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Hyperpigmentation Disorder Treatment Market Comprehensive Analysis and Future Estimations by 2030

07-10-2024 05:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The Hyperpigmentation Disorder Treatment Market size is expected to grow from US$ 6.68 billion in 2022 to US$ 11.78 billion by 2030; it is anticipated to record a CAGR of 7.4% from 2022 to 2030.

Market Drivers of the Hyperpigmentation Disorder Treatment Market

Rise in Prevalence of Melasma

Melasma, one of the most dominant hyperpigmentation conditions, is characterized by symmetrical light to dark muddy-brown macules with borders on the face, particularly the chin, upper lip, nose, forehead, and cheeks. It is prevalent among women and those with darker complexion. Malar, mandibular, and centrofacial clinical features are common in melasma. Sun exposure, hormonal variations, pregnancy, hereditary factors, cosmetics, and medicines have all been linked to the development of melasma.

to a study published in Elsevier BV in September 2023, Various studies have estimated that the overall prevalence of melasma in the general population ranges from 1% to 50%.%. 55-64% of melasma cases have reported a family history of the same condition. Moreover, a greater prevalence is reported in individuals of East Asian and Hispanic origins as well as in patients with high Fitzpatrick skin phototypes (IV to VI); it is also higher in individuals living in locations that receive intense UV radiation.

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Analysis of the Top Market Players:
1. Abbvie Inc.
2. Bayer AG
3. Epipharm AG
4. Galderma Laboratories
5. Obagi Cosmeceuticals LLC
6. Lutronic Corporation
7. La Pristine
8. L'oreal S.A
9. Pierre Fabre Group
10. Vivier Pharma USA

In this report, the market has been segmented on the basis of:

Treatment Type
• Cosmeceutical
• Light Or Laser Therapy
• Microdermabrasion
• Chemical Peels
• Cryotherapy

Condition
• Melasma
• Solar Lentigines
• Post-Inflammatory Hyperpigmentation

End User
• Hospitals
• Dermatology Centers

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Pregnancy is another common cause of melasma. This condition also impacts women taking oral contraceptives and hormones. Estrogen, progesterone, and melanocyte-stimulating hormone levels normally rise during the third trimester of pregnancy, which may be a factor. According to the National Center for Biotechnology Information (NCBI) in August 2023, melasma is more common in reproductive years, and it rarely occurs before puberty; the condition occurs in 15-50% of pregnant women, and its prevalence ranges from 1.5% to 33%, depending on the population in a different region. Therefore, an upsurge in melasma prevalence triggers the demand for hyperpigmentation treatments.

Opportunities in the Hyperpigmentation disorder treatment Market

Major hyperpigmentation disorder treatment market players focus on research and development activities to develop and launch innovative and efficient products. They are also making efforts to win regulatory approvals for their products. Some of the recent product developments and launches, which are likely to create ample growth opportunities for market players, are mentioned below.

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