Fractional Laser Market to Observe Highest Growth of USD 3.0 Billion by 2030, Size, Share, Trends, Business Development Strategies and Competitive Analysis
Data Bridge Market Research analyses that the fractional laser market which is USD 1.50 billion in 2022, is expected to reach USD 3.0 billion by 2030, at a CAGR of 9.00% during the forecast period 2023 to 2030
ATHENS, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Data Bridge Market Research completed a qualitative study titled "Fractional Laser Market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. A high-ranking Fractional Laser market research report is a high-quality report having in-depth market research studies. It presents a definite solution to obtain market insights with which businesses can think about market place clearly and thereby take important decisions for the growth of the business. All the data, facts, figures, and information is backed up by well-renowned analysis tools which include the SWOT analysis and Porter’s Five Forces analysis. A number of steps are used while preparing the world-class Fractional Laser market document by taking inputs from a dedicated team of researchers, analysts, and forecasters.
The market research analysis has been drawn in the top-notch Fractional Laser market report with consistent knowledge of what the market expects, what is already available, the competitive environment, and what can be done to outshine the competition. The report is a complete overview of the market, covering various aspects including product definition, market segmentation based on various parameters, and the prevailing vendor landscape. This business research report helps to stay up-to-date about the whole market and also gives a holistic view of the market. The universal Fractional Laser market survey report is a professional in-depth study on the current state for the market and Fractional Laser industry.
Data Bridge Market Research analyses that the fractional laser market which is USD 1.50 billion in 2022, is expected to reach USD 3.0 billion by 2030, at a CAGR of 9.00% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The fractional laser, also known as fractional laser resurfacing, is an anti-aging treatment. Multiple laser sessions are required to treat wrinkles, fine lines in the skin, age spots, uneven skin tone, and other skin damages. With each subsequent laser session, the skin problems begin to fade. Fractional lasers are used in laser skin resurfacing and acne scar treatment to improve skin elasticity and texture, fine lines, wrinkles, acne scars, sun damage, melasma, and other skin discolorations. Unlike other types of laser skin resurfacing, fractional lasers only target small areas, leaving surrounding areas unaffected.
Increased adoption of non-invasive aesthetic procedures will propel the fractional laser market in the forecast period of 2023-2030. A device that delivers a laser beam split into thousands of minuscule treatment zones that only focus on a portion of the skin at a time similar to how a photographic image is improved or changed pixel by pixel is used in the non-invasive fractional laser treatment procedure. Fractional laser therapy has bridged the gap between ablative and non-ablative laser treatments for sun-damaged and ageing skin. While ablative laser treatments focus primarily on the epidermis (surface skin cells) and non-ablative treatments focus solely on dermal collagen (the skin's mid-layer), fractional laser treatments target both the epidermal and dermal layers.
Photonics technology advancements, increased oil and gas demand, medical, favourable government investments, increased demand for lasers in the military and defence sectors, and new applications are all driving up demand for laser technology. For instance, Lumibird, a laser technology developer, acquired Saab AB, a Swedish aerospace and defence company, in March 2021 to take over its defence laser rangefinder business. Lumibird Group's presence in the European defence market is likely to be beneficial. All of these measures contribute to the growth of the fractional laser market.
Fundamental Aim of Fractional Laser Market Report
In the Fractional Laser market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
Factors influencing the Fractional Laser Market Size and growth rate.
Major alterations to the Fractional Laser Market in the near future.
Notable Market rivals around the world.
The Fractional Laser Market's Future Scope and Product Outlook
Future-promising emerging markets.
The Market Presents Difficult Challenges and Threats.
Sales data and profiles of the world's leading Fractional Laser Market manufacturers
Some of the major players operating in the fractional laser market are:
Cynosure, LLC (France)
Quanta System (Italy)
Asclepion Laser Technologies GmbH (Germany)
LUTRONIC (South Korea)
Alma Lasers (Israel)
Lumenis Be Ltd. (France)
Lasering s.r.l. (Italy)
Candela Corporation (U.S.)
Deka M.E.L.A. S.r.l (Italy)
EC21 Inc. (South Korea)
Coherent, Inc. (U.S.)
FANUC UK Ltd. (U.K.)
Aerolase Corp. (U.S.)
Solta Medical (U.S.)
SharpLight Technologies Inc. (Canada)
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In 2021, Coherent Inc. announced that it had accepted the acquisition proposal for II-VI Incorporated, which was received on March 17, 2021. As a result, Coherent Inc. is terminating the March 9, 2021, merger agreement between Coherent Inc. and Lumentum and paying Lumentum the USD 217.6 million termination fee contemplated by their merger agreement in order to enter into a new merger agreement with II-VI Incorporated.
Key Market Segments Covered in Fractional Laser Industry Research
Key Growth Drivers:
Rise in usage of 3D laser technologies
3D laser technologies, which are precise and accurate by design and enable a contamination-free procedure, have reduced the cost of producing prostheses while increasing production speed. The surface of the material is unaffected, and the UV laser leaves no raised markings. At the same time, laser technology has enabled manufacturers to significantly increase their production capacity in order to meet the ever-increasing demands of hospitals and private care. These are the certain factors which propel the market growth.
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Fractional Laser Market Regional Analysis/Insights:
The countries covered in the fractional laser market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the fractional laser market due to the increase in the adoption of new technologies. Furthermore, the presence of major industry players with new product lines broadens the market.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of the rise in demand for industrial lasers and optical systems.
Important Facts about This Market Report:
This research report reveals this business overview, product overview, market share, demand and supply ratio, supply chain analysis, and import/export details
The Industry report captivates different approaches and procedures endorsed by the market key players to make crucial business decisions
This research presents some parameters such as production value, marketing strategy analysis, Distributors/Traders and effect factors are also mentioned
The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed
The import and export details along with consumption value and production capability of every region is mentioned in the report
Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth
Table of Contents:
Global Fractional Laser Market: Regulations
Global Fractional Laser Market, By Device Type
Global Fractional Laser Market, By Laser Type
Global Fractional Laser Market, By Site
Global Fractional Laser Market, By Application
Global Fractional Laser Market, By End User
Global Fractional Laser Market, By Region
Global Fractional Laser Market: Company Landscape
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