Pigmentation Disorders Treatment Market

Global pigmentation disorders treatment market is estimated to be valued at USD 7.33 Bn in 2024 and is expected to exhibit a CAGR of 9.1% during the forecast period (2024-2031). Pigmentation disorders refer to conditions characterized by changes in skin color that are usually caused due to excess or uneven distribution of melanin. The global pigmentation disorders treatment market has been growing significantly over the recent past owing to the rising prevalence of conditions like melasma, vitiligo, and post-inflammatory hyperpigmentation. Various factors such as increasing awareness regarding pigmentation treatment options, growing aging population vulnerable to such disorders, and continual launch of advanced therapeutics are fueling the market expansion. However, high cost of sophisticated treatments, risks and side effects associated with certain medications remain major challenges for the market.

Market Dynamics:

The global pigmentation disorders treatment market is primarily driven by the increasing prevalence of pigmentation disorders worldwide due to genetic predisposition as well as changes in lifestyle habits. According to recent estimates, nearly 1-2% of global population suffers from vitiligo while prevalence of melasma ranges between 4-10%. Growing geriatric population also prone to such skin conditions acts as a high-impact driver. Moreover, continual development of newer topical and oral medications with fewer side effects along with entry of biosimilars is creating ample opportunities in this space. However, the market growth can be hampered by certain factors including stringent regulations for approval of melanogenesis inhibitors, reluctance towards cosmetic procedures due to social taboo, and high costs involved particularly in emerging nations.

Key Features of the Study:

• This report provides in-depth analysis of the global pigmentation disorders treatment market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global pigmentation disorders treatment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study Abbvie Inc., Edesa Biotech, Inc., Amgen, Inc., Pfizer Inc., CLINUVEL PHARMACEUTICALS LTD, Uniza Group, Dr. Reddy’s Laboratories Ltd., Roivant Sciences Ltd., Incyte, Aclaris Therapeutics, Inc., Glenmark Pharmaceuticals Ltd., Sun Pharmaceutical Industries Ltd., Viatris Inc., GSK plc., Vyne Therapeutics Inc., Temprian Therapeutics Inc., Arrien Pharmaceuticals, LLC.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global pigmentation disorders treatment market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pigmentation disorders treatment market.

Detailed Segmentation-

• By Disorder Type:
  • Melasma
  • Vitiligo
  • Albinism
  • Post-Inflammatory Hyperpigmentation (PIH)
  • Others
• By Drug Type:
  • Corticosteroids
  • Calcineurin Inhibitors
  • Janus kinase (JAK) inhibitor
  • Melanin Synthesis Inhibitor
  • Others
• By Route of Administration:
  • Oral
  • Topical
  • Other
• By Distribution Channel:
  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Company Profiles:

• Abbvie Inc. 
• Edesa Biotech, Inc.
• Amgen, Inc.
• Pfizer Inc.
• CLINUVEL PHARMACEUTICALS LTD
• Uniza Group
• Reddy’s Laboratories Ltd.
• Roivant Sciences Ltd.
• Incyte
• Aclaris Therapeutics, Inc.
• Glenmark Pharmaceuticals Ltd.
• Sun Pharmaceutical Industries Ltd.
• Viatris Inc.
• GSK plc.
• Vyne Therapeutics Inc.
• Temprian Therapeutics Inc.
• Arrien Pharmaceuticals, LLC