SAN FRANCISCO, June 8, 2020 /PRNewswire/ -- The global skin resurfacing market size is expected to reach a value of USD 378.4 million by 2027, expanding at a CAGR of 7.2%, according to a new report by Grand View Research, Inc. High incidence of medical conditions such as acne in adolescents and a rapidly aging population is anticipated to drive the market.
High influence of social media and rise in usage of smartphones and photo editing applications is anticipated to fuel a desire for flawless and glowing face, thereby increasing the demand for the rejuvenation services. For instance, Facebook, YouTube, Instagram, and Pinterest are not only some of the most used social media platforms among cosmetic surgery patients, but also the most engaging platforms for information search regarding cosmetic procedures, before and after photographs, practice information, and beauty contests.
Key suggestions from the report:
- Non-ablative lasers are anticipated to grow at a rapid pace over the forecast period due to the increasing demand for non- invasive procedures
- Ablative held the largest market share in 2019 due to its application in a range of rejuvenating procedures
- Laser skin resurfacing machines dominated the market in 2019. This can be attributed to the technological advancements in these machines
- The wrinkles segment is anticipated to witness lucrative growth over the forecast period owing to rise in adoption of unhealthy lifestyle and sun exposure leading to premature aging
- Others end-use segment, which mainly includes ambulatory surgical centers, beauty salons, and medical spas held significant market share in 2019
- North America dominated the market in 2019 owing to the presence of skilled professionals and the availability of technologically advanced products
- In Asia Pacific, the market is anticipated to witness a remunerative growth over the forecast period owing to the availability of cosmetic procedures at a relatively low cost.
Read 100 page research report with ToC on "Skin Resurfacing Market Size, Share & Trends Analysis Report By Type (Ablative, Non-ablative), By Product (Laser Skin Resurfacing Machine, Laser Tips), By End Use, By Application, By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/skin-resurfacing-market
According to the article published by the NYP Holdings, Inc., nearly 28.0% of the females below 25 years of age, nearly 42.0% of the females between 25-34 years of age, and 54.0% of females between 35-44 years of age worry about aging. This rise in desire for eternal youthful appearance coupled with the rapidly aging population and unhealthy lifestyle is anticipated to fuel the need for corrective cosmetic treatments.
North America dominated the market and accounted for largest market share in 2019. This is attributed to rising disposable income and availability of technologically advanced medical devices in the region. In addition, presence of skilled professionals is also driving the market in the region. Asia Pacific is anticipated to witness highest CAGR over the forecast period. This is attributed to growth of medical tourism and availability of rejuvenation procedures at affordable costs in the region. In addition, increasing aging population and rising beauty consciousness is anticipated to drive the market in the region over the forecast period.
Grand View Research has segmented the global skin resurfacing market on the basis of product, application, type, end use, and region:
- Skin Resurfacing Product Outlook (Revenue, USD Million, 2016 - 2027)
- Laser skin resurfacing machine
- Carbon Dioxide (CO2) skin laser scanner machine
- Laser tips
- Others
- Skin Resurfacing Application Outlook (Revenue, USD Million, 2016 -2027)
- Wrinkles
- Aging
- Acne & other scars
- Skin pigmentation
- Others
- Skin Resurfacing Type Outlook (Revenue, USD Million, 2016 - 2027)
- Ablative
- Non-ablative
- Skin Resurfacing End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Clinics
- Others
- Skin Resurfacing Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Thailand
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- MEA
- South Africa
- Saudi Arabia
- UAE
- List of the Key Players of Skin Resurfacing Market
- Alma Lasers GmbH
- Cynosure, Inc.
- Altair Instruments
- Cutera, Inc.
- Lynton Lasers Ltd
- Syneron Medical Ltd.
- Lutronic Corporation.
- Sciton, Inc.
- Quanta System
- Lumenis Ltd.
Find more research reports on Medical Devices Industry, by Grand View Research:
- Bioresorbable Coronary Stents Market - Availability of post-approval, real-world evidence data for Magmaris, Magnitude and second generation Absorb is expected to be the turning point for the current lagging pace of this market.
- Tissue Expanders Market - Some of the reconstruction procedures that utilize tissue expanders are scalp reduction surgery and reconstruction of face, neck, arms, and legs. As a result, increase in number of breast reconstruction procedures as well as other reconstruction surgeries has led to a rise in demand for tissue expanders.
- Medical Tapes & Bandages Market - The adverse effect of wound dressing techniques on the skin is one of the major factors hindering the growth of the medical tapes and bandages market.
Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter
