- Home
- Agriculture
- Market
Pigmentation Treatment Equipment Market Size, Share & Trends Estimation Report By Type Outlook (Laser Equipment, Strong Pulse Light Equipment), By Application Outlook (Dermatology Clinic, Beauty Center, Home Users), Region and Forecasts, 2022 - 2030
Market Overview
Global Pigmentation Treatment Equipment Market is projected to grow US$ 6,507.0 Mn in 2022 and reach US$ 11096.9 Mn in 2030 growing at a CAGR of 6.9% during the forecast period from 2022 to 2030.
The number of people with pigmentation disorders is growing, and the number of older people in the world is also growing. This is leading to strong growth in the global pigmentation disorders treatment market. The market is also expected to grow because people are becoming more aware of pigmentation disorders and want treatments that are both safe and successful. But things like the high cost of treatment and the lack of policies for reimbursement are likely to slow the rise of the global pigmentation disorders treatment market.
There are many ways to treat hyperpigmentation with devices, such as laser treatments, strong pulsed light photorejuvenation, and others. These gadgets offer a way to treat hyperpigmentation and related problems like freckles, scars, and more without surgery. Most of these devices are used to treat a wide range of skin problems, including severe forms of hyperpigmentation. Other choices, such as topical and pharmaceutical treatments, are not. It looks like it will work. Each type of device has its own way to treat the problem of hyperpigmentation. Most of the time, laser devices are used instead of other devices because they work well and have fewer side effects than other devices.
Market Dynamics
Trends: One of the most important things happening in the market for treatments for pigmentation disorders is that more and more attention is being paid to making treatments that are both safe and successful. Because pigmentation disorders are becoming more common and people want new treatments, market players are working on making and putting out treatments that are safe and effective. This is likely to keep happening over the next few years, which will help the market grow.
People are also becoming more aware of different skin problems, which has led to more money being spent on skin treatments. This is linked to a rise in the standard of living and per head income around the world. This, in turn, makes dermatological treatments more expensive, which drives the growth of the global pigmentation disorders therapy market over the next few years.
Drivers: As pigmentation disorders become more common around the world, the global pigmentation disorders treatment market is projected to grow over the next few years. For example, pigmentary diseases like melasma, vitiligo, and lentigo have a big effect on a person's quality of life in terms of health. Based on how common they are and how they affect people's lives, there is a need for safe and effective treatments. The Food and Drug Administration (FDA) has approved ruxolitinib (Opzelura) cream to treat non-segmental vitiligo in people 12 years of age and older, both adults and children.
During the forecast period, the growth of the global pigmentation disorders treatment market is likely to be boosted by the growing number of older people around the world. For example, older people are more likely to get certain pigmentation diseases because their skin becomes less vascular as they age, which makes their skin look more pale. The World Health Organization (WHO) says that by 2030, 1 in 6 people in the world will be 60 or older, and by 2050, the number of people 60 and older will have doubled, to 2.1 billion. This is likely to help the rise of the market for treatments for pigmentation disorders.
Restraints: The rise of the global pigmentation disorders treatment market is likely to be slowed by the high cost of the treatments. For example, the cost of treating pigmentation varies on the type of treatment and how many times the skin needs to be seen. In India, laser treatment for coloring costs between Rs 5,000 and Rs 8,000 per session. But the total cost changes based on things like the amount of pigmentation, the type of skin, the area of skin that needs to be treated, and any underlying health problems.
The rise of the global pigmentation disorders treatment market is likely to be slowed down by the lack of reimbursement policies. For example, medical costs and treatment can be paid for, but pigmentation disorders and their treatments are not covered by any policy. Insurance companies don't usually pay for these kinds of treatments, so the patient has to pay out of pocket. The market is being hurt by the lack of reimbursement plans.
Opportunities: Players in the skin disorders treatment market are likely to have a lot of room to grow as the demand for safe and effective treatments grows. For example, in May 2022, Clinuvel Pharmaceuticals said that a new possible treatment for vitiligo, a disease that causes skin to lose color, will be studied more in North America. Clinuvel Pharmaceuticals is testing afamelanotide as a treatment for people with darker skin who have vitiligo. The drug has been approved by US and European regulators for a rare disease that makes people sensitive to light.
As more people learn about pigmentation disorders, the pigmentation disorders treatment market is likely to grow in a big way. For example, as people around the world become more aware, the demand for safe and effective treatments is also growing quickly. So, people in the market are working on coming up with and putting out new treatments. In October 2021, Uniza Group said that a new way to treat Vitiligo would be available on the Indian market.
Growth Factors: The pigmentation treatment equipment market is projected to grow because there are more ways to treat pigmentation that don't involve surgery. Pigmentation, acne, scars, sun damage, and stretch marks are becoming more common, so more people are using non-surgical, minimally invasive device-based skin resurfacing treatments. This is what is driving the growth of the pigmentation treatment equipment market. Photorejuvenation, also known as 'Intense Pulsed Light' (IPL) therapy, is the fourth most popular non-invasive cosmetic procedure for skin resurfacing (including hyperpigmentation) in the United States, according to the American Society of Plastic and Reconstructive Surgeon Plastic Surgery Statistics Report , approximately 667,561 procedures were performed in 2017.
Major Market Segments Covered
On the basis of type
Laser Equipment
A laser is a machine that sends out a focused beam of light through a process called optical amplification. Gas lasers, fiber lasers, solid-state lasers, dye lasers, diode lasers, and excimer lasers are some of the different kinds of lasers. All of these kinds of lasers have the same general set of parts.
Strong Pulse Light Equipment
IPL therapy, also called photofacial, is a non-surgical way to change the color and texture of your face. It can fix some of the damage done by the sun, which is called "photoaging." Most likely, it will show up on your face, neck, hands, or chest.
On the basis of Application
Dermatology Clinic
Clinical dermatology is a branch of medicine that deals with all kinds of diseases and conditions that affect a person's hair, nails, and skin. Dermatologists are doctors who look at and treat people with cancerous and noncancerous diseases that affect the skin, hair, and nails.
Beauty Center
The top layer of your skin is shed when you use acids from the Beauty Center.When you clean your skin, new skin cells grow to replace the ones that have been removed. The process makes your skin tone more even and smoother all over.
Home Users
You can treat discoloration in a number of ways at home. Several of the remedies we list here are based on anecdotes, but study shows that their main ingredients, such as apple cider vinegar, aloe vera, red onion, green tea extract, black tea water, licorice extract, etc., can lighten skin pigmentation.
Regional insights
Geographically, the Pigmentation Treatment Equipment market has been looked at in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. (MEA).
During the forecast period, North America is projected to keep having the largest market share. Because pigmented disorders are becoming more common, North America is the biggest market for pigmentation treatment tools around the world. North America has a strong healthcare system and big market companies that offer effective treatments for people with post-inflammatory hyperpigmentation. The market for pigmentation treatment equipment is growing quickly in Asia-Pacific. This is because Asians are becoming more interested in beauty, new competitors are quickly entering the market, and big players in emerging economies are growing.
Scope Of Report
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | Value (USD Billion) |
Growth Rate | CAGR of 6.9% from 2023 to 2030 |
By Type |
|
By Application |
|
By Companies |
|
Regional Scope |
|
Reasons to Purchase this Report and Customization Scope | 6-month post-sale analyst assistance.10% Free Customization and 15 Company Profiles in addition to the ones specified |
Key Vendors
- Cutera Inc.
- Hologic, Inc.
- Lutronic Corporation
- Syneron Medical Ltd.
- Lumenis Ltd.
- Alma Lasers, Ltd.
- AMI
- Strata Skin Sciences, Inc.
- BISON MEDICAL
- Solta Medical Inc.
- Lynton Lasers Ltd.
- EL.En. S.p.A.
- Sciton, Inc.
- Fotona D.O.O.
- Alma Lasers Ltd., and others
1. Cutera Inc.
Cutera, Inc. (NASDAQ: CUTR) is a major global company that makes aesthetic devices. It has a wide range of products and a global distribution network. Cutera is a high-tech medical device company with a fast-paced environment. They are looking for the right person to help them grow their business and get paid for it. They hire the best people and give them the best pay and perks so that their lives will be better.
2. Hologic, Inc.
Hologic, Inc. is an innovative business that makes medical technology. Their goal is to help people everywhere live healthier lives every day. Hologic, Inc. finds and creates innovative products and services that help everyone, but they are especially interested in those that improve the health and well-being of women. This makes them a company that does well, grows, and gives women the tools they need to live better lives.
Without the talent, skills, and goals of their workers, none of this would be possible. Their expertise and commitment to creating and sharing more solid, science-based certainty drives their growing global presence as well as a pipeline that meets the unmet health and wellness needs of women, families, and communities.
3. Syneron Medical Ltd.
Candela's brand values are Science, Results, and Trust. These values guide the company's commitment to safety, effectiveness, dependability, and strengthening the long-standing trust relationships it has with doctors, their practices, and the people they treat.
Candela was founded in 1970 and has its headquarters in Wayland, Massachusetts. It is a major US-based global company that makes medical aesthetic devices. The company's technologies enable physicians to provide advanced energy-based solutions for a broad range of medical-aesthetic applications including benign vascular and pigmented lesions, scars, hair removal, facial resurfacing, wrinkle reduction, women's health treatments, tattoo removal, acne, leg veins, cellulite, and body shaping.
4. Lumenis Ltd.
Lumenis is a global leader in the field of minimally-invasive clinical solutions for the Surgical, Ophthalmology and Aesthetic markets, and is a world-renowned expert in developing and commercializing innovative energy-based technologies, including Laser, Intense Pulsed Light (IPL) and Radio-Frequency (RF).
Lumenis's innovative products have changed the way doctors treat patients and set many technical and clinical gold standards for nearly 50 years. Lumenis has made it possible to treat conditions that couldn't be treated before, and they have also created cutting-edge technologies that have changed the way people are treated in every industry we work in.
5. Strata Skin Sciences, Inc.
STRATA Skin Sciences is a medical technology business that makes, sells, and markets cutting-edge solutions for treating different skin conditions in a doctor's office.
With decades of experience, STRATA offers an ever-growing portfolio of best-in-class skin science technology. This is done through an innovative partnership method that improves treatment options for skin conditions like psoriasis, vitiligo, and atopic dermatitis, which can have a big impact on people's lives.
Industry development
In April 2017, the U.S. Food and Drug Administration gave 510(k) clearance to BISON MEDICAL's CYMA clinic CO2 laser device. (FDA). It gave this laser device access to a strong market, like the U.S., which has the most cosmetic procedures done on its skin every year of any country in the world.
Market Segmentation
The Pigmentation Disorders Treatment research report is categorized based on type, applications and region
On the basis of type
- Laser Equipment
- Strong Pulse Light Equipment
On the basis of Application
- Dermatology Clinic
- Beauty Center
- Home Users
Global Pigmentation Disorders Treatment Market Regional insights
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Conclusion
The market study gives an in-depth look at the market and focuses on important things like the top companies, types of animals, and sources of the product. The study also talks about market trends and points out the most important changes in the business. The study also talks about a number of other important things that have helped the market grow in recent years. This report will help you learn more about the Pigmentation Treatment Equipment Market. The study also helps you understand the Global Pigmentation Disorders Treatment Market's structure and dynamics by looking at the market's different segments and estimating its size. The report is an investor's guide because it gives a clear picture of the competitive analysis of the market's key players by product, price, financial situation, product portfolio, growth strategies, and regional presence.