Hyperpigmentation Treatment Devices Market Set to Expand Saliently at a Robust CAGR during the Forecast Period 2018-2026
There are various device-based methods for treating hyperpigmentation condition, which includes laser-based methods, intense pulsed light photo rejuvenation, sub surfacing non-ablative lasers, microdermabrasio, and radiofrequency devices. These devices offer non-surgical treatment option for curing hyperpigmentation and associated diseases such as sun spots, scars etc. Most of these devices are used for different skin problems including severe form of hyperpigmentation, in which other options such as topical and pharmaceutical agents do not show promising results. Each device type has unique way of treating hyperpigmentation condition. Laser devices are most dominantly used in current scenario over other devices due to less side effects and effective results when compared to other devices.
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Hyperpigmentation treatment devices are highly utilized for minimally invasive aesthetic procedures that cures skin problems. According to the report by International Society of Aesthetic Plastic Surgery titled ‘Global Aesthetic Survey Results’ published in 2017, around 14% rise was reported in skin resurfacing procedures worldwide in 2016, which also includes skin spots and pigmentation. According to the same source, around 2,545,922 facial rejuvenation surgeries, which includes hyperpigmentation treatment were conducted worldwide in 2016. This is expected to drive growth of the hyperpigmentation treatment device market.
Furthermore, increasing prevalence of skin related disorders and increasing old age population is expected to result in high demand for hyperpigmentation treatment devices, thereby driving growth of the market. According to a study published in the British Journal of Dermatology, in 2015, around 9.4% of the global population was estimated to be affected by acne. Furthermore, photon-based therapy and laser-based therapy are emerging as new trend in hyperpigmentation treatment, which would contribute to the hyperpigmentation treatment devices market growth.
As per Population Prospects Report published in 2017, Europe is currently having the highest percentage (25% of entire population) of people above age 60, which would make Europe an attractive region for hyperpigmentation treatment devices market.
Market Key Players:-
Cutera Inc., Hologic, Inc., Lutronic Corporation, Syneron Medical Ltd., Lumenis Ltd., Alma Lasers, Ltd., AMI, Strata Skin Sciences, Inc., BISON MEDICAL, Venus Concepts, Solta Medical Inc., Lynton Lasers Ltd., EL.En. S.p.A., Sciton, Inc., and Alma Lasers, Ltd.
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