The dermatology medical lasers market size is expected to see rapid growth in the next few years. It will grow to <b>$8.07 billion in 2028 at a compound annual growth rate (CAGR) of 17.4%. </b> 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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Segmentation & Regional Insights
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
<b>North America</b> was the largest region in the dermatology medical lasers market in 2023. <b>Asia-Pacific</b> was the second-largest region in the dermatology medical lasers market report. The regions covered in the dermatology medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the dermatology medical lasers market include <b> Cynosure Inc., Peninsula, Miracle Laser, Syneron, Shenzhen GSD, Sincoheren, Fotona, Alma Lasers Ltd., Cutera Inc., SemiNex Corporation, Valeant Pharmaceuticals International Inc., Asclepion Laser Technologies GmbH, Biolitec AG, Boston Scientific Corporation, Candela Medical Corporation, DEKA Research & Development Corporation, DermaQuip, DermaSweep, DermTech, Dominion Aesthetic Technologies, GymnaUniphy, Hologic Inc., IPG Photonics Corporation, Lumenis Ltd., Milesman, Quanta System S.p.A., Sciton Inc., Sharplight Technologies, Solta Medical Inc., Thermi, Venus Concept Ltd., Viora Ltd., Zimmer MedizinSysteme GmbH, Zeltiq Aesthetics Inc. </b>
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