Skin resurfacing Market: Global Opportunity Analysis and Industry Forecast 2023-2030 Market

Skin resurfacing is a procedure for the skincare that is usually carried out by the physicians or dermatologists. This includes lasers for the improvement of skin texture and appearance. Based on the needs of the person dermatologists usually recommend non-ablative or ablative lasers. An ablative laser incorporates Erbium or sometimes carbon dioxide (CO2). Laser resurfacing treatments that use CO2 are used for throwing away any warts, scars, or deep wrinkles. Similarly, Erbium is provided for wrinkles along with finer lines and superficial skin concerns. These types of ablative lasers are used for the removal of outside layers of the skin.

On the contrary, Non-ablative lasers are not able to remove skin layers. Non-ablative lasers are used for pulsed-dye lasers, pulsed light, along with fractional lasers. They also make use of rosacea, acne-related concerns of the skin and spider veins. Patients also consider this treatments for sun, age, or any acne-related skin issues which cannot be treated by the over the counter or OTC drugs.

These skin resurfacing techniques are used for the treatment of many skin issue like:

• Age spots
• Scars
• Acne scars
• Fine lines and wrinkles
• Crow’s feet
• Sagging skin
• Uneven skin tone
• Enlarged oil glands
• Warts

COVID-19 scenario analysis:

Coronavirus disease 2019 (COVID-19) has created an economic crisis along with a health care crisis. COVID-19 pandemic has stretched healthcare system worldwide, developed countries are expected to cause an economic recession. The Covid-19 pandemic has an adverse impact on the healthcare system, resulting in 50% to 70% drop in revenue from March. Many small hospitals, clinics, and nursing homes, have been forced to shut their operations. As a result of social distancing and localized curfews have resulted in delayed elective surgical procedures. In addition, visa cancellations have led to a hiatus in medical tourism and can negatively impact the healthcare services market growth

Owing to such factors, COVID 19 is expected to have a significant impact on the Skin resurfacing market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis:

Increasing number of incidences of skin conditions like wrinkles, acne, wrinkles, skin pigmentation, along with the increasing obsession for flawless skin around the world are the major factors affecting the growth of the skin resurfacing market. Additionally, upgrades in the technology of laser devices and increasing applications of the skin resurfacing devices, are helping in the adoption of skin resurfacing devices as well. Moreover, there has been a considerable rise in the economic status of the population and they have started considering these treatments and increasing frequencies of the skin conditions issues are helping in the growth of the skin resurfacing market.

Additionally, there has been a social stigma has been observed in the psychological and emotional conditions and their direct association with the concerns of the skin conditions like scars, melasma and acne can lead to various psychological issues like depression, anxiety, and emotional distress, which can hamper the person’s quality of like and social functioning. 

On the other hand, the unreliability and other concerns in terms of Reimbursement, along with strict policies by the regulatory institutions are hampering the growth of the skin resurfacing market.

New product launches and acquisitions to flourish the market:

On April 4th, 2019, Lumenis Ltd introduced their new Legend Pro+ that is a radio frequency platform 4-in-1used for treatments related to skin resurfacing, collagen regeneration, facelift, and many other aesthetic procedures.

Surge in usage in hospitals and Clinics applications:

Hospitals, Clinics, and other healthcare facilities are the major end-users of the skin resurfacing market. Amongst them, Ambulatory Surgical Centers and Clinics consist of the biggest consumers in the market. The reason behind the demand growth is the significantly growing number of treatments. Along with this, various beauty salons and medical spas are huge consumers.

Key benefits of the report:

• This study presents the analytical depiction of the global Skin resurfacing industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Skin resurfacing market share.
• The current market is quantitatively analyzed to highlight the global market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global Skin resurfacing market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Skin resurfacing Market research report:

• What are the leading market players active in the Skin resurfacing market?
• What the current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

 Skin resurfacing Market: Global Opportunity Analysis and Industry Forecast 2020–2027 Report Highlights