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Dermatology lasers have become one of the most important parts of the dermatologist’s tools for the treatment of skin diseases. Factors such as an increase in the incidences of skin cancer, expansion of research in cosmetology, and rising awareness about advanced cosmetic dermatology procedures such as dermabrasion to remove surgical scars and acne scars are boosting the growth of the market. According to the World Health Organization (WHO), it is anticipated that one in every three cancers diagnosed is skin cancer and around 3 million non-melanoma skin cancers and about 130,000 melanoma skin cancers occur globally every year.
The dermatology lasers have many applications such as hair removal, tattoo removal, and skin resurfacing. In addition to their numerous aesthetic applications, lasers have proven to be efficient in treating both primary skin diseases and cutaneous malignancies. The growing number of applications of dermatology lasers has encouraged manufacturers to develop new laser equipment for the treatment of autoimmune diseases such as psoriasis, vitiligo, and alopecia areata. The equipment with low-intensity laser can also be used for wound healing. Lasers can be guided to aim at target cells without disturbing the near cells. Depending on the use a range of lasers can be used in dermatology, such as Q-switch Nd: YAG, carbon dioxide, argon, ruby, dye and metal vapour lasers etc.
Key Market Driver -
Growing demand for aesthetic procedures and increasing spending capacity
Key Market Restraint -
Lack of physical and mental stability of patients during the treatments is likely to hinder the market growth
Growing desire to look better among the people is an important factor boosting the growth of the global dermatology lasers market. Furthermore, unhealthy lifestyle, rising environmental pollution, increase in UV- rays incident, growing prevalence of hair-related problems, prevalence of skin diseases, and efficient and successful results of lasers with minimum side effects. Moreover, rise in demand for minimally invasive procedures and growing adoption of technologically advanced surgeries are projected to boost the growth of the global dermatology lasers market during the forecast period.
However, the high cost of the treatment and concerns regarding safety and versatility of the dermatology lasers is likely to obstruct the growth of the global skin lasers market during the forecast period.
Globally, the dermatology laser market can be segmented on the basis of type, applications, end-users, and region. Based on the type, the market can be segmented into gаѕ lаѕеr mасhіnе, ѕеmісоnduсtоr lаѕеr machine, and gem lаѕеr machine. Based on the applications the market can be segmented into therapeutic and aesthetic. Based on the end-users the market can be segmented into hospitals, skin care clinics, and cosmetic surgical centres.
Geographically, the dermatology laser market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Some of the major companies that are present in the dermatology laser market are Alma Lasers, Lumenis, CYNOSURE, Miracle Laser & Skin Care, CANDELA CORPORATION, Focus Technology Co., Ltd., SINCOHEREN, Fotona, Alcon Vision LLC, IRIDEX Corporation and other prominent players.
Geographically, the dermatology laser market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North American region is likely to hold the largest share of the market and is anticipated to continue the dominance throughout the forecast period. This growth of the market can be attributed to the rising awareness regarding signs of ageing & aesthetic desires, an unhealthy lifestyle, the prevalence of skin cancer, etc. Europe is projected to be the second largest market throughout the forecast period. The adoption of dermatology laser to improve aesthetic looks and rise in skin diseases in this region are likely to boost the growth of the market in this region.
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However, the market in Asia-Pacific region is projected to expand at high growth rate due to increasing medical tourism, lower therapy cost, the notable rise in a number of the dermatologist, and increase in disposable income in this region. Technological advancements and adoption of minimally invasive surgeries are anticipated to provide a lucrative opportunity for market growth. The market in Latin America and the Middle East and Africa are expected to grow moderately in the forecast period.
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