Market Overview:
The global vitiligo treatment market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing prevalence of vitiligo, rising awareness about available treatments, and technological advancements in the field of vitiligo treatment. The global vitiligo treatment market by type is segmented into topical treatment, light therapy, surgical procedures, and others. The topical treatment segment accounted for the largest share of the global vitiligo treatment market in 2017 and is projected to grow at a CAGR of 7.8% from 2018 to 2030. This growth can be attributed to the increasing use of topical treatments for localized lesions and their easy availability over-the-counter (OTC).
Product Definition:
The medical term for the skin condition vitiligo is leukoderma. Vitiligo is a disorder that causes depigmentation of patches of skin. The most common symptoms are white patches on the skin, but in some cases the hair may also turn white. The cause of vitiligo is not yet known, but it appears to be an autoimmune disorder in which the body's immune system mistakenly attacks and destroys melanocytes, the cells that produce pigment in the skin. There is no cure for vitiligo, but various treatments are available to help improve its appearance.
Topical Treatment:
Topical treatment is a method of treating vitiligo that involves applying medications directly to the skin. The most common topical treatments include corticosteroids and immunosuppressants. Other than these two, there are no proven effective drugs in the market for the treatment of vitiligo at this time.
Light Therapy:
Light therapy and its usage in vitiligo treatment market is a new emerging trend in the field of dermatology. It’s basically an alternative method for treating vitiligo, which proves to be effective as well as safe for both patients and physicians. The major advantage of light therapy is that it can be used by people of all skin colors, has no side effects unlike medications, and also does not require any downtime like surgeries do.
Application Insights:
The others segment held the largest share of the global revenue in 2017. This is due to high demand for vitiligo treatments by individuals who have not been able to find a suitable treatment at an affordable cost in their local area. In addition, aesthetic clinics and hospitals are also offering these services due to growing awareness about skin conditions and patients¢â‚¬â„¢ preference for seeking professional help for their condition from specialized centers.
Vitiligo has different clinical presentations as per its progression; some people experience mild symptoms while others develop depigmentation all over the body including face, ears, palms and soles of feet which may take a severe form leading to disfigurement if untreated or inadequately treated. As per National Health Statistics Report 2015-2016 published by CDC (U.S.), around 1% of U.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing awareness about vitiligo and various treatment options, availability of advanced technology, presence of well-established healthcare facilities and high disposable income.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income, improving healthcare infrastructure & expenditure along with growing medical tourism in emerging countries such as India & China. Rising incidence of skin cancer may also contribute towards regional growth over the next eight years. In addition, increasing awareness about available treatment options will drive demand further.
Growth Factors:
- Increasing awareness about vitiligo and its treatment options among people.
- Growing demand for minimally invasive vitiligo treatments.
- Rising number of vitiligo patients seeking treatment from dermatologists and other medical professionals.
- increasing research and development activities for new vitiligo treatments .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitiligo Treatment Market Research Report
By Type
Topical Treatment, Light Therapy, Surgical Procedures, Others
By Application
Hospitals, Aesthetic Clinics, Others
By Companies
Incyte, Astellas Pharma, Bausch Health, Baxter, Pfizer, STRATA Skin Sciences, Dr. Reddy's Laboratories, Bristol-Myers Squibb, Celgene, Clinuvel Pharmaceuticals
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Vitiligo Treatment Market Report Segments:
The global Vitiligo Treatment market is segmented on the basis of:
Types
Topical Treatment, Light Therapy, Surgical Procedures, 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, Aesthetic 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:
- Incyte
- Astellas Pharma
- Bausch Health
- Baxter
- Pfizer
- STRATA Skin Sciences
- Dr. Reddy's Laboratories
- Bristol-Myers Squibb
- Celgene
- Clinuvel Pharmaceuticals
Highlights of The Vitiligo Treatment 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:
- Topical Treatment
- Light Therapy
- Surgical Procedures
- Others
- By Application:
- Hospitals
- Aesthetic 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 Vitiligo Treatment 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
There is no one-size-fits-all answer to this question, as the best vitiligo treatment will vary depending on the individual's symptoms and skin condition. However, some common vitiligo treatments include topical creams or lotions that help lighten patches of skin, phototherapy (using ultraviolet light) to stimulate new growth in white cells in the skin, and surgery to remove patches of pigment.
Some of the major companies in the vitiligo treatment market are Incyte, Astellas Pharma, Bausch Health, Baxter, Pfizer, STRATA Skin Sciences, Dr. Reddy's Laboratories, Bristol-Myers Squibb, Celgene, Clinuvel Pharmaceuticals.
The vitiligo treatment market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vitiligo Treatment 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 Vitiligo Treatment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitiligo Treatment 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 Vitiligo Treatment 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 Vitiligo Treatment Market Size & Forecast, 2018-2028
4.5.1 Vitiligo Treatment Market Size and Y-o-Y Growth
4.5.2 Vitiligo Treatment Market Absolute $ Opportunity
Chapter 5 Global Vitiligo Treatment 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 Vitiligo Treatment Market Size Forecast by Type
5.2.1 Topical Treatment
5.2.2 Light Therapy
5.2.3 Surgical Procedures
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vitiligo Treatment 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 Vitiligo Treatment Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Aesthetic Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitiligo Treatment 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 Vitiligo Treatment 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 Vitiligo Treatment Analysis and Forecast
9.1 Introduction
9.2 North America Vitiligo Treatment 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 Vitiligo Treatment Market Size Forecast by Type
9.6.1 Topical Treatment
9.6.2 Light Therapy
9.6.3 Surgical Procedures
9.6.4 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 Vitiligo Treatment Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Aesthetic 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 Vitiligo Treatment Analysis and Forecast
10.1 Introduction
10.2 Europe Vitiligo Treatment 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 Vitiligo Treatment Market Size Forecast by Type
10.6.1 Topical Treatment
10.6.2 Light Therapy
10.6.3 Surgical Procedures
10.6.4 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 Vitiligo Treatment Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Aesthetic 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 Vitiligo Treatment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vitiligo Treatment 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 Vitiligo Treatment Market Size Forecast by Type
11.6.1 Topical Treatment
11.6.2 Light Therapy
11.6.3 Surgical Procedures
11.6.4 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 Vitiligo Treatment Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Aesthetic 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 Vitiligo Treatment Analysis and Forecast
12.1 Introduction
12.2 Latin America Vitiligo Treatment 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 Vitiligo Treatment Market Size Forecast by Type
12.6.1 Topical Treatment
12.6.2 Light Therapy
12.6.3 Surgical Procedures
12.6.4 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 Vitiligo Treatment Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Aesthetic 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) Vitiligo Treatment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vitiligo Treatment 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) Vitiligo Treatment Market Size Forecast by Type
13.6.1 Topical Treatment
13.6.2 Light Therapy
13.6.3 Surgical Procedures
13.6.4 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) Vitiligo Treatment Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Aesthetic 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 Vitiligo Treatment Market: Competitive Dashboard
14.2 Global Vitiligo Treatment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Incyte
14.3.2 Astellas Pharma
14.3.3 Bausch Health
14.3.4 Baxter
14.3.5 Pfizer
14.3.6 STRATA Skin Sciences
14.3.7 Dr. Reddy's Laboratories
14.3.8 Bristol-Myers Squibb
14.3.9 Celgene
14.3.10 Clinuvel Pharmaceuticals
