Published on : Jun 05, 2018
Albany, New York, June 5, 2018: Developments in beauty industry are expected to reflect positively on the growth of physician dispensed cosmeceuticals market. Transitioning user-expectations in cosmetology and significant medical advancements are chief contributors in physician dispensed cosmeceuticals market across regions. To evaluate the recent trends and developments in physician dispensed cosmeceuticals market, Market Research Hub (MRH) has recently added a new report titled, ‘Physician Dispensed Cosmeceuticals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2024’ to its database.
Human Micro-biome Likely to Foster Physician Dispensed Cosmeceuticals for Skin Care
Increased awareness among end-users to opt for superior cosmetology brands that align with vigorous dermatology research has triggered leading pharmaceutical companies to produce physician dispensed cosmeceuticals. Growing number of informed end-users has encouraged biopharmaceutical companies to produce physician dispensed cosmeceuticals that have better formulations to improve hair and skin therapeutics.
To leverage optimum skin health among its physician dispensed cosmeceuticals end-users, Johnson and Johnson has accentuated micro-biome based skin therapeutics. Its collaboration with Demala, a pioneer in dermatology products is designed to produce products based on human micro-biome. The latter will have an access to use J&J Labs for developing apt formulation targeted to meet end-user demands without relying much on chemical treatment. Further, the company is focused on to expand its geographical presence in Asia-Pacific region with a novel facility introduced in Singapore.
With product innovation at the fore, Proctor and Gamble has ended an acquisition deal with New Zealand based skin care company, Snowberry. This deal will allow the former to establish a strong foothold in physician dispensed cosmaceuticals market. Snowberry is a key producer of skin-care product line that combats aging symptoms. The products are developed aligning with customer needs to use organic products as opposed to synthetic ones. With this deal P&G aims to elevate its position as a chief producer of physician dispensed cosmaceuticals.
Vital insights collated in the report highlight key segments that impact the growth of physician dispensed cosmaceuticals market. This section splits the market on the basis of product type. Based on type, the market is segmented as skin care products, hair care products, eye care products, injectable Botox, and other products. On the basis of segmentation, readers can gain significant information about the segment in terms of revenue generation and its impact on the overall growth of physician dispensed cosmaceuticals market.
Also, the report is comprehensive in terms of information pertaining to regional segmentation of the market. Based on region, physician dispensed cosmaceuticals is fragmented as Europe, North America, Latin America, Asia Pacific, and Middle East & Africa. The report entails insights on the marketing strategies applied by leading manufacturers in various regions and their corresponding impact on physician dispensed cosmaceuticals market growth.
Competitive Landscape of Physician Dispensed Cosmaceuticals Market
Executive summary of research outputs on physician dispensed cosmaceuticals market gives perspectives about the various business strategies implemented by key companies to maximize profits. With the insights cited in the report, new market players as well as leading companies can decipher clear understanding about growth oriented marketing strategies and design profit oriented investment decisions. Leading companies highlighted in the report include, Allergan plc, Jan Marini Skin Research, Inc., Johnson & Johnson, L'Oreal S.A., Procter & Gamble Co., Valeant Pharmaceuticals Inc., Unilever plc, and ZO Skin Health Inc.
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