Global Dermatology Lasers Market
Medical Equipment

Dermatology Lasers Market Forecast 2023-2027 By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s dermatology lasers market report forecasts the dermatology lasers market size to grow to $2.68 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

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Dermatology Lasers Market Size Forecast
The global dermatology lasers market is expected to grow from $1.96 billion in 2022 to $2.07 billion in 2023 at a compound annual growth rate (CAGR) of 5.79%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global dermatology lasers market size is expected to reach $2.68 billion in 2027 at a CAGR of 6.65%.

North America held the largest dermatology lasers market share.

Key Dermatology Lasers Market Driver ­– Increase In The Incidences Of Skin Cancer
According to a report published in March 2022 by the International Agency for Research on Cancer, a cancer agency of the World Health Organisation based in France, approximately 1.5 million skin cancer cases were diagnosed worldwide in 2020, with 325 000 cases of melanoma. As a result, rising skin cancer rates are propelling the dermatological lasers market forward.

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Key Dermatology Lasers Market Trend – Technological Advancement
Companies in the dermatology lasers industry are embracing new technologies in order to maintain their market position. For example, in October 2021, Lutronic Corporation, a US-based medical equipment manufacturing business, introduced the ‘Derma V Dermatology Platform,’ which combines all of the major lasers used by skin experts on a regular basis into a single platform. Derma V technology includes a 1064nm laser with ICD cooling, IntelliTrack, and a 532nm green laser for the treatment of skin diseases such as skin rejuvenation, pigmentation, and vascular. IntelliTrack, Derma V’s revolutionary, contact-based speed detection technology, recognises handpiece movement intelligently, offering perfect coverage of the treatment area three times faster than other solutions. Furthermore, superior cryogen-based epidermal protection allows the operator to treat severe vascular lesions with the necessary energy and power, as well as work quickly and efficiently, while providing comfort without pressure sensitivity or contact gels.

Dermatology Lasers Market Segment
1) By Type: Gas Laser Machine, Semiconductor Laser Machine, Gem Laser Machine, Other Types
2) By Technology: Ablative Dermatology Lasers, Non-Ablative Dermatology Lasers
3) By Application: Therapeutic, Aesthetic, Other Applications
4) By End Users: Hospitals, Skin Care Clinics, Cosmetic Surgical Centres, Other End Users

Dermatology Lasers Market Major Players and Strategies
Major players in the dermatology lasers market are ALMA LASERS LTD, Lumenis Be Ltd, Cynosure Inc, Quanta System SpA, Candela Corporation, Beijing Sincoheren S&T Development Co Ltd, Koninklijke Philips N.V, Cutera Inc, CryoLife Inc., Canfield Scientific Inc., biolitec ® AG, IPG Photonics Corporation, Miracle Laser & Skin Care, IRIDEX Corporation and Syneron.

Vitruvian Partners LLP, a UK-based investment firm, purchased Fotona Holdings for an unknown sum in October 2021. Vitruvian Partners LLP intends to assist Fototna Holdings in expanding its company in Asia and the rest of the world by acquiring unique laser market capabilities. Fotona Holdings is a laser manufacturing firm established in Slovenia that creates lasers for a variety of industrial and medical uses.

The Dermatology Lasers Global Market Report 2023 covers regional data on dermatology lasers market size, dermatology lasers market trends and drivers, opportunities, strategies, and dermatology lasers market competitor analysis. The countries covered in the dermatology lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Dermatology lasers are light amplification devices that stimulate radiation emissions to treat skin disorders such as birthmarks, scars, and wrinkles. Lasers are used in dermatology to treat a variety of skin illnesses, pigmented lesions, skin resurfacing, tattoo removal, and skin rejuvenation.

View More Reports Related To The Dermatology Lasers Market –
Dermatology Devices Global Market Report 2023
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