Hyperpigmentation Disorders Treatment Market

Hyperpigmentation disorder are harmless skin condition caused by darkened skin patches. Rising demand for outpatient dermabrasion procedures, increasing adoption of lasers and growing cosmetics expenditure are expected to drive the growth of the market. Additionally, rising RD spending followed aggressive strategies by the key market players is generating awareness for the disease boosting the market to grow. According to the American Society of Plastic Surgeons, the number of dermabrasion cosmetic procedures have increased from 42,218 in 2000 to 88,182 in 2016 with a 109% increase during the estimated period.

The Hyperpigmentation Disorders Treatment Market Size was valued at USD 4.6 billion in 2022 and is projected to grow from USD 4.9 Billion in 2023 to USD 8.79 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.6% during the forecast period (2023 - 2032).

Topical drugs are the most commonly used treatment for hyperpigmentation disorders. Hydroquinone is a popular topical drug used for treating hyperpigmentation disorders such as melasma and post-inflammatory hyperpigmentation . Chemical peels and microdermabrasion are also commonly used treatments for hyperpigmentation disorders . Laser therapy is an emerging treatment option that has shown promising results in treating hyperpigmentation disorders .

The COVID-19 pandemic has had a significant impact on the hyperpigmentation disorders treatment market. The pandemic has led to a decrease in demand for cosmetic procedures due to restrictions on non-essential medical procedures. However, as vaccination rates increase and restrictions are lifted, the market is expected to recover in the coming years.

Regional Analysis

The Asia-Pacific are likely to dominate the global hyperpigmentation disorders treatment market report.  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.

Hyperpigmentation Disorders Treatment Market Players

The global hyperpigmentation disorders treatment market players Allergan, Inc., Bayer AG, EpiPharm AG, Episciences, Inc., Galderma laboratories (Nestle Skin Health S.A), Obagi Cosmeceuticals LLC, Pierre Fabre, RXi Pharmaceuticals Corporation, SkinCeuticals International, and Vivier Pharma.

Segmentation

The global hyperpigmentation disorders treatment market has been segmented based on treatment type, disease indication, end-user, and region.

Based on treatment type, the market has been classified as topical drugs, chemical peels, microdermabrasion devices, laser therapy, phototherapy, and others. The market, by disease indication, has been segmented into melasma, solar lentigines, post-inflammatory hyperpigmentation, and others. based on end-user, the market has been segmented into hospitals, aesthetic clinics dermatology centres, and others. The topical drugs segment is expected to hold the largest market share of the hyperpigmentation disorders treatment market, by treatment type, during the forecast period. Also, by disease indication melasma segment register the considerable growth in comparison to other disease indication.

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