The Dermatology Medical Lasers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Dermatology Medical Lasers Global Market Report 2024, The dermatology medical lasers market size has grown rapidly in recent years. It will grow from $3.58 billion in 2023 to $4.24 billion in 2024 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to groeing tattoo removals, growing emphasis on aesthetic and anti-aging treatments, rising prevalence of skin diseases, increasing awareness of dermatology medical lasers, growing focus on preventive skincare.
The dermatology medical lasers market size is expected to see rapid growth in the next few years. It will grow to $8.07 billion in 2028 at a compound annual growth rate (CAGR) of 17.4%. The growth in the forecast period can be attributed to non-invasive fat reduction, combination therapies, aging population, expansion of skin care services, increasing uv radiation and pollution. Major trends in the forecast period include ai-enhanced treatment planning, fractional laser resurfacing, eco-friendly and sustainable lasers, personalized treatment plans.
The growing demand for cosmetic procedures is expected to drive the dermatology medical lasers market. There has been an increase in the number of people opting for cosmetic procedures to enhance the appearance levels and treatment of defects on the skin. For instance, in February 2022, according to the American Academy of Facial Plastic and Reconstructive Surgery Inc. (AAFPRS), a US-based medical organization dedicated to facial plastic and reconstructive surgeries, the number of surgical and nonsurgical facial plastic surgery treatments performed in 2021 grew by 40% as compared to 2020. In 2021, roughly 1.4 million surgical and nonsurgical procedures were performed. Hence, the growing demand for cosmetic procedures among users aids in the growth of the dermatology medical lasers market.
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The dermatology medical lasers market covered in this report is segmented –
1) By Device: Surgical Lasers; Vascular Lasers
2) By Application: Cancer; Hair Removal; Tattoo Removal; Resurfacing; Other Applications
3) By End-users: Hospitals; Skin Care Clinics; Cosmetic Surgical Centres
The dermatology medical lasers market report table of contents includes:
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Top Major Players
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