Hyperpigmentation Disorder Treatment Market to Gain More from Various Research & Development Plans
Market Research Future (MRFR) has detailed coverage of the market to ensure better understanding of the various growth possibilities. The global Hyperpigmentation Disorders Treatment Market is all set to score a valuation that would surpass the previous one of USD 3,915 million in 2017 at a 7.1% CAGR between 2018 and 2023.
There are several companies that are taking part in the global market for hyperpigmentation disorders treatment. These companies have been profiled and recorded well by MRFR for an insightful analysis that can initiate several changes in the market. The enlisted companies are Bayer AG, Allergan, Inc., Episciences, Inc., EpiPharm AG, Obagi Cosmeceuticals LLC, Galderma laboratories (Nestle Skin Health S.A), SkinCeuticals International, Pierre Fabre, RXi Pharmaceuticals Corporation, and Vivier Pharma. These companies are relying mostly on various mergers, acquisitions, other tie-ups, and branding strategy.
- Medical devices manufacturers
- Pharmaceutical Companies
- Medical devices product distributors and suppliers
- Healthcare providers
- Research institutes and academic centers
- Government associations
- Market research and consulting
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Hyperpigmentation disorder causes the appearance of skin patches that are dark in nature like brown or black. The disorder is quite common and can be treated using various procedures. For instance, the minimally invasive dermabrasion procedures, lasers in pigmentation disorders treatment and others can significantly impact the market growth. The cosmetics market is also witnessing a strong rise in investment in the cosmetics market. Better research and development expenditure, various marketing strategies and others are expected to make sure that the market gains better prospects in the coming years. However, lack of reimbursement strategies, high costs involved in the procedure, and others can deter the market from achieving its expected growth rate.
The global market focusing on integrates segments like disease indication, treatment type, and end-user. These segments are expected to hold significant information regarding various inputs that can impact the market in the coming years.
By treatment type, the market for hyperpigmentation disorders treatment market can be segmented into phototherapy, chemical peels, topical drugs, laser therapy, microdermabrasion, and others. the topical drugs segment has better market coverage.
By disease indication, the market report for hyperpigmentation disorders treatment includes post-inflammatory hyperpigmentation, solar lentigines, melasma, and others. The melasma segment can register significant market growth in the coming years.
By end user, the market study of the hyperpigmentation disorders treatment comprises aesthetic clinics & dermatology centers, hospitals, and others.
LIST OF TABLES
Table 1 Global Hyperpigmentation Disorders Treatment Market Synopsis, 2018–2023
Table 2 Global Hyperpigmentation Disorders Treatment Market Estimates and Forecast, 2018–2023 (USD Million)
Table 3 Global Hyperpigmentation Disorders Treatment Market, by Region, 2018–2023 (USD Million)
Table 4 Global Hyperpigmentation Disorders Treatment Market, by Treatment Type, 2018–2023 (USD Million)
Table 5 Global Hyperpigmentation Disorders Treatment Market, by Disease Indication, 2018–2023 (USD Million)
Table 6 Global Hyperpigmentation Disorders Treatment Market, by End-User, 2018–2023 (USD Million)
Table 7 North America: Hyperpigmentation Disorders Treatment Market, by Treatment Type, 2018–2023 (USD Million)
Table 8 North America: Hyperpigmentation Disorders Treatment Market, by Disease Indication, 2018–2023 (USD Million)
Table 9 North America: Hyperpigmentation Disorders Treatment Market, by End-User, 2018–2023 (USD Million)
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Global Regional Analysis
The Asia-Pacific are likely to dominate the global hyperpigmentation disorders treatment market. Rising awareness of hyperpigmentation disorders, presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure are some of the factors driving the market. The Americas stood second in the global hyperpigmentation disorders treatment market owing to government funding and support for healthcare sector. Moreover, presence of developed economies like US and Canada provides suitable backgrounds for the market growth. Europe is expected to be the third largest hyperpigmentation disorders treatment market. Following the Europe, the Middle East & Africa is expected to account for the least share of the global hyperpigmentation disorders treatment market.
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