Global Hyperpigmentation Treatment Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

"Global Hyperpigmentation Treatment Devices Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global hyperpigmentation treatment devices market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hyperpigmentation treatment devices market report has been segmented on the basis of product type, end user, and region.

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Introduction  

Hyperpigmentation is a most common skin problem in which patches of skin becomes darker than the surrounding skin. Hyperpigmentation is clinically harmless condition caused by hormonal changes, but it can be of concern cosmetically. There are many types of hyperpigmentation out of which melasma, post-inflammatory hyperpigmentation, and solar lentigines are most common. It is characterized by age spots, brown spots, and freckles. Lasers and intense pulsed light are the most preferred device-based treatments for hyperpigmentation procedures.

Market Dynamics

Increasing number of device-based procedures and non-surgical in order to treat hyperpigmentation is a key factor expected to drive growth of the global hyperpigmentation treatment devices market over the forecast period.

In addition, rising incidences of skin related problems such as hyperpigmentation, acne, scar, sun damaged skin, and stretch marks, resulting increasing preference towards minimally invasive treatments are other factors expected to further fuel growth of the target market over the forecast period. For instance, according to the American Society for Plastic Surgeons – Plastic Surgery Statistics Report– photo rejuvenation, which is also known as ‘intense pulse light’ (IPL) therapy, is consider as the fourth most popular non-invasive cosmetic procedure for skin resurfacing (includes hyperpigmentation) in the US, among around 667,561 procedures performed in 2017.

Furthermore, growing geriatric population globally and increasing launch of innovative laser-based devices are other factors expected to boost growth of the hyperpigmentation treatment devices market in the near future.

However, lack of reimbursement policies by insurance companies for skin resurfacing procedures is a key factor expected to restrain growth of the global hyperpigmentation treatment deices market over the forecast period. In addition, stringent government policies and safety concerns regarding use of cosmetic products for skin lightening are other factors expected to hamper growth of global hyperpigmentation treatment market in the near future.

Increasing technological advancements and increasing innovative product launches across the globe are expected to create potential revenue opportunities for players operating in the global hyperpigmentation treatment devices market over the forecast period.

Analysis by Region

The market in North America is expected to dominate the global hyperpigmentation treatment devices market in terms of revenue over the forecast period, owing to increasing number of cosmetics procedures and innovative product launches by major manufacturers across various countries in the region. In addition, the market in Asia pacific is expected register highest CAGR over the forecast period, owing to increasing consumer awareness regarding the device-based treatment of hyperpigmentation as well as availability of professional resource.

Global hyperpigmentation treatment devices market segmentation:

Segmentation by product type:

• Laser devices
  • Q-switch lasers
  • Non-ablative fractionated resurfacing lasers
  • Ablative fractionated resurfacing lasers
  • Picosecond lasers
• Intense pulsed light devices
• Radiofrequency devices
• Led devices
• Others

Segmentation by end user:

• Dermatology clinics
• Beauty centers
• Home user

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa