Global Dermatology Lasers Market, By Device Type (Surgical Lasers and Vascular Lasers), Product Type (Pulse Dye Lasers, Solid-State Lasers and Gas Lasers), Technology (Ablative Lasers and Non-Ablative Lasers), Application (Hair Removal, Facial Rejuvenation, Tattoo Removal, Scar Treatment, Skin Cancer, Psoriasis, Vitiligo, Varicose Veins, Actinic Keratosis, Wound Treatment and Others), End User (Hospital, Ambulatory Surgical Centres and Dermatology and Cosmetic Clinics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, 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
Market Analysis and Insights: Global Dermatology Lasers Market
Data Bridge Market Research analyses that the dermatology lasers market will exhibit a CAGR of around 5.11% for the forecast period of 2021-2028. Rising prevalence of skin related disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, ever-rising geriatric population and rising expenditure for the development of healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of dermatology lasers market. Therefore, the dermatology lasers market value, which was USD 2006.22 million in 2020, will rocket up to USD 2989.03 million by 2028.
Laser technologies are being excessively used in a wide range of healthcare applications. One such application is dermatology. From the name itself, it is clear that dermatology lasers are the medical devices that are used that are used for the treatment of various skin related diseases. Dermatology lasers are used to tackle skin structure, and diseases or concerns related to cosmetic issues.
Upsurge in the demand for minimally invasive cosmetic procedures is one of the major factors fostering the growth of the market. Surging advancements in the laser technology coupled with growing awareness about aesthetic procedures is another market growth determinant. Growing self-consciousness about facial appearance and rising medical tourism are other important factors that will further generate lucrative market growth opportunities.
However, improper and unfavourable reimbursement scenario in the developing and underdeveloped economies will derail the market growth rate. Also, high costs associated with the procedure will further pose challenges for the market. Large scale availability of alternative procedures and treatment will also hamper the market growth rate.
This dermatology lasers 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 dermatology lasers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dermatology Lasers Market Scope and Market Size
The dermatology lasers market is segmented on the basis of device type, product type, technology, application and end user. 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.
- Based on device type, the dermatology lasers market is segmented into surgical lasers and vascular lasers.
- On the basis of product type, the dermatology lasers market is segmented into pulse dye lasers, solid-state lasers and gas lasers.
- On the basis of technology, the dermatology lasers market is segmented into ablative lasers and non-ablative lasers.
- On the basis of application, the dermatology lasers market is segmented into hair removal, facial rejuvenation, tattoo removal, scar treatment, skin cancer, psoriasis, vitiligo, varicose veins, actinic keratosis, wound treatment and others.
- On the basis of end user, the dermatology lasers market is segmented into hospital, ambulatory surgical centres and dermatology and cosmetic clinics.
Dermatology Lasers Market Country Level Analysis
The dermatology lasers market is analysed and market size insights and trends are provided by country, device type, product type, technology, application and end user as referenced above.
The countries covered in the dermatology lasers 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 dermatology lasers market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the presence of a number of the increasing prevalence of skin cancer and other skin diseases. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the rising research and development proficiencies.
The country section of the dermatology lasers 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 dermatology lasers market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for dermatology lasers market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the dermatology lasers market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Dermatology Lasers Market Share Analysis
The dermatology lasers 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 dermatology lasers market.
The major players covered in the dermatology lasers market report are Cutera., Cynosure, IPG Photonics Corporation, biolitec AG, Alma Lasers, Abbott, Boston Scientific Corporation, Quanta System., Koninklijke Philips N.V., Spectranetics, Fotona, CryoLife, Inc., Ellex Medical, Danaher, Carl Zeiss AG, Bausch Health Companies Inc., Candela Corporation, Canfield Scientific, Inc., and Shenzhen Mindray Bio-Medical Electronics Co., Ltd. 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.
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