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The global pigmentation disorder therapeutics market is expected to grow at a CAGR of almost 7% during the forecast
Pigmentation disorder therapeutics industry growth is expected to accelerate massively over the next five years, driven by growing number of products being launched for skin pigmentation treatment. The Americas will drive almost 42% of the growth for the global pigmentation disorder therapeutics market, while EMEA and APAC are also predicted to make significant contributions to the incremental growth in the forecast period. Continuous research is being conducted on contents that can be used to manufacture products for pigmentation disorder treatment. Pigmentation can be reduced by regulating the tyrosinase enzyme although the use of hydroquinone is debated as it is banned in several countries across the globe. Technavio’s pigmentation disorder therapeutics industry analysis reveals promising markets around the world.
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Increasing awareness about hyperpigmentation and pigmentation disorders is driving the market growth
The global pigmentation disorder therapeutics market is likely to be driven by rise in awareness of pigmentation disorders. Various organizations are taking initiatives to increase the awareness about disorders such as vitiligo, which is expected to drive the demand for skin pigmentation treatment across the globe. People across the globe are concerned about their appearance and are growingly opting for pigmentation disorder treatment. Also, the increasing investments to fulfil needs for a healthy skin is forecasted to drive the growth of the pigmentation disorder therapeutics industry over the next few years.
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Allergan, Nestlé, and Pierre Fabre are among the leading vendors in the pigmentation disorder therapeutics market
The global pigmentation disorder therapeutics market is expected to grow increasingly fragmented with the emergence of several international and regional companies that offer products for skin pigmentation treatment. Most of the established companies in the pigmentation disorder therapeutics market are focused on developing safe products for the treatment of hyperpigmentation. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several companies, including:
- Allergan
- Nestlé
- Pierre Fabre
- SkinCeuticals
- Vivier
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