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Global Vitiligo Market – Industry Trends and Forecast to 2029

  • Pharmaceutical
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Vitiligo Market, By Type (Segmental Vitiligo, Non-Segmental Vitiligo, Others), Treatment (Medications, Therapies, Surgery, Others), Dosage Form (Oral, Injectable, Creams, Gel, Ointment, Others), Route of Administration (Oral, Parenteral, Topical, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029

Vitiligo Market

Market Analysis and Size

In recent years, the vitiligo market is anticipated to grow rapidly during the forecast period. Vitiligo is one of the 24 skin diseases listed by the American Academy of Dermatology Skin Disease. In 2013, more than 150,000 Americans of all ages were treated for vitiligo, at a cost of about USD 328 per patient, three times that of rosacea and double that of acne. Vitiligo is a skin disorder in which the pigmentation of the skin is lost in patches. Around the world, vitiligo affects 0.2 percent to 1% of the population. Vitiligo affects any part of the body when the skin's natural colour is lost due to a lack of melanin in the skin.

Data Bridge Market Research analyses that the Vitiligo market was valued at USD 1,127.12 million in 2021 and is expected to reach USD 1,837.54 million by 2029, registering a CAGR of 6.30% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Vitiligo is a skin disorder in which colourless patches of skin develop. Vitiligo can affect the entire surface of the skin. This skin illness affects the eyes, the inside of the mouth, and the hair, and it differs from person to person. It's difficult to say how far the patches will expand and by how much. The emergence of white spots or patches on the skin is the most common symptom of vitiligo. Segmental vitiligo and non-segmental vitiligo are the two main kinds of vitiligo. Calcineurin inhibitors, corticosteroids, and psoralens are some of the most common medications prescribed by doctors to treat vitiligo.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Segmental Vitiligo, Non-Segmental Vitiligo, Others), Treatment (Medications, Therapies, Surgery, Others), Dosage Form (Oral, Injectable, Creams, Gel, Ointment, Others), Route of Administration (Oral, Parenteral, Topical, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

F. Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (US), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Zydus Cadila (India), AstraZeneca (UK), Johnson & Johnson (US), Bayer AG (Germany), Sun Pharmaceutical Industries Ltd. (India), Merck & Co., Inc. (US), Bristol-Myers Squibb Company (US), Eli Lilly and Company (US), Cipla Inc. (US), LEO Pharma A/S (Denmark), Aurobindo Pharma (India), Lupin (India), Hikma Pharmaceuticals PLC (UK)

Market Opportunities

  • Increase in the number of emerging markets
  • Increase in the number of research and development activities
  • Rising investment for the development of advanced technologies
  • Surging drug approvals and launches

Vitiligo Market Dynamics

Drivers

  • Increasing prevalence of vitiligo

The rising prevalence of vitiligo is estimated to enhance the market's growth. Its prevalence rate ranges between 0.2% and 4%. Vitiligo is a hypopigmentation skin condition in which the skin loses its colour due to a lack of melanin in the skin cells. It affects all portions of the body's skin and the hair and the inside of the mouth. Vitiligo is a skin condition that is neither life-threatening nor communicable. It affects everyone, regardless of their skin type.

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of vitiligo market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

Furthermore, rising initiatives by public and private organizations to spread awareness will expand the Vitiligo market. Additionally, changing lifestyles of people and rising level of disposable income will result in the expansion of Vitiligo market. The growing importance of aesthetic appeal and increased adoption of cosmetic procedures and other dermatology procedures will propel the market's growth rate.

Opportunities

  • Increase in the number of research and development activities       

Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the Vitiligo market growth. Along with this, rising drug approvals and launches will further propel the market's growth rate. 

Moreover, rising investment for the development of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the Vitiligo market growth during the forecast period.

Restraints/Challenges

On the other hand, high cost associated with the treatment will obstruct the growth rate of market. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the Vitiligo market. Additionally, complications involved with vitiligo such as psychological distress, eye problems, sunburn and hearing loss, and lack of awareness among people will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.

This vitiligo market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Vitiligo market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Patient Epidemiology Analysis

Vitiligo market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

COVID-19 Impact on Vitiligo Market

Since its emergence in December 2019, the COVID-19  virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. COVID-19, a new coronavirus, was identified as the causal agent in pneumonia cases. This virus spread quickly over the world, killing a large number of people. COVID-19 was labelled a global pandemic by the World Health Organization (WHO) in March 2020, and rigorous measures to prevent the disease's spread were recommended. Since then, the pandemic has delayed the expansion of the healthcare sector and disrupted the supply chain. Furthermore, governments in many nations had imposed nationwide lockdowns to halt the spread of COVID-19. Similarly, healthcare organizations in numerous nations throughout the world were having difficulty continuing their supply chain activities. The supply chain slowness hampered the vitiligo market.

Recent Development

  • In October 2021, Uniza Group had announced the launch of a novel solution named Vitellus for the management of vitiligo. Vitellus is a unique combination of Greyverse, Melitane, GL 200 & EUK-134 which is considered an advanced new age solution for managing vitiligo. It is lotion that helps in melamine growth and functions on skin pigmentation and hair follicle pigmentation.

Global Vitiligo Market Scope

The Vitiligo market is segmented on the basis of type, treatment, dosage form, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Segmental Vitiligo
  • Non-Segmental Vitiligo
  • Others

Treatment

  • Medications

    • Immunosuppressive
    • Corticosteroids

Others

  • Therapies

    • Light Therapy
    • Depigmentation
    • Others

  • Surgery

    • Skin grafting
    • Blister grafting
    • Micropigmentation
    • Others

  • Others

Dosage Form

  • Oral
  • Injectable
  • Creams
  • Gel
  • Ointment
  • Others

Route of Administration

  • Oral
  • Parenteral
  • Topical
  • Others

End-Users

  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Vitiligo Market Regional Analysis/Insights

The vitiligo market is analysed and market size insights and trends are provided by country, type, treatment, dosage form, route of administration, end-users and distribution channel as referenced above.

The countries covered in the vitiligo market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the vitiligo market because of the favourable reimbursement scenario and presence of major key players in this region. Additionally, rising healthcare expenditure will further propel the market's growth rate in this region.

Asia-Pacific is expected to grow during the forecast period due to the increasing number of cases of skin diseases due to sunlight exposure in this region. Also, development of healthcare infrastructure and rising awareness about the diseases will further propel the market's growth rate in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Vitiligo Market Share Analysis

The vitiligo market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vitiligo market.

Some of the major players operating in the vitiligo market are:

  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Mylan N.V. (US)
  • Teva Pharmaceutical Industries Ltd.(Israel)
  • Sanofi (France)
  • Pfizer Inc. (US)
  • GlaxoSmithKline plc (UK)
  • Novartis AG (Switzerland)
  • Zydus Cadila (India)
  • AstraZeneca (UK)
  • Johnson & Johnson (US)
  • Bayer AG (Germany)
  • Sun Pharmaceutical Industries Ltd. (India)
  • Bristol-Myers Squibb Company (US)
  • Eli Lilly and Company (US)
  • Cipla Inc. (US)
  • LEO Pharma A/S (Denmark)
  • Aurobindo Pharma (India)
  • Lupin (India)
  • Hikma Pharmaceuticals PLC (UK)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Vitiligo Market will be worth USD 1,837.54 million by 2029.
The Vitiligo Market growth rate is 6.30% during the forecast period.
Increasing prevalence of vitiligo & Increasing investment for healthcare infrastructure are the growth drivers of the Vitiligo Market.
The type, treatment, dosage form, route of administration, end-users and distribution channel are the factors on which the Vitiligo Market research is based.
The Uniza Group had announced the launch of a novel solution named Vitellus for the management of vitiligo are the latest developments in the Vitiligo Market.
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