Europe Professional Acne Medication Market is expected to reach USD 1521.60 million by 2030

27-Dec-2023

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Advancement in treatment procedure and market strategies are driving up demand for Europe professional acne medication market during the forecast period.

Europe Professional Acne Medication Market was valued at USD 828.32 million in 2023 and is predicted to reach USD 1521.60 million by 2030, with a CAGR of 9.1% from 2024 to 2030, according to new research by Next Move Strategy Consulting. In Europe, growth in the professional acne medication market is propelled by advancements in treatment options. Recent years have witnessed a surge in innovative dermatological procedures, prescription medications, and specialized skincare products designed to meet the specific needs of individuals with acne.

Advanced treatments such as laser therapy and chemical peels offer precise targeting of acne lesions, ensuring quicker and more efficient results with minimal side effects. Tailored prescription medications, including topical retinoids and oral antibiotics, enhance efficacy, while specialized skin care products with advanced ingredients promise improved outcomes, fostering consumer confidence and contributing to market growth in Europe.

Moreover, professional acne medication market experiences growth driven by acquisition strategies among market players. A notable example is Sanofi's recent acquisition of Origimm Biotechnology GmbH, a private Austrian biotech company specializing in skin microbiome components and antigens related to skin diseases like acne. Such strategic moves, aligned with Sanofi's Play to Win strategy, contribute to industry leadership, fostering competition, and expanding the market by consolidating resources and expertise in dermatological innovation.

However, the growth of the professional acne medication market in some European countries faces obstacles due to high healthcare costs and limited insurance coverage. Acne treatments, involving various procedures, prescription medications, and dermatologist consultations, incur significant expenses. Inadequate insurance coverage places a greater financial burden on individuals, leading many to choose self-care or over-the-counter solutions over professional treatments, hindering market expansion.

On the other hand, ongoing technological advancements promise a bright future for the professional acne medication market in Europe. Advances in medical devices, especially in laser technology and microneedling, are set to revolutionize acne treatments, providing more effective and minimally invasive options.

State-of-the-art laser systems precisely target acne lesions, stimulating collagen production for smoother, blemish-free skin, while advanced microneedling devices enhance the efficiency of topical medications. As technology progresses, these innovations are expected to appeal to a wider patient base, driving growth in the professional acne medication market with advanced and patient-friendly solutions.

Request for a sample here: https://www.nextmsc.com/europe-professional-acne-medication-market/request-sample

According to the report, leading players in the Europe professional acne medication market include Almirall S.A., Bausch Health Companies, Inc., Pfizer Inc.,Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Bayer AG, Perrigo Company plc, L'Oréal S.A. (La, Roche-Posay Laboratoire Dermatologique), Johnson & Johnson, Galderma SA and others.

Key Insights from the Europe Professional Acne Medication Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the Europe professional acne medication market is provided in the report.

  • The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

  • The market share of players in the Europe professional acne medication market is provided in the report along with their competitive analysis.

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