Chemical Peel Market by End-user and Region — Forecast and Analysis 2020–2024
The chemical peel market size has the potential to grow by USD 62.78 million during 2020–2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by end-user (hospitals and recreation centers and dermatology clinics) and regions (APAC, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including Allergan Plc, Bausch Health Companies Inc., Colgate-Palmolive Co., Image International Manufacturing LLC, Johson & Johnson, LOreal SA, Merz Pharma GmbH & Co.KGaA, PIERRE FABRE DERMO COSMETIQUE USA INC., Teoxane SA, and Topix Pharmaceuticals Inc.
The rising demand for minimally invasive and non-invasive procedures will have a significant influence on chemical peel market growth during the forecast period. The market is witnessing a high degree of popularity for minimally invasive and non-invasive aesthetic procedures such as facial rejuvenation or chemical peel. These techniques encourage a speedy recovery, reduce the incidence of post-surgical complications such as adhesions and wound dehiscence, and also reduce issues related to pain and scarring. Various economies are providing a wide range of options to enhance the accessibility of non-surgical procedures to individuals and bringing easy payment plans. The major shift from traditional surgical procedures towards non-surgical procedures such as advanced medical laser treatments and the increasing number of laser clinics will contribute to the growth of the chemical peel market.
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The rise in medical tourism will also drive the growth of the chemical peel market until the end of 2024. Factors such as the availability of low-cost and high-quality treatments improved medical infrastructure, and the presence of highly skilled and renowned surgeons and doctors in developing countries drives the influx of people to avail services such as facial aesthetics and chemical peels.
