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Prescription Acne Treatment Manufacturing in the US Industry Market Research Report from IBISWorld Has Been Updated
Date:11/19/2013

Los Angeles, CA (PRWEB) November 19, 2013

Acne remains a common skin disorder experienced by teenagers and adolescents, affecting about 40 million to 50 million Americans, according to the American Academy of Dermatology. Due to increasing demand for acne treatments, the Prescription Acne Treatment Manufacturing industry has exhibited positive growth during the five years to 2013, and during the period, IBISWorld estimates that industry revenue has increased. Because acne-prone individuals consider treatment products a necessary expense, revenue continued to rise despite the recession, though growth did slow as consumers switched to more inexpensive products like over-the-counter (OTC) acne treatments. In addition, the increasing prevalence of adult-onset and persistent acne conditions has given rise to new, targeted products and an expanded consumer base, supporting revenue growth during the period. In 2013, with modest economic improvements giving way to greater disposable income growth, industry revenue is expected to increase.

According to IBISWorld Analyst Anna Son, “IBISWorld estimates that the top three players (Valeant Pharmaceuticals International Inc., Allergan Inc. and Galderma Laboratories LP) account for more than 20.0% of industry market share in 2013,” reflecting a low level of concentration. The remainder of the industry is characterized by a large number of small and medium-size businesses. Moreover, IBISWorld research indicates that companies employ only about 41 workers on average. In recent years, demand for prescription acne treatments has been mellow due to the rising use of OTC acne products, which are significantly less expensive and more easily accessible than their prescription counterparts. I
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