LAMEA Pigmentation Disorder Treatment Market

LAMEA Pigmentation Disorder Treatment Market Size, Share & Industry Trends Analysis Report By Type (Vitiligo, Melasma), By Treatment (Corticosteroids, Calcineurin Inhibitor, and Others), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-17709 Publication Date: September-2023 Number of Pages: 118
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Market Report Description

The Latin America, Middle East and Africa Pigmentation Disorder Treatment Market would witness market growth of 6.9% CAGR during the forecast period (2023-2030).

The rising incidence of pigmentation disorders, such as melasma, post-inflammatory hyperpigmentation, and age-related skin discoloration, has boosted the demand for effective treatment options. As the population ages, there is a higher demand for anti-aging and skin rejuvenation treatments, often including pigmentation disorder treatments.

Heightened awareness of the effects of sun exposure and pollution on skin health has led more individuals to seek treatment for pigmentation issues. Continued advancements in dermatological technology, including laser therapies, chemical peels, and topical treatments, have made pigmentation disorder treatments more effective and accessible. Aesthetic concerns drive many individuals to seek treatments that improve skin tone and appearance, contributing to the market's growth.

As per National Library of Medicine (NIH), in the Middle East, many patients with darker pigmentation (Fitzgerald skin types III-VI) are prone to develop post-inflammatory hyperpigmentation (PIH) due to acne. According to NIH, pigmentary disorders are among the top five most prevalent dermatological diagnoses among people of African descent. Dyschromias are the third most frequent dermatological diagnosis in Durban, KwaZulu-Natal, South Africa. In order of frequency, vitiligo, post-inflammatory hyperpigmentation, and melasma are the most prevalent subtypes of pigmentary disorders. Vitiligo, post inflammatory hyperpigmentation, and melasma are the three most prevalent pigmentary diagnoses among the 304 patients, mostly African women. Skin health awareness continues to grow in the LAMEA region, and the market is likely to expand further.

The Brazil market dominated the LAMEA Pigmentation Disorder Treatment Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19.7 million by 2030. The Argentina market is showcasing a CAGR of 7.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.6% during (2023 - 2030).

Based on Type, the market is segmented into Vitiligo, Melasma, and Others. Based on Treatment, the market is segmented into Corticosteroids, Calcineurin Inhibitor, and Others. Based on Distribution Channel, the market is segmented into Drug Store & Retail Pharmacies, Hospital Pharmacies, & Online Pharmacies. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Pigmentation Disorder Treatment Market is Projected to reach USD 1.2 Billion by 2030, at a CAGR of 4.8%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Bausch Health Companies Inc, Glenmark Pharmaceuticals Limited, Obagi Cosmeceuticals LLC, AbbVie, Inc., Dermavant Sciences, Inc. (Roivant Sciences Ltd.), Incyte Corporation, Dr. Reddy’s Laboratories Ltd., Galderma S.A., Viatris, Inc. (Mylan N.V.), and Pfizer, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Vitiligo
  • Melasma
  • Others

By Treatment

  • Corticosteroids
  • Calcineurin Inhibitor
  • Others

By Distribution Channel

  • Drug Store & Retail Pharmacies
  • Hospital Pharmacies
  • Online Pharmacies

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Bausch Health Companies Inc
  • Glenmark Pharmaceuticals Limited
  • Obagi Cosmeceuticals LLC
  • AbbVie, Inc.
  • Dermavant Sciences, Inc. (Roivant Sciences Ltd.)
  • Incyte Corporation
  • Dr.Reddy’s Laboratories Ltd.
  • Galderma S.A.
  • Viatris, Inc. (Mylan N.V.)
  • Pfizer, Inc.
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