Global dermatology lasers market is estimated to be valued at USD 3.51 Bn in 2024 and is expected to reach USD 5.80 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 3.51 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
7.40% |
2031 Value Projection: |
US$ 5.80 Bn |
Figure. Dermatology Lasers Market Share (%), By Region 2024
Dermatology lasers are widely used in various cosmetic procedures such as hair removal, tattoo removal, skin resurfacing and skin rejuvenation. These work by delivering concentrated beams of light onto the skin, which are then absorbed by particular chromophores within the skin. This energy is converted into heat that causes the targeted part of the skin to coagulate, shrink, or dissociate. This allows for safe and effective treatment of various dermatological conditions without extensive surgery. Technological advancements have led to the development of specialized lasers with fractional technology, efficient cooling systems and higher precision. This has expanded the scope of application of dermatology lasers in treating aging skin, scars, pigmentation issues and fine lines.
Market Dynamics:
Global dermatology lasers market growth is driven by growing geriatric population, increasing demand for non-invasive aesthetic procedures, and advantages of laser treatment such as reduced treatment sessions and minimal downtime. However, high costs of laser procedures, lack of reimbursement and limited availability of skilled professionals can hamper the market growth. Rising medical tourism industry in developing nations can offer lucrative opportunities for the market growth. Technological advancements leading to compact portable devices, hybrid systems and fractional technology integration into existing lasers can drive the market growth during the forecast period.
Key Features of the Study:
- This report provides in-depth analysis of the global dermatology lasers market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global dermatology lasers market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Syneron Candela, Alma Lasers, Cutera, Cynosure, Lumenis and others
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global dermatology lasers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global dermatology lasers market
Detailed Segmentation
- By Device Type:
- Surgical Laser
- Vascular Lasers
- By Application
- Skin Diseases Cure
- Beauty & Cosmetic
- By Technology
- Ablative Lasers
- Non-Ablative Lasers
- By End User
- Hospitals
- Dermatology Clinics
- Laser/Cosmetic Clinics
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- Cutera
- Cynosure, Inc.
- Lumenis
- Syneron Medical Ltd.
- Aerolase Corporation
- Sciton, Inc.
- SharpLight Technologies Inc.
- Fotona d.o.o.
- Solta Medical, Inc.
- Lynton Lasers Ltd
- Quanta System SpA
- Venus Concept
- Ellex Medical Lasers Ltdje
- Asclepion Laser Technologies GmbH
- Beijing Toplaser Technology Co, Ltd.
- BISON Medical Co., Ltd.