Hyperpigmentation is one of the most common skin problems, which requires non-invasive device-based treatment in severe conditions such as melasma and post-inflammatory hyperpigmentation. Device-based procedures are preferred when topical therapies fail to improve the pigmentation condition. Lasers and intense pulsed light are two of the most preferred device-based treatments for hyperpigmentation. However, sometimes radiofrequency devices, LED devices, and microdermabrasion-based devices are also used in combination.
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.
Hyperpigmentation is a skin condition in which patches of skin becomes darker than the surrounding skin. Hyperpigmentation is characterized by the age spots, brown spots, and freckles. Skin darkening occurs as a result of melanin augmentation beneath the epidermis layer of the skin. Some of the major causes for hyperpigmentation includes:
- Sun damage induced hyperpigmentation, also called lentigines, occurs due to prolonged exposure to harmful ultra violet rays from sun and causes small dark spots on the skin
- Hormonal change due to pregnancy, use of birth control pill, and excessive estrogen production, this condition of hyperpigmentation from hormonal changes is also called as melasma, which is chronic and relapsing
- Post inflammatory hyperpigmentation due to skin conditions such as acne, injury, trauma and burn, and post-surgery spots
According to the report titled “Global Hyperpigmentation Treatment Devices Market, by Product Type (Laser Devices (Q-Switch Lasers, Non-Ablative Fractionated Resurfacing Lasers, Ablative Fractionated Resurfacing Lasers, and Picosecond Lasers), Intense Pulsed Light Devices, Radiofrequency Devices , LED Devices, and Others), by End User (Dermatology Clinics, Beauty Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 1150 Mn in 2017 and is projected to exhibit a CAGR of 7.2% over the forecast period (2018 – 2026).
Increasing number of non-surgical, device-based procedures to treat hyperpigmentation is expected to drive growth of the hyperpigmentation treatment devices market
Increasing prevalence of skin related problems such as hyperpigmentation, acne, scar, sun damaged skin, and stretch marks would result in increasing utilization of non-surgical, minimally invasive, device-based skin resurfacing procedures, thereby driving growth of the hyperpigmentation treatment devices market. According to the American Society for Plastic Surgeons’ Plastic Surgery Statistics Report, photo rejuvenation, also known as ‘intense pulse light’ (IPL) therapy, is the fourth most popular non-invasive cosmetic procedure for skin resurfacing (includes hyperpigmentation) in the U.S., with around 667,561 procedures performed in 2017.
According to the same source, around 587,903 and 586,662 laser skin resurfacing procedures were conducted in 2017 and 2016, respectively, which included both ablative and non-ablative laser treatment. Such high number of skin resurfacing procedures are expected to drive the hyperpigmentation treatment devices market growth.
Increasing geriatric population worldwide and launch of innovative laser-based devices are expected to drive growth of the hyperpigmentation treatment devices market over the forecast period
According to Coherent Market Insights’ analysis, increasing geriatric population will result in high demand for skin resurfacing and removal of dark spots from hyperpigmentation, which is expected to drive growth of the market over the forecast period. According to world population prospects report published in 2017, the global population is moving towards higher age group. In 2017, an estimated 962 Mn people were aged 60 or over in the world, comprising 13% of the global population, which would reach 1.3 Bn by 2025, by growing at a rate of about 3% per year.
Movers of the industry
Key players operating in the global hyperpigmentation treatment devices market include Cutera Inc., Hologic, Inc., Lutronic Corporation, Syneron Medical Ltd., Lumenis Ltd., Alma Lasers, Ltd., AMI, Strata Skin Sciences, Inc., BISON MEDICAL, Solta Medical Inc., Lynton Lasers Ltd., EL.En. S.p.A., Sciton, Inc., Fotona D.O.O., and Alma Lasers, Ltd.
To know more about the latest market trends and insights, read the report titled, “ Hyperpigmentation Treatment Devices Market – by Product Type (Laser Devices (Q-Switch Lasers, Non-Ablative Fractionated Resurfacing Lasers, Ablative Fractionated Resurfacing Lasers, and Picosecond lasers), Intense Pulsed Light Devices, Radiofrequency Devices, LED Devices, and Others), by End User (Dermatology Clinics, Beauty Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, trends, and Forecast to 2026“, published by Coherent Market Insights. Click on the link below to access the report –