Global Hyperpigmentation Treatment Market Size, Share & Trends Analysis Report By Treatment Type, By End User, By Disorder Type . By Regional Outlook and Forecast, 2023 - 2030
The Global Hyperpigmentation Treatment Market size is expected to reach $9.3 billion by 2030, rising at a market growth of 8.2% CAGR during the forecast period.
There is a notable increase in awareness about skincare practices among the population in Mexico. The Mexican population has a growing cosmetic consciousness, with individuals expressing a desire for clear and even-toned skin. Consequently, the North America region would generate a revenue of USD 1,818.2 Million in 2022. The high prevalence of hyperpigmentation in North America creates a substantial demand for effective treatment solutions. North America boasts advanced healthcare infrastructure, including well-equipped dermatological clinics and hospitals.
Social media platforms amplify skincare trends and routines, including Instagram, TikTok, and YouTube. Influencers and skincare enthusiasts showcase their hyperpigmentation treatment journeys, fostering awareness and inspiring others to explore similar interventions. Therefore, the hyperpigmentation treatment market is expanding significantly due to the social media influence and beauty standards.
Additionally, Individuals with a higher disposable income can afford professional hyperpigmentation treatments dermatologists and skincare professionals offer. This includes procedures such as laser therapy, chemical peels, and other advanced interventions. Thus, because of the higher level of disposable income, the market is anticipated to increase significantly.
However, Affordability challenges may contribute to disparities in treatment access across different demographics and socioeconomic groups. This can lead to unequal distribution of hyperpigmentation treatment benefits. Disparities in treatment access create challenges for achieving inclusive market growth, as certain population segments may be underserved or excluded due to financial constraints. Thus, high treatment costs can slow down the growth of the market.
Furthermore, Lockdowns, restrictions, and temporary closures of production facilities led to interruptions in the supply of raw materials and finished products. This disruption resulted in delays in the production and distribution of hyperpigmentation treatment products, affecting the availability of certain formulations, topical agents, and devices in the market. Thus, the COVID-19 pandemic had a moderate effect on the market.
By Treatment Type Analysis
By treatment type, the market is categorized into topical agent, photo therapy, and microdermabrasion. In 2022, the topical agent segment held a 44.40 % revenue share in the market. Topical agents offer a non-invasive treatment option, eliminating the need for surgical procedures or more aggressive interventions. The non-invasive nature of topical treatments appeals to individuals who prefer less downtime and minimal discomfort. This characteristic contributes to the widespread adoption of the topical agent segment in the hyperpigmentation treatment market.
By End User Analysis
On the basis of end user, the market is divided into hospitals, dermatological clinics, and others. The hospitals segment garnered a 40.6 % revenue share in the market in 2022. Hospitals often house advanced dermatological departments equipped with state-of-the-art technologies and skilled healthcare professionals. These facilities offer comprehensive services for diagnosing and treating various skin conditions, including hyperpigmentation.
By Disorder Type Analysis
Based on disorder type, the market is classified into age spot, melasma, and other. In 2022, the melasma segment witnessed a 47.81 % revenue share in the market. Melasma is a common pigmentary disorder, and its prevalence has steadily increased. Factors like hormonal changes, genetic predisposition, and sun exposure contribute to the rising incidence of melasma. Melasma is often hormonally mediated and is commonly associated with pregnancy, oral contraceptive use, and hormonal therapies. The condition predominantly affects women, particularly those in their reproductive years.
By Regional Analysis
Region-wise, the treatment market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired a 28.57 % revenue share in the treatment market. There is a growing awareness of skincare practices and a shift towards proactive skin health management in the Asia Pacific. Adopting Western beauty standards has influenced skincare preferences in the Asia Pacific region. The increasing emphasis on aesthetics and appearance enhancement drives the demand for cosmetic procedures in the Asia Pacific.
List of Key Companies Profiled
Vivier Pharma Inc.
Pierre Fabre S.A
Aerolase
L'Oreal S.A.
CP Skin Health Group, Inc. (The Colgate Palmolive Company)
Trophy Skin Products LLC
The Alchemee LLC (Taro Pharmaceutical Industries Ltd.)
Episciences, Inc.
The Procter and Gamble Company
Galderma S.A.
Global Hyperpigmentation Treatment Market Report Segmentation
By Treatment Type
Topical Agent
Photo Therapy
Microdermabrasion
By End User
Dermatological Clinics
Hospitals
Others
By Disorder Type
Melasma
Age Spot
Others
By Geography
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific
LAMEA
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
1.4.1Global Hyperpigmentation Treatment Market, by Treatment Type
1.4.2Global Hyperpigmentation Treatment Market, by End User
1.4.3Global Hyperpigmentation Treatment Market, by Disorder Type
1.4.4Global Hyperpigmentation Treatment Market, by Geography
1.5Methodology for the research
Chapter 2.Market at a Glance
2.1Key Highlights
Chapter 3.Market Overview
3.1Introduction
3.1.1Overview
3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
3.2.1Market Drivers
3.2.2Market Restraints
3.2.3Market Opportunities
3.2.4Market Challenges
3.3Porter's Five Forces Analysis
Chapter 4.Global Hyperpigmentation Treatment Market by Treatment Type
4.1Global Topical Agent Market by Region
4.2Global Photo Therapy Market by Region
4.3Global Microdermabrasion Market by Region
Chapter 5.Global Hyperpigmentation Treatment Market by End User
5.1Global Dermatological Clinics Market by Region
5.2Global Hospitals Market by Region
5.3Global Others Market by Region
Chapter 6.Global Hyperpigmentation Treatment Market by Disorder Type
6.1Global Melasma Market by Region
6.2Global Age Spot Market by Region
6.3Global Others Market by Region
Chapter 7.Global Hyperpigmentation Treatment Market by Region
7.1North America Hyperpigmentation Treatment Market
7.1.1North America Hyperpigmentation Treatment Market by Treatment Type
7.1.1.1North America Topical Agent Market by Country
7.1.1.2North America Photo Therapy Market by Country
7.1.1.3North America Microdermabrasion Market by Country
7.1.2North America Hyperpigmentation Treatment Market by End User
7.1.2.1North America Dermatological Clinics Market by Country
7.1.2.2North America Hospitals Market by Country
7.1.2.3North America Others Market by Country
7.1.3North America Hyperpigmentation Treatment Market by Disorder Type
7.1.3.1North America Melasma Market by Country
7.1.3.2North America Age Spot Market by Country
7.1.3.3North America Others Market by Country
7.1.4North America Hyperpigmentation Treatment Market by Country
7.1.4.1US Hyperpigmentation Treatment Market
7.1.4.1.1US Hyperpigmentation Treatment Market by Treatment Type
7.1.4.1.2US Hyperpigmentation Treatment Market by End User
7.1.4.1.3US Hyperpigmentation Treatment Market by Disorder Type
7.1.4.2Canada Hyperpigmentation Treatment Market
7.1.4.2.1Canada Hyperpigmentation Treatment Market by Treatment Type
7.1.4.2.2Canada Hyperpigmentation Treatment Market by End User
7.1.4.2.3Canada Hyperpigmentation Treatment Market by Disorder Type
7.1.4.3Mexico Hyperpigmentation Treatment Market
7.1.4.3.1Mexico Hyperpigmentation Treatment Market by Treatment Type
7.1.4.3.2Mexico Hyperpigmentation Treatment Market by End User
7.1.4.3.3Mexico Hyperpigmentation Treatment Market by Disorder Type
7.1.4.4Rest of North America Hyperpigmentation Treatment Market
7.1.4.4.1Rest of North America Hyperpigmentation Treatment Market by Treatment Type
7.1.4.4.2Rest of North America Hyperpigmentation Treatment Market by End User
7.1.4.4.3Rest of North America Hyperpigmentation Treatment Market by Disorder Type
7.2Europe Hyperpigmentation Treatment Market
7.2.1Europe Hyperpigmentation Treatment Market by Treatment Type
7.2.1.1Europe Topical Agent Market by Country
7.2.1.2Europe Photo Therapy Market by Country
7.2.1.3Europe Microdermabrasion Market by Country
7.2.2Europe Hyperpigmentation Treatment Market by End User
7.2.2.1Europe Dermatological Clinics Market by Country
7.2.2.2Europe Hospitals Market by Country
7.2.2.3Europe Others Market by Country
7.2.3Europe Hyperpigmentation Treatment Market by Disorder Type
7.2.3.1Europe Melasma Market by Country
7.2.3.2Europe Age Spot Market by Country
7.2.3.3Europe Others Market by Country
7.2.4Europe Hyperpigmentation Treatment Market by Country
7.2.4.1Germany Hyperpigmentation Treatment Market
7.2.4.1.1Germany Hyperpigmentation Treatment Market by Treatment Type
7.2.4.1.2Germany Hyperpigmentation Treatment Market by End User
7.2.4.1.3Germany Hyperpigmentation Treatment Market by Disorder Type
7.2.4.2UK Hyperpigmentation Treatment Market
7.2.4.2.1UK Hyperpigmentation Treatment Market by Treatment Type
7.2.4.2.2UK Hyperpigmentation Treatment Market by End User
7.2.4.2.3UK Hyperpigmentation Treatment Market by Disorder Type
7.2.4.3France Hyperpigmentation Treatment Market
7.2.4.3.1France Hyperpigmentation Treatment Market by Treatment Type
7.2.4.3.2France Hyperpigmentation Treatment Market by End User
7.2.4.3.3France Hyperpigmentation Treatment Market by Disorder Type
7.2.4.4Russia Hyperpigmentation Treatment Market
7.2.4.4.1Russia Hyperpigmentation Treatment Market by Treatment Type
7.2.4.4.2Russia Hyperpigmentation Treatment Market by End User
7.2.4.4.3Russia Hyperpigmentation Treatment Market by Disorder Type
7.2.4.5Spain Hyperpigmentation Treatment Market
7.2.4.5.1Spain Hyperpigmentation Treatment Market by Treatment Type
7.2.4.5.2Spain Hyperpigmentation Treatment Market by End User
7.2.4.5.3Spain Hyperpigmentation Treatment Market by Disorder Type
7.2.4.6Italy Hyperpigmentation Treatment Market
7.2.4.6.1Italy Hyperpigmentation Treatment Market by Treatment Type
7.2.4.6.2Italy Hyperpigmentation Treatment Market by End User
7.2.4.6.3Italy Hyperpigmentation Treatment Market by Disorder Type
7.2.4.7Rest of Europe Hyperpigmentation Treatment Market
7.2.4.7.1Rest of Europe Hyperpigmentation Treatment Market by Treatment Type
7.2.4.7.2Rest of Europe Hyperpigmentation Treatment Market by End User
7.2.4.7.3Rest of Europe Hyperpigmentation Treatment Market by Disorder Type