Light amplification by stimulated emission radiation is abbreviated as LASER. Laser is a source of light with very high intensity. Its light can be focused accurately on very small spots on the skin. Lasers have become an important modality of treating various skin diseases. Lasers aim to work on target cells without affecting the nearby cells. Various types of skin lasers are used in dermatology, such as CO2 lasers, YAG lasers, Aron Lasers, etc. Lasers can be used for different conditions such as treating warts, removal of hair, resurfacing of the skin, etc.
The global dermatology lasers market is poised to experience a robust growth during the forecast period. Trending concern about beauty and cosmetology among people is an important factor boosting the growth of the global dermatology lasers market. There is a rise in incidences of skin cancers. According to the World Health Organization, it is anticipated that about 2 to 3 million non-melanoma skin cancers and about 130,000 melanoma skin cancers occur across the world every year, which is also propelling the growth of the global dermatology lasers market during the forecast period. Increase in geriatric population and baby boomers is another major factor contributing to the growth of the global dermatology lasers markets since many undergo laser surgeries. Furthermore, rise in hair-related problems, prevalence of unhealthy lifestyle leading to skin diseases, environmental changes affecting the skin, time-saving and effective results of lasers, low side effects, and rise in demand from consumers for minimally invasive procedures and technologically advanced surgeries are projected to boost the growth of the global dermatology lasers market during the forecast period. However, high cost of the treatment, concerns regarding safety, etc. are the major restraints likely to hamper the growth of the global dermatology lasers market during the forecast period.
The global dermatology lasers market can be segmented on the basis of product type, application, amplifying media, configuration, end-user, and region. Based on product type, the global dermatology lasers market can be divided into surgical lasers and vascular lasers. The surgical lasers segment is expected to hold a significant share of the global market as this type of laser is more commonly used. In terms of application, the global dermatology lasers market can be classified into cancer, hair removal, tattoo removal, resurfacing, and others. Based on amplifying media, the global dermatology lasers market can be categorized into solid state, gas, and dye. On the basis of configuration, the global dermatology lasers market can be divided into mobile and fixed. In terms of end-user, the global dermatology lasers market can be classified into hospitals and clinics, specialty clinics, academic and research institutes.
The dermatology lasers market is projected to expand at a significant growth rate across the world. Geographically, the dermatology lasers market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to dominate the global dermatology lasers market in terms of value throughout the forecast period. The factors contributing to the growth of the dermatology lasers market in North America are rise in awareness among people regarding signs of aging, unhealthy lifestyle, prevalence of skin cancer, etc. Asia Pacific is expected to grow at a significant rate during the forecast period. Some of the factors contributing to the growth of the dermatology lasers market in the region are increase in skin-related surgeries, rise in the trend of hair removal by lasers, surge in incidence of cancer, etc.
Major players in the dermatology lasers market are striving to develop lasers having low side effects and which are cost-effective and highly efficient. Prominent players operating in the global dermatology lasers market include CTL - CENTRE OF LASER TECHNOLOGY – LASERINSTRUMENTS, Alma Lasers, Limmer Laser GmbH, and Asclepion Laser Technologies GmbH.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.