Market Overview:
The global medical skincare products market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of skin diseases, rising awareness about the benefits of using medical skincare products, and growing demand for anti-ageing and sun protection creams. The global medical skincare products market is segmented on the basis of type into face cream, skin brightening cream, anti-ageing cream, sun protection cream, body lotion, mass body care lotion and others. The face cream segment is expected to account for the largest share in terms of revenue in 2018 owing to its high demand from hospitals and clinics across the globe. The skin brightening cream segment is projected to grow at a highest CAGR during the forecast period due to its increasing use among people with dark complexion or uneven skin tone. On the basis of application, hospitals are estimated to account for majority share in terms revenue followed by clinics in 2018.
Product Definition:
Medical skincare products are designed to improve the appearance and health of skin. They may be used to treat specific skin problems, or to maintain healthy skin. Medical skincare products often contain high levels of active ingredients, which can make them more effective than over-the-counter (OTC) products.
Face Cream:
The global face cream market is expected to witness significant growth over the forecast period. Face creams are used for moisturizing skin and provide it with nourishment, hydration, and nutrition. It helps in cell regeneration as well as improves blood circulation in the body. The product also prevents aging problems by improving elasticity of skin cells along with reducing wrinkles caused due to sun exposure or any other reason.
Skin Brightening Cream:
Skin brightening creams are topical products that contain ingredients such as hydroxy acids, fruit stem cells and micro algae to lighten skin complexion. The active ingredient in these products helps the melanin production to reduce thus making the skin tone look lighter. These creams may cause irritation or allergic reaction if used for long term.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The other applications include personal care products such as shampoos, soaps, and creams used for cosmetic purposes or for medical indications. Increasing awareness regarding skin diseases and their symptoms coupled with rising disposable income is anticipated to fuel the demand for various types of skincare products across the globe over the forecast period.
Medical aesthetics including anti-aging treatments are becoming popular among consumers especially women aged 30 to 40 years owing to a rise in concerns regarding aging appearanceal issues such as wrinkles and loss of skin elasticity & tone. This trend is expected to positively influence market growth over the forecast period particularly in North America and Europe regions where aesthetic procedures are widely practiced by individuals seeking younger looking skin without surgical operations or downtime associated with them which will further boost industry growth during this period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to rising consumer awareness regarding skincare, increasing penetration of online as well as offline channels for distribution, and high spending power of consumers in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to growing demand from developing countries such as India and China among others. Rising disposable income coupled with improving healthcare infrastructure will drive growth further in this region.
The European market also held a significant share of global revenue in 2017 owing Skinfoods Europe GmbH & Co.
Growth Factors:
- Increasing awareness about the benefits of medical skincare products: There is a growing awareness among people about the benefits of using medical skincare products. This is driving demand for these products, thereby helping to boost the market growth.
- Rising incidence of skin problems: The increasing incidence of skin problems, such as acne, wrinkles, and dark spots is fueling demand for medical skincare products. This is propelling market growth significantly.
- Growing popularity of natural ingredients: Consumers are increasingly preferring natural ingredients in medical skincare products due to their perceived safety and efficacy advantages over synthetic ingredients. This is boosting market growth significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Skincare Products Market Research Report
By Type
Face Cream, Skin Brightening Cream, Anti-Ageing Cream, Sun Protection Cream, Body Lotion, Mass Body Care Lotion, Others
By Application
Hospitals, Clinics, Others
By Companies
L'Oréal S.A, Unilever PLC, Beiseidorf AG, Colgate Palmolive, Estee Lauder, Johnson and Johnson, Avon Product Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Medical Skincare Products Market Report Segments:
The global Medical Skincare Products market is segmented on the basis of:
Types
Face Cream, Skin Brightening Cream, Anti-Ageing Cream, Sun Protection Cream, Body Lotion, Mass Body Care Lotion, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- L'Oréal S.A
- Unilever PLC
- Beiseidorf AG
- Colgate Palmolive
- Estee Lauder
- Johnson and Johnson
- Avon Product Inc
Highlights of The Medical Skincare Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Face Cream
- Skin Brightening Cream
- Anti-Ageing Cream
- Sun Protection Cream
- Body Lotion
- Mass Body Care Lotion
- Others
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Skincare Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical skincare products are designed to help improve the appearance and health of the skin. They can be used by people of all ages, including babies and children.
Some of the major companies in the medical skincare products market are L'Or©al S.A, Unilever PLC, Beiseidorf AG, Colgate Palmolive, Estee Lauder, Johnson and Johnson, Avon Product Inc.
The medical skincare products market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Skincare Products Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Medical Skincare Products Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Skincare Products Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Medical Skincare Products Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Medical Skincare Products Market Size & Forecast, 2020-2028 4.5.1 Medical Skincare Products Market Size and Y-o-Y Growth 4.5.2 Medical Skincare Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Face Cream
5.2.2 Skin Brightening Cream
5.2.3 Anti-Ageing Cream
5.2.4 Sun Protection Cream
5.2.5 Body Lotion
5.2.6 Mass Body Care Lotion
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Skincare Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Skincare Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Face Cream
9.6.2 Skin Brightening Cream
9.6.3 Anti-Ageing Cream
9.6.4 Sun Protection Cream
9.6.5 Body Lotion
9.6.6 Mass Body Care Lotion
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Face Cream
10.6.2 Skin Brightening Cream
10.6.3 Anti-Ageing Cream
10.6.4 Sun Protection Cream
10.6.5 Body Lotion
10.6.6 Mass Body Care Lotion
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Face Cream
11.6.2 Skin Brightening Cream
11.6.3 Anti-Ageing Cream
11.6.4 Sun Protection Cream
11.6.5 Body Lotion
11.6.6 Mass Body Care Lotion
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Face Cream
12.6.2 Skin Brightening Cream
12.6.3 Anti-Ageing Cream
12.6.4 Sun Protection Cream
12.6.5 Body Lotion
12.6.6 Mass Body Care Lotion
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Face Cream
13.6.2 Skin Brightening Cream
13.6.3 Anti-Ageing Cream
13.6.4 Sun Protection Cream
13.6.5 Body Lotion
13.6.6 Mass Body Care Lotion
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Skincare Products Market: Competitive Dashboard
14.2 Global Medical Skincare Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L'Oréal S.A
14.3.2 Unilever PLC
14.3.3 Beiseidorf AG
14.3.4 Colgate Palmolive
14.3.5 Estee Lauder
14.3.6 Johnson and Johnson
14.3.7 Avon Product Inc