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Hyperpigmentation Disorders Treatment Market - Growth, Trends, and Forecast (2019 - 2030): Bayer AG, SkinCeuticals International: Cagr 7.0%

Hyperpigmentation disorders treatment market is driven by technological advancements within the pigmentation treatment and therapy arena, increasing patient awareness and health care expenditure, and rising geriatric population. Rising adoption of minimally invasive procedure, increasing medical tourism for aesthetics has been crucial in contributing to increasing growth of the hyperpigmentation disorders treatment market.

 

New York, NY -- (SBWIRE) -- 02/25/2020 -- Hyperpigmentation is a skin condition, where the skin turns dark in patches as compared to its normal surrounding skin. In most cases, formation of such patches occur due to the accumulation of excess of melanin, a brownish pigment responsible for normal skin colour. The condition of hyperpigmentation is known to affect people from all races.

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Major key Players:
Bayer Ag, Rxi Pharmaceuticals, Allergan, Galderma Laboratories, Skinceuticals International, Pierre Fabre Group, Epipharm Ag, Obagi Cosmeceuticals Llc., And Vivierpharma Among Others.

Hyperpigmentation Disorders Treatment Market Segmentation:

Treatment Type:

Topical Drugs, Chemical Peels, Phototherapy, Laser Therapy, and Microdermabrasion

Disease Indication:

Melasma, Solar Lentigines, and Post-inflammatory Hyperpigmentation

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End User:
Dermatology Centers, Aesthetic Clinics, and Hospitals

The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population.
Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global hyperpigmentation disorders treatment market in the coming times. Since, growing age brings about several changes in the skin conditions, namely melisma, solar lentigines and other forms of hyperpigmentation.

Highlights by Global Hyperpigmentation Disorders Treatment Market Report:

-Intact analysis of major driving factors and ongoing trends based on each Hyperpigmentation Disorders Treatment market segment and sub-segment.
-Deep evaluation of emerging technological advancements in the global Hyperpigmentation Disorders Treatment market.
-Extensive estimation of the key manufacturers in the Hyperpigmentation Disorders Treatment market with assessment of market size, share, growth rate, and revenue.
-Detailed study of historical market scenario of the Hyperpigmentation Disorders Treatment market including forecast estimations up to 2030.

However, high cost, complications & risk related to medical aesthetics products and treatment is probably going to restrain the market to a particular extent.

Various complications and risk associated with cosmetic treatments are major factors that are affecting the expansion of the hyperpigmentation disorders treatment industry inversely. Several complications like nerve damage, infections, seroma and embolism are known to cause serious adverse and side effects as a results of different cosmetic or aesthetic treatments. Similarly, patients have reported granulomas, and infections as long-term adverse effects caused as a results of cosmetic treatments.

The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population.