Global Dermatology Medical Lasers Market Trends And Strategies Of Major Players In The Dermatology Medical Lasers Market 2021-2030

The dermatology medical lasers market consists of sales of dermatology medical lasers and related services by companies that manufacture them. Dermatology medical lasers are used in the treatment of medical conditions related to the skin and for cosmetic procedures such as scar removal, skin rejuvenation, skin lightening, hair removal and tattoo removal.

Global Dermatology Medical Lasers Market Size And Drivers:

The global dermatology medical lasers market is expected to grow from $2.55 billion in 2020 to $3.09 billion in 2021 at a compound annual growth rate (CAGR) of 21.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5.51 billion in 2025 at a CAGR of 16%. The growing demand for cosmetic procedures is expected to drive the dermatology medical lasers market.

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Trends In The Global Dermatology Medical Lasers Market

Companies are increasingly investing in Picosecond Lasers for skin treatments other than tattoo removal as they have found their use in the treatment of acne, skin lightening and skin tightening. For instance, in July 2018, Picocare 450, manufactured by Wontech, a South Korea company, received FDA approval to be used in dermatology procedures. In February 2019, LaserOptek received FDA clearance for its PicoLO picosecond laser device used for the treatment of scars and skin rejuvenation. Therefore, the use of picosecond lasers in dermatological processes is expected to be the new trend in the dermatology medical lasers market.

Global Dermatology Medical Lasers Market Segments:
The global dermatology medical lasers market is further segmented –
By Device: Surgical Lasers, Vascular Lasers
By End-Users: Hospitals, Skin Care Clinics, Cosmetic Surgical Centers
By Application: Cancer, Hair Removal, Tattoo Removal, Resurfacing, Others
By Geography: The global dermatology medical lasers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Dermatology Medical Lasers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides dermatology medical lasers market overviews, analyzes and forecasts market size and growth for the global dermatology medical lasers market, dermatology medical lasers market share, dermatology medical lasers market players, dermatology medical lasers market segments and geographies, dermatology medical lasers market’s leading competitors’ revenues, profiles and market shares. The dermatology medical lasers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.