According to a new report, published by KBV research, 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.
The Photo Therapy segment is poised to have a CAGR of 8.6% during (2023 - 2030). Phototherapy allows for highly targeted treatment of hyperpigmented areas. Light-based technologies can be directed precisely at specific skin regions affected by hyperpigmentation, providing focused therapeutic effects. Phototherapy is suitable for a wide range of skin types and tones. Advancements in technology and the availability of different devices allow practitioners to customize treatment parameters, ensuring safe and effective phototherapy for diverse patient populations. The inclusivity of phototherapy across different skin types promotes its widespread adoption. This inclusiveness is crucial in addressing the diverse demographic makeup of individuals seeking hyperpigmentation treatment.
The Dermatological Clinics segment is leading the Global Hyperpigmentation Treatment Market by End User in 2022 thereby, achieving a market value of $4.5 billion by 2030. Dermatological clinics are equipped with advanced technologies and treatment modalities for hyperpigmentation. These may include laser therapy, chemical peels, microneedling, and other innovative procedures that provide effective and efficient results. Dermatological clinics prioritize personalized treatment plans based on the unique characteristics of each patient’s hyperpigmentation. This individualized approach ensures that interventions are tailored to address specific pigmentation concerns.
The Age Spot segment is anticipated to have a CAGR of 8.3% during (2023 - 2030). The primary growth driver in the age spot segment is the global demographic trend toward an aging population. Due to cumulative sun exposure and changes in skin pigmentation, the probability of getting age spots increases with age. Age spots are frequently caused by extended exposure to sun ultraviolet (UV) radiation. For example, according to a report on the French aging policy published by the UN, as in other European countries, France faces a continuous and significant increase in the number of older people.
Full Report: https://www.kbvresearch.com/hyperpigmentation-treatment-market/
The North America region dominated the Global Hyperpigmentation Treatment Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.2 billion by 2030. The Europe region would witness a CAGR of 7.8% during (2023 - 2030). Additionally, The Asia Pacific region is experiencing a CAGR of 8.9% during (2023 - 2030).
By Treatment Type
By End User
By Disorder Type
By Geography