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Medical Grade Skincare Market worth $168.06 billion by 2030, growing at a CAGR of 8.19% - Exclusive Report by 360iResearch

03-13-2024 07:00 AM CET | Health & Medicine

Press release from: 360iResearch

Medical Grade Skincare Market | 360iResearch

Medical Grade Skincare Market | 360iResearch

The "Medical Grade Skincare Market by Product (Cleansers, Gels, Creams & Moisturizers, Masks & Serums), Active Ingredients (Alpha Hydroxy Acids, Ceramides, Ferulic Acid), Packaging Type, Indication, Distribution Channels, Revenue Distribution - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Medical Grade Skincare Market to grow from USD 96.82 billion in 2023 to USD 168.06 billion by 2030, at a CAGR of 8.19%.

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Medical-grade skincare products are formulated with high-quality, potent ingredients and are usually available through licensed healthcare professionals such as dermatologists and physicians. Medical-grade skincare products are designed to address skin concerns and are often backed by scientific research and clinical testing. Medical-grade skincare products are generally formulated with higher concentrations of active ingredients such as retinoids, alpha hydroxy acids (AHAs), beta hydroxy acids (BHAs), antioxidants, and peptides. The growing demand for skin care products that offer advanced solutions and target specific skin concerns such as aging, acne, hyperpigmentation, and skin sensitivity is elevating the need for medical-grade skincare products. Limited availability and distribution channels that restrict consumer access, particularly those in remote areas with fewer healthcare professionals, hamper the market growth. The rising incorporation of cutting-edge technologies such as encapsulation systems, nanotechnology, and advanced delivery systems in medical-grade skincare products is expected to create opportunities for market growth.

The presence of advanced healthcare infrastructure, rising consumer awareness, and strong demand for innovative skincare solutions are the factors responsible for the growth of the medical grade skin care market in the Americas. Consumers in the Americas increasingly prefer anti-aging skincare, and sun protection, which address specific skin concerns such as acne, hyperpigmentation, and rosacea, thereby creating a platform for the medical grade skin care market in the Americas. With the increasing influence of K-beauty and J-beauty trends, there is a growing interest in advanced skincare solutions and medical grade skincare products in Asia-Pacific to address specific skin concerns. Europe, with countries such as Germany, France, the United Kingdom, Italy, and Spain, represents a developing landscape for the medical grade skincare market owing to the well-established distribution networks, advanced healthcare systems, and a strong emphasis on skincare. Platforms, including eCommerce, are gaining significant traction in the Americas, Europe, and Asia-Pacific region, allowing medical-grade skincare brands to reach a broader customer base.

Market Segmentation & Coverage:

This research report categorizes the Medical Grade Skincare Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Cleansers, Gels, Creams & Moisturizers, and Masks & Serums. The Gels, Creams & Moisturizers commanded largest market share of 31.54% in 2023, followed by Masks & Serums.

Based on Active Ingredients, market is studied across Alpha Hydroxy Acids, Ceramides, Ferulic Acid, Hyaluronic Acid, Kojic Acid, Salicylic Acid, and Vitamins. The Vitamins is further studied across Vitamin A, Vitamin B, Vitamin C, Vitamin E, and Vitamin K. The Vitamins commanded largest market share of 16.33% in 2023, followed by Alpha Hydroxy Acids.

Based on Packaging Type, market is studied across Bottle, Dispensing Pumps, and Tube. The Dispensing Pumps commanded largest market share of 33.58% in 2023, followed by Bottle.

Based on Indication, market is studied across Acne, Age Spots, Dry Skin, Fine Lines & Winkles, Hyperpigmentation, Skin Laxity, and Sun Damage. The Acne commanded largest market share of 18.13% in 2023, followed by Dry Skin.

Based on Distribution Channels, market is studied across Offline and Online. The Offline is further studied across Dermatology Clinics and Physicians. The Offline commanded largest market share of 87.17% in 2023, followed by Online.

Based on Revenue Distribution, market is studied across Sell-in and Sell-out. The Sell-in commanded largest market share of 71.92% in 2023, followed by Sell-out.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New Jersey, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.67% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Medical Grade Skincare Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Medical Grade Skincare Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Medical Grade Skincare Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, ALASTIN Skincare, Inc. by Galderma Laboratories, L.P., Alkem Laboratories Ltd., AllerganAesthetics, Alpyn Beauty, AlumierMD Labs, Inc., AMP Medical, LLC, Aspect Skincare by Advanced Skin Technology Pty Ltd., Audaja Inc., Augustinus Bader, Beiersdorf AG, Bioderma, Cipla Limited, Colgate-Palmolive Company, CosMedical Technologies, Cosmetic Solutions, DefenAge by Progenitor Biologics, LLC, DERMAdoctor, LLC by NovaBay Pharmaceuticals, Eau Thermale Avene by Pierre Fabre Group, Environ Skin Care (Pty) Ltd., Epicutis, Episciences, Inc., ESK Care Pty Limited, Estée Lauder Companies Inc., Evolve Med Spa, GlaxoSmithKline PLC, Glenmark Pharmaceuticals Limited, Honasa Consumer Ltd., Image Skincare, INSKIN Cosmedics Group Pty Ltd., Inspira Skin, iS Clinical, Jan Marini Skin Research, L'Oréal S.A., NEOCUTIS by Merz North America, Inc., NeoStrata Company, Inc. by Johnson & Johnson Services, Inc., Obagi Cosmeceuticals LLC, Piramal Pharma Limited, Revision Skincare, Sebapharma GmbH & CO. KG, Sente, Inc., Shiseido Company, Limited, Skin + Me, The Skincare Company, Topix Pharmaceuticals, Inc., Trilogy Laboratories, LLC, Unilever PLC, USRx LLC, and ZO Skin Health, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Medical Grade Skincare Market, by Product
7. Medical Grade Skincare Market, by Active Ingredients
8. Medical Grade Skincare Market, by Packaging Type
9. Medical Grade Skincare Market, by Indication
10. Medical Grade Skincare Market, by Distribution Channels
11. Medical Grade Skincare Market, by Revenue Distribution
12. Americas Medical Grade Skincare Market
13. Asia-Pacific Medical Grade Skincare Market
14. Europe, Middle East & Africa Medical Grade Skincare Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Medical Grade Skincare Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Medical Grade Skincare Market?
3. What is the competitive strategic window for opportunities in the Medical Grade Skincare Market?
4. What are the technology trends and regulatory frameworks in the Medical Grade Skincare Market?
5. What is the market share of the leading vendors in the Medical Grade Skincare Market?
6. What modes and strategic moves are considered suitable for entering the Medical Grade Skincare Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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