Global Nonablative Laser Resurfacing Devices Market, By Type (Nonablative fractionated lasers, Nonablative nonfractionated lasers), Technology (Infrared lasers, Fractional laser, High impact light sources, Radiofrequency devices), End-use (Facial and extra-facial wrinkles, Acne scars, surgical/traumatic scars, Melasma, Skin Texture, Discoloration) – Industry Trends and Forecast to 2029.
Nonablative Laser Resurfacing Devices Market Analysis and Size
The global nonablative laser resurfacing devices market size is expected to register a significant CAGR during the forecast period 2022 to 2029. Rising skin damage rates and changing lifestyles are other factors driving the market for cosmetic lasers and energy goods. Due to crucial characteristics like ease of use and reduced time requirements, laser technologies are becoming more and more popular. This significantly impacts how widely used they are in home care services.
Data Bridge Market Research analyses that the nonablative laser resurfacing devices market which was USD 2056.97 million in 2021, would rocket up to USD 3507.92 million by 2029, and is expected to undergo a CAGR of 6.90% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Nonablative fractionated lasers, Nonablative nonfractionated lasers), Technology (Infrared lasers, Fractional laser, High impact light sources, Radiofrequency devices), End-use (Facial and extra-facial wrinkles, Acne scars, surgical / traumatic scars, Melasma, Skin Texture, Discoloration)
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Countries Covered
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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
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Market Players Covered
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Lumenis Be Ltd. (Israel), Alma Lasers (Israel), Cynosure, Inc. (U.S.), Valeant Pharmaceuticals (Canada), Beijing HONKON Technologies Co., Ltd. (China), Shanghai Omnilm Skinology Co., ltd. (China), Altair Instruments (U.S.), Quanta System S.p.A (Italy), Cutera (U.S.), Sciton (U.S.), Lynton Lasers Ltd (U.K.), Lutronic (South Korea), Aarvam Medical Systems (India)
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Market Opportunities
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Market Definition
Laser resurfacing is also known as lasabrasion, laser peel, or laser vaporization and is used for the treatment of various skin problems such as facial wrinkles and scarring. Vascular lasers, radiofrequency, photodynamic treatment, infrared lasers and light sources, and fractional nonablative lasers are the modalities utilised for nonablative skin resurfacing.
Global Nonablative Laser Resurfacing Devices Market Dynamics
Drivers
- Rise in number of surgeries
The market for nonablative laser resurfacing is anticipated to grow during the forecast period due to the rise in cosmetic surgery demand over the past ten years and developments in the skin resurfacing field that enable quicker healing while reducing patient side effects and downtime. Additionally, many technological developments, including integrating radiofrequency lasers into routine therapeutic procedures, enable them to treat a greater number of patients with a variety of skin types and diseases.
- Technological developments
Over the past few decades, cosmetic surgery has dramatically increased. New competitors are entering the market with superior new technologies and methods than the old ones. In addition, a large portion of the market's population is aware of the numerous technologies and methods that are available. Additionally, they are able to treat more patients with a variety of skin types and diseases because to technology advancements including the integration of radiofrequency lasers into routine therapeutic procedures.
Opportunities
The nonablative laser resurfacing devices market's growth is fuelled by due to the rise in cosmetic surgery demand over the past ten years and developments in the skin resurfacing field that enable quicker recovery while reducing adverse effects for patients and procedure downtime. This will provide beneficial opportunities for the nonablative laser resurfacing devices market growth.
Restraints/Challenges
- High cost
On the other hand, the high cost associated with drug development and distribution will obstruct the market's growth rate. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the nonablative laser resurfacing devices market.
This nonablative laser resurfacing devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 nonablative laser resurfacing devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Nonablative Laser Resurfacing Devices Market
COVID-19 has also sparked an economic devastation, along with the healthcare crisis. The pandemic has strained the world's healthcare system, and affluent nations are predicted to experience an economic downturn. A 50% to 70% decrease in revenue since March is attributable to the pandemic's negative effects on the healthcare sector. Numerous small clinics, hospitals, and nursing homes were compelled to close. Additionally, regional curfews and social isolation have delayed elective surgical treatments. Additionally, visa revocations have halted medical travel and may have a detrimental effect on the expansion of the healthcare services sector.
Global Nonablative Laser Resurfacing Devices Market Scope
The nonablative laser resurfacing devices market is segmented on the basis of type, technology and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Nonablative fractionated lasers
- Nonablative nonfractionated lasers
Technology
- Infrared lasers
- Fractional laser
- High impact light sources
- Radiofrequency devices
End-use
- Facial and extra-facial wrinkles
- Acne scars
- Surgical/traumatic scars
- Melasma
- Skin Texture
- Discoloration
Nonablative Laser Resurfacing Devices Market Regional Analysis/Insights
The nonablative laser resurfacing devices market is analysed and market size insights and trends are provided by country, type, technology and end-use as referenced above.
The countries covered in the nonablative laser resurfacing devices 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 nonablative laser resurfacing devices market owing to high disposable income and availability of latest technologies in the market.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to incresing number of women going under the knife.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 nonablative laser resurfacing devices 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 nonablative laser resurfacing devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the nonablative laser resurfacing devices market. The data is available for historic period 2010-2020.
Competitive Landscape and Nonablative Laser Resurfacing Devices Market Share Analysis
The nonablative laser resurfacing devices 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 nonablative laser resurfacing devices market.
Some of the major players operating in the nonablative laser resurfacing devices market are:
- Lumenis Be Ltd. (Israel)
- Alma Lasers (Israel)
- Cynosure, Inc. (U.S.)
- Valeant Pharmaceuticals (Canada)
- Beijing HONKON Technologies Co., Ltd. (China)
- Shanghai Omnilm Skinology Co., ltd. (China)
- Altair Instruments (U.S.)
- Quanta System S.p.A (Italy)
- Cutera (U.S.)
- Sciton (U.S.)
- Lynton Lasers Ltd (U.K.)
- Lutronic (South Korea)
- Aarvam Medical Systems (India)
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