Medical Aesthetics Market 2020 Analysis, Industry Size, Share Leaders, Current Status by Major vendors and Trends by Forecast to 2027

 Global Medical Aesthetics Market Size is expected to register a CAGR of 8.30% during the assessment period, to reach USD 38,850.89 Million by 2027.

Market Dynamics

The growing obese and geriatric population worldwide is leading to an increased demand for aesthetic procedures such as liposuction, hair transplantation, and others. Moreover, the growing demand for beauty treatments and other anti-aging-related cosmetic procedures are accelerating the growth of the global medical aesthetics market. The rising need to appear younger and visible positive effects of these treatments are increasing the popularity of aesthetic procedures across the globe.

In 2016, according to the International Society of Aesthetic Plastic Surgery, an estimated 18,447 liposuction procedures were performed in Taipei, accounting for 1.3% of the total surgical liposuction procedures across the globe. Moreover, it was determined that India stood third in liposuction procedures, representing 5.0% of the total liposuction procedures performed in the world. According to the American Society for Aesthetic Plastic Surgery, 414,335 liposuction procedures were performed in the US in 2016.

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Market Segmentation

The medical aesthetics market has been segmented into end user, technology, and product. Based on the segment which is the end user, the market is categorized on the basis of dermatology & cosmetic centers, hospitals & clinics, others. The global market for medical aesthetics is further segmented based on technology into invasive, minimally invasive, and non-invasive. Furthermore, the market, on the basis of product, is segmented into body contouring devices, cosmetic implants, facial aesthetic, hair removal devices, skin aesthetic devices, tattoo removal devices, others.

The global medical aesthetics market research report covers all the aspects of the medical aesthetics market based on the segmental analysis of these end users, technology, and product segments. Analysts have also studied the global medical aesthetics market's regional markets spread across many continents and countries. The end user, technology, and product segments along with their sub-segments have been analyzed and companies functioning in the medical aesthetics market across these segments are profiled and analyzed based on input and feedback from medical aesthetics market based decision makers as well as primary and secondary sources. The medical aesthetics market research report presents analysis based information for companies functioning in the medical aesthetics market.

Regional Overview

The growing concerns regarding side effects may hinder the medical aesthetics market growth. The market research report suggests that companies in the medical aesthetics market could be supported by the growing demand for beauty treatments as well as anti-aging-related cosmetic procedures during the forecast period. The medical aesthetics market is set to register growth at a high CAGR owing to these key factors. The medical aesthetics market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global medical aesthetics market research report reveals that APAC, North America, and Europe regional medical aesthetics markets will dominate the global market for medical aesthetics during the forecast period 2020 to 2027. As per medical aesthetics market analysts, the market is set to witness tremendous growth across invasive and dermatology & cosmetic centers segments across North America which covers medical aesthetics markets across the United States, Canada, Mexico and several other regional markets. Companies active in the medical aesthetics market are also analyzed and studied in the medical aesthetics market research report.

The medical aesthetics market for Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the medical aesthetics market research report covers the Asia-Pacific region covering medical aesthetics markets from India, China, Japan, Australia, and others. The medical aesthetics market is also spread across the rest of the world. The medical aesthetics market report covers all such regions including the Middle East, Africa, Brazil, and others.

Competitive Landscape

Medical aesthetics has seen increased demand over the years, due to the rising need to appear younger and visible positive effects of these treatments . Companies functioning in the global medical aesthetics market are also being challenged due to the lack of awareness and shortage of skilled professionals. Mergers and acquisitions by medical aesthetics market companies are anticipated to help the market during the forecast period 2020 to 2027. As the medical aesthetics market is set to register a high CAGR of 8.30% and is also anticipated to reach a US$38,850.89 million by 2027, the report highlights key areas companies need to focus on. The report suggests that the medical aesthetics market will see a healthy growth in the long run till 2027. Based on SWOT analysis and medical aesthetics market’s analysis based on Porters’ Five Force Model presented in the medical aesthetics market report. Mergers and acquisitions by medical aesthetics market companies are anticipated to help the market during the forecast period 2020 to 2027. 

Industry News

Allergan Aesthetics, a subsidiary of AbbVie, has announced that it has signed a warrant arrangement with Cypris Medical, a privately owned medical technology corporation headquartered in Chicago. Allergan Aesthetics will have the option to purchase Cypris Medical, including the company's Xact product, after the conclusion of a clinical trial set to begin in 2021. The proposed clinical trial would assess Xact's safety and efficacy in the treatment of midface decline and neck lifts.

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Radiopharmaceuticals Market 2020 Analysis, Industry Size, Share Leaders, Current Status by Major vendors and Trends by Forecast to 2027

 Nuclear medicine is a revolutionary therapy in the healthcare sector. Nuclear medicine therapy using radiopharmaceuticals is gaining popularity every year. It is a medication that contains radioisotopes that used as both a diagnosis medication and a therapeutic agent. The advancements in this sector have to lead to plenty of successful treatments. Radio-pharmaceuticals are a therapy that manages both chronic and critical diseases. Radio-pharmaceuticals are widely used in molecular imaging as a biomarker. Also, there are several diagnostics for targeted organ with nuclear medicine radiopharmaceuticals.

 During the radiopharmaceuticals, the SPECT and the PET techniques are widely used. The cost-effectiveness, noninvasiveness, high sensitivity and ease of diagnosis are some of the specialties of radiopharmaceuticals. The clinical applications of radiopharmaceuticals are oncology, cardiology, thyroid, tumour and lymphoma. Radiopharmaceuticals are popular due to their low-cost diagnosis. Due to all these benefits of radiopharmaceuticals, its requirement is increasing in the medical field. As per the pharmaceutical market research reports, the growth rate of this market is expected to be 8.10%. Also, the pharmaceutical market value is estimated as 15.060.87 during the forecast year 2025. 

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Segment Analysis

The Global Radiopharmaceuticals Market, by type, has been divided into diagnostics, and therapeutic. The diagnostics segment is further segmented into SPECT radiopharmaceuticals and PET radiopharmaceuticals. SPECT radiopharmaceuticals are classified into Tc99m, I-123, and Others. PET radiopharmaceuticals segment is bifurcated into F18, C11 Choline, and Others. The radioactive tracer (radiopharmaceutical) is given to the patient by intravenous injection, orally, or by other routes depending on the organ and the function to be studied. In developed countries about one in 50 persons are found to undergo diagnosis using radiopharmaceuticals each year. The growing importance of diagnostic radiopharmaceuticals to predict the effects of surgery and assess the changes is anticipated to drive the growth of this segment during the forecast period.

The Global Radiopharmaceuticals Market, by application segment, has been segmented into neurology, cardiology, oncology, and others. The neurology is the largest segment in the global radiopharmaceuticals market. The rising prevalence of neurological disorders is expected to drive the growth of this segment during the forecast period.

Regional Analysis

The Global Radiopharmaceuticals Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas accounted for the largest share in the global radiopharmaceuticals market. The Americas is further segmented into North America and Latin America. North America is further divided into the US and Canada. Latin America consists of Mexico, Brazil, Colombia, Argentina, Chile, Peru, Uruguay, and Venezuela. The rising demand for non-invasive diagnostics and treatments and the presence of a vast patient population suffering from chronic diseases are likely to provide favorable conditions for the growth pf the market.

Europe established substantial growth in the market and anticipated to register the highest CAGR during the forecast period. Europe is segmented into Western Europe, Northern Europe, Eastern Europe, and the Rest of Europe. Rising investment for research and the presence of a vast patient pool and an increasing number of radioisotope approvals for different clinical indications are expected to drive the growth of the market.

The Asia-Pacific market for radiopharmaceuticals is further divided into Japan, China, Australia, India, South Korea, South-East Asia, New Zealand, Pakistan, and the Rest of Asia-Pacific. South-East Asia is further divided into Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. The radiopharmaceutical companies are expanding their operations in countries such as China, India, Singapore, and Russia, owing to the cost-efficiency in these regions. Additionally, Asia-Pacific has a large pool of geriatric populations requiring invasive therapies for the treatment of the increasing cases of cardiovascular diseases, neurological diseases, and others. According to the Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, approximately 12.4% of the population in the region was 60 years or older and is projected to rise to 1.3 billion people by 2050.

The radiopharmaceuticals market in the Middle East & Africa is expected to grow due to the presence of developed countries such as Egypt, Saudi Arabia, and others. Additionally, increasing awareness about radiopharmaceuticals in the region is expected to contribute to the growth of the market.

Key Players

MRFR recognizes the following companies as the Key Players in the Global Radiopharmaceuticals Market— GE Healthcare, Lantheus Medical Imaging, Inc., Novartis AG, BWX Technologies, Inc., Siemens Healthineers, IRE ELiT, JSC Isotope, NTP Radioisotopes SOC Ltd, Curium, Australian Nuclear Science and Technology Organization (ANSTO), and others

Key Findings of the Study

• The Global Radiopharmaceuticals Market is estimated to grow at USD 15,060.87 million by 2025 at a CAGR of 8.10% during the assessment period.
• Americas accounted for the largest share of the global market due to the presence of key market players and the rising demand for non-invasive diagnostics and treatments.
• Based on the type, the diagnostics segment accounted for the largest market share of 82.9% in 2018.
• Global radiopharmaceuticals market on the basis of application is dominated by neurology segment with 37.8% market share.

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Arterial Blood Collection Market Growth, Trends and Value Chain 2020-2027

 Global Arterial Blood Collection Market size is expected to register a 9.30% CAGR and reach USD 1,624.6 Million by 2023.

An arterial blood sample is collected from the artery with the help of arterial blood collection devices. Arterial blood collection should be performed only by healthcare professionals after acquiring proper knowledge and training. Devices for arterial blood collection are needed to be sterile to avoid infection to the healthcare professionals and patients during blood collection. Arterial blood collection devices are mostly used for arterial blood gas sampling. According to Medline, arterial blood samples should be performed under anaerobic conditions, and the sample should be placed on ice and held at 0° C until analysis.

The market for arterial blood collection devices is showing positive growth, which can be attributed to an increase in the demand for safe blood collection devices, aging population suffering from chronic disease, and demand of diagnosis of chronic diseases.

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The global arterial blood collection devices market is expected to grow at a rapid pace. The factors influencing the growth of the market include rising number of surgical procedures, demand of blood for emergency care, high incidence of chronic diseases contribute to the growth of this market. Restrains inhibiting the growth of this market are risk of transfusion transmissible infection and growing inclination towards robotic surgery. However, technological advancements represent significant growth opportunities for the growth of the arterial blood collection devices market during the forecast period

The global arterial blood collection devices market is expected to grow at a CAGR of 9.1% during forecast period 2017-2023.

Global Arterial Blood Collection Devices Market - Competitive Analysis

Becton, Dickinson and Company (U.S), Bio-Rad Laboratories, Inc. (U.S), NIPRO Medical Corporation (Japan), Qiagen (Netherlands), F. Hoffmann-La Roche Ltd (Switzerland), Terumo Medical Corporation (U.S), Thermo Fisher Scientific, Inc. (U.S) are some of the prominent players at the forefront of competition in the Global Arterial Blood Collection Devices Market and are profiled in MRFR Analysis. 

Characterized by the presence of several well-established and small players, the global market of arterial blood collection devices appears to be highly competitive and fragmented. With well-established market in the North America region major companies have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.

Globally, many players are operating in arterial blood collection devices market. Leading market players have their headquarters in America & Germany as well as they also enjoy global presence. Major market in arterial blood collection devices market are Becton, Dickson and Company, Bio-Rad Laboratories, Inc., NIPRO Medical Corporation, QIAGEN, F. Hoffmann-La Roche Ltd, Terumo Corporation, and Thermo Fisher Scientific, Inc. which account for more than 50% of shares in this market. These player contribute to positive growth of this market by manufacturing blood collection devices to meet the demand of the market.

Global Arterial Blood Collection Devices Market - Regional Analysis

Global arterial blood collection devices market is segmented on the basis of geographies or regions which mainly includes Americas, Europe, Asia Pacific, and Middle East & Africa.

Americas is the largest market for arterial blood collection devices. It comprises of two regions namely North America and South America. Important factors driving the growth of this market are demand of safe & reliable blood collection devices, concentration of major market players manufacturing blood collection devices, and extensive need of diagnostic services. Risk of blood transfusion transmissible infection may act as an obstacle for the growth of this market.

In 2016, North America accounted for the largest market share owing to an increase in demand of diagnostic procedures, awareness regarding use of sterile devices for blood collection, and technological advancement in the field of clinical diagnostics. Furthermore, increasing number of surgical procedures and high prevalence of lifestyle disease are also contributing to the growth of this market.

According to the America's Blood Centres, one in every seven people entering the hospital needs blood. It also stated that in the U.S, more than 15 million pints of blood is transfused every year and more the 40 thousand pints of blood is transfused daily in the U.S and Canada.

Rapid population growth, and need of diagnostic devices & blood collection devices are important drivers of this market in South America.

Europe holds the second largest share of the global arterial blood collection devices market. Asia Pacific is the fastest growing arterial blood collection devices market across the globe. Demand of arterial blood collection devices mainly syringes and needles is increasing with an increase in incidence of lifestyle diseases such as diabetes and chronic heart diseases, aging population, as well as growing number of surgical procedures performed in hospitals. Increase in number of blood donations centres has been found in Asia Pacific due to rising awareness regarding the need of blood & blood products for live saving treatment & emergency care.

However, the Middle East & Africa holds the least share of the global market due to limited availability of medical facilities.

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Transarterial Chemoembolization (TACE) Market Size, Share, Demand, Financial Overview, Key Developments, Swot Analysis and Forecast to 2027

 Transarterial Chemoembolization (TACE) Industry is expected to cross USD 2777.22 Million by 2025 at a CAGR of 8.57%.

The increasing prevalence of liver cancer is expected to drive the growth of the global transarterial chemoembolization (TACE) market. Hepatocellular carcinoma (HCC) is fifth cancer in terms of incidence and the second leading cause of cancer death for men worldwide. The incidence of HCC is highest in Asia and Africa.

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Improvement in the reimbursement scenario is impacting the growth of the market. The cost of sorafenib is reimbursed by Taiwan’s National Health Insurance (NHI) administration with the TACE procedure. Moreover, Lipiodol is approved for National Health Insurance reimbursement for transcatheter arterial chemoembolization for HCC.

Segmentation

By Procedure Type

• Conventional TACE: Conventional TACE dominated the Transarterial chemoembolization (TACE) market as it is one of the oldest procedures used in HCC cases. Conventional TACE involves the infusion of chemotherapeutic drugs blended with lipiodol and embolic agents into the cancer-feeding artery

• DEB-TACE: This segment is expected to witness the fastest growth. DEB-TACE allows higher concentrations of drugs to the target tumor and lower systemic concentrations, compared with conventional TACE

By Indication

• Unresectable HCC: TACE is a major treatment modality for unresectable HCC. The liver tumor which is not eligible for resection therapy given the extent of disease is considered as unresectable HCC

• Early-Stage HCC: In case of early-stage HCC, TACE is recommended if resection or local ablation is not feasible

By Product Type

• Chemotherapeutic Agents: Held the largest market share in 2018. Doxorubicin, cisplatin, and mitomycin are most commonly used in the TACE procedure. Doxorubicin is the most widely used chemotherapeutic agent for TACE of HCC. The dose of doxorubicin generally ranges from 30 to 75 mg/m2

• Radiotherapeutic Agents: TACE with radiotherapeutic agents is the most expensive treatment for liver tumors.

• Drug-eluting Particles: Drug-eluting beads have been imposed as novel drug-delivering agents for TACE. DC Beads is one of the most commonly used Drug-eluting beads. These beads are nonbiodegradable PVA microspheres, loaded with calibrated doxorubicin

By End-User

• Hospitals & Clinics: It holds the largest market share that can be attributed to an increase in the number of patients afflicted by HCC, coupled with a rise in a number of hospitals, and quality care, and availability of skilled and qualified professionals.

• Cancer Research Centers: This is the fastest-growing segment due to increasing research funding for the development of effective treatment of HCC

By Region

• Americas: The region holds the largest share of the market. The market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada.

• Europe: The European transarterial chemoembolization (TACE) market has been classified as Western Europe and Eastern Europe. The Western European market has further been categorized as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

• Asia-Pacific: The market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Asia-Pacific transarterial chemoembolization (TACE) market is projected to be the fastest-growing during the forecast period.

• Middle East & Africa: The market in the Middle East & Africa has been divided into the Middle East and Africa.

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Seborrheic Dermatitis Treatment Market 2020 Global Trend, Segmentation and Opportunities Forecast To 2027

 Seborrheic Dermatitis Treatment Market size is expected to cross USD 3.28 Billion by 2025 at a CAGR of 10.5 %.

Market Synopsis

Seborrheic dermatitis is a chronic inflammatory disorder that mostly affects the head and face. Primarily environmental, genetic, and general health problems are the cause of this disorder. The exact cause of seborrheic dermatitis remains unknown, but factors such as a change in hormone is the primary cause of this disease. It frequently affects people post-puberty. The prevalence of seborrheic dermatitis has been rising significantly in recent years. In the US alone, approximately 300 people are diagnosed with seborrheic dermatitis annually making it a reasonably common dermatological disorder worldwide. Some factors influencing the market growth are the rising awareness of personal hygiene, advancement in treatment options for seborrheic dermatitis, and growing awareness regarding seborrheic dermatitis.

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The global seborrheic dermatitis treatment market is currently dominated by several market players. The key players are involved in product launches and strategic collaborations to strengthen their market positions.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increasing prevalence of seborrheic dermatitis and rising per capita healthcare expenditure. The seborrheic dermatitis treatment market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European seborrheic dermatitis treatment market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The seborrheic dermatitis treatment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing patient pool of skin disorder and raising awareness about seborrheic dermatitis, the market in Asia-Pacific is expected to be the fastest-growing. The seborrheic dermatitis treatment market in the Middle East & Africa has been divided into the Middle East and Africa.

Segmentation

The global seborrheic dermatitis treatment market has been segmented based on treatment type, route of administration, and end user.

The market, based on treatment type, has been divided into antifungal products, corticosteroid lotions, and sulfur products. Around 1.5 million Americans are diagnosed with various seborrheic dermatitis every year. The corticosteroid lotions segment is predicted to be the fastest-growing due to the rising prevalence of the disorder in the pediatric population.

The global seborrheic dermatitis treatment market has been segmented, on the basis of route of administration, oral, and topical. The oral segment is expected to hold the majority share of the market. Around 25 million adults are diagnosed with chronic seborrheic dermatitis every year, and most of them treated with the help of oral drugs. The topical segment is expected to be the fastest-growing due to its increasing use globally. It was estimated that around 1.3 million people in the US were afflicted with seborrheic dermatitis in 2018.

The end-user segments of the market are hospital pharmacies, retail pharmacies, and others. The hospital pharmacies segment is expected to hold the largest share of the market as these centers are the primary locations for patients receiving treatment and services.

Key Players

Some of the key players in the Global Seborrheic Dermatitis Treatment Market are Sonoma Pharmaceuticals (US), Merck (US), Hikma Pharmaceuticals (UK), Allen and Hanburys (UK), GlaxoSmithKline (UK), Bausch Health (Canada), Valent Pharmaceutical (UK), and West-Ward Pharmaceutical Corp. (US).

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Peripheral Neuropathy Market Growth, Trends and Value Chain 2020-2027

 According to MRFR analysis, Peripheral Neuropathy Market is expected to register a CAGR of 3.9% during the forecast period of 2019 to 2025 and is expected to reach USD 292.40 Million by 2025.

Peripheral neuropathy develops when nerves in the body’s extremities, such as the hands, feet, and arms, are damaged. The symptoms depend on which nerves are affected.

The growth of the global peripheral neuropathy market is driven by various factors, such as increasing chemotherapy treatments for cancer and growing awareness about peripheral neuropathy. Additionally, rising innovations in the field of peripheral neuropathy by top players are also driving the market. However, stringent government regulations are projected to hamper the growth of the global peripheral neuropathy market.

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Several market players currently dominate the global peripheral neuropathy market. The key players are involved in product launches and strategic collaborations to strengthen their market positions. For example, in June 2015, Spinifex Pharmaceuticals acquired by Novartis. The acquisition was centered on Spinifex’s EMA401, a new drug that could offer relief from chronic neuropathic pain. This acquisition helps Novartis to be a prominent player in the peripheral neuropathy market by expanding the market.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas are expected to be the largest market owing to the rising per capita healthcare expenditure. The peripheral neuropathy market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European peripheral neuropathy market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The peripheral neuropathy market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the rising geriatric population and the growing prevalence of diabetes, Asia-Pacific is expected to be the fastest-growing. The peripheral neuropathy market in the Middle East & Africa has been divided into the Middle East and Africa.

Segmentation

The Global Peripheral Neuropathy Market has been segmented based on type, treatment, and end user.

The market, based on type, has been divided into diabetic peripheral neuropathy (DPN), chemotherapy-induced peripheral neuropathy (CIPN), idiopathic peripheral neuropathy, and HIV/AIDS-associated peripheral neuropathy.

The diabetic peripheral neuropathy (DPN)segment is likely to be the largest during the review period due to their increasing prevalence of diabetic peripheral neuropathy in youth with diabetes.

The chemotherapy-induced peripheral neuropathy (CIPN) segment is predicted to be the fastest-growing due to increasing chemotherapy for the treatments of cancer patients. Many market players come up with different treatment methods and devices with advanced technologies. For instance, in June 2019, RxFunction launched sensory prosthesis for people with peripheral neuropathy.

The global peripheral neuropathy market has been segregated, on the basis of treatment, into pharmacological therapies, non-pharmacological therapies, and others.

The pharmacological therapies segment is expected to hold the majority share of the market owing to the pharmacological therapies are primary in the treatment of peripheral neuropathy. The non-pharmacological therapies segment is expected to be the fastest-growing due to the as non-pharmacological therapies are used along with other treatment options for neurotherapy.

The end users of the market are hospitals and clinics, ambulatory centers, and others. The hospitals and clinics segment is expected to hold the largest share of the market due to the rising awareness about advanced treatments available in the hospitals and expertise. The ambulatory centers segment is expected to be the fastest growing owing to the availability of specialized medical services and advanced medical technology

Key Players

Some of the key players in the Global Peripheral Neuropathy Market are Abbott Laboratories (US), Bristol Myers Squibb (US), Novartis AG (UK), Eli Lilly and Company (US), Pfizer Inc (US), GlaxoSmithKline plc (UK), Merck and Co. Inc. (US), Cipla Limited (India), Lupin Limited (India), Dr. Reddy’s Laboratories (India), F. Hoffmann-La Roche Ltd. (UK), RxFunction, Inc. (US) among others

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Vitiligo Treatment Market Growth, Trends and Value Chain 2020-2027

 According to MRFR analysis, Vitiligo Treatment Market is expected to register a CAGR of 5.6% during the forecast period of 2019 to 2025 and was valued at USD 1.22 Billion in 2018.

Vitiligo is a skin disorder that causes white patches to appear on the skin. These patches occur because the melanocytes are destroyed, leaving areas of skin with no pigment at all. It can affect any skin part of the body.

The growth of the global vitiligo treatment market is driven by various factors such as emerging therapies for skin disorders, increasing healthcare expenditure, lifestyle changes. However, the lack of skilled professionals is expected to curb the growth of the global vitiligo treatment market.

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Several market players currently dominate the global vitiligo treatment market. The key players are involved in product launches and strategic collaborations to strengthen their market positions. For instance, Incyte Corporation reported positive results from the study of ruxolitinib cream which is in phase 2. This topical cream is suggested for vitiligo treatment.

Segmentation

The global vitiligo treatment market has been segmented based on type, treatment type, and end-user.

The market, based on type, has been divided into non-segmental and segmental. On the basis of treatment type, the market has been segmented into therapy, surgery, medication, and others. The therapy is further segmented into light therapy and depigmentation. The surgery is segmented into skin grafting, blister grafting, and micro-pigmentation. The medication is segmented into topical corticosteroids and immunosuppressive drugs.

The end-user segments of the market consist of hospitals, aesthetic clinics, and others. The hospitals and clinics segment is expected to hold the largest share of the market as these centers are the primary locations for patients receiving treatment and surgery.

Key Players

Some of the Key Players in the Global Vitiligo Treatment Market are Bausch Health Companies Inc. (Laval, Quebec), STRATA Skin Sciences (Horsham, PA), Reddy’s Laboratories Ltd. (India), Allergan, Inc. (Dublin, Coolock), Clinuvel Pharmaceuticals Limited (Melbourne, Victoria), Astellas Pharma Inc. (Northbrook, IL), Novartis AG (Basel, Basel-Stadt), Eli Lilly Company (Indianapolis, Indiana), Incyte Corporation (Wilmington, Delaware),  AstraZeneca AB (Cambridge, Cambridgeshire), Epizyme, Inc. (Cambridge, MA), Pfizer Inc. (New York),and Baxter International Inc. (Deerfield, Illinois)

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is expected to be the largest market owing to the significant investments by healthcare and medical regulatory bodies in vitiligo treatment to deliver quick medical aid to patients. The vitiligo treatment market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European vitiligo treatment market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The vitiligo treatment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing number of patients with vitiligo and increasing mergers & acquisitions among the market players are boosting the Asia-Pacific region. The vitiligo treatment market in the Middle East & Africa has been divided into the Middle East and Africa.

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