Press release
Photorejuvenation Industry to Witness Massive Growth (2024-2031) | Lumenis, Hologic Inc & Syneron Medical Ltd.
The photorejuvenation market is expanding at a CAGR of 7.2% from 2024 to 2031.Photorejuvenation is a skin treatment utilizing lasers, intense pulsed light, or photodynamic therapy to address photoaging effects like wrinkles, spots, and uneven texture. By creating controlled wounds on the skin, the procedure stimulates natural healing and cell regeneration. It is a popular alternative to costly plastic surgery and is widely used for various skin conditions.
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Market Trends:
The growing burden of skin diseases is expected to drive the market growth in the forecast period
The increasing prevalence of skin diseases and a growing preference for non-invasive procedures are key drivers of the photorejuvenation market. Skin disorders, which accounted for approximately 1.76% of the global disease burden in 2017, become more common with age due to factors like changes in connective tissue and reduced skin elasticity. Additionally, the rising popularity of treatments for tattoos, hair removal, and wrinkle reduction has spurred demand for aesthetic devices in dermatology clinics. This trend has significantly boosted the market for laser, intense pulsed light (IPL), and LED devices.
Market Segmentation:
By Product: Intense Pulsed Light, LED Equipment, Laser Equipment.
By Modality: Standalone, Portable.
By End-User: Hospitals, Dermatology Clinics, Home Care Settings, Others.
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Competitive Landscape:
• Hologic Inc.
• Lumenis
• Syneron Medical Ltd.
• Lynton Lasers Ltd
• EL.EN. S.p.A. (Deka Mela S.r.l.)
• Fotona
• Cutera, Inc.
• Lutronic Corporation,
• Beijing Nubway S & T Co., Ltd
• Venus Concept
Regional Analysis:
The global Photorejuvenation Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Photorejuvenation Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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