Physician Dispensed Cosmeceuticals Market: Challenges and Opportunities
A new market research report by Transparency Market Research, titled “Physician Dispensed Cosmeceuticals Market – Global Industry Size, Share, Trends, Analysis And Forecast 2012 – 2018”, comprises an extensive evaluation of the market for physician dispended cosmeceuticals. This report predicts robust future development of the market for physician dispensed cosmeceuticals. The report also throws light on the numerous variables poised to shape the market for physician dispended cosmeceuticals using a regression model for determining the future growth of the market. As stated in the report, the physician dispended cosmeceuticals market stood at US$560 mn in 2011 and is anticipated to reach US$1.8 bn by 2018. It will expand at a remarkable CAGR of 18.15% between 2012 and 2018
Insightful predictions for the market for physician dispended cosmeceuticals have been presented by consulting top industry experts and by considering each and every statistical detail of the market. The major parent segments and their growth prospects coupled with the new opportunities presented by them to the major players are also an integral part of this study. The report entails an extensive review of the market drivers, trends, issues, acquisitions, mergers, and numerous strategic industry activities by prime companies. The use of cosmeceuticals has fully revolutionized the cosmetic and personal care industry. The increasing proliferation of beauty products have eliminated the cause of imperfections in place of covering them. The key application areas of cosmeceuticals are hair care, skin care, and injectables. The market analytics and data have been derived by conducting both primary as well as secondary research.
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As per the report, the failure of numerous non-prescription cosmetic products in meeting the needs of consumers and the rising preference for physician recommended products are amongst the prime factors driving the growth of the market. In addition, the rising use of e-Commerce to promote sales, the swift penetration of the internet, and the increasing count of dispensing physicians will also augment the growth of the market. Furthermore, the increasing surgical procedures, new product proliferations, and the rising consumer spending on health and wellness will also boost the growth of the market for physician dispended cosmeceuticals. In terms of product, the report segments the market into eyelash products and skin care products.
As per the report, the prominent players dominant in the market are Athena Cosmetics, Inc., LLC, exCel Manufacturing Co., Inc., Candem Pharma, Inc., Clinique Laboratories, LLC., Histogen, Inc., La Roche-Posay Laboratoire Pharmaceutique, Neutrogena Corporation, Obagi Medical Products, Inc., Pacific Bioscience Laboratories, Inc., SkinMedica, Inc., and Stiefel Laboratories, Inc., among others.
Mr. Sudip S
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