Laser Resurfacing Devices Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Laser Resurfacing Devices Market Report Overview
The laser resurfacing devices market size is valued at $1 billion in 2023 and is forecast to grow at a CAGR of more than 3% during 2023 and 2033. Laser resurfacing devices include varying modalities used to treat aesthetic imperfections. Lasers are utilized to treat conditions such as crow’s-feet, discoloration from sun damage, aging signs, rough skin, skin texture irregularities, wrinkles, redness, brown spots, periorbital rhytides, scars, and hyperpigmentation. Laser resurfacing devices are mechanical photo-rejuvenating devices.
Laser Resurfacing Devices Market Overview 2023-2033 ($ Billion)
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The laser resurfacing devices market research report explains the market behavior, which will help identify quantitative market trends within the aesthetic devices therapeutic area. The model discusses in detail the impact of COVID-19 on the laser resurfacing devices in the market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $1 billion |
CAGR (2023-2033) | >3% |
Historical Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Regions | North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa |
Key Segments | Single Technology Laser Devices and Multi-Technology Combination Laser Devices |
Leading Companies | Candela Medical, Inc., Lumenis Be Ltd, Cutera Inc., Cynosure Inc., Solta Medical Inc., Lutronic Corp, and Alma Lasers |
Laser Resurfacing Devices Market Dynamics
The growing prevalence of dermatological diseases is the primary driver for the laser resurfacing devices market. Many diseases in the dermatology field are now indications for laser treatment that qualify for reimbursement by many national health insurance systems. Fractional lasers in general have reduced complication rates. This in turn maintains high degrees of patient satisfaction. Clinics have utilized fractional lasers to treat patients from a variety of ethnic backgrounds and diverse skin types. Increasing skin problems such as skin pigmentation, wrinkles, scars, and aging signs are driving demand for laser resurfacing procedures.
Laser Resurfacing Devices Market Segmentation by Regions
The key regions in the laser resurfacing devices market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, the European medical aesthetics market had the largest market share and is growing, due to the advancement of pain-free and noninvasive beauty treatments. Concerning laser resurfacing devices, the EU market generally reflects similar trends seen in the NA market, however, some countries in the region have more modest growth rates. The key revenue-generating economies in the region are France, Italy, Germany, Spain, and the United Kingdom
Laser Resurfacing Devices Market Analysis by Region
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Laser Resurfacing Devices Market Segmentation
The key segments in the laser resurfacing devices market are single-technology laser devices and multi-technology combination laser devices. In 2023, the single technology laser devices segment accounted for the highest market revenue. The single technology laser devices segment further is classified into CO2 laser devices, Er:YAG laser devices, and Q-switched laser devices.
Laser Resurfacing Devices Market Analysis by Segments, 2023 (%)
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Competitive Landscape
Some of the leading companies in the laser resurfacing devices market are Candela Medical, Inc., Lumenis Be Ltd, Cutera Inc., Cynosure Inc., Solta Medical Inc., Lutronic Corp, and Alma Lasers Ltd among others. Candela Medical, Inc. led the laser resurfacing devices market in 2023 in terms of revenue and share.
Laser Resurfacing Devices Market Analysis by Companies, 2023 (%)
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Key Segments Covered in this Report
Laser Resurfacing Devices Market Segments Outlook (Value, $Million, 2015-2033)
- Multi Technology Combination Laser Devices
- Laser Handpieces
- Platform Consoles
- Single Technology Laser Devices
- CO2 Laser Resurfacing Devices
- Er:YAG Laser Resurfacing Devices
- Q-Switched Laser Resurfacing Devices
Laser Resurfacing Devices Market Regional Outlook (Value, $Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
Key Inclusions of the market model are –
Currently marketed Laser Resurfacing Devices and evolving competitive landscape –
– Insightful review of the key industry trends.
– Annualized total Laser Resurfacing Devices market revenue by segment and market outlooks from 2015-2033.
– Granular data on the total installed base, units, average selling prices, and market values by segment.
Global, Regional, and Country level market-specific insights –
– Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
– SWOT analysis for the Laser Resurfacing Devices market.
– Competitive dynamics insights and trends provided for the Laser Resurfacing Devices market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
– Country-specific overview of the healthcare system.
– Country-specific reimbursement policies.
– Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Cutera Inc., Cynosure Inc., Candela Medical, Inc., Lumenis Be Ltd, Solta Medical Inc, Lutronic Corp, Alma Lasers Ltd, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total laser resurfacing devices market revenue by segment and market outlooks from 2015-2033.
- Granular data on the total installed base, units, average selling prices, and market values by segment.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the laser resurfacing devices market.
- Competitive dynamics insights and trends provided for the laser resurfacing devices market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the laser resurfacing devices market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the laser resurfacing devices market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the laser resurfacing devices market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific laser resurfacing devices market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Cynosure Inc
Candela Medical, Inc.
Lumenis Be Ltd
Solta Medical Inc
Lutronic Corp
Alma Lasers Ltd
Others.
Frequently asked questions
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What was the laser resurfacing devices market size in 2023?
The laser resurfacing devices market size was valued at $1 billion in 2023.
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What will be the laser resurfacing devices market CAGR for the forecast period 2023 to 2033?
The laser resurfacing devices market is forecast to grow at a CAGR of more than 3% during 2023 and 2033.
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Which region accounted for the highest share in the laser resurfacing devices market in 2023?
Europe accounted for the highest share in the laser resurfacing devices market in 2023.
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What segment accounted for the highest share in the laser resurfacing devices market in 2023?
The single technology laser devices segment accounted for the highest share in the laser resurfacing devices market in 2023.
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Which are the leading companies in the laser resurfacing devices market?
Some of the leading companies in the laser resurfacing devices market are Candela Medical, Inc., Lumenis Be Ltd, Cutera Inc., Cynosure Inc., Solta Medical Inc., Lutronic Corp, and Alma Lasers.
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