The global photorejuvenation devices market is projected to reach USD 3,522 million by 2028, growing at a CAGR of 6.8%. Rising number of skin ailments, promising regulatory sanctions for new products and flourishing hi-tech advancements in the evolving markets are some of the factors driving the growth of the global photorejuvenation devices market.
Adroit Market Research report on global Photorejuvenation devices market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global photorejuvenation devices market have been studied in detail.
The global photorejuvenation devices market is categorized based on product, modality and end-use. On the basis of product, the market is segmented into intense pulsed light (IPL), laser equipment, and LED equipment. The laser equipment dominated the market in 2020. On the basis of modality, the market is segmented into standalone photorejuvenation devices and portable/handheld photorejuvenation devices. By end-use, the market is segmented into hospitals, dermatology clinics, home care settings, and others. In 2020, hospitals accounted for the largest share of the global photorejuvenation devices market.
North America dominated the market for photorejuvenation devices in 2020, while Asia-Pacific is set to grow at the highest CAGR due to growing demand for non-invasive techniques. Key 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.
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)
- Dermatology clinics
- Home care settings
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Asia Pacific
- South America
- Middle East & Africa
- South Africa