Overview and Scope
Pigmentation disorder treatment refers to the various methods and procedures used to address and manage conditions that affect the skin’s pigmentation. These treatments aim to restore or balance skin pigmentation, reduce the appearance of dark spots or patches, and improve overall skin tone and appearance.
Sizing and 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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Segmentation & Regional Insights
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
Top 5 Major Players:
- AbbVie Inc
- Novartis AG
- Sanofi S.A.
- Bristol-Myers Squibb
- L’Oréal S.A
North America was the largest region in the pigmentation disorders treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pigmentation disorders treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
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
The pigmentation disorders treatment market report table of contents includes:
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. Global Pigmentation Disorders Treatment Market Size and Growth
….
32. Global Pigmentation Disorders Treatment Market Competitive Benchmarking
33. Global Pigmentation Disorders Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pigmentation Disorders Treatment Market
35. Pigmentation Disorders Treatment Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Pigmentation Disorders Treatment Market, Segmentation By Treatment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Pigmentation Disorders Treatment Market, Segmentation By Drugs, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Pigmentation Disorders Treatment Market, Segmentation By Type Of Disorder, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 76: AbbVie Inc. Financial Performance
Table 77: Novartis AG Financial Performance
Table 78: Sanofi S.A. Financial Performance
Table 79: Bristol-Myers Squibb Financial Performance
Table 80: L’Oreal S.A. Financial Performance
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