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Dermatology Medical Lasers Market Estimated Size, Share, Growth Rate, Trends And Outlook By 2033
Dermatology Medical Lasers Market Analysis
The Business Research Company's Dermatology Medical Lasers Global Market Report 2024 identifies growing demand for cosmetic procedures as the major driver for the dermatology medical lasers market's growth in the forecast period. 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.
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 growing 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.
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Major competitors in the dermatology medical lasers market are Cynosure Inc., Peninsula, Miracle Laser, Syneron, Shenzhen GSD, Sincoheren, Fotona, Alma Lasers Ltd., Cutera Inc., SemiNex Corporation.
A key trend in the dermatology medical lasers market includes growing adoption of picosecond lasers beyond tattoo removal in dermatology. Companies are increasingly investing in Picosecond Lasers for skin treatments other than tattoo removal as they have found their use in the treatment of acne, skin lightening, and skin tightening. For instance, in January 2021, LASEROPTEK Co Ltd received FDA 510(k) clearance for its next-generation PicoLO Premium Picosecond ND: YAG Laser. Therefore, the use of picosecond lasers in dermatological processes is expected to be the new trend in the dermatology medical lasers market.
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The dermatology medical lasers market 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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the dermatology medical lasers market.
The Business Research Company's "Global Dermatology Medical Lasers Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Dermatology Medical Lasers Market Include:
1. Executive Summary
2. Dermatology Medical Lasers Market Characteristics
3. Dermatology Medical Lasers Market Trends And Strategies
4. Dermatology Medical Lasers Market - Macro Economic Scenario
5. Global Dermatology Medical Lasers Market Size and Growth
…….
31. Global Dermatology Medical Lasers Market Competitive Benchmarking
32. Global Dermatology Medical Lasers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Dermatology Medical Lasers Market
34. Dermatology Medical Lasers Market Future Outlook and Potential Analysis
35. Appendix
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