Surface Laser Devices Market Report Overview
The laser resurfacing devices market size is valued at USD 1 billion in 2023 and is projected to grow at a CAGR of over 3% during 2023 and 2033. Laser resurfacing devices include various methods used to address cosmetic imperfections. Lasers are used to treat conditions such as crow’s feet, discoloration from sun damage, signs of aging, rough skin, skin texture abnormalities, wrinkles, redness, brown spots, periorbital wrinkles, scars and hyperpigmentation. Laser resurfacing devices are mechanical photorejuvenation devices.
Buy laser devices Overview 2023-2033 ($Bn)
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Laser Resurfacing Devices Market research report explains the market behavior which will help to identify quantitative market trends in the therapeutic sector of Aesthetic Devices. The model examines in detail the impact of COVID-19 on the laser resurfacing devices market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help identify companies with the strongest pipeline. This, in turn, will help in predictive analytics to design in-licensing and out-licensing strategies.
Market size (2023) | 1 billion dollars |
CAGR (2023-2033) | >3% |
Historical Period | 2015-2022 |
Prognostic period | 2023-2033 |
Key Regions | North America, Europe, Asia Pacific, South Central America and Middle East and Africa |
Basic Departments | Single technology laser devices and multi-technology combination laser devices |
Top 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 increasing prevalence of dermatological conditions is the major driver for the laser device market. Many diseases in the field of dermatology are now indications for laser treatment that qualify for reimbursement by many national health insurance systems. Fractional lasers generally have reduced complication rates. This in turn maintains high levels of patient satisfaction. Clinics have used fractional lasers to treat patients from a variety of ethnic backgrounds and different skin types. Increasing skin problems such as skin pigmentation, wrinkles, scars and signs of aging are increasing the demand for laser resurfacing procedures.
Laser Devices Market Segmentation by Region
The key regions in the laser resurfacing device market are North America, Europe, Asia Pacific, South Central America and Middle East & Africa. In 2023, the European medical aesthetics market held the largest market share and is growing, owing to the advancement of painless and non-invasive beauty treatments. In terms of 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 main revenue generating economies in the region are France, Italy, Germany, Spain and the United Kingdom
Laser Devices Market Analysis by Region
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Laser Devices Market Segmentation
The key segments in the laser resurfacing device market are single technology laser devices and multi-technology laser combination devices. In 2023, the single technology laser device industry accounted for the highest revenue in the market. The single technology laser devices segment is further classified into CO2 laser devices, Er:YAG laser devices, and Q-switched laser devices.
Laser Devices Market Analysis by Segments, 2023 (%)
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Competitive landscape
Some of the leading companies in the laser resurfacing device 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 Laser Resurfacing Devices market in 2023 in terms of revenue and share.
Laser Devices Market Analysis by Companies, 2023 (%)
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Key segments covered in this Report
Laser Restoring Devices Market Segment Outlook (Value, $ Million, 2015-2033)
- Multi-technology laser devices
- Laser Handpieces
- Platform consoles
- Single Technology Laser Devices
- CO2 laser resurfacing devices
- Er:YAG Laser Resurfacing Devices
- Q-switched laser reset devices
Laser Resurfacing Devices Market Regional Outlook (Value, $M, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East and Africa
The key elements of the market model are:
Laser Resurfacing Devices Marketed Today and Evolving Competitive Landscape –
– Insightful review of key industry trends.
– Annual total Laser Resurfacing Devices market revenue by segment and market outlook for the period 2015-2033.
– Breakdown of total installed base, units, average sales prices and market values by segment.
Global, regional and national market information –
– Quality market insights are available, with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific market insights.
– SWOT analysis for Laser Resurfacing Devices market.
– Insights and trends are provided regarding the competitive dynamics of the Laser Resurfacing Devices market.
Drive market understanding by getting the real big picture, including an overview of the healthcare system. Additionally, the Market Access section allows you to delve into market dynamics with information on reimbursement policies and the regulatory landscape.
– Overview of the health care system by country.
– Compensation policies by country.
– Medtech regulatory landscape for the country.
Strong methodologies and sources enable the model to provide a comprehensive and accurate market overview. Primary demand and supply side sources are built into the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to identify market trends. These include state process 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.
Field of application
This report provides:
- Insightful review of key industry trends.
- Annual total laser resurfacing devices sales revenue by segment and market outlook for the period 2015-2033.
- Detailed data on total installed base, units, average sales prices and market values by segment.
- Market information at global, regional and country levels, including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific market insights.
- SWOT Analysis of Laser Resurfacing Devices Market.
- Information and competitive dynamics trends are provided for the Laser Resurfacing Devices market.
- Overview of the health care system by country.
- Reimbursement policies by country.
- Medtech regulatory landscape for the country.
Reasons to buy
The model will allow you to:
- Understand the impact of COVID-19 on the laser resurfacing device market.
- Develop and plan in-licensing and out-licensing strategies through a review of pipeline products and technologies and identifying companies with the strongest pipeline.
- Develop business strategies by understanding the trends shaping and driving the Laser Devices market.
- Increase revenue by understanding the key trends, innovative products and technologies, market segments, and companies that may impact the Laser Resurfacing Devices market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain competitive advantage.
- Track device sales in the global laser resurfacing device market from 2015 to 2033.
- Organize your sales and marketing efforts by identifying the categories and market segments that present the greatest opportunities for integrations, investments and strategic partnerships.