Photorejuvenation Equipment Market
Photorejuvenation Equipment Market Overview
The report is titled as ‘Photorejuvenation Equipment Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the photorejuvenation equipment market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The photorejuvenation equipment market is expected to grow at a significant rate in the near future.
The global photorejuvenation equipment market in 2020 is estimated for more than US$ 2.0 Bn and expected to reach a value of US$ 3.4 Bn by 2028 with a significant CAGR of 6.4%.
Photorejuvenation Equipment Market Dynamics
The increasing prevalence of skin diseases, desire to look younger among elderly people, and the mounting count of geriatric population are the major driving factors favoring the market growth.
In addition, the growing numbers of working women across the globe, increasing awareness about photorejuvenation devices, elevating per capita income, and the rising demand for the minimally invasive nature of these procedures are some other factors that are expected to fuel the market growth during the upcoming years.
Besides, the cost-effective process linked with photorejuvenation systems, low turnaround time, and the growing demand for combination therapy for hair and tattoo removal also aids in boosting the demand for such type of advanced equipment.
Supportive regulatory approvals for the launch of new and advanced products in the market coupled with the Increasing healthcare expenditure also fuels the market growth of photorejuvenation equipment globally. For instance, DEKA M.E.L.A. SRL received KFDA (Korean Food and Drug Administration) approval to launch the new Alexandrite system MOTUS AX in South Korea in 2018. moreover, In June 2019, Lumenis showcased a wide range of new technologies for hair, skin, body, and women’s health applications at WCD.
The increasing number of product launches in the medical aesthetics industry will contribute towards market growth. On the other hand, the side effects associated with Photorejuvenation Treatment like the darkening of skin tone, absorption of excess laser light resulting in skin discoloration and blistering, high cost linked with aesthetic devices, and sometimes unrealistic expectation of consumers are likely to restrict the Photorejuvenation Equipment market growth.
Photorejuvenation Equipment Market Segmentation
The global photorejuvenation equipment market is segmented on the basis of type, technology, application, and by region.
By Type:
Various Light Emitting Diodes
Lasers
Intense Pulsed Light
Other Thermal Methods for the Skin Treatment
By Technology:
Mechanical
Thermal
Chemical
By Application:
Skin Diseases
Birthmark Removal
Tattoo Removal
Hair Removal
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Photorejuvenation Equipment Market Competitive Landscape
Key players operating in the global photorejuvenation equipment market include Abbott Medical Optics, Biolitec AG, Lumenis Ltd., Candela Corporation, Erchonia Medical, LISA Laser Products, Alcon, Inc., Dornier Medtech GmbH, AESCULIGHT LLC, Deka Laser, Nidek Company Ltd., and Vascular Soultion, Inc.
Regional Segmentation
On the basis of region, the photorejuvenation equipment market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
MMC Overview on Photorejuvenation Equipment Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Photorejuvenation Equipment market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Photorejuvenation Equipment
• Advantages of Photorejuvenation Equipment
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Photorejuvenation Equipment Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Photorejuvenation Equipment Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Photorejuvenation Equipment Market Snapshot
2.4. Global Photorejuvenation Equipment Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Photorejuvenation Equipment Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Photorejuvenation Equipment Market, By Types
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Types
3.1.2. BPS Analysis, By Types
3.2. Market Revenue (US$Mn) Forecast, By Types
3.2.1. Various Light Emitting Diodes
3.2.2. Lasers
3.2.3. Intense Pulsed Light
3.2.4. Other Thermal Methods for the Skin Treatment
3.3. Global Photorejuvenation Equipment Market Attractiveness Index, By Types
4. Global Photorejuvenation Equipment Market, By Technology
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Technology
4.1.2. BPS Analysis, By Technology
4.2. Market Revenue (US$Mn) Forecast, By Technology
4.2.1. Mechanical
4.2.2. Thermal
4.2.3. Chemical
4.3. Global Photorejuvenation Equipment Market Attractiveness Index, By Technology
5. Global Photorejuvenation Equipment Market, By Application
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Application
5.1.2. BPS Analysis, By Application
5.2. Market Revenue (US$Mn) Forecast, By Application
5.2.1. Skin Diseases
5.2.2. Birthmark Removal
5.2.3. Tattoo Removal
5.2.4. Hair Removal
5.2.5. Others
5.3. Global Photorejuvenation Equipment Market Attractiveness Index, By Application
6. Global Photorejuvenation Equipment Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global Photorejuvenation Equipment Market Attractiveness Index, By Region
7. North America Photorejuvenation Equipment Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Photorejuvenation Equipment Market
7.2.2. Canada Photorejuvenation Equipment Market
7.3. North America Photorejuvenation Equipment Market, By Types
7.3.1. Various Light Emitting Diodes
7.3.2. Lasers
7.3.3. Intense Pulsed Light
7.3.4. Other Thermal Methods for the Skin Treatment
7.4. North America Photorejuvenation Equipment Market, By Technology
7.4.1. Mechanical
7.4.2. Thermal
7.4.3. Chemical
7.5. North America Photorejuvenation Equipment Market, By Application
7.5.1. Skin Diseases
7.5.2. Birthmark Removal
7.5.3. Tattoo Removal
7.5.4. Hair Removal
7.5.5. Others
7.6. North America Photorejuvenation Equipment Market Attractiveness Index
7.6.1. By Country
7.6.2. By Application
7.6.3. By Technology
7.6.4. By Types
8. Latin America Photorejuvenation Equipment Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil Photorejuvenation Equipment Market
8.2.2. Mexico Photorejuvenation Equipment Market
8.2.3. Argentina Photorejuvenation Equipment Market
8.2.4. Rest of Latin America Photorejuvenation Equipment Market
8.3. Latin America Photorejuvenation Equipment Market, By Types
8.3.1. Various Light Emitting Diodes
8.3.2. Lasers
8.3.3. Intense Pulsed Light
8.3.4. Other Thermal Methods for the Skin Treatment
8.4. Latin America Photorejuvenation Equipment Market, By Technology
8.4.1. Mechanical
8.4.2. Thermal
8.4.3. Chemical
8.5. Latin America Photorejuvenation Equipment Market, By Application
8.5.1. Skin Diseases
8.5.2. Birthmark Removal
8.5.3. Tattoo Removal
8.5.4. Hair Removal
8.5.5. Others
8.6. Latin America Photorejuvenation Equipment Market Attractiveness Index
8.6.1. By Country
8.6.2. By Application
8.6.3. By Technology
8.6.4. By Types
9. Europe Photorejuvenation Equipment Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. Photorejuvenation Equipment Market
9.2.2. Germany Photorejuvenation Equipment Market
9.2.3. Italy Photorejuvenation Equipment Market
9.2.4. France Photorejuvenation Equipment Market
9.2.5. Spain Photorejuvenation Equipment Market
9.2.6. Russia Photorejuvenation Equipment Market
9.2.7. Poland Photorejuvenation Equipment Market
9.2.8. BENELUX Photorejuvenation Equipment Market
9.2.9. NORDIC Photorejuvenation Equipment Market
9.2.10. Rest of Europe Photorejuvenation Equipment Market
9.3. Europe Photorejuvenation Equipment Market, By Types
9.3.1. Various Light Emitting Diodes
9.3.2. Lasers
9.3.3. Intense Pulsed Light
9.3.4. Other Thermal Methods for the Skin Treatment
9.4. Europe Photorejuvenation Equipment Market, By Technology
9.4.1. Mechanical
9.4.2. Thermal
9.4.3. Chemical
9.5. Europe Photorejuvenation Equipment Market, By Application
9.5.1. Skin Diseases
9.5.2. Birthmark Removal
9.5.3. Tattoo Removal
9.5.4. Hair Removal
9.5.5. Others
9.6. Europe Photorejuvenation Equipment Market Attractiveness Index
9.6.1. By Country
9.6.2. By Application
9.6.3. By Technology
9.6.4. By Types
10. Asia Pacific Photorejuvenation Equipment Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China Photorejuvenation Equipment Market
10.2.2. India Photorejuvenation Equipment Market
10.2.3. Japan Photorejuvenation Equipment Market
10.2.4. Australia and New Zealand Photorejuvenation Equipment Market
10.2.5. South Korea Photorejuvenation Equipment Market
10.2.6. ASEAN Photorejuvenation Equipment Market
10.2.7. Rest of Asia Pacific Photorejuvenation Equipment Market
10.3. Asia Pacific Photorejuvenation Equipment Market, By Types
10.3.1. Various Light Emitting Diodes
10.3.2. Lasers
10.3.3. Intense Pulsed Light
10.3.4. Other Thermal Methods for the Skin Treatment
10.4. Asia Pacific Photorejuvenation Equipment Market, By Technology
10.4.1. Mechanical
10.4.2. Thermal
10.4.3. Chemical
10.5. Asia Pacific Photorejuvenation Equipment Market, By Application
10.5.1. Skin Diseases
10.5.2. Birthmark Removal
10.5.3. Tattoo Removal
10.5.4. Hair Removal
10.5.5. Others
10.6. Asia Pacific Photorejuvenation Equipment Market Attractiveness Index
10.6.1. By Country
10.6.2. By Application
10.6.3. By Technology
10.6.4. By Types
11. Middle East Photorejuvenation Equipment Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries Photorejuvenation Equipment Market
11.2.2. Israel Photorejuvenation Equipment Market
11.2.3. Oman Photorejuvenation Equipment Market
11.2.4. Rest Of Middle East Photorejuvenation Equipment Market
11.3. Middle East Photorejuvenation Equipment Market, By Types
11.3.1. Various Light Emitting Diodes
11.3.2. Lasers
11.3.3. Intense Pulsed Light
11.3.4. Other Thermal Methods for the Skin Treatment
11.4. Middle East Photorejuvenation Equipment Market, By Technology
11.4.1. Mechanical
11.4.2. Thermal
11.4.3. Chemical
11.5. Middle East Photorejuvenation Equipment Market, By Application
11.5.1. Skin Diseases
11.5.2. Birthmark Removal
11.5.3. Tattoo Removal
11.5.4. Hair Removal
11.5.5. Others
11.6. Middle East Photorejuvenation Equipment Market Attractiveness Index
11.6.1. By Country
11.6.2. By Application
11.6.3. By Technology
11.6.4. By Types
12. Africa Photorejuvenation Equipment Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa Photorejuvenation Equipment Market
12.2.2. Egypt Photorejuvenation Equipment Market
12.2.3. North Africa Photorejuvenation Equipment Market
12.2.4. Rest Of Africa Photorejuvenation Equipment Market
12.3. Africa Photorejuvenation Equipment Market, By Types
12.3.1. Various Light Emitting Diodes
12.3.2. Lasers
12.3.3. Intense Pulsed Light
12.3.4. Other Thermal Methods for the Skin Treatment
12.4. Africa Photorejuvenation Equipment Market, By Technology
12.4.1. Mechanical
12.4.2. Thermal
12.4.3. Chemical
12.5. Africa Photorejuvenation Equipment Market, By Application
12.5.1. Skin Diseases
12.5.2. Birthmark Removal
12.5.3. Tattoo Removal
12.5.4. Hair Removal
12.5.5. Others
12.6. Africa Photorejuvenation Equipment Market Attractiveness Index
12.6.1. By Country
12.6.2. By Application
12.6.3. By Technology
12.6.4. By Types
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. Abbott Medical Optics
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. Biolitec AG
14.3.3. Lumenis Ltd.
14.3.4. Candela Corporation
14.3.5. Erchonia Medical
14.3.6. LISA Laser Products
14.3.7. Alcon, Inc.
14.3.8. Dornier Medtech GmbH
14.3.9. AESCULIGHT LLC
14.3.10. Deka Laser
14.3.11. Nidek Company Ltd
14.3.12. Vascular Soultion, Inc.
15. Acronyms