Photorejuvenation Equipment Market – Global Industry Analysis and Forecast (2023-2029)

Global Photorejuvenation Equipment Market size was valued at US$ 2.16 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.4% through 2023 to 2029, reaching nearly US$ 3.35 Bn.

Photorejuvenation Equipment Market Overview:

Light and laser therapy are used in photorejuvenation to rejuvenate the skin and give it a smoother, younger appearance. IPL and LED are the two types of broadband light used in photorejuvenation procedures. Both penetrate deep into the skin to activate dormant skin cells and promote the growth of new collagen and elastin. Intense Pulsed Light (IPL), Laser Equipment, Non-ablative Fractional Laser, and LED Equipment are the types of the photorejuvenation equipment.Photorejuvenation Equipment MarketTo Know About The Research Methodology :- Request Free Sample Report

Photorejuvenation Equipment Market Dynamics:

The rising frequency of skin illnesses drives the demand for photorejuvenation equipment, which drives the market forward. In addition, as people become more aware of non-invasive treatments that have fewer adverse effects than other surgical procedures, non-invasive photorejuvenation devices are becoming more popular. One of the driving factors of the market is the cost effectiveness of photorejuvenation compared to alternatives such as plastic surgery. In addition, compared to other skin treatment methods, photorejuvenation treatments need little or no downtime and have few adverse effects. Furthermore, the increased desire among the elderly to appear young and attractive is driving the global photorejuvenation equipment market. Furthermore, the minimally invasive nature of these operations, as well as their low cost in compared to other surgeries. Furthermore, the market's growth is expected to be boosted by a quick turnaround time and little adverse effects. The procedure causes controlled wounds on the skin, which prompts it to heal by producing new cells. Photorejuvenation therapy is widely used, and it is frequently employed as a cheaper alternative to more expensive skin procedures like plastic surgery. Acne, acne scars, rosacea, matted telangiectasia, lentiginous cherry, angioma and spider angioma, red or blue facial and leg veins are all treated with photorejuvenation-based skin treatments. It's also utilised for things like birthmark and tattoo removal, as well as hair removal. High-intensity light emitting device is used in photorejuvenation technique (such as laser and LED). It is beneficial in boosting skin quality, removal of fine wrinkles from the facial skin, removal of skin marks and spots, and some of the other therapy such as age spots, sun spots and freckles.

Segment Analysis:

The Photorejuvenation Equipment Market is segmented by Type, Modality, and End Users. Based on the Type, the market is segmented into Intense Pulsed Light (IPL), Laser Equipment, Non-ablative Fractional Laser, and LED Equipment. Intense Pulsed Light (IPL) segment is expected to hold the largest market shares of xx% by 2029. Intense Pulsed Light is a photorejuvenation technique that employs a high-intensity light source that creates non-coherent and polychromic light. It's one of the most popular photorejuvenation devices for treating a variety of skin disorders. One of the key advantages of this device is its bigger pore size, which enables for simultaneous treatment of multiple skin disorders. In addition, photorejuvenation is regarded as one of the most effective treatments for skin cancer. Malignant melanoma is increasing at a rate of roughly 3% to 7% in various European countries and 2.6 percent in the United States, according to the Globocan. As a result, market growth in this segment is expected to be driven by the rising prevalence of skin illness and the benefits of intense pulsed light. Laser Equipment segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. This is due to the increasing demand for laser equipment for Photorejuvenation. The advantages of laser cutting are flexibility, precision, repeatability, speed, cost-effectiveness, outstanding quality, contactless cutting, and versatility and automation possibilities. Based on the End Users, the market is segmented into Hospitals, Dermatology Clinics, and Home Care Settings. Dermatology Clinics segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. Due to rising prevalence of dermatological problems, a large number of patients are seeking treatment at specialised dermatological centres. As a result, the usage of Photorejuvenation technology in dermatological centres is expected to increase during the forecast period. Hospitals segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. Hospitals is expected to continue to be the principal source of sophisticated dermatological treatment choices. This is expected to keep Photorejuvenation equipment's growing chances in this segment.

Regional Insights:

North America region is expected to dominate the Photorejuvenation Equipment market during the forecast period 2022-2029. North America region is expected to hold the largest market share of xx% by 2029. This is due to an increase in the number of geriatrics and the resulting skin conditions. According to the United States Census Bureau, there are around 52 million persons aged 65 and up in the United States in 2022. Furthermore, according to the American Journal of Managed Care (AJMC), the prevalence of atopic dermatitis in children is around 10.7%, while it is around 7.2 percent in adults in the United States. As one of the most often utilised therapies for treating skin disorders, photorejuvenation treatment is expected to drive market growth in this region throughout the forecast period. The objective of the report is to present a comprehensive analysis of the Global Photorejuvenation Equipment Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Photorejuvenation Equipment Market dynamic, structure by analyzing the market segments and project the Global Photorejuvenation Equipment Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Photorejuvenation Equipment Market make the report investor’s guide.

Photorejuvenation Equipment Market Scope: Inquiry before Buying

Photorejuvenation Equipment Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.16 Bn.
Forecast Period 2023 to 2029 CAGR: 6.4% Market Size in 2029: US $ 3.35 Bn.
Segments Covered: by Type Intense Pulsed Light (IPL) Laser Equipment Non-ablative Fractional Laser LED Equipment
by Modality Standalone Photorejuvenation Devices Portable/handheld Photorejuvenation Devices
by End Users Hospitals Dermatology Clinics Home Care Settings

Photorejuvenation Equipment Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)

Photorejuvenation Equipment Market Key Players

1. Abbott Medical Optics 2. Biolitec AG 3. Lumenis Ltd. 4. Candela Corporation 5. Erchonia Medical 6. LISA Laser Products 7. Alcon Inc. 8. Dornier Medtech GmbH 9. AESCULIGHT LLC 10. Deka Laser 11. Nidek Company Ltd. 12. Vascular Soultion Inc. 13. Hologic Inc. 14. Fotona 15. Cutera Inc. 16. Lutronic Corporation Frequently Asked Questions: 1] Which region is expected to hold the highest share in the Photorejuvenation Equipment Market? Ans. North America is expected to hold the highest share in the market. 2] Who are the top key players in the Photorejuvenation Equipment Market? Ans. Abbott Medical Optics, Biolitec AG, Lumenis Ltd., Candela Corporation, Erchonia Medical, and LISA Laser Products are the top key players in the Photorejuvenation Equipment Market. 3] Which segment holds the largest market share in the Photorejuvenation Equipment market by 2029? Ans. Intense Pulsed Light (IPL) segment hold the largest market share in the market by 2029. 4] What is the market size of the Photorejuvenation Equipment market by 2029? Ans. The market size of the Photorejuvenation Equipment market is expected to reach US $ 3.35 Bn. by 2029. 5] What was the market size of the Photorejuvenation Equipment market in 2022? Ans. The market size of the Photorejuvenation Equipment market was worth US $ 2.16 Bn. in 2022.
1. Global Photorejuvenation Equipment Market: Research Methodology 2. Global Photorejuvenation Equipment Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Photorejuvenation Equipment Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Photorejuvenation Equipment Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Photorejuvenation Equipment Market Segmentation 4.1 Global Photorejuvenation Equipment Market, by Type (2022-2029) • Intense Pulsed Light (IPL) • Laser Equipment • Non-ablative Fractional Laser • LED Equipment 4.2 Global Photorejuvenation Equipment Market, by Modality (2022-2029) • Standalone Photorejuvenation Devices • Portable/handheld Photorejuvenation Devices 4.3 Global Photorejuvenation Equipment Market, by End Users (2022-2029) • Hospitals • Dermatology Clinics • Home Care Settings 5. North America Photorejuvenation Equipment Market (2022-2029) 5.1 Global Photorejuvenation Equipment Market, by Type (2022-2029) • Intense Pulsed Light (IPL) • Laser Equipment • Non-ablative Fractional Laser • LED Equipment 5.2 Global Photorejuvenation Equipment Market, by Modality (2022-2029) • Standalone Photorejuvenation Devices • Portable/handheld Photorejuvenation Devices 5.3 Global Photorejuvenation Equipment Market, by End Users (2022-2029) • Hospitals • Dermatology Clinics • Home Care Settings 5.4 North America Photorejuvenation Equipment Market, by Country (2022-2029) • United States • Canada • Mexico 6. Asia Pacific Photorejuvenation Equipment Market (2022-2029) 6.4. Asia Pacific Photorejuvenation Equipment Market, by Type (2022-2029) 6.2. Asia Pacific Photorejuvenation Equipment Market, by Modality (2022-2029) 6.3. Asia Pacific Photorejuvenation Equipment Market, by End Users (2022-2029) 6.4. Asia Pacific Photorejuvenation Equipment Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Photorejuvenation Equipment Market (2022-2029) 7.1 Middle East and Africa Photorejuvenation Equipment Market, by Type (2022-2029) 7.2. Middle East and Africa Photorejuvenation Equipment Market, by Modality (2022-2029) 7.3. Middle East and Africa Photorejuvenation Equipment Market, by End Users (2022-2029) 7.4. Middle East and Africa Photorejuvenation Equipment Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Photorejuvenation Equipment Market (2022-2029) 8.1. Latin America Photorejuvenation Equipment Market, by Type (2022-2029) 8.2. Latin America Photorejuvenation Equipment Market, by Modality (2022-2029) 8.3. Latin America Photorejuvenation Equipment Market, by End Users (2022-2029) 8.4. Latin America Photorejuvenation Equipment Market, by Country (2022-2029) • Brazil • Argentina • Rest Of Latin America 9. European Photorejuvenation Equipment Market (2022-2029) 9.1. European Photorejuvenation Equipment Market, by Type (2022-2029) 9.2. European Photorejuvenation Equipment Market, by Modality (2022-2029) 9.3. European Photorejuvenation Equipment Market, by End Users (2022-2029) 9.4. European Photorejuvenation Equipment Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Abbott Medical Optics 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Biolitec AG 10.3. Lumenis Ltd. 10.4. Candela Corporation 10.5. Erchonia Medical 10.6. LISA Laser Products 10.7. Alcon Inc. 10.8. Dornier Medtech GmbH 10.9. AESCULIGHT LLC 10.10. Deka Laser 10.11. Nidek Company Ltd. 10.12. Vascular Soultion Inc. 10.13. Hologic Inc. 10.14. Fotona 10.15. Cutera Inc. 10.16. Lutronic Corporation
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