The market for treatments for pigmented lesions is projected to grow from an estimated US$ 3,591.3 million in 2023 to a value of US$ 7,614.7 million by 2033. The pigmented lesion treatment market growth is expected to develop at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2033.
The emphasis on having flawless skin in the beauty and skincare industries has a significant impact on the demand for pigmented lesion treatments. Consumers are increasingly looking for treatments to address pigmentation issues and achieve a more even complexion. To address pigmentation issues, cosmetic and skincare companies are developing and marketing products in addition to medical treatments. The convergence of medical and cosmetic procedures is promoting market growth as people consider various options to enhance the appearance and health of their skin.
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The technique of diagnosing and formulating a treatment plan for pigmented lesions has undergone a radical change due to technology’s integration into dermatology practice. Telemedicine platforms improve access to dermatological care, electronic health records (EHRs) ease patient data storage, and artificial intelligence (AI) applications facilitate the assessment of skin abnormalities. The efficiency and precision of pigmented lesion detection and treatment are improved due to these technical developments, improving patient care overall and helping the market grow.
The focus on preventative care and overall skin wellness is expanding. To lower their chance of getting new pigmented lesions, people make lifestyle adjustments, including using sunscreen, donning protective clothing, and seeking shade. People are taking preventive actions to lessen the effects of UV radiation and decrease the risk of pigmented lesion formation, demonstrating a proactive approach to skin health. The management of pigmented lesions is increasingly integrating skin wellness measures, which is helping in the industry’s expansion.
“As a result of ongoing demand-driven factors such as technology advancements, patient education, and a culture of preventative skin health, the market for pigmented lesion treatment is expected to grow substantially. To accommodate the wide range of needs of patients looking for effective treatments for pigmented lesions and to take care of both medical and cosmetic issues, industry participants will need to adapt, innovate, and work together as the market continues to change,” says an FMI analyst.
Key Takeaways :
- In 2018, the global market size stood at US$ 2,467.2 million.
- The market size expanded at a 6.4% CAGR from 2018 to 2022.
- In 2022, the global market stood at US$ 3,361.5 million.
- In 2022, the lasers and energy-based devices segment gained 42.3% of the pigmented lesion treatment market share.
- In 2022, dermatology clinics remained the leading end-use sector, occupying nearly 72.3% of the pigmented lesion treatment market share.
- India’s pigmented lesion treatment market is estimated to develop at an 8% CAGR through 2033.
- China’s pigmented lesion treatment market is anticipated to rise at a 7.5% CAGR through 2033.
- Germany’s pigmented lesion treatment market is estimated to thrive at a 7.4% CAGR through 2033.
Competition Analysis
The pigmented lesion treatment market is dynamic, driven by technological advancements. Key players in the market are focusing on R&D activities to develop medical and aesthetic solutions for pigmented lesions. They are developing patient-centric therapeutic methods to increase their market presence and provide better service to the patients.
They are also focusing on collaborations and innovations to boost their market ereach and revenue share. They are also strategizing to increase their portfolio for therapeutics and product offerings for pigmented lesion treatment.
Key Players :
- Lumenis Ltd.
- Alma Laser Inc.
- Zeltic, El.En.
- Cutera
- Sisram
- Allergan Plc
- Cynosure
- Johnson & Johnson
- Bausch Health Group of Companies
- STRATA Skin Sciences
- Solta Medical Inc.
- Lynton’s Laser Ltd.
- Lutronic Corporation
- Fotona d.d.
- Sciton, Inc.
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Pigmented Lesion Treatment Market Segmentation:
By Product:
- Lasers and Energy-based Devices
- Radiofrequency (RF) Devices
- Micro-focused Ultrasound
- Intense Pulsed Light Devices
By Lesion Type:
- Freckles
- Lentigines
- Melisma
- Others
By End-use Sector:
- Dermatology Clinics
- Beauty Clinics
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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