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Skin Harmony: Pigmentation Disorders Treatment Market Insights Illuminate Size, Trends, and Forecast || AbbVie Inc., Novartis AG, Sanofi S.A
Pigmentation Disorders Treatment Market
The Business Research Company offers in-depth market insights through Pigmentation Disorders Treatment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The pigmentation disorders treatment market size has grown strongly in recent years. It will grow from $5.63 billion in 2023 to $6.14 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to topical treatments development, dermatological advancements, sunscreen and sun protection, chemical exfoliation methods, consumer awareness and education.
The pigmentation disorders treatment market size is expected to see strong growth in the next few years. It will grow to $8.33 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to enhanced delivery systems, microbiome-based therapies, regenerative medicine adoption, rise in telemedicine services, gene therapy and biologics. Major trends in the forecast period include skin health education programs, bio-inspired skincare solutions, non-invasive treatment modalities, neurocosmetics and psychodermatology, legal regulations and safety standards.
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Market Segmentation:
The pigmentation disorders treatment market covered in this report is segmented -
1) By Treatment Type: Topical Treatment, Dermabrasion, Chemical Peels, Laser Treatment, Phototherapy, Other Treatment Types
2) By Drugs: Calcineurin Inhibitors, Melanocyte-Stimulating Hormone, Other Drug Types
3) By Type Of Disorder: Albinism, Vitiligo, Melasma, Post-Inflammatory Hyperpigmentation (PIH), Other Types Of Disorder
4) By Route Of Administration: Oral, Topical, Other Routes Of Administration
5) By Distribution Channel: Dermatology Clinics, Aesthetic Clinics, Drugstores And Cosmetic Stores, E-Commerce, Other Distribution Channels
Major Driver - Increasing Prevalence Of Pigmentation Disorders Drives Growth Of Treatment Market
The increasing prevalence of pigmentation disorders is expected to propel the growth of the pigmentation disorder treatment market going forward. Pigmentation disorders refer to conditions characterized by the abnormal or uneven coloring of the skin, hair, or eyes, which can be caused by various factors such as genetics, hormonal changes, sun exposure, or underlying medical conditions. Treatment for pigmentation disorders involves multiple approaches, such as topical medications, laser therapy, chemical peels, and microdermabrasion, aimed at reducing or lightening dark spots, patches, or irregular skin pigmentation caused by conditions such as albinism, melasma, vitiligo, or hyperpigmentation. For instance, in June 2021, according to a report published by the Office of the United Nations High Commissioner for Human Rights (OHCHR), a Switzerland-based United Nations body dedicated to safeguarding and promoting human rights globally, the prevalence of albinism (an inherited condition that leads to someone having very light skin, hair, and eyes) was estimated to range between 1 person in 17,000 and 1 person in 20,000 in Europe and North America. In addition, higher prevalence rates were reported in specific regions, such as the Netherlands (1 in 12,000) and Northern Ireland (1 in 4,500-6,600). Therefore, the increasing prevalence of pigmentation disorders is driving the growth of the pigmentation disorders treatment market.
Competitive Landscape:
Major companies operating in the pigmentation disorders treatment market report are AbbVie Inc., Novartis AG, Sanofi S.A., Bristol-Myers Squibb, L'Oréal S.A., Astellas Pharma Inc., Bausch Health Companies Inc., Bayer AG, Strides Pharma Science Limited, Galderma S.A., Incyte Corporation, Panacea Biotec Ltd., Dr. Reddy's Laboratories Ltd., Laboratories Pierre Fabre, Glenmark Pharmaceuticals Limited., Dermavant Sciences Inc., Lumenis Be Ltd., Accord Healthcare, Obagi Medical Products Inc., Fotona d.o.o., Sesderma SL, DermaMed Solutions LLC., Vital Esthetique, Vivier Pharma, Arcutis Biotherapeutics, Episciences Inc., Phio Pharmaceuticals Inc., Scientis SA, Philadelphia Pharmaceutical
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Top Trend - Innovative Technologies Transform Pigmentation Disorder Treatment Market
Technological advancements are a key trend gaining popularity in the pigmentation disorder treatment market. Major companies operating in the pigmentation disorders treatment market are focused on developing innovative products through advanced technologies to strengthen their position and gain a competitive advantage. For instance, in March 2022, Scientis SA, a Switzerland -based company specializing in skincare, launched Cyspera Intensive System, a comprehensive three-product solution designed to address and enhance hyperpigmentation. This system incorporates dual chamber technology and features key ingredients such as Cysteamine Isobionic-Amid Complex, AHA-Amino Acid Complex, and Isobionic-Amide Complex. These components work together to deliver potent antioxidant activity, balance the skin's pH, and provide anti-inflammatory benefits, effectively improving the appearance of persistent brown patches and dark spots.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pigmentation Disorders Treatment Market Characteristics
3. Pigmentation Disorders Treatment Market Trends And Strategies
4. Pigmentation Disorders Treatment Market - Macro Economic Scenario
5. Pigmentation Disorders Treatment Market Size And Growth
…..
27. Pigmentation Disorders Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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