross Skincare, a dermatologist-led prestige skincare brand specializing in anti-aging and skin health products. This acquisition allowed Shiseido to strengthen its presence in the luxury medicated skincare segment, expanding its global footprint and reinforcing consumer trust in scientifically backed formulations. By integrating Dr. Dennis Gross products into its portfolio, Shiseido can accelerate innovation, target premium consumers, and increase adoption of clinically proven skincare solutions, driving sustained market growth across key regions worldwide.
Expansion of Male Grooming to Strengthen Medicated Skincare Market Demand
In March 2025, Megalabs USA acquired Geologie, a men’s skincare brand, reflecting growing focus on male-targeted medicated skincare solutions. The acquisition enhances Megalabs’ portfolio across skin, hair, and body care, tapping into the rising male grooming market. Increasing awareness of skincare routines among men and the demand for dermatologist-recommended products are fueling growth. This trend emphasizes the importance of personalized, gender-specific formulations, encouraging companies to innovate and develop targeted solutions, ultimately expanding the medicated skincare market globally.
Divestment Strategies Driving Market Portfolio Optimization
In February 2025, LG Chem sold its dermal filler business valued at USD 343 million, refocusing on core pharmaceutical and chemical operations. This strategic divestment illustrates a growing market trend where companies optimize portfolios to concentrate on high-growth, high-margin medicated skincare and pharmaceutical products. By shedding non-core assets, firms can allocate more resources toward innovation, R&D, and clinically validated product development, enabling stronger market positioning, increased operational efficiency, and long-term competitiveness in the global medicated skincare sector.
Rising Prevalence of Skin Disorders Driving Medicated Skincare Market Value
The increasing global prevalence of dermatological conditions, particularly acne, is driving demand for medicated skincare products. According to Pierre Fabre Laboratories, the global prevalence of acne is 20.5%, with the highest rates observed in adolescents and young adults aged 16–24 years at 28.3%. This trend encourages companies to develop targeted formulations with active ingredients such as salicylic acid, retinoids, and niacinamide, supporting wider adoption of clinically proven solutions and expanding the global medicated skincare market.
Moisturizers to Lead the Segment by Product Type
Among product types, moisturizers are expected to dominate the market, holding the largest revenue share of 42% in the historical period. Their dominance stems from growing consumer preference for multifunctional skincare solutions addressing hydration, anti-aging, and barrier protection. Rising demand for dermatologically tested and natural formulations, combined with increasing awareness of preventive skincare routines, has further propelled this segment’s growth. Moreover, the expanding men’s grooming and medicated skincare markets continue to reinforce moisturizer sales globally.
Asia Pacific is poised to hold the largest market share in the forecast period. It accounted for 40% of revenue in the historical period, driven by strong demand for moisturizers and innovative skincare formulations in countries like Japan, South Korea, and China. North America represents the second-largest market, supported by high consumer awareness, brand loyalty, and widespread availability of premium skincare products. The combination of rapid urbanization in Asia Pacific and mature, quality-conscious markets in North America positions these regions as the primary revenue generators, outpacing other emerging markets globally.
The key features of the market report comprise clinical trials analysis, patent analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Founded in 1909 by chemist Eugène Schueller, L’Oréal Paris is headquartered in Clichy, France. As the world's largest cosmetics company, it offers a comprehensive range of beauty products, including skincare, haircare, makeup, and fragrances. The brand's portfolio encompasses renowned names such as Maybelline, Garnier, NYX Professional Makeup, Redken, and CeraVe. L’Oréal Paris is committed to innovation and inclusivity, striving to make luxury beauty accessible to all.
Established on September 2, 1929, through the merger of Lever Brothers and Margarine Unie, Unilever plc is a British multinational company headquartered in London. With a diverse portfolio, Unilever operates in sectors including food and beverages, cleaning agents, and personal care. Notable brands under its umbrella include Dove, Hellmann’s, Lipton, and Magnum. The company emphasizes sustainability and aims to enhance the well-being of consumers globally.
GSK plc, formerly known as GlaxoSmithKline, was formed in 2000 through the merger of Glaxo Wellcome and SmithKline Beecham. Headquartered in London, GSK is a leading global pharmaceutical and biotechnology company. Its portfolio includes vaccines, prescription medicines, and consumer healthcare products. GSK has a strong presence in areas such as respiratory, immuno-inflammation, and oncology treatments, with a commitment to improving global health.
Founded in 1863 in Barmen, Germany, Bayer AG is a global enterprise with core competencies in health care and agriculture. Headquartered in Leverkusen, Germany, Bayer operates in three main divisions: Pharmaceuticals, Consumer Health, and Crop Science. The company is renowned for its innovative products in areas like cardiology, oncology, and women's health, as well as its contributions to sustainable agriculture.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include AbbVie Inc., Procter & Gamble, Johnson & Johnson Innovative Medicine, Colgate-Palmolive Company (eltaMD), Kao Corporation, and Perrigo Company Plc.
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Ingredient
Market Breakup by Skin Type
Market Breakup by Indication
Market Breakup by Distribution Channel
Market Breakup by Region
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Ingredient |
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| Breakup by Skin Type |
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| Breakup by Indication |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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