Facial Skin Ablative Treatment Market Revenue Worth $8,394.3 Million by 2030 says P&S Intelligence
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NEW YORK, April 6, 2021 /PRNewswire/ -- Around the world, with the increasing influence of social media, fashion magazines, and the Western culture, people are becoming more conscious of their appearance. Due to this factor, the global facial skin ablative treatment market revenue, which was $4,134.6 million in 2019, will reach $8,394.3 million by 2030, at a 7.8% CAGR between 2020 and 2030, according to P&S Intelligence.
As per the American Society for Dermatologic Surgery (ASDS), the number of people who wanted a cosmetic surgery in 2017 was twice that in 2013. This is acting as a key facial skin ablative treatment market growth driver, as aestheticians and cosmetic surgeons are combining intense pulsed light (IPL) and laser technologies for treating broken blood vessels, skin laxity, rolls of localized fat, fine lines, large pores, and skin discoloration.
Key Findings of Global Facial Skin Ablative Treatment Market
- Booming geriatric population driving volume of facial skin ablative procedures
- Dermal fillers most-widely used technology
- Demand for facial skin ablative treatments to remain highest in North America
- Non-invasive procedures lucrative opportunity area for industry players
- Device manufacturers targeting customers with new products
- APAC to be fastest-growing market for facial skin ablative treatments
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The highest CAGR in the technology segment of the facial skin ablative treatment market is predicted to be seen in the radiofrequency (RF) microneedling category in the years to come. This technology shows effective results in just one procedure, and it is considered safe owing to its fewer side-effects. This is why RF microneedling is widely used for scar treatment, skin tightening, and many other facial skin procedures.
Browse detailed report with COVID-19 impact analysis on Facial Skin Ablative Treatment Market Research Report: By Technology (Radiofrequency Microneedling, Dermal Fillers, Laser Skin Resurfacing, Mesotherapy), Application (Wrinkles, Aging, Acne and Other Scars, Hyperpigmentation), Demography (Generation X, Baby Boomers, Generation Y, Generation Z) - Global Industry Analysis and Demand Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/facial-skin-ablative-treatment-market-trends
Presently, North America generates the highest revenue for facial skin ablative treatment market players. The increasing prevalence of facial skin issues, existence of numerous established medical laser and cosmetics companies, high awareness about the enhanced skin ablative treatments available, and rising concerns of people regarding their appearance drive the demand for facial skin ablative treatments and the related devices.
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Key companies in the global facial skin ablative treatment market include Lumenis Ltd., Alma Lasers Ltd., Cutera Inc., Syneron Medical Ltd., EL.EN. S.p.A., Sciton Inc., Fotona D.o.o., Laseroptek Co. Ltd., Hologic Inc., Imdad LLC, Crown Laboratories Inc., Stryker Corporation, Lutronic Corp, Delasco LLC, Koru Pharmaceuticals Co. Ltd., INSTITUTE BCN ESTHETICS SL, HUGEL Inc., CAREGEN Co. LTD., Galderma SA, Allergan plc, Shenb Co. Ltd., and Merz Pharma GmbH & Co. KGaA.
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Anti-Aging Market - North America is the dominant region in the anti-aging market currently, owing to the rising plastic surgery volume and geriatric population. The UN expects the number of elderly people on the continent to increase to 96.2 million by 2050 from 59.9 million in 2019.
Skin Replacement and Substitutes Market - North America dominated the skin replacement and substitutes market, and the region is expected to contribute 56.8% revenue to the domain by 2024. This is majorly because of the availability of the large number of wound care hospitals and clinics in the region.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
SOURCE P&S Intelligence
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