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Hypopigmentation Disorder Treatment Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2023 July 24
SKU : PH1018
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180 pages
Report Summary
Table of Contents

Global Hypopigmentation Disorder Treatment Market is segmented By Treatment (Topical drugs, Laser therapy, Chemical peels, Microdermabrasion, Others), By Disease (Vitiligo, Albinism, Others), By End User (Hospitals, Aesthetic clinics & Dermatology centers, Others)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Hypopigmentation Disorder Treatment Market Overview

The Global Hypopigmentation Disorder Treatment Market is expected to grow at a high CAGR during the forecasting period (2023-2030). 

The natural coloring of a human or animal's skin is known as pigmentation. Pigmentation disorders are caused by a change in the level of melanin, a pigment produced by melanocytes. According to the United Nations (UN) estimates, albinism is present in one out of 17,000 to 20,000 people in North America and Europe. In Africa one in every 5,000 to 15,000 people have albinism. Prevalence of albinism is high in African nations. Although hypopigmentation may occur among people of all races, the occurrence of such a condition is more noticeable among individuals with a dark complexion. Hypopigmentation is caused by the absence of a normal amount of melanin because of disease, injury, burns, or other trauma. Hypopigmentation disorders include vitiligo and albinism. Treatments of this disease include topical drugs, laser therapy, chemical peels, microdermabrasion, and phototherapy.

 

Hypopigmentation Disorder Treatment Market Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Treatment, By Disease, By End User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

Hypopigmentation Disorder Treatment Market Dynamics and Trends

The major drivers fueling the growth of the market are rise in prevalence of vitiligo and albinism, increase in awareness about hypopigmentation disorders, increase in health care expenditure, rich product pipeline, and rise in the number of clinical trials

According to the Global Vitiligo Foundation, in 2017, around 70 million people across the world had vitiligo. Vitiligo is a persistent condition and very hard to treat. Many major companies have a strong pipeline of hypopigmentation therapeutics. Hypopigmentation is an autoimmune disorder. In people with Hypopigmentation, the immune system appears to attack the pigment cells (melanocytes) in the skin. About 15 to 25 percent of people with vitiligo are also affected by at least one other autoimmune disorder, particularly autoimmune thyroid disease, rheumatoid arthritis, type 1 diabetes, psoriasis, pernicious anemia, Addison disease, or systemic lupus erythematosus.

Hypopigmentation Disorder Treatment Market Restraints

High cost, complications, and risks associated with medical aesthetics product and treatment

are going to restrain the market in the forecast period.

Hypopigmentation Disorder Treatment Market Segmentation Analysis

The global hypopigmentation disorder treatment market can be segmented by treatment as topical drugs, laser therapy, chemical peels, microdermabrasion, and others, by disease indication as vitiligo, albinism, and others and by end-user as hospitals, aesthetic clinics & dermatology centers, and others.

By disease indication, vitiligo is expected to dominate the global hypopigmentation market in the period of forecast. According to the American Academy of Dermatology, vitiligo is considered to be among 24 skin diseases, which are widely prevalent among the population.

Although, vitiligo is known to affect individuals from all ethnic backgrounds and genders equivalent but the prevalence of the same is more prominent among individuals between the age of 10 and 30 years. Moreover, as per the Centre for Disease Control and Prevention (CDC), in 2013, it was estimated that more than 150,000 Americans from all age groups underwent treatment for vitiligo.

Hypopigmentation Disorder Treatment Market Geographical Share

Geographically, the global hypopigmentation disorder treatment market is divided into North America, Europe, South America, Asia-Pacific, and the Middle East and Africa.

The market in North America is driven by an increase in the incidence of hypopigmentation disorders, new product approvals, a strong product pipeline, and a rise in health care expenditure. According to the National Organization for Albinism and Hypopigmentation, about one in 20,000 people have some type of albinism in the United States. Advancements in cosmetic therapy such as laser resurfacing and ongoing research and development on pigmentation disorder treatment and surgeries are boosting the market growth.

The hypopigmentation disorder treatment market in the Asia Pacific is anticipated to expand at a rapid pace during the forecast period because of rising disposable income and changing lifestyles. China has a high population of patients with vitiligo. According to the World Health Organization (WHO), around 0.6% of the total population in China suffers from hypopigmentation disorder.

Hypopigmentation Disorder Treatment Companies and Competitive Analysis

Some of the key players in the hypopigmentation disorder market are Allergan, SkinCeuticals, Pierre Fabre, Episciences, Inc., RXi Pharmaceuticals Corporation, Obagi Cosmeceuticals LLC (Obagi Medical), and Alvogen.

In September 2018, Allergan Plc agreed to acquire Bonti, Inc., a privately-held clinical-stage biotechnology company focused on the development and commercialization of novel, fast-acting neurotoxin programs for aesthetic and therapeutic applications.

 

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FAQ’s
Who are the key players in Hypopigmentation Disorder Treatment Market?
Major players are Allergan, Skin Ceuticals, Pierre Fabre, Episciences Inc, RXi Pharmaceuticals Corporation, Obagi Cosmeceuticals LLC (Obagi Medical), and Alvogen.
Which region controlled the global market during 2023-2030?
North America region Controls the Hypopigmentation Disorder Treatment Market during 2023-2030.
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