Global Laser Resurfacing Market, By Type (Ablative, Non-Ablative), Device (Laser Skin Resurfacing Machine, CO2 Skin Laser Scanner Machine, Others), End User (Hospitals, Cosmetic Surgery Centers/Clinics, Multi-Specialty Centers), Indication (Facial Wrinkles, Acne Scars), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
The laser resurfacing market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 484.99 million and grow at a CAGR of 6.65% in the above-mentioned forecast period. Rising number of cosmetic procedures during the past decade drives the laser resurfacing market.
Laser resurfacing is also termed as laser vaporization, laser peel, or lasabrasion, which is used for the treatment of skin problems such as facial wrinkles and acne scars. It is also used for the removal of skin layer by layer and are of two types namely ablative and non-ablative. Non-ablative laser resurfacing includes fractional laser, infrared lasers, high impact light sources, and others.
Rising skin problems such as acne, wrinkles, skin pigmentation is the vital factor escalating the market growth, also growing demand for minimally invasive medical procedures, rising expenditure on the medical devices and instruments, rising prevalence of technological advancements and extremely effective devices, increasing acceptance of these devices as they are non-invasive, rising awareness regarding cosmetic lasers and increasing advancements in field of lasers and are the major factors among others driving the laser resurfacing market. Moreover, rising technological advancements and modernization in the procedures used, rising research and development activities in the healthcare sector and rising emerging markets will further create new opportunities for laser resurfacing market in the forecasted period of 2021-2028.
However, increasing cost associated with these procedures is the major factor among others which will obstruct the market growth, and will further challenge the growth of laser resurfacing market in the forecast period mentioned above.
The laser resurfacing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the laser resurfacing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Laser Resurfacing Market Scope and Market Size
The laser resurfacing market is segmented on the basis of type, device, end-user and indication. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the laser resurfacing market is segmented into ablative and non-ablative.
- Based on device, the laser resurfacing market is segmented into laser skin resurfacing machine, CO2 skin laser scanner machine and others.
- Based on end user, the laser resurfacing market is segmented into hospitals, cosmetic surgery centers/clinics and multi-specialty centers.
- The laser resurfacing market is also segmented on the basis of indication into facial wrinkles and acne scars.
Laser Resurfacing Market Country Level Analysis
The laser resurfacing market is analysed and market size insights and trends are provided by country, type, device, end-user and indication as referenced above.
The countries covered in the laser resurfacing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the laser resurfacing market due to rising adoption of technologically advanced devices and presence of major market players, growing demand for minimally invasive medical procedures and rising expenditure on the medical devices and instruments in this region. Asia-Pacific is the expected region in terms of growth in laser resurfacing market due to rising demand for laser and energy devices, rising awareness among consumers, and extensive availability of innovative products offering better solutions to the consumers at marginally lower costs in this region.
The country section of the laser resurfacing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The laser resurfacing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for laser resurfacing market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the laser resurfacing market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Laser Resurfacing Market Share Analysis
The laser resurfacing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laser resurfacing market.
The major players covered in the laser resurfacing market report are Alma Lasers, Altair Instruments, Lumenis, Lynton Lasers Ltd, Cutera, Aarvam Medical Systems, Cynosure, Candela Medical, LUTRONIC, Quanta System and Sciton, Inc, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.