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.

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.

Furthermore, numerous local dermatologist-owned professional startups specialized in cosmeceuticals have joined the market, driving the sector's growth by boosting demand for physician-dispensed cosmeceuticals among locals.

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.

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o 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)

o By Application – Hospital Pharmacy, Retail Pharmacy, Online Sales

    • Competitive Landscape: 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, and Obagi Cosmeceuticals LLC.

Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How players are addressing challenges to sustain growth?

    • Where is the investment opportunity?

Physician Dispensed Cosmeceuticals Market Report 

By Type

• Skin Care

o Anti-Ageing

o Sunscreens

o Other Skin Care Products

• Eye Care

o Eye Drops

o Other Eye Care Products

• Hair Care

o Hair Repair

o Anti-dandruff

o Other Hair care Products

By Application

• Hospital Pharmacy

• Retail Pharmacy

• Online Sales

By Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe 

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific 

Rest of the World

• Latin America 
• Middle East & Africa