iS Skin Source 2022 Q1 | Page 64

Bringing

Cosmeceuticals into the Practice

As a board-certified dermatologist who treats and addresses a variety of skincare concerns , offering cosmeceutical products has added a unique dimension to the business side of the practice as well as to the provision of patient care .

by Dr . Alpesh Desai

In nearly the past two decades , cosmeceuticals and the nonprescription skin care business has grown rapidly , with a growth rate of 5.25 % in 2019 and sales reaching billions of dollars annually . Skincare is the largest category of the global cosmetic industry , accounting for approximately 36 percent of the global market in 2016 . The beauty counters of department stores and pharmacies regularly undergo expansions and remodeling to accommodate the ever-growing number of available products . As a board-certified dermatologist who treats and addresses a variety of skin care concerns , offering cosmeceutical products has added a unique dimension to the business side of the practice as well as to the provision of patient care . It has been a way

64 iS Skin Source