DERMATOLOGY LASERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Dermatology Lasers Market Size and Trends

Global dermatology lasers market is estimated to be valued at USD 3.51 Bn in 2024 and is expected to reach USD 5.80 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.

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Global dermatology lasers market is expected to witness positive growth over the forecast period due to rising demand for non-invasive medical aesthetic procedures among consumers. Growing geriatric population suffering from age-related skin problems and diseases also boosts the need for dermatology treatment. Moreover, advantages of lasers over other traditional skin treatment methods such as minimal downtime, reduced side-effects, and precision in treatment boosts their adoption rate among dermatologists. However, high costs associated can hamper the market growth. Increasing aesthetic consciousness and rising demand for effective treatment for skin issues can drive the global dermatology lasers market growth.

Rising Demand for Non-Invasive Aesthetic Procedures

Rising demand for aesthetic dermatology procedures can drive the market growth. With advancement in laser technology, non-invasive aesthetic procedures have gained popularity. Procedures like laser hair removal, skin resurfacing, skin tightening, and others allow treating various aesthetic issues without undergoing highly invasive surgeries. These procedures deliver visible skin improvements in just a few visits with minimal downtime. Busy lifestyles and growing preference for quick fixes have made non-invasive options appealing to consumers. These are typically less painful as compared to alternative treatments and allow people to resume normal activities right after the procedure.

Dermatology lasers offer precision and control in aesthetic treatments. Different laser wavelengths can be used to target specific skin concerns. Ablative lasers effectively treat acne scars and wrinkles while non-ablative lasers tighten skin and minimize pores. The ability to customize treatment protocols based on skin type and condition is a key factor boosting adoption of laser system. Dermatologists can achieve consistent, predictable results through laser treatments. Advanced laser technologies also integrate features like fractional modes, dynamic cooling devices and vacuum assisted clearance of debris to minimize discomfort during procedures. This has helped attract more customers, especially those initially hesitant to undergo laser treatments. The convenience and effectiveness of dermatology laser procedures against a wide range of aesthetic issues can drive the market growth. For instance, in 2020, according to the report published by American Society of Plastic Surgeons, approximately 13,281,235 minimally invasive cosmetic procedures were performed in the U.S. in 2020. Among these, 4,401,536 procedures involved botulinum toxin type treatments. Lumenis Ltd, a provider of innovative medical equipment and non-invasive clinical solutions, launched a new non-invasive treatment device in August 2020. This device, called NuEra Tight, is designed for personalized radiofrequency (RF) treatments, catering specifically to the individual needs of each patient.

Market Concentration and Competitive Landscape

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Growing Awareness about Skin Conditions and Laser Treatments

Growing awareness about managing various dermatological conditions along with people seeking prompt diagnosis and effective management can drive the market growth. Growing literacy about skin health, changing lifestyles and emphasis on aesthetics are steering this behavior shift. Easier access to online health resources and testimonials from others who underwent laser treatment is also improves knowledge. People understand that conditions like acne, rosacea, psoriasis need medical supervision and want long lasting relief. This awareness translates to greater willingness to try therapies like laser treatments. Dermatologists can now confidently recommend laser systems knowing patients are open and inquisitive about latest technical solutions. Companies promoting laser systems for both medical and cosmetic applications make efforts to educate target audiences through various channels. These organize conferences and workshops for dermatologists to highlight new applications. Information is also regularly disseminated through trade publications, websites and social media pages.

Key Takeaways from Analyst:

Global dermatology lasers market growth is driven by increasing prevalence of skin diseases worldwide and increase in aesthetic consciousness among people. Changing lifestyle and growing investment in personal aesthetics boosts demand for non-invasive cosmetic procedures. Increasing geriatric population who are more prone to developing age-related skin problems like wrinkles, lines and pigmented lesions also boost demand.

High costs of laser treatments and limited reimbursements for cosmetic procedures can hamper the market growth. Technological advancements leading to introduction of more affordable fractional and hybrid lasers can offer market growth opportunities.

North America currently dominates the market, owing to significant aesthetic spending and availability of advanced healthcare infrastructure. Asia Pacific region is expected to witness the fastest growth due to rapidly growing medical tourism industry in countries like Thailand, South Korea and India. These countries have emerged as popular destinations for cosmetic surgeries offering laser treatments at competitive costs.

Market Challenges: High costs associated with procedures

The high costs associated with various dermatology laser procedures can hamper the global dermatology lasers market growth. Laser procedures are expensive, thus, making these unaffordable for many people. Dermatology lasers are highly technical and sophisticated equipment that require substantial investments, and this increases its cost. Training physicians to operate these lasers and maintain certifications increases the overall costs. Many patients are unwilling or unable to bear such high medical expenses out of their own pockets, especially for aesthetic procedures. This has limited the scope of market expansion into lower-income regions and demographic groups. The costs of procedures vary significantly depending on the type of laser used as well as the area of the body being treated. For instance, in 2021, according to the International Society of Dermatology, laser hair removal treatments using advanced laser-based technologies can cost over US$ 1,000 for full body treatments, making it inaccessible to a large portion of the population. (Laser skin resurfacing procedures utilized to reduce signs of aging can cost thousands of dollars per session. This has prevented laser systems from achieving more widespread adoption, and thus, hampering the market growth.

Market Opportunities: New product innovations and launches

Global dermatology lasers market can witness growth due to new product innovations and launches. Dermatology practices have witnessed huge demand for non-invasive laser treatments to reduce acne scarring, remove tattoos, treat hair loss and skin revitalization. As consumers focus more on aesthetic procedures, there is a need for advanced laser technologies that can deliver effective results with minimal downtime. Manufacturers have a great opportunity to develop next-generation lasers with improved features like faster treatment speeds, customizable wavelengths, built-in skin analytics and more. For example, lasers that can target multiple skin concerns in one session would be well received. This could help practices improve efficiency and see more patients. Lasers entering new therapeutic areas as well like wound healing, pain management or antiviral therapies. One area ripe for innovation is laser technology for mild to moderate psoriasis treatment.

According to the National Psoriasis Foundation, over 8 million Americans have psoriasis but only a fraction seek treatment due to limited options. A safe, convenient laser that can effectively improve psoriatic plaques could allow more people to better manage their symptoms. Dermatologists would welcome such a solution to help meet the needs of this large underserved population.

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Insights, By Device Type - Access to Advanced Treatment Options Boosts Surgical Laser Segment Growth  

In terms of device type,  surgical laser segment is estimated to contribute the highest market share of 55.12% in 2024, owing to their ability to offer minimally invasive treatment options. Surgical lasers have revolutionized dermatological procedures by allowing physicians to perform several tasks that previously required complex surgeries through small incisions or noninvasively. This has translated to reduced recovery times, less pain and scarring for patients. Surgical lasers offer precision that cannot be provided by traditional surgical methods. With their ability to target pigmented lesions, vascular defects, tattoos or scars with micron-level accuracy, surgical lasers have become the standard for removal of various skin cancers, marks and imperfections. These have particularly benefited elderly patients or those with comorbidities who may not be eligible for extensive surgeries. Surgical lasers also assist in procedures like skin resurfacing, acne treatment and wrinkle reduction. The versatility of surgical lasers allows dermatologists to expand their range of treatments. Various laser systems can perform multiple functions through interchangeable handpieces tailored for different applications.

Insights, By Application - Growing Awareness of Non-invasive Cosmetic Procedures Boosts Skin Diseases Cure Segment

In terms of application, skin diseases cure segment is estimated to contribute the highest market share of 59.12% in 2024, owing to rising prioritization of early diagnosis and treatment. Widespread health education programs have increased recognition of common skin conditions and importance of seeking medical aid. This is supported by growing access to dermatologists worldwide. Early intervention leads to better management of several diseases. For example, proper treatment can prevent severe scarring from conditions like acne vulgaris or keloid scarring. This boosts patient confidence and quality of life. Non-communicable diseases like skin cancer are also regularly screened for and excised if detected at preliminary stages due to greater health awareness. Community engagement has further encouraged at-risk populations to regularly monitor their skin health. Factors like occupational sun exposure place specific demographics at higher risk of developing actinic keratosis, a precursor to skin cancer. Regular surveillance helps detect such keratotic lesions in time. All these factors have established skin disease treatment as a healthcare priority.

Insights, By Technology - Advantages over other Therapies Cements Ablative Lasers’ Dominance

In terms of technology, ablative lasers segment is estimated to contribute the highest market share of 45.21% in 2024, due to their distinct mechanistic advantages over other energy sources. Ablative lasers rely on heat generated from laser energy to remove top layers of the skin, stimulating collagen remodeling. This depth of treatment action enables ablation of multiple dermal layers in one session for maximum dermal effect. For indications requiring removal of pigmented or vascular lesions, ablation ensures thorough extraction in fewer sittings vis-à-vis other modalities. Further, ablative lasers peel or vaporize tissue for unparalleled dermal sculpting ability. This makes them the laser of choice for reconstruction of acne scars, skin laxity or wrinkle reduction through collagen stimulation. No other technology offers equivalent physical skin resurfacing properties.

Regional Insights

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North America has established itself as the dominant region in the global dermatology lasers market with an estimated 39.2% market share in 2024. With the presence of major international laser manufacturers such as Cutera, Cynosure and Lumenis, the region enjoys strong domestic supply. It also has a large pool of experienced dermatologists, thus, boosting demand for advanced laser-based procedures. The adoption of new and innovative laser technologies is higher in the U.S. and Canada as compared to other regions. This early technology adoption allows regional companies to gain expertise and penetration before expanding globally.

The Asia Pacific region has emerged as the fastest growing market for dermatology lasers. Countries like China, Japan, South Korea and Taiwan are industrializing rapidly and witnessing significant GDP growth annually. This economic development increases disposable incomes and spending power for elective medical treatments. Combined with growing medical tourism industries focused on dermatology, the demand for these minimally invasive laser procedures is expanding at double digit rates each year. Regional medtech companies are leveraging low operating costs to manufacture lasers for both domestic and export markets very competitively.

Market Report Scope

Key Developments

• In May 2024, STAAR Surgical Company, a company that is , a business well-known for its of implantable collamer lenses (EVO ICL) that treat presbyopia, astigmatism, and myopia, achieved a noteworthy milestone in its U.S. Highway 93 go-to-market program in May 2024. A strategic agreement between the company and IQ Laser Vision, a well-known provider of vision correction treatments with clinics located in Texas and California, has been revealed.
• In July 2023, Italy-based laser technology leader DEKA, a subsidiary of the El.En. Group, a manufacturer of laser devices, launched its latest advancements in dermatology and aesthetic medicine at the 25th WCD International Congress in Singapore. DEKA now aims to capture accelerated demand in Asian markets with their new "PRO" platforms.
• Johnson & Johnson Vision, a prominent player in eye health and a division of Johnson & Johnson MedTech, announced that its new ELITA Femtosecond Laser had obtained FDA 510(k) clearance specifically for creating LASIK flaps
• In November 2022 Accure Acne, Inc. received FDA clearance for its Accure Laser System that is designed to treat mild to severe inflammatory acne vulgaris. The system utilizes a 1726nm laser wavelength known for its selectivity, enhanced by proprietary technology that controls thermal gradient depth.

*Definition: Global Dermatology Lasers Market involves the sale of laser and light-based devices that are used in various dermatological procedures such as hair removal, tattoo removal, skin resurfacing, treatment of vascular lesions, pigmented lesions and skin rejuvenation. The devices used in this market include carbon dioxide lasers, erbium-doped yttrium aluminum garnet lasers, excimer lasers, pulse dye lasers and others. The dermatology lasers are used in hospitals, clinics and surgery centers by dermatologists and cosmetologists for different aesthetic and medical applications. The market growth is driven by rising consciousness about appearance and availability of advanced dermatology lasers.

Market Segmentation

• Device Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Surgical Laser
  • Vascular Lasers
•  Application Insights (Revenue, USD Bn, 2019 - 2031)
  • Skin Diseases Cure
  • Beauty & Cosmetics
• Technology Insights (Revenue, USD Bn, 2019 - 2031)
  • Ablative Lasers
  • Non-Ablative Lasers
•  End User Insights (Revenue, USD Bn, 2019 - 2031)
  • Hospitals
  • Dermatology Clinics
  • Laser/Cosmetic Clinics
  • Others
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Cutera
  • Cynosure, Inc.
  • Lumenis
  • Syneron Medical Ltd.
  • Aerolase Corporation
  • Sciton, Inc.
  • SharpLight Technologies Inc.
  • Fotona d.o.o.
  • Solta Medical, Inc.
  • Lynton Lasers Ltd
  • Quanta System SpA
  • Venus Concept
  • Ellex Medical Lasers Ltdje
  • Asclepion Laser Technologies GmbH
  • Beijing Toplaser Technology Co, Ltd.
  • BISON Medical Co., Ltd.