Revolutionizing Skin Care: Dermatology Lasers Market Witnesses Exponential Growth Amidst Focus on Beauty, Health, and Well-being – Says RationalStat

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The global dermatology market is expected to reach US$ 2,548.1 million by 2030, with an annual growth rate of more than 7.3%.

Wilmington, Delaware, Nov. 17, 2023 (GLOBE NEWSWIRE) — According to RationalStat’s most recent industry analysis, the Global Dermatology Lasers Market value is estimated at US$ 1,553.7 million in 2023 and is expected to rise at a strong CAGR of over 7.3% over the forecast period of 2023-2030.


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Market Definition, Market Scope, and Report Overview                                                              

Dermatology lasers are medical lasers that are specifically intended for dermatological applications such as skin treatments and cosmetic surgeries. Dermatologists and other healthcare professionals utilize these lasers to treat a variety of skin disorders, including pigmentation abnormalities, vascular lesions, scars, wrinkles, and unwanted hair.

The global aging population has resulted in an increase in age-related skin issues such as wrinkles, fine lines, and age spots. Dermatology lasers offer excellent treatments for these problems, which contributes to their global demand.

According to a deep-dive market assessment by RationalStat, the global Dermatology Lasers market has been analyzed on the basis of market segments, including type, technology, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

  • Market intelligence for the global Dermatology Lasers market covers market sizes on the basis of market value (US$/EUR Million) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
  • In addition, the long-term sector and products/services 10-year outlook and its implications on the global Dermatology Lasers market. It also includes the industry’s current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Dermatology Lasers Market: Segmental and Market Share Analysis

  • On the basis of type, solid state dermatology laser segment is anticipated to dominate the global dermatology lasers market. It may easily contact deep skin tissues such as big blood arteries and vascular lesions, making them excellent choice for complicated treatments.

Report Synopsis

Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 1,553.7 million
Market Size Forecast US$ 2,548.1 million
Growth Rate 7.3%
Dominant Segment Solid state dermatology laser
Dominant Region North America
Key Market Drivers
  • Prevalence of skin disorders
  • Increasing awareness and education
  • Rising disposable income
Companies Profiled
  • Cynosure, Pvt Ltd.
  • IPG Photonics Corporation
  • Biolitec Pvt Ltd.
  • ALMA LASERS LTD.
  • Abbott Laboratories Ltd.
  • Boston Scientific Corporation
  • Quanta System., Pvt Ltd.
  • Koninklijke Philips N.V., Ltd.
  • Spectranetics, Ltd.

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global dermatology lasers market include.

  • In August 2021, STRATA Skin Sciences, Inc. a medical technology company committed to creating, commercializing, and marketing breakthrough solutions for the treatment of dermatologic disorders, announced today the purchase of Ra Medical’s U.S. dermatology business.

Some of the prominent players and suppliers operating and contributing significantly to the global dermatology lasers market growth include Cynosure, Pvt Ltd., IPG Photonics Corporation, Biolitec Pvt Ltd., ALMA LASERS LTD., Abbott Laboratories Ltd., Boston Scientific Corporation, Quanta System., Pvt Ltd., Koninklijke Philips N.V., Ltd., and Spectranetics, Ltd., among others.

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RationalStat has segmented the global dermatology lasers market based on type, technology, application and region

  • Global Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Type
    • Solid-state Dermatology Lasers
    • Gas Dermatology Lasers
    • Pulsed Dye Dermatology Lasers
  • Global Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Technology
    • Ablative Lasers
    • Non-ablative Lasers
  • Global Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Application
    • Hair Removal
    • Facial Rejuvenation
    • Tattoo Removal
    • Scar Treatment
    • Skin Cancer
    • Others
  • Global Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Region
    • North America Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Country
      • US
      • Canada
    • Latin America Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Country
      • Brazil
      • Mexico
      • Rest of Latin America
    • Western Europe Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Country
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Country
      • Russia
      • Poland
      • Hungary
      • Other CIS Countries
      • Rest of Eastern Europe
    • Asia Pacific Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Country
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • ASEAN
        • Indonesia
        • Thailand
        • Philippines
        • Vietnam
        • Malaysia
        • Rest of ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa Dermatology Lasers Market Value (US$ Million), and Market Share (2019-2030) Analysis by Country
      • GCC
        • Saudi Arabia (KSA)
        • United Arab Emirates (UAE)
        • Rest of the GCC
      • South Africa
      • Nigeria
      • Turkey
      • Rest of the Middle East & Africa

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Key Questions Answered in the Dermatology Lasers Report:

  • What will be the market value of the global Dermatology Lasers market by 2030?
  • What is the market size of the global Dermatology Lasers market?
  • What are the market drivers of the global Dermatology Lasers market?
  • What are the key trends in the global Dermatology Lasers market?
  • Which is the leading region in the global Dermatology Lasers market?
  • What are the major companies operating in the global Dermatology Lasers market?
  • What are the market shares by key segments in the global Dermatology Lasers market?  

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

  • Defining the problem by understanding the type of market and data required by the client.
  • Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
  • Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
  • Evaluating and analyzing the data by referring to data sources utilized and leveraged.
  • Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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About RationalStat LLC                    

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

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