The global photorejuvenation devices market was valued at USD 2,100.6 million in 2020 and is projected to grow at a CAGR of 6.8% during the forecast period. Factors driving the growth of the photorejuvenation devices market include rising number of skin ailments, promising regulatory sanctions for new products and flourishing hi-tech advancements in the evolving markets.
Photoaging is a chemical reaction that occurs when skin is exposed to UV light. Premature skin aging occurs when this reaction disrupts the balance between normal collagen production and degradation
Regionally, North America accounted for the largest market share of the global photorejuvenation devices market attributable to presence of well-established manufacturers. Leading players of the global photorejuvenation devices market include Hologic Inc. (Cynosure, Inc.), Syneron Medical Ltd., Lumenis, Lynton Lasers Ltd, Fotona, EL.EN. S.p.A. (DekaMela S.r.l.), Cutera, Inc., Beijing Nubway S & T Co. Ltd, Lutronic Corporation, LISA Laser Products among others.
Photorejuvenation Devices Market Scope
| Metrics | Details |
| Base Year | 2020 |
| Historic Data | 2018-2019 |
| Forecast Period | 2021-2028 |
| Study Period | 2018-2028 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2028 | USD 3,522 million |
| Growth Rate | CAGR of 6.8% during 2021-2028 |
| Segment Covered | Product, Modality, End-use, Regions |
| Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Key Players Profiled | Hologic Inc. (Cynosure, Inc.), Syneron Medical Ltd., Lumenis, Lynton Lasers Ltd, Fotona, EL.EN. S.p.A. (DekaMela S.r.l.), Cutera, Inc., Beijing Nubway S & T Co. Ltd, Lutronic Corporation, LISA Laser Products among others. |
Key segments of the global photorejuvenation devices market
Product Overview, 2018-2028 (USD Million)
- Intense pulsed light
- Laser equipment
- LED equipment.
Modality Overview, 2018-2028 (USD Million)
- Standalone photorejuvenation devices
- Portable/handheld photorejuvenation devices
End-use Overview, 2018-2028 (USD Million)
- Hospitals
- Dermatology clinics
- Home care settings
- Others
Regional Overview, 2018-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- Mexico
- Middle East & Africa
- GCC
- South Africa
Reasons for the study
- Booming of technological advancements in the emerging markets
- Growing demand for non-invasive surgical procedures
- Increasing healthcare expenditure
What does the report include?
- The study on the global photorejuvenation devices market includes qualitative factors such as drivers, restraints and opportunities
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product, modality and end-use. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global photorejuvenation devices market is suitable for all the players across the value chain including product manufacturing companies, suppliers/distributors, R&D labs, CROs, healthcare organizations, medical reimbursement and insurance providers
- Venture capitalists and investors looking for more information on the future outlook of the global photorejuvenation devices market
Consultants, analysts, researchers, and academicians looking for insights shaping the global photorejuvenation devices market
Nonablative skin rejuvenation is one of the most exciting fields in laser surgery. At the recent American Society of Laser Medicine and Surgery annual conference, a substantial portion of the program was devoted to this area. Nonablative skin rejuvenation involves the use of cooling devices to protect the epidermis and thus allows high-energy laser radiation (with wavelengths that range from 570-1340 nm) to be delivered to the dermis. Histologic evidence suggests that nonablative skin rejuvenation is associated with increased collagen production, as well as with collagen shrinkage.
Based on product, the intense pulsed light (IPL) therapy is expected to show promising growth by 2028. IPL photorejuvenation has become a mainstay in the aesthetic and cosmetic arena; it improves both vascular and pigmented concerns, and improves the collagen and elastic tissue changes associated with photo damaged skin. The procedure has become predictable and, in the right hands, with the proper training and guidance, is very safe and effective, with consistent results and minimum downtime. The fact that these treatments result in minimum downtime for patients is very significant and is one of the main reasons for its popularity today.
Asia-Pacific is set to grow at the highest CAGR for photorejuvenation devices by 2028. The aesthetic dermatology industry is growing rapidly in this region, driven by positive macroeconomic factors, rising aspirations to achieve perfect body and face, increased medical tourism, availability of quality services and improved healthcare infrastructure. There are a number of independent practitioners as well as cosmetic surgeons, beauty consultant, hair stylists, make-up artists and nail artists. The Government of India especially, has taken several steps to stimulate growth in the dermatology industry. It is making continuous efforts to ease the business environment and attract investment from both domestic as well as international players.