Global Laser Resurfacing Industry Market Projected to Reach $649.9M
New research of the global laser resurfacing industry forecasts the market will grow to $649.9 million at a compound annual growth rate of 8.7%.
The laser resurfacing market covers a variety of areas in the aesthetics field, including skin tightening, eliminating benign and malignant lesions, lessening the appearance of wrinkles and scars, and evening out skin coloration.
The market is classified into non-ablative and ablative lasers and in 2021 the ablative segment of the industry dominated. Ablative lasers are expected to continue the trend during the forecasted period. A key factor of this is the awareness among the female population regarding aesthetic medicine and the rise in the female population.
The uptick of the market is attributed to advancement in technology to develop laser resurfacing devices and high presence of key players. Some of the key players include SpaMedicial, Pure Luxe Medical, Elan Aesthetics Inc, Lynton Lasers Ltd, Estique Clinic, Aesthetic Solutions Inc., Alma Laser Inc., Cutis Dermatology, Glow Anti-Aging Clinic, and Venus Treatments.