Vitiligo Market Growth Trends and Forecast Report 2025-2033 - Rising Awareness, Diagnostic Advances, Innovative Therapies, and Expanding Global Healthcare Access
Vitiligo Market
Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "Vitiligo Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering.The rise in prevalence of autoimmune skin diseases, the growth of dermatological treatments, and improving knowledge about vitiligo are driving the market to grow steadily during the forecast period.
North America holds a major share due to high awareness and advanced healthcare systems, while Asia-Pacific is expected to see rapid growth driven by increasing medical investments and awareness initiatives. Each segment contributes uniquely to the dynamics of the vitiligo market, offering diverse opportunities for stakeholders across pharmaceutical and service-based sectors.Increased Awareness and Early DiagnosisIncreasing awareness campaigns and education programs by healthcare institutions have contributed to better knowledge and early detection of vitiligo. Patient support groups and social media also help in de-stigmatizing the disease, and more individuals are seeking medical help. Demand for over-the-counter and prescription products is being driven by this awareness.
Furthermore, improvements in diagnostic technology are making it possible for dermatologists to detect vitiligo earlier, which facilitates more effective treatments. All of these factors collectively are greatly increasing the size of the market and inducing investment in novel therapies. June 2024, Glenmark Pharmaceuticals Ltd and the IADVL initiated a campaign for awareness about vitiligo, a skin disease related to pigmentation. The effort involves postcards and a calendar with paintings of a painting contest on World Vitiligo Day to raise awareness and treatment options for the patient.Advancements in Treatment ModalitiesNew research and advances in dermatology have brought unprecedented developments in vitiligo treatments. Some advances include topical JAK inhibitors, enhanced phototherapy equipment, and regenerative methods through melanocyte transplantation. These innovations are enhancing patient satisfaction and outcomes, driving demand for advanced care.
Pharmaceutical companies and biotech companies are investing more in clinical trials for new medicines, with the goal of providing more targeted and longer-lasting treatments. This increase in innovation is propelling the growth of the global market for vitiligo treatment by offering more effective and convenient treatments. October 2024, Kenvue Inc, the consumer health leader, has unveiled multi-year collaborations for its Neutrogena brand with world-renowned skincare expert Dr. Dhaval Bhanusali and the world's most followed dermatologist, Dr. Muneeb Shah.Growing Healthcare Spending and AccessRising healthcare spending worldwide, particularly in developing economies, is facilitating greater access to dermatological treatment and advanced vitiligo therapies. Government-funded health initiatives and increased insurance coverage are making patients able to pay for both light-based and topical treatments. Additionally, the increase in teledermatology platforms is enhancing specialist access, especially in rural and underserved areas. With increased affordability and infrastructure, patients are now more willing to receive treatment, leading to the overall market growth and providing new opportunities for service providers and drug manufacturers.Challenges in the Global Vitiligo Market
Limited Treatment Effectiveness and Risk of RecurrenceNotwithstanding the progress, most treatments for vitiligo are limited in long-term effectiveness and have high rates of recurrence. Permanent or complete repigmentation is unattainable for most patients. Topical interventions can take several months to manifest and are not equally effective in all skin types or stages of vitiligo. Light therapy, though successful in some cases, also has the risk of skin damage and patchy pigmentation. These challenges inhibit long-term compliance among patients and decrease total satisfaction with treatment, presenting a critical hindrance to market development and innovation.Psychological and Social Stigma BarriersVitiligo is widely stigmatized in most societies, preventing patients from going for diagnosis or treatment. The social stigma is likely to cause emotional trauma, worry, and depression, which ultimately lead to treatment default. Vitiligo has, in certain regions, been incorrectly believed to be infectious or connected to other illness, heightening segregation. Psychological barriers are key in treatment access and patient participation. Until stigma is tackled through public health advocacy and education, the market will fail to reach its full potential, especially in conservative or underserved areas.
Key Players Analyzed: Overview, Key Persons, Recent Developments, Product Portfolio, Revenue
Incyte Corporation
Bristol-Myers Squibb
Clinuvel Pharmaceuticals Ltd
Astellas pharma inc
Baxter International Inc.
Pfizer
Dr. Reddy's Laboratories Ltd
Key Attributes:
Report Attribute
Details
No. of Pages
200
Forecast Period
2024 - 2033
Estimated Market Value (USD) in 2024
$674 Million
Forecasted Market Value (USD) by 2033
$1090 Million
Compound Annual Growth Rate
5.5%
Regions Covered
Global
Key Topics Covered: 1. Introduction2. Research & Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global Vitiligo Patient Numbers & Market5.1 Vitiligo Market5.2 Vitiligo Patients (Thousand)6. Global Vitiligo Patient Numbers & Market Share Analysis6.1 Market Share6.1.1 By Vitiligo Type6.1.2 By Treatment Type6.1.3 By End User6.1.4 By Country Vitiligo Market Share6.2 Volume Share6.2.1 By Country Vitiligo Patient Numbers Share7. Diseases Type7.1 Segmental7.2 Non Segmental8. Treatment Type8.1 Topical Treatments8.2 Light Therapy8.3 Surgical Procedures8.4 Others9. End User9.1 Hospitals9.2 Ambulatory Clinics9.3 Others10. Country10.1 United States10.1.1 Vitiligo Market10.1.2 Vitiligo Patient (Thousand)10.2 Canada10.3 Mexico10.4 Germany10.5 United Kingdom10.6 France10.7 Italy10.8 Spain10.9 Japan10.10 China10.11 Australia10.12 India10.13 Brazil10.14 Saudi Arabia10.15 Argentina10.16 United Arab Emirates10.17 South Africa10.18 Rest of World11. Clinical Study of Vitiligo Market12. Porter's Five Forces12.1 Bargaining Power of Buyer12.2 Bargaining Power of Supplier12.3 Threat of New Entrants12.4 Rivalry among Existing Competitors12.5 Threat of Substitute Products13. SWOT Analysis13.1 Strengths13.2 Weaknesses13.3 Opportunities13.4 Threats14. Company Analysis
For more information about this report visit https://www.researchandmarkets.com/r/exy4pc
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
Vitiligo Market
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Upturn
an hour ago
- Business Upturn
High Purity Gas Market is Projected with A Value of USD 55.79 Billion by 2032, Driven by Rising Demand in Semiconductor Manufacturing
By GlobeNewswire Published on August 13, 2025, 11:27 IST Austin, Aug. 13, 2025 (GLOBE NEWSWIRE) — The High Purity Gas Market Size was valued at USD 34.61 billion in 2024 and is expected to reach USD 55.79 billion by 2032, growing at a CAGR of 6.16% over the forecast period of 2025-2032. Technological Advances and Regulatory Standards Propel Adoption of High Purity Gases Across Electronics, Healthcare, and Clean Energy Applications Globally High purity gases, with minimal contaminants, are increasingly vital in electronics, healthcare, chemicals, and food processing. The U.S. Department of Energy noted a 12% surge in ultra-high purity nitrogen and argon demand in semiconductor fabrication under the CHIPS Act. The European Industrial Gases Association reported a 9% rise in medical oxygen usage in 2023. Air Products opened a new hydrogen facility in Texas in January 2024 to meet growing clean energy and electronics needs. Strict FDA and ISO standards, coupled with advanced monitoring systems, are driving adoption worldwide. Download PDF Sample of High Purity Gas Market @ The U.S. dominates the North American High Purity Gas market, with a market size of USD 7.18 billion in 2024, and is expected to reach USD 11.45 billion by 2032, holding a market share of 72%. The U.S. High Purity Gas Market is expanding rapidly due to surging semiconductor manufacturing investments, increased demand for medical-grade gases, and the growth of clean energy initiatives. Expansion of facilities by companies like Air Liquide and Linde, combined with government-backed infrastructure spending, is fostering long-term growth. Key Players: Linde plc Air Liquide S.A. Air Products and Chemicals, Inc. Messer Group GmbH Matheson Tri-Gas, Inc. Iwatani Corporation Nippon Sanso Holdings Corporation Taiyo Nippon Sanso Corporation Resonac Holdings Corporation Gruppo SIAD S.p.A. High Purity Gas Market Report Scope: Report Attributes Details Market Size in 2024 USD 34.61 billion Market Size by 2032 USD 55.79 billion CAGR CAGR of 6.16% From 2025 to 2032 Base Year 2024 Forecast Period 2025-2032 Historical Data 2021-2023 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments •By Type (High Atmospheric Gas, Noble Gas, Carbon Gas, and Others),•By Function (Insulation, Illumination, and Coolant),•By Storage & Distribution And Transportation (Cylinders/Packaged Gas, Merchant Liquid, and Tonnage), •By End-Use Industry (Electronics, Metal Production, Chemicals, Oil & Gas, Medical & Healthcare, Food & Beverage, and Others) If You Need Any Customization on High Purity Gas Market Report, Inquire Now @ By Type, the Noble Gas Dominated the High Purity Gas Market in 2024, with a 40.6% Market Share. The dominance is due to their essential role in electronics manufacturing, particularly in semiconductor lithography, LCD panels, and fiber optics. Argon prevents oxidation during microchip production, while helium aids MRI cooling systems. Aerospace applications use noble gases for pressurization and propulsion. Growing demand for high-performance electronics in the Asia Pacific and North America, along with renewable energy investments, is boosting consumption. Advances in recycling and recovery technologies have enhanced cost efficiency and environmental sustainability, reinforcing their importance across multiple high-tech and industrial sectors globally. By End-Use Industry, the Electronics Segment dominated the High Purity Gas Market in 2024, with a 36.8% Market Share. The dominance is due to the surge in semiconductor, LED, and photovoltaic cell production. High-purity gases support critical processes such as etching, deposition, and cleaning. In the U.S., CHIPS Act funding has increased nitrogen, hydrogen, and argon demand. In the Asia Pacific, expansions by TSMC and Samsung have fueled usage. The rapid adoption of electric vehicles, smart devices, and renewable energy technologies further strengthens the electronics sector demand, ensuring steady long-term consumption across both mature and emerging manufacturing economies. By Region, Asia Pacific dominated and is the fastest growing region in the High Purity Gas Market in 2024, Holding A 35.1% Market Share with a CAGR of 6.53% from 2025 to 2032. The dominance is due to strong electronics manufacturing bases in China, Japan, South Korea, and Taiwan. Large-scale semiconductor fabrication, high medical gas usage, and growing steel production drive regional consumption. China is rapidly increasing production capacities, while Japan's electronics sector maintains heavy reliance on ultra-high purity gases. Government-led clean energy programs also accelerate hydrogen and oxygen adoption. This combination of industrial capacity, technological expertise, and policy support positions the Asia Pacific as the global leader in high purity gas demand and production. Recent Developments In June 2025, Messer invested RMB 250 million to supply ultra-high purity nitrogen, oxygen, hydrogen, and carbon dioxide for BOE's Chengdu AMOLED plant, supporting strict purity needs in advanced display manufacturing operations. Messer invested RMB 250 million to supply ultra-high purity nitrogen, oxygen, hydrogen, and carbon dioxide for BOE's Chengdu AMOLED plant, supporting strict purity needs in advanced display manufacturing operations. In December 2024, Air Products exited a Texas green hydrogen joint venture due to economic shifts, affecting projected high-purity hydrogen availability for electronics, clean energy applications, and industrial processes requiring stringent purity. Buy Full Research Report on High Purity Gas Market 2025-2032 @ USPs of the High Purity Gas Market Purity Grade Demand Analysis Across Industrial Sectors – Enables market targeting by identifying which industries demand specific purity levels, helping clients align product specifications with sectoral requirements. Enables market targeting by identifying which industries demand specific purity levels, helping clients align product specifications with sectoral requirements. Price Trend Mapping For Key Raw Inputs – Supports budgeting and procurement strategies by tracking fluctuations in raw material costs, such as energy and feedstock, impacting overall gas production expenses. Supports budgeting and procurement strategies by tracking fluctuations in raw material costs, such as energy and feedstock, impacting overall gas production expenses. Capital Investment Trends In Gas Production Facilities – Assists in strategic planning by highlighting where companies are building or upgrading facilities for high-purity gas manufacturing. Assists in strategic planning by highlighting where companies are building or upgrading facilities for high-purity gas manufacturing. Regional Regulatory Compliance Adoption Rates – Helps gauge market readiness and compliance costs by tracking adherence to ISO, FDA, or EIGA purity standards. Helps gauge market readiness and compliance costs by tracking adherence to ISO, FDA, or EIGA purity standards. Import-Export Volume Shifts By Gas Category – Guides clients in identifying emerging export markets and understanding competitive positioning in global trade. Guides clients in identifying emerging export markets and understanding competitive positioning in global trade. Environmental Impact Assessments Of Gas Production Facilities – Assists in ESG reporting and sustainability strategy by quantifying emissions and resource use. Assists in ESG reporting and sustainability strategy by quantifying emissions and resource use. Trade Tariff Impact Assessments On Gas Pricing – Aids pricing strategy by evaluating the effects of changing import/export duties. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.


Business Upturn
an hour ago
- Business Upturn
L&T Energy GreenTech partners with ITOCHU to develop 300 KTPA green ammonia project in Gujarat
L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has joined hands with Japan's ITOCHU Corporation to develop and commercialize a 300 KTPA green ammonia project at Kandla, Gujarat. This strategic partnership marks a significant milestone in promoting sustainable energy solutions for the maritime sector. Under the Joint Development Agreement (JDA), LTEG and ITOCHU will collaborate on building the green ammonia plant, with ITOCHU planning to offtake the ammonia for bunkering applications in Singapore. This initiative aligns with both companies' commitment to decarbonization and low-carbon marine fuels. Last year, L&T acquired a large land parcel at Kandla to strengthen its footprint in green hydrogen and green ammonia projects. The new collaboration further supports LTEG's vision to create a comprehensive presence across the green energy value chain while complementing ITOCHU's efforts to promote zero-emission ammonia-based fuels. India's vast renewable resources and competitive electricity costs make it an ideal hub for green hydrogen production. The country's National Green Hydrogen Mission aims to achieve a production capacity of at least 5 MMTPA by 2030, attracting investments exceeding USD 100 billion. This initiative is poised to drive industrial innovation, generate green jobs, and enhance India's energy security. With the LTEG-ITOCHU partnership, India takes another step toward becoming a global leader in green hydrogen and sustainable maritime fuel solutions, contributing to a cleaner, low-carbon future. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at


Business Upturn
an hour ago
- Business Upturn
Permanent Magnet Motor Market Size to Grow USD 132.17 Billion By 2032, at 11.06% CAGR
By GlobeNewswire Published on August 13, 2025, 11:00 IST Austin, Aug. 13, 2025 (GLOBE NEWSWIRE) — Permanent Magnet Motor Market Size & Growth Insights: According to the SNS Insider,'The Permanent Magnet Motor Market Size was valued at USD 57.24 billion in 2024 and is expected to reach USD 132.17 billion by 2032 and grow at a CAGR of 11.06% over the forecast period of 2025-2032.' Permanent Magnet Motor Market: Driven by EV Adoption and Industrial Automation The global Permanent Magnet Motor Market is growing at a quicker pace due to the increasing acceptance of electric vehicles (EVs), industrial automation, and energy-efficient systems. Due to their high torque density, compact size, and superior energy efficiency, these motors are quickly becoming the motors of choice in EV powertrains, robotic systems, and smart manufacturing. Currently the market is also continuing to back due to propitious government regulations, increasing investment in R&D, and the shift to clean energy for sustainable mobility. Permanent magnet motors have now become more competitive, which is evidenced by the fact that more than 80% of EV manufacturers are currently using them. Permanent magnet motors will play a top role in transportation and industrial applications from 2023 through 2032 as industries shift to smarter, greener operations. Get a Sample Report of Permanent Magnet Motor Market Forecast @ Leading Market Players with their Product Listed in this Report are: ABB Ltd. Siemens AG Nidec Corporation General Electric (GE) Toshiba Corporation Rockwell Automation Inc. Johnson Electric Holdings Limited Allied Motion Technologies Inc. WEG S.A. AMETEK Inc Permanent Magnet Motor Market Report Scope: Report Attributes Details Market Size in 2024 USD 57.24 Billion Market Size by 2032 USD 132.17 Billion CAGR CAGR of 11.06% From 2025 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segmentation • By Application (Electric Vehicles, Industrial Automation, Home Appliances, Renewable Energy and Robotics)• By Type (Synchronous Motors, Brushless DC Motors, Stepper Motors and Switched Reluctance Motors)• By End-User (Transportation, Manufacturing, Residential and Commercial) • By Cooling Method (Air-Cooled and Liquid-Cooled) Purchase Single User PDF of Permanent Magnet Motor Market Report (20% Discount) @ Key Industry Segmentation By Application In 2024, the Electric Vehicles segment had the largest revenue share in the Permanent Magnet Motor Market, accounting for approximately 34.8% of revenue, as demand for lightweight, high-efficiency motors is increasing for EV powertrains. Permanent magnet motors, which are favored for their relatively high torque density and power density (compared to induction motors) also have been adopted by the major players including Tesla. As such, based on promising growth supportive due to expanding EV infrastructure, government incentives, and global transitions in mobility towards sustainable solutions, the segment is projected to register a CAGR of approximately 11.93% over the period of time spanning 2023 to 2032. By Type In Permanent Magnet Motor Market, the Synchronous Motors segment accounted for the largest revenue share of 41.2% in 2024 owing to the high efficiency, continuous operation as well as power factor correction capabilities making them suitable for a wide spectrum of industrial applications. Advanced synchronous motors for energy and heavy industries are delivered by Siemens, for example. The fastest-growing segment, with a CAGR (2025–2032) of 11.78%, is Brushless DC Motors, primarily driven by automotive, aerospace and electronics industry demands for smaller, more efficient and low-maintenance motors. By End-User Transportation segment held highest revenue share of over 39.6% in 2024, owing to high usage rate of permanent magnet motor in electric trains, metro, and electric vehicles. An increasing focus on sustainable mobility and logistics electrification is further reinforcing this trend. Bombardier, a producer of an electric rail system, is one of the manufacturers adapting to these trends, having recently integrated permanent magnet motors to increase efficiency. In alignment with the global trends in Permanent Magnet Motor Market, the transportation segment is estimated to gain a fastest CAGR during 2024–2032, around 11.71% owing to increasing investments Indicating in electric mobility, electric aviation, and rail modernization programs in developed and developing economies. By Cooling Method The Air-Cooled segment dominated the Permanent Magnet Motor Market in 2024 with a 62.3% share, driven by its cost-effectiveness, simplified design, and ease of integration across general industrial applications. These motors offer reliable thermal performance without complex cooling systems. ABB provides a wide range of air-cooled PM motors for industrial and HVAC use. the Liquid-Cooled segment is anticipated to grow the fastest over the projected period (2024–2032) at a CAGR of 11.61%, offering enhanced cooling efficiency, especially suitable for EVs, robotics, and high-performance automation applications. Permanent Magnet Motor Market Sees Robust Growth Across Key Global Regions In 2024, Asia Pacific led the Permanent Magnet Motor Market with a 38.2% revenue share, driven by China, Japan, South Korea, and India's robust automotive, electronics, and manufacturing sectors. China dominates due to EV leadership and rare earth resource control. North America follows, with the U.S. spearheading adoption via advanced automation, EV manufacturing, and clean energy projects. Europe remains vital, particularly Germany and France, due to stringent efficiency norms and industrial modernization. Siemens and Bosch are key players. Emerging markets in the Middle East & Africa and Latin America—led by the UAE and Brazil—are gaining traction due to infrastructure growth, clean energy focus, and policy support, making them attractive frontiers for permanent magnet motor investments. Do you have any specific queries or need any customized research on Permanent Magnet Motor Market? Submit your inquiry here @ Recent Developments: In June 2025, ABB has introduced its compact, plug-and-play LV Titanium platform, combining an IE5 permanent magnet motor with an integrated VSD for ultra-premium efficiency in pumps, compressors, and other applications. In 18 Feb 2025, San Marcos-based Noveon Magnetics will supply 1,000 tons of recycled rare-earth magnets to Nidec Motor Corp. for industrial automation and defense applications over five years. USP FOR PERMANENT MAGNET MOTOR MARKET Technological Adoption Rate – helps you uncover innovation and investment Opportunities In Underpenetrated Segments Such As Iot-Enabled Motors, Axial Flux Designs, and advanced brushless DC motors for robotics and industrial automation. Application-Specific Deployment Analysis – helps you identify top-performing sectors like electric vehicles, drones, medical equipment, and HVAC systems that are accelerating the demand for compact, energy-efficient permanent magnet motors. Rare Earth Material Cost Index – helps you evaluate the impact of volatile pricing and supply risks associated with neodymium, samarium cobalt, and dysprosium, which significantly influence manufacturing costs and long-term procurement strategies. Capacity Utilization Rates – helps you assess overcapacity risks in Asia-Pacific (especially China) and underutilization in North America and Europe, offering insight into regional supply-demand balances and capital allocation. Market Innovation Index – helps you track disruptive trends like magnet-free synchronous reluctance motors, integrated drive systems, and additive manufacturing techniques reshaping motor design and performance. Supply Chain Disruption Index – helps you identify geopolitical and logistical threats in rare earth supply chains, with a focus on China's material dominance and emerging diversification strategies in the U.S., EU, and Australia. Environmental Compliance Metrics – helps you understand global regulatory pressures, such as efficiency mandates (IE4/IE5 classes) and material traceability rules, which are influencing design standards and green manufacturing practices. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.