Intense Pulsed Light (IPL) System Market: Overview

Intense pulsed light (IPL) system is a device used in cosmetics and medical fields for the hair removal and other skin problems. IPL technology uses a handheld or trolley mounted system with computer controlled flashgun for delivering intense, visible, broad spectrum pulse of light, which has a spectral range of 400 to 1200 nm range. The IPL system’s light targets specific structures and chromophores, which are heated to destruction and reabsorbed by the body. Intense pulsed light system is used for hair removal and to treat acne & other dermatological diseases and conditions such as pigmented lesion treatment, rosacea, skin rejuvenation, sebaceous gland hyperplasia, melasma, actinic keratosis, basal cell carcinoma. It is also used in the fields of  optometry and ophthalmology. IPL can be used to manage dry eye disease caused due to the meibomian gland dysfunction.

Intense Pulsed Light (IPL) System Market: Key Trends

The global IPL system market is driven by high frequency of various skin diseases and conditions in developed and developing countries. For instance, according to the American Academy of Dermatology (AAD), acne is the most common skin condition in the U.S. It affects around 50 million people every year. Increasing in consciousness among young generation about beauty and high efficiency of these devices for the longer effect on the growth of body hair are some major factors fueling the global intense pulsed light (IPL) system market. Additionally, advancements in technology for hair removal and skin disease management devices in the last few years are propelling the global intense pulsed light (IPL) system market. However, high cost of technology and shortage of skilled professionals are some factors which are hindering the global intense pulsed light (IPL) system market.

Intense Pulsed Light (IPL) System Market: Segmentation

The global intense pulsed light (IPL) system market can be segmented in terms of product type, application, end-user, and region. Based on product type, global  market can be bifurcated into fixed and mobile. The mobile segment  hold the major market share due to flexibility and ease of usage by these devices. In terms of application, the global intense pulsed light (IPL) system market can be divided into hair removal, acne treatment, and others. The hair removal segment dominated the market. It is expected to continue this trend during the forecast period due to the rise in consciousness of beauty by younger people across the globe. Additionally, it is a more effective treatment for hair removal as compared to other conventional and other methods. Based on end-user, the global market can be segregated into beauty clinics and dermatology clinics. The beauty clinics segment dominated the global market. Increasing demand for hair removal solution at beauty clinics boosts this segment.

Intense Pulsed Light (IPL) System Market: Regional Analysis

In terms of region, the global intense pulsed light system market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market and is expected to continue this trend during the forecast period. Growing interest of consumers in personal grooming and rise in their purchasing power, which allows them to afford expensive hair removal products and services in the region, are major factors which are driving the intense pulsed light (IPL) system market in North America. The market in Asia Pacific is projected to expand at a high CAGR during the forecast period due to the rise in consciousness for beauty by younger people, personal grooming, and more incidence for skin conditions.

Intense Pulsed Light (IPL) System Market: Competitive Landscape

The global intense pulsed light (IPL) system market is highly competitive due to the entry of new companies in this market. Key players operating in the global intense pulsed light (IPL) system market include Cynosure Inc., Solta Medical (a wholly-owned subsidiary of Bausch Health Companies Inc.), Sciton, Inc., BIOTEC ITALIA, Leaflife Technology, Vertex Lasers, Iskra Medical d.o.o., Supramedical LLC, INDIBA, and Veroderm Medical Technologies.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in 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.