The global market for physician dispensed cosmeceuticals is expected to grow at a significant CAGR during the forecast period (2021-2027). Cosmetics with therapeutic qualities are known as cosmeceuticals. There is no legal drug licenserequirement for these items. Physician dispensed cosmeceuticals are cosmetics that can only be obtained through a medically guided organization and are designed to have a biological effect on the skin below the stratum corneum. Many doctors whose practices or specialties involve skin health opt to distribute these cosmeceuticals. Products such as skincare, eye care, hair care, and others are included in physician dispensed cosmeceuticals.
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The increased emphasis on beauty and appearance, as well as rising anti-aging awareness, will drive the growth of the physician-dispensed cosmeceuticals market. Factors such as growing awareness of the safety and effectiveness of physician dispensed cosmeceuticals, as well as an increase in user preference for a specific solution to various skin problems such as age spot or acne spot reduction, are expected to drive the physician dispensed cosmeceuticals market growth during the forecast period. Furthermore, the rising awareness for anti-aging is likely to drive the physician-dispensed cosmeceuticals market growth during the forecast period.
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Increased awareness of the safety and efficacy of physician-dispensed cosmeceuticals, as well as new product releases, are also contributing to the global market growth. Skinceuticals, for instance, announced the debut of cosmeceutical cleansers in September 2017, with two new products such as replenishing cleanser and soothing cleanser. In September 2018, Khiron Life Sciences also announced the introduction of Kuida, a CBD Cosmeceutical brand for women that includes body and skincare items.
Physician Dispensed Cosmeceuticals Market – Segmentation
By Type
Skin Care
Anti-Ageing
Sunscreens
Other Skin Care Products
Eye Care
Eye Drops
Other Eye Care Products
Hair Care
Hair Repair
Anti-dandruff
Other Hair care Products
By Application
Hospital Pharmacy
Retail Pharmacy
Online Sales
Physician Dispensed Cosmeceuticals Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Johnson & Johnson
Allergan plc
Procter & Gamble Co.
Jan Marini Skin Research Inc.
L’Oréal S.A.
Bausch Health Companies Inc.
Unilever plc
ZO Skin Health Inc.
Merz Pharma
Obagi Cosmeceuticals LLC.
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