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Pigmentation Disorder Treatment Market Outlook and Worldwide Foresight 2017 – 2025
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Skin pigmentation treatment is of extreme importance as people are more concerned to improve the appearance of affected skin. In order to treat a skin pigmentation disorder, a physician or dermatologist uses 2 approaches that include: pharmacological treatment using topical drugs, hydroquinone, azelaic acid, L-ascorbic acid and cosmetic treatment using chemical peels, laser therapy, dermabrasion and skin grafting. As cosmetic treatment provides effective and efficient solution, thus it is most commonly preferred over pharmacological treatment methods.
Upgraded lifestyle coupled with elevating demand for skin lightening is anticipated to be the primary factor driving the pigmentation disorder treatment market. Growing aging population, rising incidence rates for skin disorders, increasing number of smokers, global warming and growing disposable income are some other factors fueling the pigmentation disorder treatment market. Additionally, advancements in tissue engineering coupled with adoption of novel techniques and skin care products is further anticipated to grow the market during the forecast period. However, high costs associated with cosmetic therapy and surgery is restraining the market growth.
On the basis of type of treatment, cosmetic treatment techniques are extensively used over other treatment types as cosmetic therapies are bound to give quick and effective results. Also, rising demand for skin brightening products from customer end is anticipated to propel the pigmentation disorder treatment market over the forecast period.
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Based on geography, global pigmentation disorder treatment market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America captured the largest shares in global pigmentation disorder treatment market and is projected to continue same trend over the forecast period due to the growing aging population and rising incidence of skin disorders. However, Asia Pacific is expected to register a fast growth during forecast period and is anticipated to be a profitable market for new market players in global pigmentation disorder treatment market.
Some of the key players present in global pigmentation disorder treatment market are Episciences, Inc., La Roche-Posay, Bayer AG, Allergan, Inc., SkinCeuticals International, Pierre Fabre Laboratories, Alvogen, Inc., Obagi Medical Products Inc., and others.
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