According to Future Market Insights research, during the projected period, the global dermatology excimer lasers market is expected to grow at a CAGR of 11.4%. The market value is projected to increase from USD 87.7 Million in 2023 to USD 258.4 Million by 2033. The dermatology excimer lasers market was valued at USD 79.4 Million at the end of 2022 and is anticipated to exhibit Y-o-Y growth of 10.4% in 2023.
Market Outlook:
| Data Points | Market Insights |
|---|---|
| Market Value 2022 | USD 79.4 Million |
| Market Value 2023 | USD 87.7 Million |
| Market Value 2033 | USD 258.4 Million |
| CAGR 2023 to 2033 | 11.4% |
| Share of Top 5 Countries | 71.8% |
| Key Players | Alma Lasers, Ra Medical Systems, STRATA Skin Sciences, GSD - Global Skin Dermatologist (Shenzhen GSD Tech Co., Ltd), Kernel Medical Equipment Co.,LTD, KRUPA MEDI SCAN |
Dermatology excimer lasers are medical devices that produce a focused laser-like ultraviolet light beam. These lasers are used in dermatology to treat psoriasis, vitiligo, atopic dermatitis, and eczema, among other skin conditions.
Excimer lasers target specific cells or regions of tissue without harming healthy tissue nearby by delivering high-energy pulses of ultraviolet light to the skin's affected area. The targeted cells are destroyed by the intense light, which encourages the creation of fresh, healthy skin cells in their stead.
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Sales of the dermatology excimer laser market grew at a CAGR of 8.4% between 2015 and 2022. The global dermatology excimer lasers market contributes 1.3% revenue share to the global dermatology devices market valued at USD 2.6 Billion in 2022.
Excimer lasers are a type of gas laser that utilizes a mixture of a noble inert gas and a halogen. In the activated state, these lasers form excited dimers, which have a very short lifetime. These dimers are produced by applying high-energy current to the gas mixture. In the medical field, excimer lasers have found successful applications in various areas, including ophthalmology, cardiology, angiology, dentistry, orthopedics, and dermatology.
Excimer lasers were initially largely employed to treat psoriasis, a persistent skin disorder marked by scaly, itchy spots on the skin. However, with time, their application has grown to cover the management of additional skin conditions, including vitiligo, atopic dermatitis, and eczema. The 308-nm XeCl excimer laser and the 308-nm excimer lamp are commonly employed for dermatological treatments.
Over the coming few years, the global market for dermatology excimer lasers is anticipated to expand significantly. Psoriasis, vitiligo, and atopic dermatitis are some of the dermatological disorders that are treated with excimer lasers. Compared to other therapy alternatives, these lasers deliver a targeted and accurate treatment, which can lead to quicker recovery and fewer side effects.
The rising prevalence of skin conditions, the rising desire for non-invasive treatment alternatives, and technological improvements in laser systems are some of the factors boosting the dermatological excimer lasers market. The industry is also gaining from the expanding use of excimer lasers in developing nations as well as the rise in dermatology practices and medical spas.
Considering this, FMI expects the global market to grow at a CAGR of 11.4% through the forecasted years.
Globally, the prevalence of skin conditions including vitiligo and psoriasis is on the rise. As a result, there is a sizable opportunity for the dermatological excimer lasers market to grow and satisfy the rising demand for non-invasive, efficient treatment solutions.
Technological developments are spurring innovation in the dermatological excimer laser market, resulting in the creation of laser systems that are more effective and efficient. For instance, using computerized imaging systems and treatment protocols can enhance the precision and accuracy of laser treatment, lowering the likelihood of adverse effects. Using excimer lasers in aesthetic dermatology also presents a huge market opportunity. Excimer lasers are a non-invasive alternative to more invasive cosmetic procedures for treating a variety of cosmetic skin issues, including hyperpigmentation and fine wrinkles.
The dermatological excimer laser market also offers a sizable window of opportunity because of the rising demand for dermatology services in emerging areas like Asia and Latin America.
The desire for cutting-edge skincare procedures is being fueled by the expansion of dermatology practices and medical spas in these areas, as well as by rising disposable incomes and shifting lifestyles.
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Due to their high cost, excimer lasers may not be as accessible to smaller dermatology practices and spas. Patients may be discouraged from getting treatment due to the high expense, particularly in nations where healthcare is either unaffordable or not covered by insurance. Different nations' and healthcare systems' policies on paying for dermatology excimer laser procedures might be very different. Limited reimbursement may make it difficult for individuals to purchase treatments and may prevent healthcare organizations from implementing excimer laser technology.
In particular, in nations with stringent regulatory frameworks, the regulation of medical devices, especially dermatology excimer lasers, can be complicated and time-consuming. This may limit the number of excimer laser treatments available and make it more difficult for producers to release new goods on the market.
The USA market held a market share of 58.3% in the global market in the year 2022.
The market for dermatology excimer lasers in the USA has grown steadily over time and is anticipated to do so in the years to come. The market is expanding as a result of rising awareness of skin conditions like vitiligo and psoriasis, as well as rising demand for non-invasive, efficient treatment options.
The market is expanding due to the rising popularity of telemedicine and remote consultation services in the USA. Dermatology clinics and medical spas are increasingly providing virtual consultations and treatment alternatives, including excimer laser procedures, as the COVID-19 epidemic causes a move towards remote healthcare services.
China dominated the global market for dermatology excimer lasers and accounted for 4.5% of the global market share in 2022.
The market is expanding as a result of China's changing lifestyles and rising disposable income. The demand for these services is anticipated to increase in the upcoming years as more individuals become able to afford modern skincare procedures, such as excimer laser treatments.
Overall, the desire for non-invasive, efficient treatment alternatives, the rising prevalence of skin problems, and ongoing advancements in laser technology and treatment protocols are projected to fuel the growth of the dermatological excimer laser market in China over the coming years.
Canada is set to be the most attractive market in the dermatology excimer laser and holds a market share of 3.2% globally in 2022.
The market for dermatology excimer lasers in China is expected to grow significantly in the coming years due to several factors.
The prevalence of skin conditions including eczema, vitiligo, and psoriasis is rising, and these conditions are being treated with lasers since they are effective and have some adverse effects. In addition, Canada's sophisticated healthcare system and high healthcare spending are encouraging more money to be spent on dermatology treatments. The demand for excimer lasers in Canada is also being fueled by rising consumer knowledge of the newest cosmetic and aesthetic dermatological treatments.
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The trolley-mounted excimer lasers segment held a significant chunk of about 47.7% of the global market by the end of 2022.
In offering doctors, a portable and adaptable instrument for the treatment of various skin problems, trolley-mounted excimer lasers can significantly contribute to the expansion of the dermatological excimer laser industry. Excimer lasers installed on trolleys have several benefits, including mobility, which makes it simple to move them between clinics and treatment rooms, improving patient convenience and accessibility.
Compared to portable lasers, trolley-mounted excimer lasers often provide a bigger treatment area, which enables doctors to treat a wider variety of skin problems in less time. These devices are extremely configurable and suited for a wide variety of uses because of their ability to be fitted with a variety of features like changeable parameters and targeting systems.
Psoriasis by application segment holds a 22.7% market share of the global market in 2022.
Psoriasis is one of the most common skin conditions globally, and it affects millions of people. The use of dermatology excimer lasers has gained significant popularity in the treatment of psoriasis due to its targeted, painless, and effective treatment approach. The growth of the dermatology excimer lasers market globally is set to increase as psoriasis incidence and prevalence continue to rise. Escalating demand for more efficacious treatments has propelled industry players to adopt excimer lasers as preferred treatment methodologies for psoriasis.
The dermatology and cosmetic clinics segment accounted for a revenue share of 52.5% in the global market at the end of 2022.
The market for dermatology excimer lasers is expanding due to the rising need for non-invasive and efficient medical treatments. As they provide patients with effective and safe treatments for a range of skin disorders, dermatology, and cosmetic clinics are at the forefront of this trend. As a result, the use of excimer lasers in these clinics is increasing, which supports the development of the market for dermatological excimer lasers is expanding due to numerous factors. One significant factor is the rise in skin conditions including eczema, vitiligo, and psoriasis that are being treated with lasers since they are effective and have some adverse effects.
Key players in the market are focused on increasing their product portfolio to strengthen their position in the dermatology excimer laser market and also to expand their footprint in emerging markets. The key manufacturers are focusing on market strategies, technological advancements, regulatory compliance, product launch, and acquisition and distribution agreement with other companies to expand their business.
For instance:
Similarly, recent developments have been tracked by the team at Future Market Insights related to companies in the dermatology excimer lasers market space, which are available in the full report
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2015 to 2022 |
| Market Analysis | USD Million for Value |
| Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania, Middle East and Africa (MEA) |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Argentina, Germany, United Kingdom, France, Italy, Spain, Russia, BENELUX, Nordics, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Australia, New Zealand, Türkiye, South Africa, North Africa, and GCC Countries |
| Key Segments Covered | Product, Application, End User, and Reion |
| Key Companies Profiled | Alma Laser; Ra Medical Systems; STRATA Skin Sciences; GSD - Global Skin Dermatologist (Shenzhen GSD Tech Co., Ltd); Kernel Medical Equipment Co.,LTD; KRUPA MEDI SCAN |
| Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
North America, Europe, and Asia-Pacific dominate the global dermatology excimer lasers market.
The dermatology excimer lasers market is projected to grow at a CAGR of 11.4% from 2023 to 2033.
Alma Lasers, Ra Medical Systems, STRATA Skin Sciences, and GSD – Global Skin Dermatologist are the key players within the global market
Increasing adoption of fractional excimer lasers is the top trend in the dermatology excimer lasers market.
The dermatology excimer lasers market is projected to reach USD 258.4 Million by 2033.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Value-Added Insights 5. Market Background 6. Global Market Demand (in Volume (Units)) Analysis 2015 to 2023 and Forecast, 2023 to 2033 7. Global Market Pricing Analysis 8. Global Market Demand (in Value or Size in USD Million) Analysis 2015 to 2022 and Forecast, 2023 to 2033 9. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Product 9.1. Table Top Excimer Lasers 9.2. Handheld Excimer Lasers 9.3. Trolley Mounted Excimer Lasers 10. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Application 10.1. Psoriasis 10.2. Vitiligo 10.3. Eczema/Atopic Dermatitis 10.4. Allergic Rhinitis 10.5. Alopecia Areata 10.6. Others 11. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By End User 11.1. Hospitals 11.2. Dermatology & Cosmetic Clinics 11.3. Plastic Surgery Centers 11.4. Others 12. Global Market Analysis 2015 to 2022 and Forecast 2023 to 2033, By Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. South Asia 12.5. East Asia 12.6. Oceania 12.7. Middle East & Africa 13. North America Market Analysis 2015 to 2022 and Forecast 2023 to 2033 14. Latin America Market Analysis 2015 to 2022 and Forecast 2023 to 2033 15. Europe Market Analysis 2015 to 2022 and Forecast 2023 to 2033 16. East Asia Market Analysis 2015 to 2022 and Forecast 2023 to 2033 17. South Asia Market Analysis 2015 to 2022 and Forecast 2023 to 2033 18. Oceania Market Analysis 2015 to 2022 and Forecast 2023 to 2033 19. Middle East and Africa Market Analysis 2015 to 2022 and Forecast 2023 to 2033 20. Market Structure Analysis 21. Competition Analysis 21.1. Alma Lasers 21.2. Ra Medical Systems 21.3. STRATA Skin Sciences 21.4. GSD - Global Skin Dermatologist (Shenzhen GSD Tech Co., Ltd) 21.5. Kernel Medical Equipment Co., Ltd 21.6. KRUPA MEDI SCAN 22. Assumptions and Acronyms Used 23. Research Methodology
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Dermatology Excimer Lasers Market
