World Chemical Peels Market Drivers and Outlook 2020, Future Assessment 2025

Chemical peels are a kind of skin treatment performed by the topical application of some acidic solution to aesthetically improve the structure of a tissue. To make the skin’s appearance better, smoother and softer, the treatment of chemical peels is applied. However, chemical peels can be applied where the skin is constantly exposed to direct sunlight and becomes dry or formation of wrinkles due to normal aging process. Furthermore, to treat specific conditions like scars or acne on the skin, persons use chemical peels. Usually on the face, neck and hands, the use of the chemical peels is observed because these areas are normally exposed to the sun. Some histological changes are caused by most of the peels, the clinical results of which lead to a more or less rejuvenating effect on a part of the skin

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Chemical Peels Market Outlook:
The chemical peels market has gained significant growth due to remarkable increase in popularity for non-invasive and minimally invasive aesthetic procedures such as chemical peel, as these techniques reduces the prevalence of post-surgical complications, boost speedy recovery and also reduce issues related to pain and scarring. Moreover, increase in medical tourism and developed structure in the number of dermatological and other beauty clinics are some of the major factors contributing to the growth of the chemical peel market. Also, increasing number of the advanced medical treatments will contribute to the growth of the chemical peel market in the coming years. However, low availability of specialist to execute the chemical peeling procedure and innovation of procedures such as laser technology in developing countries are hampering the growth of chemical peel market.

Chemical Peels Market Segmental Overview:

The chemical peels market is segmented by type, application, end users and geography

Chemical Peels Market by Type:
On the basis of type, the chemical peel market is segmented into superficial peel, medium peel and deep peel. The epidermis, top layer of the skin is removed by superficial peel and which gives instance brightness to the skin as well as a smoother and even texture. The market of superficial peel segment is growing, owing to increasing demand from people to minimize the wrinkles and fine lines.

Chemical Peels Market by Application:
Based on application, the chemical peel market is segmented into face, neck, hands and others (legs, abdominal etc.). Due to increasing procedures of chemical peels in the facial applications worldwide, the face segment dominated the global chemical peel market in 2018 and is also anticipated to grow at a lucrative rate market during the forecast period.

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Chemical Peels Market by End Users:
Based on end-user, the chemical peel market is segmented into hospitals and recreation centers and dermatology clinics. In the current year, the dermatology clinics segment has significant share in the chemical peel market and is also estimated to dominate the market during the forecast period 2020 to 2025. Increasing number of dermatology clinics, modified services & customer service fulfilment and combination treatments are key factors boosting the dermatology clinics segment.

Chemical Peels Market by Geography:
By geography, the chemical peel market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America accounted for the largest market share in 2018, followed by Asia-Pacific. Factors such as rise in the importance of aesthetic looks, technology advancements and availability of cosmetics and dermatology specialists are propelling the market growth in North America. Moreover, the Asia-Pacific region is projected to grow at a fastest CAGR during the forecast period, due to advancement in health care services, high disposable income and increasing awareness of aesthetics procedures.

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Chemical Peels Market Key Players:
Some of the major players operating in the global chemical peels market includes Allergan PLC, Valeant Pharmaceuticals, Galderma, Glytone, IMAGE SKINCARE, Sinclair Pharma, La Roche-Posay, Hangzhou Techderm Biological Products Lasermed, Medytox, Laboratory ObvieLine, Proderma Light, Revitacare, Qufu GuangLong Biochem, SciVision Biotech, Skin-Peel, Syneron Medical, VisionMed and Teoxane. Market players are involved in new product launches and acquisitions to exploit maximum revenue potential in global chemical peel market. For instance, in September 2018, Allergan PLC launched new SkinMedica LUMIVIVE System, an innovative skincare product. LUMIVIVE offers full atmospheric protection and fights the signs of aging for optimal skin health and vitality.

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