The global tretinoin market is anticipated to grow at a significant CAGR during the forecast period. Tretinoin is also known as retinoic acid with the generic name for synthetic vitamin A. Tretinoin is a medicinal formula that is primarily used to treat acne and sun damaged skin. Thus, the pivotal factor driving the market growth includes the growing demand for effective acne treatment alternative. It has been observed as a prominent trend that people have become more conscious about dermatological issues. Thus, the acne infections, being a prevalent dermatological issue calls for an effective medical solution such as tretinoin. Thus, the growing cases of dermatological issues throughout the globe is anticipated to surge the demand for tretinoin which is thereby propelling the market growth. Tretinoin is sold under several different brand names.
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Adding to this, the easy availability and the convenient access to tretinoin as an over-the-counter medication especially in the form of tropical application as creams and tubes is further anticipated to propel the market growth. It is also used orally to treat acute promyelocytic leukemia and is on the World Health Organization’s (WHO’s) List of Essential Medicines, a list of the key essential medications mandated for a basic health system. Further, with the rising look conscious population base coupled with the growing skin therapeutics solutions, the market for tretinoin is further anticipated to grow during the forecast period. Although tretinoin does not support in erasing deep wrinkles, however, it can support repair the appearance of damaged skin through fine lines, surface wrinkles, and darks spots. Thus, the gradually aging adult population base is also anticipated to spur the global tretinoin market.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Application
o By Distribution Channel
o By Route of Administration
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: GlaxoSmithKline plc, Mylan NV, and Johnson & Johnson Services, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Tretinoin Market Report by Segment
By Application
- Acne
- Acute Promyelocytic Leukemia (APL)
By Distribution Channel
- Hospitals & Clinics Pharmacies
- Retail Pharmacies
- Online Pharmacies
By Route of Administration
- Topical
- Oral
- Others
A full report of Tretinoin Market is available at: https://www.omrglobal.com/industry-reports/tretinoin-market
Tretinoin Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- GlaxoSmithKline plc
- Mylan NV
- Johnson & Johnson Services, Inc.
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