Pigmentation Disorders Treatment Market – Opportunities in Key Application Sectors by 2025

MarketResearchReports.Biz announces addition of new report "Pigmentation Disorders Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its database.

The main objective of this report is to define, describe, and forecast the global “Pigmentation Disorders Treatment” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Melanin is a major determinant of skin pigmentation, synthesized by melanocytes within melanosomes. The variation in skin color in various population groups can be attributed to the number of melanosomes, distribution of melanin units in the epidermis of the skin, and the degree of melanization. The normal pigmentation in the skin is influenced by various factors such as the location and amount of melanin present, thickness of the horny layer of the skin, degree of vascularity, and the presence of carotene. Pigmentation disorders are caused either due to the excessive production of melanin known as hyper-pigmentation or lack of production of it in the melanocytes, known as hypo-pigmentation. Factors causing pigmentation disorders can be genetic, chemical factors, infections, tumors, and endocrine, among others.

The global pigmentation disorders treatment market is anticipated to grow during the forecast period, owing to increase in demand for non-invasive procedures which would dominate the market; growing awareness among people about esthetics, technological advances, rise in beauty consciousness among both men and women, and increase in prevalence of pigmentation disorders, among others. According to the American Academy of Dermatology, 5 million to 6 million women and over 50% to 75% of pregnant women in the U.S. are affected by melasma. Over 80% of pregnant women in Mexico suffer from melasma. Vitiligo is known to affect 1.3% of the total population. Furthermore, according to the American Society for Aesthetic Plastic Surgery (ASAPS), non-invasive modes of treatment are gaining popularity, and laser therapies, intense pulse light therapies, and chemical peels are the most preferred modes of treatment. Chemical peel therapy was the fifth most preferred treatment mode in 2016 and over 616,225 procedures were performed in the U.S. However, lack of reimbursement in certain regions, high cost of treatment, and the number of sessions required for the treatment is likely to have a negative impact on the growth of the market.

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The global pigmentation disorders treatment market can be segmented based on treatment type, disease indication, end-user, and region. In terms of treatment type, the market can be categorized into pharmacological and cosmetic. The pharmacological segment can be sub-segmented into topical drugs, L-ascorbic acid, hydroquinone, and others. The cosmetic segment can be divided into laser therapy, microdermabrasion, chemical peels, and others. The cosmetic segment is anticipated to expand at a significantly high CAGR during the forecast period. This can be attributed to increase in demand for less invasive and non-invasive procedures, and faster and effective treatment. Based on disease indication, the global pigmentation disorders treatment market can be classified into hypo-pigmentation and hyper-pigmentation. Hypo-pigmentation can be sub-segmented into vitiligo, albinism, and others. Hyper-pigmentation can be sub-divided into melasma, post-inflammatory hyperpigmentation, solar lentigines, and others. In terms of end-user, the market can be categorized into hospitals, clinics, specialty dermatology centers, home-use, and others.

Geographically, the global pigmentation disorders treatment market can be segmented into five regions: North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounted for the largest share of the global market in terms of revenue in 2016 and the trend is anticipated to continue during the forecast period. Strong growth in the region can be attributed to increase in the prevalence of pigmentation disorders in the region. Europe is expected to be the second leading market for pigmentation disorders treatment. However, the sluggish economy in the region is likely to negatively impact the growth of the market. The market in Asia Pacific is anticipated to record a significantly high CAGR owing to factors such as rise in patient population, growing government focus on enhancing health care facilities, and increase in product approvals.

Leading players operating in the global pigmentation disorders treatment market are Pierre Fabre Laboratories, Bayer AG, Obagi Medical Products, Inc., SkinCeuticals International, Allergan, Inc., Alvogen, Inc., Cynosure, Inc., Ellipse A/S, and Episciences, Inc., among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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